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The excitement generated by Amina’s VASP application could lead to significant price increases for Toncoin, Intel Markets, and Ethereum.
The cryptocurrency market is experiencing renewed interest as the Swiss crypto bank Amina has applied for an Austrian VASP license. This development has traders on the lookout for cryptocurrencies that might see dramatic price increases. Analysts suggest that Toncoin, Intel Markets, and Ethereum are among those poised to rise significantly.
Recently, Toncoin announced its partnership with HOT Wallet, while Intel Markets celebrated the sales of over 31 million INTL tokens. In the meantime, Michaël van de Poppe made an ambitious prediction regarding Ethereum’s future.
Toncoin: HOT Wallet Integration Announcement
Toncoin has been in the spotlight lately. The project recently disclosed that HOT Wallet has become part of its ecosystem. They have integrated with TON and TON Connect, enabling access to the TON Network for over 21 million users. As a result, users can now send TON and jettons while trading on TON at competitive rates.
This positive news regarding Toncoin may trigger a market rally. The price of Toncoin has increased over 5% in the past week. Moreover, Toncoin is currently trading above its 10-day EMAs, indicating bullish momentum. Consequently, market experts anticipate that Toncoin could reach $6 by the end of October 2024.
Intel Markets: A New Era in Presales
Intel Markets is rapidly emerging as a star in the presale arena, successfully selling over 31 million tokens. The ongoing presale has been highly successful, raising more than $250k and potentially reaching $1 million before the end of September. Enthusiasm for Intel Markets is building.
This excitement stems from Intel Markets’ plan to launch the first AI-powered smart trading platform. With this innovation, users will gain access to over 1,000 technical resources via Intel Market’s multichannel analysis and restricted trades. Additionally, Intel Markets features dual-chain functionality compatible with both Ethereum and Solana blockchains, offering investors a comprehensive toolkit.
The INTL native token plays a critical role in this project’s framework. Currently priced at $0.009 in Stage 1 of its presale, it is anticipated to rise to $0.018 after Stage 2 begins — a 100% return for early investors. Once INTL is listed on a Tier-1 CEX, forecasts suggest an 11x increase to $0.11, possibly achieved by the end of 2024.
Ethereum: Positive Outlook from Experts
Ethereum has experienced some fluctuations lately. In the past week, ETH’s price dropped nearly 5%, according to CoinMarketCap. Nevertheless, crypto analyst Michaël van de Poppe remains optimistic. According to his recent X post, Ethereum has exhibited a bullish divergence and reached a higher low, suggesting that the current downtrend may soon reverse, benefiting the entire cryptocurrency market.
Additionally, with VanEck’s announcement to close its ETH ETF in favor of an ETH ETP, the outlook for Ethereum looks promising. This shift will provide real-time visibility into Ethereum’s price at reduced costs. Given these dynamics, experts predict Ethereum could soon rise to $2,500.
Conclusion
As the cryptocurrency market braces for a potential bull run, Toncoin, Intel Markets, and Ethereum may experience significant growth. However, Intel Markets stands out due to its connections in the AI sector, which Statista forecasts will reach $826 billion by 2030, showcasing tremendous long-term growth potential.
Furthermore, since Intel Markets has a smaller market capitalization compared to its counterparts, it requires less new investment for its price to increase, allowing early investors to achieve quicker returns.
For more information about Intel Markets, please visit the presale website and connect on Telegram and Twitter.
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