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Cryptocurrency News Articles
Shiba Inu (SHIB) Surges 20% as Whale Investors Push for Growth. Explore Its New Projects and INTL's Presale, Providing Early Investment Opportunities
Nov 07, 2024 at 04:00 pm
SHIB is in the news again as whales have bought aggressively to push the Shiba Inu price by 20%. Such active engagement from the investors shows a fundamental
Shiba Inu (SHIB) price surged by 20% on Monday as whale investors engaged in aggressive buying. The meme coin’s price now averages at $0.000014.
According to data from Benzinga Pro, SHIB trades 176% higher over the past seven days. The last Monday, SHIB price dropped by 7% as the token shifted away from the crucial price support level. However, SHIB price later recovered last week as it surged by 10%.
The trading volume surged by 176% over the past 24 hours, with a total amount transacted nearing $1 billion at the last Monday’s price.
SHIB’s price started the 2023 trading year at an all-time low of $0.000008. Since then, SHIB price skyrocketed by 75%.
Shiba Inu Ecosystem Expanding
Shiba Inu is now preparing for the launch of its SHI stable coin and TREAT reward token. The SHI stable coin aims to counter the market swings and stabilize the SHIB ecosystem.
Meanwhile, the TREAT reward token will be effective in functionality and user engagement as it will provide users with rewards within the ShibaSwap.
Both SHI and TREAT tokens will expand SHIB’s role from a mere meme coin to something with practical value, which will eventually get the notice from serious players.
IntelMarkets AI Helps Investors Predict Trends
When it comes to the trading platforms available for crypto investors, IntelMarkets takes the lead. The platform is powered by AI trading bots, trained on over 100,000 data points for precise market forecasts and risk management. As a result, traders can easily leverage up-to-the-minute information to make trades.
Recently, IntelMarkets introduced its V1 interface, specifically designed to improve the user experience and speed of the platform. The development team has focused on optimizing the platform’s infrastructure to support a large number of transactions.
Moreover, IntelMarkets has 652+ processing nodes that help in carrying out transactions swiftly and promoting quick and effective trading for the users.
Traders can select suitable asset pairs and execute positions on the platform, which supports the Ethereum and Solana blockchains. For the convenience of investors, IntelMarkets provides both market orders and limit orders, enabling traders to choose between immediate execution or precise entry points.
Further, INTL has already raised over $1.9 million with stage 5 of its presale underway. Currently, tokens are priced at $0.04, with the next round expected to see an increase to $0.05. Being part of presale provides all investors with an early investment opportunity.
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com/
Buy Presale: https://buy.intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
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