The cryptocurrency market is a fiercely competitive landscape, with tokens vying for dominance. For example, two top altcoins, Tron (TRX) and Ripple (XRP), are considered strong contenders to hit $1.
Experts are now turning their attention to IntelMarkets, a relatively new exchange coin that might overtake its competitors on the market. Analysts forecast the price of IntelMarkets could soar 10x to reach the $1 mark in the coming months.
Tron (TRX) Hoods 75% of USDT Addresses
The Tron network has shown remarkable growth this year, surpassing top blockchains like Ethereum in terms of network activity and revenue generated. Currently, recent data from IntoTheBlock reveals the battle for first place is not over.
According to IntoTheBlock, 75% of all USDT addresses are on the Tron blockchain. This comes after USDT’s shift to TRON in 2020 because of Ethereum’s high fees and slow transactions.
Tron (TRX), on the other hand, is well-known for its fast transactions and low fees, two factors that have attracted traders. In other news, the Tron coin is also leading other cryptocurrencies in terms of gains trading above the 50-SMA ($0.15331). The token, which is part of the top 10 altcoins coins in the market, has to see 10x growth to reach the $1. However, its large market cap could be a major obstacle.
Ripple (XRP): Whale Moves 52M Off Bybit Exchange
In a recent tweet, Whale Alert reported a large transaction of 52 million XRP, which is worth about 27 million USD. The Whale moved the cryptocurrency from Bybit to an unknown wallet, a sign of accumulation.
This move has brought positive sentiment to the Ripple coin. It comes after Ripple filed a cross-appeal against the US SEC, a move that has received warm applause from members of the XRP community.
At the moment, the Ripple price is displaying profits on the weekly and monthly timeframes. Analysts are expecting the cryptocurrency to continue this uptrend and surpass the 50-SMA ($0.565503) in the coming weeks. On the other hand, the chances of reaching $1 remain slim, given the ongoing battle with the US SEC. However, the value of Ripple crypto could reach $0.7 in the next few months, according to analysts.
IntelMarkets (INTL) Soars 200% and Raises $1 Million in Funding
IntelMarkets (INTL) has accomplished two major milestones since the beginning of the presale – providing 200% ROI to early investors and collecting more than $1 million in funding. The DeFi coin is currently priced at $0.027364 and is expected to reach the $1 mark in the months ahead.
IntelMarkets was created to revolutionize the crypto trading market using Artificial Intelligence and Blockchain solutions. So, it has built a team of experts from leading organizations such as Goldman Sachs, MIT, OpenAI, etc, to achieve this.
IntelMarkets has a dual-chain model that supports both the Solana and Ethereum blockchains. Ethereum provides smart contracts and security, and Solana provides fast speed and low fees for its users. So, traders can choose the best blockchain for their needs.
The platform will also feature advanced trading tools like charting software, an Intell-Array technology system, a Multichannel processing system, and AI trading bots. Considering the features above, analysts forecast that IntelMarket might become the next blue chip in the market.
IntelMarkets To Reach $1 Ahead of Tron and Ripple
IntelMarkets (INTL) is on track to become a force to reckon with in the crypto space, and could hit the $1 mark soon. IntelMarkets is designed to dominate the continuously expanding global crypto trading market that has been forecasted to reach $264 billion in 2030. This makes it the best cryptocurrency to acquire today.
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
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