Cardano Price Prediction: ADA Faces Mass Selling Despite $1 Billion Transactions On Hydra While INTL Pumps 240%
As a well-established token like ADA has started falling rapidly, investors have grown worried. Despite Cardano price reaching record highs last month and its layer-2 scaling solution, Hydra, processing...
As a well-established token like ADA has started falling rapidly, investors have grown worried. Despite Cardano price reaching record highs last month and its layer-2 scaling solution, Hydra, processing billions in transactions, the ADA is losing its value. Meanwhile, a new AI-based platform, IntelMarkets, has stolen its spotlight.
With impressive token sales in the presale stage and analysts assuring INTL’s exponential growth in the future, keep reading to know why IntelMarkets could be an ideal investment to start 2025 the right way.
Cardano price slumps 7.81% amidst social media hack
The past few days have been a rollercoaster ride for Cardano price. While ADA enjoyed an impressive 216% surge in November and over $1 billion in transactions on Hydra, Cardano price is now going downhill. At the time of writing, ADA is trading for $1.02, and has dipped 7.60% in a day.
In the weekly timeframe, Cardano price has dropped over 19.97%. The market cap for ADA has also taken a hit, as it slumped by 7.81%. However, the market is largely supporting ADA, as apparent from the increased trading volume of over 103.35% in a day.
Analysts have speculated a few reasons for the sudden fall in Cardano price. They believe that profit-taking actions might be the primary reason for the decline of ADA. As Cardano price reached record highs recently, it’s only natural that traders will be securing their profits by selling the ADA token. On the negative side, some recent incidents may have also impacted market sentiments, hurting ADA’s reputation.
Recently, Cardano faced a cyberattack, where some hackers compromised ADA’s official social media accounts. They spread false news about an SEC lawsuit and promoted a fraudulent token. This generated confusion within the community and when the hacking news was revealed, Cardano price took a hit.
As for the future, analysts predict that Cardano may reach $1.05 by 2025. Meanwhile, experts also believe that the new platform, IntelMarkets, has much better growth potential than ADA.
IntelMarkets surpasses Cardano growth with impressive presale rally
IntelMarkets (INTL) is one of the most promising projects in the rapidly growing AI sector. It is the first enterprise-grade AI platform that combines the power of artificial intelligence and blockchain to make trading accessible for everyone. The project is seeing a large-scale adoption, as INTL has raised over $3.6M in presale, by selling over 27 million tokens.
IntelMarkets has programmed unique bots to make trading easy for even a beginner. These bots have been specially trained to generate seasoned trading strategies and tips within seconds. Now, no novice will need to shy away from trading due to the lack of finance background.
IntelMarkets has also solved the age-old interface problem. It’s a common trading struggle where one has to go through multiple trading interfaces containing conflicting buy/sell signals everywhere. INTL has developed an Intell-ArrayTM monitoring system to tackle this issue. The system will review all signals on the trading interfaces, and will give a single decision based on 100,000 data points.
INTL’s amazing leverage capabilities make it possible to turn your $100 into $100,000. INTL allows a leverage of up to 1000x. The IntelMarkets team is made up of the most distinguished personalities, having experts from MIT, Renaissance Technologies, and OpenAI.
Currently, IntelMarkets is in the 7th stage of its presale and is selling for the price of $0.064. With experts projecting exponential growth due to the platform’s strategic AI developments, it might be the wisest financial decision to invest in INTL while it’s still undervalued during presale.
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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