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Kriptoteka > Market > Ethereum > Whales Back New Crypto Contender Amid Trump’s Bullish Remarks
Ethereum

Whales Back New Crypto Contender Amid Trump’s Bullish Remarks

marcel.mihalic@gmail.com
Last updated: September 18, 2024 1:34 am
By marcel.mihalic@gmail.com 5 Min Read
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Contents
Ripple: Notable analyst with an ambitious forecastEthereum: Potential for a rallyIntel Markets: A next-generation trading platformFinal thoughts

Disclosure: This article is not investment advice. The information and materials presented on this page are intended for educational purposes only.

Donald Trump’s optimistic comments on cryptocurrency have ignited interest, leading significant investors to target new coins like Intel Markets, which has successfully sold over 36 million tokens.

The cryptocurrency market is rebounding as Donald Trump makes positive remarks. In a recent teaser for World Liberty Financial’s launch, Trump expressed his commitment to embracing cryptocurrencies. Additionally, he criticized large banks, labeling them as outdated. In this context, individuals are looking for innovative cryptocurrencies with substantial growth opportunities.

One of these promising assets is Intel Markets (INTL), according to some Ripple and Ethereum investors. Currently, the project is in the first stage of its presale, with over 36 million INTL tokens sold. While analysts like Steph Is Crypto and CryptoBullet continue to forecast positive outcomes for Ripple (XRP) and Ethereum (ETH), Intel Markets is currently attracting significant attention.

Ripple: Notable analyst with an ambitious forecast

Ripple prices have been climbing on the charts. CoinMarketCap data indicates a nearly 10% surge in Ripple’s price over the past week. Crypto analyst Steph Is Crypto has also made an ambitious forecast. In a recent X post, he suggested Ripple could reach $40.

This forecast follows Grayscale’s announcement of its XRP Trust being available to eligible accredited traders. Many view this as a bullish signal, potentially paving the way for a Ripple ETF. Given these developments, other market analysts are similarly optimistic about Ripple, with predictions suggesting a price increase to $0.62 by the end of October.

Ethereum: Potential for a rally

Ethereum is also witnessing some upward movement. Over the past week, its price has fluctuated, according to CoinMarketCap. Leading market commentator CryptoBullet suggests that Ethereum is now transitioning out of its bear market. In a recent X post, he explained that Ethereum is currently in the capitulation and accumulation phase, forecasting two price points: $0.088 and $0.11.

VanEck has recently announced the closure of its Ethereum ETF to switch to an Ethereum ETP. This move has generated excitement as it may provide direct access to the real-time price of Ethereum with lower costs. Consequently, experts are predicting a possible price rise to $2,500 for Ethereum next month.

Intel Markets: A next-generation trading platform

Intel Markets is currently generating buzz in the cryptocurrency world. Its presale has performed remarkably, accumulating over $270,000 and potentially aiming for $1 million before the end of September. Market interest in this initiative is soaring as Intel Markets integrates into the AI sector. Statista anticipates the AI market will reach $184 billion by the end of 2024.

At its core, Intel Markets will merge AI and blockchain technology to deliver a distinctive AI-driven smart trading platform. This platform will feature self-learning trading robots that improve over time by analyzing their mistakes. Moreover, Intel Markets will empower traders with the opportunity to access 1000x leverage on their investments—a significant advantage over its competitors.

Investors looking to back this initiative are currently acquiring the INTL token. During Stage 1 of its presale, the token is priced at $0.009. However, Stage 2 may see a 100% increase to $0.018. Some analysts believe this is merely the beginning, forecasting an 11x growth as INTL approaches a major Tier-1 exchange listing shortly.

Final thoughts

With its innovative combination of AI and blockchain technology, Intel Markets appears poised for a bright future in the cryptocurrency sector. The platform is strategically positioned to leverage the anticipated growth. Additionally, given that INTL has a smaller market cap compared to Ripple and Ethereum, it is expected to experience faster appreciation with less new money. Investors have recognized this potential and are keen to capitalize on Intel Markets and the broader AI market.

For further details about Intel Markets, check out the website, and connect on Telegram and Twitter.

Disclosure: This material is provided by a third party. crypto.news does not endorse any products mentioned on this page. Users should conduct their own research before making any decisions related to the company.

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