The fight between Ripple (XRP) and Fantom (FTM) to break the $1 limit has significant weight in the crypto space. While both projects seem keen on hitting this threshold, market watchers indicate that other projects such as IntelMarkets (INTL) and Avalanche (AVAX) are likely to perform even better in the short run, with expectations of a rise by almost 200%.
While such factors propel growth differently for each coin, the growth potential of each coin, XRP, FTM, INTL, and AVAX respectively, has different sets of factors that explain the differences. Let’s understand what investors can and cannot expect, and the reasons why INTL and AVAX would stand to benefit the most.
Ripple (XRP): Are New Political Movements Affecting The Momentum?
As reported by TheBitJournal, Brad Garlinghouse, the CEO of Ripple, has confirmed holding talks with advisers from Donald Trump’s team, thus generating interest among the investors. Based on social networks, circulation around XRP has escalated, and today more than 4% of all crypto discussions revolve around Ripple.
As reported by CoinMarketCap, Ripple (XRP) is priced at $0.7198, at press time. Prices of XRP have appreciated over the past three months by 14.36% highlighting an upward trend. Investors are watching the market performance of XRP closely, looking forward to the uptrend and the changes in the market dynamics.
Fantom (FTM): The DeFi Competitor on the Rise
According to CoinMarketCap, the current price of Fantom (FTM) is $0.7004. There has been some hype around FTM as it’s trading around this level for some time now. The investors are keenly looking out for the forecasted moves in the price in the next few days. As noted by the crypto data aggregator Messari, after all tokens are distributed, which is anticipated to occur in 2024, there will be no more FTM tokens.
IntelMarkets (INTL): Growing Boon in Crypto Space
Industry analysts predict that INTL could experience significant growth, with estimates suggesting a 200% increase in its token value. IntelMarkets offers innovative AI-based features and dual-chain functionality across Ethereum and Solana. Given the rise of AI-driven platforms in finance and the increasing focus on automation in trading, INTL’s growth potential aligns well with market trends.
IntelMarkets is making advanced trading accessible to experienced and novice traders. INTL is currently in the fifth presale stage priced at $0.04.
Avalanche (AVAX) – Is it Ready to Soar High
The current price of Avalanche (AVAX), according to CoinMarketCap, is $32.62 as of November 14. AVAX’s price rose 94.15% last year, indicating good performance and positive investor sentiment. This marked increase is a clear indicator of the blockchain’s efficacious design targeted towards greater scalability.
Low-cost, speedy transactions are the strategic plans fueling Avalanche’s entry into the DeFi market.
Analyzing the Growth Strategies
Whilst hoping to cash for the $1 level with Ripple (XRP) and Fantom (FTM), INTL, and Avalanche (AVAX) are growing quickly, and being touted as potential leaders. INTL develops AI-supported trading bots, which offer features that may appeal to a vast audience, whereas AVAX provides a framework for DeFi projects such as AVA, which require breakdowns in scalability from the Ethereum network.
Final thoughts
Ripple (XRP) and Fantom (FTM) are both aiming to reach $1. However, with the current trend of cryptomarkets focusing on AI and DeFi, which is easily scalable, IntelMarkets (INTL) and Avalanche (AVAX) are likely to tilt faster than the two.
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