Why Are Traders Shifting From Ripple (XRP) and Cardano (ADA) to This New AI-DeFi Protocol? Here are 2 Key Reasons
IntelMarkets’ (INTL) upside potential and AI-DeFi narrative spark a shift in sentiment from Ripple (XRP) and Cardano (ADA). Its impending transformation of the crypto trading scene and adoption make it a must-have.
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While top altcoins are popular, their appeal probably ends here. Their large market sizes mean growth is limited. Alternatively, new cryptocurrencies like IntelMarkets (INTL), a novel AI-DeFi protocol, have more room for growth than, say, Ripple (XRP) and Cardano (ADA).
Another factor fueling a shift from top crypto coins to this new ICO is its bullish narrative: AI and DeFi. It stands at the intersection of two of the world’s most disruptive innovations, earning shouts of the “best crypto to invest in.”
IntelMarkets (INTL): 2024’s Best Presale?
IntelMarkets (INTL) is the latest favorite on the investment block, with traders pivoting from Ripple (XRP) and Cardano (ADA). Two key reasons driving demand and fueling interest are its growth prospects and AI-DeFi narrative.
Its integration of AI into DeFi trading has been hailed by experts as groundbreaking. The Intelli-M trading system can perform rigorous technical calculations from multiple markets in seconds, allowing traders to maximize opportunities across asset classes. By employing a range of advanced real-time processing tools to improve trading performance, notably trading bots, INTL is set to be at the forefront of the $36 billion global crypto trading market.
The presale costs $0.018 in stage 2, providing a low entry. Amid rising interest, over $550,000 has been raised in early funding, alongside another $550,000 from Fortune 500 investors. With a projected 50x upside after its debut, it is arguably the best presale.
Ripple (XRP): Projected $1.5 Before the Year’s End
Ripple (XRP) might not be as popular as Ethereum or BNB but has been in the spotlight courtesy of its long-drawn legal tussle with the SEC. The fintech company Ripple was accused of breaching securities law in 2020 by Wall Street’s top guy.
This was the beginning of its woes as it fell below $1. But with a final judgment given—a $125 million penalty—Ripple (XRP) is poised to reclaim lost price levels. The 85% decline from its all-time high of $3.84 makes it even more attractive.
Following the recent market bounce, the XRP price gained traction. It retails at $0.58 and next on its target is flipping the $0.60 resistance. Meanwhile, an XRP price prediction for Q4, stirring up much buzz, hints at a rally above $1.5 before the year’s end.
Cardano (ADA): $2 By Q4
Cardano (ADA), a top 10 cryptocurrency, is another popular altcoin. The Layer-1 blockchain platform assists with the creation of decentralized applications, popularly called dApps in the crypto landscape.
Like most top cryptos, the Cardano price skyrocketed following the recent bounce. Over 10% uptick has been recorded in the past seven days, hovering around the $0.4 support. Unchanged, or rather, more bullish market conditions, will push the price further, making it one of the best coins to invest in.
Meanwhile, with the year’s final quarter quickly approaching, forecasts have become unsurprisingly bullish. A Cardano price prediction for Q4 hints at a rally above $2, placing it on the list of the best altcoins to invest in.
Conclusion
IntelMarkets’ (INTL) integration of AI into DeFi and its huge upside potential are key factors contributing to the shift in sentiment from Ripple (XRP) and Cardano (ADA). Its range of advanced real-time processing tools will see it transform the crypto trading scene, making it a new DeFi project to watch out for.
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