With a potential rally on the way, Gen Z investors are taking their positions in the crypto market. While Ripple (XRP) and Solana (SOL) are still the most popular coins, a new altcoin, IntelMarkets (INTL), has caught their attention.
IntelMarkets seeks to revolutionize the crypto space with its AI-powered trading platform. Its goal is to make crypto trading easier for investors who want to earn large profits.
Ripple (XRP) Gains Institutional Appeal As Two Giants File For
Ripple (XRP), the cross-border payment giant, is still gaining momentum in the crypto market despite its four-year legal battle with the US SEC. So far, two financial giants, Bitwise and Canary Capital, have filed for an XRP ETF in the US.
The aim is to allow their clients to gain access to the Ripple coin. While the chances of approval in the near future are slim, given the latest appeal by the securities regulator, analysts opine that Ripple XRP ETF will still receive the green light.
In the meantime, the cryptocurrency is trading in the red zone. It has suffered some losses in the past few weeks due to a sell-off by retail and whale investors. Ripple price is currently trading below the 200-SMA at $0.554372.
Yet, market watchers maintain a bullish stance in terms of future performance. Coincodex forecasts the price of the cryptocurrency could increase to $0.62406 by November.
Solana (SOL) Battles With Bears
Despite the growth of Solana (SOL) meme coins over the past month, the SOL token is still battling with bears. All attempts by bulls to flip the 50-SMA ($142.42) and 200-SMA ($146.61) into support have not been successful.
Besides, many analysts believe the Solana price movement is weak and needs an influx of buyers to begin an uptrend. Looking ahead, most of the Solana (SOL) technical indicators are bearish and do not support an upward price movement.
Nevertheless, analysts are still optimistic about the Solana coin. Coincodex forecasts the cryptocurrency’s value could pump to $159.37. Also, Adityathakuron believes that the value of the Solana token might pump to $209. However, this will depend on the general sentiment in the market.
IntelMarkets (INTL) Set for Massive Rally
IntelMarkets (INTL) is a crypto perpetual futures trading platform and it has been easier for traders to trade since there are no expiry dates. They can hold their positions for a very long time. In addition to this, traders can get a high leverage of 1000x and also receive high liquidity.
The trading platform’s dual-chain support for Ethereum and Solana provides more depth and enables traders to enjoy fast transactions, low fees, and access to smart contracts. IntelMarkets has advanced trading tools like charting software, Omnichannel Processing software, real-time market data, and trading bots powered by Rodeum AI.
These bots help traders to analyze the market prices and evaluate trends for future movement. Also, it has a learning feature and can learn from mistakes and errors. The bot can also mirror strategies or techniques that the trader wants. Industry experts believe this could be the turning point for the global crypto trading platform market, which has been forecasted to reach $137 billion by 2032.
Currently, in the third stage of its cryptocurrency ICO, the value of IntelMarkets has increased by 200% to $0.027364 in the past three months. Analysts say its price could rise by 20x before Q1 2025, making it a good cryptocurrency to buy.
Why INTL Has Peaked the Interest of Gen Z Investors
The new exchange coin IntelMarkets is quickly becoming the favorite for GenZ investors looking for major returns in the coming year. Analysts forecast that its unique AI-based trading platform places INTL in a better position for growth compared to the top crypto coins, Solana (SOL) and Ripple (XRP).
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
