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.
Solana’s price is down, along with all the bullish trending crypto coins. This drop happened a day ago when the US President announced new tariffs on the automobile industry. The news left markets stunned, and both the stock market and crypto markets soon lost momentum.
Most crypto coins lost over 3-4 % value on average, while Solana’s price dropped by around 3% in the first few hours, and it has now dropped over 5% in the past 24 hours. The majority of crypto is still down, however, many trading experts are claiming that this will also be a temporary drop, as many of the crypto coins, like SOL, have bullish pressure mounting.
Solana’s price was on the rise before this news broke, and its gains were based on strong usage indicators, rising active addresses, and positive news about an SOL ETF being launched. Right now, people who have invested in the IntelMarkets (INTL) presale are glad that they are protected from the market’s volatility, and their 400% gains are sure at the INTL’s launch.
Solana Price Drops 5% As Auto Tariffs Rock Markets
SOL’s dream run of the past week has been blocked by broader macroeconomic factors, and Solana’s price dropped below the $145 range. While the overall markets and crypto are all down, it is particularly tough for SOL investors to see Solana’s price drop again.
Solana’s price had been on a bull cycle after several tough weeks in which the SOL network experienced dropping usage and lower active addresses due to meme coin slowdown.
Right now, Solana’s price is currently around the $130 range, and this seems to be the lower support level for SOL right now. With a nominal rise in market volumes, it seems like investors are adopting a cautious approach for now. With the markets trending towards uncertainty, it makes sense that SOL holders remain cautious and see where Solana’s price moves.
Experts claim that this slowdown is a temporary stage, and the markets should resume their normal cycle in a few days as momentum returns to cryptos. Investors that picked low entry points like IntelMarkets presale are happy with their decision as their returns remain secure.
IntelMarkets: Harnessing the Power of AI
IntelMarkets is one of the safest bets in crypto, especially with its high return proposition. The presale has already delivered 900% gains to its holders and will deliver a further 400% gain at its official launch.
This innovative AI-based project used the power of AI to design a trading platform that offers its users advanced trading tools that are augmented with AI features to make them far more effective than traditional trading platforms.
IntelMarkets (INTL) offers users the world’s first AI-powered trading platform. It is going to have the usual trade signals and portfolio management tools that conventional platforms have. What sets IntelMarkets apart is its self-learning trading robots that improve their performance over time.
Another unique feature of the platform is its data analysis feature known as the Intell-Array Multichannel Analysis. This helps in analyzing large amounts of data and identifying the best trading opportunities in the market.
Conclusion
While Solana price rise is almost certain, it is also certain that IntelMarkets (INTL) is going to change crypto trading with its platform. With AI becoming more relevant to everyday life, the INTL presale has attracted many investors
Its presale is progressing smoothly, as the platform has picked up $12.1 million so far. The INTL token is available for $0.09 and offers a great option for people who have missed out on the gains that SOL has offered.
Check out the IntelMarkets for more information about the technical platform, or join the Presale for exclusive benefits.
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.
Editor-in-Chief of CoinCentral and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact Oliver@coincentral.com
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