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Cryptocurrency News Articles
Solana Price Analysis: SOL Tumbles Below $200 as Investors Flock to IntelMarkets (INTL)
Jan 12, 2025 at 07:00 pm
The price of Solana’s (SOL) native token continues to experience volatility in the market as it drops further on Monday. The current session witnesses the SOL token trading below the $200 mark.
While the Solana price struggles, investors are flocking to an emerging platform called IntelMarkets. This AI marvel has emerged as a solace for traders, especially after its Nvidia update. The Nvidia update is expected to help the INTL token soar by a massive 30,000%.
Solana Price Analysis: SOL Tumbles Below $200!
Solana’s price has failed to reclaim $200 as sellers continue to lower the Solana price during the ongoing session.
SOL was relatively bullish until recent sessions but lost momentum after failing to move above the 50-day SMA.
The Solana price registered an increase of almost 3% on Wednesday and moved to $194, starting the new year positively.
Bullish sentiment registered a substantial rise on Thursday as SOL surged over 7% to move past the 20-day SMA and $200 to settle at $208.
Buyers retained control on Friday, helping SOL register an increase of almost 5% and move to $217.
However, with the 50-day SMA coming into play, SOL lost momentum over the weekend, dropping 0.56% on Saturday and 1.52% on Sunday to settle at $213.
The current week began with SOL reaching an intraday high of $223 before settling at $218, an increase of 2.30%.
However, it dropped substantially on Tuesday, falling by 7.38% and settling at $202.
SOL slipped below $200 on Wednesday, falling to an intraday low of $188.
However, it recovered from this level to go above the 20-day SMA and settle at $197.
The current session sees Solana’s price down almost 2%, slipping below the 20-day SMA and trading around $191.
IntelMarkets (INTL): Revolutionizing Trading With Nvidia Update
If you’re looking for a game-changing project in 2025, look no further than IntelMarkets (INTL). It combines artificial intelligence (AI) with blockchain technology and decentralized finance (DeFi). Backed by a $1 million Quantum AI research grant from Nvidia, INTL is poised to reshape the global crypto trading market.
Currently in stage 9 of its ICO, INTL sells tokens for $0.082. What truly sets it apart is the striking combination of technology, strategic funding, partnerships, and cutting-edge Quantum AI solutions. With an upside potential of 100x on its market debut, INTL adds to its appeal as a must-own altcoin for those seeking life-changing gains.
Unlike traditional blockchains and DeFi platforms, INTL empowers users to make real-time trading decisions and leverage self-learning algorithms.
For investors, the opportunity to invest early in a project with immense growth potential is presenting itself.
Nvidia’s DLSS (Deep Learning Super Sampling) technology uses AI to upscale lower-resolution images to higher resolutions, boosting performance without sacrificing visual quality.
The latest updates could include new versions like DLSS 3, which aims to deliver even higher frame rates. This has caused a buzz in the crypto space.
As a result, there has been an increased influx of investors into the AI platform.
SOL investors are dumping their BONK holdings to shift to IntelMarkets in this bull run.
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
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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