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The Shiba Inu price dropped more than 22% amid the broader market decline. This significant plunge is raising concerns among traders regarding its future trajectory. As a result, SHIB holders are moving their attention toward IntelMarkets, a new AI crypto that is anticipated to transform the crypto sphere with its innovative tech-driven approach.
IntelMarkets is already creating a buzz with its viral presale, let’s find out if it could really live up to its potential.
Shiba Inu Price Plunges 22%: What’s Next for SHIB Token?
The beginning of February has been quite rough for a lot of cryptocurrencies, including Shiba Inu (SHIB). The Shiba Inu price has dropped more than 22% in the last 30 days, raising serious concerns among SHIB holders.
This bearish sentiment has resulted in the offload of SHIB tokens by short-term holders and whales. This activity has further weakened the possibility of any potential rebound for Shiba Inu.
 
Similarly, in the recent market crash, the Shiba Inu price has fallen below its key support levels at around $0.000013. In addition, the SHIB token is also experiencing decreased network activity which further reinforces the bearish sentiment.
Likewise, the MACD (Moving Average Convergence Divergence) of Shiba Inu also displays a negative reading that analysts predict could be a sign of continued downward momentum.
As of 8th February, Shiba Inu is trading at $0.000015, and industry insiders believe that the SHIB token has to break above its immediate support at around 0.000016 to see a recovery. This increased uncertainty is driving SHIB holders to join IntelMarkets, an emerging AI-powered altcoin that could offer stability with its innovative approach.
IntelMarkets AI-driven Approach Attract Shiba Inu Holders
IntelMarkets (INTL) is attracting significant attention from SHIB holders with its next-generation AI-powered tools that could make crypto trading a breeze.
Its autonomous trading robots could maximize the chances for profitability by leveraging advanced AI algorithms to conduct trades. In addition, these bots are highly customizable; users can set their trading preferences, such as profitability and risk management.
Along with this, IntelMarkets (INTL) also features an AI-powered trade advisor. It could help users make well-informed trade decisions by providing them feedback on their past performances. Similarly, it could also improve trading strategies by offering them opportunities to practice through demo trading.
Furthermore, the platform also provides an AI-driven analysis channel named Intelli-M that could offer a holistic perspective of market sentiment by utilizing more than 10,000 data sources.
Another standout feature of IntelMarkets is its Quantum levels system that could allow multiple opportunities to generate profit. It utilizes an AI bot that performs trades using the company’s fund, and the profit generated through this trade would be distributed among the members of this system.
IntelMarkets Crossed $8M in Presale: Is It the Next Big Game Changer?
IntelMarkets’ viral presale performance has been turning heads in the crypto market as it has surpassed the $8M milestone. Right now the INTL tokens are only $0.08, but they will rise to $0.09 during the next stage.
Analysts attribute this groundbreaking achievement to the platform’s diverse set of revolutionary offerings including the INTL Leaderboard and Quantum-Proof Protocol.
By incorporating the INTL leaderboard, IntelMarkets could allow top performers to enjoy additional benefits such as low trading fees. In addition, the platform incorporates a quantum-proof protocol that utilizes next-generation cryptographic techniques in layer-1 decentralized blockchain technology.
This implementation could offer elevated protection from advanced-level computing threats. With all these fantastic benefits, experts believe IntelMarkets could offer SHIB holders a potential opportunity to recover their losses.
Bottom Line
The recent 22% price slip in the SHIB token is evidence of its volatile nature as a meme coin that could not withstand market downturns. This is what led Shiba Inu holders to lose their trust as it failed to deliver reliability and stability.
Amid these chaotic conditions, IntelMarkets could offer enhanced stability with its advanced trading features and automated self-learning bots. Given its presale success, experts are betting on its growth potential.
Find out more about the IntelMarkets (INTL) presale:
Presale: https://intelmarkets.io/
Presale: https://buy.intelmarkets.io/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece; nor can this article be regarded as investment advice. Please be aware that trading cryptocurrencies involve substantial risk as the volatility of the crypto market can lead to significant losses.
Source: https://zycrypto.com/intelmarkets-intl-ai-token-sees-influx-from-shiba-holders-after-shibs-price-slips-22/