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Analysts believe that Toncoin and Solana have peaked, pointing to a new underdog in the cryptocurrency market that is gaining attention.
In the crypto space, once-dominant players like Toncoin (TON) and Solana (SOL) may have had their moment in the spotlight, but analysts are now shifting focus to a new contender: Intel Markets (INTL). This new underdog has been gaining popularity for its integration of AI into its trading platform.
So far, Intel Markets has raised more than $1.15 million from investors who want to be part of its ecosystem. The goal of this new DeFi project is to raise this figure to $5 million before the end of this year.
Toncoin Future Prospects as Telegram Mini App Loses Traction
By utilizing Telegram’s large audience, Toncoin is a platform that bridges the gap between ordinary users and Web3. The recent growth of the TON blockchain has been facilitated by incentives offered through Telegram-based tap-to-earn mini-apps.
However, these games are losing attention and may not stimulate consistent user engagement in the future. Therefore, more complex and engaging applications are needed to maintain momentum.
Meanwhile, the Toncoin cryptocurrency is still trading below the 50-SMA ($5.47) and 200-SMA ($5.47) as the bears continue to gain ground in the market. The token enjoyed massive gains in July due to its affiliation with Telegram and the increase in the number of projects on the platform.
However, it appears that the momentum surrounding the cryptocurrency has waned in recent months, according to data from CoinMarketCap. Going forward, analysts say that Toncoin price could rise to $6.34 in the coming trading sessions or even reach as high as $8.20.
Secret’s confidential computing layer integrates with Solana
According to a recent tweet, Secret Network revealed that it has integrated its confidential computing layer with the Solana network. With this integration, Secret Network will bring documentation and support of decentralized confidential computing (DeCC) tools to the Solana ecosystem.
This will open up new possibilities for applications running on the Solana blockchain. By integrating DeCC, Solana (SOL) developers can get random number generation for games, private voting for DAO, encrypted storage, sensitive data connected to NFTs, sealed bid auctions for NFTs and other assets, order book for DeFi, etc
In other news, Solana price has crossed the 200-SMA ($146.04)a sign that the bulls are leading the market. According CoinMarketCapSolana (SOL) has crossed the $150 mark and is expected to rise to $200 in the coming weeks if the momentum is maintained.
The next generation of cryptocurrency trading will begin with Intel Markets
Intel Markets (INTL) is the new entrant whose entry has sparked a new trend in the cryptocurrency trading sector due to the use of AI. This project is not just another trading platform where people can buy and sell cryptocurrencies; is a trading platform that allows traders to perform their tasks more effectively with the help of advanced tools and artificial intelligence technology.
Intel Markets’ core product is its AI-based Rodeum trading robots. These smart robots offer specific advice on the most profitable trade that a trader will prefer without having to constantly monitor the account. For users, it means more efficient execution of their operations, resulting in higher profits and lower costs.
Intel Markets is also very secure. The New Route X21 provides quantum security for even the smallest transactions and protects it from threats from future quantum computers. Intel Markets is currently in the first phase of its pre-sale and is priced at $0.027364. Analysts say those who get in now will be able to see their investments grow 10-fold before the end of the year.
Intel Markets becomes the best option for analysts
Unlike Toncoin and Solana, Intel Markets has seen immense growth since the launch of its ICO. Its upcoming AI-powered trading platform and advanced trading tools increase the chances of traders making more profits even in a bear market. Therefore, those looking for the next best cryptocurrency should consider Intel Markets as it could be the next dark horse this year.
To learn more about Intel Markets, visit the pre-sale website, Telegram and Twitter.
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