Avalanche, Ripple investors attracted by Intel Markets’ presale momentum

Avalanche and Ripple investors are turning to Intel Markets, driven by its strong presale momentum.

Digital currencies are yet to recover fully from the negative sentiment in the crypto market. Some coins are currently trading in the red region as they battle to remain afloat.

Meanwhile, a new presale, Intel Markets, has captivated the interest of Ripple and Avalanche investors. Intel Markets has raised $150k in just a few days. It has also sold almost 20% of the coins for stage 1.

Avalanche sends warning to community

In a recent tweet on their official account, AVAX told its users someone had compromised the platform’s Discord account. They advised members of the community to refrain from interacting with accounts or clicking suspicious links.

A few hours after the announcement, Avalanche informed the community they had handled the threat. In the meantime, Avalanche price is showing double-digit gains on the weekly and monthly levels.

Traders must keep an eye on Avalanche crypto in the coming weeks. The coin will have to surpass the resistance at the 200-day SMA ($35.23) to continue its upward movement. Any bearish control would push the value of the Avalanche coin down to previous lows.

Ripple: Whales continue to show interest

Over the last few weeks, the number of whale transactions for Ripple coin has increased. Whale Alert, a crypto data tracker, just discovered a transaction where an address moved 99.3 million XRP (approximately $61 million) to an unknown wallet.

This move comes after another unknown address transferred over 24 million XRP recently. While the reason for the transfer is still unknown, members of the crypto community are hoping it won’t affect the Ripple price negatively.

Presently, the value of the cryptocurrency is oscillating between $0.4 and $0.7 on the monthly timeframe. Its market cap is even around the $22.5b-$37.5b range. Analysts say Ripple XRP must stay above the 50-day SMA ($0.559117) to increase its chances of reaching $0.728472 in the coming weeks.

Intel Markets presale continues to soar, raises over $150k

Intel Markets is gaining a lot of momentum in the presale stage. Its private seed is currently the talk of the cryptocurrency community. Investors have bought 19.8% of the coins in the first phase. That is not all. They have also raised $150k in funding. Market watchers believe this momentum is a positive sign for Intel Markets.

They expect a price surge of 30x in the coming months. Another major reason for this optimistic prediction is Intel Markets’ upcoming AI-based trading platform. Intel Markets is building a multi-blockchain exchange that will capitalize on the power of Solana and Ethereum to give traders access to fast and cheap trades.

Investors will be able to trade perpetual futures using AI trading bots. There will also be advanced trading tools like charts, real-time market data monitoring, and features like 100x leverage and high liquidity. The aim is to give investors a smooth trading experience in the perpetual futures market, whose liquidity is 5x that of the spot trading market.

Conclusion

Intel Markets is selling like hotcakes in the presale. This momentum has attracted the interest of Avalanche and Ripple investors. Market experts predict the value of Intel Markets will rise by 30x in the next few months.

To learn more about Intel Markets, check out the presale website, and its Telegram and Twitter accounts.