Cryptocurrency

Market Volatility Peaks as Toncoin and PEPE Prices Sharply Decline; This New Presale Sensation Aims High

IndustryTrends

The crypto market is undergoing a period of massive volatility as investors struggle to read the direction of the market. In the past week, the market has flipped from bearish to bullish and then back to bearish. As a result, traders from projects like Toncoin (TON) and PEPE have turned their attention to safer options.

In this unpredictable market, the viral project IntelMarkets (INTL) has attracted attention for its solid standing in the current market. Read on to learn about what the future holds for Toncoin (TON) and PEPE and why this new platform could be a game-changer for traders.

Toncoin (TON) Fails to Find Support as Pullback Continues

Telegram’s native token, Toncoin (TON), is in freefall as the project has fallen by another 1.47% in the past 24 hours. This bearish move is a continuation of the selling trend that started with the arrest of platform co-founder Pavel Durov.

Toncoin (TON)’s community has expressed concerns over the future viability of the project because the arrest has exerted such a significant toll on TON. Experts think that the future could hold even more challenges for The Open Network (TON) as prosecutors leveled allegations of fraud and unlawful cryptology services against the founder.

The developments have attracted massive attention from tech leaders, including X owner Elon Musk and Tron founder Justin Sun. The global online community has labeled actions against Toncoin (TON) as an effort to subvert global freedom of expression. 

PEPE Fails to Resist Against Sinking Memecoin Trend

While memecoins were the hottest trend of early 2024, the hype seems to have died down. Leading projects like Dogecoin and Shiba Inu are suffering heavy losses, and PEPE investors are no different. The meme-inspired project is currently reeling from a significant pullback and is currently down over 7% on the 24-hour charts.

However, PEPE investors are optimistic that a bullish announcement by the United States FED could have a positive effect on the memecoin. Such a decision could reverse the bearish trend for the project and could result in a surge that retargets the $0.062 range.

However, until then, traders are diversifying their portfolios and mitigating risk by adding this viral dual-chain token.

IntelMarkets (INTL) Defies Bearish Pressure With Bullish Momentum

While the broader crypto market is reeling from bearish sentiment and widespread selling, AI-trading platform IntelMarkets (INTL) has shocked crypto experts with its impressive performance. The dual-chain platform has been gaining massive attention since its recent launch and team background, which features professionals from OpenAI, Google, and Renaissance Technologies.

IntelMarkets (INTL) allows retail traders to have an even ground against enterprise traders by providing them with a suite of advanced analysis features. The Intell-Array multi-channel analysis processes over 100,000 data points and generates “buy” and “sell” signals for traders.

On the back of this impressive momentum, the platform has raised over $160,000 with over 1,500 Signups. Investors are rushing to become early investors in the viral pre-sale at the attractive price point of $0.009 before the price jumps up 200% to $0.018 in the next round. Additionally, early investors will be able to access trading fee discounts and profit shares from the exchange.

These attractive features and lucrative price points make this the perfect time to hedge your bets in the bearish market and become part of a project that could go up 1,200% in the coming months.

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