Recent data has shown four leading cryptocurrencies primed to create more millionaires before the end of the ongoing bull run. These assets include Intel Markets (INTL), Aave (AAVE), Tron (TRX), and Dogwifhat (WIF). Due to this projection, investors are keeping a tab on these assets, waiting for the right time to capitalize on them.
Let’s find out the reasons behind so much optimism regarding these coins!
Intel Markets is making a name for itself as an investment unicorn for futures contracts due to its cutting-edge perpetual offerings. As a vanguard in the crypto trading landscape, Intel Markets introduces unmatched futures contract solutions that include access to advanced leverages. These leverage options can range as high as 1,000x, snowballing traders’ potential gains.
The platform was developed on Ethereum and Solana, with both blockchains providing it with flexibility and scalability solutions. The platform is known for its lightning-fast execution speed, robust risk management tools, and a wide collection of asset pairs.
In addition to these solutions, Intel Markets also offers traders favorable borrowing conditions to improve liquidity and flexibility.
Intel Markets’s native token INTL is in Stage 1 of its public presale, selling for $0.009 per token. INTL is projected to deliver up to 11x returns to investors upon its official launch. Specifically, the token will be listed at a market price of $0.11, indicating a 1,100% increase in its price.
Stani Kulechov, the founder of Aave, has announced the launch of two customized markets on Ethereum’s mainnet, one for EtherFi and the other for Ethena, in the weeks ahead. Stani revealed this imminent development in a tweet on September 8, 2024. He noted that this is a renaissance period for decentralized finance, with Aave leading the charge.
Aave is making significant progress in improving the DeFi sector with specific tailored solutions. These customized markets, for instance, are one of the mediums through which the blockchain is achieving this goal.
By launching these markets on EtherFi and Ethena, Aave is creating a flexible and controllable way to provide better functionality and a more efficient trading experience for market participants.
Stani added that plans are underway to expand these customized markets, such as ZKSync and Linea layer two networks. This will increase accessibility and reduce the cost of DeFi services on Ethereum. At the time of the announcement, Aave had dropped 2.99% to $124.98.
Tron has witnessed a rise in transaction activity since the debut of SunPump, a platform that allows users to create Tron-based meme coins. SunPump went live on Tron on August 9, 2024, and has since altered the trajectory of the network in terms of non-stablecoin transaction counts.
Initially, stablecoins accounted for roughly 98% of the total amount of transactions that occurred on Tron. After SunPump, stablecoin’s dominance on Tron fell to 75%, while non-stablecoin transaction counts rose by 25%.
This shift indicates a significant evolution in Tron’s network, driven by SunPump and meme coin’s growing popularity on Tron. The trend shows how innovations like this can rejig a blockchain’s trajectory. TRX, the native coin on Tron, has risen 0.46% to $0.152 in the last 24 hours.
Dogwifhat is leading the meme coin resurgence after it registered a 12% surge on September 3, 2024. The coin recorded a 12% price pump in the early trading hours of the indicated date, crossing the $1.16 level. As WIF attempts to retake key support ranges, some crypto experts have predicted possible levels the coin could attain.
One such pundit is Ameba, who claims that WIF could initiate a short squeeze to $1.88 and $1.22, provided it reclaims the $1.51 support level.
Another crypto commentator, Bluntz, called attention to the formation of a channel on WIF’s chart and an ongoing retest of its base level. He believes that the retest, if successful, could lead to an explosive rally to $2.40 in the days ahead.
However, it is important to monitor WIF’s short-term actions before plunging into investing in the asset. So far, there is no clear indication of bullishness for WIF, and it is not enough to see it hit its all-time high. In the meantime, the asset is up 5.73% to $1.51 in the last seven days.
Although the market lacks sufficient fuel to drive a massive price movement, the imminent altcoin season could alter this outlook. INTL will likely lead the charge, given its much higher potential for growth. Moreover, Intel Markets’ irresistible offerings may also contribute to traders going for INTL instead of existing alternatives.
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Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
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