Analysts say Intel Markets could become the largest crypto trading platform in the future. Meanwhile, DeFi supporters have criticized Buterin’s latest comment on the potential of the DeFi sector. Also, a whale recently moved 118 million DOGE to Binance.

Ethereum (ETH) Co-founder Criticized for Comments on DeFi

Ethereum co-founder, Vitalik Buterin has recently caused controversy with his recent comment on DeFi. This crypto enthusiast had been skeptical of DeFi as the primary driver of huge expansion in the cryptocurrency market. He said that DeFi is limited and can’t grow from 10x to 100x.

These comments elicited a lot of fury from members of the DeFi community. Defiance Capital founder Arthur Cheong pointed out that Buterin does not know the DeFi industry. Moving on, the Ethereum coin has been facing bearish pressure even after the launch of ETF.

The cryptocurrency is currently trading in the red zone on the monthly chart. Its market cap is fluctuating around the $250-$425 billion mark at the same timeframe. The value of Ethereum crypto must cross the 50-Day SMA ($3,009.98) and turn it into a support.

Dogecoin (DOGE): Whales Moves 118M DOGE, Will Price Drop?

According to a recent tweet from Whale Alert, a crypto data tracker, a whale moved over 118,925,431 DOGE (about $13.3 million) to the Binance exchange. The transfer has sparked panic in the crypto community.

Holders of Dogecoin crypto fear a sell-off could occur any time from now. Such a move might lead to a massive price decline. In the meantime, the price of the Dogecoin token has been trading within a narrow range ($0.08-$0.14) in the past month.

Its market cap is oscillating between $12 billion and $20 billion during this period. Going forward, the Dogecoin price has resistance at the 50-Day SMA ($0.114018) and 200-Day SMA ($0.134347). Turning these levels into support could lead to a massive rally in the coming weeks.

Intel Markets Gains Momentum, Raises Over $161k

Intel Markets (INTL) is an AI powered trading platform for cryptocurrencies that is becoming popular in the trading sector. It hopes to ride on the perpetual futures market with over $100 billion daily trading volumes to create the next group of crypto millionaires. First of all, the unique feature that distinguishes it from other competitors is the dual-chain infrastructure applied by Intel Markets.

The trading platform has Solana and Ethereum as the two available blockchains, thus letting the traders select the one they desire. Apart from this, Intel Markets offers an AI trading bot that traders can employ to study market trends and improve their trading. The interesting part is that the bot can be trained by the trader to emulate their trading style.

With the features listed above, analysts believe Intel Markets can rival top crypto guns like Dogecoin and Ethereum token. Currently, in the first stage of its presale, Intel Markets has raised over $161k in funding, signaling high interest from investors. Analysts forecast the value of Intel Markets’ INTL coin will rise by 10x in the coming weeks.