Kaspa’s (KAS) KRC-20 Tokens Go Live; Ethereum (ETH) Whales Flee to This New ICO Sensation – IntelMarkets (INTL)

The past few days post-CPI have been exciting, marked by price upswings. With sentiment gradually turning bullish and anticipation growing around a rate cut, the crypto market prepares for the next leg of its bull run. In another remarkable event, Kaspa’s (KAS) KRC-20 tokens went live, sparking a buzz and price gain.

Meanwhile, Ethereum (ETH) whales have been betting on IntelMarkets (INTL), the latest ICO sensation, to make the most of the upcoming bullish wave. This emerging cryptocurrency integrates AI into crypto trading, preparing to transform the $36 billion global crypto trading market.

IntelMarkets (INTL): Latest ICO at the Intersection of AI and DeFi

IntelMarkets (INTL) is on the radars of savvy investors and whales for good reasons. Ethereum (ETH) whales have been stockpiling at the current price of $0.009, aiming to become early adopters of the future of trading. With plenty more room for growth than established cryptocurrencies like Kaspa (KAS), it is a must-have coin.

The ICO is in the first stage and over $270,000 has been raised after its debut in late August. Besides, $500,000 has been raised from Fortune 500 investors, highlighting confidence and optimism in its unique offering and growth prospects. On the cusp of adoption, it has been tipped for a 65x jump after its much-anticipated debut.

Regarding its fundamentals, it is a novel AI-based trading platform for diverse asset pairs. Its proprietary L1 blockchain will introduce an AI infrastructure for trade analysis and automation, helping retailers scale up to become the top 1% of traders. One more distinguishing feature is its dual-chain architecture, which offers support for both the Ethereum and Solana blockchains.

Kaspa (KAS): KRC-20 Tokens Introduce Smart Contract Functionalities

Kaspa (KAS) is a proof-of-work cryptocurrency, ranking among the top 30 cryptocurrencies. Its growth this year has been remarkable, up by almost 250% on the yearly chart. The recent launch of the KRC-20 tokens on the mainnet might be the next catalyst for a huge price jump.

KRC20 tokens recently went live on the Kaspa protocol, introducing smart contract functionality. Since its launch, the network is believed to be handling the “huge loads perfectly,”  according to the GHOSTDAG co-author. With this latest development, the Kaspa crypto can compete even better against leading Layer-1 blockchains.

Judging by recent performance, KAS has been one of the most bullish altcoins of late. The Kaspa coin price increased over 10% on the weekly charts, trading at $0.17. Similarly, it has been on the upside in the past month, highlighting its growth prospects.

Ethereum (ETH): Dips Present Good Entry

Ethereum (ETH), the leading altcoin and the second-largest cryptocurrency, requires little to no introduction. As a DeFi giant—the largest ecosystem for decentralized applications—it plays a key role in the crypto scene. It remains the go-to destination for DeFi solutions and services, making it one of the best cryptos to invest in.

Further, the launch of Ethereum ETFs in the year’s second half bridges the gap between traditional finance and crypto. It also pushed it closer toward mainstream adoption, which industry experts believe will be crucial to the next leg of its bull run.

However, it has been underwhelming of late. The Ethereum price tumbled over 10% on the monthly charts. The week chart isn’t different as it trades downward, fueling the search for more promising alternatives. Nevertheless, analysts suggest a comeback for the Ethereum coin, with the dip presenting a good entry.

Conclusion

KRC-20 tokens recently went live on the Kaspa (KAS) mainnet, tipped to become a catalyst for a massive price upswing. Meanwhile, Ethereum (ETH) trades downward but with a bounceback on the horizon, although whales diversify to IntelMarkets. This new player won’t only reshape the crypto trading scene but also skyrocket, making it the best crypto to buy now.

Discover More About Intel Markets:

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