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Cryptocurrency News Articles
Avalanche (AVAX) Investors Search for Greener Pastures as Newcomer Intel Markets (INTL) Stuns With $125,000 Raised in 1 Day
Aug 22, 2024 at 04:00 pm
Aside from a pending token unlock that could unleash massive supply into the market, the developmental growth of the project has raised major concerns.
Investors in Avalanche (AVAX) have had a bumpy ride in 2024. The decentralized platform has seen a significant decline since the beginning of the year, and according to the current outlook, further pain could be in store for early investors in the project.
Aside from a pending token unlock that could unleash massive supply into the market, the developmental growth of the project has raised major concerns. This has led traders to search for alternative investment options with higher upside.
New platforms like Intel Markets (INTL) have gained major traction for their cutting-edge features.
Avalanche (AVAX) Rises Despite Token Unlock Fears
Considered by experts to be among the leads in the Real World Assets (RWA) segment, Avalanche (AVAX) is going through an important period in the crypto market. The project’s native token is currently priced at $23.18, up 6.31 on the daily charts.
However, there is a major concern in the Avalanche (AVAX) community about the $200 Million token unlock on August 20th, 2024. The event will release over $200 million worth of tokens into the supply and add major pressure to holdings for existing investors.
This impact has been imminent for the past month as AVAX has seen a decline of over 20% on the monthly charts.
Recently, a leading Avalanche (AVAX) investor has locked profits and is actively exploring other exciting opportunities. Projects like PEPE and Intel Markets (INTL) are at the top of the list when it comes to investment prospects.
Pepecoin (PEPE) Community Rejoice at Upbit Listing
This year can be labeled the “Year of Memecoins” because of the impressive performance exhibited by this crypto segment. Pepecoin (PEPE) has been amongst the most notable performers in this historic rally.
The meme-inspired project has showcased gains of over 100x in the past few months and become a breakout star in the crypto world. In terms of the shorter-term trend, the Pepecoin (PEPE) community has rejoiced in the coin’s listing on the Upbit platform.
As a result, PEPE saw an instant surge of 11% before retracting back to $0.0577. However, on the weekly charts, the project is still facing significant selling pressure and has decreased by over 5.4% because of macroeconomic factors.
In this volatile market, investors are now looking towards newcomer exchange Intel Markets (INTL) as an exciting investment opportunity.
Intel Markets (INTL) Stuns With $125,000 Raised in 1 Day
Making a massive splash in the crypto world on the first day of its public pre-sale, Intel Markets has grabbed the attention of crypto investors and experts because of its advanced technical platform.
The Intel Markets platform allows investors to trade crypto usings AI technologies at a native level. Users are joining the platform for features like trading robots and multi-channel analysis.
Additionally, the platform’s advanced dual-chain structure has become a key talking point because of its implementation of Solana and Ethereum at root levels.
On the first day of launch, the platform sold over $125,000 worth of INTL tokens with a major splash. Intel Markets offers over 100,000 digital assets with built-in technical analysis and high-volume trading capacity.
The project is offering crypto enthusiast the opportunity to become an early backer through the ongoing presale. Currently, the Stage 1 price is set at $0.018, with an expected surge of 200% in the next round.
With a launch price of $0.11, traders could make up to 1,000% on launch. This makes it the perfect time to become a part of this exciting presale to make generational gains.
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