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Ripple’s legal troubles stall XRP, leading investors to Cardano and Intel Markets. ADA shows stability, while INTL’s AI trading tools attract over $900k in inflows.
Ripple’s (XRP) legal troubles with the SEC have shaken investor confidence and caused many to rethink their holdings In response, a significant shift is happening. Funds are now flowing into projects like Cardano (ADA) and Intel Markets (INTL).
Cardano’s recent inflows reflect its appeal as a project with a solid foundation and real use cases. On the other hand, Intel Markets raised over $900k in its presale, which shows strong investor interest in its AI-driven trading tools.
Continue reading to find out why Ripple is losing momentum, how Cardano is attracting new inflows, and what makes Intel Markets a promising option for investors.
Ripple fails to reach $1 due to SEC troubles
XRP’s struggle to hit the $1 mark continues, mainly due to its ongoing legal battle with the SEC. Despite brief surges, the uncertainty around this case keeps pushing the price down. The SEC’s recent appeal against Judge Analisa Torres’ ruling has only added more confusion and shaken investor confidence.
Moreover, whale movements are making things worse. Large Ripple holders recently moved significant amounts of Ripple to exchanges. This means Ripple potential sell-offs and even more downward pressure on the price.
Currently, Ripple sits at around $0.52, far from the $1 milestone. Following the SEC appeal, its price dropped by about 1% within 24 hours and continued to slide. The Ripple trading volumes have also plummeted, falling 33% to $1.96 billion. Futures trading isn’t faring any better, with open interest declining by 7% and derivatives volume down by 42%.
Meanwhile, the legal battle shows no sign of ending soon. Experts estimate the case could drag on until 2026, leaving short-term investors discouraged. Ripple’s possible counter-appeal adds even more unpredictability. Until there’s a resolution, Ripple will likely face headwinds, keeping its price in check.
Cardano sees rising inflows as investors look for stability
Cardano recently attracted investor attention despite a 9% drop over the past week and a 15% dip amid the market downturn. Its price now sits around $0.35. Still, signs of recovery are appearing, drawing in those seeking stability.
Recently, analysts noted the Cardano breakout from its falling wedge pattern, a key bullish signal. They predict a possible 2x move to the $0.74–$0.75 range. This technical shift has sparked optimism among investors, particularly those eyeing ADA’s potential to reclaim crucial support levels.
Despite developer exits, Cardano’s strong community has softened the blow. Many focus on its long-term growth. The recent integration with other blockchains, like enhanced interchain connectivity via IBC, adds utility and could attract more users.
Moreover, Cardano’s market metrics remain steady. Its market cap holds at about $12 billion, with 77.68% of its total supply circulating. Technically, the breakout suggests a trend reversal. Current support and resistance levels around $0.35 and $0.50 are crucial. If Cardano holds these levels, it could rally and attract even more inflows from stability-seeking investors.
As XRP faces ongoing struggles, Intel Markets has emerged as a promising alternative for investors. It recently hit the third round of its presale, raising over $900k and catching the attention of many. The platform’s success is largely driven by its AI-powered trading tools, which offer advanced features typically reserved for institutional investors.
Additionally, Intel Markets uses Rodeum AI trading robots for risk management based on user behavior. These bots process data from over 1,000 technical sources and scan more than 100,000 crypto assets in real time, giving traders an edge in high-volatility situations.
The platform employs dual-chain technology, combining features of Ethereum and Solana. Consequently, users can manage multiple positions in a single account, which increases trading efficiency. Moreover, its high leverage of up to 1000x and access to large liquidity pools help maximize profit potential.
Analysts predict Intel Markets’ token could rise by 1,100%, potentially reaching $10 in 2024. The project has 10,000 signups, which shows its strong market momentum. With Nvidia’s backing and advanced AI trading solutions, Intel Markets is a compelling option for investors seeking growth.
To learn more about Intel Markets, visit the presale website, Telegram and Twitter.
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