Crypto’s volatility wave rages on and sentiment couldn’t be more cautious. While Solana (SOL) holds steady above $140, Toncoin (TON) is on the downside, losing previous gains. Nevertheless, a bounceback is on the cards.
Also gaining traction is Intel Markets (INTL), a new AI-powered trading platform. Its unique offering has captured whale interest, resulting in over $125,000 in fundraising despite going live a few days back.
Intel Markets (INTL): Whales Flock to New AI-Powered Exchange Ahead of Solana and Toncoin
Intel Markets (INTL) is a new project carving out a niche by integrating AI with crypto trading. Its AI-powered exchange protocol is a cutting-edge platform designed to empower the next generation of traders with unmatched computing power.
The above makes it a strong contender in the global crypto trading market, capturing the attention of whales and industry experts alike. The financial ecosystem will offer unparalleled access to perpetual futures contracts with advanced leverage options—as much as 1,000x. Traders should also expect lightning-fast execution and a wide range of asset pairs.
Given impending adoption, the ongoing presale is the latest on investors’ radars. In just a few days after its debut, over $125,000 has been raised in early funding, hinting at future growth. Also heavily discounted, it is priced at just $0.009 in the first stage of the ICO and is tipped for a 55x jump after its launch.
Solana (SOL): Strong Support at $140
Solana (SOL) might be going through a bearish phase, but its performance in the first half of the year and last year was impressive. It soared past $200 during the March high, riding a strong bullish wave as BTC went on price discovery. Also worth mentioning is its vibrant ecosystem and widely embraced DeFi solutions.
However, the past few weeks have been largely bearish. The Solana price tumbled from its $170 monthly high and hovers above $140. This significant decline leaves many disappointed, although it is part of a broader market downturn.
Despite rising selling pressure, the Solana coin holds steady, with $140 proving to be a strong support. The coming days will determine whether a breakout or further correction will play out, although sentiment tilts to the former.
Toncoin (TON): Aiming for a Breakout
Toncoin (TON) is the native utility token of the decentralized TON blockchain. It is one of the rising stars this year, having flipped Dogecoin (DOGE) in market size. With several price discoveries already this year, it is on a roll.
Its latest all-time high of $8 was in June, propelled by the buzz around Telegram mini-apps. While it tumbled afterward, it revisited $7 earlier this week, on the back of its Binance listing. There has been a slight decline in the Toncoin price afterward.
This bearish phase can be attributed to profit-taking among investors. The wider market’s decline can also be blamed for the downswing. However, according to a trending Toncoin price prediction, a breakout above $7 is near. Flipping this level will clear a path toward a new peak, making it an altcoin to watch out for.
Conclusion
While Solana shows resilience at $140, Toncoin trades on the downside amid profit-taking. Meanwhile, Intel Markets, the latest sensation in the ICO world, stands out thanks to its AI-powered exchange protocol. Given its impending adoption, it is a new DeFi project not to miss out on.
Discover More About Intel Markets:
Presale: https://intelmarketspresale.com/
Buy Presale: https://buy.intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
