Cardano (ADA) and Shiba Inu (SHIB) Whales Signal Discontinued Interest as New “Cardano Alternative” Emerges

As 2024 nears its end, recent developments in major tokens like Cardano (ADA) and Shiba Inu (SHIB) have piqued investor interest.

As 2024 nears its end, recent developments in major tokens like Cardano (ADA) and Shiba Inu (SHIB) have piqued investor interest. SHIB whales have started moving $2.4M in other promising altcoins with huge upsides. What analysts call the “Cardano alternative” has emerged as an attractive option, offering revolutionary technology, low entry prices, and projected massive returns.

Cardano (ADA): Bullish Momentum Settles, Down 13%

Since its launch in 2017, Cardano (ADA) has been a pioneer in blockchain technology. Pioneering the Ouroboros protocol, ADA is known for its energy-efficient Proof-of-Stake mechanism. It also boasts a scientific approach to blockchain technology, emphasizing security, scalability, and sustainability. Additionally, ADA is renowned for its support of dApps. It hit its ATH of $3.10 in September 2021.

However, ADA's recent performance tells a different story. Fueled by general market bullish momentum, ADA did manage to rise to $1.15. But as this momentum is slowing down, Caradno's price has been seeing a slight downturn. Some of the reasons for this include competition from newer projects and a saturated Layer-1 blockchain market. However, Cardano's focus on scalability and governance will ensure it remains relevant.

Shiba Inu (SHIB): Whales Signal Discontinued Interest

Launched as a meme coin, Shiba Inu reached its all-time high in October 2021, when it traded for $0.00008845. Known as the “Dogecoin killer,” SHIB made its name a cultural phenomenon among crypto enthusiasts. Shiba Inu is also known for the many stories of overnight made millionaires out of its supporters.

Shib has seen some upside following the US election results and is currently trading at $0.000022, a 40% increase from last month. However, as the momentum seems to subside, SHIB struggles to keep up this performance. Reflected in the 6% decrease in price and a 10% decrease in market cap, many investors have questioned its further upside potential.

SHIB's ongoing ecosystem developments, such as the Shibarium Layer-2 network, offer some utility beyond its meme origins. However, its massive supply and speculative nature limit its ability to achieve the same astronomical gains seen in its early days. Recently, large SHIB whales have scooped up their assets and bought $2.4 million worth of tokens in this promising altcoin, indicating their doubts about further SHIB growth.

IntelMarkets (INTL): A Revolutionary Alternative

IntelMarkets (INTL) is quickly emerging as a game-changer in the crypto market. Unlike ADA and SHIB, INTL has no previous history of bull runs. This, together with its low market cap and high upside potential, prompted these whales to look into it. Some of its key features include:

With over $2.4 raised in the presale, INTL has enjoyed enormous investor interest. As it gears up for launch, experts are predicting a 10,000% surge. Get on board INTL before the next price increase.

Key Takeaways

Cardano and Shiba Inu have had their moments in the spotlight, but their growth potential is limited. Unlike ADA and SHIB, IntelMarkets (INTL) has no previous bull run history, boasts a low market cap, and is priced attractively for new investors. Moreover, IntelMarkets, with its innovative AI-DeFi offering, provides an unparalleled opportunity for investors seeking to achieve life-changing gains. With a projected 10,000% upside, INTL should be on every investor's watch this Christmas.

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