In the past 30 days, SUI has led the altcoin market in gains, surging by over 80%. Now, experts say that a dip is much needed to balance out the massive month SUI had. Meanwhile, XRP is facing criticism as holders start doubting its utility.
With these events taking place for SUI and XRP, crypto experts have started looking for new projects that hold more potential. Luckily, they’ve found what they were looking for in a new Ethereum-based AI coin that has huge room for growth and offers great utility.
XRP Fails to Break $0.60 Again Amid Investor Criticism
XRP whales are known for their patience and confidence. However, recently, their confidence in XRP has been dwindling, as more and more XRP enthusiasts start to question the token’s utility.
This sentiment comes from a statement from the SEC pointing out that XRP’s price and movements are based largely on speculation, hinting that XRP’s utility is not as strong as holders think it is. Of course, many ignored this comment, but after the disappointing price action that XRP has shown this year, some studied what the SEC said and subsequently agreed.
Now, XRP holders are starting to believe less and less in the utility that this token offers, stating that if the utility was really the primary driver of XRP’s movements, the token would’ve been trading much higher by now.
As a result, XRP has failed, yet again, to break through its $0.60 resistance, and is currently trading at $0.59. In the past month, XRP only managed to move up by 0.54%, which is extremely low compared to tokens like SUI. Thus, XRP whales are looking for other projects that have more potential, and they’ve found it in the new Ethereum-based AI coin.
SUI: A Retracement Is Needed After Its Great Run
After increasing by over 80% over the last 30 days, SUI has become one of the most talked-about tokens on the market. However, experts say that SUI will face a dip very soon as the SUI chart shows the need for a retracement before another leg up.
Also, as new trends emerge on the market, savvy investors will be jumping ship to get into projects that follow those trends. Per experts, AI coins will be taking center stage soon, and coins like SUI and XRP don’t fit this agenda.
After its huge increase this month, SUI is now trading around the $1.70 mark, and the dip is already slowly beginning to show itself. However, this won’t be catastrophic for SUI, instead, it might give investors a chance to buy lower in a few months’ time.
But what should they rotate into? Experts have chosen IntelMarkets (INTL) as the best option.
IntelMarkets: The Ethereum-Based AI Coin That Is Set To Shake up the Market
IntelMarkets is an innovative AI trading platform that is currently in its early stages. As such, it is set to lead AI coins when the incoming AI boom explodes, as experts say it has the most room to grow and evolve compared to already-established AI coins.
IntelMarkets has come into the spotlight due to the functionalities and features it offers. Namely, it allows traders to trade on both Ethereum and Solana. This gives traders the ability to capitalize on two of the most popular blockchain right now, blockchains which most choose to use in their daily lives.
IntelMarkets also leverages the next-gen Rodeum AI for its self-learning robots, which can help traders completely automate their strategies and make profits while sleeping. The AI robots will learn how traders make their trades and then automate their capital allocation and profit-taking in a unified dashboard. The robots will also manage risk, trading goals, and profit targets the way the traders do themselves, providing a fully automated trading setup to all IntelMarkets users.
Experience the Full Boom of AI Season With INTL
Being an Ethereum-based AI coin, INTL has the opportunity to experience the full potential that the incoming AI boom will provide. As such, experts recommend that traders get in on INTL now while it’s early, as INTL is still in Stage 2 of its public presale.
Right now, INTL is trading at $0.018182, a price that will grow steadily during the presale, reaching $0.11 at launch. These developments will give Stage 2 INTL investors over 500% presale gains, but those are just the beginning.
With the AI meta on the horizon, INTL has the potential to surge 1,000x in value, making it the most promising new AI project at the moment.
Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.