There has been remarkable advancement among crypto projects despite the recent drop in prices. According to the latest crypto news, the Tron network has witnessed a large surge in energy supply. Also, Ripple has partnered with Future Verse for digital asset custody.
Meanwhile, Intel Markets has achieved a new feat, raising over $220k from its presale. Analysts forecast its foray into the perpetual futures market will push the price of its native token, INTL, will rise by 10x in the coming months.
In a recent tweet, Tron Founder Justin Sun announced that the Tron network witnessed a large amount of energy on September 2nd. However, he revealed they have solved the overall shortage.
Tron global nodes will closely follow the energy supply and the prices in order to maintain the Gas Fees affordable within the sector, he added. The latest tweet comes as the activity on the Tron blockchain skyrockets.
In other news, the Tron coin is trading around $0.12-$0.17 on the monthly chart. Its price has increased by 20% during this period, sitting above the 50-Day SMA ($0.138395). Tron’s market cap is currently oscillating around the $10-$15 billion mark.
Ripple (XRP), a firm that develops digital asset infrastructure, and Future Verse, the agency of AI and metaverse technology and content, have signed a new partnership deal. News reports revealed that Ripple Custody would provide Futureverse with custody services to keep its digital assets safe.
In the meantime, Futureverse has already implemented the XRPL NFT standard and employs Ripple XRP as the gas token on the Root Network. In other news, Ripple is showing upward movement on the monthly price chart.
According to CoinMarketCap, the value of Ripple coin has increased by 3.5% on this level. However, the cryptocurrency continues to trade below the 50-Day SMA ($0.578321).
Intel Markets is the new entrant into the crypto trading markets and is already gaining ground among crypto enthusiasts. The project has raised over $220k in funding, catching the eyes of investors. Intel Markets is building a trading platform that will connect traders and the perpetual futures market. Perpetual futures were averaging $100 billion daily trading volume as of 2022, per research.
This volume shows this sector is very large and has a lot of turnover. In addition, traders in perpetual futures can derive a lot of benefits from Intel Markets. Firstly, trading is available all week. Also, liquidity and leverage are very high, allowing investors to get high profits and quick payout. In addition, Intel Markets offers risk management tools.
Such features make trading using the Intel Markets platform easy. In addition to this, there is an AI bot for traders at Intel Markets, which allows investors to check market status and price movements. With the features above, analysts forecast the price of Intel Markets will rise by 10x in the coming months.
Analysts are optimistic about the potential of Intel Markets and its foray into the perpetual futures market. They say the price growth of Intel Markets can outperform that of Tron and Ripple crypto, given its low market cap.
Discover More About Intel Markets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
The content featured on Coinpedia's press release page is provided for informational purposes only. Coinpedia does not endorse, verify, or take responsibility for the accuracy, completeness, or reliability of any press releases or associated materials. Any views, opinions, or statements expressed in these press releases are those of the respective issuers and do not reflect the opinions or positions of Coinpedia. Coinpedia is not liable for any content, products, services, or actions mentioned in the press releases. Readers should independently verify the information before taking any actions related to the subject matter of the releases.
Solana (SOL) saw a massive jump in open interest during July, rising by over 370%,…
Cardano (ADA) is showing signs of weakness as its long/short ratio drops, signaling a surge…
With XRP struggling to hold key support and whales quietly loading up, all eyes are…
Ozak AI is catching serious attention as it pushes deeper into its 4th presale stage.…
Michael Saylor is doubling down on Bitcoin again. In a recent CNBC interview, he hinted…
Early investors in Shiba Inu and Pepe Coin saw life-changing returns. Now, ChatGPT and other…
