FED rate cuts became all the buzz in the crypto space, with investors and analysts anticipating the market performance of crypto giants about the FED rate cut announcement. Market excitement, however, vanished in no time!
At present, another piece of news has been making rounds. Analysts are eager to know if rate cuts will happen again in 2024. Amid this buzz, Fantom (FTM), SUI blockchain, and IntelMarkets become top investment choices in this bull run. Fantom’s increasing momentum and SUI price increases have become major reasons for investors’ interest. IntelMarkets gains attention due to its presale raise!
As the Fantom (FTM) network prepares to migrate its operations to Sonic Labs, its Web3 activities have continued to rise. According to the latest market data from Santiment, the Fantom network recorded an 11% increase, with a 23.33% surge in stablecoins market cap at the time of writing.
In the past 24 hours, Fantom (FTM) price surged to trade on Thursday during the early Asian session. As a result, the Fantom (FTM) price rallied above the crucial resistance level, which matched the 50 weekly Moving Average (MA). These features make Fantom (FTM) a top investment choice for this bull run.
SUI is a new layer-1 blockchain aiming to drive global use with its advanced features. It uses a unique object-centric data model and the secure Move programming language. This addresses common blockchain inefficiencies.
The blockchain focuses on making interactions smoother for everyone. Features like zkLogin and sponsored transactions are part of this effort. By offering such tools, SUI provides a user-friendly environment for Web3 applications. As interest in blockchain grows, SUI could play a key role, making sure that more people can easily adopt and benefit from the technology.
Due to these benefits, SUI price is on a constant surge in the current bull run. The trading SUI price is valued at $1.47, registering a massive surge of over 10% within a day. The daily chart of SUI price analysis is ruled constantly by green candles. Market analysts propose further surges as the SUI price is going to skyrocket shortly.
IntelMarkets (INTL) is well-positioned to offer the optimal environment for trading perpetual futures contracts with leverage up to 1,000x thanks to its robust AI-based trading platform.
This leverage allows traders to gain more with less investment. The website will also provide cutting-edge trading tools created by former employees of esteemed businesses like MIT, OpenAI, and Goldman Sachs. Examples include risk management tools, advanced charting software, and personalized indicators.
Given that they are capable of identifying many trading strategies, these tools are engineered to satisfy the needs of traders. It is significant to remember that IntelMarkets is a dual-chain trading platform that brings together two of the most powerful blockchains: Ethereum and Solana.
Users of IntelMarkets can now benefit from unprecedented throughput, low costs, great flexibility, scalability, and quick transactions thanks to this modification. IntelMarkets is currently in the second round of its presale, having raised over $446,000. Analysts estimate that the value of its native token, INTL, might increase by 1,100% in the next few months, from $0.018 to $0.11.
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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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