The post Intel Markets (INTL) on Track to Outshine Binance Coin and Solana, Says Leading Analyst appeared first on Coinpedia Fintech News
As the crypto market prepares for a resurgence, an expert in the crypto community has predicted that Intel Markets (INTL), a new ERC-20 cryptocurrency, will lead the renaissance phase, outpacing top crypto coins like Binance Coin (BNB) and Solana (SOL).
This opinion has drawn significant attention to INTL, which now exhibits patterns that suggest an explosive price movement is underway. Let’s find out what is the basis for the analyst’s two cents!
Analyst Endorses Intel Markets’ Token as a Lucrative Investment Venture
An anonymous crypto expert has turned heads after claiming that INTL, the native token of Intel Markets, is the best cryptocurrency to invest in ahead of the incoming market rebound. The expert’s assumption is based on Intel Markets’ offering of exceptional perpetual futures contract access.
Leveraging the combined forces of Ethereum and Solana, Intel Markets provides a diversified marketplace to trade perpetual contracts for several assets, guaranteeing flexibility and scalability.
With up to 1,000x leverage on trading, traders can amass significant returns from even the slightest market movement. Intel Markets also affords traders the privilege of setting projections on numerous assets without worrying about expiration, allowing traders to hold a position indefinitely. It also provides risk management strategies that traders can employ to shield against losses while trading with high leverage.
INTL is currently in Stage 1 of its public presale, trading at $0.009. Having raised $2 million during its private sale, it is evident that institutional investors and top-tier market players back the project.
Hence, the public presale is a huge opportunity to accumulate INTL at a lower price before its exchange debut, especially because it’s guaranteed that investors will enjoy a 1,100% ROI before launch!
Binance Coin Warms Up For a Rebound After 13% Decline
Binance Coin is hinting at a potential uptrend after bottoming eleven days ago following a 13% crash. The decline occurred after several attempts to break past the $520 roof proved futile. However, recent developments exhibit indications of a potential recovery for BNB.
First, the Sharpe Ratio, a crucial risk-adjusted return indicator, for BNB is at -10.72%. Typically, a negative Sharpe Ratio suggests increased volatility and risk, but this could also set the tone for a possible upside reversal.
Also, Santiment’s on-chain sentiment data reveals that BNB traders are becoming optimistic about the future of the Binance Coin, which could factor into the anticipated rebound.
The growing positive outlook around BNB could drive its price above $520 this time. For now, the price is down 5.94% in the last seven days to $501.51. Nonetheless, BNB is expected to follow suit when the market-wide turnaround begins.
Expert Forecasts Solana at $233 Ahead Of Breakpoint
Following a bearish August 2024, Solana is now gearing up for a prospective price improvement as it enters September.
Although SOL experienced a 10% loss last week, the asset has begun to climb back from recent lows. Amid this rebound, Javon Marks, a well-known voice in the crypto community, shared a bullish forecast for SOL in a tweet on September 4.
Javon Marks stated that Solana had demonstrated a tendency to reach notable heights with its latest performance, labelling $233.8 as a potential mark for SOL. His forecast is based on a shrouded bullish divergence pattern, which SOL has been trading for some time now. He believes that SOL can break past this price level if the bulls muster sufficient strength.
Marks added that surpassing $233.8 could lead SOL towards $457, an extra 93% increase. Presently, Solana is up 1.67% from $128.50 to $130.65 in the last four days.
From its current price, peaking at $457 would result in a 249% increase in SOL’s price, which is still considerably lower than INTL’s 1,100% projection.
INTL is Selling Out Fast Fast: 28 Million Tokens Sold!
INTL is an incredible investment opportunity for savvy investors. Given its extensive projection, it is expected to outshine BNB and SOL during the next market uptick. Thus, INTL is a better investment alternative, even for BNB and SOL traders.
What’s more interesting about this new project is that it has already found a solid place in the crypto market thanks to its growing popularity. In the ongoing Stage 1 of its presale, over 28 million INTL tokens have been sold, and the numbers are not slowing down. Get yours before it’s too late!