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As Ripple and Toncoin face market challenges, Intel Markets emerges as a standout, poised to transform the $36 billion global crypto trading market.
The new month picks up where the previous one left off: the bloodbath continues. Ripple’s 1 billion XRP token unlock caused a significant price drop. Meanwhile, Toncoin found key support at $5, hoping to resume its uptrend.
At the same time, Intel Markets, a new AI-powered trading platform, is at the heart of the current market buzz. Its novelty and impending transformation of the $36 billion global crypto trading market set it above most new ICOs.
Intel Markets: Set to be at the forefront of crypto trading
Intel Markets, one of the most promising projects currently, is on investors’ and experts’ radars. For good reasons, of course. The global crypto trading market is expected to reach $347 billion by 2030 and at the forefront will be INTL.
The AI-powered smart trading platform will offer traders unprecedented computing power. Alongside advanced trading features and tools like bots, real-time market data, charting software and trading indicators, traders can make precise and profitable positions. More importantly, users can make even better bets with its 1,000x leverage on select assets.
Further, its dual-chain architecture makes it even more appealing. It supports the Ethereum and Solana blockchains, contributing to the rising presale demand. Over $200,000 has been raised in the first stage of the ICO at $0.009, highlighting investor confidence and optimism. A 6,500% uptick has been projected after its launch, poised to outpace top coins like XRP and Toncoin.
Ripple: Token unlock push price downward
Ripple, a top altcoin that assists with cross-border transactions and payments, unlocked 1 billion tokens on September 1st. This is an ongoing strategy to manage the token supply and this time, the effect wasn’t any different than in previous times.
The XRP price tumbled—down by over 5% in just the past 7 days. Also contributing to its downswing is the overall market decline and drop in investor confidence. With the $0.6 support lost, a decline below $0.4 wouldn’t be surprising.
However, a bullish XRP price prediction hints at a comeback in the coming days. Profit-taking is wrapping up, giving room for a healthy comeback. According to the forecasts, a jump past $0.7 might play out before the month’s end, placing it on the list of altcoins to watch out for.
Toncoin: $5 support show resilience
Toncoin, the Telegram-based cryptocurrency and a top altcoin, saw a big correction last month. FUDs still linger, even after the release of Telegram founder Pavel Durov, who has been officially indicted in France.
The TON price fell from a month-high of $7.1, trading a little above $5 at the time of writing. This translates to a 20% downswing on the monthly timeframe, highlighting how big of a pullback it is experiencing in a short while.
Amid this, the $5 support has been resilient. A Toncoin price prediction believes a climb past $5.5 before the week’s end might set it up for a jump next week. It is tipped for a rally past $8 before the month’s end, although a fall below $5 might slow this comeback.
Conclusion
Amid XRP’s 1 billion token unlock and Toncoin’s resilience, Intel Markets prepares to reshape the global crypto trading scene. Its unique approach—a blend of AI and DeFi trading—sets it apart, alongside a dual-chain architecture. As it sails toward adoption, it has been tipped as the next big thing.
For the latest updates and information, visit the official Intel Markets Website.
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Source: https://crypto.news/xrp-1b-token-unlock-tons-resilience-intel-markets-ai-powered-trading-platform/