Over the weekend, we saw the crypto markets regain their bull momentum and many coins gave their investors a long overdue New Year’s gift as they regained significant value. As is tradition for meme coins, Shiba Inu (SHIB) and Pepecoin (PEPE) also made investors happy with their explosive price action.
Shiba Inu price rose significantly, while PEPE price also showed positive momentum. Meme coins usually boom and bust more than the usual crypto altcoins and many investors use them as a gauge of the market. In addition, Shiba Inu’s price is also affected by its huge community and hype machine.
Many investors are diverting their recent gains towards the hot ICO project IntelMarkets (INTL). This is a promising mix of artificial intelligence (AI) and decentralized finance (DeFi) that is going to change how crypto will be traded. IntelMarkets is raising investors’ interest due to its strong real-world use case and its potential to take over the billion-dollar crypto trading industry.
Shiba Inu Price Moves 20% Before Dropping
Shiba Inu’s price has experienced strong volatility as SHIB hit a weekly high of $0.00002483 on January 18, giving investors a rise of 20%. This eventually dropped on profit taking and Shiba Inu’s price dropped a surprising 25% over the weekend to its lowest of $0.00001992 on Sunday.
Source: CoinMarketCap
Shiba Inu’s price is now back to positive movement as its price rose up around 8% to its current range of $0.00002144. SHIB’s market volume is up by over 140% to $1.46 billion as more rallies are expected as investors try to push Shiba Inu price further up. The SHIB chart remains bloody for now.
PEPE Losing Relevance As Price Drops Over 4%
Meme coins can lose relevance pretty quickly if they have a slow community or are unable to retain community and market interest. Pepecoin (PEPE) hit a high of $0.00002093 on January 18, but PEPE has been priced back down, trading at a lowest of around $0.00001525, a drop of over 30% on the weekly charts.
Source: CoinMarketCap
PEPE’s market volume is up by over 200% to $4.12 billion as investors try to consolidate their holdings in preparation for a new bull momentum.
IntelMarkets (INTL): The Future Of Trading Is Now Here
While meme coins will remain volatile and community-run, investors are noticing a new AI project. IntelMarkets (INTL) is an innovative AI-based project. It will change the crypto trading market by using AI to offer self-learning AI algorithms that give users advanced trading tools to analyze lots of market data.
IntelMarkets will democratize access to advanced AI technology. The platform is making the crypto market accessible to both individual and institutional investors through its AI-powered trading bots that simplify the trading process.
IntelMarkets (INTL) has raised over $7 million in stage 9 of its presales. It is priced at just $0.082 per token. This highly discounted rate is extremely attractive for investors, as analysts predict a 20x rally on launch as it caters to the escalating demand for AI-driven solutions.
Conclusion
PEPE and SHIB prices are facing volatility despite creating waves with their price gains. Most meme coins are hampered by a limited utility and reliance on community hype to keep them on the upside. However, IntelMarkets has a very solid technology and practical application.
Everything discussed above indicates that IntelMarkes (INTL) is going to be a major player in the future of crypto trading. The AI-powered trading platform is going to compete against established players. The new AI coin is hailed by experts as the best new crypto to invest in. It is set to become a strong contender against top altcoins.
Check out the IntelMarkets for more information about the technical platform, or Join the Presale for exclusive benefits.
