Excitement is back in the crypto scene amid a flurry of events and price upticks. At the same time, crypto adoption is on the rise, highlighted by the recent ruling of the Dubai court, which recognized digital currencies as valid salary payments. Meanwhile, Avalanche (AVAX) unlocked 9.54 million AVAX tokens, worth nearly $200 million, on August 20. Cardano (ADA) also regains momentum, targeting $0.5.
At the same time, IntelMarkets (INTL), a new player that seeks to reshape TradFi by harnessing the potential of AI and other trading features, has captured traders’ hearts. The ongoing presale presents an opportunity to become an early adopter of what might be the next crypto unicorn, explaining the soaring interest.
IntelMarkets (INTL): A New Trader Favorite
IntelMarkets (INTL), a novel player at the crossroads between DeFi and AI, is the latest on traders’ radars. It aims to transform the global crypto trading market valued at $36.5 billion in 2022 via an AI-powered smart trading platform.
It will challenge the dominance of established players in the crypto trading niche and meet the demand of next-gen traders with a combination of AI and advanced trading features. This includes trading bots, up to 1,000x leveraged trading on select assets and exclusive trading opportunities curated by expert analysts.
As an emerging altcoin with unrivaled potential—surpassing the likes of Avalanche and Cardano—it has become a new investor favorite. The presale is currently in stage 1 and priced at just $0.009 per token. This low entry point, coupled with its imminent adoption, makes it primed for a 50x uptick post-launch. With plenty of room for growth, it is a new DeFi project to watch out for.
Avalanche (AVAX): New 9.54 Million Tokens Unlocked
Avalanche (AVAX), a Layer-1 blockchain and smart contract platform, is one of the most popular names in the crypto landscape. The DeFi ecosystem houses several projects and protocols, with its high transaction output and interoperability as some of its key appeals.
In recent news, Avalanche unlocked 9.54 million AVAX tokens, worth nearly $200 million. This is about 2.41% of the previous circulating supply, which, unsurprisingly, added to the selling pressure. Many investors have been taking a cautious approach and others are outrightly holding short positions, anticipating further decline.
On the bright side, the Avalanche coin is in an attractive buy zone as it teeters around the $20 support. A popular Avalanche price prediction suggests a bounceback in the coming days, making it a good crypto to buy at the current price.
Cardano (ADA): Eyes on $0.5
Cardano (ADA), another L1 token and a smart contract platform, regains momentum. It finally shrugged off bearish pressure and resumed its uptrend, sparking excitement among holders and the wider crypto community.
The overall market bounce and rising demand for its DeFi solutions can be linked to the uptick in Cardano price. It trades around $0.3—an accumulation zone for retailers and institutional investors. According to a trending Cardano price prediction, it will hit $0.5 before the end of quarter three.
This makes its current price a low entry point, dubbed a steal by seasoned traders. Moreover, with the Cardano ecosystem growing at a rapid pace, not to mention the buzz around an ETF, it is a horse worth backing this year.
Conclusion
Avalanche’s 9.54 million tokens unlock adds to the circulating supply, increasing selling pressure. Meanwhile, Cardano regains momentum and sets sail toward $0.5, while IntelMarkets, an emerging altcoin, wins traders’ hearts. This presale token has plenty of room for growth, making it an instant favorite.
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