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The crypto market declined as Bitcoin (BTC) retested $92,000. Unsurprisingly, altcoins lost more gains: Sui (SUI) tumbled and Pepe (PEPE) lost momentum. On the bright side, these are great buying opportunities and a bounce is around the corner.
Meanwhile, sentiment shifts to IntelMarkets (INTL), a new AI crypto. Boasting significant upside potential and considering its innovative blend of AI and DeFi, experts hailed it as this quarter’s best crypto investment. Having already soared 500% since the presale went live, it is one of the new DeFi projects to watch out for.
IntelMarkets (INTL) is one of the fastest-rising stars on the investment block. It stands out thanks to its blend of AI, blockchain technology and DeFi, not forgetting its significant upside potential. As one of the most promising new ICOs, it is both undervalued and budget-friendly, driving whale and retail interest.
The presale recently entered the sixth stage. It costs just $0.054 at the current stage, promising both a low entry and huge growth prospects. Top analysts predict it might be one of this year’s biggest breakout stars, tipping it for a 45x upswing by December. Boasting more room for growth than top altcoins like Sui (SUI) and Pepe (PEPE), it might be the best crypto to invest in this quarter.
Another layer of appeal is its AI-powered trading platform—a shift from the norms. By integrating AI across all levels, it will be the first true modern-gen exchange protocol. Further, its AI bots will be trained on over 100,000 data points and can self-learn from their mistakes and real-time trading data.
The Layer-1 crypto Sui (SUI) is one of the top crypto coins. Its performance this month hasn’t gone unnoticed: a new ATH after crossing $3.9. However, it tumbled amid profit-taking and an overall market decline. The Sui price is down 20% from its peak and has declined by 15% on the weekly charts.
It hovers above $3.18 and might lose the $3 support if BTC drops further. Nevertheless, key indicators like the 200-SMA and 200-EMA hint at a bounce. Moreover, experts’ price outlooks are bullish.
Crypto analyst Mrzuni33 predicts Sui might decline toward $2.50 before its next leg up. Despite this, its mid and long-term price outlooks remain bullish. The crook, a crypto analyst, expects the altcoin to hit $16 during this bull run.
Pepe (PEPE), one of the top memes, is among the best altcoins. Its memetic appeal as the leading frog-themed cryptocurrency is one of its many attractions. However, as the crypto market took a slight downturn, so did its price.
The Pepe price tumbled 8% on the weekly chart, trading around $0.000018. However, it maintains an uptrend—a 100% uptick—on longer timeframes. The current price dip is believed to be a great discount, backed by technical indicators like the 20-EMA and 20-SMA.
Experts also maintain a bullish stance. According to Manofbitcoin, a crypto analyst, the Pepe price broke above the descending trend line, forming a small 5-wave pattern. According to them, the price staying above $0.000018 might force a rally. Zesty_kabob, another crypto analyst, sees the price soaring 50% by December.
IntelMarkets’ (INTL) AI-DeFi narrative and growth prospects can be linked to the rising interest in the ongoing presale. With the launch date quickly approaching, it is on the list of the best altcoins to invest in alongside Sui (SUI) and Pepe (PEPE).
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be risky, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
