XRP Pumps Amid SEC Clarity; ADA Soars 70%; IntelMarkets Attracts Bullish Traders This Altseason After $2M Frenzy

With the latest altseason, major altcoins Ripple (XRP) and Cardano (ADA) are back in the spotlight as XRP benefitting from regulatory clarity, and ADA up over 70% this week. But more and more seasoned traders are looking to IntelMarkets (INTL) as a high potential pick with a projected 75x upside after the coin’s achievements during the presale. 

IntelMarkets (INTL): The New Contender with Massive Upside

Running on a bullish AI-DeFi narrative, IntelMarkets (INTL) has rapidly attracted investor attention who are looking to ride the wave. Pioneering a platform that will have AI-powered trading algorithms, INTL traders will have access to the best trading strategies. Additionally, IntelMarkets is backed with a robust dev team, consisting of seasoned industry specialists from OpenAI and MIT, to build the first fully AI powered exchange protocol for retail traders. 

The IntelMarkets presale secured more than $2 million in just a few weeks — its price is $0.045 in the fifth stage. Post-launch, analysts expect a huge rally and predict a 25x when listed on major exchanges. Since this low entry price has made this an attractive option for those seeking life changing gains, much like with other coins like XRP and ADA who tend to offer slower growth. 

XRP: Riding the Wave of SEC Clarity

Ripple’s (XRP) ride has been rocky, with the U.S. Securities and Exchange Commission (SEC) legal battle still ongoing. Following the US election, many speculate that the SEC chairman Gary Gensler may resign this week. This may result in the resolution of the 4 year court battle that has haunted Ripple. The latest legal clarity helped XRP to rally further, increasing over 40% this week.

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Source: CoinMarketCap

Currently, XRP changes hands for $0.73, a steep price hike that followed after a year of difficult price developments. But XRP trades far below its all time high at $3.84 reached in early 2018, and while there’s hope it could surpass $1.50 before the end of the year, upside is constrained by the fact it already has a big market cap and cautions investors about the risks of its regulatory cloud.

Cardano (ADA): Up 70% on the Weekly Charts

Also one of the standout coins this year has been Cardano (ADA), which has skyrocketed more than 70% in the last 7 days alone. Cardano has earned a reputation as a methodical blockchain developer and has strong support from both developers and institutional investors. ADA is currently trading at around $0.58, showing strong bullish signals.

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Source: CoinMarketCap

A massive chunk of ADA’s value lies in the fact that it is a platform for decentralized applications, but that advantage is being eroded by newer platforms that are much faster and have much smaller fees. Although there are forecasts that foresee ADA reaching its annual highs again, some analysts think that Cardano will peak near the $0.85 resistance level.

Conclusion

Because XRP and ADA have large market caps and have been around for a while already, there is very little room left for exponential growth. IntelMarkets is a unique combination of AI and DeFi, low entry price, and 25x upside upon ICO makes it an appealing project to add in your portfolio.

If you use the promo code “INTL20”, you will get a 20% bonus!

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Source: https://blockchainreporter.net/xrp-pumps-amid-sec-clarity-ada-soars-70-intelmarkets-attracts-bullish-traders-this-altseason-after-2m-frenzy/