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Shiba Inu gears up for a significant surge as large investors amass a 10x coin alongside Ethereum.
Shiba Inu (SHIB), currently the second largest meme coin by market capitalization, is anticipated to be the next token to soar, according to market analysts. In parallel, large investors have been adding Ethereum (ETH) and a new AI token named Intel Markets (INTL) to their portfolios. With ETH poised for a new all-time high, INTL has significantly outperformed many major altcoins, offering investors returns as high as 700% on their investments.
Shiba Inu set for a potential 1,700% increase
Shiba Inu might surpass its previous all-time high of $0.00008616 during the current bull market. This claim was made in a post on X, where the analyst asserted that the price rise of Shiba Inu was unavoidable.
CRYPTO SHERIFF estimates that the value of the memecoin could rise to $0.000085171 within the next few weeks. Another analyst, CryptoELITES, has indicated that the Shiba Inu token might hit $0.0004729 in the current cycle, representing a remarkable 1700% increase from its present price. This forecast comes as Shiba Inu’s price exhibits a range-bound movement following its explosive growth in November 2024.
During that period, the token surged approximately 98% from $0.00001687 to a peak of $0.00003343. However, as of now, the token has retraced some of its gains. According to CoinMarketCap, Shiba Inu’s value has decreased by 6.1% on the weekly chart and 15.1% over the past two weeks.
Ethereum remains in a rectangular trading pattern
Ethereum, the foremost altcoin, has been fluctuating within a rectangular channel over the past week after it attempted and failed to maintain a position above the yearly high of $4,093. If the price manages to breach above this level sustainably, it could rally towards $4,380.
Conversely, should the support level around $3,820 be breached, Ethereum’s price might descend towards the support area near $3,550. Currently, CoinMarketCap data shows small increases of 4.6% and 4.3% on the weekly and biweekly charts respectively for Ethereum.
Data from Santiment indicates that the leading holders of Ethereum are bullish, having been accumulating ETH in anticipation of early positive signals. The statistics reveal that there are 104 wallets containing over 100,000 ETH. This accumulation could trigger a price rally in the forthcoming weeks.
Intel Markets introduces an AI-driven trading platform
Intel Markets, an innovative AI-driven platform, aims to revolutionize trading concepts. Unlike conventional platforms, Intel Markets integrates AI at its core, equipping traders with a distinct edge over rivals. Today’s traders seek partnerships that not only predict market trends but also emulate top trading strategies with exceptional accuracy.
This is where the Intel Markets AI trading bot comes into play. These AI bots are self-improving and enhance their performance with each trade. Intel Markets boasts a dual-chain architecture, leveraging the strengths of both Ethereum and Solana, ensuring fast, secure transactions at minimal costs.
Moreover, Intel Markets equips traders of all experience levels with groundbreaking features, including 1,000:1 leverage, substantial liquidity, and copy trading capabilities. Additionally, the platform does not mandate KYC, allowing users to trade with anonymity.
The native INTL token has already made waves during its presale phase, currently priced at $0.073273—an increase exceeding 700% in recent months. Analysts predict a potential 10x surge in the coming months, positioning Intel Markets as a compelling crypto investment opportunity.
In conclusion
Although it is still in its early stages, Intel Markets is undoubtedly emerging as an excellent cryptocurrency investment at this time. While established players like Shiba Inu and Ethereum have faced challenges, INTL has showcased superior performance.
For more detailed information about Intel Markets, visit the presale page, Telegram, and Twitter.
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