Early investment in a project normally yields the highest returns. This is a known fact in the crypto space, and many have benefited from this strategy. Currently, Ethereum (ETH) and Binance coin (BNB) whales are already moving big investments in IntelMarkets (INTL), a presale token that is looming closer to the $1 million mark.
This early momentum shows high expectations for the project in the future. Analysts forecast that the value of IntelMarkets could increase by 1,100% before the year runs out, making it a great cryptocurrency to buy now.
Ethereum (ETH) New Proposal To Boost Transaction Speed
A new Ethereum Improvement Proposal (EIP), EIP-7781, is making waves in the Ethereum (ETH) community. EIP-7781, drawn up by Illyriad Games co-founder Ben Adams is aimed at increasing Ethereum’s (ETH) throughput by reducing the slot time from 12 seconds to 8 seconds.
Also, DEXes would become about 1.22 times more efficient. If passed, this would be a massive first step toward enhancing the efficiency of the Ethereum network. In other news, ETH is trading below the 50-SMA ($2,537.08) and 200-SMA ($3,085.28), a sign of bearish pressure.
Ethereum (ETH) has been struggling to maintain an uptrend despite the launch of Ethereum ETFs a few weeks ago. Nevertheless, analysts expect gains to occur in the coming weeks. Cryptoknight890 forecasts that the Ethereum price could pump to $2,800 in the next few weeks. If this happens, ETH might rally to $3,500 soon.
Binance Coin (BNB) Remains Strong Despite Bearish Pressure
With a year-to-date gain of 165.8%, Binance Coin (BNB) is among the top crypto coins in the market right now. It has recorded 19 green days in the past month meaning bulls were in charge.
Despite losing the $500 region in early September, Binance Coin BNB showed resilience by rebounding above the $570 support this month. The token is currently trading above the 50-SMA ($555.20) and 200-SMA ($531.21), a sign that bulls have the upper hand in the crypto market.
Looking ahead, analysts have a bullish Binance Coin price prediction. Coincodex forecasts the value of the cryptocurrency could rally to $690.56 in the coming months. CryptoWZRD_ predicts a target of $860 for Binance Coin crypto.
IntelMarkets (INTL): Top Experts To Launch New AI-based Trading Platform
IntelMarkets (INTL) is an upcoming AI-based crypto exchange that has experts from firms like Google, OpenAI, Goldman Sachs, and Renaissance Technologies. Their goal is to create the best trading platform and make available institutional trading tools available to retail traders. By doing so, IntelMarkets looks to become the leading player in the $36.5 billion crypto exchange market.
The aim is to readily trade the cryptocurrencies and increase trader’s earnings. These include the Intelli-M Multi-channel, which delivers a single trading signal from more than 1,000 feeds over 100,000 assets. They can also make use of the real-time high-quality data generated by the platform and enhance the trade result.
The exchange also comprises trading bots based on artificial intelligence from Rodeum AI that is self-learning and, hence, highly appropriate for novice traders. It is easy for new traders to input advanced strategies into the bots, and the bots will mimic those moves.
IntelMarkets supports both Solana and Ethereum networks, thus ensuring benefits like efficiency, fast trades, low fees, and access to liquidity. Presently in its third presale stage, the INTL token is being sold at $0.027364. Analysts expect a 10x rally. Also, they believe the project’s funding will increase to $5 million from the current value of $930k.
Ethereum and Binance Coin Holders Double Down On IntelMarkets
The attention from Ethereum (ETH) and Binance Coin (BNB) whales shows IntelMarkets is a great DeFi project with potential. As the IntelMarkets crypto ICO continues to grow, early investors are positioning themselves for potential huge returns.
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