Solana Trader Who Turned $800 to $7.5 Million with Moo Deng Picks New Gem for Even Bigger Returns 

/IntelMarkets/ – Moo Deng became one of the memecoin sensations in 2024, skyrocketing by more than 1,300% in a few weeks. A top Solana (SOL) trader who made over $7.5 million from his early $800 investment in the memecoin.

While Moo Deng has plunged, this iconic whale has moved to a more sustainable project, IntelMarkets. His bet on this new DeFi project has been forecasted to yield bigger returns because of IntelMarkets’ trading platform that combines next-gen AI infrastructure to transform crypto trading.

Solana (SOL) Forms Bullish Reversal, Targets $200

While Solana (SOL) joined the recent crypto market rally a bit late, it may well become one of the best performers in the next few weeks. The altcoin has formed a bullish pattern in the weekly chart and backed by an excellent bullish breakout at $150.

The Solana coin has been on an upward trajectory, rallying by more than 10% in the weekly timeframe. The Solana price is currently trading above the 100-SMA ($147.65) and 200-SMA ($154.57), hinting that its price increase could continue.

Based on the current trajectory, the Solana crypto looks on track to rally above $200 in the fourth quarter. A recent report from VanEck Research suggests that Solana (SOL) could skyrocket to $330 and be valued as high as 50% of Ethereum’s market cap.

SOL Trader Makes $7.5 Million from Moo Deng (MOODENG)

One of the memecoins who has been making rounds in the last few weeks is Moo Deng (MOODENG). The memecoin was created after Moo Deng, a viral two-month-old pygmy hippo based in Thailand. Because of the small size and playful videos of Moo Deng, the meme coin quickly gathered a massive following.

The viral hippo caused the price of the coin to skyrocket by more than 1,300% in a few weeks, becoming the most valuable project on Pump.fun. In a two-week stretch, an iconic Solana whale with the address ending in Kuk49 made over $7.5 million from his $800 Moo Deng coin investment.

Despite the recent price pump, the Moo Deng crypto has managed to hold its market cap above $200 million, according to CoinGecko. However, from an all-time high of $0.3387, the Moo Deng price has dropped to a low of $0.2236, leading to investors jumping ship.

SOL Whales Turn to IntelMarkets (INTL) for Bigger Returns

Although many early investors have made money from Moo Deng, there has been a wave of excitement building over IntelMarkets (INTL) because of its long-term potential. A large number of investors have been moving their funds to Intel Markets, contributing over $730k. The reason for growing Interest in IntelMarkets is due to the fact that this particular DeFi project could transform the $36.5 billion crypto trading platform market.

IntelMarkets is going to be the intersection between AI and the DeFi market. The project is built with the next-gen Rodeum AI language. As a result, IntelMarkets offers self-learning trading bots. These bots are capable of learning from your trade patterns to help you manage your risks and hit your profit goals.

In addition, there is also the Intell-M™ Multichannel Analysis tool that will integrate trading robots trained on over 100,000 data points. These bots have a very high profitability ratio as they can identify market opportunities and help traders automatically take positions from real-time data while also self-learning from their mistakes.

In addition, there is also a copy trading feature on the IntelMarkets platform, allowing new traders to copy trades from only the best in the market. Because of these features, experts are optimistic that IntelMarkets can outshine all current CEX and become the go-to-trading platform.

Why the SOL Trader Is Leaving Moo Deng for IntelMarkets

Even though Moo Deng has logged its highest increase in the last few weeks, the future that IntelMarkets has ahead of it has attracted the legendary SOL trader. Experts believe INTL, the in-built token of IntelMarkets, can increase its value up to 10x before the end of 2024 which will yield more profits to investors than MOODENG and SOL tokens.

Discover More about IntelMarkets: Presale, Telegram, Twitter.

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