The crypto market is down again after experiencing a little recovery last week. The price of Toncoin is currently down after the arrest of Telegram’s founder. Also, the Binance Coi price has dropped despite the increase in DEX volume for three consecutive days.
On the flip side, analysts forecast the value of Intel Markets has raised over $150k in its first presale stage. With the rapid growth of the new AI-powered perpetual contracts platform, analysts have said it could increase by 1,100% in the coming months.
Toncoin (TON) Price Fluctuates As Telegram Founder Gets Arrested
The Toncoin (TON) community is currently in disarray following the arrest of Telegram’s founder, Pavel Durov, at a French airport. The reason for the fluctuations is Telegram’s connection to the Telegram messaging application.
Data from CoinMarketCap shows the value of Toncoin crypto is in the red zone. It has dropped by 17% on the weekly chart and 16% on the monthly chart. Its market cap even dropped as low as $12 billion from a monthly high of $18 billion.
Analysts are optimistic about the future of Toncoin price. Coincodex forecasts the value of the cryptocurrency could cross the 50-day SMA ($6.76) if positive sentiment returns to the market. If this does not happen, Toncoin value could drop to the $4 region.
BNB Smart Chain’s DEX Volume Soars, Outshine Solana
According to a recent tweet from Lookonchain, the DEX volume on the Binance Smart Chain has outperformed that of Solana for three days straight (Aug 21, 22, 23). BNB Chain handled transactions worth over $922 million, $1.13 billion, and $908 million, respectively, during this period.
Also, data from Defillama shows BNB’s weekly volume has increased by about 40%. On the other hand, that of Solana has dropped by 10%. Meanwhile, Binance Coin BNB is grappling with bearish pressure and might drop below the 50-day SMA ($547.12).
The cryptocurrency has lost its gain on the monthly chart while its market cap is fluctuating between $60 billion and $95 billion. Coincodex’s Binance Coin price prediction is still optimistic. The platform forecasts the value of BNB could jump to $691.36 in the short term and $691.36 in the long run.
Intel Markets (INTL) Attracts Investors With Huge Price Growth Potential
While Toncoin and Binance Coin prices are down, Intel Markets is gearing up for a 1,100% surge in the coming months. The token is already a hot cake less than a month after its presale started. Experts believe Intel Markets’ current price of $0.009 is a good steal. This is because of the potential it has and its connection to the global cryptocurrency market.
According to IMARC Group, the size of this market could increase to $5.5 trillion by 2032, signaling the high potential for a project like Intel Markets. Intel Markets is a crypto trading platform that will allow users to trade multiple assets using an AI-powered algorithm.
The good part about this algorithm is it is tested. More than 1200 traders have benefited from its predictions. In addition to this AI technology, Intel Markets has advanced trading tools. Investors can use them to evaluate market movements, execute trades, and identify trends.
Why Intel Markets’ Growth Potential Surpasses Binance Coin and Toncoin
Intel Markets has a bright future ahead because of its innovative AI-powered trading platform poised to transform crypto trading. Analysts say its price will increase by 1,100% in the coming months, positioning it as a good crypto to buy.
Discover More About Intel Markets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
Meta Title: Toncoin and Binance Coin Prices Slump, While Intel Markets Anticipates 1,100% Surge
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