Selling pressure seems to be easing after the recent bloodbath, with sentiment turning optimistic. Top crypto projects like Chainlink (LINK) and Shiba Inu (SHIB) aim for a rebound, racing to reclaim lost price levels.
At the same time, Ethereum whales have been diversifying into this new ICO: IntelMarkets (INTL). Its unique narrative as an AI-powered exchange protocol fuels demand and is hailed as a new DeFi project to watch out for.
IntelMarkets (INTL): Attracting Crypto Whales
The AI-powered smart trading platform IntelMarkets (INTL) is the latest on Ethereum whales’ radars. Its impending transformation of the $36 billion global crypto trading market makes it an instant favorite. This contributes to the over $240,000 raised in early funding, just a few days into the presale.
By integrating artificial intelligence into crypto trading, it will address key challenges faced by traders and conventional trading platforms. Users will enjoy unprecedented computing power, AI-powered tools and advanced trading features like copy trading, self-learning trading bots and multichannel analysis of over 100,000 crypto assets.
The above combine to provide traders with a competitive advantage in the crypto market—becoming the top 1% of traders. With adoption all but certain, the presale has been selling out fast while presenting a good entry point. A token costs only $0.009 in stage 1 and is tipped for an 80x upswing after its debut, potentially outpacing top coins like Chainlink and Shiba Inu.
Chainlink (LINK): Potential Breakout Above $12.5 Resistance
Chainlink (LINK), a decentralized Oracle network, plays a vital role in the crypto scene. It allows blockchains to securely interact with external data feeds, building cutting-edge and relatable Web3 products.
However, as the crypto market plummeted, so did the Chainlink price. But with a strong start to the week, it has picked up steam, erasing previous losses. Nevertheless, it consolidates between the $10 and $12 price levels. What will its next move be?
Indicators and a bullish Chainlink price prediction hint at a breakout above the $12.5 resistance before the week’s end. This will clear a path toward its three-month high of $18. Further upswings past $50 are projected before the year’s end, making it one of the altcoins to watch out for.
Shiba Inu (SHIB): Targets Complete Recovery in the Coming Weeks
Shiba Inu (SHIB), the leading Ethereum-based memecoin, is one of the top altcoins. Its appeal spans meme and utility, boasting a vibrant ecosystem that houses top projects like Shibarium and ShibaSwap. This makes it not only a favorite among meme enthusiasts but also a top pick among those seeking solid altcoins.
Following the recent market bloodbath, the Shiba Inu coin is back on the upside. While still down by about 5% on the monthly chart, optimism is on the rise and a rebound is on the horizon. Worth mentioning is its budget-friendliness, made more appealing by the recent price dip.
According to analysts, the Shiba Inu coin price will see a complete reversal in the coming weeks. With the crypto market quickly approaching quarter four, poised to be the most explosive, SHIB is set for a parabolic run. This makes it one of the best bets to make ahead of time.
Conclusion
Despite recent bearish pressure, Chainlink and Shiba Inu are gearing up for a rebound. Meanwhile, whales have been betting on IntelMarkets, aiming to ride its massive bullish wave. Its potential transformation of the wider crypto trading scene makes it a new DeFi project to watch out for.
Discover More About Intel Markets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
