Donald Trump’s victory in the 2024 US presidential election sparked a huge market frenzy, sending BTC and altcoins to the upside.
While Bitcoin registered a new peak after soaring past $75,000, top altcoins like Cardano (ADA) and Avalanche (AVAX) skyrocketed.
At the same time, IntelMarkets (INTL), a novel AI coin, has become a new whale favorite. Its bullish narrative makes it a new DeFi project to watch.
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IntelMarkets (INTL): The Latest Whale Favorite
IntelMarkets (INTL), the viral AI coin, is the latest whale favorite. The rising interest and demand can be linked to its bullish AI narrative, solid fundamentals and huge growth prospects. Gearing up to reshape the crypto trading scene, it has been hailed as the best presale to invest in.
It is currently in the fifth ICO stage, massively undervalued and underpriced. A token is priced at $0.045, with its low entry one of the key factors behind the presale selling out fast. At the time of writing, over $1.9 million has been raised in early funding, soaring past most new ICOs.
With a projected 65x upswing after listing on Tier-1 exchanges, it is arguably the best new crypto to invest in. Beyond the gains, its impending transformation of the $264 billion crypto trading market with AI makes it a strong contender against top crypto coins like Cardano (ADA) and Avalanche (AVAX). Its AI-powered trading platform will offer users unprecedented computing power and assist them in becoming the top 1% of traders.
Cardano (ADA): Returning to the Top 10
Cardano (ADA) is a popular Layer-1 token and blockchain. Its DeFi platform is one of the most frequently visited destinations, contributing to its rising adoption and growth. The recent rally pushed it back on the list of the top 10 cryptocurrencies.
The Cardano price gained over 4% in the past 7 days, retailing above $0.36. A crypto analyst is optimistic about a rally to $7 and $10 by 2025, positioning it as one of the top altcoins to invest in. With an altcoin season on the horizon, it might pull one of the biggest surprises.
At the same time, technical indicators like the exponential moving average (10) and the simple moving average (10), at 0.350 and 0.348, respectively, hint at more gains. Tipped to cross $0.5 in the coming days, it is one of the altcoins to watch.
Avalanche (AVAX): 4% Upswing in the Past 7 Days
Avalanche (AVAX) was on the last bull train, trading in tandem with the overall crypto market. It shrugged off recent bearish pressure, aiming for a breakout. Moreover, its Layer-1 blockchain is one of the most popular—a platform for decentralized applications and custom blockchain networks.
With an already impressive performance this year—a 100% upswing on the yearly chart—its latest price action is promising. The Avalanche price jumped by over 4% in the past seven days, retailing above $27. An enthusiast recently made a bold forecast, predicting 1 AVAX will be worth $1,000 by 2025.
While this Avalanche price prediction might be ambitious, considering its 2021 all-time high was $146, indicators nonetheless point to significant growth. TradingView’s MACD level (12, 26) is at −0.44 and moving averages point towards a “strong buy,” which are bullish indicators.
Is IntelMarkets (INTL) the Next Big Thing After Cardano (ADA) and Avalanche (AVAX)?
Cardano (ADA) and Avalanche (AVAX) traded upward following the post-election rally. Meanwhile, IntelMarkets (INTL), a new AI crypto, has been hailed as a new contender. Its AI-powered trading platform is poised to reshape the crypto trading landscape, setting it up for massive adoption.
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.