The bears are on a rampage, dragging prices down in their latest attempt. Bitcoin (BTC) fell below $100,000 but altcoins were hit the hardest. While Ripple (XRP) held strong and maintained the $2 support, Cardano (ADA) tumbled below $0.9.
Meanwhile, IntelMarkets (INTL), a new AI coin, defies expectations by hitting the $5 million fundraising milestone. This feat puts it head and shoulders above most new ICOs, with sights set on an explosive market debut.
IntelMarkets (INTL): The Best Presale to Invest in?
While most utility tokens are backed by venture capital firms holding most of the supply, IntelMarkets (INTL) prioritizes a fair launch. There will be no whales dumping on retailers or outrageous token unlock structures. This equal opportunity and fair launch is one of its many attractions, contributing to the presale hitting the $5 million fundraising goal in record time.
At the same time, as the presale progresses, so do the price increases—early investors have made over 700% ROI by buying at the initial price of $0.009. In stage eight of the ICO, a token costs just $0.073, with plenty of room to run. Industry experts, confident about its potential, predict a 95x gain after Tier-1 exchange listings, making it a must-have.
Further during demand is its unique offering: an AI-powered trading platform. Unlike conventional exchanges, it will integrate AI into DeFi trading, offering users unmatched computing power. At the same time, its trading robots will stand out as they will be able to learn from their mistakes and real-time trading data. Set to reshape the $36 billion global crypto trading scene, it is a compelling alternative to Ripple (XRP) and Cardano (ADA).
Ripple (XRP) Maintains the $2 Support
Ripple (XRP) has been one of the standout performers this week, especially as the crypto market took a big hit. It fought off the bears and maintained the $2 support. As of press time, the XRP price retails above $2.3, with a bounce unfolding.
MMatters22596, a top analyst on X (formerly Twitter), believes the top altcoin is at the end of its correction, projecting a rebound toward $4.50. Manovelent, another crypto trader and analyst, hints at a breakout above $5 in January after Trump resumes office.
Bullish technical indicators like the Bull Bear Power and the 9-HMA back these projections. Ripple (XRP) is a good crypto to buy at the current market price, especially considering its vibrant community and rising adoption. Notwithstanding, IntelMarkets, a new AI crypto, might have more room for growth as a low-cap gem.
Cardano (ADA) Falls Below $1
Cardano (ADA), one of the top crypto coins, hasn’t been as lucky as it lost key price levels. Following the latest market sell-off, the Cardano price tumbled below $0.9, sparking concerns among holders.
On the flip side, it is in an attractive buy zone. So, time to buy the dip? Technical indicators like the 9-HMA and Williams Percent Range (14) are bullish signals, hinting at a rebound, making Cardano (ADA) a top crypto to buy.
At the same time, Tanxcrypto, a top expert, believes ADA might hit $1.2 and $1.4 in the short term and $1.6 to $2.0 in the mid-term. For the long term, Dracius, a crypto trader and expert, has a “conservative” price prediction of $4 in the coming months. Despite this, new altcoins like INTL have more room for growth, especially in bull cycles.
IntelMarkets (INTL): Can it Outperform Ripple (XRP) and Cardano (ADA)?
IntelMarkets (INTL), a novel AI coin, has been one of this year’s biggest highlights. From soaring by over 700% to hitting the $5 million fundraising goal, it is poised to be one of this year’s biggest breakout tokens, potentially outperforming Ripple (XRP) and Cardano (ADA). As investors await its launch, it is a new DeFi project worth betting on.
For more information about IntelMarkets (INTL) visit the links below:
Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.