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Cryptocurrency News Articles
The best crypto to buy for 10x profits: IntelMarkets (INTL)
Oct 09, 2024 at 10:55 pm
With a bull run coming ahead, many investors are still asking if Cardano (ADA) will be the next to see 10x gains by Q1 2025.
With a bull run on the horizon, many investors are still wondering if Cardano (ADA) will be the next coin to achieve 10x gains by Q1 2025. However, according to analysts, such a leap is unlikely for ADA.
The attention is now shifting to newer coins, such as IntelMarkets, that can achieve this high ROI. On the other hand, Solana (SOL) is set to experience one of the biggest token unlock events.
Solana, one of the top altcoins in the market, is expected to unlock 524,030 SOL tokens, which is currently valued at around $78.57 million, in the next week. According to Wu Blockchain, the tokens to be unlocked are 0.11% of Solana's circulating supply.
The unlock is expected to take place sometime between October 8th and October 14th.
In the meantime, the Solana coin is facing bearish sentiment, which could worsen with the upcoming unlock.
According to TradingView data, the Solana price has dropped below the 200-SMA, which is currently at $146.73. The token is following the price movements in the broader cryptocurrency market.
Solana has been consolidating in the range of $120 to $160 for the past month. In the coming months, the Solana token could reach new highs.
The expected launch of Solana ETFs and the bull run could be all the token needs to reach the March 2024 high of $209.
In a recent tweet, crypto analyst Dan Gambardello claims that Cardano is 10x stronger this season compared to the last cycle. He highlights several factors that have contributed to the network's growth over the past three years to support his statement.
Gambardello points out that the Chang Hard Fork has made the Cardano network community-owned, ultimately leading to decentralization.
The analyst also discusses Cardano ADA's resilience as it remained among the top ten altcoins despite the significant downtrends in recent months.
Solana is currently trading close to the 50-SMA, which is at $0.35834. Due to its high market cap and the recent market sentiment, it is unlikely to reach a 10x ROI by next year. However, analysts believe that the price could reach $0.62433.
Many industry experts believe that IntelMarkets (INTL) is the best cryptocurrency to invest in now, given its unique approach in the $36.5 billion crypto trading platform market.
The project aims to integrate aspects of blockchain, Decentralized Finance, and Artificial Intelligence into its upcoming traditional trading platforms.
The personnel working on the project are former executives from MIT, OpenAI, Renaissance Technologies, and Goldman Sachs. IntelMarkets will provide advanced trading tools and features to retail traders.
The AI platform is designed to allow traders to trade using AI robots. The bots learn from their mistakes and can improve on them.
Furthermore, IntelMarkets has other features in trading such as charting software, Intel-Array technology system and more. It also boasts features like a dual-chain structure, 1000x leverage for high profits, high liquidity, and fast transaction speed.
Now in the third stage of its presale, IntelMarkets’s INTL coin is priced at $0.027364. Analysts predict that the price of the DeFi coin could increase by 10x to reach $0.2 by the first quarter of
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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