As the crypto space becomes highly erratic with the fourth quarter of 2024 almost around the corner, some altcoins emerge as key players in the crypto space. The current session registers Toncoin (TON) and Chainlink (LINK) as the key players leading the market with an ever-increasing momentum.
IntelMarkets (INTL) also emerges as a coin dominated by bullish momentum in the current session. The emerging platform has been grabbing attention with its unique features since its launch. However, the recent craze is majorly attributed to the Route X21 catalyzed buying frenzy.
Toncoin (TON) Price Rises Despite Regulatory Challenges
Despite increasing regulatory pressure on its connected platform, Telegram, the digital currency Toncoin (TON) is demonstrating resilience and continuing on its upward trajectory. Recently, Toncoin’s (TON) value grew amid the issues experienced by the Toncoin (TON) ecosystem, particularly because of demands from regulators for Telegram to disclose users’ IP addresses.
The Toncoin (TON) protocol may be impacted by several regulatory actions. Pavel Durov, the creator of Telegram, emphasized that the search feature’s original intent was to link users with news and friends rather than to engage in illicit activity. Durov views complying with authorities as an essential step, even in the face of any conflicts with Telegram’s dedication to freedom of expression.
The price of Toncoin (TON), which has increased by 6.37% over the past day and by 5.17% over the last week, indicates the stability of the token in the market. In the long run, regulatory actions may be detrimental to Toncoin (TON) if not managed with caution. On the other hand, investors may see these steps favorably, and growth may result when regulatory pressure is lessened.
Chainlink (LINK) Shows Rise In Trading Volume
The need for trustworthy data feeds will only rise with the popularity of decentralized finance (DeFi) and other blockchain-based applications. Therefore, Chainlink’s popularity is increasing in the crypto space! Chainlink’s status as the preferred Oracle solution has been cemented by its broad alliances and integrations across several blockchains.
Chainlink has the potential to grow rapidly, making it one of the best altcoins to keep an eye on thanks to its growing use cases and vital role in enabling DeFi and smart contracts. The current session shows price surges for the LINK token as the daily price chart shows constant green candles.
The 24-hour trading volume of Chainlink has surged by over 6% till the press time. Analysts predict further growth in the demand for LINK tokens as investors are on a constant outlook for explosive gains. Technical analysis also supports a bullish scenario for Chainlink, making it a huge market mover of the present bull run.
IntelMarkets (INTL) Hits A Milestone With Route X21 Protocol
The AI trading platform IntelMarkets has made public the initial phases of the creation of the Route X21 protocol. The quantum-resistant protocol is expected to protect users from attacks resulting from the exponential increase in quantum computing power, in addition to protecting DeFi assets on the blockchain layer.
It stands out from other new initial coin offerings (ICOs) due to its creative integration of blockchain, DeFi, and AI, which generates attention and demand.
The AI-driven platform moved into its second round, and in record speed raised over $456,000. However, it is one of the greatest new cryptocurrencies to invest in, with a projected 65x upsurge after the introduction and a present price of $0.018. The price of the token will increase to $0.027364 in the next round of the presale.
The $36 billion global cryptocurrency trading sector is poised for transformation as it is the first contemporary trading platform to use AI at every level. Its exclusive AI-based blockchain will fuel the extraordinary ecosystem, in contrast to traditional blockchains. An additional aspect of its attraction is its dual-chain capabilities, which allow it to support both the Ethereum and Solana blockchains.
Discover More About Intel Markets:
Presale: https://intelmarketspresale.com/
Buy Presale: https://buy.intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
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