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Crypto Reporter

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BTC New ATH but Analysts Say Altcoins are Primed to Explode – 3 Altcoins to Watch: Shiba Inu (SHIB), Cardano (ADA) and IntelMarkets (INTL)

December 18, 2024 By Crypto Reporter

Bitcoin (BTC) was again in the spotlight after its new ATH, sparking questions about altseason. Considering the imminent shift in focus towards altcoin, analysts are optimistic about a full-blown bull run.

To avoid being sidelined, the three must-have cryptocurrencies are Shiba Inu (SHIB), Cardano (ADA) and a new AI coin, IntelMarkets (INTL). From their staggering growth prospects to their unique narratives, these are some of the best altcoins to invest in ahead of the next rally.

IntelMarkets (INTL): A New AI Coin to Watch Out For

IntelMarkets (INTL), an up-and-coming cryptocurrency, has skyrocketed over 700% since debuting on the ICO block. With FOMO in full swing, the presale has crossed the $4.9 million fundraising goal, outperforming most new ICOs.

Further driving interest is its fair launch—no whales holding a large percentage of the supply or VCs dumping on holders. The supply is fairly distributed, with investors having equal chances to participate in the ongoing presale. A token costs just $0.073 in the eighth ICO stage and is tipped to experience a 4,500% gain by Q1 2025 and after Tier-1 exchange listings.

Moreover, as an AI-powered exchange, it is primed to reshape the $347 billion crypto trading landscape. First, it will integrate artificial intelligence across all levels—the first to do so—and its trading robots will be trained on over 100,000 data points. Further, it will be supported by and can run on the SOL and ETH blockchains, making it a strong crypto alternative to Shiba Inu (SHIB) and Cardano (ADA).

Shiba Inu (SHIB): The Leading ETH Memecoin

Beyond the obvious, Shiba Inu (SHIB) is more than just a memecoin. Its vibrant ecosystem features utility-driven projects like Shibarium and ShibaSwap, attracting even more retail and institutional investors.

Despite recent turbulence, which, interestingly, puts it in an attractive buy zone, it maintains a 10% gain on the monthly chart, retailing above $0.000027. Its budget-friendliness—buying thousands or millions of units at a low price—makes it a retail favorite.

Other promising indicators are the Shiba Inu price hovering above the 200-EMA and 200-SMA, suggesting a bullish reversal. Moreover, a crypto analyst, AzharBashirMir, has $0.00015 as their price prediction for this bull run, while CryptoShibs believes the real target is $0.085. However, its upside potential is limited due to its large market cap, making IntelMarkets a better alternative.

Cardano (ADA): Primed to Skyrocket

Cardano (ADA) is one of the top altcoins and a good crypto to buy. As a provider of DeFi solutions, it is in huge demand and further attracts investors with its massive upside potential. Reflecting bullish sentiment, it skyrocketed over 45% on the monthly chart, changing hands above $1.

Further gains are on the cards, especially considering bullish indicators like the 30-EMA and Bull Bear Power. Crypto analysts are optimistic, serving as a vote of confidence in Cardano (ADA) and placing it on the list of the best cryptos to invest in.

Av_Sebastian, a top expert, anticipates a run toward $1.4 and $1.6 and a potential rally above $2. More bullish forecasts are as high as $10, positioning Cardano among the best cryptos to buy.

IntelMarkets (INTL): The Next Big Thing After Shiba Inu (SHIB) and Cardano (ADA)

Despite yet to debut on the crypto market, IntelMarkets’ (INTL) current momentum in presale—over 700% gain—is expected to fuel explosive growth. This makes the new AI coin a favorite among analysts alongside top cryptos like Shiba Inu (SHIB) and Cardano (ADA).

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Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

Filed Under: General News, News

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