Solana and BNB Gear Up for Recovery; Early Investors to Enjoy 11X Gain in This Presale
By Impact Desk | Published: September 10, 2024 06:54 PM2024-09-10T18:54:56+5:302024-09-10T18:57:26+5:30
It has been a rough couple of days as the crypto market nosedived. With Bitcoin closing the week below ...
It has been a rough couple of days as the crypto market nosedived. With Bitcoin closing the week below $55,000 and altcoins printing red candles, sentiment has turned gloomy and cautious. But a bounce is unfolding, with top altcoins like Solana (SOL) and Binance Coin (BNB) eyeing recovery.
At the same time, this emerging altcoin promises staggering gains during the presale and post-launch: IntelMarkets (INTL). Its AI-powered exchange protocol is set for massive adoption, making it primed for huge growth. With a projected 11x uptick in only the presale, it is a new DeFi project to bet on.
IntelMarkets (INTL): Early Investors Primed for 11X Gain
IntelMarkets (INTL), the latest name in the DeFi world and investment town, has captured investors’ attention. Its novel AI-powered crypto exchange platform and upside potential make it an investor favorite, contributing to the over $240,000 raised in presale since its debut last month.
Boasting significant growth prospects, mere participation in the ICO guarantees an 11x return. The presale, currently in the first stage, presents the best entry point, making up one of its biggest attractions. Meanwhile, a 50x uptick is projected after its debut, priced at $0.009.
As it sets out to reshape the $36 billion global crypto trading market, it is a new DeFi project to watch ahead of top players like Solana and BNB. Its convergence of AI with crypto trading will put it at the forefront of this market. Also projected to contribute to its adoption is its dual-chain architecture—compatibility with the Solana and Ethereum chains.
Solana (SOL): A Breakout Above $200?
Solana (SOL), one of the leading altcoins and top DeFi protocol, begins its recovery. It was among the crypto coins hit the hardest as the wider crypto market plummeted. In addition to the broader market decline, the Solana blockchain network's downswing, reduced activity and dip in DEX volume can be linked to its woes.
Its decline is more evident on the monthly chart. In the past 30 days, the Solana price tumbled by over 15%. It lost the monthly high of $161 and is now trading below $130. However, a comeback is unfolding, sparking excitement among those who bought the dip.
Further buoyed by this Solana price prediction that suggests a break above $200 in Q4, the DeFi token is on investors’ radars. The coming days promise to be exciting and one of the altcoins to watch out for is SOL.
Binance Coin (BNB) Regains the $500 Support
Binance Coin (BNB), the native utility token of the entire Binance ecosystem, is another altcoin to keep on the radar. While it wasn’t exempt from the latest downturn, it was among the quickest to pick up steam, aiming for a complete recovery.
As it picks up momentum, it has been erasing previous losses. On the monthly chart, the BNB price is down by only 1.2%, gearing up to resume its uptrend. With the $500 support recovered, several bullish forecasts have been flying around.
A notable BNB price prediction suggests a breakout above $600 in the coming weeks. This puts it closer to its all-time high of $720 registered in June, inching toward another price discovery. Savvy investors are already ahead of this curve, grabbing big bags.
Conclusion
While Solana and BNB anticipate a complete recovery after recent downturns, early investors have been betting big on IntelMarkets. With an estimated 11x uptick by its launch date, it is a compelling investment, hailed as a no-brainer. Its impending transformation of the crypto trading scene makes it a top crypto contender.
Discover More About Intel Markets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
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