Sentiment cooled down amid geopolitical tension in the Middle East. Unsurprisingly, the crypto market nosedived; Bitcoin (BTC) retested $60,000 and altcoins tumbled. However, defying broader bearish trends is IntelMarkets (INTL), the viral AI-DeFi token backed by Nvidia.
INTL’s integration of artificial intelligence into trading will see it transform the landscape. As a result, it has been hailed as the next big thing after Ethereum (ETH) and Solana (SOL), with retailers and whales actively participating in the presale.
IntelMarkets (INTL): The Next Big Thing
IntelMarkets (INTL), hailed as this quarter’s best presale after crossing $900,000 in record time, is a new DeFi project to keep on the radar. Its blend of AI, blockchain and DeFi puts it in the same conversation with Ethereum (ETH) and Solana (SOL). As it prepares to reshape the crypto trading scene via AI, it is a promising wave not to miss out on.
Unlike conventional trading platforms, it will feature a proprietary AI-based blockchain, powering the cutting-edge ecosystem. Artificial intelligence will be integrated across all levels, making it the first true modern-generation trading platform. Equally important, its trading robots will be unlike any ever seen. They can self-learn from their mistakes and real-time data, improving their performance over time with increased trade frequency.
The above is a sneak peek into how the Nvidia-backed exchange protocol intends to transform the $264 billion crypto trading market. Tipped as the future of crypto trading, the ongoing presale offers the best entry into what might be the next big thing.
A token is priced at $0.027 in the third stage, heavily discounted. Meanwhile, an 85x rally is projected after its launch, positioning it as the best crypto investment this quarter.
Ethereum (ETH): Significant Decline from its March High
Ethereum (ETH) is the second-largest cryptocurrency by market capitalization. As the leading altcoin, it is an industry leader. At the same time, by introducing smart contracts into the blockchain, ETH completely transformed the crypto landscape.
There have been several Layer-1 blockchains since Ethereum (ETH). Ethereum L2s are the latest trends, assisting with scalability challenges, especially high gas fees on the ETH blockchain.
On the market side, the Ethereum price is in the red. It tumbled 9% in the past 7 days, trading above the $2,350 support—a far cry from its March high of $4,000. However, experts believe a comeback is on the cards, making it one of the best cryptos to invest in at the current price.
Solana (SOL): 6% Downturn in the Past 7 Days
Solana (SOL), the largest Layer-1 blockchain and DeFi platform after Ethereum, improved on the latter’s offering. It improves scalability by combining the proof-of-history (PoS) consensus mechanism with the underlying proof-of-stake (PoS) mechanism.
Some of its competitive advantages include fast transaction speeds and low transaction costs. Today, the Solana blockchain is widely embraced and its ecosystem is rapidly growing. This contributes to its growth, registering an all-time high of $260 in 2021.
However, as the crypto market took a downturn, so did the Solana price. A 6% decline on the weekly charts pushed the price below the $150 support, hovering above $140. This decline can be linked to geopolitical unrest in the Middle East. Nevertheless, a comeback is imminent and at the current price, it is a good crypto to buy.
Conclusion
While the crypto market cools amid geopolitical tension in the Middle East, Nvidia-backed IntelMarkets (INTL) charts a bullish course. Over $910,000 has been raised in presale, highlighting rising interest and confidence. As it prepares to transform the crypto trading scene with AI, it has been hailed as the next big thing after Ethereum (ETH) and Solana (SOL).
