oncoin (TON) has introduced a new initiative called TON Talent, which aims to connect developers and founders across the ecosystem. Elsewhere, the once-bullish AI coin Bittensor (TAO) has fallen into the red region.
The value of TAO has declined over the weekly and monthly periods. Meanwhile, a new entrant, Intel Markets (INTL)could be the next AI sensation, analysts say. Given its rapid growth rate, INTL could potentially increase by 1,100% in the coming months.
IntelMarkets (INTL) Tops $1.6M, Preparing for 1,100% Rally
Intel Markets (INTL) has raised $1.6 million in its ongoing blockchain ICO as more users come together. Currently priced at $0.036, experts claim that the value of INTL coin could soar by 1,100% in the coming months. IntelMarkets aims to significantly improve the perpetual futures market, which has seen an average daily trading volume of $101.9 billion in 2022.
Its plan is to provide a different and more advanced trading experience than traditional platforms using AI and blockchain technology. Another advantage of IntelMarkets is the perpetual futures trading option. The main difference between perpetual futures and traditional futures is that the former do not have an expiration date: users can trade 24/7.
This also benefits traders because it does not limit them in terms of time and duration of their transactions unlike conventional systems. For traders, such uninterrupted access to the market helps them make better plans and make the most of market changes as they occur.
IntelMarkets also offers its traders high liquidity and leverage of up to 1000:1, allowing users to increase their market position and, therefore, their profits. Meanwhile, IntelMarkets has risk management instruments that allow traders to minimize possible losses and maximize profits.
Toncoin (TON) launches TON Talent, price still falling
Toncoin (TON) has taken the next step in connecting users within its ecosystem by launching a new service called TON Talent. The goal is to connect developers and founders within the TON ecosystem.
Developers can get great jobs, while founders can gain access to talented people. The initiative will involve experts in areas such as Jetton and NFT creation, DeFi projects, TON smart contracts, Telegram mini apps, and web development.
Furthermore, the Toncoin crypto is under bearish control. Data from CoinMarketCap shows that TON fell below the $5 mark over the weekend and is struggling to regain the $5 resistance level.
Analysts predict that Toncoin price could reach $7.46 in the future. However, the Toncoin token must pass the resistances at 50-SMA ($5.40) and 200-SMA ($6.24).
Bittensor (TAO) price drops to $500 level
The AI coin, Bittensor (TAO), appears to have lost its appeal over the past month. The cryptocurrency, which hit a high of $675 on October 14, is now trading below the $600 mark.
Pricing information CoinMarketCap reveals that the value of Bittensor coin fell by 11% on the weekly time frame and by 5% on the monthly level. Nonetheless, cryptocurrency proponents believe that the recent downward trend in the broader market could be responsible for the price drop.
Coincodex indicates that Bittensor price could rally to $661.95 in the short term and $1,662.36 in the long term. AltCryptoGems forecast the value of the altcoin could soon exceed $675. In the event of a slowdown, Bittensor crypto benefits from immediate support at 50-SMA ($490.63).
Conclusion
Toncoin’s (TON) latest TON Talent feature could reignite interest in the ecosystem as developers and founders collaborate. Meanwhile, IntelMarkets’ latest price move could position it as the next AI crypto set for major price growth as Bittensor (TAO) battles downside pressure. Such potential makes it one of the best altcoins to watch.
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