Due to climbing bearish influence in the crypto market, Bonk (BONK) and Solana (SOL) lose upward momentum, causing their prices to plummet. Meanwhile, an emerging AI coin, selling for just $0.07, is gearing up to supersede these established players and deliver up to fifty-fold gains to investors.
Read on to learn more about this AI coin and learn how to capitalize on its imminent price pump!
Solana-based meme coin BONK has shed $1.80 billion off its market valuation over the last 30 days. The drop coincides with a 34.11% decrease in the meme coin's market value.
On November 20, 2024, BONK traded much higher, with a $4.35 billion market capitalization and a price of $0.000058. Following the dip, the meme coin now trades with a $2.55 billion market cap and a price of $0.000030.
Further analysis of the meme coin attributes the decline to the recent nullification of the altcoin rally, which has negatively impacted several meme coins. Unless the market turns around, BONK might experience difficulties reclaiming lost price levels.
Meanwhile, a new AI coin is making waves for trending higher amid BONK's continued decline. This week, BONK fell 23.56%, priced at $0.000030.
Solana has set a record for the highest number of transactions processed in a single day following the launch of PENGU, a cryptocurrency owned by Pudgy Penguins NFT.
According to reports, the blockchain registered 66.9 million transactions within 24 hours, hitting an all-time high in the entire crypto market. This feat has brought Solana and its native token, SOL, into the spotlight. Since Solana's launch in 2020, this figure marked the highest number of transactions the blockchain has processed in a day.
Solana also took the lead in other metrics like decentralized exchange trading volume and daily active addresses, although it fell behind in stablecoin transfers. This development shows how Solana is often considered the go-to blockchain for launching meme coins, NFTs, and other small-time decentralized projects.
However, this new AI coin will soon rival Solana with its innovative solutions and captivating offerings. Despite this accomplishment, SOL's price dipped 8.46% over the week, crashing to $210.
Amid the altcoin market decline, IntelMarkets (INTL) is grabbing the attention of market participants as a safer investment option due to its better outlook. This AI coin is trending higher while established assets like BONK and SOL dip, which suggests it could be a haven for investors.
INTL directs the affairs of the IntelMarkets ecosystem, including staking, trading, and fostering transactions. It also allows users to access otherwise inaccessible tools like trading bots and the Intell-M Channel analytic tool to help them improve their market performance.
IntelMarkets is a perpetual contracts exchange where traders and investors can capitalize on speculative trading with considerable leverage. The platform offers up to 1,000x leverage to enhance market participants' potential gains from every trade.
Also, IntelMarkets incorporated a dual-chain system built on Ethereum and Solana so that market players can use whichever best suits their strategies. By adopting a dual-chain structure, IntelMarkets guarantees speed, security, and scalability in terms of cost.
You also get to access intelligent trading bots on the IntelMarkets platform. These AI-powered trading bots can be your personal assistants to make sure your trades are profitable and the risk is low.
Recent analysis has shown that INTL is on the verge of a 50x rally, causing a spike in its adoption. As of now, more than $4.9 million has been invested in the AI coin presale.
INTL recently entered Stage 8 of its public presale, followed by a 14% increase in its price to $0.073. Now, the coin is headed to the $0.110 mark, its final stage and launch price.
Those joining the presale can now secure a 50% profit by the time INTL reaches its listing price. Once launched, INTL will enter a bull rally, with its price rising by 50x. To enjoy this profit potential, click the links below to buy INTL!
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.