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As the next phase of the bull market sets in, investors are on the lookout for the best coins to buy that can turn a $100 investment into a whopping $10,000. Three coins that fall into this category include Solana (SOL), Sui (SUI), and IntelMarkets (INTL). Recent market data shows that these coins exhibit potential for immense growth.
Let’s find out whether SOL, SUI, and INTL can deliver the anticipated 100x gain to a $100 investment!
Ryan Lee, Research Chief Analyst at Bitget, has asserted that October 2024 could be a bullish month for Solana. He based his claim on the rising activities within the Solana network, along with key partnerships and an overall bullish sentiment among users, which are setting this precedent.
Lee noted that these factors could benefit SOL’s price, pushing it to the $160-$180 region before the month ends. He added that the $110 price range has repeatedly served as a buffer for SOL, providing ground support during previous downturns, including the August wipeout.
Interestingly, On-chain data provided by DeFiLlama showed that Solana recorded a surge in its Total Value Locked in September, which rose to $5.5 billion.
This growth was accompanied by an increase in institutional interest reflected in the props given by asset managers Franklin Templeton and Citibank.
Given the amount of support Solana is receiving, its native token SOL could experience an explosive surge during the upcoming market leg-up, particularly after scaling key resistance levels like the $180 region.
At present, SOL is trading at $140, down 5.86% in the last 24 hours, yet regarded as one of the best coins to buy ahead of a market-wide rebound.
SUI rose more than 160% in September 2024, ranking among the top gainers for the month, with its price approaching $2. This impressive performance has sparked optimism about the future of the layer-1 crypto project.
Besides its rising price, SUI is experiencing monumental growth across key metrics, hinting at growing adoption and usage. This is evident in the latest TVL report published by DeFiLlama, showing Sui’s TVL had attained an all-time high due to surging demand for its DeFi ecosystem.
Notably, Sui’s Total Value Locked (TVL) currently sits at $1.07 billion, a new ATH, according to DeFiLlama. This development has caused analysts to begin keeping a close watch on the $2 psychological level, which, once conquered, could launch SUI to unprecedented heights.
SUI is now trading at $1.84, up 3.89% in the last 24 hours and 20% below the $2 target level. Scaling this region could see SUI make a run for the $10 region once the bull market is in play, presenting the SUI coin as one of the most lucrative coins to buy.
Experts have listed IntelMarkets’ INTL among the most lucrative coins to buy before the bull market becomes fully-fledged. They believe this coin has the potential to soar a hundred-fold due to the growing demand that has helped push the price up thus far.
The attraction to IntelMarkets not only has to do with INTL’s profit potential but also its use cases as a crypto trading exchange. IntelMarkets brings cutting-edge technology to the futures trading landscape, which has become a game-changer for perpetual contract traders.
First, the platform runs on a dual-chain structure that combines Ethereum and Solana, using their capabilities for increased speed and cost-effective trading services within a flexible trading environment. Traders will also be able to trade with up to 1,000x leverage, copy experts’ trades, use self-learning robots and access various asset pairs on the exchange.
INTL is listing at $0.11 in a few days, a whopping 307% increase from its current price of $0.027 in Stage 3 of the public presale. Its exchange launch will usher in massive gains, potentially as high as 100x for early investors.
Considering the promising outlook of SOL, SUI, and INTL, experts are endorsing these assets as three of the best coins to buy before the bull market is in effect. They promise outsized gains that investors ought to capitalize on ahead of the market’s top in 2025. With experts backing these coins, investors may want to check them out.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
