With Solana and Ethereum whales rumoured to be flocking to the Intel Markets presale, could this new platform be set to disrupt the crypto trading landscape?
Large investors, known as "whales", play a significant role in shaping the crypto market. Recent whispers suggest that major players from Solana (SOL) and Ethereum (ETH) are eyeing the Intel Markets presale, potentially setting the stage for a dramatic shift in crypto trading.
While both SOL and ETH have been generating positive news and price predictions, Intel Markets, with its innovative approach to perpetual contracts, is attracting attention. Analysts believe this newcomer could be the next 11x cryptocurrency in 2024.
Solana: A Bullish Outlook
SOL has been on a strong upward trajectory, experiencing a near 550% price increase over the past year according to CoinMarketCap. Analyst Satoshi Flipper remains confident in its potential, stating on X that SOL could reach £120 if market conditions remain favourable. With a strong technical outlook, including eight green signals and exceeding its 200-day exponential moving average, experts are predicting SOL to hit £126 by the end of September 2024.
Ethereum: Vitalik Buterin's Donation Fuels Growth
Ethereum (ETH) has also seen positive developments, with the recent news that Vitalik Buterin deposited 200 ETH into Kraken. Although initially perceived as a bearish sign, it was later revealed to be a charitable donation. ETH has seen a 55% price surge in the past year and boasts positive technical signals, currently sitting above its 200-day exponential moving average. This, combined with its strong fundamentals, has analysts forecasting a £2,400 value for ETH in October 2024.
Intel Markets: A New Era in Crypto Trading
Intel Markets, a presale sensation, is positioned to become a game-changer in crypto trading. With significant support from both Solana and Ethereum whales, analysts are bullish on its potential. Unlike traditional perpetual exchanges, Intel Markets offers contracts that never expire, allowing traders to keep their positions open indefinitely. Additionally, its dual-chain functionality supports both Ethereum and Solana blockchains, making it even more attractive to large investors.
The INTL utility token, currently priced at £0.007 in Stage 1 of the presale, fuels this platform. This price is set to rise to £0.014 once Stage 2 launches in two weeks. Early investors could see a return of over 1,100% when the token is listed on a Tier-1 centralised exchange (CEX) in Q1 2025, potentially reaching £0.08.
Why Whales are Turning to Intel Markets
While Solana and Ethereum are experiencing growth, whales are drawn to Intel Markets due to its smaller market cap. This allows for greater price appreciation potential in the long run, especially considering the massive £1.7 trillion crypto trading market.
To learn more about Intel Markets, visit their official website or follow them on Telegram and Twitter.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Readers are encouraged to conduct their own research before making any investment decisions.
