The crypto market got a quick zap as the incoming US President launched his Trump coin. Other networks had their traders and users cannibalized as people jumped at the chance to be a part of the Trump coin launch.
However, as news emerged that the Trump coin was not an investment tool, or offered any utility, market interest quickly dropped. Other networks that were losing market volume started to regain their lost volume and value as users returned to their preferred networks.
The Trump coin was launched on Solana (SOL) and it also experienced a boost in usage and volume. Solana’s price also surged on market hype as users flooded its network to join the Trump coin. However, once the Trump coin started diving, Solana’s price also settled as network and investor interest reduced.
Now that things are back to normal, traders are moving to IntelMarkets (INTL), a new AI project that experts are supporting for its high potential. As a low-cap ICO project, its growth potential is amazing, generating huge demand and interest.
Trump Coin Dives Another 40%
In less than four days of trading, the price dip in the TRUMP coin has been steep. While the growth hype was strong, it tanked fast. The TRUMP coin reached over three-quarters of a million total token holders before the utility was explained and it has been dropping since then.
Source: CoinMarketCap
The coin lost another 41% value in the daily charts as its market volume dropped over 52% as users moved their holdings to other coins. What is even more worrisome is that many other copycat TRUMP coins are picking up stray investments and fooling investors out of their money.
Solana Price Drops 9% As Markets Settle
Since the TRUMP coin was launched on the SOL network, Solana’s price skyrocketed as network volume surged and usage rose. The influence was so strong that Solana’s price managed to touch a new ATH.
Source: CoinMarketCap
Another catalyst for Solana’s price rise was news of a new strategic reserve based on top cryptos, which included SOL. With a high utility model, and strong support amongst DeFi users, Solana (SOL) remains an altcoin to follow for now.
Currently trading around $236, Solana’s price has dropped 9%, from $256 to $232 in the daily charts. The price is struggling between bull and bear forces as market volume dropped 55% to $16.34 billion.
IntelMarkets (INTL): A Top AI Project For Experts
IntelMarkets (INTL) is the experts’ favorite AI project right now. The expected revamp of the crypto trading scene with AI-based trading tools gives IntelMarkets (INTL) huge growth prospects, making it the best new crypto to invest in.
Currently in its ninth stage of the presale, priced at $0.082, it is massively undervalued. It has already delivered over 800% gains to early backers in the past few months. This means that it has outperformed both other ICOs and top altcoins like ETH and Ripple (XRP).
IntelMarkets (INTL) will be the first AI-powered platform to incorporate artificial intelligence across all levels. At its core is an AI-based blockchain and trading bots that can learn from past trades and real-time trading info. These bots will also process high data volume and identify market opportunities. This primes the project for massive adoption once it launches.
Conclusion
Trump coin and Solana’s price movements and IntelMarkets’ presale performance, show that the crypto markets and investors reward high utility projects. Given its strong fundamental offering, IntelMarkets (INTL) is likely to be the next big thing.
It aims to reshape the global crypto trading market with AI tools. The prospect of using advanced AI technology, with its unparalleled growth potential, is drawing in investors to the project. Make sure that you do not miss the IntelMarkets (INTL) presales and its opportunities for explosive growth.
To learn more about the IntelMarkets platform, visit the presale or Join the INTL community.
