Crypto giants like Shiba Inu (SHIB) and Chainlink (LINK) have faced a tough market, with whales losing over $3.3 million in recent sell-offs. This setback has sparked fresh concerns about the stability of these popular tokens as investors look for more resilient options.
With this shake-up, the focus is shifting to projects backed by advanced technology. IntelMarkets (INTL), an AI-powered trading platform, is gaining traction as it offers stability and growth potential, capturing the interest of investors seeking a steady alternative.
Shiba Inu (SHIB) Whales Suffer Heavy Losses in the Latest Market Dump
Shiba Inu (SHIB) recently fell around 6%, dropping its market cap down to about $10 billion. Large SHIB holders or whales have been unloading big portions leading to losses that hit around $3.3 million.
This situation is raising doubts about whether Shiba Inu (SHIB) can stand up to the market’s twists and turns. But the team behind Shiba Inu is not backing down. They are committed to turning SHIB into more than just a meme coin by giving it uses that could help it stick around.
Shiba Inu (SHIB) has been working on expanding its reach. ShibaSwap, a decentralized exchange, gives SHIB holders a place to trade, earn rewards and add to liquidity pools. With features like these, Shiba Inu is aiming to shift from a coin for speculation to one with real world applications hoping to build a more stable spot in the crypto world.
Chainlink (LINK) Faces Similar Challenges as Whales Offload Holdings
Chainlink (LINK) is facing similar challenges. Its price has also dropped around 6%, now hovering around $11.35, with a market cap just shy of $7.1 billion. Big LINK holders have been offloading and adding more weight to the token and raising questions about its staying power.
Even with this price dip, Chainlink (LINK) continues to push forward as a key provider of data to blockchain projects. Recently, TRON selected Chainlink (LINK) Data Feeds as its main source for crucial DeFi projects, backing up Chainlink (LINK) rep for reliable data.
According to DeFi Llama, Chainlink (LINK) holds the top spot in the oracle space, securing over $26 billion in value. Through its Scale program, Chainlink (LINK) is working on expanding even further aiming to support new blockchain projects. So far, Chainlink (LINK) has helped with over $16 trillion in transactions proving its role across various chains.
IntelMarkets (INTL) Rises Above with a 200% Rally Despite the Market Slump
While SHIB and LINK face challenges, IntelMarkets (INTL) is on the rise with a remarkable 200% increase. Like other tokens impacted by sell-offs, IntelMarkets is backed by strong AI technology and a dual-chain system, making it appealing to investors who value stability.
This platform caters to those seeking a solid investment in a volatile market. With high leverage trading up to 1000x and real-time data analysis, IntelMarkets remains competitive and adaptable. A standout feature of IntelMarkets is its Copy Trading option which allows investors to copy the trades of the platform’s expert in-house trading team with a history of delivering returns of 5x-15x.
To date, over 9.1 million INTL tokens have been sold at $0.03, with the price set to rise to $0.04, evidence of strong demand. The project has raised $1.6 million, demonstrating solid investor support.
For anyone frustrated by the volatility of SHIB and LINK, IntelMarkets (INTL) is a smart choice. Positioned for consistent growth, this token provides a reliable alternative in an uncertain environment. With its strong foundation, clear goals, and innovative features, IntelMarkets is an excellent opportunity for investors looking to make informed and profitable decisions.
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com/
Buy Presale: https://buy.intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
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