Ripple (XRP) was arguably the biggest start of the crypto market during the 2018 bull run, hitting a high of over $2. However, since then, Ripple has been clouded by legal troubles, and the project is now losing ground to newcomers with active communities and much higher upside.
Ripple (XRP) Hits Bearish Sentiment as Whales Give Up
Ripple (XRP) has been on a significant negative trend as holders are continuing to give up on the ecosystem. While a few months ago, the blockchain was expected to have a bullish resurgence with a resolution with the US SEC, the new appeal filed by the SEC has completely shifted sentiment. Ripple has failed to overcome legal challenges, and as a result, XRP is now down 2% on the daily charts.
Another key factor derailing Ripple’s progress is the organization’s focus on RLUSD, an alternative product to XRP that is resulting in negative sentiment for holders. For XRP to overcome this challenge, holders will need to push past resistance at $0.63, which seems unlikely according to experts.
Aptos Crashes Hard After Failed Breakout With 36% Volume Drop
Aptos’s recent attempt at a bullish breakout has failed to sustain as the APT token has dropped over 10% in the past 24 hours. Despite an increase in network activity and user sign-ups, Aptos has seen a major volume drop and expects that the token will go through a consolidation phase before the next breakout.
However, on the long-term horizon, Aptos has been witnessing positive developments, including an increase in Total Locked Value (TVL), which has contributed over $630 million to the ecosystem.
Aptos has aggressively attracted capital into its ecosystem. The network has a total value locked (TVL) of $629 million, with a stablecoin market capitalization of $238 million.
IntelMarkets Roars Past $1 Million After Giveaway Announcement
IntelMarket’s disruptive AI platform is expected to dent a major blow in the $1 Trillion trading industry by offering the most advanced solution. By integrating AI on the blockchain layer and offering the highest level of trading security, IntelMarkets is focused on changing the way crypto traders interact with digital assets. The viral platform has managed to surpass $1 million in its ongoing public presale with over 12,000 early backers. This wave is expected to gain even more support as the project’s core team includes leaders from Open AI, Google, and Renaissance Technologies.
The key reason IntelMarkets is growing so fast is the platform’s AI-based Rodeum AI protocol and upcoming roadmap, which includes an AI blockchain launch in 2025. While traditional exchanges pit retail traders against whales, IntelMarkets (INTL) evens the playing field by offering advanced data analysis tools through the Intelli-Array consolidation feed. Users can simply sign up with a basic email and get started with fiat or cryptocurrency to hold the INTL token without any advanced KYC requirements to start trading.
By becoming holders of the INTL token, traders can access discounted trading fees and profit shares on the exchange. Tokens are rapidly selling out at $0.02 as the price is expected to surge 200% in the next round. Additionally, the listing price is $0.12, which means that early backers could be entitled to gains up to 1500% by the time the project is listed on leading exchanges.
Key Takeaways
Current market momentum clearly shows that XRP is failing to live up to its promise. Even the Ripple Foundation is pushing in a different direction with a focus on RLUSD. The XRP community is rightfully eyeing other emerging projects like IntelMarkets (INTL) and Aptos, which offer a much more modern and exciting solution with rapidly expanding markets. However, unlike Ripple, the time to get in early on projects like INTL markets is running out because traders are jumping at the chance to procure tokens at the affordable price of $0.02 before the price jumps.
Learn more about the IntelMarkets (INTL) presale:
Presale: https://intelmarketspresale.com/
Buy Presale: https://buy.intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
