Whales Dump SHIB and DOGE for AI Crypto INTL

Generated by AI AgentCoin World
Thursday, Feb 6, 2025 10:05 am ET1min read
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Shift From Memes to AI: Whales Dump Their Shiba Inu (SHIB) and Dogecoin (DOGE) Bags For This New AI Crypto

The crypto market is witnessing a significant shift as whales, or large investors, are moving away from meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE) and investing in new AI-focused cryptocurrencies. This trend is driven by the growing interest in artificial intelligence and its potential applications in the blockchain and decentralized finance (DeFi) sectors.

One such AI-focused cryptocurrency that has caught the attention of whales is IntelMarkets (INTL). INTL stands out for its innovative AI narrative, combining AI technology, blockchain, and DeFi. Experts have hailed it as the next big thing, with the potential to outperform SHIB and DOGE.

INTL's low market capitalization leaves plenty of room for growth, contributing to its rising interest. In the ninth stage of its initial coin offering (ICO), a token costs only $0.082, with over $7.9 million raised in funding. Since its debut on the ICO block, the price has skyrocketed from $0.009 in the first round to the current price. Another 34% gain is anticipated at the listing price of $0.11, making it a promising crypto to buy. With a projected 75x rally after listing on Tier-1 exchanges, INTL might be the best new crypto to invest in.

INTL also stands out as an AI-powered trading platform. The ecosystem will be completely driven by artificial intelligence, featuring advanced trading bots and an AI-based blockchain. The platform will be supported by both the Solana and Ethereum blockchains, offering dual-chain functionality and setting it up for adoption.

Shiba Inu (SHIB), the leading ETH memecoin, has been underperforming this year. Its disappointing performance can be linked to the drop in interest in memecoins and the overall market decline. The latest downturn pushed it below $0.00002, marking a 30% decline on the monthly chart. However, the broader crypto market's upward trend might spark an uptrend in the Shiba Inu coin price. Key technical indicators like the 9-HMA

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