- FET's 30% Weekly Surge Amid New Developments
- Toncoin Re-enters Top Ten Cryptos With 25% Gain
- IntelMarkets Attracts Interest Amid Market Correction
Last week, the cryptocurrency market witnessed significant changes involving the tokens FET, TON, and the newcomer INTL. Let's explore what made them stand out in recent days.
FET's 30% Weekly Surge Amid New Developments
The Artificial Superintelligence Alliance token (FET) captured notable attention after a 30% surge amid the market-wide recovery. FET's uptick was attributed to improved investor sentiment following the rebound of Bitcoin (BTC) and Ethereum (ETH). On September 13, 2024, the Superintelligence Alliance team disclosed a proposed project named Synergy, aimed at enhancing the global manufacturing industry using AI resources. Despite these developments, FET is holding at $1.31, with a 7.89% drop in the last 24 hours. If the coin conquers resistance at $1.41, it could surge to $2.00.
Toncoin Re-enters Top Ten Cryptos With 25% Gain
Toncoin has recently reclaimed a spot among the top ten cryptocurrencies by market capitalization after a significant 25% price increase over the week. The rebound was driven by increased demand for TON following the release of Telegram's founder, Pavel Durov. Earlier, Durov's apprehension by French authorities had caused TON's market cap to sink from $17 billion to $11 billion. However, last week, TON rebounded to $14 billion. Currently, the coin trades at $5.59, with a 2.61% drop in the previous 24 hours.
IntelMarkets Attracts Interest Amid Market Correction
IntelMarkets (INTL) has garnered attention amid the ongoing market correction. INTL continues to show growth due to increased adoption of its dual-chain perpetual futures trading platform. Developed on Ethereum and Solana, the platform offers traders high-leverage options up to 1000x. INTL is currently in its public presale phase, trading at $0.009.
This week, the cryptocurrency market has been particularly active with FET, TON, and INTL. While FET and TON keep attracting attention, INTL stands out as a promising player amid the market correction.
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