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The crypto community is still looking forward to a major rally in the coming months before 2024 runs out. Presently, analysts are searching for the best cryptocurrency to buy.
Luckily, analysts believe the low-capped coin, IntelMarkets, is the best option for investors right now. They believe its price growth will outshine that of Avalanche (AVAX) and Chainlink (LINK).
Avalanche (AVAX) Stablecoin Market Cap Rises
In a recent tweet, the market cap of stablecoins on the Avalanche (AVAX) blockchain has reached its highest peak in the last two years. The chart Avalanche (AVAX) posted showed the market cap has been rising over the past few months to reach a peak of $2.31 billion.
On the other hand, the Avalanche coin has witnessed a price drop in the weekly timeframe. The cryptocurrency suffered losses after failing to surpass the resistance around the $30 region.
Presently, the Avalanche price is trading close to a major support level at the 50-SMA ($24.64). Losing this level could lead to a downtrend in the coming weeks.
Meanwhile, Coincodex is bullish about Avalanche crypto. They say the value of the cryptocurrency could pump to $36.93 in the coming weeks if positive sentiment returns to the market.
Chainlink (LINK) Partner With WMTx
Blockchain-powered mobile network WMTx has integrated Chainlink (LINK) CCIP. The platform will use the arbitrary messaging feature of CCIP and Simplified Token Transfer to make cross-chain token transfer and staking easier for users on the World Mobile Token network.
In other news, the Chainlink coin is consolidating between $9 and $13 on the monthly timeframe. Its market cap is around the $5.5-$8 billion range.
Looking ahead, Chainlink crypto faces resistance levels at 50-SMA ($11.22) and 200-SMA ($14.90). Still, analysts are bullish about its potential and expect a rally to occur in the coming weeks as the community expects a bull run.
Zil_maxi forecast the value of the altcoin could pump to $80 in the bull season. Another analyst Anarchoeconomy says that the Chainlink price might reach $40.
IntelMarkets (INTL) To Rule the Crypto Trading Platform Sector
One of the assets, which have performed exceedingly well in the last three months is IntelMarkets (INTL). Its price has increased by more than 200% from $0.009 in stage one to $0.027364 in stage three. During this period, the amount raised by the DeFi project has increased to $907k. Analysts are bullish about the DeFi token and expect a rally of 10x soon.
IntelMarkets has a rather low market capitalization, so it can experience a high growth rate this year and is perfect for new entrants into the cryptocurrency market. In addition, IntelMarkets is developing a crypto trading platform that will operate in the crypto trading platform sector.
With AI, IntelMarkets is set to rule the global crypto platform trading industry, which is forecasted to be valued at $347 billion by 2030. The developed AI-based blockchain will give the trader’s best-advanced trading tools like self-learning bots powered by Rodeum AI, Omnichannel Processing, Intell-Array technology, customizable charts, risk management tools, and many more.
The trading platform IntelMarkets even has a dual-chain structure that supports Ethereum and Solana with faster trading, low fees, high liquidity, and smart contracts. IntelMarkets also has self-learning bots that investors can teach to follow specific trading strategies or certain levels of risks.
Conclusion
As IntelMarkets’ crypto ICO continues to grow, analysts believe more users will flock to the platform. They expect the new cryptocurrency could surpasse old coins like Avalanche (AVAX) and Chainlink (LINK) in 2024 in terms of gains. Moreover, IntelMarkets has a lower market cap and is yet to reach a new high.
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
