With a proper altseason yet to appear, investors have been rotating to the hottest narrative, AI (artificial intelligence), to make the most of this bull run. Considering the sub-par performance of memecoins, whales have been dumping Shiba Inu (SHIB) and Dogecoin (DOGE) for AI cryptos.
IntelMarkets (INTL) is one of the favorites, capturing interest with its unique blend of AI and DeFi. Further, as a low-cap gem, its upside potential is explosive, driving bold forecasts and positioning it among the best coins to invest in.
IntelMarkets (INTL) is the latest among whales’ favorites, standing out for its AI narrative. At the crossroads between AI technology, blockchain and DeFi, it is innovative and fundamentally solid, hailed by experts as the next big thing—potentially outperforming Shiba Inu (SHIB) and Dogecoin (DOGE).
Moreover, as a low cap, it has plenty of room to run, contributing to the rising interest. In the ninth stage of the ICO, a token costs only $0.082, with over $7.9 million raised in funding.
Since debuting 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—a good crypto to buy. With a 75x rally projected after listing on Tier-1 exchanges, it might be the best new crypto to invest in.
It further 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. Further, the platform will be supported by both the Solana and Ethereum blockchains—dual-chain functionality—setting it up for adoption.
Shiba Inu (SHIB), the leading ETH memecoin, has been underwhelming 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—a 30% decline on the monthly chart.
However, the broader crypto market trading upward might spark an uptrend in the Shiba Inu coin price. Moreover, key technical indicators like the 9-HMA and Commodity Channel Index (20) hint at a potential upswing.
At the same time, Crypto Jaibrah, a top analyst, expects a rally past $0.000033 and $0.000066. In addition, W8900, sharing a similar sentiment, predicts a short-term rally to $0.0000406. However, amid declining interest in memecoins, marked by whales dumping their assets for AI cryptos, IntelMarkets might be the best crypto to invest in.
Dogecoin (DOGE): On the Downside
Dogecoin (DOGE), the first and leading memecoin, has seen better days. The recent market decline pushed it below $0.25, registering a 15% decline in the past week. However, a bounce is on the cards, highlighted by the Dogecoin price trading above the 200-EMA and 200-SMA.
Meanwhile, some analysts are optimistic. VipRoseTr, a top analyst and trader, targets $0.29 in the short term, $0.42 in the midterm, and $0.52 in the long term. Trader__E, another expert, shares this sentiment, predicting a rally toward $0.44.
However, as a top ten cryptocurrency, not forgetting the dwindling interest in memecoins, Dogecoin (DOGE) might not be the best crypto to buy. Alternatively, INTL is among the latest investor favorites, tipped for a 75x rally this cycle.
IntelMarkets (INTL): A New Favorite Ahead of Shiba Inu (SHIB) and Dogecoin (DOGE)
The new AI crypto IntelMarkets (INTL) is one of the best altcoins to invest in. Besides its bullish AI-DeFi narrative, its small market size leaves plenty of room to run, making it a favorite ahead of Shiba Inu (SHIB) and Dogecoin (DOGE). Scheduled for launch in Q1, it is a project worth taking advantage of.
For more information about IntelMarkets (INTL) visit the links below:
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Source: https://blockonomi.com/shift-from-memes-to-ai-whales-dump-their-shiba-inu-shib-and-dogecoin-doge-bags-for-this-new-ai-crypto/