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Shares of Intel Markets, a leading AI-powered trading platform, surged to $370,000 after the FOMC meeting, as Cardano and AAVE traders got involved in the project.
The cryptocurrency market is buzzing with excitement following the recent FOMC meeting. As the dust settles and investors assess the implications of the interest rate cut, a few projects are emerging as front-runners.
Leading DeFi protocol AAVE has shown impressive growth, while Cardano (ADA)’s bullish prospects are gaining momentum.
Amidst these changing trends, Intel Markets (INTL), an AI-powered trading platform, has emerged as a prominent option for traders looking to capitalize on these opportunities. Let’s see why.
AAVE Outperforms Its DeFi Peers: What’s Next?
AAVE has had the biggest success among major decentralized finance (DeFi) protocols, with the price rising by 18.94% over the past month.
Lido, Aave, Maker, and Uniswap are the leading traditional coins in DeFi. Based on total value locked (TVL), these protocols are ranked in the top 10. With a 131.2% year-over-year increase, Aave led the price rise, according to CoinGecko data.
Additionally, among all the leading DeFi coins, AAVE’s price growth over the past 30 days has been the largest. The coin has created an ascending triangle, a bullish chart pattern, on the daily chart. Currently, AAVE is trading at $142.47. If the price stays within the triangle, the cryptocurrency may hold out for a decline, although the red candlestick indicates that bears are trying to pressure the price.
If this trend continues after the Fed’s announcement of a rate cut, the token could rally and AAVE price could rise to $159.87.
ADA Bullish Betting: Risky Gamble or Smart Investment?
ADA, the native token of Ethereum’s competitor Cardano, is expected to make a comeback on the crypto scene and take its rightful place among the top 10 coins by market cap. According to cryptocurrency researcher Dan Gambardello, a bullish scenario is developing and the altcoin will soon reach $0.55.
The analyst predicted in a post on X that markets will be “turbulent” after the Federal Reserve announced a rate cut on Wednesday, which could lead to a short-term spike in volatility for digital assets like ADA.
He also warned investors against buying ADA and other cryptocurrencies during this period of expected volatility, though he noted that it is smart to anticipate and project a decline in cryptocurrency values. The analyst went on to say that if ADA were to decline and establish a downtrend, the event would be viewed as a “fake breakout,” with a sharp price spike approaching $0.55.
AI-Powered Trading from Intel Markets
Intel Markets is on the radar of smart investors and AAVE and ADA whales for several reasons. Since its launch in late August, the ICO has raised nearly $370,000.
Additionally, $500,000 has been secured from Fortune 500 investors, demonstrating their faith and hope in the project’s private offering and future development. The project is expected to grow 65x in size after its long-awaited launch, and mass adoption is imminent.
Basically, it is an AI-powered trading platform for a wide range of asset pairs. By offering an AI infrastructure to analyze and automate trading using its L1 blockchain, traders will be able to scale and join the top 1% of traders.
Its dual-chain design, which supports both Ethereum and Solana blockchains, is another unique feature. It allows traders to evaluate the benefits of both blockchains and execute trades on their preferred chain.
Intel Markets’ self-learning trading robots, powered by advanced Rodeum AI, are a standout feature, automatically reducing risk and learning from users’ trading behaviors. As a result, traders can focus on strategy while setting goals and letting the AI maximize results.
Additionally, users can manage multiple positions from a single margin account thanks to the platform’s multi-channel trading environment. With its unique combination of speed, security and flexibility, Intel Markets ensures fast execution of trades while maintaining the highest levels of volume-resistant security.
To learn more about Intel Markets, visit the presale site, and cable and twitter.
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