As the crypto market heats up, so does the search for the next big thing. Amid rising sentiment, a guru trader with a $1 million portfolio grabbed a big bag of IntelMarkets (INTL), sending ripples across the ICO world.
This new blockchain-based project stands at the intersection of AI and DeFi trading, gearing up to reshape the crypto trading scene. Given its bullish AI-DeFi narrative and significant growth prospects, it has been tipped by experts to surpass top crypto coins like Ripple (XRP) and Cardano (ADA).
IntelMarkets (INTL): The Next Big AI Crypto
IntelMarkets (INTL), a new AI coin, captures market interest, standing out thanks to its bullish narrative and real-world applications. Also driving interest and demand is its astounding growth prospects, hailed by industry experts as the best crypto to invest in this quarter.
In just a few weeks since debuting on the ICO block, over $1 million has been raised in funding, soaring past most new ICOs. A token costs only $0.027 in the 3rd stage, set to jump to $0.036—a 33% increase—in the next round. Meanwhile, analysts project a 100x rally after its debut, potentially surpassing Ripple (XRP) and Cardano (ADA) in price.
Regarding its unique offering, it will build the first AI-powered trading platform. Hailed as a trailblazer, it will integrate artificial intelligence across all trading levels, offering users unprecedented computing power. Its self-learning trading robots, alongside dual-chain architecture (compatible with the Solana and Ethereum blockchains), will put it at the forefront of the $36 billion crypto trading market.
Ripple (XRP): 10% Downturn in the Past 7 Days
Ripple (XRP), despite gathering significant traction the previous month, now faces bearish pressure. The factor behind its poor performance is the SEC’s appeal of the August decision of a US federal court.
In August, Judge Analisa Torres imposed a $12 million fine on Ripple (XRP) for the institutional sales of tokens. Interestingly, the final decision was just a fraction of the SEC’s $2 billion claim. Hence, it wasn’t entirely surprising when the regulator filed a notice of appeal in the Ripple case.
As expected, this development was met with a decline in the XRP price. It tumbled by over 10% on the weekly charts, exchanging hands around $0.53. However, a bounceback is anticipated, according to a recent XRP price prediction. With sights set on reclaiming $0.65 in the coming days, it is an altcoin to watch.
Cardano (ADA): 2% Downturn; Further Downsides?
Cardano (ADA), one of the top altcoins by market cap, is a popular name in the crypto landscape. It ranks among the top 15 cryptocurrencies, highlighting its leading status and market dominance. However, following a period of decline, it trades on the downside.
Amid a shift in sentiment and quest for the next big things, investors have been largely overlooking Cardano (ADA). The Cardano price slid by over 2% in the past 7 days, trading at $0.34. A forecast points to a potential decline below $0.3 before a more sustained bullish trajectory.
Nevertheless, its outlook for the rest of the year is promising. Another Cardano price prediction suggests a jump above $0.85 before the curtain closes on the year. At the current market price, it might be a good crypto to buy.
Conclusion
Traders have been doubling down on IntelMarkets (INTL) thanks to its substantial growth prospects and impending transformation of the crypto trading market. As it sails toward adoption and gears up to flip the price of Cardano (ADA) and Ripple (XRP), it is among the best cryptos to invest in.
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