The post Best Cryptos in August 2024 That Will Smash All-Time High in 2024 With 100x Upside appeared first on Coinpedia Fintech News
While August has been a historically slow month for Bitcoin, we’re observing a major shift this year. Current trends show that leading projects like Bitcoin and Ethereum are gearing up for their next move forward. In this critical time, it is essential to spot promising projects that have high upside potential.
Even though Ripple (XRP) and Avalanche (AVAX) have been established players in the space, experts think that this could be the perfect time for these cryptos to hit new all-time highs. Additionally, savvy investors are keeping their eyes on Intel Markets (INTL) as an innovative addition to the sphere.
Ripple (XRP) Ready to Moon After SEC Settlement
Despite being one of the “OG” players in the decentralized world, Ripple (XRP) has failed to live up to its promise. The project’s innovative promise of becoming the cornerstone of global finance has failed to materialize, and investors are now getting exhausted from years of continuous holding.
As a reference, the price of XRP has been in the same range for the past five years, whereas other leading projects like Bitcoin have multiplied by over 50x in the same timeframe. Even relative newcomers like Avalanche have seen historical rallies driven by innovative features.
However, this year could finally be the year when everything changes. Ripple (XRP) has finally managed to settle its legal troubles with the United States Securities and Exchange Commission (SEC) in a landmark decision. The development allowed the platform to mitigate the fines and cleared a major barrier for Ripple’s institutional adoption.
The price of Ripple (XRP) has now crossed $0.60 with a daily surge of over 5.76%. In the weekly timeframe, the project is up over 7%, and investors are excited about an upcoming resurgence. Additionally, the project’s latest collaboration with SBIDigital could mark a significant era of progress.
Avalanche (AVAX) Gears Up for Resurgence
While Avalanche (AVAX) had a rough journey in the latter part of 2024, there is optimism that it will have a sharp recovery. Since July 2024, the project has shed over 22% of its overall value in gains. However, in the past 7 days, the price of the AVAX token is up 5.23%.
Since the beginning of August, Avalanche has been navigating through an ascending channel. This can indicate a major bullish trend for the AVAX community. In the currently expanding trend, buyers are slowly adding strength. This can also be verified by the surge in volume and increased developer activity for the platform.
In the coming months, Avalanche (AVAX) could be all set for a major price explosion. Analysts think that the project could surpass its yearly high of $59.9 and move towards a new phase of price discovery. Additionally, the surge of capital in the market resulting from institutional investors could also be a significant game-changer.
However, despite the impressive outlook for Avalanche and Ripple (XRP), the project that is currently attracting the most attention is a newcomer AI platform.
Intel Markets Stuns With Debut; 2,000 Sign-Ups On Day 1
With a launch that is being labelled as the “AI Debut of the Year,” Intel Markets (INTL) has managed to grab the attention of both crypto experts and enthusiasts. Coming from a team of professionals with prior stints at Goldman Sachs, OpenAI, and Google, the market has already associated high expectations.
The AI trading platform is the first dual-chain offering of the year and supports both Ethereum and Solana. Additionally, retail traders can benefit from restricted trades and cutting-edge trading robots that are built directly into the platform’s proprietary blockchain.
Based on these factors, the current $0.018 price is being called a steal. Intel Markets (INTL) is expected to launch with a listing price of $0.11, which represents a 10x increase. These factors have played an essential role in creating demand and attracting $500,000 pre-seed investment for the project in the private round.
Discover More About Intel Markets:
Presale: https://intelmarketspresale.com/
Buy Presale: https://buy.intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
