Tone Down 10%; TRX Rally Continues; Intel Markets ICO Kicks Off, Preparing to Reshape Crypto Trading
The crypto market took another sudden turn as Bitcoin (BTC) fell below $60,000. Despite Pavel Durov's release from prison, Toncoin (TON) is down more than 10 percent and lower. Meanwhile, TRON (TRX) is holding traction, largely oblivious to bearish sentiment.
At the same time, a new player stole the spotlight with the intention of reshaping the crypto business: Intel Markets (INTL). Taking a unique approach, it stands at the crossroads between AI and DeFi and is poised to transform the $36 billion global crypto trading market.
Intel Markets (INTL): A new DeFi protocol is poised to revolutionize crypto trading.
Intel Markets (INTL), a new entrant in the ICO world, is a recent sensation. Pre-sales have only recently started but have already raised nearly $200,000 in pre-funding, showing confidence in its value and potential. But what's the fuss about?
It should not be forgotten that the global cryptocurrency market is expected to reach $264 billion by 2030, which Intel aims to break into and reshape markets. Novel combines the world's most disruptive innovations to build a smart trading platform powered by AI. This makes it a leader in crypto trading, providing access to perpetual futures contracts with advanced leverage options.
The ongoing pre-sale offers an opportunity to be an early adopter of this innovative project. Investors deposited at $0.009 at the initial stage of the ICO, which is expected to witness a 50x rally after being listed on Tier-1 exchanges.
Toncoin (Ton): Lose more than 10% on the weekly chart
TonCoin (TON), the Telegram-based cryptocurrency, navigates choppy waters. Last week, Telegram founder Pavel Durov was arrested in France, fueling FUDs and putting pressure on sales. This led to a sharp drop in prices, which reached $5.1 again, a level seen at the end of May.
While Durov's release from prison – although he has now been formally charged and is not allowed to leave France – has prompted some upheaval, it still trades at low levels. On the weekly chart, the price of Toncoin has decreased by more than 10%. Trading above $5.0, it is less than 30% from its all-time high of $8.24.
However, despite the bearish outlook, it is on the way back. Plus, at current prices, it's in an attractive buying zone. A popular Toncoin price forecast hints at a jump above $6.0 in the coming days, putting it on investors' radars.
TRON (TRX): Views set on flipping $0.2 into support.
TRON (TRX), the tier-1 token, is one of the few altcoins keeping crypto's hopes alive. It rose more than expected, hitting a yearly high of $0.16 while the rest of the market fell. This significant increase can be linked to the rise of TRON memes on the heels of Solana and Ethereum memecoins.
While not entirely green, the movement was aggressive, with sights set on the next key level. Next in sight is a reversal of $0.2 resistance into support, which experts believe could play out before Q3 ends. At the current price of TRON, it is one of the best altcoins to invest in.
Similarly, the outlook for the rest of the year is promising. TRON crypto forecast sparks buzz and suggests a rally past $1 before the curtain closes on the year. This would be an increase of $0.3 from the all-time high recorded in 2018.
Conclusion
When Toncoin drops more than 10%, TRON expects to pull up. Meanwhile, Intel Markets, the latest pre-sale sensation, is poised to transform the crypto trading scene by integrating AI with trading. As it sails towards adoption, it is undoubtedly a new DeFi project that will continue to be on the radar.
Find out more about Intel Markets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter:
