After several days of price gains, some altcoins seem to be losing some momentum. Binance Coin (BNB) is struggling to break the $550 support level. Meanwhile, Tron (TRX) is maintaining its bullish momentum and is preparing to turn the next resistance level into support.
At the same time, interest is growing in Intel Markets (INTL), a new blockchain-based project that aims to reshape cryptocurrency trading. The project is integrated with one of the most disruptive innovations of this century, AI, making it a new DeFi project to keep on your radar.
Intel Markets (INTL): Revolutionizing the Global Cryptocurrency Trading Scene
Intel Markets (INTL), the latest sensation in the crypto space, is gearing up to reshape the global cryptocurrency trading market, which is estimated to reach $264 billion by 2030. Its unique contribution as an AI-based smart trading platform has not gone unnoticed, and industry experts have hailed it as the next big thing.
We build a cutting-edge platform that combines AI and DeFi to provide massive computing power to the next generation of traders. Advanced trading tools including bots, charting software, copy trading, and 1,000x leverage help users execute trades with precision and generate profits.
Given the above, it is highly likely that it will be adopted in large quantities. In just a few days after the start of the presale, more than $160,000 was raised, and the token price was only $0.009 in the first stage. Meanwhile, it is expected to increase 65x after the launch, and the returns have skyrocketed, outpacing BNB and TRON.
Binance Coin (BNB) Struggles at $550 Support Level
Binance Coin (BNB) was one of the best performing coins earlier this month, but it is having trouble maintaining its bullish momentum. The bullish momentum seems to have lost steam as the BNB price fell from $600 to below $560 earlier this week. The question on many people’s minds is, “What’s next?”
There are two possible scenarios: a breakout or further decline. If the price stays above $550 until the end of the week, a new bullish wave is likely. However, a drop below $510 will create selling pressure, leading to further declines.
Despite the short-term fluctuations, the BNB coin has had an impressive year. Just look at the big picture. It is up over 150% on a year-to-date basis. Meanwhile, in June, it hit an all-time high of $720. Given its outstanding track record and significant upside potential, it is a token worth betting on.
TRON (TRX): Towards a new peak
Layer 1 token TRON (TRX) continues to be in the spotlight. It was one of the biggest highlights of the month, surging by almost 20%. With a stronger bullish wave expected to begin in the coming months, it is an altcoin to watch and an attractive way to profit.
Over the past 7 days, the TRON price has increased by 10%. This increase in value may be related to the overall market rally and the rising popularity of the TRON meme. Just 45% off its 2017 all-time high of $0.3, the bulls are charging forward with renewed vigor and confidence.
According to popular predictions, TRON coin will start price discovery before the end of the year. At the current rate, it is well on track and is on the list of altcoins to keep on the radar. Moreover, the price is cheap, so you can invest without breaking the bank.
conclusion
Amidst the struggles of BNB and the great leap forward of TRON, attention is gradually shifting to Intel Markets, a new AI-based DeFi project that aims to revolutionize the cryptocurrency trading market. The pre-sale has already started and sold out quickly. Don’t miss this bullish trend that offers a great opportunity to become an early adopter.
Please visit the official site for latest updates and information. Intel Market Website.
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