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Breaking News: Bitcoin Price To Recover $100,000: BTIG Cites Key Reasons For Optimism

Life-Changing Gains With TRON (TRX) and Polkadot (DOT)? That Ship Might Have Sailed But Experts Say This New AI Crypto Could 100X

NewsBTC
NewsBTC
Last Updated: November 8, 2024 5:00 pm
3 mins read

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The crypto landscape is filled with potential, perhaps not on the top 100 crypto table. Becoming a top altcoin means growth over time, with the implication being limited upside potential. Hence, the chances of making life-changing gains with top crypto coins like TRON (TRX) and Polkadot (DOT) are slim or nonexistent.

However, IntelMarkets (INTL), a new and emerging AI altcoin, has plenty of room for growth as a low-cap gem. Besides its bullish AI narrative, its imminent adoption as an AI-powered trading platform makes it a new DeFi project to watch out for.

IntelMarkets (INTL): Is it The Best New Crypto to Invest in?

IntelMarkets (INTL), one of the newest altcoins on investors’ radars, stands out for its upside potential. As an AI-driven project, not to mention being a low-cap gem, it has more room for growth than established players like TRON (TRX) and Polkadot (DOT).

Given its solid fundamentals as an AI-powered trading platform, it is poised to reshape the $36 billion global crypto trading market. It will feature advanced tools like trading bots, designed to give users access to profitable trading strategies. More importantly, these bots can self-learn from their mistakes and real-time trading data, improving their performance over time.

With the presale selling out fast in the fifth stage, it is priced at $0.045. Over $1.9 million has been raised in early funding, suggesting confidence and trust in its potential. Meanwhile, experts project a 100x rally after its launch considering its AI-DeFi narrative and impending adoption.

TRON (TRX): Limited Growth Prospects

TRON (TRX), a top 10 cryptocurrency, is one of the popular Layer-1 blockchain platforms. It houses decentralized applications (dApp) and the recent launch of SunPump, a memepad, introduced memecoins to the ecosystem.

The TRON price nosedived in the past 7 days—a 4% downturn. It changes hands around $0.16, failing to maintain the meme hype. A crypto analyst predicts a drop to $0.14 if the current support fails to hold. If it does, a retest of $0.17 and a breakout are on the cards.

Moreover, TradingView’s simple moving average (200) at 0.1373 is a buy signal, suggesting a price jump. However, the simple moving average (10) at 0.1648 is a bearish signal, hinting at a downturn in the TRON (TRX) price. Meanwhile, given its large market cap, there isn’t plenty of room to run, meaning it isn’t the best cryptocurrency to invest in.

Polkadot (DOT): Price Consolidates

Polkadot (DOT) is a multichain protocol that connects and secures a network of specialized blockchains. It allows blockchains to be interoperable with each other, making it a key player in the crypto scene. However, with a market size of over $6 billion, there is just so much growth it can experience.

On the weekly chart, the Polkadot price is $4, consolidating between $4.1 and $4.2. However, a Polkadot investor believes generational wealth is possible, predicting a jump to $80 and $120 by November 2025, which, interestingly, according to them, is a “conservative estimate.”

Meanwhile, TradingView’s Exponential Moving Average (30) at 4.115 hints at a downswing, although some moving averages give buy signals. While modest gains are on the cards, life-changing gains might be out of the question.

Why IntelMarkets (INTL) is a Top Pick Ahead of TRON (TRX) and Polkadot (DOT)

As a new altcoin, IntelMarkets (INTL) has more room for growth than established cryptos like TRON (TRX) and Polkadot (DOT). Additionally, its AI-DeFi narrative paints a bullish picture, setting it up for massive growth.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

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