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Breaking News: Coinbase Pulls Plug On $2 Billion Agreement With BVNK

BNB and Dogecoin Whales Gobble Up This Dual-Chained Altcoin Aiming to Revolutionize Trading

Bitcoinist
by Bitcoinist
Last Updated: August 23, 2024 8:00 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The market’s outlook is gradually turning bullish, sparking a buying frenzy. Selling pressure has receded as sentiment turns bullish, with investors stacking up their favorite altcoins and other promising gems.

On whales’ radars is Intel Markets (INTL), a project with a dual-chain architecture that supports both the Ethereum and Solana blockchains. Its novel exchange protocol is poised to reshape the global crypto trading market, making it a new investor favorite.

Intel Markets (INTL): A New Dual-Chained Exchanged Protocol

Intel Markets (INTL) entered the crypto scene with a bang—a project on a mission. It integrates this century’s most disruptive innovation, AI (artificial intelligence), into DeFi trading, potentially transforming the wider crypto trading scene.

Besides its AI integration and advanced trading tools like copy trading and bots, its dual-chain functionality (Solana and Ethereum) is a key distinguishing feature. This dual-chain architecture offers traders the flexibility to meet their preferences and trading strategies. With Ethereum, traders can tap into its robust ecosystem of DeFi applications, liquidity pools and smart contracts.

As a result, whales, including Dogecoin and BNB holders, have been showing quite a keen interest. This is evident in the over $125,000 raised just a few days after the presale went live. In the first stage of the ICO, a token is priced at $0.009 and analysts project a 50x uptick in the first 3 months after listing.

Binance Coin (BNB): Primed for a Breakout

Binance Coin (BNB), a top-5 cryptocurrency by market cap, is one of the most popular names in the crypto space. It is the native utility token of the entire Binance ecosystem, which houses the world’s largest centralized exchange and BNB Smart Chain, a blockchain network.

It had a remarkable outing in the year’s first half, going on a price discovery. The BNB price soared past $720 in June, sparking excitement among investors. It experienced a sharp decline afterward, which can be attributed to the wider crypto market’s correction.

The price currently hovers above $500—a strong support so far. According to forecasts, the BNB coin will likely revisit $600 before the month’s end. An uptick is gradually unfolding, sparking interest, with savvy investors already ahead of the curve by bidding.

Dogecoin (DOGE): Gears up for a Breakout Above $0.5

Dogecoin (DOGE), the pioneering and leading memecoin, is back on the upside. After struggling with momentum and briefly falling below $0.1 earlier this week, it has since regained this key price level. The past few weeks have been turbulent and the dog-themed cryptocurrency wasn’t spared.

On the monthly chart, the Dogecoin price is down by over 20%. It touched $0.08 earlier this month, its lowest in the past 30 days. However, momentum is on the rise as investors gain more confidence. But is a more sustained and bullish traction on the cards?

A Dogecoin price prediction stirring up much buzz hints at a breakout above $0.5 before the end of quarter three. While this can be easily dismissed as ambitious, an overall market rally and an impending meme craze place it on the list of altcoins to watch out for.

Conclusion

The rising interest in Intel Markets among BNB and Dogecoin whales represents a vote of confidence in its appeal. Its dual-chain architecture is poised to reshape the crypto trading scene, tipped to be one of this year’s biggest breakout stars.

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

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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