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Cryptocurrency News Articles
3 Altcoins Set to Explode by November as Donald Trump Extends Support to the Crypto World
Oct 23, 2024 at 11:00 pm
Experts have identified altcoins that will soar explosively by November amid the optimistic market sentiment. These coins include Sui Blockchain, Dogecoin (DOGE), and IntelMarkets (INTL).
Donald Trump’s recent support for the crypto world has sparked optimism among inventors and analysts, leading to a surge in Trump’s polls, which is seen as good news in the crypto realm.
Experts have identified three altcoins that will soar explosively by November amid the optimistic market sentiment. These coins include Sui Blockchain, Dogecoin (DOGE), and IntelMarkets (INTL). Their market performances and unique value propositions explain why all three coins are set to soar.
1. Sui Blockchain (SUI): Mysten Labs Launch Walrus Protocol Testnet
The Sui blockchain has experienced massive growth in the past few months, ranking among the top 100 cryptocurrencies by market capitalization. On October 14th, the Sui coin surged to an all-time high of $2.36, surprising the entire market.
However, the token has suffered some losses in recent days. But, according to data on CoinMarketCap, the Sui blockchain is still trading 480% higher than its lowest point of $0.3643, which was reached in October 2023.
The team behind the Sui Blockchain Network, Mysten Labs, has launched the public testnet for the Walrus Protocol. This new solution is designed to enhance the blockchain’s user experience and data storage capabilities.
The 14-day RSI shows bullish sentiment toward the SUI blockchain, as it is trading above the 50 mark. Analysts are predicting that the cryptocurrency could reach a 10-fold surge in the upcoming months, possibly reaching the $5 price mark. Hence, November might be the month that sees a massive 10x surge in the Sui blockchain’s momentum.
2. Elon’s Support for Dogecoin (DOGE): Bulls Take Notice!
The social media posts of the CEOs of SpaceX and Tesla have a significant impact on the price of Dogecoin (DOGE), which is currently the eighth-largest cryptocurrency by market capitalization.
The meme coin rose to prominence after Tesla’s CEO began posting memes about Dogecoin in 2020. Over the past week, the meme coin has surged, reaching a weekly high of about $0.1493, a 17.93% increase. But it is yet to surpass its record high of $0.7376, which was recorded on May 8, 2021.
Recently, Musk’s statement led to a shift in Dogecoin (DOGE) price as he showed his support. On October 15, Musk took to the social media platform X, posting “D.O.G.E. will fix it,” while retweeting an article from the Los Angeles Times, which stated that California officials had limited SpaceX’s ability to conduct launches within the state boundaries.
With the support for Musk’s statement and the overall optimism driven by Trump’s statements, market experts are anticipating a 10x surge for Dogecoin (DOGE) in the upcoming weeks. Hence, Dogecoin (DOGE) might be a valuable investment in this bull run.
3. IntelMarkets (INTL) Brings Institutional Trading to Everyone
The new AI-driven platform, IntelMarkets (INTL), has shown remarkable growth and is backed by innovative offerings, making it one of the best investment options of this bull run.
IntelMarkets (INTL) is a new trading platform with a customized blockchain that is powered by artificial intelligence. It is designed to democratize AI trading by leveling the playing field for institutional and retail investors with its lofty ambitions.
This is evident in their ongoing presale, which just crossed a major milestone by raising over $1.5 million from investors across the globe. It is safe to say that the cryptocurrency market has never witnessed such amazing presale growth, which is unfolding at an unprecedented pace. Currently, they are in stage 4, offering each INTL token for just $0.037.
But what IntelMarkets is bringing to the table is a whole lot more – a slew of cutting-edge AI-powered tools, to be precise. These features include a dual-chain trading option on Ethereum and Solana networks, AI-trained robots that make every trade profitable, and X21 route development for quantum-proof security.
As IntelMarkets (INTL) made history by having $500k staked over just 48 hours, experts are predicting massive gains for IntelMarkets in the upcoming days. INTL token is expected to surge to 1100x upon its official launch on major CEXs.
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