The crypto market has started Uptober with a steep decline, contrary to what many investors expected. However, the Tron (TRX) network has continued to excel, as it raked in a record-high $577 million in revenue for the third quarter.
Chainlink (LINK) has also seen significant advancements, partnering with Taurus and ANZ to boost tokenized assets. However, investors have been paying more attention to IntelMarkets’ AI-powered trading platform as it aims to empower retail traders with next-gen tools.
Since the start of 2022, the monthly revenue of the Tron network has been steadily increasing. The rise has seen the revenue peak in the third quarter as the total revenue of the Tron (TRX) network spiked to $577 million. This is the highest-ever quarterly revenue and a 45% increase from the previous quarter.
The Tron coin is also one of the best-performing altcoins, holding the $0.1500 support level on the weekly chart. As a result, TRX is now the ninth biggest crypto, with a market cap of over $13.3 billion. The technical indicators of the Tron crypto are still very bullish.
The 14-day RSI of Tron (TRX) is around 54.5, showing that there is still room for more uptrend. This is supported by the Tron coin price holding strong above the 50, 100, and 200-day SMAs. If this bullish momentum continues, TRX can aim for $0.20 before the end of October.
Over the last few months, the tokenization of real-world assets (RWAs) has become a booming sector. Chainlink (LINK) is one of the DeFi projects poised to play a major role in this industry. In the last weeks, Chainlink (LINK) has announced partnerships with Taurus and ANZ.
Taurus will use the Chainlink network to address key challenges in the tokenized asset space, including asset mobility, security, and data accuracy. ANZ will use the Chainlink (LINK) blockchain to increase the use of tokenized RWAs in traditional financial markets.
Despite the network growth, the Chainlink price performance has been below par. On the weekly timeframe, the price of LINK has dropped by 15% testing the $10 support level. For an uptrend to begin, the Chainlink crypto must recover above key resistance levels at $11 and $13.
Despite the network growth TRX and LINK have registered, IntelMarkets (INTL) has gained more attention from investors. In the last few weeks, the project has raised over $910K as industry experts are banking on IntelMarkets to transform the crypto trading space, which FMI has forecasted to hit $135.7 billion by 2032.
IntelMarkets has brought together top minds from Google, OpenAI, Goldman Sachs, and Renaissance Technologies to build an AI-powered trading platform. This trading platform promises to be next-gen with cutting-edge trading tools not available on conventional exchanges.
The Intelli-M Multi-channel is one such tool, capable of processing data from over 1,000 technical sources to provide very accurate signals. IntelMarkets also has trading robots built with Rodeum AI that are self-learning. Hence, they can learn from a trader’s performance, mistakes, and successes to improve their strategies.
Because the trading platform is designed to make trading easier and more profitable, industry experts are banking on IntelMarkets to become one of the top platforms. As IntelMarkets rises to the top, the INTL coin is set for a huge price pump.
While the price of Tron (TRX) looks bullish, the current outlook of LINK looks very bleak. At the same time, IntelMarkets looks to go on a major price rally in Q4, thanks to the growing popularity among investors and industry experts. From its stage 3 price of $0.027364, analysts expect a 15x price surge, making it one of the best coins to invest in now.
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
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