.png){kind=logo}
Data shows that Ethereum (ETH) and TRON are leading in the stablecoin market. Currently, Ethereum (ETH) holds the largest stablecoin market share, with over $84.6 billion in stablecoins, representing 49.1% of the market per data from CoinGecko.
On the other hand, Tron (TRX) has about $59.8 billion, accounting for 34.8% of the market. Meanwhile, IntelMarkets has soared into the third stage of its presale. It has also raised $907k in funding and could skyrocket by more than 10x before the end of the year.
New data indicate that Ethereum (ETH) ETFs have received the biggest inflow of funds for the past month. According to SosoValue, Ethereum ETFs recorded more than $84.6 million of inflows last week.
It also recorded three days of inflow out of five. This is actually the highest weekly inflow since the 9th of August. However, the growth rate of the Ethereum (ETH) ETFs has not reached that of the Bitcoin ETF, which saw a massive $1.11 billion in the same week with daily inflows.
In other news, the Ethereum price is currently consolidating between $2.2k and $2.7k. The rise in inflows might have triggered the latest price increase last week. Still, investors are not satisfied. They expect the value of the Ethereum coin to reach the 200-SMA at $3,099.05.
Tron (TRX)’s dominance in the stablecoin market can be attributed to the high usage of Tether, which represents 98.3% of the stablecoins on the blockchain. Meanwhile, the Tron network has been growing rapidly over the past few years.
Data from TRONSCAN reveals the number of accounts on the blockchain has crossed 261 million, a major testament to its growth and adoption. In other news, the Tron coin is starting another rally on the weekly chart after its recent downtrend.
If the rally continues, the Tron price could soar to $0.181474 in the coming weeks. CW8900 forecasts the value of the altcoin could climb higher, reaching the $0.2 region. Presently, the sentiment around Tron (TRX) is bullish. The 14-day RSI and VWMA (10) are displaying bullish signals.
IntelMarkets (INTL) has been on the rise as an AI-driven altcoin with the potential to disrupt the market. The project has raised over $900k in funding, showing huge interest from investors. IntelMarkets was created by ex-employees of Google, OpenAI, Goldman Sachs, and Renaissance Technologies to give retail traders access to advanced trading tools.
It is an efficient trading platform that provides traders access to effective data analysis for intelligent decision-making in a fluctuating environment. The Omnichannel Processing system can evaluate thousands of data and indicators to form one signal that traders can easily understand and use when thinking about whether to buy or sell.
Also, IntelMarkets has a self-learning AI trading bot that analyzes market data, finds patterns, and completes transactions within a very short span of time. It is also a dual-chain platform that supports trading on Solana and Ethereum for high-speed transactions at low cost.
Also, the Copy Trading feature enables a trader to follow the trades of the most successful professionals with very high profitability on the platform. INTL is currently trading at $0.027364 and according to market analysts, the altcoin price could spike up to more than 10x before the end of the year.
The influx of funds shows that the crypto community approves of the IntelMarkets concept. They think it could become one of the dominant crypto trading platforms and rival other top altcoins such as Ethereum (ETH) and Tron (TRX). As a result, INTL is one of the best cryptos to invest in now that the price is still low.
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
