Shiba Inu Holders Could Face Another 35% Drop in April, Meme Traders Switch to IntelMarkets AI
The markets are still trying to recover from the battering they received on Black Monday, and the Shiba Inu price is also struggling to regain some value. The SHIB managed to move over 5% up between Monday and Tuesday. However, the Shiba Inu price was unable to sustain the momentum and dropped again.
Investors are feeling the burn of the Shiba Inu price drop as its losses over the past month now mount up to over 12%, the bulk of which occurred during the first week of April as the macroeconomic shocks proved to be too much for the SHIB token. Despite multiple efforts undertaken by the SHIB community to sustain the Shiba Inu price, the overall bearish sentiments in the markets were an overriding factor that impacted all actively listed tokens.
Many SHIB investors have now picked up new crypto projects. The most popular pick for investors impacted by the Shiba Inu price drop is the IntelMarkets (INTL) ICO. This AI project is hugely popular for its strong AI-based trading tools. INTL tokens are available for just $0.09, making them a great option for SHIB investors.
IntelMarkets (INTL) Offers 400% Gains At Launch
IntelMarkets is an AI-powered trading platform. It is unique from all the other trading platforms because it offers AI-supported tools and assessment modules that allow retail and institutional traders to make better and quicker trades.
The platform has a data analysis feature known as the Intell-Array Multichannel Analysis. This helps users to analyze large data volumes from the markets and easily pick out the best trading opportunities in the market. Its trading robots are automated and self-learning and eliminate the need for human intervention in making trading decisions.
These trading robots are the true USP of the platform. They analyze market data and suggest profitable trading strategies. The platform collects data from over 350,000 points to generate clear trade signals for profitable trades.
IntelMarkets (INTL) has already gathered over $12.2 million in funding, has seed funding from Fortune 500 investors, and is moving in the right direction as it captures the attention of the crypto-trading community. Given its post-launch potential, IntelMarkets is set to outperform prominent altcoins like SHIB to exciting new extremes.
SHIB Community Support Unable To Push Shiba Inu Price Into Green Zone
The Shiba Inu price was unable to beat the overall market sentiment despite strong support from the SHIB community. The Shiba Inu price dropped by almost 2.5% over the past 24 hours despite strong support. There was a recovery of over 10% as the Shiba Inu price moved up from the $0.000010 lowest point. The current Shiba Inu price is around $0.000011, which is acting as a key support range for now.
The SHIB community sentiment is still bullish, and trading experts foresee a recovery to the $0.000012 price range. However, the market volume is down by almost 24% to $282 million, which seems to indicate that SHIB holders are waiting for the strong bear trend to subside before they venture into trading. Market experts forecast that the markets will stabilize by the weekend, and the Shiba Inu price will start to move in a bullish pattern as some normalcy returns to the market.
Conclusion
Everything discussed above points toward IntelMarkets (INTL) being the future of crypto trading. The AI-powered trading platform is set to offer profitability that will be on par with the Shiba Inu price performance and compete against other established players, the same as the INTL token. The new AI coin might become a strong contender against top altcoins, hailed by experts as the best new crypto to invest in.
Check out the IntelMarkets for more information about the technical platform, or join the Presale for exclusive benefits.
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Text source: Crypto Daily™
