Whales Are Rotating From Cardano (ADA) at Historic Rates, Here’s Where the Money is Flowing

The crypto market is going through a rough patch at this time of the year. Many coins have faced intense fluctuations since the last month including Cardano (ADA) and SUI Blockchain. Therefore, considering these circumstances, particularly the Cardano price drop, whales are now turning their heads to more promising projects like IntelMarkets (INTL) .

It is a cutting-edge platform that aims to deliver promising gains with its revolutionary AI-driven solutions. Keep on reading to find out what this platform has to offer.

Cardano Price Experiencing Bearish Momentum

ADA has been a promising investment opportunity for traders in the past. However, over the last few weeks, Cardano Price has shown considerable fluctuations. Throughout the previous year, ADA has faced a constant decline after March. However, in December, Cardano’s price peaked between $1.2 to $1.3 but it has failed to break through these resistance levels even up till now.

In the last seven days, Cardano price has declined more than 5% . As of 22 January, ADA is trading at around $0.9.

Source: CoinMarketCap

Considering from a historical lens, analysts are also speculating that the Cardano price might be following a previous trend from September 2021. However, given the immediate outlook, Cardano price is surrounded by a bearish momentum.

Industry insiders believe if Cardano (ADA) falls from its key support level at around $0.9 it might experience a significant plunge. Hence, Whales are moving toward more promising projects like IntelMarkets (INTL) .

SUI Fails to Maintain Investor Confidence

SUI blockchain is a layer-1 platform that is built on strong technical foundations. It delivers enhanced efficiency as compared to traditional blockchain networks with the help of object-centric data models. The price of the SUI token is also going through significant volatility currently. In fact, after reaching an all-time of around $5.37 in early January, SUI had a sharp decline.

Source: CoinmarketCap

In the past week, it dropped below a critical support level which was at around $4.2 signaling a bearish momentum. Analysts suggest that it could mark the end of the long upward movement and SUI might enter a price correction phase. In these critical conditions, experts suggest IntelMarket (INTL) could offer the stability that whales are looking for.

IntelMarkets: The New Hub for Whale Investments

IntelMarkets (INTL) is emerging as a new focal point of whale investment. Considering the dramatic price shifts of ADA and SUI, investors are now putting their trust in this AI-powered platform. This can be seen in its remarkable presale performance. It has gathered $7.2 million plus till stage 9 with over 12 million tokens sold.

The reason that Whales are rushing to become a part of this platform is because it is backed by a team of experts from prestigious organizations including Open AI and MIT. Unlike traditional platforms, IntelMarkets (INTL) has incorporated Omnichannel processing to simplify the trading process for large stakeholders. This feature uses Intell-Array™ to generate precise signals by conducting an in-depth market analysis from multiple sources.

IntelMarkets also features a portfolio management tool with which users can track their portfolios and analyze their performance in real time. This is particularly beneficial for institutional investors who need to assess the profitability of their diverse crypto holdings.

Furthermore, INTL sets itself apart from its competitors by introducing Route X21. This cutting-edge protocol protects users’ funds from advanced quantum computing threats. Hence, all these features contribute to the strong prospect of this platform, making it a popular choice among investors.

Final Thoughts

As ADA and SUI blockchains are showing bullish trends, analysts still expect them to recover from their decline. However, the bullish sentiment around the Cardano price has prompted whales to move toward better alternatives. Analysts are connecting their decline to broader macroeconomic conditions. Therefore, they suggest moving toward more secure and promising options.

IntelMarkets (INTL) is trusted by many experts because of its innovative AI-driven approach and promising returns. It is expected to transform the trading experience completely.

Find out more about IntelMarkets (INTL):

Presale: https://Intelmarkets.io/

Buy Presale: https://buy.Intelmarkets.io/

Telegram: https://t.me/IntelMarketsOfficial

Twitter: https://x.com/intel_markets