The crypto market tumbled as Bitcoin (BTC) fell below $70,000, with the previously bullish stance turning cautious. Top altcoins like Solana (SOL) and Sui (SUI) tumbled, erasing previous gains.
Meanwhile, IntelMarkets (INTL), a new AI coin, kicks off the fifth stage of its ICO after hitting over $1.6 million in the previous round. Its bullish AI narrative, rapidly growing community and substantial upside potential make it an expert top pick over established and popular cryptocurrencies.
IntelMarkets (INTL): A Must-Have New AI-DeFi Token
IntelMarkets (INTL) is one of the top ICOs gearing up for its much-anticipated debut. Despite the presale recently kicking off, over $1.6 million has been raised, entering the fifth stage. Industry experts believe it is a must-have for several reasons, from its staggering growth prospects to its unique value proposition.
Its unique offering will be an AI-powered trading platform. Unlike existing exchange platforms, it will incorporate AI across all levels, becoming the first true modern-gen trading platform. Other advanced features like trading bots, copy trading, 1,000x leverage and a dual-chain architecture (it will be compatible with both the Solana and Ethereum blockchains) will make it a strong contender in the $36 billion global crypto trading market.
Meanwhile, a token currently costs $0.045. Top analysts predict a 65x upswing after its much-anticipated market debut, positioning it as one of the best coins to invest in, edging out Solana (SOL) and Sui (SUI). Given its impending adoption as an AI-powered exchange, rapidly growing community and huge growth prospects, it is a new DeFi project to watch out for.
Solana (SOL): Tumbled from a Weekly High of $183
Solana (SOL), a DeFi giant, is popular in the crypto scene. It assists with the creation of decentralized applications, popularly known as dApps. Its ascent as a top crypto coin can be linked to its growing adoption and institutional appetite.
As the wider crypto market nosedived, so did Solana (SOL). It plunged from a weekly high of $183 to retailing above $162. The Solana price nosedived over 10% on the weekly chart, with some experts anticipating further downturns.
Holders are caught between selling their altcoins and buying lower or holding for a comeback, which explains the current market situation. While the MACD level (12, 26) is at 3.88—a sell signal—the bull-bear power is at −8.54, hinting at a bounce. However, Bitcoin’s next move will be crucial in Solana’s next trajectory.
Sui (SUI): Plummeted from $2.36 ATH
Sui (SUI) is a secure and scalable Layer-1 blockchain platform. Its unique Move programming language addresses inefficiencies common in existing blockchain architectures. The Layer-1 altcoin’s performance is among the best this year, spurred by rising demand.
It recorded over 300% uptick on the yearly chart despite recent downswings. The recent downswing pushed the Sui price from its October all-time high of $2.36. However, the bulls have been regaining momentum, up over 9% in the past 7 days and retailing above $1.8.
Meanwhile, the Bull Bear Power is at −0.0383, a bullish signal. On the other hand, the awesome oscillator is at 0.0055, suggesting “sell.” The coming days will determine Sui’s next move, especially how the market reacts to the US election. Either way, it is an altcoin to watch out for.
Conclusion
IntelMarkets (INTL) approaches its launch date after entering the fifth ICO stage. An explosive debut is anticipated considering its AI-DeFi narrative, growing community and impending adoption—a must-have over established altcoins like Solana (SOL) and Sui (SUI).
