The crypto market is having one of its best weeks. With Bitcoin (BTC) soaring past $65,000 and altcoins not left behind, the crypto chart is different shades of green. However, despite the uptick in the prices of Solana (SOL) and Cardano (ADA), this new token steals the spotlight: IntelMarkets (INTL).
A few weeks into the presale, a staggering $570,000 has been raised. This suggests confidence in its potential and value proposition—transforming the crypto trading scene. Combining AI with blockchain technology and DeFi, INTL fits the bill of the best new crypto to invest in.
IntelMarkets (INTL): 2024’s Best Presale?
IntelMarkets (INTL) became the latest buzz in the investment town after the recent fundraising milestone. Stealing the spotlight from top altcoins like Solana (SOL) and Cardano (ADA), it is on course to reshape the crypto trading landscape.
Its unique approach centers around an AI-powered smart trading platform. Unlike conventional blockchains, it will feature an AI-based proprietary blockchain, which is supported and runs on the Solana and Ethereum chains. This dual-chain architecture offers flexibility, allowing users to choose their preferred blockchain based on trading strategies.
As it prepares to transform the $264 billion crypto trading market, it has been hailed as the best crypto to invest in. Over $570,000 has been raised in early funding, alongside $550,000 from Fortune 500 investors. Priced at $0.018 in stage 2, its projected 6,500% upswing post-launch makes it a new DeFi project worth betting on.
Solana (SOL): Is a New ATH on the Cards?
Solana (SOL), one of the week’s top gainers, is a popular name in the Layer-1 ecosystem. Its unique offering is a blockchain platform for creating decentralized applications (dApps). It also hosts other cryptocurrencies and its meme ecosystem is one of the industry’s biggest.
Trading on the upside, the Solana price soared 6% on the weekly charts. This uptick continues: a 4% gain in the past 24 hours. It crossed the $150 resistance, racing toward the annual peak of $200—an altcoin to watch.
According to a top analyst, SOL is on track to register an all-time high before the year’s end. Unsurprisingly, this Solana price prediction is a subject of much buzz, highlighting why it is on the list of the best coins to invest in.
Cardano (ADA): 13% Uptick in the Past 7 Days
Cardano (ADA) hasn’t been quiet either as the crypto market skyrocketed. With Bitcoin leading the charge, it follows closely behind, outpacing most top altcoins. Rising adoption in the Layer-1 ecosystem can also be linked to its price jump.
As the crypto market swung high, so did the Cardano price. It soared 13% in the past 7 days, retailing at $0.4. On the daily charts, it is up 6%, hinting at rising interest and sentiment. With plenty of room for growth, considering the 85% decline from its $3.1 all-time high, it is among the best altcoins to invest in.
A rally above $1 is projected in the coming weeks. This Cardano price prediction further suggests an uptrend past $3 before the curtain closes on the year. Given its growth prospects and low entry, ADA is a good crypto to buy.
Conclusion
While Solana (SOL) and Cardano (ADA) registered significant upticks, IntelMarkets’ (INTL) remarkable presale performance stole the show. Further, its integration of AI into DeFi trading is set to reshape the landscape, putting it in the spotlight. Offering an opportunity to invest in the future of trading, it is a bullish wave worth riding.
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The post IntelMarkets’ (INTL) $570K Presale Steals the Spotlight From Solana (SOL) and Cardano (ADA) Despite Uptick appeared first on Blockonomi.
