November 22, 2024

Avalanche’s (AVAX) Crypto Card Goes Live – This New AI Coin is Expected to Lead the Next Bull Run Amid Ripple (XRP) Legal Standoff With the SEC

 Avalanche’s (AVAX) Crypto Card Goes Live – This New AI Coin is Expected to Lead the Next Bull Run Amid Ripple (XRP) Legal Standoff With the SEC

Avalanche’s (AVAX) Crypto Card Goes Live – This New AI Coin is Expected to Lead the Next Bull Run Amid Ripple (XRP) Legal Standoff With the SEC

The gap between crypto and the wider financial landscape is constantly being bridged. The latest is the Avalanche (AVAX) crypto card, designed to simplify the process of converting and spending digital assets online and in physical stores. 

Meanwhile, amid the ongoing legal standoff between Ripple (XRP) and the SEC, investors have been looking toward other compelling alternatives. Topping this list is IntelMarkets (INTL), a new AI coin expected to lead the next bull run. Given its bullish narrative and impending transformation of the crypto trading scene, it is among the new DeFi projects to watch out for. 

IntelMarkets (INTL): Gearing up to Lead the Next Bull Run 

IntelMarkets (INTL) is the latest investor favorite, soaring past $1.5 million in early funding. While it made its presale debut weeks back, it has outclassed most new ICOs, cementing its status as one of the best new cryptos to invest in. 

In the fourth stage of the presale, a token is heavily discounted at $0.036—one of its biggest attractions. Considering its bullish narrative as an AI crypto and solid fundamentals (an AI-powered trading platform), it is on a bullish track, tipped for a 100x rally after its launch. 

The above makes it a must-have and a more compelling alternative than Avalanche (AVAX) and Ripple (XRP). Meanwhile, as it prepares to transform the $264 billion crypto trading market, it is a promising wave not to miss. It will be the first modern exchange platform to integrate AI across all levels, further standing out thanks to its dual-chain architecture, which will support the Ethereum and Solana blockchains. 

Avalanche (AVAX): Crypto Payment Card Goes Live 

The Layer-1 blockchain Avalanche (AVAX) is an industry leader. The platform is for decentralized applications and blockchain networks. Rising adoption and growing institutional appetite are behind its ascent to becoming one of the top altcoins. 

Leading the charge toward mainstream crypto adoption, its card for crypto payments went live this week. This move has been hailed as innovative by industry leaders, further bridging the gap between TradFi and crypto. This development was shared via an X post (formerly Twitter), with the card to be accepted wherever Visa is. 

While this development hasn’t had an instant impact on Avalanche (AVAX), it will in the long run. The Avalanche price hovers above $27 on the daily charts, eyeing a breakout above $30. With a projected jump above $50 this year, it is among the best cryptos to invest in. 

Ripple (XRP): Legal Struggle With the SEC Might Push Price Further Down 

Ripple (XRP) is one of the top crypto coins. Given its leading status, it is a favorite among institutions, but not as much lately. Following the last-minute appeal of the Ripple case by the SEC, uncertainty grows, dragging down the price. 

The XRP price tumbled over 1.5% on the weekly charts, with a downswing unfolding in the daily timeframe, trading above $0.53. As the legal standoff regarding its breach of securities laws drags on against the SEC, further downturns aren’t out of the question. 

A bearish XRP price prediction hints at a drop below the $0.5 support. However, given rising bullish sentiment in the wider crypto market, it might defy bearish pressure. It is tipped for a yearly close above $1, placing it on the list of altcoins to watch. 

Conclusion

The Avalanche (AVAX) crypto card going live didn’t have an immediate impact on the price but it will in the long term. Meanwhile, amid the bearish pressure around Ripple (XRP) as its legal battle continues, investors have shifted to IntelMarkets (INTL), a new AI coin. Its future transformation of the trading scene via AI makes it a more compelling alternative. 

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Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice. 

Adrian Barkley