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Pundits suggest the best cryptocurrencies to invest in ahead of the November 2024 US elections are IntelMarkets (INTL), Ondo Finance (ONDO), Ripple (XRP), and Arbitrum (ARB).
This recommendation comes as both Presidential candidates, Donald J. Trump and Kamala Harris, proclaim their support for the crypto industry. While Trump was first an advocate of cryptocurrencies before his political rival, Harris has finally warmed up to this financial technology, drawing attention to INTL, ONDO, XRP, and ARB.
Will their backing of crypto spur a surge in the prices of these crypto assets? Read on to find out!
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IntelMarkets Primed For Growth Ahead Of US Elections
As the much-anticipated Presidential election in the United States of America draws closer, eyes are shifting towards IntelMarkets, a new cryptocurrency project, as it exhibits potential for a massive price surge.
Both Presidential candidates declaring their support for the crypto sector has sparked speculations that cryptocurrencies will experience a massive boost in November 2024, including INTL.
Another factor contributing to INTL’s bullish outlook is IntelMarkets‘ prospective contributions to the growth of the crypto space. Although nascent, IntelMarkets has taken the space by storm with its dual-chain approach in offering futures traders a perpetual contracts platform that is both flexible and scalable.
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By incorporating Ethereum and Solana, IntelMarkets provides an enjoyable trading experience, marked by access to DeFi applications, liquidity pools, cost-friendly services, high-leverage options, favorable loan services, expert trades, institutional-grade tools, robust risk management strategies, and various asset pairs at increased speed.
With leverage options as high as 1,000x, traders can make the most of the least price reaction for maximum returns.
With seven days to the end of INTL’s current public presale stage, Stage 2, investors who buy the ERC-20 token can now realize 50% of their investment after it enters Stage 3 at $0.027. By the end of the public presale, when INTL hits $0.11, investors would be sitting on a 511% profit. Meanwhile, the upcoming US elections are expected to push the token’s price to unprecedented levels, leaving room for additional gains.
Ondo Finance’s ONDO Eyes $2 After Breaking Key Support
Crypto expert Rendoshi Takamoto has predicted an imminent break of a 4-month downtrend for Ondo Finance’s ONDO.
Taking to X on September 23, 2024, the analyst shared a chart of ONDO, with the asset’s price poised to break out of a descending trendline from the bottom. According to Takamoto, the breakout will mark a turnaround for ONDO as it will push the asset to higher price levels.
This prediction comes as anticipation of the Ondo Global Markets (OGM), a project with the potential to become the largest financial crypto-based project ever created, rising.
Finally, Takamoto acknowledged ONDO as the biggest project from the real-world asset (RWA) sector. Amid this development, Ondo Finance’s native token has printed a gain of 21.58% to $0.74 over the last seven days.
XRP Aims Higher as Bollinger Bands Tighten
JD, a renowned crypto analyst, has pointed out an exciting development on the XRP chart that could lead to the Ripple coin rallying in a recent analysis.
In an X post on September 24, 2024, JD noted that the Bollinger bands on the XRP monthly chart are thinning out. This means that the Ripple coin is on the verge of a parabolic upside move.
Historically, particularly during the 2017-2018 and 2020-2021 bull runs, a band contraction preceded the rallies that occurred during these periods, leading to XRP hitting the $3 all-time high. Currently, Ripple’s XRP is trading at $0.58, up 0.07% in the last 24 hours.
Although buy-side liquidity is scant in the XRP market at present, the November US elections are expected to usher in liquidity to the crypto sector, which could flow into the XRP ecosystem, sparking a price uptick.
Pancakeswap Rolls Out First IFO On Arbitrum With Eigenpie
Pancakeswap has launched the first Initial Farm Offering (IFO) on Arbitrum, featuring Eigenpie. The launch marks a landmark achievement for Arbitrum as the EigenLayer-based Liquid Restaking Protocol, Eigenpie, goes live on the blockchain.
This move reflects Arbitrum’s role in providing DeFi resources projects can capitalize on for innovations.
Arbitrum experienced a notable uptick after the news reached the crypto community. Presently, ARB is trading at $0.56, up 14.86% in the last seven days. The projection shows that the US elections will influence Arbitrum’s market value in November, probably setting the coin on a path to new heights.
Why Invest in INTL, ONDO, XRP, And ARB?
INTL, ONDO, XRP, and ARB offer value propositions that can make investors millionaires after the US elections. With both Presidential candidates backing cryptos, these assets could benefit significantly from the outcome of the election extensively. This is why experts recommend investing in them.
IntelMarkets stands out for the innovative solutions that it beings to the table for crypto traders and investors. With the presale projected to skyrocket soon, now is the time to act and join the presale!
