analyst breaks down SHIB’s sluggish movement

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The Shiba Inu price initially experienced some success but has recently struggled, resulting in a notable decline in value. A pro-analyst said while the Shiba Inu price has shown sluggish market movement, predictions for the rest of 2024 are optimistic. 

The pro-analyst predicts major high yields for Ethereum Altcoin WallitIQ (WLTQ) in the coming months. This has sparked crypto whales to pull funding from less promising projects to the WallitIQ (WLTQ) ahead of its presale.

Ethereum Altcoin WallitIQ (WLTQ) Sparks Market Interest With 1000x Potential

WallitIQ (WLTQ) is a DeFi crypto wallet which integrates Artificial Intelligence (AI) and Machine Learning (ML) features to bring crypto wallet users true value for their investment. Because WallitIQ (WLTQ) offers unique features like smart transactions, intelligent security, portfolio management, and educational resources to help users trade better, the project is attracting a massive surge of investors in its ongoing presale. 

This increased demand for the WallitIQ (WLTQ) has generated positive sentiment, leading to even higher demand for the Ethereum altcoin. Mechanisms like token staking have been in place on the WallitIQ (WLTQ) platform to promote scarcity, further boosting the price of the Ethereum altcoin.

The aforementioned pro-analyst has suggested that if the WLTQ Ethereum altcoin continues to innovate, integrating new features, partnerships, and services, its utility is expected to expand, further increasing the token‘s value. Presale investors who recognize these opportunities stand to benefit greatly by investing in the Ethereum altcoin at a lower price of $0.0171 in its ongoing presale. 

The Escrow-Connect technology, powered by AI-Einstein on WallitIQ (WLTQ), offers top-notch security for users. It acts as a protective intermediary when connecting wallets to dApps or Web 3.0 sites, scanning for potential threats and vulnerabilities. This ensures that users can only interact with trusted platforms, providing much-needed security when transacting in the crypto ecosystem.

WallitIQ’s AI uses real-time market data to provide tailored investment advice, like reallocating assets, diversifying into new cryptocurrencies, or dropping out of high-risk trade positions. Moreover, WallitIQ’s Scan & Pay QR smoothens decentralized payment processes, assuring a faster and more efficient way to exchange cryptocurrencies. 

WallitIQ (WLTQ) smart contract has been audited by Solidproof, a leading security auditing company, to verify its robust security and infrastructure. Moreover the platform employs a multilingual AI chatbot to help users easily navigate its platform, offering 24/7 support and while eradicating language barrier limitations. 

Analyst Explains Shiba Inu Price Sluggish Movement

A pro-analyst has pointed out that Shiba Inu’s massive token supply, with trillions of tokens in circulation, could explain its lull over time. This presents challenges for maintaining the Shiba Inu price stability and keeping investor confidence strong. 

This pro-analyst suggests that the Shiba Inu token may be in a larger upward trend, indicated by the three-wave movements observed in 2021 and 2024. If the Shiba Inu price can reach the target of $0.00008614, it would signify continued bullish momentum. 

However, if the Shiba Inu price stays below $0.00003374, it could indicate that the current bullish scenario is not yet confirmed, as such caution is warranted. As of writing, the Shiba Inu price is trading at $0.000018, marking a 2.68% decline account to CoinMarketCap. 

Early Adopters Set To Enjoy Up To 1000% APY On WallitIQ’s Crypto Presale

WallitIQ (WLTQ) is changing how we see decentralized financing with its AI-powered crypto wallet. The project utility also guarantees long-term growth and major gains for presale investors. While the Shiba Inu price might be unpredictable, the pro-analyst predicts that Ethereum Altcoin WLTQ, now officially listed on CoinMarketCap, is a guaranteed short and long-term investment for everyone in the cryptocurrency ecosystem. Join early investors in the presale of this Ethereum altcoin to enjoy up to 1000% APY on WallitIQ (WLTQ) in just a few months.

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*This article was paid for. Cryptonomist did not write the article or test the platform.