The collapsed cryptocurrency exchange, FTX, is now planning to return around $16 billion to its creditors. At the moment, FTX crypto has surged significantly in price on the weekly and monthly timeframes. Analysts are predicting that this flow of money can lead to a massive bull market in the next few weeks.
They think that coins such as Solana (SOL) and IntelMarkets may also experience a boost and push higher. Such potential makes them the best cryptos to buy now. Because of these potentials, analysts say they are the best cryptos to buy at the moment.
FTX (FTT) Price Rallies, Double-Digit Gains Across Board
FTX (FTT), the native token of the FTX platform, is among the top crypto coins showing double-digit gains right now. According to data from CoinMarketCap, the value of FTT has increased by 56.4% on the weekly timeframe, 65.6% on the biweekly timeframe, and 64.7% on the monthly chart.
In terms of price movement, the FTX coin price rallied from a monthly low of $1.25 to a peak of $2.50. Analysts are expecting more upward price movement in the coming days.
Besides, the sentiment surrounding the coin is bullish and supports such an uptrend. FTX price is trading above the 50-SMA ($1.349849) and 200-SMA ($1.579938), which is a bullish sign. However, its 14-day RSI is also in the overbought region and could signal the time for a price correction.
Solana (SOL) To Reach $330, Says VanEck
Solana (SOL) is among the top altcoins that have recovered from the bear market, which sent many coins to former lows. It is currently trading above the 50-SMA at $142.09 and the 200-SMA at $146.78.
Analysts are optimistic about the Solana coin and see the recent inflow of $16 billion as a good sign. Even VanEck is bullish about Solana crypto.
According to a research report from VanEck published, the Solana price may touch $330 in the future and Solana (SOL) may become half as large as Ethereum by market capitalization because of its faster speed and transaction throughput.
According to the report, Solana (SOL) has a higher throughput, which is capable of handling thousands of transactions per second. This throughput is 3,000% faster than that of Ethereum.
IntelMarkets (INTL): The Viral AI Trading Platform for Crypto Users
IntelMarkets (INTL) has emerged as one of the best DeFi projects in the market right now after the recent $16 billion inflows. Investors are now showing interest in its native token, INTL. IntelMarkets is an advanced trading platform that uses artificial intelligence for trading where traders can apply modern trading tools and materials.
Among the tools is an AI trading bot that can learn from mistakes and errors while following trading strategies. There is also a multi-channel analysis tool that collects information from over a thousand technical sources. This supports the analysis of 100k data points in real-time to traders in the market so that they can make proper trades if they notice changes in the market.
Furthermore, there is a function of copying the analysis and operations of the most successful traders who have profitable results on the IntelMarkets platform. It also makes it effortless for individuals who have no idea on the market to make profits. IntelMarkets is also built with the use of dual-chain and utilizes Solana and Ethereum for highly secured and faster trades.
IntelMarkets also has high leverage options with such rates as 1000x. This helps the traders to make large gains from small capital by taking large positions. Currently, in the second stage of its presale, the INTL token now trades at $0.018. Analysts say one coin could be worth $0.11, which means that investors who join the presale now stand to earn more than 1,100% returns.
The Best Cryptos To Buy Now: Solana and IntelMarkets
Currently, the crypto market receives $16 billion in inflows, and experts expect an increase in price for Solana (SOL) and IntelMarkets. They said that investors will diversify into these cryptocurrencies as they seek entry into the crypto market.
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
