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Cryptocurrency News Articles
IntelMarkets (INTL) Outshines NEAR and SHIB as the AI-Oriented Trading Technique Takes the Spotlight
Oct 18, 2024 at 04:00 pm
Established crypto traders and newcomers to the market are often confronted by a plethora of coins and platforms, which can make the сhoice of the
As a new investor in the cryptocurrency market, you will be overwhelmed by the vast number of coins and platforms available. However, some coins are quickly gaining popularity among new investors who are using the AI-driven trading method, and IntelMarkets (INTL) is one of them in 2024. This AI-powered platform is strongly competitive, enabling it to outshine popular altcoins like Near Protocol (NEAR) and Shiba Inu (SHIB), leading investors to question whether IntelMarkets can enhance their portfolio.
Shiba Inu (SHIB): Hype And Current Position
The Shiba Inu coin (SHIB) entered the cryptocurrency market in 2021 as a meme coin, but it quickly caught the attention of investors. At its peak in 2021, SHIB reached $0.000088, bringing massive gains to early investors who followed its rise. But as we know, meme coins are characterized by hype, which was bound to correct itself, and now SHIB trades around $0.0000178.
While SHIB had an explosive entry, its recent performance is lackingluster. As the market volatility increases, meme coins tend to depreciate significantly more than utility-based assets. Of course, SHIB has a dedicated community, but its recent price drop of over 90% from its all-time high suggests limited growth opportunities for those who opted for the decreasing prices.
Near Protocol (NEAR): A Capable Network But Facing Market Resistance
Near Protocol (NEAR) stands out for its efficient technological capabilities, especially for decentralized applications (dApps). As a blockchain platform, NEAR has gained appreciation for its energy-efficient consensus mechanism and developer-friendly interface. In January 2022, NEAR reached an all-time high of around $20.42, showing its appeal to investors who are looking at sustainable blockchain alternatives.
However, despite its strengths, NEAR’s price is now facing a significant drop from its peak, trading at a price of $5. Even though it continues to gain institutional attention and development activity, NEAR’s growth is being hindered by the fluctuations in the broader cryptocurrency market. While it remains as a capable blockchain provider, the slow recovery to former highs for NEAR showcases the ineffectiveness of largely community-driven projects without any innovative disruption before the arrival of more advanced AI-driven competitors.
Why IntelMarkets (INTL) Outshines NEAR And SHIB
IntelMarkets (INTL) is stepping into the market with a modern approach to crypto trading, combining artificial intelligence (AI) and blockchain technology. What sets IntelMarkets apart is the application of AI to its trading system, where a trader will be provided with the highest possible quality of insights, analytical tools, and trading strategies, powered by the most comprehensive research and top-of-the-line intelligence.
Now, unlike earlier players in the market, such as NEAR and SHIB, which are already facing market corrections and competition, IntelMarkets is presenting itself as a unique option as it integrates AI into everything to create an intelligent trading process that is heavily data-driven.
Primarily, what makes IntelMarkets unique is that it has an ongoing presale opportunity, which has already raised over $1.3M. With the low price of $0.027, INTL has the potential to rise and outpace earlier projects like NEAR and SHIB.
Join the AI-DeFi Revolution
For those who are looking to diversify or improve their current investment portfolios, IntelMarkets can serve as an effective bridge from technology to profits, and the potential for high returns that once successful past projects NEAR and SHIB will not be able to provide any further.
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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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