Toncoin (TON) has seen a dramatic price drop of over 40% since its all-time high of $8.20 in mid-June. This decline led to nearly 80% of TON holders facing losses.
Meanwhile, Tron (TRX) holds a crucial support level at $0.15 and remains in an uptrend, while IntelMarkets (INTL) offers a high-growth opportunity for investors with AI-powered trading tools and a projected 1,500% return. Let’s explore more!
Toncoin Drops Over 40% After Hitting an All-Time High
Toncoin reached an all-time high of $8.20 on June 15, 2024. Since then, it has dropped over 40% and is currently trading at around $4.70.
The decline followed the arrest of Telegram founder Pavel Durov, who was linked to allegations of illicit activity through the app.
As a result, nearly 80% of TON holders are now facing paper losses. Analysts suggest the correction in TON’s price may continue, as on-chain metrics indicate a decline in large transactions over $100,000.
In addition, experts warn that if TON doesn’t reclaim its $4.70 support level, its price could drop further, possibly to $2.60. Large transactions, a key momentum indicator, have also decreased slightly, signaling potential continued weakness.
Tron Holds Key Support at $0.15: What’s Next?
Tron has seen a price decline of 3% in the past week and is trading around $0.15 currently. Despite the downturn, data shows that 55% of top traders hold long positions, signaling the potential for an upward move.
TRX is trading above the 200 EM, indicating that the token remains in an uptrend, although it is currently retesting a key breakout level. The $0.15 support level is crucial for TRX, and a price reversal could occur from this point. However, if TRX fails to hold this level, it may face significant sell-offs.
Major liquidation levels are set at $0.14 on the lower side and $0.15 on the upper side, with long and short positions at risk depending on the market’s direction. In addition, over 90% of TRX holders remain profitable, according to data from IntoTheBlock.
IntelMarkets is the Future of Crypto Trading
IntelMarkets is setting the stage for explosive growth with its Ethereum and Solana-based platform. It empowers retail traders with innovative tools like AI-powered trading bots, multichannel analysis, etc.
Experts have noted that INTL also offers access to exclusive, high-potential trades previously reserved for institutional investors. By leveraging these advanced features, IntelMarkets gives you the edge to maximize returns.
The platform’s dual-chain infrastructure—built on Ethereum and Solana—delivers speed and security, while quantum-proof protocols provide added peace of mind for traders. Moreover, IntelMarkets specializes in perpetual futures contracts.
Interestingly, unlike traditional futures, perpetual contracts on IntelMarkets have no expiration date, allowing traders to hold positions indefinitely. This offers greater flexibility and enables traders to adapt their strategies to changing market conditions.
Unlock 1,500% Gains with This Ethereum Token
Currently, INTL tokens are available in presale at $0.009. The presale will have 12 stages, and by the end of the presale, INTL is expected to offer 1500% gains. With up to 50x leverage features and tier-based rewards, IntelMarkets helps you grow your portfolio and offers incentives to early adopters.
Furthermore, IntelMarkets has undergone a thorough, smart contract audit, ensuring that investing in its ecosystem is safe and secure. With as little as $1000, you could stand to gain a minimum of $15,000 once INTL tokens hit the market. Secure your tokens today and ride the wave of massive gains!
Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses.
