Despite being largely undesired, a red market often presents the best entry points. Instead of FOMOing at the top, interest in Solana (SOL) and Shiba Inu (SHIB) persists amid price decline. The strategy is simple: buy low and sell high.
Meanwhile, there is a new player in the crypto scene gaining huge traction, Intel Markets (INTL). Presale tokens are once again in the spotlight and this emerging altcoin is stealing the show with its unique narrative: an AI-powered trading platform.
Intel Markets (INTL): A Novel Exchange Protocol
Crypto is all about narrative and the hottest right now is AI, which Intel Markets (INTL) integrates. This new player is in the spotlight for all the right reasons, from its anticipated transformation of the global crypto trading market to its growth prospects.
If you are familiar with the crypto trading scene, you would have picked up on a number of challenges, notably how unsuccessful most traders are. Taking a different approach, INTLâs AI-powered smart trading platform will give users an edge in their trading journey.Â
Users can also leverage its trading bots, which have a proven history of profitable performances, alongside features like 1,000x leverage. One of its other distinguishing features is its dual-chain functionality, which supports both the Ethereum and Solana blockchains.
The above explains the growing interest, with its ongoing presale offering the best opportunity to become early adopters. In the first stage of the ICO, investors have been scooping up the token at $0.009. Besides its low entry point, a 50x uptick is projected after its launch, making it one to watch ahead of SOL and SHIB.
Solana (SOL): Anticipated Price Jump
Solana (SOL) is constantly making headlines. The first SOL ETF was recently approved in Brazil, while interest has been shown in the US. Also, the ecosystem is rapidly expanding, notably with the recent integration of PayPal USD, which bridges the gap between DeFi and TradFi.
On the market side, the Solana price has been underwhelming of late. However, its decline isnât isolated; it is part of a broader market downturn. After trading above $200 in April, it has tumbled below $150. In the past month, there has been a 20% price decline.
Despite this, interest hasnât been slowing down. You might wonder, why? Simply, investors are betting on a jump in the price of the Solana coin. With more demand anticipated, especially with the growing interest in SOL memes and institutional adoption, it is an altcoin to watch out for.
Shiba Inu (SHIB): Leading the Next Meme Craze
Shiba Inu (SHIB) is the leading memecoin on the Ethereum blockchain and one of the top altcoins. Its dog coin appeal made it a retail favorite, playing a crucial role in its ascent. However, its recent price action leaves much to be desired.
It was among the biggest winners during the Q1 rally, soaring past $0.00003. But it took a sharp turn as the wider crypto market plummeted, retesting $0.00001. Nevertheless, savvy investors remain largely unconcerned, scooping up the Shiba Inu coin at a discount.
With another meme season around the corner, it is tipped to be at the forefront. And at the current Shiba Inu price, huge gains are up for grabs. This explains the growing interest, alongside its budget-friendliness. The coming weeks or months will determine whether we will see a new peak; fingers crossed until then.
Conclusion
While price actions have been underwhelming and bearish, interest in Solana and Shiba Inu persists. Meanwhile, Intel Markets is on investorsâ radars thanks to its AI-powered trading platform. With adoption imminent, it is a new DeFi project to take advantage of.
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