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Market Volatility Hits Ripple and Avalanche Rallies While This 10x Presale Goes Parabolic

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By on August 27, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Market Volatility Hits Ripple and Avalanche Rallies While This 10x Presale Goes Parabolic appeared first on Coinpedia Fintech News

In the world of cryptocurrency, where fortunes are made and lost in a matter of seconds, a perfect revolutionary storm is brewing. While, once a darling of the crypto world, Ripple (XRP) faces headwinds from market volatility, Avalanche (AVAX) is restarting its engine for a price rally which has got investors buzzing around. But there’s more to the story. 

Amidst this crypto market frenzy, a new AI-powered contender has jumped into the scene with the potential to steal everyone’s spotlight. Intel Markets (INTL) – this powerhouse project with its revolutionary aim to democratize AI trading and its parabolic 10x potential presale has investors’ eyes on it. 

Let’s dive into the details to know if is it the next crypto moonshot that everyone in the crypto world has been waiting for.

Ripple (XRP) Eyes ODL Revival Following SEC Case Win: What’s Next?

After winning the SEC case, all eyes turned to Ripple’s (XRP) main product, On-Demand Liquidity (ODL), which helps send money across borders quickly. It was meant to use XRP, but during the lawsuit, Ripple stopped using it and used the stablecoins instead.

Now that the case is over and XRP is officially not a security, perhaps Ripple can use it again in ODL. This could make XRP more useful and valuable.

The SEC has remained quiet over the ruling and whether it will appeal or not. The judge has ordered Ripple to comply with securities law going forward and without any injunction on selling XRP to institutional investors. So Ripple can get back to using XRP for ODL until and unless the SEC does not decide to challenge it.

There’s a 50-50 chance that the SEC might decide to appeal at the very last minute, which will further complicate things regarding the growth of Ripple’s ODL in the US.

Ripple (XRP) has been currently facing winds of volatility along the broader crypto market. At the press time, XRP is trading for $0,5919, facing a 2.1% price dip in the past 24 hours, while facing a 2% surge in the past seven days. XRP has to overcome the strong $0.65 resistance level to see a significant price rally.

Avalanche (AVAX) Price Recovers, Eyes Key Resistance Level

Since peaking at $65.39 on March 18, Avalanche (AVAX) has been trending down. With another 8.73% increase possible, the DeFi token might reach $29.52, a crucial level of resistance. This level provided support for AVAZ throughout 2024, as shown in the AVAX/USDT daily chart.

Although the Avalanche (AVAX) token is currently down 1.7% at $26.45, it showed an impressive performance the previous week, rising by 28%.

Recently, layer one blockchain network Avalanche (AVAX) discord servers were also compromised hours after Polygon Discord was hacked.

Users were advised to refrain from interacting with Avalanche (AVAX) or clicking on any links after the company released screenshots on X revealing how its Discord server had been hijacked. The attackers tricked people by claiming that holders and community members could claim free AVAX and by posting many links to fraudulent “distribution” schemes for Avalanche’s native token, AVAX.

The team found the problem, fixed it, and is now attempting to get the server back to normal, according to Avalanche (AVAX) Community Lead Ben Well. 

Intel Markets’ (INTL) Presale Soars, Attracting Investor Interest

The cryptocurrency world is rapidly evolving, thousands of projects are launched but only those stays which aim to bring any kind of innovation to the table. 

Injecting a fresh wave of innovation to the crypto market, platforms with outstanding technology and a growing community, such as Intel Markets (INTL), are just breaking into the market. Intel Markets (INTL) – The AI trading platform has garnered interest due to its inbuilt artificial intelligence and self-learning training robots.

Intel Markets (INTL) is available for a discounted price of only $0.018 and is presently in stage 1 of the presale. The pre-sale is predicted to become the next big thing with 10x potential in the upcoming months, having already raised over $150,000 in only a few days.

With the use of a proprietary L1 blockchain, Intel Markets (INTL) is launching the First Enterprise-Grade AI Infrastructure for Trade Analysis and Automation. To make sure there are no glitches or mistakes, Cyberscope has scrutinized its smart contracts. 

Intel Markets (INTL) with Its goal to democratize AI trading for traders and investors of any skill level, is taking over the crypto world steadily. Other than this it is here to increase investment options for early adopters and cryptocurrency aficionados to become a part of the future of crypto trading. 

Join the Movement:

Buy Presale

Visit Intel Markets

Join The Intel Community

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