The crypto market remains a competitive space as many new coins outshine top OGs like Binance Coin (BNB) and Solana (SOL). Currently, there is a new underdog in town. Analysts believe IntelMarket could become the best cryptocurrency of 2024.
They forecast its price would reach $1, making it a good cryptocurrency to buy. Presently, IntelMarkets has just entered the third stage of its crypto ICO and has raised over $910k in funding.
Solana (SOL) TVL Pumps To 3-Year High
According to DefiLlama, the Solana blockchain has seen rising TVL across its ecosystem protocols. The TVL stands at $5.8 billion for the first time since January 2022. This increase in TVL could be a bullish sign in the long run.
In other news, the Solana coin has been on a steep slope in the past week, dropping by 2.5% on the weekly level. As a result, the cryptocurrency has fallen below the 200-SMA ($146.81). Still, it is above the 50-SMA at $142.42.
CryptoGodJohn forecast that the Solana price could soar to $162.316 in the next few weeks. Other analysts give a higher target of $310 before the end of December.
Binance (BNB) Expands To Argentina With Regulatory Approval
Binance, the largest cryptocurrency exchange by trading volume, has expanded its services in Argentina. This move comes after the country’s National Securities Commission approved its registration as a cryptocurrency service provider.
This is the 20th license obtained by Binance over the years. Presently, the Binance Coin BNB did not respond positively to the news. Its value has dropped by 7% on the weekly timeframe.
However, the Binance Coin price is still bullish at a higher timeframe. It is up on the biweekly and monthly charts. Going forward, analysts say the value of the cryptocurrency could increase soon as long as it remains above the 200-SMA at $532.22.
VipRoseTr told their followers on X that Binance Coin crypto is trading within a long-term ascending channel. According to the analysts, the price of BNB could pump to $600 if it breaks out towards the top of the channel.
IntelMarkets (INTL) Goes Beyond Conventional Crypto Trading
IntelMarkets (INTL) is an upcoming AI-based crypto exchange that unites senior experts from Google, OpenAI, Goldman Sachs, and Renaissance Technologies to create an AI-based trading platform that houses modern and cutting-edge trading tools not available on conventional exchanges. The aim of this approach is to make trading of cryptocurrencies easier and to increase the chances of making profits.
One such tool is IntelMarkets’ Intelli-M Multi-channel. This tool offers a single trading signal originating from more than one thousand sources in over a hundred thousand products. Traders can come up with informed decisions using real time and quality data from the enterprise. Thus, there will be improved results for their trades.
IntelMarkets also provides trading bots that are AI-driven by Rodeum AI that help users gain more profits. These bots are self-learning and, hence, ideal for all categories of traders in the market. Investors who are new to trading can easily take the advanced strategies and feed them to the bots, which will mirror every move.
IntelMarkets is integrated with both Solana and Ethereum blockchains to enable dual-chain liquidity, fast transaction speeds, low fees, and security. Currently in the third phase of its presale, the INTL token is now priced at $0.027364. The project realized over $907k in funding and could hit $1 million soon.
Can IntelMarkets Outperform Binance Coin and Solana in Q4?
As IntelMarkets grows, it is in a perfect spot to rival the big dogs such as Binance Coin (BNB) and Solana (SOL). If this trend continues, analysts forecast the value of IntelMarkets will rise by 1,100% in the coming months. Such potential makes it a top crypto to buy.
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
