Year after year, the crypto market experiences a significant price growth from one token or more. For this year, a groundbreaking altcoin currently in its presale stage has captured the attention of members of the crypto community.
Recently, a whale from the Solana ICO made a substantial investment in this token and its ecosystem, providing crucial support for its launch. Analysts have consequently predicted that this altcoin could skyrocket to 100x gains in record time upon its official launch. Let’s dive in!
Solana Price Hits New ATH, Influenced By Trump Coin’s Rally
The Solana price has grown over the years, rising from $10 in 2018 to over $200 in 2021 as investors realized the unique potential of the crypto. Known for its high performance and speed in executing transactions, SOL has seen significant growth.
Compared to its competitors, SOL is one of the best-performing cryptos of the current cycle, thanks to the massive growth in its DeFi sector. This has attracted a lot of attention, including that of US President Donald Trump.
President Donald Trump launched his $Trump coin on the Solana blockchain because of its reputation as a hub for new coin activity. The surge in Trump Coin’s value boosted SOL’s price by over 40% to reach a new all-time high of $295.40. Although the Solana price has since dropped by 33.8% to its current level of $194.47, the long-term outlook remains optimistic.
SOL Whale Takes Advantage Of Solana-Based Altcoins For Substantial Returns
Realizing that a SOL-based token can potentially boost the price of Solana significantly, a SOL whale who has been searching for SOL-based tokens recently came across a viral AI altcoin named IntelMarkets, which operates on both the Solana and Ethereum blockchains.
With its unique dual-chain functionality, IntelMarkets stands out in the crypto market as the first exchange built on both the Solana and Ethereum blockchains. This setup allows investors to take advantage of the distinct features offered by each blockchain, including scalability, transparency, efficiency, and lightning-fast transaction executions.
In addition, IntelMarkets will also launch its Route X21 —The First Quantum Proofing Protocol, which focuses on implementing advanced cryptographic techniques across products to prevent security challenges and potential quantum computing threats to blockchain systems.
Analysts Predict 100x Surge For INTL, Followin
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Author: Crypto Daily
