The crypto market trades sideways, with assets in consolidation and sentiment largely cautious. However, a slight bounce unfolds, with Solana (SOL) targeting a breakout above the $200 resistance. Retesting this level might push it into price discovery, making it one of the altcoins to watch.
Meanwhile, IntelMarkets (INTL), a novel AI crypto, is ridiculously undervalued at $0.073. At the crossroads between AI and DeFi, it has plenty of room to run, becoming a favorite ahead of the underwhelming Shiba Inu (SHIB).
IntelMarkets (INTL) is in the spotlight for its bullish AI narrative and impending transformation of the $36 billion global crypto trading market. Hailed by experts as groundbreaking, it will integrate artificial intelligence into DeFi trading, building the world’s first true AI-powered trading platform.
Unlike conventional exchanges, its trading ecosystem will be completely AI-driven. At its heart will be an AI-based blockchain and self-learning trading robots. These bots will be trained on over 100,000 data points, standing out from existing protocols. Equally important, the platform will be compatible with the Solana and Ethereum blockchains, meeting all trading needs.
At $0.073 in the eighth stage of the ICO, it is massively undervalued, driving huge interest—over $5.6 million has been raised in early funding. Already up over 700% since debuting on the presale block, a 6,500% upswing is projected after Tier-1 exchange listings, making it an investor favorite over large caps like Solana (SOL) and Shiba Inu (SHIB).
Solana (SOL), a top altcoin, is popular for its rapidly expanding ecosystem and DeFi solutions. After the days-long consolidation below $200, a breakout seems close. It retails around $190, with its next big jump poised to push it above this resistance.
The MACD Level (12, 26) and the Solana price trading above the 200-EMA ($176) and 200-SMA ($169) hints at a comeback. At the same time, experts are optimistic about a complete bullish reversal, positioning it among the best altcoins to invest in.
CW8900, a crypto analyst on X (formerly Twitter), suggests an imminent breakout above the all-time high, targeting a rally toward $330. This follows MartiniGuyYT’s forecasts: a rally past $1,000 this year. However, for more than just a 5x ROI, IntelMarkets (INTL) might be the best crypto to invest in given its huge growth prospects.
Shiba Inu (SHIB): Is a Bounce Close?
Shiba Inu (SHIB), leading the memecoin movement on the Ethereum blockchain, is among the top crypto coins. Its memetic appeal and leading status make it a favorite among retailers and institutional investors, although its recent performance has been underwhelming.
The Shiba Inu price hovers around $0.00002—a 10% decline on the weekly chart. Rising selling pressure and declining interest in memes, not forgetting wider bearish conditions, can be linked to its poor performance. However, key indicators like the 9-HMA and 200-EMA hint at a bounce.
Further, PugaRip, a top analyst, sees Shiba Inu (SHIB) hitting $0.0003 this cycle, suggesting short-term price fluctuations should be overlooked. Nevertheless, for life-changing gains, savvy investors have been betting more on IntelMarkets, a new AI coin with plenty of room to run.
IntelMarkets (INTL): A Better Crypto Pick Than Solana (SOL) and Shiba Inu (SHIB)?
As one of 2024’s best presales, IntelMarkets (INTL) is poised for an explosive debut this year. Set for a projected 6,500% jump after listing, it will outperform top crypto coins, including Solana (SOL) and Shiba Inu (SHIB).
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