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Intel Markets, a leading AI-powered trading platform rallies to $370k post-FOMC, with Cardano and AAVE traders diving into the project.
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The cryptocurrency market is buzzing with excitement following the recent FOMC meeting. As the dust settles and investors assess the implications of the rate cut, certain projects are emerging as top contenders.
AAVE, the leading decentralized finance protocol, has showcased impressive growth, while Cardano’s (ADA) bullish prospects are gaining traction.
Amid these changing trends, Intel Markets (INTL), an AI-powered trading platform, has emerged as a standout choice for traders seeking to capitalize on these opportunities. Let’s see why.
AAVE outshines DeFi peers: What’s ahead?
AAVE has had the greatest success among the major decentralized finance (DeFi) protocols, with a price rise of 18.94% during the last month.
Lido, Aave, Maker, and Uniswap are the traditional blue chips of DeFi. Based on total value locked (TVL), these protocols are ranked in the top 10. With a gain of 131.2% year over year, Aave has led in price appreciation, according to CoinGecko data.
In addition, out of all the DeFi blue chips, AAVE’s price growth over the last 30 days was the greatest. The coin has created an ascending triangle, a bullish chart pattern, on the daily chart. At the moment, AAVE costs $142.47. If the price stays inside the triangle, the cryptocurrency may withstand a downturn even though the red candlestick indicates that bears are attempting to put pressure on the price.
If this trend continues following the Fed rate decrease announcement, the token could rebound and AAVE may increase to $159.87.
ADA’s bullish bet: Risky gamble or smart investment?
It is anticipated that ADA, the native token of Cardano, an Ethereum rival, will return to the cryptocurrency scene and take its rightful place among the top 10 by market capitalization. According to Cardano (ADA) bull and cryptocurrency researcher Dan Gambardello, a bullish scenario is developing and the altcoin will soon hit $0.55.
The analyst forecasted in a post on X that the markets would be “choppy” following the Federal Reserve’s rate drop announcement on Wednesday, which might lead to a short-term spike in the volatility of digital assets like ADA.
He also cautioned investors against buying in ADA and other cryptocurrencies during this period of anticipated volatility, although he did suggest that it would be smart to anticipate and picture a decline in crypto values. The analyst went on to say that if ADA declines and establishes a downtrend, the event will be viewed as “a fake breakout,” with a sharp increase in price approaching $0.55.
Intel Markets AI-powered trading
Intel Markets is on the radar of clever investors and whales of AAVE and ADA for several reasons. Since its launch in late August, the initial coin offering (ICO) has raised approximately $370,000.
Additionally, $500,000 has been secured from Fortune 500 investors, demonstrating their faith and hope in the project’s special offering and future development. It is poised for a 65x increase following its much-awaited launch, and mass adoption is imminent.
In terms of fundamentals, it is an AI-powered trading platform for a wide range of asset pairs. By introducing an AI infrastructure for trade analysis and automation using its own L1 blockchain, traders will be able to scale up and join the top 1% of traders.
Its dual-chain design, which supports both the Ethereum and Solana blockchains, is another unique feature. It lets traders weigh the benefits of both blockchains and execute the trade on their preferred one.
The self-learning trading robots of Intel Markets, which are driven by the sophisticated Rodeum AI, are a notable feature, since it automatically reduces risk and learns from users’ trading behaviors. As a result, traders may concentrate on strategy while setting targets and letting the AI maximize results.
Additionally, users may manage numerous positions from a single margin account thanks to the platform’s omnichannel trading environment. With its unique blend of speed, security, and flexibility, Intel Markets ensures quick transaction execution while upholding the highest standards of quantum-proof security.
To learn more about Intel Markets, visit the presale website, and its Telegram and Twitter.
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This article first appeared at crypto.news
