Cardano investors ditch ADA for new coin set for 10x growth by Q1 2025
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
With a bull run ahead, Cardano’s 10x gains by Q1 2025 seem unlikely, but IntelMarkets and Solana are gaining attention.
Table of Contents
With a bull run coming ahead, many investors are still asking if Cardano (ADA) will be the next to see 10x gains by Q1 2025. However, such a leap does not seem possible for ADA, according to the analysts.Â
However, the attention is slowly shifting to IntelMarkets, which is relatively new and can become the leading player in the crypto market that can achieve this high ROI. On the other hand, Solana (SOL) is set to experience one of the biggest token unlock events, and this can shape the market in the coming weeks.
Solana set for $524K unlock, price drop coming?
Solana, one of the top altcoins in the market, is expected to unlock 524,030 SOL tokens, equivalent to $78.57m, in the next week. The tokens to be unlocked are 0.11% of Solana’s circulating supply, according to Wu Blockchain.Â
The unlock is expected to happen between October 8th and October 14th.In the meantime, the Solana coin is under the bearish sentiment and might even go lower with the upcoming unlock.
According to data from TradingView, the Solana price has dropped below the 200-SMA at $146.73. The token is mirroring the price fluctuations in the broader cryptocurrency market.
It has been consolidating between $120 and $160 in the past month. Looking ahead, the Solana token could rise to new highs in the coming months ahead. The expected launch of Solana ETFs and the bull run could be all the token needs to reach the March 2024 high of $209.
Cardano 10x stronger than last cycle, says analyst
In a recent tweet, crypto analyst Dan Gambardello says Cardano is 10x times stronger this season than it was in the last cycle. He mentioned several factors that have helped in the growth of the network over the last three years to support his assertion.Â
Gambardello mentioned that the Cardano network has become community-owned due to the Chang Hard Fork, which brought decentralization. Analysts also discussed the resilience of Cardano ADA as it remained on the list of top ten altcoins even after the huge downtrends in the last few months.Â
Currently, Solana is ranging near the 50-SMA currently at $0.3583. It has little possibility of reaching a 10x ROI by next year due to its high market cap and recent market sentiment. Still, we might see the Cardano price soaring to $0.62433.
IntelMarkets set for 10x pump
Many industry experts consider IntelMarkets (INTL) as the best cryptocurrency to invest in right now, given its unique approach in the $36.5 billion crypto trading platform market. The project wants to integrate elements of blockchain, Decentralized Finance, and Artificial Intelligence into its upcoming traditional trading platforms.
The personnel working on the project are past executives from MIT, OpenAI, Renaissance Technologies, and Goldman Sachs. IntelMarkets will make advanced trading tools and features available to retail traders. The AI platform is designed in a manner that allows traders to trade using AI robots.
The bots learn from their mistakes and can improve on them. Moreover, IntelMarkets has other features in trading like charting software, Intel-Array technology system and more. It also has features like a dual-chain structure, 1000x leverage for high profits, high liquidity, and fast transaction speed.
Now in the third stage of its presale, IntelMarkets’s INTL coin is priced at $0.027364. Analysts forecast that the price of the DeFi coin could increase by 10x to $0.2 by the first quarter of 2025. Compared to Cardano (ADA), INTL has a lower market cap and more hope for adoption, given its utility.
The best crypto to buy for 10x profits
From the article, the best cryptocurrency to go for to get 10x gain is IntelMarkets. Analysts say it has more potential to reach this level compared to Cardano. Investors should join the presale now before the price increases.
To learn more about Intel Markets, visit the presale website or join the community on Telegram and X.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.