The crypto market exploded in the final week of October. Besides Bitcoin’s (BTC) run above $73,000, Solana (SOL) also touched $183. The DeFi powerhouse is tipped to hit $300 at some point, making it one of the altcoins to watch.
Alternatively, Telegram-based cryptocurrency Toncoin (TON) nosedived, falling below the $5 support. Amid this, whales flock to IntelMarkets (INTL), a new AI crypto, in their search for huge gains. Its AI-powered trading platform is set for massive adoption, making it a new DeFi project worth keeping on the radar.
IntelMarkets (INTL): AI-DeFi Narrative and Huge Growth Prospects Fuel Whale Interest
IntelMarkets (INTL) is on whales’ radars thanks to its AI-DeFi narrative and substantial upside potential. Its unique approach to trading—an AI-powered protocol—paints a bullish picture. With adoption imminent, the whopping $1.6 million raised in the ongoing presale comes as no surprise.
Heavily discounted, a token costs only $0.036 in the fourth ICO stage. This low entry into what has been hailed as the future of crypto trading makes it attractive. Meanwhile, industry experts project a 100x gain after its debut and listing on Tier-1 exchanges—a more compelling alternative than Solana (SOL) and Toncoin (TON).
Further, its trailblazing AI-powered trading platform is on track to reshape the $36 billion global crypto trading market, driving huge whale interest. It will be the first modern exchange protocol to integrate AI across all levels and with trading robots trained on over 100,000 data points.
Solana (SOL): Primed to Hit $300
Solana (SOL), one of the top crypto coins, is popular for its DeFi solutions and services. Its vibrant ecosystem houses decentralized applications (dApps) and other cryptocurrencies. Notably, its meem landscape is one of the most vibrant, hot on the heels of Ethereum memecoins.
The Solana price hit $183 in the final week of October, although buying pressure has begun to set in. Nevertheless, it soared over 10% in the past 30 days from a low of $134. With November set to be more explosive, it is an altcoin worth betting on after the US election, with TradingView’s exponential moving average (10) at 172.27, a buy signal.
According to a Solana price prediction, it is on track to flip its year-high of $200 in the coming weeks, setting the stage for a jump above $260. This sparks discussion of a potential rally above $300 before the year’s end, positioning it as one of the best cryptos to invest in.
Toncoin (TON): 15% Dump in the Past 30 Days
Toncoin (TON) had one of the best performances in the year’s first half, although the second half has been largely underwhelming. The cryptocurrency benefitted from the buzz around Telegram mini apps and the viral tap-to-earn games, exploding in value.
It rose from a low of $2 in February to an all-time high of $8.2 in June. On the yearly chart, Toncoin (TON) soared over 130%, which would have been more at its peak price. However, following the arrest and indictment of Telegram CEO Pavel Durov in August, it tumbled. It hasn’t been the same since then.
The Toncoin price plunged over 20% in the past 30 days; 15% on the monthly chart. It trades above $4.9, with the fear of a drop below $4 thick in the air—the Simple Moving Average (10) is at 5.01, a sell signal. On the bright side, it is in an attractive buy zone and might be one of the best coins to invest in at the current market price.
Conclusion
While Solana’s (SOL) trading above $300 is imminent, Toncoin’s (TON) decline has been a cause of much concern. Meanwhile, IntelMarkets (INTL) has become a new whale favorite thanks to its AI-DeFi narrative and significant upside potential. As it prepares to transform the crypto trading scene, it is a promising wave worth taking advantage of.
