Charles Hoskinson as President Trump's Crypto Advisor Might Push ADA's Price to $2
Nov 18, 2024 pm 10:36 PMThe possible appointment of Cardano founder Charles Hoskinson as President Trump’s crypto advisor has the cryptocurrency market aflutter and
Cardano founder Charles Hoskinson’s possible appointment as President Trump’s crypto advisor has set the cryptocurrency market abuzz. While this news bodes well for ADA, with analysts predicting a potential price surge to $2, two other coins, SUI Blockchain and IntelMarkets (INTL), are also poised for a bull run.
Here's a closer look at each coin's performance and market standing:
1. ADA Price to Soar as Hoskinson Might Be Appointed as President Trump’s Crypto Advisor
At the time of writing, ADA’s price is around $0.56 with a market cap of $20.81 billion and a circulating supply of 37.35 billion. Considering Hoskinson’s connection with the Trump administration, if appointed, it might attract more attention and investment, positively impacting ADA’s price.
According to analysts, ADA’s price might hit $2 given the possibility of Cardano founder Charles Hoskinson being appointed as President Trump's crypto advisor. This news is promising for Cardano enthusiasts, especially given the project's focus on decentralization, security, and scalability.
Cardano has earned a reputation in the crypto industry for its methodical approach to blockchain development, which includes peer-reviewed research and a strong community involvement. As a result of this approach and its growing popularity, ADA has shown resilience in the crypto market. The platform's proof-of-stake consensus mechanism, Ouroboros, ensures fast transaction times and energy efficiency.
2. SUI Blockchain Might Be Surging in This Bull Run Thanks to Its Smart Contract Abilities
One of the key aspects of SUI Blockchain is its innovative approach to smart contracts, enabled by the SUI Move Language. This language prioritizes security, offering developers a versatile and advanced toolkit for building decentralized applications. Furthermore, the SUI Move Language is designed to enhance data composability, enabling developers to work more seamlessly with data packages.
Thanks to its unique features, SUI Blockchain is also making waves. SUI ultimately aims to facilitate the development of a wide range of applications and use cases within the Web3 ecosystem. Its strong fundraising performance and significant valuation increase have contributed to its remarkable appreciation.
With a growth rate of 12.16% in a day, SUI's price is $3.23. It has a total supply of 10 billion, circulating at $9.27 billion. The green chart indicates its strong performance over the past few weeks. This uptrend suggests a bullish rally. These incredible developments are bound to attract the attention of the whales.
3. IntelMarkets (INTL) Is Ruling Over Crypto Market at $0.04 Market Price
Among the new cryptocurrencies that have grabbed investors' attention is IntelMarkets (INTL), with promising projections to reach a substantial rate by 2025. According to experts, this AI platform is set to soar to $5 from its current price of 0.045. This prediction has instilled investors' confidence in INTL's future.
From the beginning of its presale, investors have had their eyes on IntelMarkets (INTL). Its performance thus far clearly indicates that the coin is poised to dominate the crypto space. The INTL coin has surged over 300% to reach its current price of $0.04 as the project has raised over $2 million in its cryptocurrency initial coin offering (ICO).
This exceptional response showcases the interest in IntelMarkets’ methodology and its potential to revolutionize cryptocurrency trading. The project's primary claim to fame in the DeFi market is its use of artificial intelligence.
Unlike other platforms, IntelMarkets utilizes self-learning trading bots that can identify market patterns and improve their performance through learning. Experts recommend investing in this AI marvel to reap huge rewards by 2025!
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