AI token expected to overtake SHIB despite expected move to $0.00005

Shiba Inu whales rush into the WallitIQ ecosystem as analysts speculate the AI token will surpass SHIB amid its ongoing presale.

Recently, there has been much buzz in the crypto industry as bulls have begun to gain the upper hand in the battle for supremacy in the crypto market. Amid this exciting development, crypto analysts have made bullish speculations about the Shiba Inu price, predicting a move past the $0.00005 mark. However, analysts expect an AI token, WallitIQ, to surpass the Shiba Inu price as it gears for a massive surge in its ongoing presale. This article focuses on the WallitIQ ecosystem and analysts’ Shiba Inu price predictions. 

WallitIQ: Reshaping the crypto wallet ecosystem

WallitIQ is an AI-powered crypto wallet that reshapes how crypto community members interact with crypto wallets through machine learning algorithms, decentralization, and artificial intelligence (AI). WallitIQ introduces an AI-powered portfolio management system, which assists users in effectively managing their portfolios through proper asset allocations and diversification. WallitIQ also features state-of-the-art security technology, including intelligent security and advanced encryption tech, ensuring each user’s funds’ security. 

Further, WallitIQ will feature Push Protocol, an interoperable notification system allowing the crypto wallet to offer more than just basic services; instead, it will evolve into a central hub for all user interactions across the DeFi ecosystem. In addition, WallitIQ users will benefit from AI-powered predictive analytics technology on the wallet, allowing AI algorithms to help them stay ahead of the crypto market through investment strategies and market forecasts. The AI-powered wallet will also feature Scan & Pay QR, a user-friendly payment system that allows users to make payments by scanning a QR code instead of manually entering wallet addresses, improving speed and ease.

At the core of WallitIQ is its AI token, WLTQ, which serves as its native token. As the platform’s native token, WLTQ allows users to actively influence decision-making on network governance through voting. The AI token will also be responsible for all the transactions carried out on the crypto wallet, and users who use it as gas fees will be eligible for discounts. Users who also hold the AI token can contribute to the stability and security of the platform by staking some of their tokens on the WallitIQ network.

Due to its key part in the WallitIQ ecosystem, the platform offers its native token, WLTQ, to everyone in the crypto community at a pocket-friendly price of $0.0171 at stage 1 in its ongoing presale event. Users who buy this AI token now will increase their chances of making an automatic profit when the token price increases to $0.0243 in stage 2. 

Shiba Inu price prediction 

Dog-themed meme coin Shiba Inu witnessed a 7,911% spike in its burn rate in the second week of October 2024, with over 281 million SHIB burned in this period. Many in the crypto community anticipate that this surge in burn rate could help Shiba Inu price to reach an all-time high of $0.00008. 

However, a recent analysis of the Shiba Inu price chart indicates that the meme coin has formed a bullish symmetrical triangle pattern, which suggests that bulls are gearing to take charge of the market. Shiba Inu RSI metric also indicates that the Shiba Inu price is forming a bullish move. However, its RSI trendline suggests that Shiba Inu price may have also entered a consolidation phase. 

According to crypto analyst, Ali Martinez, if Shiba Inu can break out of the bullish pattern, then the Shiba Inu price could surge past the resistance level at $0.000038 to reach $0.000052. But a failure to break out in a bullish formation could force the Shiba Inu price to drop lower. According to asset tracker CoinGecko, Shiba Inu price has already fallen past the support level trading at $0.0000175, ranking 15th in the crypto market. 

Conclusion 

While analysts’ careful analysis of the Shiba Inu chart indicates that the Shiba Inu price has fallen to a critical support level, market experts are confident that the AI token WallitIQ will soon surge to the $3 mark, surpassing SHIB. Recently, the AI token was listed on the asset tracking platform Coinmarketcap, and SolidProof has audited the WallitIQ platform smart contract.

To learn more about WallitIQ, visit the WallitIQ presale website and join the WallitIQ community.

This article first appeared at crypto.news