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Ethereum and Ripple's Whales Are Showing Interest in Intel Markets, a Rising Star in the Crypto Market That Could Surge by 11x or More

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Release: 2024-09-06 21:34:14
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As the crypto market prepares for a potential rally, whales are looking at new projects with fantastic growth potential. One such project is Intel Markets

Ethereum and Ripple's Whales Are Showing Interest in Intel Markets, a Rising Star in the Crypto Market That Could Surge by 11x or More

Amid the crypto market gearing up for a potential rally, whale interest seems to be shifting toward new projects with high growth potential. One such project is Intel Markets, a rising star in the crypto market that could surge by 11x or more.

Even whales from large crypto coins like Ethereum and Ripple are paying attention to Intel Markets. As World of Charts predicts, ETH may expand while XRP could reach a new ATH. However, according to Poseidon, whales are still turning to INTL. Continue reading to find out why.

Ethereum: Time for expansion

Ethereum, a top crypto coin, has seen some volatility. According to CoinMarketCap, the price of Ethereum dropped nearly 5% on the weekly charts. This decrease occurred as the Ethereum ETF struggled to gain momentum.

For instance, the ETH ETF started September on a bearish note and a negative day. However, crypto analysts are still bullish. Poseidon claims that manipulation is being done for the Ethereum crypto. Additionally, this expert says that now is the time for expansion. He predicts a potential surge to the $3,200 level for ETH soon.

But technicals do not support this Ethereum price prediction. Currently, the exponential moving averages for ETH have been on a constant decline in the 1-day time frame. Plus, there is a bearish sentiment for Ethereum at the moment. Thus, whales are turning to other projects with more room for growth.

Ripple: Could see a surge

Ripple has also faced some turbulence. On the 1-week chart, the Ripple price fell nearly 5% as per CoinMarketCap. Moreover, CoinGlass shows that open interest for XRP dropped around 3% and now sits at $597m. This fall shows that people are slowly losing interest in this crypto.

But, crypto analyst World of Charts remains bullish. His X post says the Ripple crypto is consolidating within a multi-year symmetrical triangle. A breakout from this formation could cause a new ATH for XRP in the coming months.

However, XRP is still trading below its 50-day exponential and simple moving averages while having an RSI of 44. Due to these factors, market analysts have made a conservative Ripple price prediction – $0.60 before October 2024 starts.

Intel Markets: Potential for massive gains

Another rising crypto that is capturing the spotlight in the crypto space and grabbing whale interest is Intel Markets. Its ongoing presale performance has been impressive so far. It has already raised over $225k and is on track to reach $1m before the end of September.

Since it could dominate the crypto trading market (which Statista projects will see over 861m users by 2025), its future growth potential also looks great.

Essentially, Intel Markets will launch an AI-powered smart trading platform that lets people access restricted trades and copy trades from other traders. Compared to Starknet, Intel Markets boasts 500x trade settlements, dual chain functionality (Solana and Ethereum), and perpetual futures contracts with no expiration dates.

All these features could make it a fan-favorite platform for millions worldwide. Those looking to support this project are now rushing to its presale. Currently, the INTL native token is in Stage 1 and costs $0.009.

But, this price is expected to see another 100% rise to $0.018 after Stage 2 begins. Since its listing price could be $0.11, whales are now rushing to stockpile this coin and get 11x the returns.

Closing remarks

With Intel Markets gaining momentum, whales can get many more opportunities for gains. This rookie has a smaller market cap than both Ethereum and Ripple.

Thus, INTL needs less money for its price to skyrocket. Because of this, INTL could see faster growth and reach $0.60 by the end of 2024.

To learn more about Intel Markets, visit the official website, and its Telegram and Twitter accounts.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

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