The crypto market’s recovery begins with Bitcoin (BTC) staging a comeback, boosting sentiment and confidence. The top altcoins riding this wave are Cardano (ADA) and Monero (XMR), recording slight gains. With more room for growth, investors continue to bet big.
At the same time, the intersection of AI and crypto remains at the heart of the market buzz. Artificial Superintelligence Alliance (FET), a combination of Fetch.ai, SingularityNet and Ocean Protocol, is at the forefront of this narrative, boasting over $3.4 billion in market cap. Hailed as the next FET, IntelMarkets (INTL), an emerging crypto at the intersection of AI and DeFi, is a new project to watch out for.
IntelMarkets (INTL): The Next AI Token to Keep on the Radar
IntelMarkets (INTL), one of the newest ICOs, has been hailed as a trailblazer by industry experts. Standing at the crossroads between AI, blockchain and DeFi, it will not only shake up the crypto world but also the AI scene. This makes it a top pick among seasoned investors, contributing to the over $250,000 raised just days into the presale.
With the ICO recently kicking off, it provides the best investment opportunity to become a part of the future of crypto trading. By merely participating in the presale, an 11x gain is estimated and a projected 55x upswing after its market debut. Priced at $0.009 in the first stage of the presale, there couldn’t be a better entry.
Tipped as the next FET, its unique offering centers around integrating AI into crypto trading. Its AI-powered trading platform will offer users unprecedented computing power. It further sets itself apart from conventional trading platforms with self-learning trading robots and dual-chain functionality (compatibility with Solana and Ethereum).
Cardano (ADA): 5% Gain on the Weekly Charts
Cardano (ADA), one of the top altcoins, is popular for its compatibility with smart contracts. It facilitates the creation of decentralized applications (dApps)—one of the most frequented destinations. The recent Chang hard fork introduced governance functionality into the ecosystem, giving token holders voting rights.
In the past seven days, the Cardano price saw a 5% gain, highlighting rising interest and confidence. It trades above the $0.3 support, gearing up for a climb above $0.5. While it trades significantly below its annual peak of $0.77, a trending Cardano price prediction suggests a rally above this level before the end of Q3.
With the coming days promising an overall market rally, to be propelled by an anticipated interest rate cut by the Feds, Cardano (ADA) is one of the altcoins to keep on the radar. Rising demand and DEX activity will be other catalysts for price appreciation.
Monero (XMR): Eyes a New ATH
Monero (XMR), a blockchain-based project that focuses on privacy and anonymity, is among the most sought-after tokens. Despite the broader market’s underwhelming performance and prevailing bearish pressure, it maintains key support.
The Monero price is up by 12% on the monthly chart, highlighting its popularity and growth prospects. It maintains the $150 support but retails above $165, recovering quite nicely after its sharp decline in February.
At the current price, the Monero coin has significant room for growth, given the over 65% decline from its all-time high of $517. Primed for a comeback during this year’s full-blown anticipated bull run, it is on investors’ radars.
Conclusion
While Cardano (ADA) and Monero (XMR) record slight gains and eye further upticks, IntelMarkets is on the cusp of skyrocketing. The new ICO has been hailed as a trailblazer, considering its integration of AI into crypto trading. With adoption a matter of when and not if, it is a promising wave to take advantage of.
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