The post Experts Say This $0.02 Altcoin Listing Will Win Hearts; Even Dormant SOL & ADA Whales Are Filling Bags appeared on BitcoinEthereumNews.com.

The immersive cryptocurrency world is where all true potential projects come to fruition. 2024 is no exception. The majority of investment has gone into big coins like Solana (SOL) and Cardano (ADA) over the years, but now a new altcoin is coming out of nowhere: The primary focus of IntelMarkets (INTL). At just $0.02 and the DeFi and artificial intelligence (AI) combination, even some SOL and ADA whales who have been inactive are starting to invest. Solana (SOL): Whales Remain Cautious Despite Promising Fundamentals Solana (SOL) has served a central role in the crypto ecosystem for both those involved in DeFi and dApps for extended periods of time. With the positive market sentiment driving its growth, Solana is changing hands around $152 which is a considerable fall from its previous high of $260 back in 2021. The market trends the SOL’s price has witnessed also include the taking of profit by investors after the earlier success of their investment. Even so, many experts say that by the end of the year Solana may still cross $300. However, its slower recovery, plus the new AI-DeFi narrative showing up put in doubt the current history of explosive growth for SOL. The investors have grown weary of SOL since it peaked three years ago. Cardano (ADA): The Slow Climb Continues Cardano (ADA) too has had its moments of glory as well as complete downtimes. Cardano is king in the dApp ecosystem. At the very beginning of 2024, ADA had a great time, together with the number one dApp in this period, being XTC. The peak was reached around $3.1 in 2021, however, it had to go through a downward phase as mentioned before. The price ranges around $0.35 according to CoinMarketCap. Some investors have started looking for alternatives after this 88% loss from…

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Filed under: News - @ October 20, 2024 11:05 am