As Altseason starts, more than $100 billion is flowing into altcoins with investors branching out from the main cryptocurrencies. Cardano (ADA) is catching attention for its practical uses and strong backing from its community. While Dogecoin (DOGE), a previous favorite in earlier cycles is not seeing the same enthusiasm as the focus shifts toward projects with real world applications.
In this dynamic shift, IntelMarkets (INTL) is continuously increasing its reach with an AI driven trading platform. This platform has a superior dual chain setup offers improved speed and flexibility at the same time as the demand for dependable trading equipment maintains an upward rise making IntelMarkets a sturdy contender for crypto traders this altseason.
Cardano (ADA) Shows Its Strength as a Leading Utility Altcoin
Cardano (ADA) is proving its strength as a top utility-focused altcoin. As of November 2024, its price is now around $0.47, a markup of about 18% from its last close. With a trading volume near $249 million, interest in Cardano remains steady.
In the future market, open interest for ADA contracts has seen a major surge now sitting at around $785 million, approximately 10% higher than the previous day and this minor decrease may indicate that some traders are being cautious with Cardano (ADA) short term movement.
Meanwhile, Cardano’s TVL in DeFi protocols has stayed stable at about $233 million pointing to ongoing user engagement within the Cardano (ADA) ecosystem. Although traders may be approaching the short term with a degree of caution, the longer term prospects for Cardano appear strong and encouraging.
Dogecoin (DOGE) Faces Drop as Investors Favor Projects with Real Utility
Dogecoin (DOGE) currently trades near $0.19, down a bit from yesterday. Its 24-hour trading volume stands around $6 billion, showing active trading but somewhat cautious sentiment.
Recent data shows that large holders control about 41% of the total 146 billion DOGE supply, meaning that a small group has considerable influence over the Dogecoin (DOGE) market. About 79% of the supply is available for trading, so liquidity remains high.
Investors are increasingly looking at assets with practical uses, a trend that may be tempering DOGE price as attention shifts toward assets with longer term potential and real world application.
IntelMarkets (INTL) Becomes The Best AI Powered Blockchain Tool for Modern Trading Needs
After securing over $2 million in the latest funding, IntelMarkets (INTL) has been making headlines as a platform optimized for modern traders. At a contemporary rate of around $0.045, it presents a promising entry element for investors before Stage 5 of its presale wraps up.
With the flexibility to access major cryptocurrencies like Bitcoin and Ethereum, a variety of niche altcoins, IntelMarkets (INTL) allows traders to build personalized strategies. The platform supports leveraged trading with perpetual futures contracts which allows traders to control larger positions while using less capital.
High liquidity and short selling options mean that traders can explore profit potential whether markets are rising or falling and the 24/7 access ensures they are ready to respond to changes at any time.
For those choosing to invest now, IntelMarkets (INTL) offers a strong set of tools, a wide range of asset options, and intuitive trading features. Thanks to strong demand and a stable foundation, IntelMarkets (INTL) is quickly becoming a top choice for those focused on the future of crypto trading.
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com/
Buy Presale: https://buy.intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets