Shiba Inu's (SHIB) network shows signs of a potential rebound, boosting investor sentiment, whereas IntelMarkets (INTL) is leading the memecoin scene with spectacular presale activity and performance metrics suggesting a colossal 27,900% rise.
Shiba Inu's price approaches $0.000014, exciting its holders
The dog-themed Shiba Inu cryptocurrency is eyeing a breakthrough to $0.000014, but with a 236 billion SHIB supply at stake, its next strategic move is under watch. Data from IntoTheBlock shows 236.46 billion SHIB held at this level by 3,780 addresses. Surpassing this hurdle could enable a push to $0.000014 and set SHIB up for an even bigger breakout.
On-chain data indicates a similar stockpile of 548.64 trillion SHIB across 162,610 addresses within the $0.000014 to $0.000019 range. Breaking past this level implies significant potential upside for Shiba Inu, while falling short could lead to a period of stability or slight pullback before another upward attempt.
The Shiba Inu price draws everyone’s attention as it edges closer to a critical threshold. Should prices wane, support is expected near $0.0000108, which buffered a decline on March 11. As of now, SHIB has increased by 0.7% over the last day to $0.00001285 and is 6% higher on a weekly basis. In the midst of a volatile Shiba Inu price trajectory, memecoin enthusiasts remain wary.
Potential signs of a Shiba Inu price comeback based on technical evaluations
A recent tweet from IntoTheBlock notes that the total memecoin market cap has rebounded to third-quarter levels from last year. It underlines critical on-chain markers for detecting a shift. Over the past two days, the Shiba Inu price has wavered minimally between $0.00001227 and $0.000013 as traders eagerly anticipate the market's next steps.
Elements to observe include trader counts, as a spike in short-term traders often signals fresh retail involvement. Despite the downward trend across many memecoins, a possible reversal for Shiba Inu could signify a key pivot point for the altcoin. Also critical are transaction volumes, indicating growth in activity, whether or not driven by new users.
IntelMarkets attracts Shiba Inu whales before an anticipated massive rally of 27,900%
IntelMarkets (INTL) IntelMarkets has recently seen a surge in weekly sign-ups, particularly after a multitude of SHIB enthusiasts redirected their investments towards this new AI-driven venture. Memecoin aficionados are gravitating toward IntelMarkets over other projects due to its AI-driven insights and all-around trading signals via Intelli-M, ensuring traders stay ahead of market-turning events.
Investors in Shiba Inu are heading to IntelMarkets for its cutting-edge technology, boasting a suite of tools, models, and data crafted for traders, analysts, and developers. Supported by its proprietary AI blockchain, the platform delivers advanced AI models complete with curated data sets, unique data streams, and on-chain evaluations, crucial for keeping investors at the forefront amid fluctuating market conditions.
Amid this cycle, IntelMarkets remains one of the top buzzing AI coins worth acquiring
The latest layer-1 protocol innovation allows its users to access a robust collection of AI trading agents, market forecasters, and data analysis tools. INTL owners have the flexibility to create their own, enhance existing models, or deploy AI-powered strategies instantly. To sum it up, IntelMarkets is reshaping the game for budding traders. IntelMarkets (INTL) In light of Shiba Inu's price showing recovery signals after a prolonged downturn in network sentiment, IntelMarkets (INTL) is capturing the interest of memecoin fans. Particularly, these holders are migrating towards IntelMarkets for its ready-to-use AI agents enabling traders to outpace the crypto market and achieve substantial profits as they seize promising prospects.
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Discover More About IntelMarkets:
Presale: https://intelmarkets.io/
Buy Presale: https://buy.intelmarkets.io/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
The Chief Editor of Blockonomi and the founder of Kooc Media, a UK-based digital media company. An advocate of Open-Source Software, Blockchain Technology, and a fair and open Internet.
