The Tron Network (TRX) has stunned critics with an impressive performance in August. The altcoin surged over 30% and managed to launch a budding memecoin ecosystem. On the other hand, Polygon (MATIC) has failed to gain traction before its upcoming surge to POL. These trends reflect a broader struggle in the altcoin market.
Amid these market conditions, smart investors are exploring opportunities to maximize returns. AI trading platform IntelMarkets (INTL) has become the center of attention with its unique features.
What’s Next for Tron (TRX) After Bullish August?
Led by renowned founder Justin Sun, Tron (TRX) has managed to exhibit impressive performance in August. The altcoin surged over 30% in the past month and saw inflows of millions as investors jumped in memecoins. Projects like SUNDOG saw exponential gains, with an individual trader making over $2 Million in his $1,000 investment.
Another key factor behind Tron’s surge has been the platform’s unique Proof-of-State (dPoS) system, which ensures that the community is at the forefront of decision-making. All “Super Representatives” are elected by community members, and the trajectory of the project is determined by a democratic process.
Tron (TRX) is currently at $0.157 with a 2.7% pullback on the 24-hour charts. However, the monthly outlook of Tron looks bullish, with a 14% surge. This performance is even more impressive when accounting for the broader conditions of the crypto market. After a period of consolidation, Tron could test $0.2 before entering price discovery.
Polygon (MATIC) Crashes Despite Major Upgrade
The Polygon (MATIC) community has been anxiously awaiting the platform’s upgrade to POL. The September 4 upgrade will convert all MATIC holdings to POL, and the token will play a crucial role in staking and native gas fees. In the upcoming stages, the token will also underpin the functioning of the Agglayer.
Even though the purpose of the POL upgrade is to enhance utility, traders have negatively reacted to the development. Polygon (MATIC) is currently down over 8.63% on the daily charts, with the monthly charts showing a 9.63% decline. Experts have identified dwindling market confidence as the key reason behind this shift in sentiment.
Amidst unpredictable conditions for these major altcoins, market whales are looking for opportunity in a new viral contender.
IntelMarket (INTL) Aims for Top Spot as Presale of the Year
Even though this trading platform is days into its launch, it has already made a massive impact in the crypto world. IntelMarkets (INTL) is an initiative by tech leaders from Google, OpenAI, and Renaissance Technologies to redefine trading with AI. The feature that has gained the most attention on the platform is the deployment of blockchain technology on the native layer.
In its bid to even out the landscape for retail investors, IntelMarkets (INTL) is providing aggregated data feeds through its Intelli-Array feature. Additionally, traders can use the native trading robots to customize capital deployment based on their preferred risk allocation and profit targets.
IntelMarkets (INTL) is not just another new entrant to the market. The platform has already raised over $170,000 within days and is expected to become a behemoth in the TradFi world. The current price point of $0.009 offers an attractive entry point, considering the listing price of $0.11. This shows a potential gain of up to 1,400% on initial investment for early participants in the ongoing presale.
Investors are always keeping an eye on promising opportunities in the market and IntelMarkets (INTL) takes center stage as an exciting prospect with its features and projected returns.
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
Read More From Techbullion And Businesnewswire.com
