Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Intel Markets presale heats up as it sells over 28m tokens, positioning itself as a potential 11x crypto, while Solana and Ethereum brace for bullish moves.
Solana and Ethereum are also making headlines. Analysts like Crypto Rover and Mags have made bullish price predictions for these crypto coins. However, the space is becoming more hot as the Intel Markets presale is quickly making a name for itself. It has already sold over 28m INTL tokens and, according to some analysts, could be the next 11x crypto.
Intel Markets: Capturing massive attention
Intel Markets has been a major topic in the crypto community. Recently, it announced that it would partner with many big-time crypto players, including Kraken, Trezor, and Uniswap. These partnerships will enhance the Intel Markets platform and improve the user experience.
At its core, Intel Markets aims to dominate the crypto trading market. Intel Markets may be unique because it will be the first AI-powered smart trading platform. On this platform, there will be perpetual futures contracts with no expiration date, dual-functionality thanks to Solana and Ethereum support and copy trading—potentiality making it a fan-favorite.
The INTL native token is the fuel behind this platform. It is now in Stage 1 of its presale at $0.009. This price point has made people gravitate to it, helping it raise $225k so far and potentially reaching $1m before this month ends.
But, this price is expected to surge to $0.018 after Stage 2 begins – a 100% rise. Some analysts hint that INTL could soar by 11x once a Tier-1 CEX lists it in Q3 of 2024. Thus, INTL is one of the hottest crypto coins this year.
Solana: Getting ready for a big breakout
Solana has been under selling pressure recently. CoinMarketCap data shows that the price of Solana fell nearly 15% on the weekly charts. This drop came as people rushed to SunPump, Tron’s new meme token generator that is rivaling Pump.Fun. Thus, market activity paints a grim picture for the future of SOL.
However, market analyst Crypto Rover made a bold statement about the Solana crypto. According to his X post, SOL is preparing to see a massive breakout. This breakout could come if it surpasses the $150 level. Nevertheless, other market analysts remain cautious. In their Solana price prediction, they forecast a $140 value for this coin before October 2024 ends.
Ethereum: Analyst Mags states bold prediction
The Ethereum price is also suffering at the moment. On the 1-month chart, the Ethereum price has dropped nearly 20% per CoinMarketCap. Market sentiment for ETH is bearish at the moment as there have been some token sell-offs by Vitalik Buterin. However, some people are still bullish about it.
For example, market analyst Mags says the Ethereum crypto is trading inside a massive triangle. He also expects a possible double-bottom formation near $2,350 before it surges to $5,250.
While this Ethereum price prediction may seem outlandish, the technicals support it. Currently, ETH has a momentum value of 341, which falls in the buy zone. Thus, ETH remains a crypto to watch.
Conclusion
As Intel Markets keeps on selling tokens, it is obvious that this token cannot be overlooked. Predicted to compete against Solana and Ethereum in the next crypto bull run, INTL is likely to give fantastic returns. Since it also has a smaller market cap than these cryptos, it will surge much faster as well. For those looking for the next huge winner in the crypto market, Intel Markets should be one to keep an eye on.
To learn more, pls visit the presale website, 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.
