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SHIB stable despite drop in activity, underwater investors move to 5000x altcoin to recoup losses

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The Shiba Inu price has remained stable despite a decline in SHIB’s activity while underwater investors move to the 5000x altcoin ETFSwap to recover their losses.

Recent Shiba Inu price predictions have varied, with SHIB maintaining a tepid price action amid the decline in the meme coin’s adoption. Many SHIB investors are still out of the money with the Shiba Inu price below the $0.00002 support level. This has led underwater investors to focus on the 500x altcoin ETFSwap (ETFS) to recoup their losses. 

SHIB price remains stable despite decline in SHIB activity

The Shiba Inu price has remained stable despite the decline in SHIB activity. For now, the Shiba Inu price continues to range around $0.000018, still below the crucial support level of $0.000020. Despite the Shiba Inu price stability, the meme coin is still at risk of dropping due to SHIB’s declining activity. 

Onchain data shows that investors aren’t focusing on SHIB like they are on other meme coins. A lack of interest among new investors paints a low picture for the Shiba Inu price, since increased adoption is what mainly leads to price rallies for coins like SHIB. The decline in SHIB activity means that the Shiba Inu price could still drop to as low as $0.000010. Considering this bearish outlook, underwater SHIB investors are currently focusing on coins that can help them recover their losses. 

Underwater investors are moving to ETFSwap

SHIB’s underwater investors are turning their attention to the 5000x altcoin ETFSwap to help recoup their losses. Indeed, these investors stand to enjoy a 5000x return based on analysts’ predictions that the altcoin will witness a 500,000% price gain in this bull run from its current price of $0.03846. 

This bullish outlook for the ETFSwap altcoin stems from the impressive demand in its ongoing presale with almost 34 millions tokens sold so far. Investors in the ongoing presale have been impressed by the utility which the ETFSwap ecosystem is set to introduce into the finance space. 

ETFSwap will provide a more straightforward way for investors to invest in and trade exchange-traded funds by tokenizing them and enabling them to be traded on-chain. This makes it easier to invest in these assets since the blockchain can be accessed by anyone. Investors looking to invest in the tokenized ETFs on ETFSwap will simply need the ETFS altcoin. 

They will swap the altcoin for their desired ETF. Investors will enjoy ample liquidity while investing and trading on ETFSwap thanks to the platform’s market-making services. It is worth mentioning that the platform is built on the Ethereum network, so users will also have access to the network’s unparralled liquidity.   

ETFSwap’s decentralized nature means that investors will be able to invest in these ETFs from anywhere in the world without the limitations of the traditional financial systems. Users will also enjoy 24/7 market coverage as they can buy, sell, and trade these assets at any time. This feature helps investors to benefit from the market gains which these assets record after traditional trading hours. 

The platform also boasts an ETF staking feature, which allows investors to stake their ETFs and enjoy up to 87% annual percentage yield (APY) on their staked assets. This staking feature also extends to crypto assets on the ETFSwap platform. Investors can stake the ETFS altcoin and get staking rewards. 

This staking feature will be on full display once the ETFSwap beta platform launches. The beta platform already launched on the Ethereum testnet, indicating that a mainnet launch is around the corner. Investors will also be able to use the ETFSwap to invest in their desired ETFs once the beta platform goes live. 

Conclusion

Like SHIB’s underwater investors, traders might be able to enjoy up to 5000x return when ETFSwap records its 500,000% price gain in this market cycle. However, users would need to hurry and buy the ETFSwap token in its ongoing presale.

To learn more about ETFSwap, visit the ETFSwap presale and join the ETFSwap community   

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New crypto sensation takes over from Book of Meme and Chainlink post market correction

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IntelMarkets, a new AI-driven DeFi platform, gains investor interest post-correction, with analysts predicting an 11x growth.

Now that the market has finished a correction, a new kid on the block leveraging AI, IntelMarkets (INTL), is getting attention from the top investors. With the current trend shifting from giants like Book of Meme (BOME) and Chainlink (LINK) to AI cryptos, IntelMarkets looks ready for rapid growth.

This new DeFi project aims to become the leading trading platform in the crypto world for both experienced traders and newbies. Analysts forecast IntelMarkets’ value will increase by 11x in the coming months.

Chainlink has recently introduced its newest solution called CCIP Private Transactions. This new feature helps financial institutions to integrate private blockchains into the multi-chain economy.

Australia and New Zealand Banking Group (ANZ) will be one of the first companies to pilot this feature. The pilot will be centered on the cross-chain settlement of tokenized actual assets (RWAs). 

In other news, CryptoTitans forecast the value of the Chainlink coin could pump to $28 soon. According to the analyst, the Chainlink crypto is on the verge of breaking out of a falling wedge.

In the meantime, the cryptocurrency is trading between $10 and $13 on the monthly level, according to CoinMarketCap data. The 14-day RSI is in the green region, meaning the Chainlink price could rise higher in the coming weeks.

Book of Meme price drops on the weekly timeframe 

The Solana-based memecoin, Book of Meme (BOME), soared up the price chart recently, reaching a peak of $0.011. But there has been a reversal over the last week, causing the price of BOME to drop to old lows. 

On the weekly price chart of CoinMarketCap, the Book of Meme coin has declined by 5%. However, the cryptocurrency is still bullish on the higher timeframes such as the biweekly and monthly charts.

The Book of Meme crypto must cross the 200-SMA at $0.009101 to continue its upward prior movement in the coming weeks. Besides, bulls are very active based on the coin’s technical indicators. 

CryptoKnight, a top crypto analyst, posted a chart on X, which showed the Book of Meme price is getting set for expansion. This expansion might push the value of the cryptocurrency to $0.0600.

IntelMarkets (INTL) is a relatively new project that is quickly making its way to the top of the list of most popular trading platforms on the market. It offers the trader an opportunity to trade, empowered by advanced AI tools and other professional trading tools.

IntelMarkets is an online trading platform that offers retail traders access to AI-based information and data analysis that was meant for only institutional investors. The multi-channel analysis tool of IntelMarkets allows users to analyze more than 100,000 data points to provide real-time information to help traders succeed in the competitive crypto trading market.

Another interesting feature of IntelMarkets is the Intell-Array™ monitoring system that helps to make trading easier and more efficient as it gives the trader one clear signal to buy or sell. This level of detail allows traders to make decisions with confidence. 

Furthermore, IntelMarkets functions on a two-chain model with the use of Ethereum and Solana to ensure that traders get the best of fast transactions, low charges, and high security. IntelMarkets is currently priced at $0.036545 and has managed to secure over $1.6 million in presale funding. Experts expect the token to rise by 11x before the year ends. 

As Book of Meme and Chainlink step aside, IntelMarkets is quickly emerging as the new best crypto to buy, opening up the potential for huge returns. Those who are searching for the next big thing should definitely pay attention to this cryptocurrency ICO as it gains more and more traction in the crypto exchange market. 

To learn more about Intel Markets, visit the presale website or join the community on Telegram and X.

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Pepe, Intel Markets, and Tron making waves this Uptober

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As the crypto market continues to evolve, experts are focusing on promising altcoins such as Pepe, Intel Markets, and Tron.

As the crypto market takes off this October, or as the community calls it “Uptober,” people are looking for tokens that could explode. Many experts are pointing to three altcoins that could do just that. These are Pepe (PEPE), Intel Markets (INTL) and Tron (TRX).

While many people may be familiar with PEPE and TRX, INTL is a rookie now in phase four of its presale. This newcomer has made headlines as it has raised over $1.5m and may reach $2m before this weekend. Some experts think of INTL as the next 20x altcoin in 2025.

Pepe technicals point to a surge

Pepe is one of the top altcoins at the moment. CoinMarketCap shows that the Pepe price increased around 25% in the past month alone. This cryptocurrency is now trading between $0.0000081 and $0.000010.

Not only that, but the technicals for Pepe crypto also show bullish signs. Pepe is currently sitting above its 20-day EMA of $0.0000099 and its 100-day EMA of $0.0000092. Its 14-day RSI sits at 53, a bullish sign for this altcoin.

Not only that, crypto analyst BlockchainBaller made a bold Pepe price prediction. His X post says this altcoin could see another leg up to a new ATH if bulls push through. Experts predict Pepe will trade at $0.000020 before October ends.

Intel Markets seen as a presale star with great growth potential

Intel Markets is another altcoin making waves right now. This DeFi project aims to combine the booming AI market with blockchain technology. It will launch an AI-powered intelligent trading platform. This will give Intel Markets a competitive advantage over other platforms on the market.

For instance, traders get mixed signals in traditional trading interfaces. However, Intel Markets will use its Intell-Array™ monitoring system to review all indicators to create a holistic signal backed by over 100k data points. In addition, Intel Markets will have self-learning trading robots that improve their performance over time.

The INLT native token will power this platform. It is now in phase four of its presale and costs $0.036. Those who bought it early are seeing a 300% return. Once phase five begins, this altcoin price will hit $0.045. With over 6m tokens already sold, experts predict another 20x surge after a Tier-1 CEX lists INTL soon.

Tron to jump on the price charts

Tron is one of the altcoins to watch as well. In the past 30 days, the price of Tron increased by around 5%, according to CoinMarketCap. At the time of this writing, this crypto coin is trading between $0.151 and $0.159.

Crypto analyst Satoshi Siren also made a bullish statement about Tron. In her X post, she foresaw a rise to $0.5 in the long run. She also said this would be a slow and steady climb, not a moonshot for the Tron crypto.

In other news, Messari revealed that Tron hit an ATH revenue of $151.2m in Q3. Because of this, experts foresee a potential rise to $0.17 before this month ends in their Tron price prediction.

Conclusion

Pepe, Intel Markets, and Tron are all altcoins to watch this October. However, market analysts are focusing on Intel Markets a lot more. This rookie has a smaller market cap than the rest. Thus, INTL needs less money to raise its price. With this advantage, experts see this newcomer as a promising altcoin to add to the portfolio.

To learn more Intel Markets, visit the presale website, Telegram and Twitter.

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It will lose to this altcoin by Dec

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A Cardano whale predicts that the ADA price may underperform against the rising altcoin RCO Finance by December 2024, stirring interest in the crypto community.

In a surprising twist, a prominent Cardano whale has made headlines with a bold ADA price prediction, suggesting it may not perform as well as a rising altcoin by December 2024. 

This speculation has sent ripples through the crypto community, especially given Cardano’s historical significance and performance. With ongoing developments in both ecosystems, investors are eager to assess which token could ultimately deliver the best returns.

ADA price prediction

Cardano is trading at approximately $0.3669, showing a slight decline of 0.12% in the last 24 hours. The current ADA price is down by an alarming 87.67% from its all-time high price of $2.98.

Technical analysis shows a short-term bullish sentiment, with a majority of technical indicators indicating a sell. The 14-day relative strength index (RSI) stands at 61.70, reflecting neutral market conditions. 

Looking at the important price levels to watch, the first major resistance level lies at $0.4067. If ADA can maintain a close above this mark, it could aim for the next resistance level at $0.4945. However, further declines may occur if it falls below the bottom support at $0.3305. 

According to current assessments, ADA will reach around $0.4168 within ten days. In the long term, analysts forecast the price of ADA could range from a minimum of $0.5114 to a maximum of $2.24 by the end of 2024.

Cardano whale believes ADA will lose to this altcoin

The whale’s assertion that ADA will lose ground to RCO Finance (RCOF) stems from the impressive growth and potential of the RCOF token, which is currently in its presale stage. The presale has entered its third stage, where the RCOF token is priced at $0.055882, reflecting a remarkable 337% increase from its initial price of $0.01275. 

As the presale progresses into its next stage, the token’s price will rise to $0.07770.

This growth trajectory indicates that RCOF could see an astonishing overall surge of 672.20% by the time the presale concludes, with an expected listing price between $0.4 and $0.6.

Such potential gains allow early investors to significantly multiply their investments once the token is publicly listed and the RCO Finance platform launches. 

The combination of a strong presale performance and the anticipation surrounding the platform’s launch suggests that RCOF is positioned for substantial value appreciation.

Why the whale believes RCO Finance will outperform Cardano

RCO Finance is the native token of a decentralized trading platform poised to revolutionize how individuals engage with the financial markets. The anticipated growth of the RCO Finance platform is expected to drive the price of RCOF substantially in the initial weeks following its launch. 

The RCO Finance platform utilizes advanced AI technologies, including an AI-powered Robo Advisor that customizes investment strategies based on users’ financial goals, risk tolerance, and market preferences. This will give users an upper hand, as it will provide users with access to strategies previously only available to institutional investors.

In addition to this personalized service, RCO Finance shall also offer access to over 120,000 assets across 12,500 asset classes, ranging from traditional stocks and bonds to cryptocurrencies and tokenized real-world assets (RWAs). 

Notably, tokenizing assets is a game-changer, allowing for fractional ownership in previously inaccessible markets like real estate and commodities. 

Furthermore, the platform has undergone thorough smart contract audits by SolidProof, an auditing firm, ensuring a secure and reliable trading environment. 

Collectively, these features could lead to a staggering increase in the price of the RCOF token, causing it to outdo established altcoins like Cardano.

Why investing in RCOF could be better than investing in ADA

Given the compelling features of RCO Finance, many investors are finding RCOF to be a more attractive investment than ADA. RCOF is not just a cryptocurrency; it embodies an entire ecosystem with multiple use cases expected to enhance its long-term value. 

Furthermore, the current surge in interest in AI projects is likely to catalyze substantial growth for RCO Finance, which could lead to astronomical increases in the value of RCOF.

RCOF’s tokenomics further solidifies its appeal. With 50% of tokens allocated for public sale and 12% locked for liquidity over three years, the structure is designed to prevent pump-and-dump schemes and maintain stability. 

Additionally, the RCOF token employs a deflationary model where unsold presale tokens are burned, further boosting its value.

As the crypto landscape continues to evolve, RCO Finance stands out as a promising investment opportunity, particularly when compared to Cardano, especially now that the ADA price is on a bearish trend.

To learn more about RCO Finance, visit the RCO Finance presale website and join the RCO Finance community.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.



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