The mixed reaction in the crypto scene can be linked to the market’s upswing and the arrest of Telegram CEO Pavel Durov. While most top altcoins swung high, Toncoin (TON) plummeted but is believed to have bottomed out.
Meanwhile, smart money has been doubling down on Avalanche (AVAX) and this new AI-powered exchange protocol, Intel Markets (INTL). Their unique offerings and significant upside potential place them on the list of must-have coins.
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Intel Markets (INTL): Tipped to Become 2024’s Biggest Breakout Star
Intel Markets (INTL) is a novel AI-powered trading platform set to shake up the blockchain space and global crypto trading scene. Savvy investors have been betting on this emerging cryptocurrency thanks to its growth prospects and unique offerings.
The global crypto trading market is expected to reach $347 billion by 2030, which it aims to break into and reshape. It will integrate AI into crypto trading, giving traders enough computing power. Advanced features like vetted and profitable trading bots, 1,000x leverage on select assets, copy trading and customizable trading indicators will turn newbies into seasoned traders.
On the cusp of adoption, the presale has been selling out fast. Just a few days after going live, almost $200,000 has been raised in the first stage of the ICO. Its low-entry point is one of its biggest attractions, with a token priced at only $0.009. With a projected 100x gain post-launch, it is tipped to be this year’s biggest breakout star.
Toncoin (TON) Maintains $5 Support
Toncoin (TON), the Telegram-based cryptocurrency, has been one of the year’s biggest highlights. The TON Foundation’s vision is to onboard millions of crypto users and empower developers to build a Web3 ecosystem on Telegram. This has been met with huge success, with Notcoin (NOT) and DOGS (DOGS) as notable examples.
However, the arrest of Telegram CEO Pavel Durov over the weekend casts a big shadow. The Toncoin price plummeted, touching $5.1 earlier this week. Despite the cascading sell-off and intense FUD, the $5 support held.
Given its resilience, the bottom might be in. A Toncoin price prediction suggests a breakout above $6 in the coming days. It is also on track for an all-time high, either in celebration of Durov’s release or rebellion. Either way, a jump past the current ATH of $8.2 is on the cards.
Avalanche (AVAX): Poised for a Breakout Above $25
Avalanche (AVAX), a DeFi powerhouse, is a platform for decentralized applications (dApps) and custom blockchains. It is one of the favorite DeFi destinations, hot on the heels of Ethereum and Solana. Its higher transaction output gives it a competitive edge.
Given its remarkable performance this week, up by about 5%, the Avalanche coin outpaced many top altcoins. Capturing the attention of smart money, further upsides are anticipated, making it an altcoin to watch out for.
The Avalanche crypto is set for a breakout above $25, placing it on the list of good cryptos to buy. A jump past $50 is projected in quarter four, explaining the growing interest and demand. Considering its substantial growth prospects, it is a promising wave to take advantage of this week.
Conclusion
Toncoin is on track for a breakout after bottoming at $5. Meanwhile, smart money has been betting on Avalanche and Intel Markets, a new ICO. This emerging crypto is set to go on price discoveries after its launch, tipped for a 100x jump.
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
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.
