Navigating the crypto market can be as simple as buying at the bottom and selling at the top. With dips providing great buying opportunities, traders have been accumulating Avalanche (AVAX) and Toncoin (TON) after the latest decline.
At the same time, investors have been doubling down on IntelMarkets (INTL), a novel AI crypto. Its bullish AI-DeFi narrative and significant upside potential paint a bullish picture, explaining the rising retail and whale interest.
IntelMarkets (INTL): A More Promising Bet Than Top Crypto Coins
IntelMarkets (INTL) is a novel AI crypto teeming with potential. Its AI-DeFi narrative is one of its biggest attractions, followed by its novelty and upside potential. Unlike top altcoins Avalanche (AVAX) and Toncoin (TON), it has plenty of room for growth as a low-cap gem, making it an investor favorite.
Its $1.6 million fundraising milestone in record time puts it in the spotlight, outpacing most new ICOs. This surge in interest is a vote of confidence in its potential, with early adopters preparing themselves for the “biggest” ride this year. Meanwhile, a token costs only $0.036 in the fourth stage and is tipped for a 35x rally after its debut.
Further painting a bullish picture is its imminent adoption as an AI-powered trading platform. It will combine AI with blockchain technology and DeFi, incorporating AI across all trading levels. The significance will be unprecedented computing power for traders, setting it up to transform the $36 billion global crypto trading market. It stands out even more as its dual-chain architecture means it will support and can run on the Ethereum and Solana blockchains.
Avalanche (AVAX): A Top Altcoin To Watch
Avalanche (AVAX) is a popular Layer-1 blockchain—a platform for decentralized applications (dApps) and custom blockchain networks. Its higher throughput and scalability make it a favorite DeFi platform. As uncertainty looms ahead of the upcoming US election, AVAX swung low.
The Avalanche price tumbled over 5% in the past 7 days. With the price in an attractive buying zone, traders have been scooping it up, termed a huge discount by industry experts. Amid the ongoing accumulation, Bitcoin crossing $70,000 pushed AVAX to the upside on the daily chart—a 5% gain, trading above $26.
With further upswings anticipated, Avalanche (AVAX) is an altcoin to watch. It is on track to regain its monthly high of $29.7 in the coming days, paving the way toward its annual peak of $60.
Toncoin (TON): Preparing to Flip $6.9 Resistance
Toncoin (TON), made popular by Telegram and mini apps on the messaging app, is among the top 10 cryptocurrencies. It registered an all-time high of $8.24 in June—four months ago. There has been over a 35% decline since then.
The arrest and indictment of Telegram CEO Pavel Durov, profit-taking and the overall market downswings are behind its decline. The Toncoin price tumbled over 10% in the monthly timeframe and 4% in the past seven days. Despite this, it maintains the $5 support.
With accumulation ongoing, Toncoin (TON) is primed for a big leap—a good crypto to invest in. Next on its list might be flipping the $6.0 resistance and breaking out above $6.9. The coming days promise to be exciting and TON is among the best cryptos to invest in.
Conclusion
Traders accumulate Avalanche (AVAX) and Toncoin (TON) after the recent dip, pushing them to the upside on shorter timeframes. Meanwhile, IntelMarkets (INTL), a new AI crypto, promises more gains, tipped for a 35x rally after its launch.
