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Shiba Inu gears up for a moonshot as whales stock 10x coin alongside Ethereum.
Shiba Inu (SHIB), the second largest coin by market capitalization, could soon be the next token to skyrocket, according to analysts. Meanwhile, whales are accumulating Ethereum (ETH) and a new AI coin called Intel Markets (INTL). While ETH appears poised for a new ATH, INTL has outperformed many top altcoins in the market, providing investors with up to 700% returns on their investments.
Shiba Inu Poised to Skyrocket 1,700%
A leading analyst called CRYPTO SHERIFF said that Shiba Inu could surpass its previous all-time high price of $0.00008616 in the current bull run. The analyst made this claim in an article X, saying that the surge in Shiba Inu coin prices was inevitable.
CRYPTO SHERIFF predicts that the value of memecoin could reach $0.000085171 in the coming weeks. Another crypto analyst, CryptoELITES, noted that the Shiba Inu token could reach $0.0004729 in the current cycle, which is 1,700% higher than the current price. The prediction comes at a time when the Shiba Inu crypto is trading in a limited price range following its meteoric rise in November 2024.
At the time, the token rose by around 98%, from $0.00001687 to $0.00003343. However, at the time of writing, the token has lost some of these gains. CoinMarketCap shows that the value of the Shiba Inu coin fell by 6.1% on the weekly chart and by 15.1% on the bi-weekly period.
Ethereum trades in a rectangular pattern
Ethereum, the leading altcoin, has been trading in a rectangular channel over the past week after testing and failed to surpass the yearly high of $4,093. Ethereum price could rally towards $4,380 if the price sustains a breakout above this level in the long term.
But if the support level near $3,820 is violated, the Ethereum token price could fall to the support level near $3,550. Currently, CoinMarketCap data indicates that the Ethereum coin price is showing slight gains of 4.6% and 4.3% on the weekly and bi-weekly time frames.
Data from Santiment showed that major Ethereum holders were bullish. They accumulated ETH in anticipation of the first bullish signals. The data shows that there are 104 wallets holding over 100,000 ETH. Such a rise could lead to higher prices in the coming weeks.
Intel Markets Launches AI-Driven Trading Platform
Intel Markets, a new AI platform, is positioned to transform the concept of trading. Unlike traditional platforms, Intel Markets uses AI at its core to give traders an edge over their competitors. Today, traders are looking for a trading partner who not only predicts market movements but also reflects the main trading strategies with high accuracy.
This is where the Intel Markets AI trading bot comes in. AI trading robots self-learn and improve with each trade. Intel Markets also has a dual-chain architecture. Building on Ethereum and Solana, Intel Markets promises fast and secure transactions at low costs.
But that’s not all. Intel Markets offers traders of all levels a suite of revolutionary features, including 1000:1 leverage, high liquidity, and copy trading. Additionally, Intel Markets requires no KYC, meaning users are free to trade anonymously.
The INTL native token has already caused a stir during the pre-sale phase. Its price is currently $0.073273, an increase of over 700% over the past few months. Analysts predict a potential 10x increase in the coming months, making Intel Markets a good crypto to buy.
In summary
Although Intel Markets is still in its early stages, it is undoubtedly the best cryptocurrency to buy right now. Top OGs like Shiba Inu and Ethereum struggled as the coin outperformed them.
To learn more about Intel Markets, visit the presale website, Telegram and Twitter.
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