Disclaimer: The below article is sponsored, and the views in it do not represent those of ZyCrypto. Readers should conduct independent research before taking any actions related to the project mentioned in this piece. This article should not be regarded as investment advice.
Despite an impressive performance at the beginning of 2024, the cryptocurrency market has entered a slowdown phase. Leading projects like Bitcoin and Ethereum have observed significant price declines due to macroeconomic factors.
Near Protocol (NEAR) and Chainlink (LINK) traders have persisted through significant drawdowns. As a result, users are looking towards exciting new entrants like Intel Markets (INTL) to participate in the next big technological movements.
Near Protocol Fails to Push Forward Despite Protocol 69 Announcement
Near Protocol recently announced a major shift with Protocol Version 69. The update is expected to push the platform to stateless validation and allow interoperability at a new level. However, despite the monumental update, traders have been disappointed at the project’s recent price action.
The Near Protocol (NEAR) token has seen a major decline in the weekly charts, with a decline of over 1.11%. In a longer time frame, the project has decreased by over 35.87% in the past month, causing major concern for long-term holders. Analysts have sounded the alarm on the project’s future prospects because of decreasing developer activity and sentiment.
Chainlink (LINK) Announces Integrations With Ethereum and BNB Chain
Decentralized platform Chainlink recently made a significant splash with the announcement of integrating 8 new services. The platform is expected to add data streams and verifiable random functions (VRF) from the Base blockchain as well. The crypto community is perceiving these recent developments as a positive development.
Despite these recent developments, Chainlink (LINK) has failed to show sustained demand. The project is currently down over 25% on the monthly charts and has continued to show lackluster performance.
Key reasons behind the decline are attributed to token selling from the team and a shift towards more innovative sectors. Adherents are currently focused on segments like AI and memes in the crypto sphere, thus resulting in negative momentum for Chainlink.
Intel Market Defies Expectations With $500K Launch
Emerging AI trading platform Intel Markets (INTL) has launched with a bang with its private seed round. The cutting-edge product is backed by a team with prior associations with tech giants Open AI, Google, Renaissance Technologies, and Morgan Stanley.
Intel Markets (INTL) allows traders to leverage highly advanced trading robots to maximize gains. The dual-chain platform features Multichannel analysis, which allows users to integrate data streams and generate trading signals with unprecedented accuracy.
Despite being launched just days ago, the platform has already raised over $500,000. Retail holders are also joining the movement in the ongoing presale to scoop the INTL token at a limited-time rate of $0.018 before the price goes up to $0.03 in the next round.
Intel Markets (INTL) ‘s innovative features have made it an attractive proposition. Analysts are already touting the platform as one of the most impactful projects of 2024.
Discover More About Intel Markets:
Presale: https://intelmarketspresale.com/
Presale: https://buy.intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece; nor can this article be regarded as investment advice. Please be aware that trading cryptocurrencies involve substantial risk as the volatility of the crypto market can lead to significant losses.
