The Ripple (XRP) vs. SEC legal sparring continues with new filings. However, the regulator is requesting yet another extension—to January 15, 2025. This delay has several implications for the XRP crypto, affecting the token’s stability and investor confidence.
Amidst this, attention has shifted to AI cryptos. Topping the list is Artificial Superintelligence Alliance (FET) and this new AI altcoin, IntelMarkets (INTL). INTL, a novel AI-powered trading platform, aims to reshape the crypto trading scene, with its advanced tokenomics also contributing to its appeal.
IntelMarkets (INTL): A New Investor AI Coin Favorite
IntelMarkets (INTL) is a novel AI crypto basking in the spotlight. The AI-driven crypto stands out courtesy of its unique trading ecosystem, powered by an AI-based blockchain. Also driving interest is its upside potential as a low-cap gem.
As a new altcoin with significant growth prospects, investors have been flocking in droves to the presale. Over $1.6 million has been raised in early funding, highlighting investor confidence. A token costs only $0.036 in the fourth stage of the ICO and is tipped for a 65x upswing after its debut. Does this make it the best new crypto to invest in? The coming months will tell.
In addition to combining AI with blockchain technology and DeFi, its advanced tokenomics also contribute to its attraction. The token network will be both Ethereum and Solana, with a total supply of 2 billion INTL tokens: 70% for presale, 10% for funding, 10% for promotion, 7% for founders and just 3% for the team.
Ripple (XRP): SEC Requests Deadline for Submitting Main Brief
Ripple (XRP), one of the top altcoins and a leading payment protocol, is among the industry leaders. It facilitates cross-border payments, which, alongside growing institutional demand, contributes to its rise as a top-10 cryptocurrency.
However, the ongoing legal tussle has been a cause for concern. The Ripple (XRP) and SEC showdown grinds forward, with the regulator requesting another extension to January 2025 for submitting its main brief. Some of the implications of this delay could be further XRP downswing and dampening investors’ confidence.
The XRP price tumbled over 15% in the past 30 days, hovering above $0.5. Its downswing extends to shorter timeframes: a 7% decline in the weekly timeframe. While a comeback is on the horizon, the ongoing legal battle casts a big shadow. It is one of the altcoins to watch out for nonetheless.
Artificial Superintelligence Alliance (FET): Potential Rally Above $10 This Year?
Artificial Superintelligence Alliance (FET) is an artificial intelligence lab building an open and decentralized machine learning network with a crypto economy. Given its bullish narrative as an AI crypto with solid fundamentals, FET has risen to the ranks of the top altcoins—a top-30 cryptocurrency.
The Artificial Superintelligence Alliance price soared over 250% on the yearly chart, registering an all-time high of $3.47 in May. However, it has plummeted over 60% from its peak, changing hands above $1.2. With more room for growth, not forgetting its bullish AI narrative, it is positioned as one of the best coins to invest in.
Top analysts project a jump above $10 before the year’s end. At the current market price, Artificial Superintelligence Alliance (FET) is one of the best cryptos to invest in, assuming it maintains a bullish trajectory. Nevertheless, it is worth noting that crypto doesn’t move in a straight line—expect corrections now and again.
Conclusion
The SEC delay of the Ripple (XRP) appeal to 2025 extends the already-long legal tussle further, having bearish implications. Meanwhile, investors have been shifting attention to AI cryptos like IntelMarkets (INTL) and Artificial Superintelligence Alliance (FET).
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
