Recently, a report showed that there were 142K new US jobs in August—a lower number than the expected 164K. This could lead to a 25-point rate cut by the Federal Reserve. In this environment, traders are looking for the next big player in the crypto market. One thinks that he has found the perfect one—IntelMarkets (INTL), a crypto that may rival Ethereum (ETH) or Solana (SOL).
This Stage 1 presale star has already sold over 31M INTL tokens. Plus, it will tap into the AI market, which Statista says could be worth $184B in 2024. This has led many experts to see it as the next 11x crypto. CryptoJack made a bullish Ethereum (ETH) statement, while Solana (SOL) saw a rise in whale activity.
Ethereum (ETH): Prominent Analyst Is Still Confident
Ethereum (ETH) is a crypto coin that has recently faced some volatility. CoinMarketCap shows that the price of Ethereum dropped nearly 5% on the weekly chart. However, market analyst CryptoJack remains bullish for this crypto. In his X post, he says that Ethereum (ETH) will see a pump after bouncing from its support at $2,200.
If Ethereum (ETH) sits above this support level, it will turn bullish. Additionally, the Ethereum crypto is trading above its 10-day EMAs, which could mean buying pressure will rise. Due to all these factors, market analysts foresee this coin trading at $2,500 in their Ethereum price prediction for October 2024.
Solana (SOL): Whale Activity Soars
Meanwhile, Solana (SOL) has seen some exciting developments. Notably, Lookonchain revealed that a whale bought 34,807 Solana (SOL) tokens worth around $4.52M in just one day. This whale has also withdrawn 206,951 SOL from Binance and MEXC since February 7, 2024.
The Solana (SOL) value has jumped nearly 5% in the past week alone. Crypto analyst Jelle says this coin has held above the same support level since April 2024. Because of this Solana news and movement, experts predict that it could trade at $151 this October.
IntelMarkets (INTL): Showing Amazing Growth Potential
IntelMarkets (INTL) is a new project making a name for itself in the crypto arena. It is now in Stage 1 of its presale, which has raised over $250K. Some projections indicate that this number could hit $1M before the end of next week. People are excited about what IntelMarkets brings to the table.
This project will introduce a one-of-a-kind crypto trading platform that combines AI technology with an L1 blockchain. On this platform, people can access 1000x leverage on their capital which gives them flexibility. IntelMarkets will have Intelli-M™ robots that learn from their mistakes and automate your risk management, trading goals and profit targets. All these features could make IntelMarkets a fan-favorite for millions of crypto-traders worldwide.
The INTL native token will lie at the center of this project’s ecosystem. It is now worth just $0.009 in Stage 1 of its presale. Those who wish to support IntelMarkets are now buying this token. They will see massive returns as Stage 2 brings a value jump to $0.018 – a 100% return. Experts predict another 11x surge after a Tier-1 exchange lists INTL in Q3 of 2024 and more potentially before 2024 ends.
Final Remarks
When compared to Ethereum (ETH) and Solana (SOL), IntelMarkets does have some advantages. Since it is a rookie, it has a smaller market cap, which means INTL needs less money for its price to surge.
Additionally, IntelMarkets is tied to the hottest market right now—the AI market. If this market manages to be worth $826B by 2030, as Statista reports, the growth potential of IntelMarkets long-term is fantastic. Since it also has dual-chain functionality, IntelMarkets will support both the Ethereum (ETH) and Solana (SOL) blockchains. With all these factors, we believe that INTL could be the top crypto for fast returns.
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
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.