Solana and Ethereum holders rush to the new presale star – IntelMarkets

IntelMarkets sells 33 million tokens in pre-sale, attracting interest from Solana and ethereum holders.

The cryptocurrency market is heating up. The UK announced a new bill that turns crypto assets into personal property. IntelMarkets (INTL) is making a lot of noise in this space. It has sold over 33 million INTL tokens in Stage 1 of its pre-sale. Some Solana (SOL) and ethereum (eth) holders are attracted to it.

While Solana saw an exciting announcement from Binance and Vitalik Buterin regained his position in ethereum, all eyes are on IntelMarkets. Read on to find out why.

Binance announces the launch of BNSOL

There have been some interesting developments at Solana. For example, x.com/binance/status/1834157153210233256″ target=”_blank” rel=”nofollow”>Binance launched BNSOL: A liquid staking token for Solana. With this event, people can stake their Solana and earn BNSOL that can be used for lending across Binance’s suite of products.

These bullish news about Solana may increase the interest in it. Speaking of which, Solana’s value has risen by 1% on the weekly chart. Moreover, Solana is trading above its 10-day EMA. Due to all these factors, market analysts predict that Solana cryptocurrency may trade at $140 before the end of October 2024.

Vitalik Buterin clarifies ethereum sell-off

There have been a lot of ethereum sell-offs recently, but Vitalik Buterin decided to clarify these facts. According to x.com/VitalikButerin/status/1834062768569548849″ target=”_blank” rel=”nofollow”>Your post xThe most recent one, which saw 190 eth sold, was caused by an automated Cowswap swap order. Buterin claims that this order was placed on August 29 and is the last one.

The value of the ethereum cryptocurrency has dropped by more than 10% on the monthly charts. Moreover, ethereum is trading below its 50-day EMA while it has an RSI of 40, which is in the neutral zone. Due to all these news and signals from ethereum, experts predict that this coin will trade at $2,400 next month.

IntelMarkets is preparing to change the cryptocurrency space

IntelMarkets (INTL) is quickly becoming a fan favorite in the cryptocurrency space. Its ongoing pre-sale has already raised over $250,000 and could reach $1 million before the end of the month. This shows that people have a lot of faith and confidence in what IntelMarkets will bring.

Unlike other trading platforms, intelMarkets will introduce the first ai-powered smart trading platform. Here, people can use trading robots that learn by themselves and improve their performance over time. With the help of these robots, all the manual tasks that you would have to do on other platforms will be done automatically, such as capital allocation or profit-taking.

The native INTL token is an important part of this platform. It is now in Stage 1 of its pre-sale and costs $0.009. But, this price will increase to $0.018 after Stage 2 begins. This is a 100% return for all those who buy it now. Experts predict another 11x increase after a Tier 1 CEX lists INTL sometime in 2024. Given its ties to the ai ​​market, which Statista projects to be worth $826 billion by 2030, this price prediction may come true.

Conclusion

While ethereum and Solana are struggling, IntelMarkets is making a name for itself. Its team is backed by professionals from OpenAI and Renaissance Technologies, which will undoubtedly make a difference. In addition, it has a smaller market cap than other major cryptocurrencies and will need less money to boost its price.

Since IntelMarkets also has a dual-chain functionality that supports ethereum and Solana, experts remain confident in its long-term growth.

For more information, please visit the IntelMarkets pre-sale website or join the community at Telegram and x.com/intel_markets” target=”_blank” rel=”nofollow”>unknownx.com/intel_markets” target=”_blank”>.