Large SOL and ETH holders gearing up for participation in the upcoming intel markets presale
Whales from Solana and Ethereum are gearing up to make a move towards Intel Markets to secure the new coin, sparking excitement in the crypto market. Speculation suggests that prominent whales associated with cryptocurrencies like Solana and Ethereum are eyeing the Intel Markets presale, potentially heralding a significant shift in crypto trading dynamics.
While the spotlight has been on SOL and ETH with notable developments and price forecasts, INTL, the newcomer, is also making waves. Market analysts are optimistic about the potential of INTL, predicting it could emerge as the next standout crypto with an 11x growth projection by 2024.
Solana, in particular, has garnered attention with a bold prediction for its future trajectory. Recent data from CoinMarketCap indicates a remarkable surge of nearly 550% in Solana’s price over the past year. Notable crypto analyst Satoshi Flipper remains bullish on SOL, suggesting a potential price target of $150 under rational market conditions. Technical indicators such as being above its 200-day exponential moving average and positive signals further support the optimistic outlook for Solana, with projections pointing towards a value of $158 by September 2024.
On the Ethereum front, Vitalik Buterin’s deposit of 200 ETH to Kraken, as revealed by Lookonchain, raised eyebrows in the community. Despite initial concerns, it was clarified that Buterin’s deposit was a charitable contribution. Ethereum has witnessed a significant uptrend, with a price increase of over 55% in the past year. Market analysts remain confident in ETH’s growth prospects, foreseeing a value of $3,000 by October 2024.
Intel Markets has emerged as a game-changer in the crypto landscape, attracting attention from Solana and Ethereum whales. The platform’s unique feature of perpetual contracts that do not expire sets it apart from traditional crypto exchanges. Additionally, its dual-chain functionality supporting both Ethereum and Solana blockchains has piqued the interest of major players in the market. The INTL utility token, the backbone of Intel Markets, is currently available at a price of $0.009 in Stage 1 of its presale, with expectations of a substantial increase to $0.018 in Stage 2. Anticipated returns of 1,100% upon listing on a Tier-1 CEX and reaching a price of $0.11 in Q1 of 2025 make INTL an attractive investment opportunity.
While Solana and Ethereum continue their upward trajectory, the focus of whales seems to be shifting towards Intel Markets. With a smaller market cap compared to established cryptocurrencies, INTL holds the potential to revolutionize the crypto trading landscape, valued at $2.16 trillion in 2024 according to Forbes. The unique advantages of INTL position it as a promising contender for significant growth in the long term.
