Shibarium fees rise as top whale sells 10,000 ETH

An ethereum ICO participant sent 10,000 eth to Kraken after two years. Shibarium fees increased by 2,024% while IntelMarkets raises $450,000.

According to the latest news, an ethereum ICO participant has just sent 10,000 eth to the Kraken exchange. This transfer comes after the participant was inactive for more than two years.

In other news, Shibarium transaction fees increased by 2,024% in the past day due to an increased number of transactions. Meanwhile, IntelMarkets is the top-performing presale, with over $450,000 in funds raised as investors pile in.

<h2 class="wp-block-heading" id="ethereum-wallets-come-alive-after-two-years”>ethereum wallets come to life after two years

According to available data, Etherscanone of the largest ethereum wallets, went online after two years of inactivity. The wallet went live and sent 10,000 eth to the cryptocurrency exchange Kraken. The whale exchanged ethereum worth $24.37 million at an average of $2,437.

With the sales, the wallet currently holds 9,298 eth ($22.63 million). In other news, the ethereum price continues to trade within a narrow price range of $2,200-$2,800, according to ethereum/” target=”_blank” rel=”nofollow”>CoinMarketCapThis comes after a major selling activity by the ethereum Foundation and ethereum co-founder Vitaliy Buterin.

The sell-off has pushed the value of the ethereum cryptocurrency below the 50-day SMA at $2,584.80. Fortunately, the ethereum token price is gaining momentum and could soon break above the 50-day simple moving average (SMA). If this happens, the altcoin price could reach $2,800 in the coming weeks.

Shiba Inu Shibarium Metrics Soar

Transaction fees on Shibarium, the layer 2 blockchain for the Shiba Inu ecosystem, have skyrocketed over the past day. Data from Shibarium Scan shows that the total amount of BONE used in gas fees increased from 15.67 to 317 tokens, a massive increase of 2,024%.

This increase comes as the total number of transactions also increased by 70% in one day, from 4,537 to 7,715. Shibarium’s network of active accounts also expanded by 157.14%, from 42 to 108.

While this shows that the Shiba Inu coin is seeing increased interest from investors, it has also raised concerns about the high fees associated with Shibarium. Meanwhile, the price of Shiba Inu has been increasing over the months and weekly time frames.

The memecoin market cap is consolidating between $7 billion and $9.5 billion. Analysts say the value of the Shiba Inu cryptocurrency could surpass $1 billion. 200-day SMA ($0.00001885) now that it has crossed the 50-day simple moving average (SMA) ($0.00001394).

IntelMarkets pre-sale numbers surge as more investors rush to participate

Analysts have named IntelMarkets (INTL) as the best ICO of this year, given its performance so far. It has entered the second stage in less than two months and has raised over $450,000 in funding. The growing interest is due to an upcoming ai-powered cryptocurrency trading platform that the project is working on.

IntelMarkets is building a trading platform where investors can use algorithmic data and an ai-powered bot to trade efficiently. What sets this ai bot apart from other similar cryptocurrency trading marketplaces valued at $36.5 billion is that it learns on its own and can be trained to use specific trading strategies.

Traders can define a particular trading pattern for the bot, meaning it will follow specific trading patterns or use specific strategies to trade. Other platform features include leverage up to 1000:1, copy trading, high liquidity, and access to risk management tools.

Furthermore, Intel Markets is one of the most reliable trading platforms in the industry. The team was able to conduct around 100,000 penetration tests, which failed to penetrate its quantum-proof security protocols. Additionally, Cyberscope has evaluated the platform’s smart contract to ensure investor safety.

<h2 class="wp-block-heading" id="shiba-inu-and-ethereum-investors-bullish-on-intel-markets”>Shiba Inu and ethereum investors are bullish on IntelMarkets

While IntelMarkets is a new DeFi project, Shiba Inu and ethereum investors are among those who have doubled down on the project, investing massively in the pre-sale. This has helped IntelMarkets sell out the first stage of the pre-sale and record massive growth in the second stage. Market experts expect a 75% surge for INTL in the coming weeks.

For more information about Intel Markets, please visit the website, Telegram and x.com/intel_markets” target=”_blank” rel=”nofollow”>twitter.