Toncoin (TON) Continues to Dip as Founder Faces Legal Challenges

Toncoin (TON), the native token of the Telegram application, faced major challenges when founder Pavel Durov was arrested at a French airport.

The cryptocurrency market is preparing to enter the final quarter of the year, and analysts are expecting some altcoins to have a major bullish run. While September has historically been a bearish month for the crypto world, experts believe that this year could be different.

Some of the catalysts that could lead to a bullish Q4 for altcoins include the US FED Rate Cut and the inflows observed in Bitcoin Spot ETFs.

As we approach the final stretch of this market cycle, investors are keeping a close eye on projects that could have a game-changing impact. Among the standout candidates are Telegram's token Toncoin (TON) and the AI trading platform IntelMarkets (INTL).

Toncoin (TON) Continues to Dip as Founder Faces Legal Challenges

Toncoin (TON), the native token of the popular messaging application Telegram, encountered significant challenges recently when its founder, Pavel Durov, was briefly detained at a French airport.

Since then, investors in TON have faced a barrage of bearish news. Toncoin (TON)'s price has taken a noticeable hit amid concerns over the decentralized nature of The Open Network.

Over the past seven days, TON has lost more than 15% of its market value. On the 24-hour charts, the altcoin shows a concerning drop in volume as it trades down over 1%.

According to experts, TON might require a substantial consolidation phase before the project can experience a resurgence. In the meantime, investors are shifting their attention towards other, more promising projects.

Among these is IntelMarkets (INTL), which is introducing cutting-edge features and attracting the confidence of the market.

IntelMarkets Causes Frenzy With Ethereum Partnership Announcement

IntelMarkets (INTL) is a next-generation trading platform that uniquely deploys AI on its blockchain layer to provide advanced trading tools and data to investors.

The platform has garnered massive attention with its founding team, which comprises members from Google, Open AI, and Renaissance Technologies.

Traders have flocked to IntelMarkets (INTL) for features like the Intelli-M multi-channel analysis and the platform's self-learning robots. Thanks to the platform, retail investors can now access insights comparable to enterprise tools that cost millions.

With these standout features, IntelMarkets (INTL) has outshined competitors in the market. The latest development in this regard is the platform's collaboration with Ethereum to deliver the first dual-chain experience to users.

This development will allow the platform to natively integrate with both Solana and Ethereum without requiring extensive bridging on the back end. The result is faster transaction settling, processing speed, and a safer trading experience.

Investors are already jumping into the presale at the $0.009 price to become early holders of the INTL token. Having raised over $225,000 within days, IntelMarkets (INTL) has also received a $1 Million grant from UAE-based investors for the development of its quantum-proofing platform.

According to experts, the price of the platform is set to increase another 500% this year before it gets listed on Tier-1 exchange. If you're looking to be a part of the next big wave in the crypto world, be sure to check out the IntelMarket platform.

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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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