IntelMarkets Turns Bullish After SOL and BONK Holders Jump In For Quantum X Wallet Release
The post IntelMarkets Turns Bullish After SOL and BONK Holders Jump In For Quantum X Wallet Release appeared on BitcoinEthereumNews.com.
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…
Filed under: News - @ December 6, 2024 7:20 am