As major cryptocurrencies like Ripple (XRP) and Near Protocol (NEAR) face challenges, IntelMarkets (INTL) is gaining momentum with $500,000 in fresh investments from Chinese investors. Let’s dive into the three reasons why IntelMarkets is attracting this influx of capital.
Ripple Stuck: Can XRP Break Free from $0.5550 Resistance?
With Ripple (XRP) unable to breach the critical $0.5550 resistance level, XRP remains relatively stagnant at about $0.5263. This stagnation with the ongoing SEC’s pending appeal in the Ripple case has cast a huge cloud over the whole Ripple (XRP) ecosystem.
The community waits for Ripple (XRP) to cross this resistance level, which may open its doors for further gains of up to a $0.5880 price point.
Many people are on the optimistic side because of the hopes of a potential XRP-spot ETF, but for now, Ripple’s (XRP) price is stagnant. This must be probably because of the regulatory concerns in Ripple (XRP).
XRP can reach up to $1.00 if the SEC does not appeal the Programmatic Sales decision. However, the concern is whether XRP can go above the barrier at $0.5550 or not.
Near Protocol (NEAR) Hits Resistance: Will It Recover Soon?
Over the past few weeks, the price of the Near Protocol (NEAR) showed a steady surge but this momentum couldn’t keep up with the market volatility. Furthermore, the price of the NEAR Protocol was positive during the previous week and month.
Near Protocol (NEAR) is currently trading at $4.61, registering a red streak on daily, weekly, and monthly charts. NEAR’s price has stuck in a trading range of $4.5 to $4.7 with $4.8 being the strong resistance. Near Protocol (NEAR) attempted to break this resistance and even moved passed it one time to reach its recent high of $5.2 but it soon rebounded to below the $4.7 level.
The market is waiting for some solid developments in the Near Protocol (NEAR) ecosystem for the token to pick up some steam. A known analyst has predicted the NEAR will continue to trade bearish for over a week and might be reaching a new low of around $4.
Chinese Investors Pump $500K into IntelMarkets—Here’s Why
Chinese investors have recently come under the spotlight for their recent investment in a newly launched coin named IntelMarkets (INTL). They have invested over $500,000 into INTL, making everyone in the crypto market wonder nothing but what is this new platform about and what potential does this have? Well, let’s look at 3 reasons that set this platform apart from others.
AI and Blockchain Intersection
This project is bringing the crypto world to the greatest intersection of AI and blockchain technology. IntelMarkets is all set to launch an AI-powered trading platform that will have AI integration at every level of trading, making the whole trading process a breeze. Your minimum input will be required, AI will do the rest, and you’ll enjoy the big gains.
Cutting-edge Features
This platform will be loaded with amazing features that will change the game of trading for once and ever. These features will include but are not limited to dual-chain trading, multichannel analysis, omnichannel systems, up to 1000x leverage, and AI-powered robots. These features will streamline your trading process. The platform is also secured with its quantum-proof protocol which will ensure that each transaction is safe from every kind of quantum attack.
Up to 1100x ROI
IntelMarkets is getting recognized for the profit potential it holds. It started its presale journey at $0.018 per INTL token and it has already surged to $0.03, giving early investors a 100% increase. This price is further set to increase by 1100x reaching up to $1 upon the platform’s official launch and the token listing on major CEXs.
Conclusion
These are just a few reasons that set this platform apart. Furthermore, IntelMarkets (INTL) has successfully secured over $1.57M in its ongoing presale, making it one of the hottest ICOs in recent years. Join the presale and become one of its early investors as well.
Discover More About Intel Markets:
Presale: https://intelmarketspresale.com/
Buy Presale: https://buy.intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Source: https://cryptodaily.co.uk/2024/10/3-reasons-why-chinese-investors-are-pumping-500000-into-intelmarkets-while-near-xrp-dump