Fantom (FTM) and Bittensor (TAO) are in tight competition to break through their price barriers while bears take hold of their price actions. Market analysts are tilted to IntelMarkets (INTL) at the same time, eyeing its potential.
While FTM and TAO are battling to show notable gains, INTL soars past a million dollars in the presale phase. Experts say that IntelMarkets (INTL) will surge 1200% in the upcoming bull run. Though both Fantom (FTM) and Bittensor (TAO) are trying to push their prices above their respective resistance levels, the efforts seem to be in vain.
As of the time of writing, Fantom’s native token, FTM, was trading at $0.6884, down 2% from the previous day. The token has seen a significant 41% increase in value over the last month, mostly due to community excitement over the impending update—known as the Sonic upgrade—which is scheduled for November or December.
Furthermore, Fantom’s (FTM) infrastructure should see several significant upgrades as a result of the Sonic update. This involves the release of the Carmen database storage system, an enhanced Lachesis consensus process, and a new Fantom Virtual Machine. With these modifications, network scalability and performance should be improved.
The blockchain is anticipated to execute more than 2,000 transactions per second with a finality time of around one second after the update. Comparing this to the existing capability of 30 TPS would be a huge step forward. Fantom (FTM) may become more competitive in the larger blockchain ecosystem as a result of the increased throughput.
In addition, the excitement around these improvements has sparked a newfound interest in the Fantom (FTM) ecosystem. The total Value Locked in Fantom’s decentralized finance apps increased by 55% over the previous month to reach $108.8 million, according to statistics from DeFiLlama. This expansion is reflected in increased network activity, which also points to increased ecosystem adoption.
The Bittensor (TAO) protocol establishes a unique marketplace that makes a tradable commodity out of machine intelligence. Through the creation of an open and accessible network, Bittensor (TAO) fosters innovation from a global community of diverse developers.
Bittensor (TAO) represents a groundbreaking way to integrate AI and blockchain. Bittensor (TAO) is all out to decentralize AI and incentivize participation and contribution, making it a vital project for the future of blockchain and AI. Bittensor (TAO) actively rewards those who provide their AI models. The price of Bittensor (TAO) today is $578.
Bittensor (TAO) price underwent a parabolic recovery after rebounding from the lows close to $200. After a gigantic rise, the token consolidated for a while and broke out of the range, displaying acute strength.
Moreover, the resistance of the channel which is offering a base may initiate a strong rebound, helping the TAO price to form new highs. Besides, the RSI is incremental and regardless of the interim pullback, the price is about to trigger a rebound from the average.
Luckily, the selling volume is fading, and hence, after the bearish pressure fades out, the price is expected to initiate a healthy upswing.
On-chain data shows an influx of new participants in IntelMarkets’ ongoing presale of INTL, suggesting that investors may be leaning toward this new AI cryptocurrency. IntelMarkets is not only fascinating for its profit potential but also because of its use cases, particularly for futures traders.
IntelMarkets offers state-of-the-art capabilities that will put perpetual contract traders ahead of the competition. These solutions are blockchain-based and AI-based, providing traders with a competitive advantage in the volatile cryptocurrency market.
IntelMarkets is an Ethereum and Solana blockchain initiative. The platform offers consumers a seamless trading experience, characterized by quick and affordable transactions and the freedom to trade on the blockchain of their choosing, by combining the strengths of the two blockchains. Additionally, traders can increase their potential gains by using leverage options up to 1,000 times.
The perks attached to interacting with IntelMarkets are countless, down to its ongoing presale, which is now in Stage 3. At this stage, INTL sells for $0.027, all set for a 300% rally to its final presale price of $0.11.
Discover More About Intel Markets:
Presale: https://intelmarketspresale.com/
Buy Presale: https://buy.intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses.
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