Investors flock to Intel Markets amid Solana and Toncoin setbacks

Amid the latest market developments, investors are turning to Intel Markets as Solana and Toncoin face significant challenges.

As one of the fastest blockchains, the Solana network has attracted many nft developers in recent months. However, in August, the number of nft buyers and sellers on the network plummeted.

Furthermore, one cryptocurrency analyst believes that airdrops are painting the TON network in a bad light. Meanwhile, investors are rushing to participate in a new presale called Intel Markets. Analysts predict that those who join now will receive a 1100% return on investment after the listing.

Solana nft Buyers and Sellers Numbers Taken a Hit

According to data from CryptoSlamThe number of unique nft buyers and sellers on the Solana network saw a significant drop in August. The numbers fell by 34% and 24%, respectively.

Additionally, the total transaction count on SOL dropped by 48% to 1.1 million. The reduction comes at a time when the cryptocurrency market is battling bearish pressure. Even the Solana coin was not spared from the fall.

Currently, the cryptocurrency is trading below the 50-day simple moving average (SMA) ($156.13) and the 200-day simple moving average (SMA) ($147.85). However, analysts predict that the Solana cryptocurrency price could reach $150 in the coming weeks.

Airdrops make TON Network look bad, says analyst

In a x.com/cryptosanthoshK/status/1829096247073870095″ rel=”nofollow” target=”_blank”>recent tweetAn anonymous cryptocurrency enthusiast, cryptosanthoshK, told his followers that the TON blockchain has been in trouble recently. According to him, the emergence of airdrops has made the network look bad.

A case in point is the recent crash due to the DOG airdrop. However, cryptosanthoshK said that Ton is still the fastest blockchain in the world. He predicted that the price of Toncoin could rise to $10 if the team solved the problem with airdrops.

Meanwhile, the Toncoin cryptocurrency is trading below the 50-day simple moving average (SMA) ($6.46) and 200-day SMA ($5.63). The cryptocurrency has been battling bearish pressure in the Last weeksThe arrest of Telegram's founder and the network's downtime have not made things any easier.

Investors flock to Intel Markets ahead of 1,100% price surge

Intel Markets, one of the leading ICOs on the market, is currently attracting the attention of investors and experts. Analysts predict that the price of its native token, INTL, will increase by 1100% in the coming weeks. In essence, Intel Markets is here to enrich the world of cryptocurrency trading.

By Spherical perspectivesCryptocurrency trading has been on the rise. The global market is estimated to be worth $347 billion by 2030. Intel Markets plans to lead this market. As a result, it is introducing an advanced smart trading platform that will provide traders with powerful trading tools.

Additionally, there will be enhanced trading features such as real-time market data, charting applications, and custom trading indicators. But that’s not all. Intel Markets has a flagship bot that traders can use to monitor market movements and predict target prices.

Most importantly, users can make even bigger bets with the possibility of 1000x leverage for selected assets. Due to the potential this new trading platform has, there has been a sudden surge of interest in its pre-sale. In the first week alone, Intel Markets has raised over $222k, with a target of $1 million by the end of September.

Solana and Toncoin investors flock to Intel Markets

Analysts are very optimistic about the potential of Intel Markets as it is one of the most advanced trading platforms coming to the market soon. They believe that it will lead the cryptocurrency trading sector after its launch. That is why they believe that INTL can surge over 1100% from its current price of $0.009 to outperform SOL and TON.

For more information about Intel Markets, please see the pre-sale website and its Telegram and x.com/intel_markets” rel=”nofollow” target=”_blank”>twitter.