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Cryptocurrency News Articles

Whale October Watch: This 1M Follower X Analyst Reveals Which 3 DeFi Altcoins You Need to 10x Your Investments

Oct 19, 2024 at 12:30 am

A renowned X analyst trusts altcoins like SUI, Fantom (FTM), and IntelMarkets (INTL) to grab 10x more gains by investments.

Whale October Watch: This 1M Follower X Analyst Reveals Which 3 DeFi Altcoins You Need to 10x Your Investments

A renowned X analyst has revealed their top picks for altcoins that could potentially yield 10x gains, and they include SUI, Fantom (FTM), and IntelMarkets (INTL). These altcoins are poised for impressive growth, fueled by their strong fundamentals and promising outlooks.

According to the analyst, major coins like Fantom (FTM) and SUI are exhibiting bullish dominance, setting the stage for a surge in their prices during this bull run. These stealthy cryptocurrencies are now poised for unprecedented 10x gains.

Joining these established players is the emerging AI wonder - IntelMarkets (INTL), which is attracting investors with its impressive growth and affordable entry points. The recent bullish momentum brings optimism for Fantom and SUI, while IntelMarkets (INTL) is also heading toward the heights of gains.

Fantom's (FTM) Market Sentiment Turns Bullish

Fantom (FTM) is a decentralized platform for DApps and digital assets, aiming to overcome the limitations of previous blockchains. It offers scalable and secure infrastructure, staking rewards, and DeFi tools, making it a stellar performer in the current bull run.

With a market cap of $2.07 billion, Fantom (FTM) has shown an increase of 1.58% in the past 24 hours. Currently, the altcoin is trading at $0.7398, having risen 10.25% in the past week.

A falling channel breakout rally is observed on the daily chart, followed by a consolidation phase between $0.6727 and $0.74. The latest uptick in positive momentum resulted in a breakout from the consolidation zone, crossing the 50% Fibonacci barrier.

Fantom (FTM) achieves lightning-fast transaction speeds of up to 20,000 transactions per second, outpacing significant competitors, thanks to its cutting-edge consensus algorithm, Lachesis. Its scalable architecture ensures minimal gas fees, averaging significantly lower costs than Ethereum.

Moreover, Fantom's decentralized finance (DeFi) ecosystem has experienced rapid growth, with a substantial increase in total value locked (TVL).

SUI Price To Surge Due To Promising Outlook

SUI is a next-generation layer-1 blockchain platform that combines scalability, security, and power. It addresses blockchain inefficiencies for seamless decentralized app development by leveraging an object-centric data model and Move programming language.

With a market cap of $5.76B billion, SUI has increased by 0.73% in the past 24 hours. Currently, the altcoin is trading at $2.08, showing a 14.62% rise in the past week.

A falling channel breakout rally is observed on the daily chart, followed by a consolidation phase between $0.2.066 and $0.2.079.

Sui (SUI) has surged 7% and crossed the $20 million mark in its presale, fueled by bullish market sentiment. 93% of technical indicators signal a buying opportunity.

A 10.5% increase has been predicted by October 18, 2024, with potential price ranges of $2.15-$3.31 in October, $0.866-$3.30 in November, and $1.23-$2.23 in December.

This indicates an upward movement of prices to a potential 198.2% return on investment (ROI) by October 2024, making SUI an attractive prospect.

IntelMarkets (INTL) Emerges As An Unbeatable Competitor

IntelMarkets is making a big splash in the crypto world, setting the stage for a considerable price surge that could leave crypto titans behind. Priced at only $0.02, experts believe it could increase by 5000%.

The AI platform stands out given its sophisticated trading capabilities, blazingly quick execution, and unique dual-chain configuration utilizing the Ethereum and Solana blockchains.

Now is the perfect time to invest, with only 67.01 million tokens remaining in the current presale stage and the price rapidly climbing. With the dual chain technology, traders may select this blockchain as it best suits their trading approach, increasing their performance and flexibility.

By combining data from more than 1,000 sources, Intelli-M data consolidation allows IntelMarkets to provide real-time data insights. It additionally offers a 1000x leverage option for high-leverage trading, allowing traders to optimize their profits.

Discover More About IntelMarkets:

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Other articles published on Nov 15, 2024