The crypto space was buzzing with the hype of rate cuts announcement, however, the frenzy surrounding the news sat like froth! The rate cuts did not cause an avalanche of altcoin surge in the market.
While established players like Render (RENDER) and Cardano (ADA) overcome strong resistance in the market, IntelMarkets (INTL) sets a precedent of growth and expansion. This AI platform causes a massive stir in the market with a set of unique features and a huge presale raise.
Render (RENDER) Sees A Huge Whale Influx
Santiment data indicates that there have been a lot of notable movements on the Render (RENDER) network in July 2024. The migration of whale coins has increased ever since, and this trend has continued. This activity increased the quantity of cold wallets over time. In mid-2023, there was a notable surge in Render (RENDER), with a rather stable variation.
A buy-and-hold stage is indicated by the Render (RENDER) coins moving to cold wallets, where they have stayed stagnant ever since. The flat trends that follow the movement demonstrate that whales keep their coins for extended periods.
Recently, Render (RENDER) exhibited a surge of over 9%, reaching a value of $5.15. Though the rate cut seemed to be futile for a majority of altcoins, Render (RENDER) has overcome a crucial resistance level in the meantime. It continues to soar with a notable surge in the trading volume.
Cardano (ADA) Surges: Whales Buy 19.5 Billion ADA In 24hrs
The price of Cardano (ADA) is presently trading at $0.3482, up by 4.98% over the past day. Cardano (ADA) whales had a part in the bounce, even if it could also be linked to the overall market recovery that followed the Fed’s 50 basis point (bps) decrease on September 18.
According to this indicator, big investors—those with a net worth of $100,000 or more, in particular—seem to be adjusting their Cardano (ADA) holdings. An increase in whale transactions indicates a favorable attitude among investors toward the coin, which may lead to a spike in the price of Cardano.
The 24-hour trading volume has also shown a massive increase of over 35% coupled with the market cap, which has surged by 5%. Cardano (ADA) has successfully overcome a key resistance and is now up for a bullish rally, as claimed by the market analysts.
IntelMarkets (INTL): Fastest Growing Presale!
In the world of cryptocurrency, IntelMarkets (INTL) is swiftly rising to the top of the presales. It may reach $1 million before the end of this month, having already raised more than $371,000. Furthermore, Intel Markets has sold more than 46 million INTL tokens to date, demonstrating consumer interest in the platform’s offerings.
Intel Markets is going to introduce a smart trading platform driven by AI. This combination might elevate this platform to a unique level. For instance, Intel Market’s Intelli-M™ robots are self-learning, in contrast to simple trading robots on other platforms. As they gain knowledge, they will thus perform better.
With support for both the Ethereum and Solana blockchains, Intel Markets will have the dual-chain capability, which might make it a fan favorite. Currently, those who wish to support it are purchasing INTL native tokens. For $0.018, INTL is now in Stage 2 of its presale. The round is rapidly selling out, and the price is expected to surge by 200% in the next round.
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
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