Gregory Pudovsky
Published: October 10, 2024 at 1:00 pm Updated: October 09, 2024 at 12:36 pm
The cryptocurrency market is currently experiencing volatility as investors search for the next big altcoin that will provide tremendous gains. Although Cardano (ADA) has been around the scene for some time now, a new AI-based coin, IntelMarkets (INTL), is about to join the race.
Experts say this new token could give a 20x return on investment by the fourth quarter of 2024. Meanwhile, IDA Finance has adopted Chainlink’s CCIP and PoR technologies for its stablecoin.
Cardano (ADA) Will Shock Everyone, Says Analyst
In a recent analysis video, crypto analyst Dan Gambardello said that Cardano (ADA) is on the brink of a significant price movement, and many traders may not expect it. He analyzed the performance of the Cardano crypto during the 2020 bull run and correlated it with the current bull run.
According to him, this consolidation phase could end suddenly, and the Cardano price might easily soar above the $1 barrier by December. He suggested that the broader crypto market could push Cardano (ADA) into the $5 to $10 zone.
In the meantime, the Cardano coin is trading within a narrow range of $0.3-$0.4 on the monthly chart. The sentiment around the cryptocurrency is bearish, judging from the 14-day RSI, which has dipped below $50.
IDA Finance Taps Chainlink (LINK) PoR and CCIP for Stablecoin Product
Hong Kong-based digital assets issuer IDA Finance revealed that it will be incorporating Chainlink’s (LINK) services into its upcoming HKDA stablecoin. The platform will be integrating with Chainlink’s Proof of Reserves and Cross-Chain Interoperability Protocol.
With the help of Chainlink (LINK) PoR, users and investors can check the assets that back up HKDA and the reserve assets held by IDA. Despite the news, the Chainlink coin is showing losses on the weekly and monthly timeframes.
The price of the Chainlink crypto has dropped below the 50-Day SMA ($11.33) and 200-Day SMA ($14.81) due to the downtrend. Even the 14-day RSI is now bearish, trading below the 50 mark. If recovery occurs, the Chainlink price could retest these resistances in the coming weeks.
Investors Rush To IntelMarkets (INTL) for 20x Profit
IntelMarkets (INTL) is working on a crypto trading platform that will allow traders to access some of the rare advanced tools used by Wall Street giants. Some of the tools it offers include IntelMarkets’ Autopilot Trading Robots, Intelli M trading systems, and so on. Research revealed that the perpetual futures market was valued at $101.9 Billion in 2022.
IntelMarkets’ vision is to become a giant in the cryptocurrency trading market and provide perpetual futures trading to its users. Both experienced traders and newbies will be able to use its advanced trading instruments as well as features such as copy trading, 1000x leverage, and fast trades. Further, IntelMarkets will have an AI trading Bot to help investors generate more profit.
The bots can keep track of price variations in the market and also follow trading strategies given to them. What makes them unique is their self-learning capability. They can learn from trading errors or mistakes and improve on them in future trades. Based on these features, analysts say IntelMarkets could become the goto platform for crypto trading in the future.
Meanwhile, IntelMarkets’s ongoing crypto ICO has been a major success. The project just crossed $1 million in funds raised and is now heading for $2 million. Also, the price of its native token, INTL, is up 200%. Analysts expect a price surge of 20x in the coming months.
Investors Rush To IntelMarkets for 20x ROI in Q4 2024
IntelMarkets is the best crypto to buy right now. Analysts forecast its price could increase by 20x before 2025, outshining top altcoins like Cardano (ADA) and Chainlink (LINK).
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
Meta Title: Is This AI Coin the Next Cardano? Experts Predict 20x ROI in Q4 2024; IDA Finance Integrates Chainlink CCIP & PoR
Meta Description: Experts suggest this AI coin could rival Cardano with a potential 20x ROI in Q4 2024, while IDA Finance adopts Chainlink’s CCIP and PoR technology.
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About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
More articles
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
