Logo
Cardano Ecosystem

Blockchain Reporter

10/23/2024

·

59 views


Price Analysis: Solana Hits $165, But IntelMarkets’ 5000x Potential With $1.5M Presale Will Race Ahead Cardano

The cryptocurrency market is always exciting, and the established coins like Solana (SOL) and Cardano (ADA) are always fluctuating. Although these popular altcoins could see some growth, emerging cryptos such...

Price Analysis: Solana Hits $165, But IntelMarkets’ 5000x Potential With $1.5M Presale Will Race Ahead Cardano

The cryptocurrency market is always exciting, and the established coins like Solana (SOL) and Cardano (ADA) are always fluctuating. Although these popular altcoins could see some growth, emerging cryptos such as IntelMarkets (INTL), which is close to becoming a $1.6 million presale and is having people talk about a 5000x rally, are gathering all the attention.

Solana (SOL): Riding High at $165 But Facing Resistance

Currently trading for $165, Solana continues to show that it’s one of the leading altcoins in the market. Solana is known for its extreme scalability and speed and has played a big role in the building of decentralized applications (dApps). It also has a rich DeFi and NFT ecosystem.

Solana (SOL), at the start of the year was trading at $100, it has spiked over 65% in less than a year to $165. But, even though this is a tremendous growth, certain experts advise that Solana will struggle to reach its all time high of $260 that was achieved in November 2021.

However, a recent run by Solana has taken the crypto market by storm, with more and more investors eyeing this coin, it’ll be hard to replicate something that explosive in the future. Since newer and more innovative cryptos like IntelMarkets do exist, Solana’s upside may be limited compared to cryptos with a more innovative approach.

Cardano (ADA): Primed for a Comeback?

Another heavyweight in the cryptocurrency space is Cardano (ADA). It is built on research driven development and has developed a reputation of having a decentralized platform in dApps.

After starting 2024 off with a high of $0.6, Cardano has seen a rocky year and is currently sitting at around $0.36, far from its all-time high of $3.10 seen in September 2021. Its recent price action is suggesting it could be about ready to make a comeback, with some analysts predicting it could retest $0.50 by the end of the year.

Similar to Solana, Cardano has a large market cap, now above $12.7 billion, which means it’s far less likely to see that level of explosive growth that IntelMarkets is expected to deliver. Cardano is still a decent alternative for conservative investors seeking moderate profits.

IntelMarkets (INTL): The 5000x Crypto to Watch

Solana and Cardano are two very well known players in the market with great futures. Unlike them, emerging cryptos like IntelMarkets have a huge upside potential since they do not have a large market cap. IntelMarkets is gearing up to lead the next bull run with its AI powered trading platform, after AI-DeFi Trend keeps gaining traction.

In the midst of a plethora of altcoins, IntelMarkets (INTL) is the undisputed leading player in the AI-DeFi arena. IntelMarkets aspires to alter the methods by which assets are exchanged all across the world with an one of a kind AI fueled trademethod. Both AI trading and decentralized finance experts are predicting explosive growth. 

Currently sitting at $0.036, the token is already $1.5M in its presale. IntelMarkets is a friendly low cap gem and has much more area for growth particularly because of it not having a past bull run. Excitement around this project started from the very launch itself with a massive 5000x rally predicted on top of already impressive performance.

Conclusion

Solana (SOL) and Cardano (ADA) have both had a great past few months, but their upside potential is nearly capped since their large market caps and well established positions within the market. On the contrary, IntelMarkets (INTL) offers a far more compelling opportunity for people eager for life changing gains. This is one of today’s best altcoins to invest in due to its AI powered exchange platform, low entry price & explosive growth potential.

Before IntelMarkets gets to its market debut and the anticipated 5000x movement, there’s no better instance than the presale of $1.5M to stock up on IntelMarkets tokens.

Buy Presale

Website

Telegram

AD

Cardano Catalyst Project - Discover and Vote for our proposals in Fund 13 by December 12, 2024 11:00 UTC

If you are you using your ADA to vote in Cardano’s Project Catalyst don’t forget to voice your vote. We would be excited if you can see, comment, share and vote for us. Cast your vote today, find our proposals by searching "CardanoFeed" in the Voting App.Vote for Us


Read Original Article on Blockchain Reporter

ORIGINAL SOURCE

https://blockchainreporter.net/price-ana...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


An image that says Learn Blockchain technology and get ahead in the industry with a link to the Cardano Academy.

More from Blockchain Reporter

See more
AdaDeng: The Meme Coin That’s About to Dominate Cardano – Don’t Miss The Presale
Blockchain Reporter
AdaDeng: The Meme Coin That’s About to Dominate Cardano – Don’t Miss The Presale

last Wednesday at 3:10 PM

·

10 views

Related News

See more

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)