- Toncoin Price Fluctuations Amid Telegram Founder Arrest
- DEX Volume Rises on BNB Smart Chain
- Intel Markets Attracts Investors
The crypto market is down again. Toncoin and Binance Coin prices have declined, while Intel Markets shows significant growth potential.
Toncoin Price Fluctuations Amid Telegram Founder Arrest
The Toncoin community is in disarray following the arrest of Telegram founder Pavel Durov at a French airport. According to CoinMarketCap, Toncoin value dropped by 17% on the weekly chart and 16% on the monthly chart. Its market cap fell to $12 billion from a monthly high of $18 billion. Analysts are optimistic about the future of Toncoin price. Coincodex forecasts that the cryptocurrency value could cross the 50-day SMA ($6.76) if positive sentiment returns to the market. If not, Toncoin value could drop to the $4 region.
DEX Volume Rises on BNB Smart Chain
A recent tweet from Lookonchain reported that the DEX volume on Binance Smart Chain has outperformed Solana for three consecutive days (Aug 21, 22, 23). During this period, BNB Chain handled transactions worth over $922 million, $1.13 billion, and $908 million, respectively. Data from Defillama shows BNB's weekly volume increased by about 40%, whereas Solana's fell by 10%. Meanwhile, Binance Coin BNB is grappling with bearish pressure and might drop below the 50-day SMA ($547.12). Its market cap is fluctuating between $60 billion and $95 billion. Coincodex forecasts that BNB could hit $691.36 in the short term and $691.36 in the long run.
Intel Markets Attracts Investors
While Toncoin and Binance Coin prices are down, Intel Markets foresees a 1,100% surge. According to IMARC Group, the cryptocurrency market size could reach $5.5 trillion by 2032, signaling high potential for projects like Intel Markets. Intel Markets is a cryptocurrency trading platform that allows users to trade multiple assets using an AI-powered algorithm. In addition to this AI technology, Intel Markets offers advanced trading tools that help traders evaluate market movements, execute trades, and identify trends.
While the crypto market is experiencing a downturn, Intel Markets shows significant growth potential thanks to its innovative AI-powered trading platform.
Comments