Despite the Price Downturn, Investors Have Been Buying the Solana and BNB Dip, Betting on Their Comeback

While often undesired, market dips provide the best entries. Following the latest downswing, savvy investors have been gobbling up the Solana (SOL) and Binance Coin (BNB) dips

While the market dips are often undesired, they present the best points of entry. Following the latest downswing, many investors have been gobbling up the Solana (SOL) and Binance Coin (BNB) dips, positioning themselves ahead of the next jump.

On the other hand, IntelMarkets (INTL), the latest ICO sensation, hit $230,000 in record time. The presale recently went live and the huge interest can be linked to its AI-powered trading protocol and significant upside potential.

IntelMarkets (INTL): A New DeFi Protocol Stirring Much Buzz

IntelMarkets (INTL), a new DeFi protocol, has been at the heart of the current market buzz. Over $230,000 has been raised in the ongoing presale just a few days after going live, suggesting investor interest and confidence in its potential.

Its impending transformation of the $36 billion global crypto trading market makes it a promising wave not to miss out on, explaining the rising interest. By blending AI and crypto trading, it intends to provide traders with enough computing power. Other trading features like 1,000x leverage, copy trading and trading bots will assist users in trading smarter and better.

Tipped for imminent adoption by industry experts, its current price presents the best entry. In stage 1, a token costs only $0.009 and has been tipped for a 5,000% upswing after its debut, dwarfing the growth prospects of top altcoins like Solana or BNB.

Solana (SOL): $180 Before Month’s End?

Solana (SOL), a DeFi giant, had one of the best runs this year. Building on last year’s momentum, it hit $200 in the first quarter, inching closer to it’s all-time high of $260. However, amid dwindling interest in SOL memes and an overall market decline, it tumbled, which, interestingly, is good news to the ears of many.

The Solana price has been down by 5% in the past seven days, hovering above the $130 level. A 10% downswing has also been recorded in the monthly chart, plummeting from a high of $160. Bearish forecasts point to a retest of the $110 and $120 zones, which will likely be invalidated in the case of a weekly close above $160.

Given its growth prospects, savvy investors continue to expand their portfolios. Current market conditions might be bearish but the bigger picture remains promising. A trending Solana price prediction suggests a jump past $180 before the month’s end, making it a dip worth buying.

Binance Coin (BNB) Targets $1,000

Binance Coin (BNB) traded above $700 in June, registering an all-time high. Specifically, on June 6, three months ago, it hit $720, soaring past the 2021 ATH and creating a new peak. While there has been a 30% decline since then, prospective holders have been filling their bags by buying the dip.

On the weekly chart, the BNB price is down 4%, hovering above $500. This level has proven to be solid support, potentially rising to $550 in the coming days. However, a breach might result in a cascading selloff below $450.

With another price discovery on the cards, it isn’t surprising that investors have been stacking up the BNB coin. Analysts predict an upswing above $1,000 before the year’s end, placing it on the list of the best coins to invest in.

Conclusion

Despite the price downturn, investors have been buying the Solana and BNB dip, betting on their comeback. Meanwhile, IntelMarkets has emerged as a new favorite, selling out fast in presale. Its potential transformation of the crypto trading market and 5,000% upside potential make it a top pick.

Discover More About Intel Markets:

Presale: https://intelmarketspresale.com/

Buy Presale: https://buy.intelmarketspresale.com/

Telegram: https://t.me/IntelMarketsOfficial

Twitter: https://x.com/intel_markets

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