Outside Source
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Learn more about why whales in the Solana and Toncoin projects are betting big on Intel Markets – a shining presale star.
Cryptocurrency traders know that the industry moves fast and must stay ahead of the curve. Recently, Solana and Toncoin whales have been eyeing a new player: Intel Markets. This Stage 1 presale star has already raised over $120,000 and is on track to reach $1m before the end of August 2024.
While SOL and TON are established crypto coins with exciting price movements and predictions, many whales are focusing on INTL. Some analysts hint that this rookie could become the next 11x crypto in 2024. Keep reading to find out why.
Solana: A potential reversal incoming
Solana is a big crypto player in the market that has faced some volatility. Over the past month alone, the Solana price sank nearly 20%, as per CoinMarketCap data. However, analyst CryptoBullet says that SOL is now seeing its corrective wave 4. The good news is that the Solana crypto has not gone below $100, and he predicts it will break out into a new ATH.
Nevertheless, the technicals for SOL are showing some bearish signs. Currently, Solana is sitting below its 100-day exponential and simple moving averages while its ultimate oscillator is at 30. These signs suggest that SOL may see a bearish momentum.
Because of all these factors, market analysts, in their Solana price prediction, foresee this coin trading at $150 before September 2024 ends.
Toncoin: A leg up soon
Toncoin is another coin experiencing turbulence. CoinMarketCap stats show that the Toncoin price fell around 1% on the one-week chart. But analyst Crypto Tony says that this is a consolidation phase for TON before its next leg up.
The technical analysis for the Toncoin crypto backs up this claim. At the moment, TON’s overall trend is bullish, as its MACD level sits at 0.018—the buy zone. Plus, it now sits above its 200-day exponential and simple moving averages.
All these indicators have made experts bullish. In their Toncoin price prediction, they forecast a potential surge to $7.60 in October 2024.
Intel Markets: A game-changer in crypto trading
Many Solana and Toncoin whales are now turning to Intel Markets. This presale sensation has been making headlines, as it has already sold over 13m tokens. At its core, Intel Markets is an AI-powered smart trading platform that could change crypto trading.
It delivers an advanced solution for perpetual futures contracts, but with one unique feature—these contracts have no expiry date and leverage rates of 1000x, thus giving traders more flexibility. Plus, Intel Markets boasts dual-chain functionality, as it supports both Solana and Ethereum. This gives countless people the best of both worlds.
The INTL token forms the foundation for this system and currently costs $0.009 in Stage 1 of its presale. In Stage 2, the price is expected to increase to $0.018, which means early buyers can get 100% returns. Experts predict that the INTL price will soar by 11x after a Tier-1 CEX lists it in Q3 of 2024.
Solana and Toncoin whales turn to Intel Markets
As more Solana and Toncoin whales flock to Intel Markets, its future growth potential seems good. This project has a smaller market cap than these established crypto coins and may be a leader in the crypto trading market, which Statista projects could be worth $56.7b in 2024. With these perks, INTL needs less new money for its price to skyrocket on the charts.
To learn more about Intel Markets, check out the presale website, and its Telegram and Twitter.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
This article first appeared at crypto.news
