The trader who predicted the surges in Ripple and Ethereum sees a new token with the potential for 1,100% returns in the crypto market.
A trader who correctly predicted the surges in Ripple and Ethereum has now disclosed a new token that could potentially yield 1,100% returns in the crypto market.
The trader, whose identity remains concealed, has a knack for spotting hidden gems in the crypto market before they take off. Now, they have their sights set on a new token: Intel Markets.
This Stage 1 presale star has already managed to raise over $130k and is on track to reach the $1m mark before August ends.
While XRP and ETH are certainly making waves with some exciting news and price movements, INTL is preparing to enter the scene and take over the crypto trading market.
According to the trader, who is known for their precise predictions, INTL could soar by 1,100% in 2024. Let’s delve into the reasons behind their optimism.
Ripple: On the verge of a breakout
As one of the major players in the crypto arena, XRP has been riding a bullish wave. Over the past week alone, the Ripple price surged over 5%, based on data from CoinMarketCap.
Adding to the bullish narrative, crypto analyst Javon Marks believes that this trend will continue. In his recent X post, Marks claims that XRP is right on the edge of a breakout, which may push its value to $262.
Technical analysis for the Ripple crypto also paints a bullish picture. Currently, XRP is trading above its 100-day exponential and simple moving averages, while its MACD level sits at 0.008, indicating a buy zone. These technicals suggest that bulls are in control of Ripple at the moment.
As a result, other market analysts are also bullish. In their Ripple price prediction, they hint at a rise to $0.64 within September 2024.
Ethereum: A bullish Vitalik Buterin post
Meanwhile, ETH has also seen some interesting developments. Recently, Vitalik Buterin made a playful X post featuring an image of a bull holding a sign that reads, “Ethereum is good.” In the post, Buterin also stated that it is an actual bull post. Many people were amused by this since these posts have often triggered rallies.
Speaking of which, the Ethereum crypto value has jumped over 55% on the YTD chart. Moreover, its MACD level is now at -121, which falls within the buy zone, and ETH trades above its 10-day exponential moving average. With these technicals, ETH may be poised for another uptrend.
In light of these Ethereum news and indicators, experts are predicting that this coin will trade at $2,930 before the end of September 2024.
Intel Markets: A golden opportunity
For those who may have missed out on Ripple and Ethereum, Intel Markets could present a golden opportunity. Throughout its ongoing presale, the project has managed to sell over 15m INTL tokens.
This achievement showcases the level of faith and confidence that people have in Intel Markets.
As a brief overview, Intel Markets is a big leap forward in crypto trading, a market that Statista predicts will be valued at $45.3b by 2025. This project aims to revolutionize this market by launching an AI-powered crypto perpetual exchange that allows copy trading, 1000x leverage options, and dual-chain functionality (supporting Solana and Ethereum).
The fuel that powers the Intel Markets ecosystem is the INTL token. It is currently priced at $0.009 in Stage 1 of its presale. However, its value is expected to rise to $0.018 once Stage 2 begins. After a Tier-1 CEX lists INTL in Q3 of 2024, market analysts anticipate a 1,100% surge.
Ripple and Ethereum trader optimistic about Intel Markets
The bullish outlook for Intel Markets stems from the fact that this rookie has a smaller market cap than Ripple and Ethereum. Plus, it could dominate the crypto trading market, which Statista predicts will have a user penetration rate of 11.02% by 2025. With these advantages, INTL could require less new money for its price to rise and might be more stable—even in turbulent markets.
To learn more about INTL, you can visit the presale website and join the official Telegram and Twitter channels.
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