|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
Bitcoin (BTC), Solana (SOL), Cardano (ADA), and IntelMarkets (INTL) Become Investor Favorites
Nov 21, 2024 at 04:00 pm
A buying frenzy unfolds as Bitcoin (BTC) goes on price discovery. Leading the altcoin market and spurred by the meme frenzy is Solana (SOL).
As Bitcoin (BTC) price engages in price discovery, a buying frenzy has gripped the market. Leading the altcoin surge and fueled by the memecoin frenzy is Solana (SOL), which enthusiasts believe will explode this cycle in what they're calling a “Solana supercycle.”
Meanwhile, investors are flocking to Layer-1 token Cardano (ADA) and new AI crypto IntelMarkets (INTL). While ADA has basked in the limelight following a recent upswing, INTL is projected to explode after its highly anticipated launch.
Investors have had their eyes glued to IntelMarkets (INTL) recently. It boasts a unique combination of AI and DeFi, along with remarkable growth prospects. Furthermore, its AI-powered trading platform and upcoming integration into the crypto trading scene make it a new DeFi project to consider.
Unlike traditional platforms, it will integrate AI at all levels, becoming the first modern-generation trading protocol. This approach has been met with enthusiasm, and INTL also stands out with its advanced trading bots that are trained on over 100,000 data points. These bots provide access to top-tier trading strategies and can process large volumes of data within seconds. Crucially, they can learn from their mistakes and real-time trading data.
These factors will make IntelMarkets (INTL) a strong contender in the $36 billion global crypto trading market. Being hailed as the future of trading, its current price of $0.054 during the sixth ICO stage presents a favorable entry point.
At the same time, over $2.4 million has been raised in early funding, setting it up for a 75x rally after its market debut.
Solana (SOL): Is The SOL Supercycle Real?
Recently, Solana (SOL) flipped BNB to become the fourth-largest cryptocurrency by market capitalization. According to some, this is just the beginning, as SOL is among the altcoins to watch out for this cycle.
Over the past seven days, the Solana price has increased by over 15%, and on the monthly chart, it has risen by 40%, trading above $235.
Despite a slight decrease, thebullish momentum is still strong. DBoardCrypt, a crypto analyst, suggests that SOL could retest its old ATH ($260) and rally toward $300 and $600 in the coming months. Another analyst, CryptoRus, believes we could see SOL at $4,000 by the end of this cycle.
These projections indicate the possibility of a Solana supercycle, especially given the intense interest in memecoins. Moreover, technical indicators such as the MACD level (12, 26) and the SOL price remaining above the 10-EMA ($224) and 10-SMA suggest future price gains.
Cardano (ADA) Breaks Out Above $0.8
After a stellar performance, the Layer-1 token Cardano (ADA) has basked in the limelight. The Cardano price has soared by 50% on the weekly chart, crossing $0.8 and outperforming most top altcoins. It has skyrocketed over 120% in the past 30 days, solidifying its status among the top crypto coins.
It has flipped $0.78 from resistance into support, generating excitement within the crypto community. According to Oren, the next target is a breakout above $1, which they believe will happen in the coming week. Another analyst, Onehellofarun, sees $1.50 as its next stop.
With key indicators such as the 9-HMA and 20-VWMA hinting at further gains, Cardano (ADA) is among the best coins to invest in. The coming weeks and months promise a huge bullish wave and it is no surprise that ADA is an investor favorite.
IntelMarkets (INTL) Might Be The Real Force Against Solana (SOL) and Cardano (ADA)
While Solana (SOL) and Cardano (ADA) are trading upward, IntelMarkets (INTL) might be the real force to be reckoned with. Its AI-powered trading platform is set to revolutionize the crypto trading landscape, positioning it for adoption and growth.
Moreover, given its rapidly growing community, it is a new coin to keep on the radar.
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!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Bitcoin (BTC) Price Nears $100K, Market Cap Approaches $2 Trillion, Would Rank 6th Globally If It Were a Company
- Nov 21, 2024 at 08:30 pm
- Bitcoin price nearing $100K, market cap approaching $2 trillion. If Bitcoin was a company, it would be 6th biggest globally just behind Amazon and just ahead of Aramco