It has been days of upward price movement, although some altcoins seem to be losing a bit of steam. Binance Coin (BNB) struggles with the $550 support. Meanwhile, TRON (TRX) maintains bullish momentum, gearing up to flip the next resistance into support.
Concurrently, there is growing interest in Intel Markets (INTL), a new blockchain-based project aiming to reshape crypto trading. It integrates with AI—one of the most disruptive innovations this century—making it a new DeFi project to keep on the radar.
Intel Markets (INTL): Transforming the Global Crypto Trading Scene
Intel Markets (INTL), the latest sensation in the crypto space, is gearing up to reshape the global crypto trading market estimated to reach $264 billion in 2030. Its unique contribution as an AI-powered smart trading platform hasn’t gone unnoticed, hailed as the next big thing by industry experts.
Through a blend of AI and DeFi, it will build a cutting-edge platform that empowers the next generation of traders with huge computing power. Advanced trading tools, including bots and charting software, copy trading and 1,000x leverage, will assist users in executing trades with precision and making profits.
In light of the above, it is well on track to be massively adopted. Over $160,000 has been raised a few days into the presale, with a token priced at just $0.009 in the first stage. Meanwhile, a 65x jump is anticipated after its launch, soaring past BNB and TRON in gains.
Binance Coin (BNB) Struggles at $550 Support
Binance Coin (BNB) was one of the top performers earlier this month but faces challenges in maintaining its bullish trend. The bulls seem to have lost steam as the BNB price tumbled from $600 earlier this week below $560. The question on the minds of many is, “What next?”
Two scenarios can either play out: a breakout or further decline. The price holding above $550 till the week’s end will likely usher in a fresh bullish wave. However, a fall below $510 will spark selling pressure, resulting in more decline.
Despite the short-term fluctuations, the BNB coin is having an impressive year—you just have to zoom out. In the yearly timeframe, it has been up by over 150%. Meanwhile, an all-time high of $720 was recorded in June. Given its stellar record and significant upside potential, it is a token worth betting on.
TRON (TRX): Aims for a New Peak
TRON (TRX), a Layer-1 token, continues to bask in the spotlight. It has been one of the biggest highlights this month, soaring by almost 20%. With the coming month poised to usher in a stronger bullish wave, it is an altcoin to watch and a compelling way to position for gains.
In the past 7 days, a 10% uptick has been recorded in the TRON price. This jump in value can be linked to the overall market rally and the rising popularity of TRON memes. Just 45% away from its 2017 all-time high of $0.3, the bulls charge on with renewed vigor and confidence.
According to popular forecasts, the TRON coin will go on price discoveries before the year’s end. At its current pace, it is well on track, placing it on the list of altcoins to keep on the radar. Besides, its price is budget-friendly, allowing investment without breaking the bank.
Conclusion
Amid BNB’s struggle and TRON’s big jump, attention is gradually shifting toward Intel Markets, a new AI-based DeFi project aiming to transform the crypto trading market. The presale already hit the ground running, selling out fast. Offering a good opportunity to become an early adopter, this is a bullish wave not to miss out on.
For the latest updates and information, visit the official Intel Markets Website.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
Source: https://blockonomi.com/bnb-struggles-tron-soars-this-new-project-is-poised-to-redefine-crypto-trading/