The cryptocurrency sector seems to be preparing for a bull cycle in the coming weeks, with investors buying bullish coins aggressively. Among the coins considered good buys are BNB (BNB) and Sui (SUI), which are projected to record huge gains soon.
However, IntelMarkets (INTL), a new AI crypto coin, is expected to dominate the market in the upcoming bull cycle. While BNB and SUI are surging on the price charts, all attention has shifted to INTL.
Analysts even suggest it can gain by 3,000% as it integrates AI with blockchain technology. Read on for more details!
BNB Shows Stability Amid On-Chain Activity Decline
After briefly challenging the $555.15 support zone, BNB gained around 4.1% between October 10 and October 11, 2024. Notably, BNB’s price has been consistent despite a drop in the general crypto market since July.
Investors are worried that BNB’s recent performance might not be sustainable because on-chain activity for its underlying BNB Chain dropped by 37% in the past week. On-chain network fees and deposits are important indicators that help determine whether BNB Chain activity is responsible for BNB price movements.
Meanwhile, Binance introduced its 23rd proof of reserves report on October 1. This report highlighted a drop in user assets compared to September. Binance owns 596,113 BTC, a 1.58% reduction from the previous month. Despite this plunge, BNB seems stable and might continue with its upside momentum.
On October 14, BNB traded at $572.66, up 1.26% in the last week. With all these factors, analysts believe BNB will rise to $605.18 by the end of this month. Although BNB is still a good buy, investors are also turning to IntelMarkets to increase profits by including bullish coins in their portfolios.
INTL Gains 200% in Its Presale, Poised for 3,000% Growth
IntelMarkets has taken the market by storm with its impressive presale performance. The AI token has given early buyers a 200% profit within a few months.
Furthermore, demand is massive, with over 11 million INTL tokens already sold. This level of demand is rare for new projects in the crypto space.
Essentially, IntelMarkets strives to benefit from the expanding AI market, which Statista forecasts may be worth an impressive $826 billion by 2030. IntelMarkets will launch an AI-powered smart trading platform to tap into the thriving market.
The combination will ultimately make IntelMarkets stand out from the crowded crypto space. For example, IntelMarkets traders can use AI-based cost averaging, auto-investment strategies, and advanced self-learning trading robots.
Furthermore, a 1000x leverage will help increase traders’ profit while reducing risk. All these features have pushed many traders to rush to the IntelMarkets ICO event.
Currently, investors can acquire the INTL tokens for only $0.027 in Stage 3 of the presale. Remarkably, INTL will gain around 33% when it transitions to Stage 4 of the presale, valued at $0.036.
INTL’s presale has raised over $1.13 million and may surpass $2 million before the end of October 2024. Analysts forecast another 3,000% increase once a Tier-1 CEX lists INTL soon. They believe the INTL project might be the best crypto presale event and one of the most promising bullish coins in 2024.
SUI Gains 18% in a Week, Surpasses $1 Billion in TVL
SUI recorded a strong performance in the past week, gaining around 18% from $1.75 to close at $2.24. The bullish momentum intensified during the market recovery on October 11 and 12, 2024, when it gained 21%.
Based on an October 9 press release, NAVI Protocol confirmed plans to integrate USD Coin on the day it goes live on the Sui blockchain. Despite the bullish announcement, SUI lost around 5.61%, indicating that while the momentum is strong, a period of consolidation or minor correction might arise unless strong buying pressure persists.
Recently, Sui made headlines for surpassing the $1 billion in total value locked (TVL). The massive growth of over 2700% in the last 12 months is underpinned by its advanced features like an active developer network and the DeepBook central limit order book.
On October 14, SUI was valued at $2.24, up 18.23% in the past week. Analysts say SUI will rise to $2.58 this month, supported by developments on its network. Investors are also turning to the INTL market for increased profits in the coming bull market.
IntelMarkets Leads the Top Bullish Coins List in 2024
While BNB remains a strong option for investors with its recent price stability and growth potential, it faces challenges related to on-chain activity and competition in the crypto market.
Sui has also gained traction, boosted by its strong network developments and remarkable total value locked (TVL) growth, making it an attractive option in the coming bull market.
Nonetheless, IntelMarkets stands out as a top contender among bullish coins for massive ROI, powered by its advanced AI integration and strong presale performance. With analysts projecting a 3,000 surge in INTL’s value, it offers a lucrative opportunity for investors seeking bullish coins to maximize their profits in 2024.
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The post Is BNB Still A Good Buy In 2024? Experts Explain Why SUI And IntelMarkets (INTL) Are The Best Bullish Coins appeared first on Crypto News Land.
