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The post TON Down 10%; TRX Continues Rally; Intel Markets Kicks of ICO, Preparing to Reshape Crypto Trading appeared first on Coinpedia Fintech News
The crypto market took another sudden turn as Bitcoin (BTC) tumbled below $60,000. Toncoin (TON) swung low and down by over 10%, despite Pavel Durov’s release from custody. Meanwhile, TRON (TRX) maintains traction, oblivious to larger bearish sentiment.
At the same time, a new player has stolen the spotlight, aiming to reshape crypto trading: Intel Markets (INTL). Taking a unique approach, it stands at the crossroads between AI and DeFi, gearing up to transform the $36 billion global crypto trading market.
Intel Markets (INTL): A New DeFi Protocol Poised to Reshape Crypto Trading
Intel Markets (INTL), a new entrant in the ICO world, is the latest sensation. The presale recently kicked off but almost $200,000 has been raised in early funding, suggesting confidence in its value proposition and potential. But what is the buzz all about?
It is worth noting that the global crypto trading market is projected to reach $264 billion in 2030, which Intel Markets aims to break into and reshape. It will combine the world’s most disruptive innovations, building a novel AI-powered smart trading platform. This will put it at the forefront of crypto trading, offering access to perpetual future contracts with advanced leverage options.
The ongoing presale offers an opportunity to become an early adopter of this innovative project. Investors have been stacking up at $0.009 in the first stage of the ICO, tipped to witness a 50x rally after listing on Tier-1 exchanges.
Toncoin (TON): Over 10% Dump on Weekly Chart
Toncoin (TON), the Telegram-based cryptocurrency, navigates choppy waters. Last week, Telegram founder Pavel Durov was arrested in France, fueling FUDs and intense selling pressure. This resulted in a significant price drop, revisiting $5.1, a level last seen in May.
While Durov’s release from custody—although now formally indicted and not allowed to leave France—forced a slight uptick, it still trades on the downside. On the weekly chart, the Toncoin price is down by over 10%. Trading above $5.0, it is over 30% below its all-time high of $8.24.
However, despite the bearish outlook, it is on track for a comeback. Besides, at its current price, it is in an attractive buy zone. A popular Toncoin price prediction hints at a jump above $6.0 in the coming days, placing it on investors’ radars.
TRON (TRX): Sights Set on Flipping $0.2 Into Support
TRON (TRX), a Layer-1 token, is among the few altcoins keeping crypto hopes alive. It soared above expectations, hitting an annual high of $0.16 while the rest of the market tumbled. This significant uptick can be linked to the rise of TRON memes, hot on the heels of Solana and Ethereum memecoins.
While it hasn’t been all green, its movement has been bullish, with sights set on the next key level. Next in its sight is flipping the $0.2 resistance into support, which experts believe might play out before the end of Q3. At the current TRON price, it is one of the best altcoins to invest in.
Similarly, its outlook for the rest of the year is promising. A TRON crypto prediction stirring up a buzz suggests a rally past $1 before the curtain closes on the year. This will be a huge leap from its current all-time high of $0.3 registered in 2018.
Conclusion
While Toncoin is down by over 10%, TRON maintains upward traction. Meanwhile, Intel Markets, the latest presale sensation, gears up to transform the crypto trading scene by integrating AI into trading. As it sails toward adoption, it is undoubtedly a new DeFi project to keep on the radar.
Discover More About Intel Markets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
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