Top altcoins such as Ripple (XRP) are currently facing hostile bearish trends in the cryptocurrency market. As XRP continues falling through the ranks, an emerging altcoin is gaining momentum. IntelMarkets broke out as INTL tokens experienced an impressive 80% price increase. IntelMarkets is an eye-catching project that has gained the attention of investors with its AI-powered trading platform and remarkable gains.
IntelMarkets (INTL): A Stellar Performer in a Volatile Market
One of the leading crypto innovations, IntelMarkets captivated the scene with an AI-powered platform blending blockchain technology and DeFi. INTL is optimized to change the face of the $916 billion global trading market. With its self-learning trading robots that can analyze real-time data to provide institutional-grade trading insights for retail traders.
In recent weeks, IntelMarkets has surged by 80% and has become a top choice for investors. Currently in presale, INTL tokens are set at an affordable price $0.073 apiece. Having increased from a price of $0.045, it has rewarded early backers with gains of 80%.
A testament of the market confidence is the fact that IntelMarkets already raised $4.9million in the presale in presale funding. This feat proves massive interest from commercial traders, as there are only 28M more INTL tokens in the 8th stage. Backed by a team of MIT and Open AI experts, INTL has proven to be the favorite of savvy investors looking for the most cutting-edge technology on the market.
Ripple: Fed Rate Cuts Make XRP Price Plummet
One of the longest-established top cryptocurrencies by market cap, Ripple (XRP) has been a staple of the digital payment sector. However, the coin has not performed up to par recently, as market sentiment was decisive in XRP’s price action. CoinMarketCap data show Ripple trading at $2.1 at the time of writing, a considerable decline from its peak highs this year. From a stable trading price of $2.50, Ripple lost a few support levels consecutively, dropping over 12% in the last 24 hours.
This downturn has mainly been attributed to the Fed cutting interest rates by 25 points, contributing to the broader market decrease. As XRP is currently bordering on falling below the $2 resistance, it’s hard to expect any significant advances in the short time frame as long as the market continues this spiral.
Ripple remains an essential player in the cross-border payment sector, even with its loss of key support levels. However, IntelMarkets emerges as a much more attractive investment chance. Unlike XRP, which has a mature market cap of $120b, INTL is a low cap gem that has significant room for growth.
Conclusion
The nature of the cryptocurrency market is that it’s driven by innovation and early adoption. As Ripple (XRP) remains stuck in a downward spiral, there appears to be little upside for the token in the short term. IntelMarkets (INTL) is on a new project with serious growth prospects. With its 80% price bump, and bullish trajectory, it’s a no brainer for any investor who’s looking to reap life changing gains.
INTL is more than just another altcoin: it is a mixture of AI and DeFi that will change the way crypto is traded. Do not miss the rapidly growing presale. Get started with the future of trading today:
