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Why Does Solana (SOL) Whales Favor IntelMarkets (INTL) as Presale Crossed $1.2M? Low $0.027 Price Makes it More Undervalued Than Toncoin (TON)

October 17, 2024 By Crypto Reporter

The bull market shifts gears and sentiment hasn’t been this euphoric in weeks. With a buying spree sparked, Solana (SOL) whales favor the IntelMarkets (INTL) presale as it crossed $1.2 million in early funding.

Besides its significant upside potential, its budget-friendliness is another layer of its appeal—more undervalued than Toncoin (TON). As it approaches its explosive launch, it has been hailed as the best presale to invest in.

IntelMarkets (INTL): Undervalued and Bullish New Altcoin

IntelMarkets (INTL) is both budget-friendly and undervalued, driving huge investor interest. It surpassed $1.2 million in fundraising amid overwhelming participation in the presale and soaring confidence in its potential. Meanwhile, as a new altcoin with a bullish AI-DeFi narrative, its upside potential is staggering.

Its AI-powered trading platform, hailed as a trailblazer, is on track to reshape the $347 billion crypto trading scene. It will be the first modern platform to integrate trading robots trained on over 100,000 data points; its AI-based blockchain will power the vibrant ecosystem. Meanwhile, the trading bots are designed to give access to excellent trading strategies, with other advanced features like copy trading and 1,000x leverage at traders’ fingertips.

Priced at $0.027 in the third stage of the ICO, it is more undervalued than Toncoin (TON). Solana (SOL) whales have been betting big, hoping to make the most of its bullish wave. As top industry experts predict a 6,500% jump in value in the next three months, it is among the best cryptos to invest in.

Solana (SOL): A Potential Rally Above $300 This Year

Solana (SOL) might not be a household name like Bitcoin (BTC) or Ethereum (ETH) but is quickly becoming one. It had one of the most impressive runs this year and the Solana blockchain is one of the most widely embraced.

Trading a little above $100 at the start of the year, the Solana price recorded a year high of $200 during the March high. Although bearish pressure has set in, its outlook remains promising. Besides, the past few days have been bullish for Solana (SOL).

The recent market bounce pushed it to the upside. In the past 7 days, it jumped over 7%, changing hands above the $150 support. Further gains are anticipated in the coming weeks—a potential jump above $300 before the year’s end. Given its growth prospects, it is one of the best coins to invest in.

Toncoin (TON): Primed for Bullish Reversal

This year’s remarkable run cannot be recounted without mentioning Toncoin (TON). Propelled by the buzz around Telegram mini apps, it exploded, going on several price discoveries. With the future outlook even more promising, it is one of the altcoins to watch.

Four months ago, specifically on June 15, 2024, it soared past $8.2—an all-time high. Despite the 35% downswing from this peak price, analysts believe a total bullish reversal is on the cards. The Toncoin price is significantly discounted according to experts, trading around $5.3.

However, to some, it isn’t readily affordable, especially for retailers on a tight budget. As a result, memecoins or presale tokens might feel more appealing. Nevertheless, to position well in this bull market, TON is a good crypto to buy.

Conclusion

Solana (SOL) whales have been doubling down on IntelMarkets (INTL) due to its massive upside potential and novelty as an AI-powered trading platform. Moreover, it is more undervalued than Toncoin (TON), making it a top crypto pick. To invest in the future of crypto trading, savvy investors have been showing a keen interest.

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Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

Filed Under: General News, News

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