These 3 Crypto Investments Are Drawing Whales’ Attention
Release: 2024/10/17 17:55 Reading: 488
Whales Eye IntelMarkets (INTL), Sui (SUI), and Pepe (PEPE) for Market Gains
In a recent market shift, IntelMarkets, Sui, and Pepe have caught the attention of large token holders known as whales. These coins are poised for an uptrend as the crypto market recovers from bearish pressures, with Bitcoin demonstrating notable gains.
IntelMarkets Attracts Whale Investors
IntelMarkets, a new AI coin, has attracted whale investors during its ongoing presale. Their presale offers an opportunity to acquire INTL tokens at a discounted price compared to future exchange listings.
IntelMarkets is a perpetual contracts exchange powered by AI and blockchain, utilizing a dual-chain architecture combining Ethereum and Solana for flexibility and scalability. Users can trade various asset pairs with leverage up to 1,000x, increasing potential returns.
As an AI-driven platform, IntelMarkets offers automated services that facilitate trading and profit-making without manual intervention. Self-learning AI robots enable traders to execute trades based on copied strategies.
Currently in Stage 3 of its presale, INTL has experienced a price surge. Whale demand is anticipated to drive its price to $0.11, representing a 307% increase.
Sui Foundation Rebuts Insider Selling Allegations
During a recent price rally, the Sui Foundation refuted claims that insiders had sold $400 million worth of SUI tokens. They stated that no premature selling or lock-up agreement violations had occurred.
The Foundation maintained that unlock dates remain unchanged and all holders comply with agreements. However, some skeptics, such as Kyle Samani, have expressed doubts about the Foundation's statement.
SUI has shown gains in the past seven days.
Pepe Poised for a 50% Surge
Pepe, the frog-themed meme coin, has increased by 12% in the past week, preventing a monthly low. Positive market sentiment and favorable technical indicators suggest it could rise up to 50% in the near future.
The Money Flow Index indicates that Pepe is in an overbought position, and the Ichimoku Cloud indicator predicts an upswing. Pepe faces resistance at $0.000011, and a breakthrough could send it towards $0.000015.
Whales Invest for Potential Gains
INTL, SUI, and Pepe have captured the attention of whales due to their potential for growth. INTL dominates the AI sector, SUI leads altcoins, and Pepe reigns supreme among memecoins.
As whales accumulate these coins, their prices are likely to rise significantly. Retail investors seeking to capitalize on whale-induced rallies may consider investing in these coins.
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