Despite volatility in the crypto market, innovative altcoins like IntelMarkets (INTL) are attracting attention. This viral newcomer to the decentralized world has already attracted whales from projects like Avalanche (AVAX) and Polygon (MATIC). Read on to learn about what experts are forecasting next for these leading altcoins in unpredictable market conditions.
Will Polygon (MATIC) Hit $1 After Shift to POL?
Polygon’s shift from MATIC to POL has become the talk of the crypto world. The upgrade is expected to cause ripples for the Layer-2 Ethereum altcoin as the project will embrace new tokenomics and add much-needed adjustments for the upcoming challenges faced by the community.
For the majority of users, the swap will be automated and require no manual action. MATIC tokens will be automatically switched to POL tokens and will become the native staking tokens on the blockchain. As one of the top 15 altcoins in the world, this shift is expected to have a monumental impact on Polygon (MATIC).
In the shorter timeframe, Polygon (MATIC) is facing sustained selling pressure from investors. The altcoin has stumbled over 2% on the daily charts and 15% on the weekly charts. This showcases major uncertainty from investors over such a monumental shift.
Experts think that it could take a while before Polygon (MATIC) hits $1 because of the uncertainty surrounding the move. MATIC currently faces strong resistance around the $0.50 mark and needs to rebuild momentum under the POL ticker before any such move can be expected.
IntelMarkets (INTL) Announces $1 Million Grant for Route X21 Protocol
AI trading platform IntelMarkets (INTL) recently announced the initial development of the Route X21 protocol. The quantum-resistant protocol is expected to innovate added security for DeFi assets on the blockchain layer and protect users against challenges expected to result from the exponential increase in quantum computing power.
IntelMarkets (INTL) also announced a $1 Million grant from UAE-based investors for the development of the protocol. The technical innovation is expected to push the boundaries of decentralized security and future-proof blockchains.
The viral AI platform has seen unprecedented success in its ongoing presale. Over 2,200 investors have signed up for IntelMarkets (INTL), and over $220,000 has been raised. With the core team formed by ex Open AI, Renaissance Technologies, and Goldman Sach executives, crypto experts anticipate IntelMarkets will be a game-changing deployment of artificial intelligence.
Avalanche (AVAX) Investors Add This Viral Altcoin for 10x Gains
Avalanche price is facing sustained selling pressure from bears as AVAX crashed below $21.75 on the daily charts. This trend is part of a continuous downswing where Avalanche (AVAX) has crashed 9.5% on the weekly charts. Market activity indicates that investors are shifting to spot holdings as broader cryptocurrency conditions showcase a bearish trend.
On the AVAX/BTC charts, Avalanche is down 1.75%, showcasing an increasing shift to Bitcoin holdings by investors. Additionally, on-chain data shows that Avalanche investors are rapidly adding the viral IntelMarkets (INTL) token into their portfolios.
Conclusion
IntelMarkets (INTL) is standing out in a volatile market with its unique value proposition and advanced technological model. The AI-based platform integrates AI on the native blockchain level and devises new ways to protect DeFi users against future threats from quantum encryption.
And the features don’t end there. IntelMarkets (INTL) is also making enterprise-grade technical analysis accessible for retail traders. As a result, the presale is rapidly selling out at $0.009 as investors are rushing to add positions before the price goes up to $0.018 in Stage 2. Analysts think that the project could go much higher than its presale ending price of $0.11, as demonstrated by its market demand and institutional support.
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Source: https://www.crypto-news-flash.com/viral-platform-intelmarkets-teases-quantum-resistant-route-x21-protocol-as-avalanche-and-matic-whales-join/?utm_source=rss&utm_medium=rss&utm_campaign=viral-platform-intelmarkets-teases-quantum-resistant-route-x21-protocol-as-avalanche-and-matic-whales-join