IntelMarkets (INTL), an emerging decentralized finance project, is expected to reshape the DeFi landscape with its revolutionary features. This notice comes as Stellar (XLM) and Bonk (BONK) enter the spotlight following their recent performances. As such, eyes are on INTL, XLM and BONK as the market turns green again.
Here, we’ll explain why IntelMarkets could soon redefine the DeFi landscape!
IntelMarkets Ready to Transform DeFi with Advanced Features
IntelMarkets is a unique perpetual contracts exchange with several exciting technical tools capable of helping DeFi enthusiasts and crypto traders. These technologies were designed to simplify trading and increase users’ chances of success in the volatile crypto market.
For example, IntelMarkets offers over 10,000 cryptocurrencies, leaving users like you to track multiple assets and determine the best one to buy. However, thanks to the Intell-M analysis tool and the platform’s automated bots, you can let the system search for the most lucrative coins at any time without having to do it yourself.
The Intell-M channel technical analysis tool will help collect information on 10,000+ data platforms during trade planning. This information can be used to identify the most lucrative coins.
INTL’s automated bots will introduce automation to the platform, allowing users to trade without active involvement in the market. These self-learning bots, trained using over 350,000 data points, will announce trading and profit-taking activities.
IntelMarkets’ extensive asset offering will allow traders to diversify and increase their profits. Additionally, with up to 1,000x leverage available to traders, users can multiply their potential gains by several times. This could transform the way things are done in the DeFi sector.
Stellar Price Rises 35% Thanks to Golden Cross Signal
XLM, Stellar’s native token, rose 35% in 24 hours thanks to a golden cross signal. A golden cross forms when the 50-day MA crosses the 200-day MA. This trend often signals the start of an uptrend.
In the case of XLM, the golden cross appeared after the Stellar coin broke critical resistance levels, creating a new multi-year high at $0.243. This price was last discovered in March 2022.
According to market data, the price of XLM formed the last golden cross in March 2024, but a death cross replaced it as investors began to make profits. The new golden cross indicates a change in trajectory for XLM after a long period of consolidation.
While XLM benefits from the current bull market, Stellar coin could reach even greater highs by the end of the year. XLM is trading at $0.23, following a 102% weekly price gain.
BONK Rallies 30% as BONK DAO Announces Plans to Burn 1 Trillion Tokens by Christmas
BONK, a meme coin created on Solana, soared 30% in a day after BONK DAO, a community association, announced it would burn 1 trillion units of the token through Christmas. The organization called this initiative “BURNmas”.
BONK DAO noted that this is believed to be the largest fire Solana has ever witnessed. It will begin on November 15, 2024 and last until December 25, when the last batch of tokens will be burned immediately after the clock strikes 00:01.
To make the event inclusive, 1,000 BONK will be burned for each post with the hashtag #LetsBONK on X. An additional 10,000 BONK will be burned for each new user subscribing to the token’s official accounts on Instagram, TikTok and YouTube.
With a market valuation of $3.80 billion, BONK has established itself as an important project on the Solana chain. In one week, the token increased by 100% to $0.00005073.
INTL steps into the spotlight with XLM and BONK
While XLM and BONK are in the spotlight with their performances, INTL joins the club and makes its entrance with its pre-sale. A few days ago, INTL entered stage 6 of its presale, followed by a price increase to $0.054.
At this value, INTL is considered undervalued by experts who predict the DeFi coin will break a record in its stock market debut. Given its growing adoption rate, they predict a 10,000% increase in INTL’s price after launch.
With INTL poised to experience such an explosive price rise, it is considered one of the best investment alternatives in this bull season. To learn more about IntelMarkets and its native token, click the links below!
Visit Intel Markets Presale
Join the INTL community
