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Cryptocurrency News Articles
IntelMarkets (INTL) Price Soars 811%, Further Spikes Ahead
Jan 19, 2025 at 08:04 pm
While Solana (SOL) and BONK show some impending rallies, all eyes are on IntelMarkets (INTL). This project is now in phase nine of its presale, which has rewarded early investors with an 811% return.
Solana's price continues to show strong fundamentals and institutional interest despite recent volatility and a 10% decline in DApp activity, setting the stage for a potential rally toward $300 in early 2024.
Solana's price has shown amazing resilience following a 22.5% drop in early January. Solana keeps its top ranking as a blockchain platform, especially in DEX trade volume, where it commands over 30% market share with $219.2 billion in Q4 2024, even while SOL suffered a 10.3% reduction in on-chain activity between January 8–15.
Solana Price Analysis: Potential $300 Target For SOL?
Solana's ETF applications with the SEC, ranging from Grayscale to JPMorgan, could provide a major boost to its price performance. Applications for a Solana-based ETF have been submitted to the SEC by several major financial firms, including Grayscale Investments, VanEck, 21Shares, Bitwise, and Canary Capital. Initial rulings on these applications are expected on January 23–25, 2025. In its first year of operation, JPMorgan predicts that a SOL ETF could attract $3–6 billion in net assets.
A growing declining wedge pattern and a double bottom pattern formed around $175 points to possible upward movement in the Solana price. Although the Solana price right now trades below the 50-day weighted moving average, there is significant support at $175. and $188.15.
BONK Set To Skyrocket With Room To Grow
Launched on the Solana blockchain in December 2022, BONK is a meme-inspired cryptocurrency that quickly rose to prominence due to its community-driven approach and strategic tokenomics, which includes large-scale token burns to reduce supply and increase scarcity.
In November 2024, the BonkDAO announced an ambitious plan to burn 1 trillion BONK tokens by December 25 to coincide with the coin's second anniversary. This "BURNmas" campaign is designed to decrease the circulating supply and potentially increase the token's value. As of January 16, 2025, BONK is trading around $0.00003, showing a 12.45% 24-hour increase.
BONK continues to dominate the meme coin scene with its active community and new developments, promising more to come. However, the emerging AI marvel, IntelMarkets, is becoming the next BONK of this bull run.
IntelMarkets (INTL) Price Soars 811%, Further Spikes Coming
While Solana (SOL) and BONK show some impending rallies, all eyes are on IntelMarkets (INTL). This project is now in phase nine of its presale, which has rewarded early investors with an 811% return. Not only that, IntelMarkets has raised over $6.7 million in its crypto ICO event so far, potentially reaching $7M before this week comes to an end.
This is due to IntelMarkets' goal of capitalizing on the rapidly expanding AI market, which Statista predicts will be valued at $826B by 2030. As the first to integrate AI technology with blockchain, IntelMarkets will launch an AI-powered trading platform. Here, users will encounter self-learning trading robots that enhance their performance and omnichannel processing that provides a holistic signal backed by 100K data points.
At the heart of this platform lies the INTL utility token. Those who hold this crypto coin will get governance voting rights and up to 30% discounts on trading fees. These benefits have intrigued investors, helping IntelMarkets sell 3M INTL tokens in phase nine alone. It costs just $0.082, an 811% rise from its starting price of $0.009. However, the next phase will jump to $0.091, and a Tier-1 CEX listing is expected to push its price to $0.11.
Discover More About Intel Markets:
Presale: https://intelmarkets.io/
Buy Presale: https://buy.intelmarkets.io/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
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