The meme coin market is experiencing a shake-up as Dogecoin (DOGE) faces a price decline and other tokens like Shiba Inu (SHIB) and IntelMarkets (INTL) surge.
SHIB’s price is on the rise, driven by increased whale activity. This suggests a growing confidence in the meme coin’s potential.
However, the real standout is IntelMarkets. This innovative AI-powered trading platform is gaining traction rapidly, attracting investors seeking alternatives to the volatile meme coin market.
Recent events have not been kind to Dogecoin (DOGE). Investors were concerned as a result of market volatility that drove DOGE’s price up and down. Though Dogecoin (DOGE) bulls rallied and attempted to drive the price higher, it is presently trading at $0.1039, down 1.5% in only 24 hours. There has been a 30% decrease in daily trade volume, which may indicate a change in market interest.
At the moment, Dogecoin (DOGE) is trading below both the 100-hourly simple moving average and the $0.1150 threshold. The $0.1095 mark is the nearest upward resistance. If Dogecoin (DOGE) is unable to go over $0.1095, it may sustain more losses. On the downside, the first notable support is located around $0.1060, and the second is around $0.1050. The main level of support is found at $0.100.
But there is still hope. A big whale just spent over $176 million in only 48 hours to purchase 1.4 billion Dogecoin (DOGE). A “meme season 2.0,” when meme currencies like Dogecoin (DOGE) can see another increase in value, has been suggested by this abrupt buy-in.
Experts even forecast that by 2025, Dogecoin (DOGE) will hit $1. On the other hand, some long-term owners are beginning to search for other options with more potential besides Dogecoin (DOGE).
Holders of Shiba Inu (SHIB) have seen an interesting shift in whale activity, with major netflow increasing by 2,944% in the last day. The abrupt surge in the value of the meme-inspired cryptocurrency Shiba Inu (SHIB) points to a possible price rebound among major holders, indicating a rise in confidence. Not only has the number of token transactions grown significantly, but it has also become positive, suggesting that the whales have changed their attitude to one of optimism and are starting to accumulate Shiba Inu (SHIB). The special inflow figure supports that during the review period, it reached an all-time high of 2.67 trillion SHIB, with outflows trailing marginally at 2.35 trillion SHIB.
The reason behind the surge is definitely price hikes for the popular meme coins. Alternatively, its profits are rising. The price of Shiba Inu (SHIB) has increased by almost 40% and peaked at $0.0000217, reversing a six-month slump.
IntelMarkets (INTL), a new and upcoming cryptocurrency, is substantially undervalued right now, and investors are running to fill their bags with it.
It is currently in its third round of the presale, those who missed the first and second rounds may still purchase it for $0.02. Industry analysts predict tremendous growth of up to 1100x after its launch since it is significantly discounted right now.
Given its AI integration into cryptocurrency trading and blockchain world, it is on an upward trajectory only since the AI industry is going to get stronger and stronger ahead. Savvy investors are aware of this, which is why the presale surpassed $910,000 earlier this week.
This new DeFi project is one to look out for since it is expected to become the first AI-powered smart trading platform to incorporate AI at all levels offering top-notch features like dual-chain model, multisystem analysis, up to 1000x leverage, autopilot trading bots, and much more.
Its AI robots that can learn on their own as well as on the traders’ trading patterns will revolutionize the world of cryptocurrency trading. Furthermore, Its dual-chain model, which supports and runs on both Solana and Ethereum blockchains, further sets it apart from the rest of the crowd.
Discover More About Intel Markets:
Presale: https://intelmarketspresale.com/
Buy Presale: https://buy.intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses.
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