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Cryptocurrency News Articles

From Bitcoin’s Successive All-Time Hits to Altcoins Soaring, November Has Been an Exciting November—Or “Pumpvember,” as It Is Popularly Called Within the Crypto Community

Nov 27, 2024 at 11:00 pm

With December promising further upswings, this post will cover the price predictions for Dogecoin (DOGE) and Cardano (ADA).

From Bitcoin’s Successive All-Time Hits to Altcoins Soaring, November Has Been an Exciting November—Or “Pumpvember,” as It Is Popularly Called Within the Crypto Community

Cryptocurrency prices have soared in November, with Bitcoin (BTC) hitting new all-time highs and altcoins like Dogecoin (DOGE) and Cardano (ADA) also enjoying strong gains.

With December promising further upswings, this piece will cover the price predictions for DOGE and ADA.

Moreover, the rising interest in IntelMarkets (INTL), a new AI crypto, will be explained. Its significant upside potential, fast-rising community and novel AI-powered trading platform are some of its many appeals.

IntelMarkets (INTL): A New Trader Favorite

IntelMarkets (INTL), among the top ICOs, has become the latest favorite among traders. The presale is selling out fast, having recently crossed $2.4 million. Its novel AI-powered trading platform, massive growth prospects and fast-rising community are the heart of its appeal.

The above explains why the presale has been selling out fast. In the sixth stage of the ICO, a token costs just $0.054 and is projected to witness a 55x rally after its debut. This low entry plus huge upside potential makes it one of the best coins to invest in—perhaps a more compelling option than Toncoin (TON) and Cardano (ADA).

Further, its AI-powered trading platform is set to transform the $36 billion global crypto trading landscape. In addition to integrating AI across all levels, other distinguishing features will include its 1,000x leverage on capital, self-learning trading bots and dual-chain functionality. Its compatibility with the Solana and Ethereum blockchains will make it a force to be reckoned with in the crypto trading scene.

Toncoin (TON): A New Peak by December?

Toncoin (TON), one of the top altcoins, continues its recovery. After a disappointing few weeks, the Toncoin price soared over 8% in the past seven days, hovering above $6. It increased by 21% on the monthly chart, suggesting a shift in market structure.

With the month quickly coming to an end, December promises more gains. Technical indicators like the 200-SMA and 20-VWMA are bullish signals pointing to further upswings in the Toncoin (TON) price. A breach of the $6.9 resistance will clear a path toward a new peak—flipping June ATH of $8.24.

However, a decline below $6 might see it retest the $4.7 support. Notwithstanding, experts are optimistic about a rally this December. Popular forecasts point to a new peak before Christmas, placing it among the best cryptos to invest in.

Cardano (ADA): Primed for Further Upswings

Cardano (ADA), a top crypto coin, swings high. It is having a remarkable month, soaring alongside the wider crypto market. Despite the price dip in the daily timeframe, the Cardano price has risen 25% in the past seven days and 180% on the monthly chart.

It trades above $0.9, gearing up to reclaim $1. The bulls pushing the price above $0.9 will likely boost confidence, sending the price above $1.5. Moreover, technical indicators like the MACD level (12, 26), 10-EMA and 10-SMA point toward further gains.

Further, theCryptoHome, a crypto analyst, expects Cardano (ADA) to hit $2 by the end of December. Given its rising adoption and institutional appetite, it is set for more gains—one of the altcoins to watch out for.

IntelMarkets (INTL): Is it a Better Choice Than Toncoin (TON) and Cardano (ADA)?

IntelMarkets (INTL) is an up-and-coming cryptocurrency with plenty of room for growth. Industry experts predict a 55x upswing after its launch, driving huge investor interest, not to mention its AI-DeFi narrative. With the community growing, it might be a more compelling alternative than top crypto coins like Cardano (ADA) and Toncoin (TON).

News source:nulltx.com

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Other articles published on Dec 01, 2024