The post Experts Predict 12,000% Gains for INTL Holders After Quantum Launch as SOL & SHIB Face Bearish Pressure appeared on BitcoinEthereumNews.com.

The market’s on a wild ride this week. While established players like Solana (SOL) and Shiba Inu (SHIB) face a potential price meltdown, a new kid on the block, IntelMarkets (INTL), is making waves with a revolutionary solution to a looming threat: quantum computers cracking blockchain security! Let’s see how. Solana’s (SOL) Surge Threatened by Whale Activity: Will History Repeat Itself? Solana (SOL) has lately seen significant price hikes. On September 18, SOL traded at $127.25. But this week, Solana (SOL) has risen to $155.03, a 5% increase in seven days. The whale takes advantage of this bullish momentum by unstacking enormous amounts of SOL tokens. Interestingly, this is not the first time the whale has made such a move. Lookonchain data reveals that this whale had previously engaged in similar behavior. According to reports, their earlier transactions resulted in a 24% Solana (SOL) price drop. Between June and July, the investor dumped 1.2 million Solana (SOL) tokens. Before the transaction on June 7, the coin was worth roughly $172. Now the same whale is attempting to make a similar move. This might indicate another price correction in the coming days. There is also the possibility of more negative pressure because Solana (SOL) is being sold from the FTX bankruptcy estate. Two weeks earlier, the estate unstaked and relocated $1 billion worth of Solana (SOL) in preparation for the sale of other assets. With the estate still holding $1 billion in Solana (SOL), the market might see extra selling pressure very soon. Shiba Inu (SHIB) Price Dips – Can It Bounce Back Amid Network Activity Slowdown? Shiba Inu (SHIB), a famous memecoin, has been under severe downward pressure since it recently approached the $0.0002167 barrier; the price is now facing a three-day negative streak. The Shiba Inu is now trading…

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Filed under: News - @ October 1, 2024 6:16 pm