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Breaking News: The Ethereum Indicator That Never Missed A Bottom Is Signaling Again, This Time At $700
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Breaking News: The Ethereum Indicator That Never Missed A Bottom Is Signaling Again, This Time At $700

IntelMarkets’ (INTL) $1.6M Fundraising Milestone Attracts Toncoin (TON) and Sui (SUI) Whales – Time to Buy?

Bitcoinist
by Bitcoinist
Last Updated: October 29, 2024 6:30 am
·
Posted in Altcoin News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The wider crypto market takes a breather ahead of the upcoming US election. However, things are heating up in the presale niche. IntelMarkets (INTL), a new AI crypto, skyrocketed past $1.6 million in funding, highlighting its rapidly growing community and investors’ trust. With an explosive debut around the corner, Toncoin (TON) and Sui (SUI) whales have been doubling down.

Besides its significant growth prospects, its innovative contribution—an AI-powered trading platform—puts it in the spotlight. As it prepares to transform crypto trading, it is a new DeFi project to keep on the radar.

IntelMarkets (INTL): Introducing the First Quantum-Proof Protocol

IntelMarkets (INTL) is in the spotlight for its remarkable ICO performance, novelty and growth prospects. It soared over $1.6 million in early funding, outpacing most new ICOs and making a strong argument about being Q4’s best presale.

Moreover, the ICO is in the fourth stage, with a token competitively priced at $0.036. This low entry, coupled with a projected 55x rally after its much-anticipated launch, attracts Toncoin (TON) and Sui (SUI) whales.

As a novel AI-powered trading platform, it will be the first modern-gen protocol to integrate artificial intelligence across all levels. More importantly, it will be the first quantum-proof protocol for a DeFi exchange.

IBM recently stated it will have a cryptographically relevant quantum computer by 2030. This tech will be capable of making existing encryption systems obsolete, posing a huge threat to blockchain and the survival of DeFi. To address these challenges, INTL’s Route X21—a research initiative being seeded by a $1 million grant from partners in the MENA region—will integrate the first quantum-proof security protocol on its native blockchain.

Toncoin (TON): Can it Reclaim $7 in the Coming Days?

Toncoin (TON) is popular for its relationship with Telegram. The Telegram-based altcoin is among the top 10 cryptocurrencies and ranks high on the altcoin list. However, recent price actions have been largely underwhelming.

The Toncoin price briefly fell below $5 this week—a 6% decline in the past 7 days. Its performance on the monthly charts is not any better, tumbling over 15%. The search for more promising altcoins has sparked an exodus among holders seeking alternative investments elsewhere.

On the other hand, key members of the Toncoin (TON) community continue to HODL. A price forecast suggests a rally above $7 in the coming days or weeks, placing it on the list of the best coins to invest in. Considering the rapidly growing TON and Telegram ecosystems, TON is arguably a top crypto to invest in.

Sui (SUI): Pump and Dump

Sui (SUI) is a groundbreaking Layer-1 blockchain with a secure, scalable and powerful development platform. Its Move programming language is one of its many distinctive features. Meanwhile, its performance has been one of the most explosive this quarter.

Outperforming the crypto market, the Sui price exploded over 130% in the past three months. It registered an all-time high of $2.36 in mid-October, outpacing most top crypto coins. However, amid profit-taking, it tumbled.

Its downswing, while not as significant as its uptick, still made headlines. The Sui (SUI) price slumped over 17% on the weekly charts, trading above $1.7. A price forecast hints at a possible decline below the $1.5 support, placing it on the list of altcoins to watch out for.

Conclusion

IntelMarkets (INTL) is at the heart of the current market buzz, from its rapidly selling-out presale to its novelty. Besides integrating AI into all trading levels, its blockchain will be quantum-proof. Equally important is its upside potential, attracting the attention of Toncoin (TON) and Sui (SUI) whales.

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