Intel Markets Takes the Spotlight While Reaching New Records As Shiba Inu and Cardano Struggle
Shiba Inu lead Shytoshi Kusama has proposed four use cases for the 37.5 ETH the platform was gifted. Also, Charles Hoskinson believes Cardano is technically stronger than Bitcoin.
At the same time, Intel Markets is making huge strides in the crypto markets. In the first week of the presale, Intel Markets has been able to raise over $222k, showing the growing interest in the perpetual futures trading platform.
Shiba Inu (SHIB) Lead Releases New Proposal
Shiba Inu lead Shytoshi Kusama has presented a proposal for the Shib Communities to vote on. The proposal has to do with how the community should spend the 37.5 ETH that the Shiba Inu token was granted by its fast-food joint, Welly.
The proposal outlines four potential uses for the funds. One of them is putting them in a multisig wallet for community decisions. The voting started on August 31 and will end on September 4.
In the meantime, the value of the Shiba Inu coin has dropped on weekly and monthly timeframes. The cryptocurrency is trading below the 50-day SMA ($0.00001526). Its market cap is oscillating around the $6.5-$9.5 billion mark.
Cardano (ADA) Outperforms Bitcoin In Technical Achievements
In a recent tweet, Charles Hoskinson, the founder of Cardano, reflected on his last ten years as a public figure in the development of the Cardano network. This reflection comes after the just concluded Chang hard fork.
In his reflection, Hoskinson claimed Cardano was technically superior to Bitcoin. He pointed out that Cardano is available in over a hundred countries and has experienced no downtime. In other news, Cardano ADA is still bearish on the weekly and monthly charts.
Bulls have been unable to cross the 50-Day SMA ($0.375442). Meanwhile, the market cap of Cardano crypto is ranging between $10 billion and $15 billion. It is still among the top 15 cryptocurrencies in the market.
Intel Markets Presale Takes the Spotlight, Raises Over $222k
While Cardano and Shiba Inu crypto are battling with bears, Intel Markets (INTL) is enjoying a good pre sale season. The price of the native token of the platform, INTL, is $0.009. Analysts predict it will increase by over 1,100% before the year ends. Despite the bearish market, Intel Markets has been able to raise over $222k in funding in its first week.
The reason why investors are excited about Intel Markets is its AI-powered trading platform. Using this platform, investors will be able to trade a large number of perpetual futures contracts with the help of AI trading bots and high-quality analytical tools. The trading bot, which is a very important element of the platform, has a very high rate of success. It has given 1,200 traders successful trades.
Other tools that Intel Markets offers are live pricing quote streaming, charting applications, personalized trading signals, and risk management products. Besides this, Intel Markets has a high leverage level of such a value as 1000x. This high leverage allows investors to make a lot of profit from the little amount of money they invest.
Can Intel Markets Outshine Top OGs Like Shiba Inu and Cardano?
Analysts believe Intel Markets has the potential to see huge price gains in the coming months. If Intel Markets can pull such large numbers in the presale stage, imagine what it can do after its launch.
Discover More About Intel Markets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
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