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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

Trump Names Pro-Crypto SEC Chairman, How Could It Affect XRP Price and IntelMarkets Launch

Bitcoinist
by Bitcoinist
Last Updated: December 9, 2024 7:00 am
·
Posted in Altcoin News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

A pro-crypto chairman nominated to the U.S. Securities and Exchange Commission (SEC) by former President Donald Trump has pushed the industry into a major shift. It is reported that Trump has picked former SEC commissioner Paul Atkins to head the agency once he steps into office. This news has already had a significant impact on the market, with an even bigger bull sentiment projected down the line. Read on to discover how it will impact established cryptocurrencies such as XRP and new altcoins such as IntelMarkets (INTL), a new AI-driven project readying itself for explosive growth as it prepares to launch.

XRP Price Could Soar To ATH After Paul Atkins Pick

With the recent appointment of a pro-crypto SEC chairman, the broader crypto will likely start benefitting. While a new chairman could help clarify the regulatory environment, ultimately, the future of XRP is in the hands of its legal battle. Any further delay with the SEC lawsuit might dampen investor enthusiasm around Ripple’s outlook.

XRP is currently trading for $2.34, with a market cap of $133.73 billion. Ripple hit its ATH of $3.84 in January 2018 and has struggled to maintain good momentum until last month. Since then, XRP has seen a 330% increase in value, making it one of the cryptos in the top 10 with the highest growth. With more than $4.4B invested in crypto by the largest investment companies in the world, such as BlackRock and Fidelity, if the pro-crypto chairman Paul Atkins commits to the resolution of Ripple’s legal case, we could easily see it breach its ATH by 2025.

IntelMarkets (INTL): A New Era for Crypto Trading

While XRP could see its price rise once legal battles are over, its large market cap restricts it from exponential gains. That’s why many investors are looking elsewhere to newer, promising altcoins with the potential to deliver life-changing gains. IntelMarkets (INTL) is their top pick, as it serves as a roadmap for where the crypto exchange of the future is headed. INTL’s blend of AI and DeFi makes it ready to revolutionize the global crypto trading market.

With its unique AI-powered platform that combines self-learning trading bots, which can digest vast amounts of real-time data across different asset classes, users can maximize trading opportunities and trade at lightning speed. IntelMarkets is in its seventh presale phase, offering its token priced at an attractive $0.064. After its launch, experts believe INTL could rise as high as 100x, offering a very attractive investment opportunity for early supporters. Being a low-cap altcoin with no bull market history, IntelMarkets and its AI-based DeFi platform are set to see the highest gains in 2025.

Key Takeaways

Although Ripple is one of the cryptos to pay attention to after the SEC chairman change, its growth potential is limited by its large market cap and the ongoing SEC legal battles. On the other hand, IntelMarkets is a game changer, with relatively inexpensive tokens and its own unique AI-based trading platform. INTL is believed by experts to be a far more attractive investment opportunity than XRP because, after its ICO and market debut, it could rise over 100x.

Read more to find about IntelMarkets:

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