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Homeweb3.0INTL vs. Ethereum and Solana: Why IntelMarkets Is Becoming the New Favorite
INTL vs. Ethereum and Solana: Why IntelMarkets Is Becoming the New FavoriteOct 21, 2024 am 04:16 AM
ethereum Solana IntelMarkets Millionaire Status

While IntelMarkets (INTL) is a relatively new project to compare to crypto world giants like Ethereum (ETH) and Solana (SOL),but it is gaining

INTL vs. Ethereum and Solana: Why IntelMarkets Is Becoming the New Favorite

Despite the early excitement around Ethereum (ETH) ETFs, which launched in July 2024, these funds have seen minimal net inflows compared to Bitcoin ETFs.

In fact, over four of the first five trading days, there have been net outflows totaling approximately $750 million from Ethereum ETFs. A large portion of this is attributed to withdrawals from the Grayscale Ethereum Trust (ETHE), which saw withdrawals of more than $2.5 billion.

This poor performance is in stark contrast to the recent success of Bitcoin ETFs, which saw an influx of more than $300 million in the first few days of October.

As investors continue to keep an eye on Ethereum’s (ETH) price, which is still showing signs of instability, the crypto major has been struggling to break past critical resistance levels, with its current price at the time of writing this article is around $2,637.

This October, the underperformance of Ethereum (ETH) ETFs has been largely driven by several factors, including the rising supply of Ethereum (ETH) and broader market uncertainty, including government investigations.

Solana (SOL) Double-Top Pattern: A Warning Sign for Investors?

Solana (SOL) appears to be reaching a critical juncture based on a possible double-top pattern, a bearish formation that suggests a potential reversal.

Such a pattern occurs when an asset reaches its peak price twice and fails to break above it. If Solana (SOL) loses momentum, the double-top pattern could be a worrying sign for investors and traders.

The current price, which serves as Solana’s (SOL) key support at $153.6, could significantly influence the coin’s future movement. If Solana (SOL) breaks below this level, it could lead to a further breakdown of the double-top pattern, indicating a more drastic decline and seeing massive lows.

In that case, the next support would be around $130 or so, where Solana (SOL) could attempt to find a bottom.

INTL vs. Ethereum and Solana: Why IntelMarkets Is Becoming the New Favorite

While IntelMarkets (INTL) is a relatively new project to compare to crypto world giants like Ethereum (ETH) and Solana (SOL), it is gaining attention from loads of investors, traders, and analysts.

It is being touted as the next crypto world ticket to millionaire status like Ethereum (ETH) and Solana (SOL) used to be. IntelMarkets is a newly launched DeFi trading platform that integrates AI at every step of trading making the whole process a breeze of an air and error less.

By utilizing technical analysis and advanced trading strategies, this trading platform will amplify users’ profit margins—the kind of profits that were previously only accessible to institutional traders. Thanks to IntelMarkets, these capabilities will now be available to everyday traders.

One of the platform’s standout features is its Rodeum-AI powered trading robots, which are trained on data from over 1000 sources for over 100,000 crypto assets. By doing this, these robots generate accurate and precise signals for profitable trades. According to analysts, features like this can be a game-changer for the crypto market.

At the moment, IntelMarkets is in the presale phase stage 3 and has already collected over $1.3M in just a few months. Each INTL token cost $0.027 only, but this price is increasing with every subsequent round and will eventually rise beyond $1 upon listing on CEXs. This will generate millions of equivalent profit who invest now.

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