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Ethereum and Ripple’s whales are showing interest in Intel Markets, a rising star in the crypto market that could surge by 11x or more.
As the crypto market prepares for a potential rally, whales are looking at new projects with fantastic growth potential. One such project is Intel Markets – a Stage 1 presale contender that could surge by 11x or higher in 2024. Even big whales from crypto coins like Ethereum and Ripple are paying attention to it.
There were some exciting predictions for these big players as well. For instance, Poseidon says that ETH may see an expansion while XRP could experience a new ATH, as per World of Charts. However, whales are still turning to INTL – keep reading to find out why.
Ethereum: Time for expansion
Ethereum is one of the top crypto coins, but it has seen some volatility. CoinMarketCap data shows that the price of Ethereum fell nearly 5% on the weekly charts. This drop came as the Ethereum ETF struggled to gain momentum. For instance, the ETH ETF started September on a bearish note and a negative day.
Nevertheless, crypto analysts remain bullish. Poseidon says that manipulation is done for the Ethereum crypto. Additionally, this expert says that now is the time for expansion. He predicts a potential surge to the $3,200 level for ETH soon.
But, the technicals do not support this Ethereum price prediction. Right now, the exponential moving averages for ETH have been on a constant decline in the 1-day time frame. Plus, there is a bearish sentiment for Ethereum at the moment. Thus, whales are turning to other projects with more room for growth.
Ripple: Could see a surge
Ripple has also faced some turbulence. On the 1-week chart, the Ripple price fell nearly 5% as per CoinMarketCap. Not only that, CoinGlass shows that open interest for XRP dropped around 3% and now sits at $597m. This fall shows that people are slowly losing interest in this crypto.
But, crypto analyst World of Charts remains bullish. His X post says the Ripple crypto is consolidating within a multi-year symmetrical triangle. A breakout from this formation could cause a new ATH for XRP in the coming months.
However, XRP is still trading below its 50-day exponential and simple moving averages while having an RSI of 44. Because of these factors, market analysts have made a conservative Ripple price prediction – $0.60 before October 2024 starts.
Intel Markets: Potential for massive gains
Intel Markets is also capturing the spotlight in the crypto space. Its ongoing presale performance has been impressive so far. It has raised over $225k and is on track to reach $1m before the end of September. Since it could dominate the crypto trading market which Statista projects will see over 861m users by 2025, its future growth potential also looks great.
Essentially, Intel Markets will launch an AI-powered smart trading platform that lets people access restricted trades as well as copy trades from other traders. Intel Markets boasts 500x trade settlements compared to Starknet, dual chain functionality (Solana and Ethereum), and perpetual futures contracts with no expiration dates. All these features could make it a fan-favorite platform for millions worldwide.
Those looking to support this project are now rushing to its presale. Currently, the INTL native token is in Stage 1 and costs $0.009. But, this price is expected to see another 100% rise to $0.018 after Stage 2 begins. Since its listing price could be $0.11, whales are now rushing to stockpile this coin and get 11x the returns.
Closing remarks
With Intel Markets gaining momentum, whales can get many more opportunities for gains. This rookie has a smaller market cap than both Ethereum and Ripple. Thus, INTL needs less money for its price to skyrocket. Because of this, INTL could see faster growth and reach $0.60 by the end of 2024.
To learn more about Intel Markets, visit the official website, and its Telegram and Twitter accounts.
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