The crypto market regains momentum, with sentiment turning bullish. Amidst the excitement, another notable development is Grayscale’s new investment product: XRP Trust. With investors now gaining exposure to the payment-based altcoin via a trust, is an ETF on the horizon?
Meanwhile, interest shifts to Sui (SUI) and IntelMarkets (INTL) amid a jump in sentiment. The former ranks as one of the week’s biggest winners, while the latter, an upcoming top cryptocurrency, has become the latest favorite after raising $250,000 days into the presale.
IntelMarkets (INTL): A New AI-Powered Trading Platform
IntelMarkets (INTL) is one of the best ICO presales, standing out thanks to its unique offerings and substantial upside potential. Hailed as innovative, it merges AI technology with blockchain and DeFi, aiming to build the first AI-based blockchain and trading platform.
This unique approach will set it apart from conventional players as it will integrate AI across all trading levels. Its self-learning trading bots are also designed to handle high data volumes, assisting retailers in their journey to becoming the top 1% of traders. Another distinguishing feature is its dual-chain functionality, as it runs on and supports the Ethereum and Solana blockchains.
The above contributes to the rising investor interest, poised to reshape the $36 billion global crypto trading market. Massively discounted at $0.009 in the first stage of the ICO, investors have been flocking in droves to the presale. Meanwhile, a 55x upswing is projected after its debut, set to outclass Ripple (XRP) and Sui (SUI) in gains.
Ripple (XRP): Price Skyrocket Amid Launch of New Trust
Ripple (XRP), a top-10 cryptocurrency and one of the most fundamentally solid altcoins, is at the heart of the current market buzz. Its real-world applications as a protocol for cross-border payments make it a favorite among institutional investors, not only retailers.
By also bridging the gap between crypto and TradFi, it continues to gain rapid adoption. In recent XRP news, Grayscale, one of the world’s largest asset managers, unveiled XRP Trust. This announcement was made on September 12, with the Trust now open to eligible individuals and institutional investors.
As expected, XRP price reacted positively to this development. It increased 6% on the daily charts, trading comfortably above the $0.55 support and tipped for a breakout above $0.6 in the coming days. Next in line might be an XRP ETF, especially with the final judgment in the Ripple-SEC case.
Sui (SUI): Sights Set on Regaining $1.5
Sui (SUI), a Layer-1 blockchain, boasts strong technical foundations and prioritizes user experience. It is one of the top altcoins, ranking among the top 30 cryptocurrency. Given its solid fundamentals and leading status, it is no surprise that it is an investor favorite.
Noteworthy is its budget-friendliness—one of the most underpriced tokens. The Sui price recently broke above $1. It saw a 25% upswing in the past seven days, pushing it to a monthly high. Amid this rising interest, analysts project future gains for the Sui crypto.
Some catalysts to watch out for are Bitcoin’s rally above $60,000 and a Fed rate cut. This combination will likely push Sui (SUI) above $1.5 before the month’s end—an altcoin to watch out for.
Conclusion
The launch of Grayscale’s XRP Trust was followed by a price rally, with an ETF seemingly next in line. Meanwhile, investors are showing keen interest in Sui (SUI) and IntelMarkets, an emerging cryptocurrency at the crossroads between AI, blockchain and DeFi. To become an early adopter, you can check out the INTL presale.
Discover More About Intel Markets:
Presale: https://intelmarketspresale.com/
Buy Presale: https://buy.intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
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