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Amid the influx of new projects into the crypto market, there is a new giant in the DeFi market, IntelMarkets (INTL). While Shiba Inu is declining and Ethereum is preparing for a short-term increase, IntelMarkets is attracting the attention of experienced traders with its unique AI-based trading platform.
IntelMarkets provides traders with advanced automation, real-time data analysis, and fast transactions. It is currently in the crypto ICO phase and has raised $9.5 million in funding. With a low market cap and the growing interest in AI technology, INTL’s price could rise by 10x soon.
Analyst Bullish On Shiba Inu (SHIB) As Price Rises
The Shiba Inu coin has been on a massive price correction since December 5. So far, the correction has pushed the SHIB price below the $0.000017 level. While the memecoin showed some sign of recovery recently, the bearish pressure surrounding it is still high.
Technical indicators show the SHIB price in bearish territory. The Average Directional Index (14) is in the selling territory, signaling that bears are in control. So, we might see more SHIB price drops in the coming days.
In addition, the Shiba Inu burn rate has declined tremendously. Data from Shibburn shows the number of burned tokens has dipped by 3% in the past seven days. However, positive momentum is brewing on the SHIB price chart.
Presently, CoinMarketCap data shows the SHIB price has increased by 3.6% in the weekly timeframe. GhostMMXM says the SHIB price might pump to $0.000034 soon. Another expert called Crypto SHIB forecasts the SHIB price is ready for a breakout to $0.0000360.
Ethereum (ETH) Short-term Pump Is Coming, Says Analyst
Ted, a crypto enthusiast and investor has posted an optimistic ETH price forecast. He believes the altcoin might see a short-term price surge this week. Ted noted that people are tired of memes and would soon start going for utility coins.
The investor forecasts the ETH price to climb to $3.1-$3.3K. In a former tweet, Ted had posted a long-term ETH price prediction. He highlighted that there was a double-bottom pattern formation on the ETH price chart.
Ted says a breakout could push the ETH price to a target of $7k. Right now, the ETH price has risen by 3.0% in the weekly timeframe. CoinMarketCap data shows the ETH price has been consolidating between $2,588.09 and $2,776.09.
In other news, whales have not slowed down with their Ethereum coin accumulation. A recent tweet from Ashcryptoreal revealed that Fidelity bought $4,300 ETH recently. With the ongoing accumulation, the ETH price is expected to gain momentum in the coming weeks.
IntelMarkets (INTL) Uses AI To Make Crypto Trading Easier
IntelMarkets (INTL) is a project that will revolutionize the trading of cryptocurrency through the use of AI and blockchain. Unlike traditional trading platforms, IntelMarkets uses AI in risk management and monitoring trends.
What makes IntelMarkets special is its Intelli-M™ bots. These bots do not only identify trends, but also evaluate risks, monitor the changes in price, and incorporate stop-loss mechanisms to minimize the trader’s loss. These bots can also adjust to the market conditions.
Meanwhile, IntelMarkets has a dual-chain blockchain system; it can run on Ethereum and Solana. This kind of architecture gives users access to speed, low fees, enhanced flexibility, security, and stability.
The platform’s presale has been successful with over $9.5 million raised in presale funding. Currently trading at $0.082, the INTL token is expected to rise to $1 within the next few weeks. IntelMarkets has set itself on track to be a disruptive force in the area of trading through the integration of AI.
Which DeFi Coin Is The Next 10x Opportunity?
As IntelMarkets continues to grow in popularity, it is evident that AI is the way to go in trading. While other cryptocurrencies struggle with volatility, INTL is demonstrating itself as the best crypto investment for those who want to get huge returns. IntelMarkets could be the next 10x moonshot that investors are looking for.
For more information about IntelMarkets (INTL) visit the links below:
Presale: https://intelmarkets.io/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
