Why Big Investors are Ditching Ripple & Tron as IntelMarkets Soars $540K

Why Big Investors are Ditching Ripple & Tron as IntelMarkets Soars $540K

Reinout te Brake | 28 Sep 2024 00:55 UTC
With anticipation building in the cryptocurrency sphere, there's an electric buzz around the potential of another bullish cycle as we edge closer to the end of 2024. Leading exchanges are witnessing a surge in volumes, reminiscent of the activity seen post-bitcoin halving, traditionally sparking exponential rallies as the year wraps up. In this evolving landscape, established players like Ripple and Tron, which dominated previous cycles, now find themselves contending with emerging projects armed with superior technology. Among these, platforms incorporating AI technology in trading, such as IntelMarkets, are drawing significant attention and are on the cusp of potentially reshaping market dynamics.

Reworking The Dynamics: Ripple (XRP) and Its Struggle Against Rising Altcoins

In an unprecedented rally back in January 2018, Ripple (XRP) climbed from a mere 1 cent to a peak of $3.80, marking a significant milestone for the cryptocurrency. Initially touted as a game-changer for the finance sector, Ripple's journey since then has been underwhelming, with its value hovering around the $0.582 mark, starkly failing to recapture its former glory. The year brought more challenges than triumphs for Ripple traders, with the currency failing to breach the $1 threshold, leading to a notable outflow of investments from Ripple. The focus of the Ripple Foundation has notably shifted towards the development of the RLUSD on the Ripple Ledger, leaving XRP to languish in a prolonged sideways movement, currently experiencing a 1.03% dip on the daily charts.

The Diminishing Glow of Tron Post-Memecoin Explosion

Tron (TRX) became a hot topic in August following its venture into a robust memecoin ecosystem to capitalize on prevailing trends, a move that paid off handsomely for early investors in projects like SUNDOG, enjoying the backing of Founder Justin Sun. This initiative catapulted Tron's price to $0.17, before a retraction to $0.15 amid the cooling of the memecoin mania. Despite reaching a Total Locked Value (TVL) of 8 Billion in September, there's a growing consensus about the fading allure of memecoins, illustrated by Tron's 7.36% decrease on the monthly charts. This shift has investors turning their sights towards newer, more innovative opportunities, like the AI-powered platform, IntelMarkets.

IntelMarkets: A Beacon of Hope Against the Quantum-Encryption Dilemma

The blockchain industry stands at a precipice, confronting a $2 Trillion risk associated with the advancements in Quantum Computing, posing a substantial threat to the current encryption standards safeguarding the crypto sector. IntelMarkets is steering the efforts to navigate these troubled waters with the development of the Route X21 Protocol. Backed by a $1 million grant and garnering support from investors in the Middle East, IntelMarkets is at the forefront of combating the potential quantum encryption crisis. With its AI trading platform that boasts features like trading robots and comprehensive technical analysis tools, IntelMarkets is not just attracting attention; it's poised to revolutionize how security challenges are addressed in the crypto landscape.

If IntelMarkets succeeds in overcoming the quantum security hurdle, the platform is set to skyrocket to the forefront of the cryptocurrency world. The project, still in its presale phase, offers investors a ground-floor opportunity with INTL tokens priced at $0.018. These tokens are pivotal both for the sustenance of the blockchain and for empowering the governance structure of the IntelMarkets ecosystem. As the tokens continue to sell rapidly, IntelMarkets represents a potentially transformative platform for those seeking to invest in the next big thing in cryptocurrency.

Uncovering IntelMarkets:

Engage with the pioneering phase of IntelMarkets and explore the possibility of becoming part of a groundbreaking venture. For more information, visit the Presale, sign up, connect on telegram, or follow the journey on Twitter. This initiative stands at the confluence of innovation and investment, offering a unique opportunity to foresightedly invest in technology equipped to redefine the norms of the crypto economy.

Disclaimer: This sponsored content is designed to provide information only and should not be construed as investment advice. We recommend conducting thorough research prior to engaging with any products or offerings mentioned herein.

Tags

Play to earn,Crypto games,Nft games,Blockchain games,P2e,Gaming news,Game news,Games news,Gaming market,Investors,Latest gaming news,Earn,Crypto currency,Blockchain news,Web3 news,Crypto News,Tech News,Gaming Updates,Gaming innovations,Play To Earn Trends,Crypto Trends,Game industry news,Blockchain Gaming News,Ripple,Tron,Big,Soars,Digital Currency News,Esports News,Game Development News,VR News,AR News,Metaverse News,GameFi News,Blockchain Technology News,DeFi News,Digital Assets News,Tokenomics News,GameFi News Today,DeFi News for Gamers,Crypto Games News: The Latest in Cryptocurrency and Gaming,P2E Gaming Updates: Earn While You Play,Gaming Market Trends: Insights and Analysis,Digital Currency News: What's Happening in the Crypto World,Blockchain Technology Updates: News and Developments,Game Industry Updates,Crypto Games News,P2E Gaming Updates,NFT Games Insights,Gaming Market Trends,Crypto Currency Updates,Earn with Games,Web3 Gaming Trends,Metaverse News Flash,VR and AR News,Esports Headlines,Digital Assets in Gaming,Tokenomics in Gaming,Tech News for Gamers,Blockchain Technology Updates,Crypto Trends in Gaming,Latest Gaming News: Stay Updated on the Biggest Stories in Gaming,Game Industry Updates: Breaking News and Developments,Blockchain Gaming News: Innovations and Trends,Play to Earn Trends: Opportunities in P2E Games,NFT Games Insights: Discover the Future of Gaming,Crypto Currency Updates: The Latest Trends and News,Earn with Games: How to Make Money Playing,GameFi News Today: Stay Ahead with the Latest Game Finance News,Web3 Gaming Trends: The Next Generation of Gaming,Metaverse News Flash: Developments in the Virtual World,VR and AR News: What's New in Virtual and Augmented Reality,DeFi News for Gamers: Decentralized Finance in Gaming,Esports Headlines: The Latest in Competitive Gaming,Game Development News: Updates and Innovations,Digital Assets in Gaming: Trends and Insights,Tokenomics in Gaming: Understanding Digital Economics,Tech News for Gamers: Innovations and Updates,Gaming Innovations: The Latest Breakthroughs,Crypto Trends in Gaming: What's Shaping the Future,Ditching,IntelMarkets,540K

Want to stay updated about Play-To-Earn Games?

Join our weekly newsletter now.

See All

Play To Earn Games: Best Blockchain Game List For NFTs and Crypto

Play-to-Earn Game List
No obligationsFree to use