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Cryptocurrency News Articles
Analysts Discover New Crypto That Can Beat Tron’s (TRX) 200% Growth in Q4, Ripple (XRP) Whales Move 400M XRP
Sep 30, 2024 at 01:00 am
Since 2022, the price of Tron (TRX) has been on an uptrend. It soared from a low of $0.05 in November 2022 to a high of $0.16 in September 2024
After a downturn in the crypto market in 2022, several coins showed signs of recovery in 2023. One of such coins is Tron (TRX). The coin has been on an uptrend since the beginning of the year.
According to IntoTheBlock, Tron settled about $100 billion in on-chain volume last week. This huge figure shows an increase in on-chain activity, which could be a sign that more people are using the blockchain.
The altcoin price had fallen as low as the $0.150015 region, according to CoinMarketCap. However, TRX remained above the 50-SMA at $0.146653 and the 200-SMA at $0.131287. Analysts predict the Tron price could soar to $0.182452 within a short period. Such potential has made it a good cryptocurrency to buy.
After several price drops in 2022, XRP showed signs of recovery in 2023. The coin has been trading within a narrow range with bulls aiming for a breakout to the $0.6 region. Several large XRP movements were reported by Whale Alert.
In a series of tweets, Whale Alert reported several large consecutive transfers for Ripple (XRP). According to the data, more than 400 million XRP were sent in five transactions. Of the five transactions, four were sent in a row to two addresses on the blockchain.
Three transfers were 95,000,000 Ripple (XRP), which at the time of the making was valued at $55,524,354. The fourth one sent 98,852,249 XRP with the equivalent of $57,776,166. These large Ripple XRP transactions were made between wallets, which end in -1h7Bn and -zSoQbF.
These large transactions come at a time when Ripple coin is trading in the $0.5 range. Bulls are planning to climb to the $0.6 region, resting on two major supports at the 50-SMA ($0.56938) and 200-SMA ($0.550498). TheMoonCarl predicts the value of Ripple crypto could surge to $1.9000 in the long term.
As the cryptocurrency market continues to expand, several new projects are emerging with the aim of capturing the attention of investors and traders alike. One such project is IntelMarkets (INTL), a cryptocurrency that has attracted attention within the crypto community.
With the second stage of the presale underway, IntelMarkets has managed to cross the $560k mark in funding. At this rate, the cryptocurrency could cross the $1 million mark in total funding before the end of October.
This new cryptocurrency has sparked interest among crypto whales, thanks to its unique approach, which combines blockchain and AI to create a new trading platform. This platform will be fully automated and use artificial intelligence, offering users fast processing speeds that aren't seen on many trading platforms.
The project also boasts a team of top experts from MIT, OpenAI, and Renaissance Technologies, who are set to propel the project to new heights.
In addition to being a cryptocurrency, IntelMarkets also provides its users with access to a wide range of asset pairs, which they can trade with 1,000x leverage. This high leverage allows them to earn big on small capital investments by taking wide positions.
Currently priced at $0.018 in the second stage of the presale, INTL is still quite cheap. According to analysts, the price of the DeFi token could increase by 1,100% after listing.
With IntelMarkets making strides in the cryptocurrency industry, it is steadily becoming a topic of interest as to whether it can surpass Tron’s (TRX) 200% growth.
Due to its connection to the $36.5 billion global crypto trading market and AI tools, analysts believe IntelMarkets is well positioned to seize the market potential and give investors huge returns.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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