Sui (SUI) and Solana (SOL) continue to pace upward, with the former hitting an all-time high and the latter set to reclaim a major price level. Meanwhile, investors swerve towards a new promising cryptocurrency, IntelMarkets (INTL), in a bid to scoop significant gains from its presale.
Sui Emerges as the Best-Performing Crypto Asset In 2024
SUI, a layer-1 blockchain cryptocurrency, has been crowned the highest-grossing digital asset in the crypto market after almost doubling its value this year.
Specifically, SUI registered a year-to-day increase of 185%, peaking at an all-time high of $2.28. Meanwhile, SUI gained 10.48% over the last seven days, rising to $2.24.
This impressive performance has placed SUI among the top 15 cryptocurrencies by market valuation, cementing its fame as one of the promising blockchains in 2024. SUI outshone Toncoin’s 124% uptick, the crypto market’s 37% rise, and Bitcoin’s 53% increase.
Some of the factors driving Sui’s growth include the expansion of its DeFi ecosystem and its blossoming stablecoin market. Also, DeFiLlama published a report showing a 50% rise in Sui’s weekly DEX volume to $1.45 billion, the same level as its total value locked. If Sui maintains this growth trajectory, it could take on leaders like Ethereum and Solana.
Solana Eyes $210 as It Clears Critical Resistance
Following a 1% increase in the capitalization of the crypto market, SOL recorded a 4% uptick within 24 hours of the surge, rising to $153. This increase marked a 12% growth in the last 30 days and a 590% surge within a year.
SOL’s recent move pushed the asset past the $150 region for the first time in many weeks, raising speculations that the coin might have begun a year-end rally. The chart shows increased momentum, suggesting the asset is approaching the climax of a short-term upsurge.
Its Relative Strength Index (RSI) indicator shows SOL holding between 70 and 75, indicating buyers are still very active. Also, Solana’s 30-day Moving Average (MA) line continues to climb, having surpassed the 200-day MA line on October 12, 2024.
With SOL clearing the $150 resistance, the coin is expected to target the next defining price point: $210. From its current price of $157, SOL needs to rise 33% to attain the mark range.
Investors Turn to IntelMarkets For Impressive Presale Profits
As an emerging cryptocurrency with immense value potential, investors are turning to IntelMarkets presale in hopes of accumulating massive returns. The presale token has made early participants gain more within weeks than SUI has delivered this year.
IntelMarkets is a perpetual contracts crypto trading exchange backed by advanced features to help traders achieve excellent trading results. The exchange supports Ethereum and Solana, deriving its flexible and scalable features from these leading blockchains.
Traders can access up to 1,000x leverages on IntelMarkets to expand their potential gains. Traders may also copy expert trades along with more than 1,000 technical analyses to improve their trading strategies.
With INTL’s presale in Stage 3, investors are positioning themselves for massive profits as the token forges ahead. From its current price of $0.027 to its final presale price of $0.11, INTL has the potential to deliver a 307% profit to investors.
SUI And SOL Holders Rush to INTL’s Presale
Given the gains promised by INTL’s presale, even SUI and SOL investors are rushing to invest in its presale. With SUI and SOL pulling back to gain momentum, INTL’s presale may be an excellent opportunity for massive gains.
Moreover, experts recommend INTL as an outstanding investment option for investors looking to amass more gains. Its presale comes as an opportunity to acquire the crypto coin at a lower price than it will be after its exchange listing.
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.