As sentiment tilts toward bullishness in the fourth quarter, investors have been seeking low-cap gems for better positioning. With top altcoins offering limited upside potential, focus has shifted to presale tokens.
Gaining much attention is IntelMarkets (INTL), a novel altcoin at the intersection of AI and DeFi. It crossed $730,000 in funding earlier this week, winning whales’ hearts ahead of Ethereum (ETH) and Binance Coin (BNB).
IntelMarkets (INTL): The Next Big AI Altcoin
IntelMarkets (INTL) is an emerging cryptocurrency stealing the spotlight. It stands out for several reasons, outclassing most new ICOs after surpassing $730,000 in early funding this week. It further distinguishes itself by standing at the crossroads between AI, blockchain technology and DeFi.
Its unique contribution to the crypto scene will be an AI-powered trading platform. This trailblazing innovation is focused on empowering retail trades with next-generation tools and resources: enterprise-grade tools and AI-powered products.
Further contributing to its appeal is the cutting-edge Rodeum AI. This is designed to identify market opportunities and take appropriate positions depending on users’ trading objectives. In a nutshell, INTL employs a range of advanced real-time processing tools to improve trading performance.
Given the above, it is on course to reshape the $264 billion global crypto trading market. With a token priced at $0.018 in the second stage and on track for several price discoveries, whales have been betting big on INTL ahead of Ethereum (ETH) and Binance Coin (BNB).
Ethereum (ETH): 6% Uptick on the Monthly Charts; $5,000 Before the Year’s End?
Ethereum (ETH), the second-largest cryptocurrency after Bitcoin (BTC) and a household name, is a popular DeFi solution. The Layer-1 blockchain platform facilitates the creation of decentralized applications (dApps) and hosts other cryptocurrencies.
The Ethereum (ETH) ecosystem is the most vibrant as a result, contributing to its price gain. It had a remarkable run in September, spurred by the Fed’s 0.5% rate cut. The Ethereum price soared 6% on the monthly charts, trading above the $2,600 mark.
While it trades significantly below its annual peak of $4,000, analysts believe this is a discount worth taking advantage of. It is tipped to end the year above $5,000, positioning it among the best cryptos to invest in.
Binance Coin (BNB): Sights Set on a New Peak
Binance Coin (BNB), a top 5 cryptocurrency, is behind only Ethereum on the altcoin list. As the utility token of the entire Binance ecosystem, it is one of the most sought-after tokens. Like the rest of the crypto market, it is charting an upward course.
The BNB price gained 11% in the past 30 days, trading above $580 from a low of $470. This notable jump can be largely linked to the Fed’s rate cut. With further upsides anticipated, especially after the release of former Binance CEO CZ from prison, it is an altcoin to watch.
Experts suggest a rally above $650 in the coming days, pushing it closer to its all-time high of $720 registered four months ago. With sights set on another price discovery, Binance Coin (BNB) is a token worth betting on.
Conclusion
IntelMarkets (INTL), an emerging cryptocurrency at the crossroads between AI and DeFi trading, is the latest on whales’ radars. The ICO crossing $730,000 in record time suggests rising interest and confidence, which explains the shift in sentiment from Ethereum (ETH) and Binance Coin (BNB).
