Shiba Inu Recovers 1.85% as IntelMarkets Presale Surges 911%

As the anticipated bull run begins, many memecoin projects are showing signs of recovery, with Shiba Inu (SHIB) being one of the notable examples. Meanwhile, Cardano (ADA) has struggled to turn things around for its holders and may be outperformed by newer presales. Among these, IntelMarkets has emerged as one of the fastest-selling presales, poised to dominate Cardano this cycle.

A renowned crypto trader, Ansem, has recently turned his attention to Cardano. According to his analysis, Cardano is currently trapped in a downtrend with lower highs and lower lows over the past few months. The trader identified the $0.77 level as a key resistance zone, indicating that sellers are in control whenever the price attempts to push higher. The expert analyst believes Cardano is at a crucial crossroads, with the potential to either continue to stride below the current support and head toward $0.4 or find the strength to break above the stubborn $0.80 resistance and flip the script.

The popular dog-themed memecoin Shiba Inu is showing early signs of recovery. Since the weekend, the SHIB price has experienced an uptick and once again reached the $0.000013 mark in the early Sunday session, indicating renewed trader interest. This recovery is part of a broader crypto market recovery, with major giants like Bitcoin and Ethereum also regaining lost ground. The SHIB price saw an uptick in whale inflows and net flows in the past week, suggesting large holders might be accumulating Shiba Inu, possibly expecting an increase in the long term. The overall sentiment on the crypto market has improved, increasing interest in altcoins like Shiba Inu. At the time of writing, the SHIB price was among the several crypto assets trading in the green, up 1.85% in the last 24 hours and 2.39% weekly. If Shiba Inu closes today in green, the memecoin will mark the second day of steady gains since March 21's decline.

As Shiba Inu holders regain confidence amid the SHIB price recovery, an emerging AI-powered platform, IntelMarkets, is engaging memecoin investors with its growing presale excitement. As the first native AI blockchain platform, IntelMarkets is projected to bag a 911% presale rally and overpower Cardano as its platform dynamics and fundamentals make it a better choice. Just recently, the platform claimed a spot in one of the most popular data aggregation websites. IntelMarkets (INTL) has now been listed on CoinMarketCap and could attract memecoin investors amid the SHIB price recovery. The platform’s increasing demand among investors has ranked it on CoinMarketCap, speculating a grand listing in the market post-launch.

IntelMarkets (INTL) is gradually gaining recognition among memecoin enthusiasts with its fast-selling presale. Currently priced at $0.09, the platform has sold over 40 million INTL tokens and is projected to jump to $0.42 in the upcoming sessions. With the SHIB price showing signs of recovery, IntelMarkets can become a strong rival for the memecoin after going live. The platform is also gaining traction in the market for its mind-blowing AI trading tools that offer investors an edge over the frequently shifting market conditions. IntelMarkets is scheduled to launch more upcoming practical products and blockchain upgrades to enhance the platform’s performance and overall scalability and flexibility.