Despite recent consolidation, traders and analysts anticipate a Toncoin (TON) rally. Meanwhile, Solana (SOL) swung high. It approaches the 2021 all-time high after crossing $245, with sights set on an upswing above $1,000.
Meanwhile, the new AI altcoin IntelMarkets (INTL) is on whales’ radars. Behind the rising interest are its astounding growth prospects and bullish AI-DeFi narrative. On the cusp of skyrocketing, it is among the new altcoins to watch out for.
IntelMarkets (INTL): On Whales Radars
IntelMarkets (INTL) is on whale radars, edging out most new ICOs. Its rapidly growing community is highlighted by the fast-selling presale—over $2.4 million has been raised in early funding. In addition to its rising community, other key attractions are its AI-DeFi narrative and upside potential.
It stands at the crossroads between AI, blockchain technology and DeFi. Its unique offering will be an AI-powered trading platform—a shift from conventional protocols. By integrating AI across all levels, it will offer users unprecedented computing power, making it a big contender in the $264 billion crypto trading market.
As it sails toward adoption, whales have been betting big, hoping to make the most of its bullish wave. In stage six of the ICO, a token costs only $0.054. Set for a 55x rally after listing, it is a promising wave not to miss this cycle alongside Toncoin (TON) and Solana (SOL).
Toncoin (TON):
Toncoin (TON), popular for its relationship with the Telegram messaging app, is one of the top altcoins. While it had an impressive first half of the year, the second has been a far cry—a 30% decline from its June all-time high of $8.24.
Nevertheless, traders and experts are optimistic about a bounceback and price discovery. Gaining momentum, the Toncoin price soared 7% in the past seven days, retailing above $5.61. A breakout above the $6 resistance is expected to usher in a strong bullish wave, placing it on the list of altcoins to watch.
Moreover, key technical indicators like the TON price trading above the 10-EMA and the MCAD level (12, 26) suggest further upswings. Cryptowizard101, an analyst, explained how the price has been hovering around $5.5 and a breakout will see it retest $6 and beyond. GlobeOfcrypto1, another analyst, believes a successful breakout can send it to $9 and $10 mid-term.
Solana (SOL): $1,000 Soon?
Solana (SOL) has been one of the biggest highlights this year. From its rapidly growing ecosystem to its widely embraced DeFi solution, it skyrocketed. The Solana price skyrocketed 14% on the weekly chart, crossing $245. Tipped for a rally above $1,000, it is among the best cryptos to invest in.
Punk5122, a crypto analyst, believes SOL is primed for a jump toward $285 after the recent breakout. They also predict the Solana (SOL) price could hit $1,000 by December amid the meme craze. Muscan also suggests it is on track for a rally above $1,000 this cycle.
Backing these optimistic forecasts are key technical indicators. The 9-HMA and SOL trading above the 10-EMA and 10-SMA are bullish signals hinting at further upswings. Set to be at the forefront of this cycle, it is among the best altcoins to invest in.
IntelMarkets (INTL) to Soar Alongside Toncoin (TON) and Solana (SOL)?
As an emerging cryptocurrency and new ICO, IntelMarkets (INTL) has plenty of room for growth. Its AI-DeFi narrative further paints a bullish picture, primed to skyrocket after its debut. As a solid contender against Toncoin (SOL) and Solana (SOL), it is a good crypto to buy.
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