Sentiment is at a yearly low, with prices retesting levels last seen at the start of the year. With no catalyst driving the market, top altcoins like Polkadot (DOT) and Binance Coin (BNB) trade downward. Amid fear of further downturns, the cautious sentiment isn’t surprising.
Meanwhile, given presale tokens’ immunity against market shocks, whales have been doubling down on IntelMarkets (INTL). This emerging cryptocurrency has been hailed as the next big thing, aiming to transform the wider crypto trading scene.
IntelMarkets (INTL): Anticipated 11x Gain By the Launch Date
IntelMarkets (INTL), an up-and-coming altcoin, is quickly becoming a whale favorite. Compared to top crypto coins like Polkadot and BNB, it is not only safe; it is also one of the best new cryptos to invest in. At the current price of $0.009 in the first stage of the presale, an 11x increase is guaranteed at the estimated listing price of $0.11.
Meanwhile, a further 50x upswing is anticipated after its market debut. This explains growing whale interest, hoping to become early adopters and make the most of this promising wave.
Beyond the gains, its intriguing blend of AI and DeFi trading makes it a strong contender in the crypto space. The global crypto trading market, poised to reach $264 billion in 2030, is set to be reshaped by IntelMarkets via AI integration. Its dual-chain functionality (compatible with Solana and Ethereum), diverse asset pairs and 1,000x leverage make it a new DeFi project to watch out for.
Polkadot (DOT): Struggles Above $4
Polkadot (DOT) is a platform designed to provide a foundation for a decentralized internet of blockchains and facilitate cross-chain transfer of assets and data. However, it tumbled as the wider crypto market took a downturn, with the bears seemingly in control.
It struggles to stay above $4, prompting analysts to forecast a potential drop to the $3.79 support. On the weekly chart, the Polkadot price nosedived by over 4%, sparking concerns among holders. With buyers seemingly losing steam, further downswings might play out in the coming days.
A bearish Polkadot price prediction suggests a retest of $3.7, a level last seen in Q3 2023. However, renewed buying interest will push it past the critical $4.5 zone.
Binance Coin (BNB): Investors Shift to Less Volatile Assets
Binance Coin (BNB) is another top altcoin struggling with momentum. The native utility token of the Binance ecosystem took a sharp turn as the wider market nosedived, losing key price levels. While a comeback is on the cards, the tussle between the bears and bulls heats up and further downswings can’t be ruled out.
The past few days have been bearish for the BNB coin, tumbling from the weekly high of $544 to briefly falling below $500. This 6% decline is reflective of the wider market’s cautious sentiment. Instead, investors have been opting for risky crypto assets like presale tokens.
However, a weekly close above $520 will likely usher in a fresh bullish wave or a Bitcoin rally above $60,000. At the current BNB price, it is nonetheless promising—a compelling altcoin to hold long-term.
Conclusion
While Polkadot and BNB trade downward, IntelMarkets sees rising whale activity. Over $220,000 has been raised just a few days into the presale, with an 11x gain to be enjoyed by merely participating in the presale. With another 50x upswing projected after its debut, it is arguably the best new crypto to invest in.
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
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