Solana (SOL) Crossed $260 While Binance Coin (BNB) Consolidates – IntelMarkets (INTL) Skyrocket as Whales Swarm Presale

The crypto market resumes its upswing, with altcoins reflecting broader bullish sentiments. Solana (SOL) swung high, crossing $260, while Binance (BNB) consolidated in anticipation of its next jump. Simultaneously, IntelMarkets (INTL), a new AI coin, exploded amid huge whale interest. Behind rising demand are its AI-DeFi narrative and significant growth prospects. On the cusp of [...]

Nov 23, 2024 - 16:08
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Solana (SOL) Crossed $260 While Binance Coin (BNB) Consolidates – IntelMarkets (INTL) Skyrocket as Whales Swarm Presale

The crypto market resumes its upswing, with altcoins reflecting broader bullish sentiments. Solana (SOL) swung high, crossing $260, while Binance (BNB) consolidated in anticipation of its next jump.

Simultaneously, IntelMarkets (INTL), a new AI coin, exploded amid huge whale interest. Behind rising demand are its AI-DeFi narrative and significant growth prospects. On the cusp of an explosive debut, it is one of the best altcoins to invest in.

IntelMarkets (INTL): Whale Interest Driven by Novelty and Growth Prospects

IntelMarkets (INTL) is one of the fastest-rising stars in the ICO world. It recently soared past $2.4 million in early funding, selling out fast as whales flock into the presale. The rising interest and demand can be linked to its unique offering—an AI-powered trading platform—and huge upside potential.

Its novel AI-powered exchange protocol is set to transform the $36 billion global crypto trading market—a new DeFi project to watch out for. By integrating artificial intelligence across all levels, it will be the first modern-generation trading platform. It will further stand out with self-learning trading robots trained on over 100,000 data points.

In stage six of the presale, a token is priced at $0.054, probably the lowest it will ever go. Significantly discounted, experts project a 55x rally after its debut, potentially outshining popular names like Solana (SOL) and Binance Coin (BNB).

Solana (SOL): Tipped to Cross $1K by 2025

The Layer-1 crypto and DeFi giant Solana (SOL) skyrocketed. Outpacing most top altcoins, the Solana price exploded 60% on the monthly chart, crossing $260. It increased by over 25% in the past seven days, aiming for a weekly close above $270.

A breakout above $265 will likely boost investors’ confidence, sending it past $300 in no time. The neutral 14-day RSI, 20-VWMA and 9-HMA are technical indicators suggesting further upswings, echoed by experts’ bullish forecasts.

A crypto analyst, blue_collarvest, predicts a Solana (SOL) run to $1,300 in 2025. CryptoYapper thinks the same, suggesting a rally between $1,000 and $1,200 over the next 6 to 12 months. At the current price, SOL is one of the best altcoins to invest in, spurred by growing interest in memecoins.

Binance Coin (BNB): A Breakout Expected

Binance Coin (BNB), the top exchange-based token, is having an underwhelming week. Solana recently flipped it, with holders looking forward to greener days. The BNB price jumped 7% in the past month and 4% on the weekly chart, hovering above $630.

Having had a poor week compared to SOL, ADA and XRP, experts anticipate a big leap in the coming days. Moreover, technical indicators like the BNB price trading above the 10-EMA ($619) and 10-SMA ($621) hint at a price upswing.

Analysts also maintain a bullish stance, forecasting strong price movements. CryptoFaibik shared their Binance Coin (BNB) mid-term target as $1,000 on X (formerly Twitter). Blockcastcc, another analyst suggests a close above $662 could trigger a jump toward $1,630, positioning it among the best cryptos to invest in.

IntelMarkets (INTL): A Strong Contender Against Solana (SOL) and Binance Coin (BNB)?

Given its solid fundamentals—an AI-powered trading platform—and a rapidly growing community, IntelMarkets (INTL) might be a tough competition for Solana (SOL) and Binance Coin (BNB) in the coming months. As it approaches its market debut and prepares to reshape the crypto trading scene, it is one of the new altcoins to watch out for.

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