Many crypto investors are rearranging their holdings in preparation for Bitcoin to cross the $100,000 barrier. Experts are almost united in predicting a huge surge for all major coins once BTC crosses this psychological and landmark price.
However, as anticipation builds, another top altcoin, Solana (SOL), is experiencing wide consolidation as its price dropped over 4% in the last seven days of trading. Solana’s meme coin BONK is also losing ground in the heating-up markets as its price and market volume both dropped.
In comparison, pre-launch AI-DeFi champion IntelMarkets (INTL) is attracting investors to Stage 7 of its presales. The platform has already raised $2.74 million so far, and its expected list price is $0.11, attracting investors with the 1100% increase from the initial token presale price of $0.009.
Solana (SOL) Consolidates With A 40% Volume Pump
Solana (SOL) is one of the market’s top altcoins, and it is supported by its strong Layer-1 blockchain and numerous decentralized applications. Solana (SOL) surged in late November to post a new all-time high (ATH) of $263 before going into a correction.
Checking the technical indicators, Solana’s Relative Strength Index (RSI) is above the neutral line at 52.95, indicating the strength of the bullish momentum. The Exponential Moving Average is at buy.
Source: CoinMarketCap
Currently facing a small dip and moving around the $230 range, analysts say Solana (SOL) could rise to $270 by year-end. Its large market cap limits its upside potential for investors compared to upcoming altcoins like IntelMarkets (INTL).
BONK Loses Ground to Utility AltCoins
Solana’s first meme coin, BONK, made history by achieving a huge rally post-launch. One of the biggest gainers in the November bull cycle, its price increased 135% on the monthly charts. It reached an ATH of $0.000059 in late November but has dropped below that price.
BONK is currently trading at $0.0000433 after experiencing significant volatility in the last week, losing both market capitalization and volume. BONK’s future growth is limited by its humongous market capitalization of $3.3 billion. This limits BONK’s future potential when compared to newer projects.
Source: CoinMarketCap
Technically speaking, BONK may still be in a bull cycle, but the daily Exponential and Simple Moving Averages are at Sell while the Relative Strength Index (RSI) is neutral. This is encouraging investors to add more resilient offerings to their wallets to earn certain upside growth.
IntelMarkets (INTL) Launches Quantum X Wallet
IntelMarkets (INTL) is becoming the next big thing in crypto as it sets up to launch an AI-powered exchange that will change how the $264B crypto market trades in cryptos and assets. Early adopters of IntelMarkets have earned 500% gains since INTL’s launch.
The release of its Quantum X Wallet is adding more strength to the project. Quantum X is IntelMarkets’ flagship wallet, providing protection against the rising threat of quantum computing in the crypto space. While most wallets are vulnerable to quantum computers, Quantum X Wallet secures all assets, ensuring that the owner’s wealth is secure.
Offering a price rise from $0.009 to $0.064 across 7 ICO stages, IntelMarkets has support from Fortune 500 investors to the tune of $500,000. As its presale gathers speed, IntelMarkets (INTL) is one of the best choices for any investor.
Conclusion
The seventh presale stage is gathering investors who appreciate the long-term gains promised by a quantum-proof wallet and an AI-based ecosystem. Holding INTL tokens gives investors access to advanced trading tools and eligibility for platform rewards. As the presale continues, the concurrent volatility in BONK and the steep Solana (SOL) prices are attracting more investors to INTL.
Check out the IntelMarkets for more information about the technical platform, or Join the Presale for exclusive benefits.
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