In 2023, Changpeng Zhao, popularly known as ‘CZ’, the founder and former CEO of Binance, pleaded guilty to fraud and money laundering charges. After serving a 4-month sentence, he is set to be released from prison on September 29.
With the crypto community buzzing with excitement, one can’t help but wonder if this could be a bullish catalyst for Binance Coin (BNB). Ripple (XRP), also a top altcoin, is one to watch out for, especially with its SEC case finally concluding.
At the same time, investors have been shifting to IntelMarkets (INTL), a novel AI-powered DeFi protocol. Its trailblazing approach, not to mention its significant upside potential, makes it a new DeFi project worth keeping on the radar.
IntelMarkets (INTL): Transforming the Crypto Trading Scene and Huge Growth Prospects
IntelMarkets (INTL), an AI-powered DeFi protocol, takes a different approach from established players. Integrating AI into all trading levels, INT will be the first modern-gen trading platform. Further, its trading robots are designed to identify market opportunities and take appropriate positions.
This unique approach puts it on track to reshape the $36 billion global crypto trading market, sparking early demand. Another of its distinguishing features is its dual-chain functionality. The exchange will be supported by both the Ethereum and Solana blockchains, with users having the flexibility to choose.
With over $280,000 raised in the first stage of the presale and rapidly selling out, investors can’t seem to get enough. Meanwhile, a token costs just $0.009 and is tipped for a 55x rally post-launch. Hailed as the future of crypto trading, it is a new altcoin to watch ahead of Binance Coin (BNB) and Ripple (XRP).
Binance Coin (BNB): Rally Past $700?
Binance Coin (BNB), a top-5 cryptocurrency and the native token of the Binance ecosystem, is one of the most popular names in the crypto scene. It facilitates exclusive token sales on the BNB Smart Chain and is also used for payments, granting it tangible applications.
Despite the arrest of former CEO Changpeng Zhao last year, the BNB coin showed remarkable resilience. On the yearly charts, there has been a 150% uptick in its value, trading above the $530 support. Meanwhile, in the past seven days, a 3.5% upswing has been recorded, highlighting its remarkable price actions across different timeframes.
With former CEO CZ set to be released from prison on September 29, bullish forecasts have been flying around. As a big figure in the crypto scene, analysts anticipate a jump past $700 for the Binance coin, making it a good crypto to buy at the current price. While this is, at best, a guess, it is nonetheless one of the altcoins to watch.
Ripple (XRP): Eyes a Retest of the Annual Peak
Ripple (XRP), a top-10 cryptocurrency by market cap, ranks high on the altcoin list. It facilitates cross-border transactions and aims to bridge the gap between TradFi and DeFi as a payment processor. While it has battled with regulatory uncertainty after the years-long tussle with the SEC, the case is now “finally over.”
It’s clear regulatory landscape, plus Cz’s release from prison, might just push the price up. The XRP price rose 9% on the weekly chart, retailing above $0.58. Meanwhile, according to forecasts, it might retest its annual peak of $7.1 in the coming weeks.
Another bullish catalyst to watch out for is the upcoming US election. On the cusp of skyrocketing, Ripple (XRP) is positioned to go on one of the biggest runs this year. To make the most of this wave, now is a great time to stack up.
Conclusion
With former Binance CEO Zhao to be released from prison on September 29, bullish forecasts about Binance Coin (BNB) and Ripple (XRP) have been flying. Meanwhile, IntelMarkets (INTL), a novel DeFi protocol that intersects with AI, has become an investor favorite. Its 55x upside potential makes it a must-have.
Discover More About Intel Markets:
Presale: https://intelmarketspresale.com/
Buy Presale: https://buy.intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
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