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XRP plummets while Shiba Inu and Intel Markets soar. Discover what’s fueling their uptrends.
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Despite the broad crypto market rally influenced by the recently concluded U.S presidential elections, some tokens are still witnessing bearish pressure, with the Ripple price declining.
However, tokens like Shiba Inu (SHIB) and Intel Markets (INTL) thrived in the rally, leading the market with impressive weekly gains up to 40%. What’s next for these exceptional tokens? Keep reading to find out.
Ripple price declines amid market rally
Ripple’s case against the SEC has dragged on for years, dragging the Ripple price down with it. The ongoing case deters potential investors and traders from trading XRP which is why the Ripple price is currently declining after a 5% surge during the market rally.
The Ripple price began declining rapidly last year when it dropped 21%. Despite its brief increase last week, XRP is still 86% from its ATH while underperforming 90% of the top 100 crypto assets. Additionally, XRP’s market cap and trading volume have also decreased.
However, with Donald Trump winning the election, crypto supporters are hopeful for a turnaround in XRP’s case with the SEC. Especially if the president keeps his promise of removing SEC Chair Gary Gensler. Once the case ends, the Ripple price has a chance at increasing again.
SHIB on bullish trajectory
Dogecoin-inspired Ethereum-based memecoin, Shiba Inu is currently on a bullish trajectory. A sequence of key upgrades and events in Q4 led Shiba Inu to its present success in the crypto market.
After a token burn in September and numerous network updates in October, Shiba Inu finally got the attention of institutional investors this November, following Shytoshi Kusama’s announcement of the Strategic Hub for Innovation and Blockchain (S.H.I.B).
Kusama also made a proposal through social media platform X, to President Donald Trump and Tesla CEO Elon Musk, causing a stir in the crypto community. This was reflected in Shiba Inu’s price with over 40% gained during the week. Shiba Inu is retracing as at press time, but analysts speculate a rebound in a few days.
Presale: Intel Markets rewards investors with over 40% gains
Intel Markets is a fast rising utility token that is stirring excitement among investors in the crypto community. Unlike XRP, Intel Markets is leading the weekly gains with over 40% price increase during the week when it transitioned from Stage 4 to the current Stage 5.
Early Intel Markets investors were rewarded with inter-stage returns, but that’s just one of the perks investors enjoy from holding Intel Markets’ tokens. INTL tokens serve as the key to exclusive access of Intel Markets’ state-of-the-art platform features and tools.
These tools include the next-gen aggregation protocol, an advanced AI trading tool that provides investors with real-time trading analysis which helps make well-informed trading decisions. They also enjoy access to over 50,000 tradable asset pairs with high leverage options up to 1000x.
Moreover, Intel Markets’ non-custodial design gives investors full control over their assets and they become automatic shareholders and part of the decision making process on Intel Markets’ ecosystem. With tokens priced at $0.046 each, traders can start enjoying the perks of being an Intel Markets investor today.
To learn more about Intel Markets, visit the presale website, Telegram, and Twitter.
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This article first appeared at crypto.news
