“Uptober” might have fallen below expectations but not for Bitcoin (BTC) holders. The flagship crypto hit $73,000, a few dollars away from its all-time high of $73,750. IntoTheBlock, a market intelligence platform, highlights that 99% of BTC holders are in profit as it nears the current ATH.
This performance contrasts with Ripple (XRP), whose underwhelming performance continues. However, with liquidity flowing into the overall crypto market, as investors rotate into altcoins, the focus has shifted to Sui (SUI) and IntelMarkets (INTL), a new AI crypto.
IntelMarkets (INTL): The Latest on Investors Radars
IntelMarkets (INTL) is one of the most promising new ICOs courtesy of its novelty and upside potential. It takes a unique approach to crypto trading by combining AI with blockchain technology and DeFi. The result is an AI-powered trading platform, which industry experts have labeled as a trailblazer.
Unlike conventional trading platforms, its ecosystem will be powered by an AI-based blockchain. Further, it will incorporate artificial intelligence across all levels, providing traders with unmatched computing power. It stands out even more as a dual-functionality exchange, meaning it will be supported by and can run on both the Ethereum and Solana blockchains.
The above, alongside its significant growth prospects, drives huge investor interest. More than $1.6 million has been raised in early funding, praised as this quarter’s best presale. Meanwhile, a token is competitively priced at $0.036 in stage 4 of the ICO and projected to witness a 65x rally after its debut. As an emerging cryptocurrency, it has more room for growth than top crypto coins like Ripple (XRP) and Sui (SUI)—a must-have.
Ripple (XRP): Will it tumble below $0.45?
Ripple (XRP), a top-10 cryptocurrency, is one of the industry leaders. It focuses on cross-border transactions and payments—one of its biggest attractions. However, the long-drawn legal sparring with the US SEC has reduced investors’ appetite for the Layer-1 token.
The XRP price tumbled over 15% on the monthly charts, retailing above $0.52. With a downswing unfolding in shorter timeframes, experts believe this might not be the end of its bearish woes. A bearish XRP price prediction hints at further downswings below $0.45, highlighting its bearish outlook.
On the other hand, another faction believes it will bounce back despite FUDs from the recent SEC appeal. It is tipped to rally alongside the wider crypto market during the upcoming bull run. Hence, at the current Ripple (XRP) price, it might be a good crypto to buy.
Sui (SUI): Races Toward $7
The Layer-1 blockchain platform Sui (SUI) is secure, scalable and powerful. At its core is the Move programming language, making it stand out in the blockchain ecosystem. Its performance in the year’s second half remains one of the biggest highlights, outperforming most top altcoins.
Charting a bullish course, it exploded over 180% in the past 90 days, rising from a low of $0.5 in early August. The Sui price would go on to record an all-time high on October 14, soaring past $2.3. However, there has been a slight decline as it hovers around the $2.0 support.
Nevertheless, analysts believe it will surpass its previous performance within the next two months. A trending Sui price prediction suggests a jump above $7 before the year’s end, especially as BTC dominance wanes and liquidity flows more into the altcoin market.
Conclusion
The current market rally pushed Bitcoin (BTC) closer to its all-time high while the poor Ripple (XRP) performance continues. Meanwhile, attention has shifted to Sui (SUI), a top L1 token and IntelMarkets (INTL), a novel AI crypto. Given their stellar performances and upside potential, these are promising waves not to miss.
