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Blockchain Reporter

09/05/2024

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Will IntelMarkets Outshine Cardano (ADA) and Chainlink With Dual-Chain Features 

While Cardano (ADA) and Chainlink (LINK) continue to steer through challenges, a new contender emerges: IntelMarkets (INTL). With its innovative dual-chain technology and AI-powered trading tools, INTL is...

Will IntelMarkets Outshine Cardano (ADA) and Chainlink With Dual-Chain Features 

While Cardano (ADA) and Chainlink (LINK) continue to steer through challenges, a new contender emerges: IntelMarkets (INTL). With its innovative dual-chain technology and AI-powered trading tools, INTL is poised to disrupt the industry and potentially outshine its more established rivals.

As ADA faces uncertainty following the Chang hard fork and LINK struggles to break through resistance levels, INTL presents a compelling alternative. Its unique features and promising growth potential offer investors a fresh perspective on the future of cryptocurrency trading.

Cardano’s (ADA) Technical Superiority: A Hoskinson Claim

Charles Hoskinson, the Cardano (ADA) founder, recalled his last 10 years as a public figure involved in the creation of the Cardano network in a recent tweet. This reflection comes following the recently finished Chang hard fork.

Hoskinson claimed in his reflection that Cardano was technically superior to Bitcoin. He emphasized that there has never been any downtime for Cardano and that it is accessible in more than 100 countries.

In other developments, the daily and weekly charts for Cardano ADA continue to show bearishness showing 3% and 10% price dip, respectively. However, there has been some positive surge in the past week, as evidenced by Cardano’s (ADA) weekly chart, which shows a 7% price surge.

In the larger picture, bulls have failed to surpass the 50-day SMA ($0.375442). Meanwhile, the market capitalization of Cardano cryptocurrency ranges between $10 billion and $15 billion. It continues to be one of the top 15 cryptocurrencies available. 

The debut of Chang hard fork failed to generate any significant trend reversal for Cardano (ADA), the community is still waiting for positive price movements post-Chang hard fork update.

The $12.35 Wall: Can LINK Break Through?

Despite a brief rally in mid-August, Chainlink (LINK), a network of decentralized oracles, looks to be struggling to break through the $12.35 resistance level. With LINK’s Network Value to Transactions ratio indicating possible overvaluation—a clue that its present price might not be sustainable compared to network activities—the fading optimism is mirrored in dropping mood indicators.

According to projections, Chainlink (LINK) may retreat to $10.79 and, under unfavorable market circumstances, may even drop to $10.00. Nonetheless, holding steady around $10.79 will open the way for a reversal, enabling LINK to test and perhaps even cross the $12.35 barrier and providing a counterbalance to the general bearish outlook.

IntelMarkets (INTL): The Future of Dual-Chain Trading

IntelMarkets (INTL) is a dual-chain trading platform that seeks to offer cutting-edge trading tools to both seasoned and newbie traders. The term “dual-chain” suggests that Intel Markets is operating on both the Ethereum and Solana blockchains. This never-seen-before dual-chain structure provides several benefits to traders.

It enables investors to benefit from the platform’s AI-powered trading features at lightning-fast speeds, with cheap costs and enormous throughput. In addition, they get access to the AI trading bot, which is the platform’s primary tool. It may be used by investors to analyze the price movement of digital currencies and identify potential targets.

Another distinctive feature of IntelMarkets (INTL) is its link to the perpetual futures market. Traders may trade perpetual futures contracts on the platform, with significant liquidity, and are open 24 hours a day, seven days a week.

Currently, in its initial phase of presale, IntelMarkets (INTL) has garnered a lot of interest and raised over $222k in just a single week. The native token, INTL, is presently worth $0.009, but analysts predict that it will soon increase to 150% in value.

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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