Cryptocurrency

Is IntelMarkets (INTL) the Next Ripple (XRP) or Toncoin (TON)? Holders Are Making Big Bets

Market Trends

In the crypto market, traders always want to find the next big thing. Some think they have found the perfect one—IntelMarkets (INTL). This Stage 1 presale star has already sold nearly 30M tokens, which shows traders are gravitating to it. Experts even say that INTL could become the next 11x crypto in 2024 and see the same growth as Ripple (XRP) and Toncoin (TON).

Although XRP has seen some exciting news after a major Brad Garlinghouse announcement and a bold TON prediction by Blockchain Babe, it is clear that INTL is getting more attention. Let's see why.

IntelMarkets (INTL): A Rising Presale Phenomenon

IntelMarkets (INTL) is a new project that has made some noise in the crypto space. Its ongoing presale has been amazing, raising over $230K and potentially reaching $1M before September 2024 ends. People are showing interest and confidence in what IntelMarkets aims to bring to the table.

Notably, IntelMarkets will launch an AI-powered trading platform that stands out. Unlike most, IntelMarkets gives people access to perpetual futures contracts with no expiration dates. This will create new opportunities for long-term strategies. Plus, its dual-chain functionality supports both Solana and Ethereum blockchains. With all these features, IntelMarkets could become a fan favorite for millions.

The INTL native token will be a big part of its ecosystem. It is now in Stage 1 of its presale with a price of $0.009. However, this price will rise to $0.018 after Stage 2 begins. This means those who buy it now will get a 100% return. The expected listing price of INTL is $0.11—an 11x surge from its current price. Therefore, many traders are turning to INTL to capitalize on its growth.

Ripple (XRP): USD Stablecoin To Come in Weeks

Ripple (XRP) has also been making headlines in the market. For example, influencer Amelie revealed that Brad Garlinghouse has made a major announcement. According to her X post, Garlinghouse said the Ripple USD stablecoin RLUSD would be issued in weeks instead of months, as previously reported.

This bullish Ripple news may trigger a rally for this crypto. Speaking of which, XRP's value has jumped over 20% on the monthly charts. Crypto analyst Amonyx says that this is just the start. His X post predicts that the Ripple crypto could soar by 50x in the next bull run. Nevertheless, Ripple is still well below its $1, which may cause traders to look elsewhere.

Toncoin (TON): A Potential Bounce

Toncoin (TON) is another coin that has faced some turbulence. CoinMarketCap shows that the price of Toncoin fell over 15% on the one-week chart. But crypto analyst Blockchain Babe is still confident. Her X post says its weekly chart looks strong at lower prices. She also expects a potential bounce to $4.86 or $5.

But, the technicals for the Toncoin crypto show a more negative picture. Currently, TON is sitting below its 50-day exponential and simple moving averages while also having an RSI of 20, which is in the sell zone. There is bearish momentum for Toncoin at the moment. Thus, market analysts foresee a $5.20 Toncoin price prediction within September 2024.

Final Thoughts

Thanks to its amazing presale performance, intelMarkets may soon be mentioned in the same breath as Ripple or Toncoin. This rookie also has a smaller market cap than these crypto coins, which means it needs less money to see a price surge. As a result, many traders are now turning to IntelMarkets as it could bring the fastest and biggest returns.

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