In a recent analysis, crypto pundits predict a potential rise in the value of IntelMarkets (INTL) as the cryptocurrency market increases by $2.2 billion, hinting at an opportunity for crypto enthusiasts to accumulate significant gains. Amid this development, Fantom (FTM) and Sui (SUI) maintain an upward trajectory, with both assets poised to clinch unprecedented heights.
Experts Forecast Upside Movement For IntelMarkets
Experts say IntelMarkets will experience a notable uptick in its token’s value as the crypto market rises $2.2 billion higher amid the ongoing market-wide rebound.
The focus on INTL, IntelMarkets’ native token, can be attributed to its potential role in boosting the crypto ecosystem with its exceptional perpetual contracts exchange. This platform uses blockchain solutions to improve the trading experience of crypto traders in the futures market.
As a dual-chain project, IntelMarkets uses the powers of Ethereum and Solana to offer users swift and cost-effective access to dApps and liquidity pools. With the ongoing rally across the market, investors can maximize gains with up to 1,000x leverage on IntelMarkets.
Users will also have access to enterprise-grade resources and an opportunity to copy the trades of experts with impressive track records.
Its native token INTL has entered Stage 2 of its public presale, gearing up for a 50% rally from $0.018 to $0.027 in Stage 3. However, from the current price to the final presale price, there is a 511% increase, multiplying investors’ capital nearly sixfold. Experts believe INTL has the potential for a 10,000% growth after its exchange listing.
Fantom’s FTM Eyes $2: What’s Behind This Projection?
Fantom has been charging northward in the charts of late, leading to speculations that FTM could be heading toward $2.
This rally, coinciding with the ongoing market-wide recovery, followed an announcement about the upcoming Sonic launch, slated to happen between November and December 2024. Sonic Labs notified the Fantom community about this launch in a blog post on September 13, 2024.
Sonic’s launch will be celebrated with an airdrop event in which Fantom users will share 190 million S tokens of the 500 million supply as rewards for their participation.
The airdrop initiative is geared towards inviting more liquidity into the Fantom ecosystem, potentially boosting the price of FTM. It bears mentioning that Fantom users will be able to swap FTM for S at a 1:1 ratio.
Reacting to the development in an X post, Jagoilio, a crypto analyst, shared a chart of FTM, hinting at an imminent surge in the Fantom coin’s market value. He posited that Fantom bulls have conquered the bears, and the asset is on the verge of breaking through a diagonal resistance joint. Notably, Fantom is up 22.63% to $0.63 in the last seven days.
SUI Soars by 48% as Sui’s TVL Almost Hits $1 Billion
Sui Network’s Total Value Locked (TVL) is approaching the $1 billion mark, sparking assumptions that SUI could experience a significant upshift.
Among the top 100 cryptocurrencies, Sui is the second top gainer in the last 30 days, trailing Bittensor. This amazing price performance has drawn parallels between SUI and SOL in 2021 and 2022.
On August 5, 2024, Sui’s TVL crashed to $342 million alongside the broader crypto market. Today, it has grown thrice that much, currently sitting at $913 million, per DeFiLlama. The TVL increase positioned SUI ahead of POL, launching it near the $1 billion milestone.
Besides the TVL, Sui’s social dominance has also widened. This expansion implies that SUI is appearing in a lot more conversations lately. Presently, the asset is trading at $1.54, having gained 48.41% over the last seven days.
INTL’s Imminent Rally to Outshine FTM And SUI
INTL’s predicted surge is expected to overshadow that of FTM and SUI. Experts believe that IntelMarkets’ endeavor to capture a significant portion of the total market share will spur an exponential surge in INTL’s market value. Hence, investors looking for lucrative crypto investments secure gains with INTL.
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The post Experts Predict Upward Movement For IntelMarkets (INTL) As Market Adds Over $2.2 Billion, Fantom And SUI Rally On appeared first on Crypto News Land.
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