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Whales play a large role in creating new market trends. The most recent data points show SHIB whales diversifying their purchases by selling their Shiba Inu tokens, switching to FLOKI, and an $0.04 AI-based crypto with immense upside potential.
Shiba Inu (SHIB): Consolidating with Modest Prospects
Shiba Inu (SHIB) is a token built on the Ethereum network that has become immensely popular because of its memecoin status. While experiencing massive popularity in the 2021 bull market, SHIB has dropped significantly and is now below 80% of its price surge. This decline, though steep, seems to have bottomed up in recent trading sessions to see Shib sustain its support at $0.00001905.
After its peak, the Developers of SHIB started to diversify, creating many utility-based applications based on the Shiba Inu brand, including ShibaSwap, ShibGames, and Shiboshis, to name a few. This revitalized the coin, and a price increase followed, making many SHIB whales cash in their profits.
With the bull run in full effect, new data shows SHIB whales diversifying with Floki Inu and IntelMarkets. Experts speculate this move comes as an attempt to evade the large market cap of Shiba Inu in search of fresh opportunities.
FLOKI: An Altcoin with Volatility
Drawing inspiration from SHIB, FLOKI is the younger sibling of the coin. Along with using the enthusiasm of its community, Elon Musk played a significant role in the rise of Floki. Since June 2024, FLOKI experienced a decline of more than 60%. At today’s price of $0.0001419, FLOKI is up 3% on the weekly charts.
FLOKI's utility features include 3D NFT Metaverse, NFTs, a crypto education platform, and more. This leads analysts to believe that FLOKI is a long-term investment. But with its large market cap, some whales have switched their attention to IntelMarkets, an innovative platform in the presale stage.
IntelMarkets (INTL): Primed for Explosive Growth
IntelMarkets (INTL) is a new player in the AI & DeFi crypto space, utilizing the Ethereum and Solana networks to provide convenience and low transaction fees to users. INTL aims to challenge conventional trading and DeFi through the implementation of multiple AI algorithms in various markets.
Slowly becoming a whale favorite, many are catching on to IntelMarkets huge potential. Currently at $0.04 in its fifth presale stage, INTL is a profitable opportunity in light of the shifting market sentiment towards assets with genuine utility. IntelMarkets has been marked by analysts with 100x potential to revolutionize the crypto trading market.
Conclusion
As for the investors seeking tremendous profit, IntelMarkets places itself as a frontrunner of the AI-DeFi modernization. Having raised more than $2,000,000 from early investors, whales are keeping this project a secret.
If you hurry up, IntelMarkets is offering to match 50% on your deposit if you use the code:
Read More to Learn about IntelMarkets:
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
