In the past, Chainlink (LINK) and Solana (SOL) have been among the most discussed altcoins in the crypto markets, but recent market changes are challenging their importance. After the FOMC conference, Chainlink dropped 12% to trade around $21, as its daily gains became a drop of 12%. This is one of the fastest-growing altcoins around, with its post-election rise of 65%.
Similarly, SOL price dropped 12% in the daily charts while it dropped 20% in the weekly charts. Other coins have also lost big time, with notable drops in Bitcoin, DOGE and Ethereum. Some investors moved into recovery mode, looking for low-cost, low-drop options. One favorite for such bargain hunters is the IntelMarkets (INTL) ICO.
Source: CoinMarketCap
This is in stage eight of its presale after delivering 700% returns to its early investors. IntelMarkets (INTL), an AI-driven narrative and trading platform, is a disruptive offering and can be a key earning point in the future.
Chainlink (LINK) Loses 25% In Three Days
Chainlink (LINK) was struggling with the $30 price range when the market lost momentum due to huge selling pressure. LINK suffered a substantial collapse last Monday as it dropped almost 15%, falling to an intraday low of $26 before settling at $28. The price volatility continued as buyers and sellers struggled for dominance
By December 19, Chainlink (LINK) dropped to a low of $23 before reviving a little late Thursday night/early morning in Asia, the price moved to the $25 range. However, this could not be sustained, and the price is currently around $21.
The $20 price range will be a significant resistance level, and if this is sustained, Chainlink (LINK) might rebound to stay somewhere between the $21 to $25 price level. However, with the markets remaining volatile, there is a wait-and-see mindset amongst traders without exposure to the altcoin.
Solana (SOL) Price Loses 19%
Solana (SOL) has performed well this year. Its gains on the yearly chart are still 133% as it outperforms many top altcoins, highlighting its fundamental strength. In the recent market drop, SOL price fell over 19% to trade around the $181 range.
SOL price slipped below the $220 support level as growing selling pressure saw the price plummet to $201. SOL has been trading downward since December 8, as its bull run halted after it failed to stay above $235.
Source: CoinMarketCap
Bearish sentiment intensified at the beginning of this week as SOL price rose to an intraday high of $226 before settling at $221. Sellers retained control on Tuesday as SOL price fell to an intraday low of $214 before settling at $227. The drop continued for the next two days as it dropped to $210 levels. SOL is still in the red on late Thursday or early Friday morning, dropping over 14% from $209 to trade at $179 right now.
IntelMarkets (INTL): Reaches $5Mn Landmark In Bear Markets
As the bloodbath in the markets continues, IntelMarkets (INTL) is proving that it has plenty of room for growth. It is labeled as this quarter’s best presale; a token costs just $0.073 in the eighth ICO stage. Since debuting, almost $5 million has been raised in early funding, and the price has soared 700%.
More gains are anticipated as the presale continues and after its listing on Tier-1 exchanges. Industry experts forecast that there might be another 500% jump at its debut, making a strong claim of being this year’s best crypto investment.
Conclusion
With a community of over 3.9 million token holders and a 710% presale increase to date, IntelMarkets (INTL) has shown steady growth. The future looks even better, with a potential 1,000x ROI waiting to be tapped. For those looking to join early, the soon-to-expire INTL20 bonus even offers 20% coins, so holders can start profiting immediately!
Check out the IntelMarkets for more information about the technical platform, or Join the Presale for exclusive benefits.
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
