98% of TRON Holders in Profit - Can Intel Markets Follow Toncoin's Success?
98% Of TRON Holders in Profit
Tron (TRX), the native currency of the Tron network, has been among the best-performing coins in the past few weeks. According to data from IntoTheBlock, over 98% of Tron HODLers are sitting in profits.
The price of the cryptocurrency is up 14% on the monthly chart. Its market cap fluctuates between a low of $10 billion and a high of $15 billion. Despite the bullish wave around Tron coin, the 14-day RSI signals that its value might head for a correction. The RSI is currently in the overbought region.
Future Price Movement
In terms of future price movement, the value of Tron crypto could drop in the coming weeks. Its 14-day RSI is above 70 and is in the overbought region. Major supports exist at the 50-Day SMA ($0.135112) and 200-Day SMA ($0.125951) in case of a price drop.
Toncoin (TON) Whales Accumulate 13 Million TON Tokens
Toncoin crypto, the native token of the TON ecosystem, has been in a downtrend since the arrest of Telegram’s founder in France. Data from CoinMarketCap shows that the value of the coin has dropped by 20% on the monthly chart.
However, large TON holders have been accumulating over 13.14 million tokens in the past week, capitalizing on the price drop.
Price Movement Outlook
Analysts remain skeptical about the price movement of the Toncoin token. If ongoing support for Telegram’s founder surfaces, the Toncoin price could rise to $6.59 within weeks.
Intel Markets Solves Issues in Crypto Trading
A new presale called Intel Markets (INTL) is gaining traction within the crypto community. The project has already raised over $180k in its initial presale stage and its current price sits at $0.009, with predictions of reaching $0.50 by year-end due to its innovative platform.
Intel Markets aims to tackle the challenges facing the $36.5 billion crypto trading sector, including low liquidity and security issues. The dual-chain architecture offers efficient transaction speeds and cost-effectiveness.
AI Trading Bot Integration
Additionally, Intel Markets features an AI trading bot that assists investors in analyzing market trends and executing automated trades, maximizing profitability.
Will Intel Markets Replicate Toncoin's Growth?
Analysts are optimistic about Intel Markets’ future, believing its unique approach will attract significant user interest.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.