Why Whales Secretly Accumulate IntelMarkets’ Native Token: Here’s Why

Recent developments have revealed that whale investors are substantially accumulating IntelMarkets’ native token INTL as the rest of the market collapses.

As the cryptocurrency market continues to experience heightened volatility, some of the leading altcoins, such as Aave (AAVE) and Fantom (FTM), have seen a noticeable slowdown in growth and adoption. However, behind the scenes, savvy whale investors are quietly investing in a lesser-known altcoin that has shown promising potential amidst the market downturn.

This altcoin has been quietly gaining ground, and with the actions of these whales gaining traction, many market players are curious to know why whales chose this under-the-radar cryptocurrency and what makes it stand out from the rest.

Here's a closer look at the key developments and why whales are accumulating this hidden gem as AAVE and FTM Stumble.

Sonic Scales Temperature Check For Aave v3 Launch

In recent developments, Sonic, the new Fantom, has passed the temperature check that is necessary to move on with the launch of Aave v3 in its protocol. This temperature check is the first stage that a network must pass before integrating into another blockchain.

The proposal to launch Aave v3 on Sonic reached a consensus on December 27, 2024, as members of the Aave community extended support towards this initiative. The consensus allowed the network to release the Aave Improvement Proposal, which was the final proposal that needed to pass before Aave v3 could go live on Sonic.

Aave v3 on Sonic will enable users to access on-chain native credit lines and provide liquidity to outsiders. With Sonic able to process 10,000 transactions per second, the layer-1 network will attract Web3 developers across the globe, including within the Aave network.

Although Aave is a leader in the decentralized lending market, the current market situation has significantly hampered its growth. With Aave down 16.47% to $315 in a week, whales are switching over to INTL.

Whale Buys 3.2 Million FTM Ahead Of Sonic Transition

A crypto whale has recently acquired 2.82 million FTM from Binance, sending the tokens to an external wallet, as the network prepares to transition from Fantom to Sonic in early 2025. This bulk purchase of FTM is valued at $2.2 million.

According to available data, this is not the first time this investor has interacted with FTM. Three years ago, the same whale bought FTM, upping their current balance to 3.2 million FTM.

As we approach the new year, several crypto exchanges have shown support for this transition, including Binance. Last week, Binance announced that it would support Fantom through this process.

On January 13, 03:00 UTC, the exchange will delist FTM pairs from its exchange and list the new S pairs at 08:00 UTC on January 16, including S/BTC, S/USDT, S/ETH, S/USDC, et al. Despite the inbound upgrade, FTM dropped 28.95% to $0.69.

Whales Secretly Accumulate IntelMarkets’ Native Token: Here’s Why

Recent developments have revealed that whale investors are substantially accumulating IntelMarkets’ native token INTL as the rest of the market collapses. This is because INTL has demonstrated immunity to the downturn plaguing the market, trending higher than its peers.

IntelMarkets is an upcoming trading platform that seeks to redefine leverage trading. By offering up to 1,000X leverages, traders can maximize even the slightest price move to accrue massive gains.

The exchange operates within a dual-chain ecosystem that backs Ethereum and Solana, leveraging their capabilities to offer users the best experiences. Some of the perks this combined chain approach affords the platform include cost-effectiveness, speed, access to liquidity pools, and decentralization.

As an integral part of IntelMarkets, INTL will allow users to access AI-powered tools like trading robots to enhance their performances and the Intell-M Channel analytic tool to generate clear trading signals. With INTL still in its presale, investors can buy the token before it blows up.

INTL Set To Make Investors Rich Despite Market Slump

Although many investors have made massive profits because they bought INTL early, the token offers new investors a chance to join the train before it ultimately leaves the public presale station. While investors in other cryptocurrencies become poorer due to the dip, INTL investors are set to get richer as the token gears up for a rally.

Savvy investors are already buying the token at its current price of $0.07 for a 50% profit when it goes live on exchanges at $0.11. Those who joined early would have made 1,100% gains by then.

However, after its exchange debut, INTL is expected to skyrocket a hundred-fold or more, making it one of the best