Although the broader market is experiencing a severe downturn, causing the XRP price to plummet, there's still hope among investors. Many anticipate a breakthrough above the $2 level for Ripple, especially with impending announcements like Donald Trump’s tariffs on April 2.
As unpredictability stirs, IntelMarkets is gaining traction by making waves with its game-changing AI integration in the immense $300 billion crypto trading realm.
Experts are buzzing about IntelMarkets, with predictions hinting at its capability to surpass XRP and possibly recreate Toncoin (TON)'s early meteoric rise.
The TON Foundation successfully raised $400 million in venture capital.
Toncoin (TON) finds itself trading around $4 after a notable 10% weekly rise, spurred by robust technical indicators and significant investment support. The TON Foundation recently amassed over $400 million from prestigious venture capital entities, all in Toncoin (TON), directly enhancing network activity and pointing to growing institutional trust.
This strategic funding move is propelling ecosystem growth and reinforcing Toncoin's recent price movements. Supporting this surge, Coinglass reports reveal that open interest in Toncoin (TON) futures has climbed to an annual peak of $192.2 million, up from $151 million just a few days ago. Such spikes in open interest typically suggest robust capital influxes and positive investor sentiment.
Ripple Retraces as the Market Shrinks
Ripple is under heavy selling pressure, with over 1.12 billion tokens being divested in merely 48 hours. This sudden distribution has driven the XRP price precariously near the historically resilient $1.95–$2 support level. However, this time around, the broader market scenario raises skepticism about Ripple’s chances of bouncing back.
Since its peak at $2.80 in December, the XRP price has revisited this critical support area multiple times, rebounding due to whale accumulation and broader market strength. Yet, the present context is noticeably weaker. Bitcoin is losing traction as Trump's tariff announcement looms on April 2, spreading uncertainty throughout the market, including Ripple.
The pressure on XRP grows as the whales have reversed roles. In February, wallets holding between 100 million and 1 billion Ripple pumped $4 billion into the market, sparking a rally. Now, these hefty holders have pivoted, unloading over 2 billion Ripple in just two days, amplifying the downturn.
Ripple's derivatives data suggest a bearish trend as well. The Estimated Leverage Ratio (ELR) is decreasing, while funding rates have turned negative for the first time this month – indicating traders are increasingly betting against XRP and pulling back on leveraged trades.
IntelMarkets is reshaping the massive $300 billion crypto trading industry.
IntelMarkets IntelMarkets is transforming the crypto trading world by marrying the principles of decentralized finance with AI, resulting in a quicker and more user-friendly platform. At the heart of it lie intelligent trading bots, adeptly trained on over 100,000 data points, enabling users, whether beginners or seasoned traders, to make faster and more precise decisions, holding their own against larger market participants.
The momentum surrounding IntelMarkets is escalating swiftly. With over 170,000 investors already engaged, the platform has accumulated $12 million during its presale phase. Its native token has been priced at $0.0916, quickly gaining traction as one of the most promising AI-driven tokens anticipated for 2025. INTL IntelMarkets distinguishes itself with its groundbreaking infrastructure. It stands as the first platform offering enterprise-grade AI tools for automated trading and analysis on a custom-built Layer 1 blockchain – a construction more potent than Toncoin (TON).
This configuration promotes faster operations, reduces costs, and boosts scalability – all benefits that position IntelMarkets as a formidable player in the re-envisioning of Web3 trading. As more investors seek novelty and utility, IntelMarkets is tailoring itself to be the go-to choice for those aiming to tap into the next surge of AI-driven crypto platforms.
INTL is accelerating quickly, trading at approximately $0.09, and gradually advancing toward the top 100 cryptocurrency ranks alongside Toncoin (TON). Its upward trajectory coincides with AI becoming a major trend in the market, pushing those lacking genuine AI integration off to the periphery.
The Closing Thoughts
IntelMarkets shines with an exceptional team hailing from MIT, OpenAI, and Renaissance Technologies. Given the growing demand and solid groundwork, INTL is rapidly climbing the ranks as one of the year’s most exceedingly anticipated crypto launches powered by AI, and it's outperforming the XRP price.
Disclaimer: This is a Press Release stemming from an external party accountable for the content. Carry out your own investigation before proceeding with any actions based on the content.
Learn More About IntelMarkets:
Editor-in-Chief of Blockonomi and founder of Kooc Media, a UK-based online media enterprise. An advocate for Open-Source Software, Blockchain Technology & a Free and Fair Internet serving everyone.