Toncoin and BNB Prices Dip as Intel Crypto Raises $150k

The Crypto Market Takes a Hit Amid Recent Developments

The crypto market is down again after experiencing a brief recovery last week. Notably, the price of Toncoin has dropped following the arrest of Telegram’s founder. Additionally, Binance Coin’s price has also seen a decline, even though DEX volume on the Binance Smart Chain has increased for three consecutive days.

Toncoin (TON) Price Fluctuates After Telegram Founder’s Arrest

The Toncoin (TON) community is currently in disarray following the arrest of Telegram’s founder, Pavel Durov, at a French airport. The fluctuations in Toncoin’s price are linked to its association with the Telegram messaging application.

According to data from CoinMarketCap, the value of Toncoin has entered the red zone, showing a 17% decrease on the weekly chart and a 16% drop on the monthly chart. Its market cap has plunged from a monthly high of $18 billion to as low as $12 billion.

Despite this downturn, analysts remain optimistic about Toncoin’s future. Coincodex predicts that if market sentiment turns positive, the cryptocurrency’s value could surpass the 50-day SMA ($6.76). However, if this optimism doesn’t materialize, Toncoin’s price might fall to the $4 region.

BNB Smart Chain’s DEX Volume Soars, Outshines Solana

According to a recent tweet from Lookonchain, the DEX volume on the Binance Smart Chain has outperformed that of Solana for three consecutive days (August 21, 22, and 23). During this period, the BNB Chain handled transactions worth:

• $922 million on August 21
• $1.13 billion on August 22
• $908 million on August 23

Moreover, data from Defillama shows that BNB’s weekly volume has surged by approximately 40%, while Solana’s volume has decreased by 10%. Despite this impressive DEX volume, Binance Coin (BNB) is struggling with bearish pressure and may drop below the 50-day SMA ($547.12).

Although Binance Coin has lost its gains on the monthly chart, its market cap continues to fluctuate between $60 billion and $95 billion. Coincodex remains optimistic about Binance Coin’s future, forecasting that its value could rise to $691.36 in the short term and maintain that level in the long term.

Intel Markets (INTL) Attracts Investors with Significant Growth Potential

While Toncoin and Binance Coin prices are declining, Intel Markets is poised for a 1,100% surge in the coming months. The token has become highly sought after, even though its presale began less than a month ago. Experts believe that Intel Markets’ current price of $0.009 represents a strong buying opportunity due to its potential and connection to the global cryptocurrency market.

According to IMARC Group, the global cryptocurrency market could grow to $5.5 trillion by 2032, highlighting the high potential for projects like Intel Markets. This platform is designed to allow users to trade multiple assets using an AI-powered algorithm. The algorithm, which has already benefited over 1,200 traders, is a tested tool in the market.

In addition to its AI technology, Intel Markets offers advanced trading tools that help investors evaluate market movements, execute trades, and identify trends.

Why Intel Markets’ Growth Potential Surpasses Binance Coin and Toncoin

Intel Markets has a promising future due to its innovative AI-powered trading platform, which is set to revolutionize crypto trading. Analysts predict that its price will increase by 1,100% in the coming months, making it a highly attractive investment compared to Binance Coin and Toncoin.