After months of sideways movement, the crypto industry has finally entered the euphoria phase of the cycle. Bitcoin continues to slice through resistance, and altcoins are pumping as well. There seems to be a return in the memecoin niche as well, with Shiba Inu and BONK pumping massively.
With exciting opportunities all across the market, traders are eyeing the next life-changing opportunities that can convert minor investments into life-changing amounts.
IntelMarkets (INTL) Surges to Top of Altcoin Demand With AI Features
INTL holders are continuing to pump the IntelMarkets platforms to new heights as the platform is showcasing an exciting implementation of AI features on blockchain technology. The platform allows investors to trade crypto assets like Bitcoin, Ethereum, and over 100,000 other altcoins with a distinct advantage.
The INTL tokens allow traders to become an early part of the IntelMarkets (INTL) movement by becoming partnerships. The tokens are a way to benefit from decreased trading fees and profit shares from the upcoming platform.
Contrary to traditional crypto exchanges, IntelMarkets (INTL) is allowing retail traders to compete with enterprise investors. The platform enables that by integrating trading robots and multi-channel analysis that observes technical metrics and market conditions to generate trading signals. The native INTL token also gives users governance rights in the exchange’s upcoming decentralized management structure.
IntelMarkets is a secure trading platform with a smart contract audited by leading firm SolidProof. This audit ensures traders that the platform has extensive security protocols in place to protect user data and capital. IntelMarkets (INTL) is preparing for an extensive launch at a price of $0.11, which is over 800% higher than its current price of $0.018 in the presale stage. So, this is the best time to become an early stakeholder in the product and enjoy massive returns once the project is launched on leading exchanges.
Shiba Inu (SHIB) Burn Rate Increases Over 5900% to Trigger Rally
Shiba Inu (SHIB) is among the many crypto assets that are enjoying greenery in the crypto market. Its price saw a 5% uptick throughout the 24-hour period. The memecoin looks to be on a slow but steady exit out of its price rut. It can enjoy the breakout of its rival, Dogecoin. Shiba Inu rose from a low of $0.000013 to a high of nearly $0.000014. As of the time of writing, Shiba Inu was trading at $0.00001393.
Shiba Inu is considered to be a leading contender for the memecoin throne. The dog-inspired project has turned from a fun project to a leading force in the blockchain world. In the current market, Shiba Inu (SHIB) has become a popular choice for traders, resulting in a massive 25% rally on the intra-day charts. Another correlating factor showing major demand for SHIB is the 239% increase in daily volume. The increasing burn rate of SHIB is the key trigger behind this rally, showcasing a thinning supply on exchanges.
Bulls seem to be completely in control of Shiba Inu (SHIB’s current price development but experts recommend caution as the RSI shows major overbought conditions on the technical charts.
Return of BONK? 20% Rally Triggered By Demand
BONK has truly confirmed the returns of the memecoin trend as the viral Solana memecoin has jumped up to 18.8% on the 24-hour charts. BONK volume is hitting March 2024 levels with a daily increase of 80%, showcasing an exponential rally in the making.
Experts think that the trend showcases the peak of the local rally, and traders are recommended to exercise caution with memecoins to prevent loss of capital due to fear of missing out (FOMO.
Conclusion
While leading memecoins Shiba Inu (SHIB) and BONK have given impressive gains, it is important to be careful about the market. These projects are driven primarily by hype, and it is better to identify projects like IntelMarkets (INTL) that are surging based on their fundamental applications. Especially given the low entry price and high upside potential, the project could make a life-changing difference even with a minor investment.
Discover More About Intel Markets:
Presale: https://intelmarketspresale.com/
Buy Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
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