Both Ripple (XRP) and Cardano (ADA) have both had a good run in this crypto cycle, especially considering that they were both performing poorly in the crypto market just a month ago.
However, in spite of the gains ADA has fetched them recently, holders are switching to IntelMarkets, a viral AI platform that is poised to flip XRP in this crypto cycle after raising $2.52 million in its ongoing presale. Here’s why:
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Ripple (XRP) Records New Whale Buying Transactions
The November bull cycle has seen Ripple’s XRP skyrocketing to highs it last tested in 2021, with investors rekindling their trust by investing in the token once again. Even whales are back to the XRP market.
According to blockchain tracker Whale Alert, Ripple (XRP) witnessed two major transactions totaling 44 million tokens in the last 2 days, from well-known exchanges to unidentified wallets.
These movements have not only sparked discussions about potential institutional accumulation but have also driven the price of Ripple (XRP) higher. However, this surge has pushed XRP into overbought territory, suggesting that its price may soon decline.
ADA Holders Migrate To IntelMarkets Amid Recent Cardano Announcements
In recent times, Cardano has taken significant strides in advancing its blockchain technology, by introducing new features like the Lace 1.17.5, which aims to enhance scalability, efficiency, and user experience. Cardano has also deployed the first zero-knowledge (ZK) smart contract on its mainnet.
This would streamline wallet functionality, and integrate advanced cryptographic tools like zero-knowledge proofs. The Cardano development team credited user feedback as a driving force behind the recent improvements. Cardano’s numerous announcements of developments and integrations, has seen ADA soaring.
ADA has moved up to become the 9th largest crypto by market cap, while the price of ADA surpassed $1.01, a level not seen since mid-2022. However, ADA is still nearly 70% below its all-time high, prompting investors to explore other tokens with potentially higher profit margins.
IntelMarkets Poised To Outperform XRP In This Crypto Cycle
While some investors may not see high volatility as a problem, ADA holders are switching to IntelMarkets (INTL) because they know better than to take chances. In just an hour of decline, they might probably lose all the gains they’ve made from ADA this month, if it fails to rebound after the upcoming consolidation cycle.
Meanwhile, IntelMarkets acts as a safe haven for these investors due to its innovative features. The platform is designed to help investors manage trading risks, and meet desired individual trading goals, while overseeing their assets in a non-custodial wallet with an automatic asset portfolio management protocol
IntelMarkets is secure, allowing traders to execute trades across multiple currencies and blockchains, supported by insights from over 350,000 data points. They can leverage IntelMarkets’ advanced infrastructure designed for security and convenience. Moreover, IntelMarkets presents a more lucrative and safer investment opportunity than Cardano now.
Backed by top analysts, IntelMarkets is predicted to have the potential to surpass Ripple (XRP) in this cycle. With a pre-launch token sale that has already raised over $2.52 million, you can join ADA holders on the AI platform for just $0.05 during the current presale stage 6.
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With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.