Solana’s (SOL) meteoric rise has captured the attention of the crypto community, with predictions of it reaching the $250 mark. However, this trajectory could face a potential setback as traders divert their focus towards the promising IntelMarkets (INTL).
In this article, we will explore the factors driving this shift and discuss why you should consider capitalizing on this investment opportunity!
Potential $250 Solana Price Target Delayed As Traders Migrate To IntelMarkets
Solana (SOL) is the current winner in the layer 1 blockchain race as it has been rising since Nov. 5, just days after confirming a golden cross on the chart. The Solana price surpassed $240 for the first time in three years following an uptick in trading volumes and total value locked (TVL).
According to DefiLlama, SOL’s TVL had grown from $1.4 billion to over $8.3 billion from January till date, while its daily trading volume recently hit an all-time high of $7.14 billion. In a recent tweet, legendary trader Peter Brandt, shared insights into how the Solana price often moves in relatively equal swings.
Based on his analysis, Brandt’s next swing target for the Solana price is set above $250, which would mark a new ATH for the Solana price. However, as at press time, the Solana price dipped by 3% to $236.24. This decline is attributed to traders migrating to IntelMarkets, and experts suggest that this shift could delay Solana’s ascent to the $250 target.
Reasons Why Traders Are Migrating To IntelMarkets
The best thing that can happen to any crypto trader right now is discovering IntelMarkets (INTL). It’s no wonder SOL traders who have discovered the crypto gem, are already rotating their funds into it. With IntelMarkets, cryptocurrency trading is accessible, efficient, and rewarding for traders of all backgrounds.
Here are some reasons why traders are jumping ship with the AI-driven crypto trading platform: IntelMarkets is committed to providing traders with innovative solutions that will elevate their trading experience to new heights. The platform incorporates advanced risk monitoring tools, and real-time liquidation mechanisms.
By doing this, IntelMarkets prioritizes the safety of users’ funds. The platform also provides educational resources, and customer support services to help traders make informed decisions, thereby fostering a secure and transparent trading environment for all users.
Join Smart Solana Traders On IntelMarkets’ (INTL) Ongoing Crypto Presale
IntelMarkets is a dual functionality exchange that operates on both the Ethereum and Solana blockchains. With its dual-chain structure, IntelMarkets caters to all levels of expertise.
Whether you’re a seasoned trader or a novice, you can choose your preferred blockchain based on your specific requirements, and trading strategies. At the heart of IntelMarkets lies its native crypto token, INTL.
INTL powers the IntelMarkets ecosystem with utility across staking, governance, and management. Investors have the opportunity to acquire these tokens at a modest price of $0.04 during stage 5 of the ongoing presale.
Holding INTL tokens grants you the opportunity to participate in governance by providing input and voting on proposals. Given their significant utility, experts are predicting potential returns exceeding 3000% at the official token launch. Now is your chance to join savvy Solana traders in the presale and position yourself for substantial returns!
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