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Cryptocurrency News Articles
Gemini AI Predicts Major Rallies for SUI, Chainlink (LINK), and a Secret New Contender, IntelMarkets (INTL)
Oct 24, 2024 at 05:02 am
As these coins gear up for a Halloween boost, investors are eager to discover what's fueling these trends and which project might lead the pack.
Gemini AI, a renowned crypto analysis platform, has unveiled its latest predictions for the upcoming Halloween rally in the cryptocurrency market. According to their analysis, three coins are poised for significant price rallies: SUI, Chainlink (LINK), and a surprising new contender, IntelMarkets (INTL).
As these coins prepare for a spooky boost, let's delve into the factors fueling their trends and uncover the project that might lead the pack.
SUI Surges Past Competitors With 58 Million Transactions In October
SUI has outperformed many established projects in the market, boasting superior performance and durability. The L1 platform clocked an impressive 58.37 million transactions, far exceeding Solana's 35.41 million transactions between October 3 and 5. This remarkable surge is just a snippet of the milestones SUI has achieved in the past several weeks.
The market largely attributes this surge to SUI's introduction of SCION, a novel infrastructure designed to enhance network speed, security, and reliability. Moreover, a surge in memecoin activity and the launch of Grayscale's SUI Trust are credited with helping drive its TVL to cross $1 billion for the first time.
These developments prime the project for a surge, aligning perfectly with Gemini AI's prediction for SUI's rally ahead of Halloween.
LINK's 4% Weekly Growth: What's Driving This Positive Market Trend?
Another coin that Gemini AI has predicted for a price rally before Halloween is Chainlink (LINK), which has been displaying strong market vitality recently. Over the last week, Chainlink's (LINK) price has surged by nearly 4% to $11.9. The coin's market capitalization has also seen a substantial increase, reaching $7.50 billion.
Corresponding with this price rally, LINK's trading volume is also trending upwards, reaching $251.89 million, indicating a surge in investor interest. This growth can be attributed to a recent development within the Chainlink ecosystem.
Chainlink (LINK) has partnered with leading financial institutions, such as Euroclear, Swift, and Franklin Templeton, in a groundbreaking initiative to standardize corporate activity data processing.
The project integrates blockchain technology and artificial intelligence to tackle the previously disjointed dissemination of business data across global markets. This effort is expected to garner strong attention in the coming days, promising a clearer market reaction.
IntelMarkets (INTL) Presale Surges Past $1.5M—Here's Why Investors Are Flocking to It
Finally, a new coin that has captured the attention of investors is IntelMarkets (INTL), a decentralized platform aiming to revolutionize financial markets. The presale for INTL tokens has already raised over $1.5 million, with investors eager to capitalize on the potential gains.
So, what makes INTL so promising? The platform boasts several unique features:
It combines CeFi and DeFi to offer a user-friendly and accessible experience for both retail and institutional investors.
INTL integrates advanced AI technology to optimize trading strategies and enhance decision-making processes.
The project aims to create a decentralized financial hub by aggregating top CeFi and DeFi protocols.
These attributes have fueled strong demand for INTL tokens during the presale, setting the stage for a potential price rally in the lead-up to Halloween.
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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- Tesla Still Holding Its $780M Bitcoin Stash, Despite Moving the Funds to New Wallets: Arkham Intelligence
- Oct 24, 2024 at 12:20 pm
- Blockchain analytics firm Arkham Intelligence has, on the microblogging platform X, recently revealed it believes Tesla's wallets movements “were wallets rotations with the Bitcoin still owned by Tesla.”
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- 2024 Crypto Market Predictions: Qubetics, Chainlink, Cardano, and Ethereum Poised for Explosive Growth
- Oct 24, 2024 at 12:20 pm
- As the cryptocurrency market heats up, analysts are keeping a close watch on key projects poised for explosive growth. In this article, we dive into the latest predictions for Qubetics, Chainlink, Cardano, and Ethereum.
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- BTC Market Anticipates Extra Volatility and More Liquidity as Regulator Approves More U.S. Spot Bitcoin (BTC) ETF Options
- Oct 24, 2024 at 12:20 pm
- Market commentaries have piled in as the regulator approved more U.S. spot Bitcoin [BTC] ETF options. On the 18th of October, the U.S. Securities and Exchange Commission (SEC) gave a go-ahead for the products on the NYSE (New York Stock Exchanges) and Cboe (Chicago Board Options Exchange).