A new token is blowing the roofs off in the crypto world with an astonishing 4,000% surge, leaving Sui (SUI) and Uniswap (UNI) whales envious. Prominent investors are stunned as IntelMarkets (INTL) continues its relentless rise.
IntelMarkets’ recent approach toward DeFi and setting up quantum-proof security developments has put the platform in the limelight among traders worldwide. Considering such explosive growth, it’s clear that IntelMarkets (INTL) is reshaping the competitive landscape in ways few have expected.
Uniswap (UNI) DeFi Dominance Fails to Boost Lagging Price
Uniswap (UNI) remains a force in the decentralized exchange space, continuing to secure its position with 0.2% market dominance. In the past month, Uniswap (UNI) has experienced consistent growth, benefiting from the rise in decentralized finance activity.
Its role in the DeFi ecosystem remains crucial, with many projects relying on Uniswap (UNI) liquidity and infrastructure. However, despite the solid performance, UNI’s price still lags far behind its all-time high, and competition in the DEX space is fierce.
With Uniswap (UNI) more than 82% behind its 2021 peak, investors may grow wary of its ability to sustain long-term growth. Worse, Uniswap (UNI) is 53.8% below its cycle high.
SUI’s 12% Decline Sparks Concerns About Competition
On October 14, SUI crossed $6 billion in market cap, making it the highest-performing token at the time. Shortly after SCION launched on SUI’s testnet, the token registered an over 85% increase in one month.
The network’s performance improvements and integration into key DeFi projects have helped boost its price to a $2.23 all-time high. However, SUI is heading downward again in a rally that didn’t last up to 2 weeks. Compounding the situation is the token’s inflation rate of 171.88%.
Market experts closely watch the overnight bullish SUI, indicating neutral sentiments. Some associate the 12% decline with competition in the Layer-1 space. In response, SUI investors are hedging their investments with IntelMarkets.
Why IntelMarkets (INTL) Is Poised to Disrupt the Market
IntelMarkets (INTL) disrupts crypto trading by introducing perpetual futures, 1000x leverage, and dual-chain functionality—all on the Ethereum and Solana blockchains. From beginner to pro, IntelMarkets (INTL) offers flexibility in trading, opening access to thousands of pairs of assets.
Traders can use perpetual contracts to hold positions indefinitely, gaining greater flexibility without the limitations of expiration dates. Advanced risk management meets the ultimate speed of trade execution and minimum slippage to ensure catching maximum market opportunities.
Besides, IntelMarkets (INTL) has been leading the latest innovations in security, with an earnest campaign of Route X21 aimed at integrating quantum-proof technology into the platform to protect against potential threats from quantum computing.
Unlock 4,000% Growth Potential with the IntelMarkets (INTL) Presale
The IntelMarkets presale has only reached the third stage of an incredibly unique entry position at $0.0274. For those familiar with early-stage crypto projects, this entry point has the potential to surge 4,000% within the presale phase alone. It is expected to surge in the post-listing market, capturing the whole crypto trading market.
Join the Movement:
Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.