IntelMarkets Drives Shift; ASI Launches on Cardano, Solana Rebounds

In the latest crypto news, the Artificial Superintelligence Alliance (ASI) token has been deployed on the Cardano network. Also, the 3AC co-founder says the Solana coin is gearing up for a rebound.

Meanwhile, Solana and Cardano Investors are trooping to IntelMarkets. Analysts expect its price to skyrocket 1,100% in the coming months.

ASI Launches Token On Cardano (ADA) Network

According to recent news, the Artificial Superintelligence Alliance (ASI) has launched its native token, ASI, on the Cardano blockchain. The Alliance explained that they chose Cardano because of its security, speed, and low transaction fees.

They believe in Cardano’s architecture to help the advancement of ASI. The deployment is part of the team’s mission to promote a decentralized and ethical AI system. The recent deployment shows the Cardano blockchain is advancing.

Meanwhile, the Cardano coin is under bearish pressure. The price of its native token has dropped in the past few weeks.

Analyst forecasts the price of the Cardano token could cross the 50-day SMA at $0.36215. In the meantime, the market cap of the cryptocurrency is consolidating between $11 billion and $14.5 billion on the monthly timeframe.

Solana (SOL) Price Set for Rebound, Says 3AC Co-Founder

Three Arrows Capital (3AC) co-founder Su Zhu has chimed in on Solana’s current price movement. The cryptocurrency enthusiast said Solana coin is set for a rebound in the coming weeks. According to him, the price of the Solana token is approaching the Breakpoint event.

Historically, such levels have been known to cause price increases. While the community is waiting for the outcome, bears are in charge of the Solana market. The cryptocurrency’s price is down on the weekly and monthly charts as it trades below the 200-day SMA ($146.80).

Its market cap ranges between $55 billion and $75 billion. Coincodex says that the Solana price could reach $148.57 soon.

IntelMarkets Set To Be the Best Trading Platform for Crypto Traders

Thus, IntelMarkets (INTL) is a new cryptocurrency perpetual futures trading platform whose mission is to revolutionize the current cryptocurrency market. Also, it has an AI trading tool that enables its users to monitor and manage their portfolios. Having raised more than $240k in a few days, the presale of the IntelMarkets token has gained investors’ attention.

IntelMarkets provides fast trade and transactions, low charges, high-speed transactions, safety, and a way to access large liquidity sources. Apart from these features which are just fundamental features for a platform such as IntelMarkets, it is a dual-chain platform where traders have the option of trading on either the Ethereum or Solana chains.

Nevertheless, IntelMarkets boasts of having modern trading tools such as 1000:1 leverage, real-time market data, and charting tools. These features, combined with its high presale sales, have not attracted retail and whale investors.

Is IntelMarkets a Better Investment Choice Than Cardano and Solana?

IntelMarkets is in the first stage of its presale. The price of its native token, INTL, is $0.009. Analysts believe its low market cap and connection to the cryptocurrency trading market make it a better investment choice than Solana and Cardano.

They forecast its price will increase by 1,100% in the coming months. The potential gain makes it a better crypto to buy.

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