While the broader crypto market nosedived, the up-and-coming AI coin IntelMarkets (INTL) skyrocketed. Meanwhile, the Ethereum price nosedived while the Cardano coin retested lower price levels.
Hailed as the next Ethereum or Cardano but at a huge discount, INTL has been dubbed the best new crypto to invest in. Its bullish narrative—a blend of AI and DeFi—and massive growth prospects contribute to rising demand.
IntelMarkets (INTL): On Whales’ Radars
IntelMarkets (INTL) has been among the biggest gainers, soaring over 900% in the past few months from $0.009 to $0.091. It is no surprise it is on whales’ radars, as experts suggest its run is just starting. Backed by a bullish narrative, it might be this year’s best crypto investment, more budget-friendly than the Ethereum price and with higher growth prospects than the Cardano coin.
At the crossroads between AI and DeFi, it is gearing up to be the next big thing in crypto. Its unique AI-powered trading platform will integrate artificial intelligence across all levels—a modern-gen exchange. Further, it will have a native AI blockchain at its heart and its trading bots will be trained on over 100,000 data points.
With adoption imminent, it is a new DeFi project worth keeping on the radar. At $0.091 in the tenth ICO stage, INTL is heavily discounted, offering a low entry to the “future of crypto trading.” Meanwhile, over $11 million has been hailed in early funding, with experts predicting a 75x rally after Tier-1 exchange listings—the best ICO to invest in.
Ethereum (ETH): Notable Decline From Weekly High
The Ethereum price tumbled from a weekly high of $2,800 to $2,500. Behind this decline is an overall market dump and declining confidence. However, the coming days signal a possible upswing and technical indicators like Momentum (10) and Commodity Channel Index (20) suggest a bounce.
Also, analysts are bullish, looking beyond current market conditions. Gem_insider considers the decline in the Ethereum price as a much-needed correction and maintains a rally between $7,000 and $11,000 this bull run. A more modest Ethereum price prediction was made by Taxusdt—a rally toward $4,800.
Amid bearish sentiment and declining interest in Ethereum, demand for new altcoins like IntelMarkets (INTL) is on the rise. Offering a safety net against market shocks, it is the latest investor. Moreover, considering its bullish AI narrative, it is among the best altcoins to invest in, not to mention it is more budget-friendly than the current Ethereum price.
Cardano (ADA): 25% Decline on the Monthly Chart
Trading downward, the Cardano coin was among the altcoins hit the hardest during the recent bloodbath. It lost the $0.8 support, changing hands at around $0.6—a 25% decline on the monthly chart. Despite this, it is in an attractive buy zone, with demand set to pick up.
Meanwhile, technical indicators like the 9-HMA and 200-EMA suggest a bullish reversal in the Cardano coin price. At the same time, bold Cardano coin price predictions have been flying, boosting investor confidence. IKC_Trading, a leading expert, expects the Layer-1 altcoin to hit $6 this year.
This sentiment was shared by ItzBermuda, another crypto trader and analyst. According to them, the Cardano coin is primed for a big leap, targeting a rally toward $3 and $7. However, considering the latest decline in the Cardano price and the possibility of further downswings, investors have been betting more on the new AI coin INTL.
IntelMarkets (INTL): The Next Ethereum (ETH) or Cardano (ADA)
Significantly undervalued and with plenty of room to run, IntelMarkets (INTL) is on whales’ radars. The declining Ethereum price and the Cardano coin retesting low price levels spark demand for the new AI coin. Set for an explosive debut, it is among the best altcoins to invest in this year.
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