Shiba Inu Drops 12% In April, IntelMarkets AI Coin Gains Traction
Shiba Inu (SHIB) investors are facing a challenging period as the cryptocurrency's price continues to struggle in the aftermath of Black Monday. Despite a brief 5% increase between Monday and Tuesday, SHIB was unable to maintain its momentum and experienced a subsequent drop. The overall losses for SHIB over the past month have accumulated to over 12%, with the majority of these losses occurring during the first week of April due to macroeconomic shocks that overwhelmed the token.
Despite efforts by the SHIB community to stabilize the price, the prevailing bearish sentiment in the market has had a significant impact on all actively listed tokens. As a result, many SHIB investors have turned their attention to new crypto projects, with the IntelMarkets (INTL) Initial Coin Offering (ICO) emerging as a popular choice. The INTL project is gaining traction due to its strong AI-based trading tools, with tokens available at $0.09 each, making it an attractive option for SHIB investors.
IntelMarkets is an AI-powered trading platform that stands out from competitors by offering AI-supported tools and assessment modules. These features enable both retail and institutional traders to make more informed and timely trading decisions. The platform's data analysis feature, known as the Intell-Array Multichannel Analysis, allows users to analyze large volumes of market data and identify the best trading opportunities. Additionally, the platform's automated and self-learning trading robots eliminate the need for human intervention in making trading decisions. These robots analyze market data and suggest profitable trading strategies, collecting data from over 350,000 points to generate clear trade signals for profitable trades.
IntelMarkets has already secured over $12.2 million in funding and has received seed funding from Fortune 500 investors. The platform is gaining attention within the crypto-trading community and is expected to outperform prominent altcoins like SHIB, potentially reaching new heights post-launch. Despite strong support from the SHIB community, the Shiba Inu price has been unable to overcome the overall market sentiment, dropping by almost 2.5% over the past 24 hours. There was a brief recovery of over 10% as the price moved up from the $0.000010 lowest point, but the current price of around $0.000011 is acting as a key support range. The SHIB community sentiment remains bullish, with trading experts forecasting a recovery to the $0.000012 price range. However, the market volume has decreased by almost 24% to $282 million, indicating that SHIB holders are waiting for the bear trend to subside before resuming trading. Market experts predict that the markets will stabilize by the weekend, allowing the Shiba Inu price to move in a bullish pattern as normalcy returns.
In conclusion, IntelMarkets (INTL) is poised to become a significant player in the crypto trading landscape. The AI-powered trading platform is expected to offer profitability comparable to SHIB's performance and compete with other established players. The new AI coin has the potential to become a strong contender against top altcoins and is hailed by experts as one of the best new cryptocurrencies to invest in. For more information about the technical platform or to join the presale for exclusive benefits, investors are encouraged to check out IntelMarkets.



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