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Analysts believe Toncoin and Solana have peaked, pointing to a new underdog in the crypto market that is gaining attention.
Table of Contents
Toncoin future outlook as Telegram mini app loses traction
Secret’s confidential computing layer integrates with Solana
Next generation of crypto trading to begin with Intel Markets
Intel Markets becomes analysts’ best choice
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 over $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 $5 million before the end of this year.
Toncoin future outlook as Telegram mini app loses traction
By utilizing Telegram’s large audience, Toncoin is a platform that bridges the gap between ordinary users and Web3. The recent growth of the TON blockchain has been facilitated by incentives offered through Telegram-based tap-to-earn mini-apps
However, these games are losing attention and may not stimulate constant user participation in the future. So, there is a need for more complex and engaging applications to maintain momentum.
Meanwhile, the Toncoin crypto is still trading below the 50-SMA ($ 5.47) and 200-SMA ($5.47) as bears continue to gain ground in the market. The token enjoyed massive gains in July due to its affiliation with Telegram and a surge in the number of projects on the platform.
However, it appears the momentum surrounding the cryptocurrency has dropped over the past months, according to data from CoinMarketCap. Going ahead, analysts say the Toncoin price could rally to $6.34 in the coming trading sessions or even go as high as $8.20.
You might also like: Intel Markets AI and DeFi integration gets nod over XRP and SOL
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 decentralized confidential computing (DeCC) tooling documentation and support to the Solana ecosystem.
This will open new supercharged possibilities for applications running in the Solana blockchain. By integrating DeCC, Solana (SOL) developers can get random number generation for games, private voting for DAOs, encrypted storage, confidential data connected to NFTs, sealed-bid auctions for NFT and other assets, Order book for DeFi, etc.
In other news, the Solana price has crossed the 200-SMA ($146.04), a sign that bulls are leading the market. According to CoinMarketCap, Solana (SOL) has crossed the $150 mark and is expected to rise to $200 in the coming weeks if the momentum remains.
Next generation of crypto trading to begin with Intel Markets
Intel Markets (INTL) is the new entrant whose entrance has sparked a new trend in the cryptocurrency trading sector due to its use of AI. This project is not just another trading platform where people can buy and sell crypto; it is a trading platform that allows traders to perform their tasks more effectively with the help of advanced tools and AI technology.
The central product of Intel Markets is its Rodeum AI-based trading robots. These intelligent bots offer specific advice on the most profitable trade that a trader will prefer without having to constantly monitor the account. To the users, it means more efficient execution of their trades, leading to higher profits and lower costs.
Intel Markets is also very secure. The New Route X21 provides quantum safety for even the smallest transaction and protects it from threats from future quantum computers. Intel Markets is currently in the first phase of its presale and is priced at $0.027364. Analysts say those who key in now can see their investments grow by 10x before the end of the year.
Intel Markets becomes analysts’ best choice
Unlike Toncoin and Solana, Intel Markets has been witnessing immense growth since the launch of its ICO. Its upcoming AI-powered trading platform and advanced trading tools increase traders’ chances of making more profits even in a bear market. So, those looking for the next best cryptocurrency should consider Intel Markets, as it could be the next dark horse of this year.
To learn more about Intel Markets, visit the presale website, Telegram and Twitter.
Read more: Intel Markets presale leads the way this Uptober while SOL and ETH follow
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