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Shiba Inu prepares for a trip to the moon as whales accumulate a 10x coin along with ethereum.
Shiba Inu (SHIB), the second-largest meme coin in terms of market capitalization, could soon be the next meme token to skyrocket, according to analysts. Meanwhile, whales have been accumulating ethereum (eth) and a new ai coin called Intel Markets (INTL). While eth appears poised for a new ATH, INTL has outperformed many of the top altcoins in the market, providing investors with up to 700% returns on their investments.
Shiba Inu about to skyrocket 1,700%
A top analyst named crypto SHERIFF has 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 x publication, arguing that the rise in the price of the Shiba Inu coin was inevitable.
crypto SHERIFF predicts that the value of the memecoin could rise to $0.000085171 in the coming weeks. Another crypto analyst, CryptoELITES, noted that the Shiba Inu token could reach $0.0004729 in the current cycle, up 1700% from the current price. The prediction comes at a time when the Shiba Inu cryptocurrency is moving within a price range after its meteoric rise in November 2024.
At that time, the token rose approximately 98% from $0.00001687 to highs of $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 has fallen by 6.1% on the weekly chart and 15.1% on the bi-weekly chart.
<h2 class="wp-block-heading" id="ethereum–eth-trades-in-rectangular-pattern”>ethereum trading in rectangular pattern
Leading altcoin ethereum has been trading in a rectangular channel for the past week after testing and failing to break and hold above the yearly high of $4,093. ethereum price could rise towards $4,380 if the price maintains a break above this level in the long term.
But if the support level near $3,820 is violated, the ethereum token price may fall towards the support level near $3,550. Currently, data from CoinMarketCap indicates that the ethereum coin price has small gains of 4.6% and 4.3% on the weekly and biweekly timeframes.
Data from Santiment showed that major ethereum holders have been optimistic. They have been accumulating eth in anticipation of the first bullish signals. The data shows that there are 104 wallets with more than 100k eth. Such a buildup could lead to a price rally in the coming weeks.
<h2 class="wp-block-heading" id="intel-markets-intl-unleashes-ai-powered-trading-platform-that-will-dominate-the-market”>Intel Markets launches ai-powered trading platform
Intel Markets, a new artificial intelligence platform, is positioned to transform the concept of commerce. Unlike traditional platforms, Intel Markets uses artificial intelligence at its core to give traders an advantage over their competitors. Nowadays, traders are looking for a trading partner that not only forecasts market movements but also reflects the main trading strategies with great accuracy.
This is where the Intel Markets ai trading robot comes into play. ai trading robots learn on their own and improve with each trade. Intel Markets also has a dual-chain architecture. Standing on the shoulders of ethereum and Solana, Intel Markets promises fast and secure transactions at low costs.
But that's not all. Intel Markets empowers traders of all levels with a set of innovative features, including 1000:1 leverage, high liquidity and copy trading. Additionally, Intel Markets does not require any KYC, meaning users can trade anonymously.
The native INTL token has already created a stir at the pre-sale stage. It is currently priced at $0.073273, up more than 700% in recent months. Analysts are forecasting a potential 10x increase in the coming months, making Intel Markets a good cryptocurrency to buy.
In summary
While it's still early days for Intel Markets, it is undoubtedly the best cryptocurrency to buy right now. Major OGs like Shiba Inu and ethereum have struggled while the coin has outperformed them.
For more information on Intel Markets, visit the pre-sale website, Telegramand <a target="_blank" href="https://x.com/intel_markets” target=”_blank” rel=”nofollow”>twitter.
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