As the IntelMarkets (INTL) project goes on, the crypto market is buzzing with little of such excitement. While some of the pertinent ones like Near Protocol (NEAR) or Cardano (ADA) the well-known altcoins are experiencing slow-moving nature in terms of recovery, IntelMarkets has already crushed $1.3M in its presale and has emerged as the best-suited new product for 2024 which shows that the investors are likely to put their money in it the most.
IntelMarkets (INTL): An Altcoin on the Rise
IntelMarkets (INTL) is one of the promising waves savvy investors are preparing to ride to its fullest. Its appeal spans a novel AI-powered trading platform and massive growth prospects. Whales are also drawn to its rapidly rising community, making it a top pick ahead of popular altcoins with little room to run.
IntelMarkets continues its presale offering, which raised more than $1.3 million being in the third stage to which it has reached. With a current token price of $0.027, experts are forecasting a huge 45x kickoff as soon as it launches. This scenario catches the attention of both retail investors and institutional players.
Near Protocol (NEAR): Market Struggles Continue
Now the once brilliant Layer-1 blockchain solution, Near Protocol (NEAR), is overshadowed by IntelMarkets. Unfortunately, the price of the currency is following suit. By mid October 2024 saw NEAR traded at about $4.83, a big drop from the record high of $20.42, hit in January of 2022.
The alarming decrease in the price over the last two years is part of a more extensive scenario with Layer-1 networks that have been inconsistent with previously set market goals. Even though NEAR’s promising and unique blockchain technology has a potential of becoming a very important player in the race, the latter performance has deeply annoyed investors who are looking for more attractive investments in terms of growth potential.
Cardano (ADA): A Slow Recovery
Cardano (ADA), another Layer-1 network, has also faced difficulties in returning to its splendid past. With trading at about $0.35 in October 2024, Cardano seems to have made a long journey from its all-time high of $3.10 in September 2021. Like NEAR, Cardano has also been a victim of the bad spirit in the overall crypto market and its slow recovery bodes ill for many investors.
Although the good name of Cardano is due to its involvement with decentralized applications (dApps), and a strong proof-of-stake model, the price does not still show a promising recovery. The fact that some experts are forecasting a slight upward trend of ADA in the next few months does not make it as interesting as IntelMarkets (INTL) which has not yet had its first bull run.
Conclusion: IntelMarkets (INTL) Leaves NEAR and ADA in the Dust
Although some might say that Near Protocol and Cardano are still reliable projects, those are not the best life-changing projects. Whereas, IntelMarkets (INTL) which is highly anticipated with its innovative AI-DeFi platform and a low market cap has great potential.
While NEAR and ADA continue to be incapable of reaching their previous all-time highs, IntelMarkets is the one that is striving to raise its presale funding above $1.3M. The result, it is in the list of the most attention-grabbing altcoins this year.
Read Also: Bitcoin Surges 2.5% to $68415 as U.S. Spot ETFs Hit $20 Billion in Net Flows
Disclaimer: Information provided on AlexaBlockchain is for informational purposes only and not financial advice. Crypto investments, including ICOs, IDOs, presales, and other token offerings, are highly risky. You are responsible for conducting your own research (DYOR) before making any financial commitments. Take professional advice before making any investment. Read complete disclaimer here.
