SHIB moon-bound, as whales accumulate 10x coin alongside ETH, new ATH imminent

Shiba Inu prepares for a moonshot as whales stockpile a 10x coin alongside Ethereum.

Shiba Inu (SHIB), the second largest meme coin in terms of market cap, may soon be the next meme token to skyrocket, according to analysts. Meanwhile, whales have been accumulating Ethereum (ETH) and a new AI coin called Intel Markets (INTL). While ETH looks set for a new ATH, INTL has outperformed many top altcoins in the market, giving investors up to 700% returns on their investments.

Shiba Inu poised to skyrocket by 1,700%

A top analyst called CRYPTO SHERIFF has said that Shiba Inu could break its previous all-time high price of $0.00008616 in the current bull run. The analyst made this assertion in an X post, arguing that the Shiba Inu coin price surge was inevitable.

CRYPTO SHERIFF predicts the value of the memecoin could pump to $0.000085171 in the coming weeks. Another crypto analyst, CryptoELITES, noted the Shiba Inu token could reach $0.0004729 in the current cycle, 1700% up from the current price. The prediction comes at a time when the Shiba Inu crypto is moving in a range-bound price after its meteoric rise in November 2024.

At the time, the token rose by about 98% from $0.00001687 to highs of $0.00003343. At the time of writing, however, the token has lost some of these gains. CoinMarketCap shows the value of the Shiba Inu coin has dropped by 6.1% on the weekly chart and 15.1% on the biweekly timeframe.

Ethereum trades in rectangular pattern

Ethereum, the leading altcoin has been trading in a rectangle channel over the last week after testing and failing to break and hold above the yearly high at $4,093. The Ethereum price could rally toward $4,380 if the price maintains a breakout above this level in the long term.

But if the support level near $3,820 is violated, the price of the Ethereum token may drop toward the support level near $3,550. Presently, CoinMarketCap data indicates the Ethereum coin price has small gains of 4.6% and 4.3% on the weekly and biweekly timeframes.

Data from Santiment showed Ethereum’s top holders have been bullish. These ones have been accumulating ETH anticipating early bullish signals. The data shows that there are 104 wallets holding more than 100k ETH. Such a build up could form a price rally in the coming weeks.

Intel Markets unleashes AI-powered trading platform

Intel Markets, a new AI platform, is positioned to transform the concept of trading. Unlike traditional platforms, Intel Markets uses AI at its core to give traders an advantage over their competitors. Today, traders are searching for a trading partner that not only forecasts market movement but also mirrors top trading strategies with great accuracy.

This is where Intel Markets AI trading bot comes in. The AI trading bots are self-learning and get better with every trade. Intel Markets also has a dual-chain architecture. Standing on the shoulders of Ethereum and Solana, Intel Markets promises fast and secure transactions at a low cost.

But that is not all. Intel Markets empowers traders of all levels with a suite of game-changing features, including 1,000:1 leverage, high liquidity, and copy trading. Furthermore, Intel Markets does not require any KYC, which means that users are free to trade anonymously.

The native INTL token has already created a stir in the presale stage. It is currently priced at $0.073273, an increase of over 700% in the past months. Analysts forecast a potential surge of 10x in the coming months, making Intel Markets a good crypto to buy.

In summary

While it’s still early days for Intel Markets, it is undoubtedly the best cryptocurrency to buy right now. Top OGs like Shiba Inu and Ethereum have struggled while the coin has outperformed them.

To learn more about Intel Markets, visit the presale website, Telegram, and Twitter.

This article first appeared at crypto.news