BNB Chain Launches New Cross-chain Bridge As SHIB Gets Warning, Intel Market Set To Impact Perpetual Futures Trading
BNB Chain has released a new cross-chain bridge. The aim is to improve blockchain interoperability. Also, Shiba Inu’s marketing lead has asked investors to carry out due diligence before investing in any memecoin or crypto.
Meanwhile, Intel Markets is diving into the perpetual futures market with exciting new features. Analysts say its price will increase by 1,100% in the next few months.
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BNB Chain Launches Cross-Chain Bridge, Binance Coin Fails To Reac
BNB Chain has partnered with Celer, deBridge, and Stargate to introduce a new cross-chain bridge. It will allow cross-chain transfer BNB Chain and other blockchains to help developers and startups build the global web3 universe.
Apart from the bridge, BNB Chain is also coming up with a liquidity pool to help in what it refers to as ‘efficient cross-chain transactions from other chains to BNB Chain.’ Meanwhile, Binance Coin crypto is bearish on the weekly and monthly timeframes.
The price of the cryptocurrency is fluctuating between $400 and $600. The bearish sentiment has pushed Binance Coin BNB below the 50-day SMA at $ 550.35. Still, experts say the cryptocurrency’s value will rise soon. They forecast that Binance Coin price could reach $724 soon.
Shiba Inu (SHIB) Marketing Lead Issues Warning To Community
The marketing lead of the Shiba Inu team, pseudonymously identified as Lucie, has posted a message for the memecoin and crypto community in general. Lucie offered the Shiba Inu community a word of advice and said, “Everybody likes memes and meme coins, but remember to DYOR.”
DYOR means Do Your Own Research. According to her, there is no friend in the crypto space. Everyone has to watch their back. Meanwhile, this warning comes as Shiba Inu coin battles with selling pressure.
According to data from CoinMarketCap, the price of the cryptocurrency has dropped by 17.9% on the monthly level. Still, analysts expect Shiba Inu price to increase in the next few weeks. According to them, the only obstacle in the memecoin’s way is the 50-Day SMA at $0.00001564.
Intel Markets To Make a Mark in the Perpetual Futures Market
Intel Markets (INTL) is a new crypto trading platform that seeks to bridge the gap between crypto traders and the perpetual futures market. Interestingly, the perpetual futures sector is a very big market. The sector had a daily trading volume of $100 billion as of 2022. This signal shows the sector is broad and has high liquidity.
Intel Markets offers perpetual futures traders lots of benefits like 24/7 trading, high liquidity, access to risk management tools, and high leverage of up to 1000x. With the features above, Intel Markets users can enjoy a smooth time trading perpetual futures. In addition, Intel Markets has an AI trading bot that traders can use to monitor the market and get profitable trades.
Also, there are advanced trading tools like advanced charting software and a real-time market data monitor. To enjoy these features and more, investors need to have the INTL coin. It is currently priced at $0.009. Analysts forecast it will increase by 1,100% after listing.
Can Intel Markets Match the Growth of the Shiba Inu Crypto?
While SHIB may have had one of the most impressive growths in the crypto market, analysts expect Intel Markets to perform better. This is because Intel Markets is tapping into a large industry with more potential than memecoins. Analysts believe its features position it as a good project to see immense growth in the coming months.
Discover More About Intel Markets:
- Presale: https://intelmarketspresale.com/
- Telegram: https://t.me/IntelMarketsOfficial
- Twitter: https://x.com/intel_markets
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.