Crypto investors have grown weary of sitting back in anticipation of a Ripple (XRP) and Dogecoin (DOGE) rally as both coins continue to stall. Instead of waiting, they have begun dispensing funds into IntelMarkets (INTL), a more promising crypto project gaining momentum, hoping to capture substantial gains from its move.
Whales Repose 400 Million XRP in 24 Hours
Renowned whale activity tracker Whale Alerts has called attention to a conglomerate of colossal transactions in which approximately 400 million XRP were moved to several destinations.
The whale sleuth highlighted these transactions in several X posts on September 24, 2024. It noted that the 400 Million XRP were moved in five batches, four of which were sequentially carried out between two wallets.
Notably, three of those transfers involved 95 million XRP valued at $55.5 million on average, each sent to an unknown address. For the fourth transaction, 98,852,249 million XRP worth $57.7 million were also moved to an unidentified platform. In monetary value, the amount of XRP transferred in these four transactions was estimated at $224.2 million.
Meanwhile, the last transaction went from a nameless Ripple-affiliated wallet to the popular crypto exchange Bitstamp. It involved 17,230,000 XRP valued at around $9.9 million at the time of transfer.
While none of these transactions budged XRP’s price, the Ripple coin continues to trade at $0.58 with an intraday loss of 0.62%.
Dogecoin Surpasses the $1 Billion Milestone in a Crucial Metric
Dogecoin’s trading volume has swept past the $1 billion threshold during the day’s trading session on September 25, 2024.
The rally translates to a 27.71% increase in 24 hours, standing at $1.01 billion. Interestingly, this uptick is reflected across all trading exchanges, indicating a growing interest in DOGE among investors.
Binance, the largest cryptocurrency bourse by valuation, accounted for $357.11 million of the $1.01 billion volume. Second to Binance was OKX, boasting $245.60 million in volume for the premier meme coin. Bybit, BingX, and Bitget followed with $145.75 million, $55.13 million, and $20.17 million, respectively.
Along with the trading volume, DOGE’s Open Interest also rose 2.24% to $530.78 million. Yet, the price remains unaffected, with a mere 0.28% increase to $0.10. As a result, DOGE investors have sought out a profitable alternative, with a new dual-chain cryptocurrency catching their fancy.
Investors Rotate Funds Into IntelMarkets as It Promises Substantial Gains
Due to the drab momentum in the XRP and DOGE markets, investors are turning to IntelMarkets for a solution to their predicament. IntelMarkets’ presale offers an exciting opportunity to amass substantial returns on paltry investments. However, its offerings do not stop there.
IntelMarkets is an advanced AI trading cryptocurrency exchange where users can speculate on the future prices of asset pairs for profit.
Basically, it is a perpetual contracts platform designed for futures traders to trade their preferred assets with high-leverage options that reach 1,000x. The exchange was built on Ethereum and Solana, using their infrastructure to provide flexibility and scalability.
INTL’s presale is in Stage 2, ready to make a jump to Stage 3 in the next six days. With this, investors will have an opportunity to realize 50% gains, provided they buy the token now. By the end of the presale, investors would have amassed more than 511% in profits as the price hits $0.11.
Why are DOGE And XRP Investors Choosing INTL?
INTL promises an opportunity to make a profit amid XRP and DOGE’s standstill. With the token fixing to climb the ranks of the top 20 crypto assets after its exchange listing, now is the best time to buy INTL and hold.
Adding to the optimism, crypto market experts believe its capitalization could reach billions of dollars and its price double to triple digits by 2025.
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Source: https://cryptodaily.co.uk/2024/09/investors-tired-of-waiting-for-move-on-ripple-and-dogecoin-rotate-funds-into-intelmarkets-intl