The crypto market is heating up again as the Swiss crypto bank Amina filed for an Austrian VASP license. Thanks to this event, many traders seek crypto
The crypto market is heating up again as the Swiss crypto bank Amina has filed for an Austrian VASP license. This event has got many traders looking for crypto coins that could explode on the price charts. According to some analysts, these tokens could skyrocket: Toncoin, Intel Markets and Ethereum.
Toncoin recently announced its integration with HOT Wallet while Intel Markets reached a new milestone with over 31m INTL tokens sold. In other news, Michaël van de Poppe made a bold Ethereum prediction.
Let's take a closer look at each of these crypto coins and see what the analysts are saying about them.
Toncoin (TON) price analysis: HOT wallet integration could spark a rally
Toncoin has been making some big moves in the crypto space recently. The Toncoin network recently revealed that the HOT Wallet has joined their network. They have already integrated with TON and TON Connect, which provides access to the TON Network for over 21 million users. Thanks to this development, people can now send TON and jettons while also trading on TON at favorable rates.
This bullish Toncoin news could spark a rally for this crypto coin. The Toncoin value has jumped over 5% on the weekly chart. To add to this, Toncoin trades above its 10-day EMAs, which signals bullish momentum. As a result, market analysts predict Toncoin will trade at $6 before October 2024 ends.
Toncoin recently performed poorly, dropping nearly 5% over the past 24 hours, according to CoinMarketCap. However, the coin is still up over 20% in the past month and might be preparing for another bullish leg up the charts. Keep an eye on Toncoin for any potential rallies.
Intel Markets (INTL) price analysis: A new presale phenomenon
One of the biggest gainers in the crypto market right now is a new presale star called Intel Markets, which has sold over 31 million tokens. Its ongoing presale has been nothing short of amazing, having raised over $250k with the potential to hit $1m before September ends. People are getting more excited about Intel Markets each day.
This excitement is due to the fact that Intel Markets will be launching the world's first AI-powered smart trading platform. Through this combination, people will be able to access over 1,000 technical indicators thanks to Intel Market’s Multichannel analysis and limited trades. Not only that, but Intel Markets boasts dual-chain functionality that supports both Ethereum and Solana blockchains, essentially giving everyone the best of both worlds.
The INTL native token plays a major role within this project’s ecosystem. It is currently priced at $0.009 in Stage 1 of its presale. However, this value is set to jump to $0.018 once Stage 2 begins – presenting a potential 100% return for those who buy it now. Once a Tier-1 CEX lists INTL, experts are predicting an 11x surge to $0.11, which could come as early as the end of 2024.
Having risen nearly 3% in the past 24 hours, INTL is now valued at $0.008, according to CoinMarketCap. The token is also up over 100% in the past month, making it one of the best-performing presale crypto coins in the market right now. Don't miss out on INTL's potential growth.
Ethereum (ETH) price analysis: Well-known analyst remains bullish despite recent price drops
Ethereum has seen some volatility recently. Over the past week alone, the price of ETH fell nearly 5%, according to CoinMarketCap. But one crypto analyst is still bullish on this chart. According to his X post, the Ethereum crypto has formed a bullish divergence and made a higher low. The recent downtrend may soon break to the upside, pushing the entire crypto market up.
With VanEck also announcing that it will be closing its ETH ETF in favor of the ETH ETP, its future appears bright. This development will directly expose the real-time price of Ethereum and at a lower cost. Due to all these factors, experts foresee a rise to $2,500 in their Ethereum price prediction soon.
After dropping nearly 2% in the past 24 hours, ETH is now trading at $1,667, as per CoinMarketCap. Despite this recent decrease, the coin is still up over 15% in the past month. Keep an eye on ETH as it makes its move up the charts.
Final thoughts: Which crypto coin will explode next?
As the crypto market prepares for a potential bull run, Toncoin, Intel Markets and Ethereum may see massive growth. But, one stands out – Intel Markets. Thanks to its ties to the AI space, which
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