oncoin (TON) has introduced a new initiative called TON Talent, which is aimed at connecting developers and founders in the ecosystem. In other news, the once-bullish AI coin, Bittensor (TAO), has dropped into the red region.
The value of TAO has dropped on the weekly and monthly timeframes. Meanwhile, a new entrant, IntelMarkets (INTL), could be the next AI sensation, according to analysts. Based on its rapid growth rate, INTL could potentially rise by 1,100% in the coming months.
IntelMarkets (INTL) Crosses $1.6 Million,Prepares for 1,100% Rally
IntelMarkets (INTL) has raised $1.6 million in its ongoing blockchain ICO as more users troop. Currently priced at $0.036, experts say the value of the INTL coin could soar by 1,100% in the months ahead. IntelMarkets aims to drastically improve the perpetual future contracts market, which saw 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 option of perpetual futures trading. The major difference between perpetual futures and traditional futures contracts is that the former has no expiration date – users can trade 24/7.
This also works to the advantage of traders since it does not limit them in terms of time and duration of their trades unlike in the conventional systems. To the traders, such uninterrupted market access helps them to make better plans and make the most of the changes in the market as they occur.
IntelMarkets also offers its traders high liquidity and leverage up to 1000:1, allowing users to increase their market position and, thus, their profits. Meanwhile, IntelMarkets has risk management instruments that allow the traders to minimize the possible losses and maximize the profit.
Toncoin (TON) Debuts TON Talent, Price Still Down
Toncoin (TON) has taken another step to connect users within its ecosystem by launching a new service called TON Talent. The aim is to connect developers and founders within the TON ecosystem.
Developers can get some great jobs, while founders can gain access to talented individuals. The initiative will involve experts such on areas like Jetton and NFT creation, DeFi projects, TON smart contracts, Telegram Mini Apps, and web development.
In other news, the Toncoin crypto is under bearish control. Data from CoinMarketCap shows that TON has dropped below the $5 mark over the weekend and is struggling to regain the $5 resistance level.
Analysts forecast that the Toncoin price might surge to $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 mojo in the past month. The cryptocurrency, which soared to a peak of $675 on October 14th, is now trading below the $600 mark.
Price information from CoinMarketCap reveals the value of the Bittensor coin has dropped by 11% on the weekly timeframe and 5% on the monthly level. Nevertheless, cryptocurrency supporters believe the recent downtrend in the general market might have been responsible for the price dip.
Coincodex says that the Bittensor price might rally to $661.95 in the short term and $1,662.36 in the long run. AltCryptoGems forecast the value of the altcoin could rally past $675 soon. In the case of a downturn, the Bittensor crypto has immediate support at the 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’s latest price movement could position it as the next AI crypto set for major price growth as Bittensor (TAO) battles with bearish pressure. Such potential makes it one of the best altcoins to watch out for.
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
