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Kriptoteka > Market > Institutions > New Crypto Star IntelMarkets Emerges Post-Market Correction
Institutions

New Crypto Star IntelMarkets Emerges Post-Market Correction

marcel.mihalic@gmail.com
Last updated: October 24, 2024 11:10 pm
By marcel.mihalic@gmail.com 5 Min Read
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Contents
Chainlink unveils CCIP private transactions for banksBook of Meme experiences decline on weekly chartsBook of Meme and Chainlink investors transition to IntelMarkets

Disclosure: This article is not intended as investment advice. The content and materials presented on this page are solely for educational use.

IntelMarkets, a cutting-edge AI-powered DeFi platform, is attracting investor attention after market corrections, with analysts forecasting an 11x surge.

After the recent market correction, a new player utilizing AI, IntelMarkets (INTL), is capturing the interest of leading investors. As the focus shifts from established projects like Book of Meme (BOME) and Chainlink (LINK) to AI-driven cryptocurrencies, IntelMarkets appears poised for significant growth.

This innovative DeFi initiative aspires to become the premier trading platform for both seasoned traders and newcomers in the cryptocurrency arena. Analysts predict that IntelMarkets’ valuation could skyrocket by 11x in the forthcoming months.

Chainlink unveils CCIP private transactions for banks

Recently, Chainlink has launched its latest feature, CCIP Private Transactions, designed to assist financial institutions in incorporating private blockchains within the multi-chain economy.

The Australia and New Zealand Banking Group (ANZ) will be among the first to pilot this innovation, focusing on cross-chain settlements of tokenized real-world assets (RWAs). 

In other updates, CryptoTitans predict that Chainlink’s coin price might surge to $28 shortly. Analysts believe that Chainlink is on the brink of breaking out of a falling wedge pattern.

Currently, the cryptocurrency trades within the $10 to $13 range on a monthly basis, as indicated by CoinMarketCap. The 14-day RSI is in positive territory, suggesting that Chainlink’s price may rise in the upcoming weeks.

Book of Meme experiences decline on weekly charts

The Solana-based meme coin, Book of Meme (BOME), recently ascended the price rankings, peaking at $0.011. However, a reversal has occurred over the past week, leading to a drop back to previous lows. 

According to the weekly price chart on CoinMarketCap, the Book of Meme coin has fallen by 5%. Nonetheless, the cryptocurrency remains bullish on higher timeframes, including biweekly and monthly charts.

For upward movement to persist, the Book of Meme cryptocurrency needs to surpass the 200-SMA at $0.009101. Furthermore, bullish activity is evident from the coin’s technical indicators. 

CryptoKnight, a well-known crypto analyst, shared a chart on X showing that the Book of Meme price is primed for expansion, potentially driving its value to $0.0600.

IntelMarkets (INTL) is a newcomer that is rapidly rising to prominence among trading platforms. It provides traders with access to trade using cutting-edge AI tools and professional-grade trading resources.

As an online trading platform, IntelMarkets offers retail traders AI-enhanced insights and data analyses previously reserved for institutional investors. Its multi-channel analytical tool processes over 100,000 data points to deliver real-time information that aids traders in navigating the competitive crypto market.

Another noteworthy feature of IntelMarkets is its Intell-Array™ monitoring system, which simplifies trading by providing clear buy or sell signals. This level of precision helps traders make informed decisions confidently.

Additionally, IntelMarkets operates on a dual-chain model, utilizing both Ethereum and Solana to guarantee rapid transactions, minimal fees, and robust security. Currently, IntelMarkets is valued at $0.036545 and has raised over $1.6 million in presale funding. Experts anticipate that the token could rise 11x before the end of the year.

Book of Meme and Chainlink investors transition to IntelMarkets

As Book of Meme and Chainlink investors look elsewhere, IntelMarkets is emerging as a top contender for crypto investment, presenting significant return opportunities. Those on the lookout for the next big opportunity should closely watch this cryptocurrency ICO as it continues to gain momentum in the crypto exchange landscape. 

For more information about IntelMarkets, visit the presale website or engage with the community on Telegram and X.

Disclosure: This content is produced by a third party. crypto.news does not endorse any products referenced on this page. Users should conduct their own research before making any decisions related to the company.

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