As Bitcoin soars to a new all-time high of $106k, interest in the broader crypto market is rising. Investors always yearn for the next money-making opportunity that guarantees higher returns. Explosive altcoins such as Shiba Inu (SHIB) have rising utility and show potential for gains. Fantom (FTM) recently surged as the launch of the Sonic mainnet drew in more eyeballs. With this bullish environment comes the possibility for new altcoins to gain significant traction, with one AI-based trading platform offering unprecedented gains.
Could Shiba Inu (SHIB) 3x By The End Of The Year?
Shiba Inu (SHIB) was launched in August 2020 starting as a dog-themed meme coin, heavily inspired by Dogecoin. Early investors became millionaires virtually overnight thanks to this unprecedented 400x growth. SHIB has experienced significant volatility over its time, as a reflection of meme-based crypto’s speculative nature. To help combat this, the dev team has created a full fledged Shiba Inu ecosystem, with the SHIB token at its core.
This crucial pivot has helped the meme coin stay relevant, with Shiba Inu trading at $0.000027 on December 16, 2024, with a market cap of $16.27 billion. After facing a 10% correction over the last week, many have started to speculate on the future outlook for SHIB. Bullish projections claim that a potential 200% increase would result in Shiba Inu getting close to its previous all-time high of $0.000088. One analyst claimed that Shiba Inu’s upcoming features could propel the price of SHIB tokens through the roof.
Prominent Analysts Claim Fantom (FTM) Has A $5 Price Tag In Sight
Fantom (FTM) is a high-performance and scalable Layer-1 blockchain with speed as its core focus. In recent times, Fantom has flourished in the short-term market, as its coin increased 10% in a week and 8% in a day, trading at $1.39 currently. FTM is keeping up the momentum from its stellar 86% increase earlier this month.
Fantom has formed a broadening wedge pattern, which is a very strong uptrend indicator, according to crypto analyst Alex Clay. FTM is in its 3rd bullish leg, suggests Clay, outlining price targets of $5.59, $8.92 and $12.26 as market conditions improve. On similar grounds, analyst Captain Faibik urges the long term holders to wait, while setting FTM price target at $15, firmly backing the views on the token’s future prospects.
Is IntelMarkets (INTL) The Next Altcoin Set For 20,428% Gains?
An emerging altcoin, IntelMarkets (INTL), has already caught the attention of many analysts as it demonstrates enormous potential for profits. Priced initially at $0.07, IntelMarkets is offering its INTL tokens as a ground floor opportunity for investors seeking high rewards. As early backers have already seen 800% increase on the initial price, IntelMarkets is hailed as one of the biggest presales of this year.
With IntelMarkets closing in on the $5 million presale fundraising milestone, INTL tokens are in significant demand, with the 7th stage selling out in record time. Even before the presale, the project is turning heads, raising over $550,000 from Fortune 500 investors. Backed by a team of Open AI and MIT experts, investors have shown an extreme vote of confidence for INTL. With a 20,428% potential projected post-launch, a $1,000 investment could turn into over $200,000, as analysts are drawing parallels between Fantom’s historic 90x and IntelMarkets.
Final Thoughts
Shiba Inu (SHIB) and Fantom (FTM) have not only provided big returns in the past, but are also showing bullish patterns for 200% gains. However, those in IntelMarkets (INTL) will enjoy access to an innovative project with a serious upside before it goes mainstream. Backed by a team of Open AI and MIT alumni, the $5 million presale is the next big thing in crypto.
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