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Cryptocurrency News Articles
The Cryptocurrency World Thrives on Their Chase for the Next Big Thing, and They Often Have to Pick the Right One Even When It Isn’t Tokenized by All the Market Players
Oct 24, 2024 at 12:00 pm
The cryptocurrency world thrives on their chase for the next big thing, and they often have to pick the right one even when it isn’t tokenized by
The cryptocurrency space thrives on the pursuit of the next big thing, often having to pick the right one even when it isn’t tokenized by all the market players. The likes of Ripple(XRP), Cardano(ADA) have made a mark amongst the top contenders, but they might not be able to deliver the same explosive growth as other early stage projects may promise. IntelMarkets (INTL) is one of these emerging stars that have already attracted hefty investments.
The post election rally could already have a standout crypto in IntelMarkets, which has hit over $1.5 million in presale.
While XRP and ADA may seem like obvious choices for those looking to multiply their crypto investments, a closer look reveals that their potential is limited due to factors such as ongoing legal battles and a fully realized use case, respectively.
Here’s a quick overview of XRP and ADA, followed by a look at why IntelMarkets (INTL) might be a better choice for those looking to make the most of the post election crypto rally:
Ripple (XRP): Uncertainty Amid SEC DramaFor an extended period of time now, Ripple (XRP) has been at the forefront of cross border payments with a fast and affordable solution that has caught the eye of banks and other financial institutions. But Ripple has also had its fair share of headwinds competing against the U.S. Securities and Exchange Commission (SEC) in ongoing legal battles. The uncertainty surrounding XRP’s future has cast a cloud over the future of the token in this case, since investors are yet to get clarity on its regulatory status.
At the moment, XRP is trading for $0.53, down from just last month, let alone year to date. Also, the current price is well down over 6% in the past week, a sign of investor caution that the legal battle is a drawn out one. While XRP definitely has a clear use case for international payments, it doesn’t seem that its upside potential is anywhere near as big as with newer projects like IntelMarkets (INTL) which are expanding in untapped areas.
An optimistic price prediction for XRP has it rallying to $1.5 by the end of the year, but the heights it could reach pale in comparison to the potential of some other opportunities.
Cardano (ADA): Strong Fundamentals, Limited GrowthA highly talked about Altcoin, Cardano (ADA) developed with a focus on launching a decentralized platform for dApps (decentralized applications) development. It is a favorite for developers and long term investors due to its strong fundamentals and its more academic approach to bringing blockchain technology to fruition.
Even with a solid foundation, Cardano has been left with the same problem that most coins with a large market cap have; you can’t push them much higher because they are already quite big. ADA did see great growth in the past however, it may not be as good a choice for one seeking life changing gains.
Trading at $0.35, ADA is still one of the most stable options in the crypto market, its market size is too big, and newer projects steal the attention which limits its potential for serious growth. While a return above $0.50 may be possible, experts predict a comeback won’t be as fast as some think, especially when compared to the gains of early projects.
IntelMarkets (INTL): The Viral Crypto with Millionaire BackingIntelMarkets (INTL) isn’t just another cryptocurrency, it’s a tech project that delivers the perfect blend of AI, DeFi, and blockchain tech in one platform. The project goal is ambitious, aiming to revolutionize the crypto trading market with AI powered trading algorithms that are able to analyze vast amounts of data and take real time action.
The presale has resonated with investors, and especially the high net worth individuals, who keep pumping in money. IntelMarkets (INTL) has raised $1.5 million so far and is consistently proving it has what it takes to go up against names already established in the space. Right now, it’s still on presale at a low $0.03 with huge upside potential before the rest of the market inevitably catches on.
ConclusionRipple (XRP) and Cardano (ADA) are solid projects whose own merits aside, may not be producing the type of returns investors are looking for in the current market. However, IntelMarkets (INTL) is offering itself to be the platform of choice for those keen to cash in onto the life changing gains in the post election rally. Intriguingly, this emerging star has already hit a presale of $1.5 million, all while boasting the lowest entry price of this collection – $0.03 – meaning now might be a good time to stack up some of this rising star’s potential research power before it becomes the next big thing.
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- Volume Analysis of Terra Classic (LUNC) Token: Identifying Resistance Zones and Potential Price Movements
- Oct 24, 2024 at 04:25 pm
- In a recent analysis, Derek (@kimmyboy2) shared insights on the Terra Classic (LUNC) token, focusing on the critical role of trading volume in the price discovery process.
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- Shop Named 10 Cent Pancake Sells Local Version Of Viral Korean Coin Snack At $5 Each
- Oct 24, 2024 at 04:25 pm
- Not long ago, videos of the viral Korean 10 won cheese coin pancake and Japanese 10 yen pancake were everywhere on social media. These popular coin-shaped snacks are sold as street food overseas, usually stuffed with stretchy mozzarella cheese. Now, Singapore has its very own version, in the shape of our 10-cent coin.
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- Popcat (POP) Price Prediction 2023-2025: Will POP Hit $10 Soon?
- Oct 24, 2024 at 04:20 pm
- Popcat price has gone vertical, making it one of the best-performing coins this year. It has risen in the last three consecutive days, hitting a record high of $1.68 and bringing its valuation to over $1.6 billion.