Sentiment might be largely cautious but a full-blown bull run is imminent. With investors strategizing ahead of the up-only bull phase, a dormant $1 million wallet stirred excitement after stockpiling IntelMarkets (INTL), an AI crypto.
This altcoin, hailed as the next crypto unicorn given its bullish narrative and impending transformation of the crypto scene, is a new DeFi project to watch. Capturing the attention of industry experts, it has been favored ahead of Ethereum (ETH) and Dogecoin (DOGE).
IntelMarkets (INTL): A New Crypto Contender to Bet on
The viral AI crypto IntelMarkets (INTL) is a new favorite among experts and whales due to its bullish narrative and real-world applications. Its AI-powered trading platform is set to reshape the $36 billion global crypto trading market, aiming to challenge the dominance of established players.
By taking a different approach to trading, INTL will set itself apart from conventional exchange protocols. Its self-learning trading robots will give users access to top-notch trading strategies and handle high data volumes with lightning speed from different trading sources. Further, the Intelli-M trading systems will be able to perform rigorous technical calculations from multiple markets in seconds, allowing traders to maximize opportunities.
Given the above, there has been rising interest in the ongoing presale—over $1 million has been raised in early funding. In the third stage of the ICO, a token costs $0.027 but will jump to $0.036 in the coming days. Time to stack up? Meanwhile, experts project a 55x rally after its launch, potentially outclassing Ethereum (ETH) and Dogecoin (DOGE) in gains.
Ethereum (ETH): Tipped for a Jump Above $3,000 in the Coming Days
Ethereum (ETH), the next after Bitcoin (BTC) in market size, is an important player in the crypto landscape. It introduced smart contracts into the blockchain, facilitating the creation of cutting-edge decentralized applications (dApps).
The Ethereum blockchain is the most adopted and its ecosystem is the most vibrant. By integrating Layer-2s and addressing scalability challenges like high transaction costs, ETH is on track for further gains. While it had a slow start to the final quarter, a comeback is close.
Amid a choppy market, the Ethereum price recorded a modest 1.5% gain in the past 7 days, exchanging hands around $2,400. However, top analysts believe it is on track for a break above $3,000 in the coming days, placing it on the list of altcoins to watch out for.
Dogecoin (DOGE): $1 at the Peak of This Bull Run?
Dogecoin (DOGE) is the first fun-themed digital asset and a top-10 cryptocurrency. The dog-themed altcoin has become more than just a meme; it is a good store of value. Equally important is its vibrant community, largely unrivaled in the crypto space.
With memecoins set to be at the forefront of this bull run—as they did during the 2021 run—Dogecoin (DOGE) might lead the charge. However, considering its limited upside potential due to its large market size, DOGE is being overlooked by investors and experts.
However, it is a good crypto to buy for modest gains. The Dogecoin price increased by 3% in the past 7 days, trading above $0.1. Tipped to hit $1 at the peak of this bull run, it is one of the best cryptos to invest in.
Conclusion
Rising whale interest in IntelMarkets (INTL) can be linked to its AI-DeFi narrative and significant upside potential. Hence, it is a compelling alternative to Ethereum (ETH) and Dogecoin (DOGE) and explains the rising interest. Further, its low entry makes it budget-friendly—a good shot at substantial gains without breaking the bank.