Anticipation around a rate cut by the Federal Reserve this September grows, which typically increases US dollar flow and weakens its value. With the crypto market set to become more appealing to investors, prices are expected to fly, making positioning crucial.
The top three altcoins to invest in to make the most of this wave are Solana (SOL), Toncoin (TON) and IntelMarkets (INTL), a new AI-DeFi protocol. SOL and TON might retest their annual peaks or go on price discoveries before the year’s end. Meanwhile, INTL, a new altcoin, is on a bullish and adoption path.
IntelMarkets (INTL): A New Altcoin to Watch Alongside Solana (SOL) and Toncoin (TON)
IntelMarkets (INTL), a new AI-based DeFi protocol, is among the latest entrants in the investment town. As one of the newest ICOs, mere participation promises 11x gain by the launch date. 45x upswing is projected after its market debut, positioning it among the best new cryptos to invest in.
The presale is in its early stages, in the first round. A token is competitively priced at $0.009 and over $270,000 has been raised in just a few weeks since going live. Its robust team, which includes experts from MIT, OpenAI and Renaissance Technologies, adds to its appeal.
In addition to its substantial upside potential, its impending transformation of the $36 billion global crypto trading market will contribute to its ascent. As the first AI-powered L1 blockchain, it will feature embedded trading robots trained on over 100,000 data points. AI will be integrated across all levels, making it the first true modern-gen trading platform and a strong contender.
Solana (SOL): Eyes a New Peak
Solana (SOL), a top 5 cryptocurrency, hovers above the $130 support. The Solana price is slightly up on the weekly charts—a 1.2% uptick. However, analysts believe this period of breather or consolidation precedes a huge price jump.
As appetite for cryptocurrencies grows as the US dollar weakens post-rate cut, Solana (SOL) will be one of the top crypto picks. A bullish forecast hints at a rally past $300 before the year’s end, soaring past its 2021 all-time high of $260 and going on price discovery.
This Solana price prediction has been stirring up quite a buzz, with traders already holding long positions. At the current price, it presents a good entry, making it one of the best coins to invest in for substantial gains.
Toncoin (TON): Primed for Price Discoveries
Toncoin (TON), a Layer-1 token, is another altcoin to watch out for. The Telegram-based cryptocurrency is one of the most promising, considering its rising adoption. Thanks to the buzz around Telegram mini apps and mass onboarding to the TON chain, demand for Toncoin is set to skyrocket even more in the future.
On the Toncoin price chart, it is up 12% in the weekly timeframe. It retails at $5.6, continuing its recovery following the arrest of Telegram CEO Pavel Durov. The altcoin trades 14% below its monthly peak of $7, leaving plenty of room for growth.
Regarding its growth prospects, a Toncoin price prediction suggests a breakout above $6.5 before the month’s end. It is tipped to go on price discoveries as demand for crypto rises, placing it on the list of altcoins to watch or invest in ahead of the next market jump.
Conclusion
With a rate cut expected to weaken the US dollar and spark demand for cryptos, the top three altcoins to bet on are Solana (SOL), Toncoin (TON) and IntelMarkets. Their significant upside potential, not to mention solid fundamentals, makes them top crypto picks.
Discover More About Intel Markets:
Presale: https://intelmarketspresale.com/
Buy Presale: https://buy.intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
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