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As doubts grow over Shiba Inu’s $1 potential, IntelMarkets gains favor for AI utilities, while Dogecoin rises, attracting investors.
As anticipation builds in the crypto space, experts are beginning to question whether Shiba Inu (SHIB) will one day reach the price of $1. Investors are currently looking for other potential candidates like Intel Markets (INTL) do the same.
Unlike the Shiba Inu coin, IntelMarkets has a better chance of reaching $1 due to its more impressive use and integration of artificial intelligence. On the other hand, the market has received a new wave of interest in Dogecoin (DOGE)and its price increased further, which attracted the attention of investors.
Shiba Inu Can’t Hit $1, Says Investor’s Paradise
A crypto analyst from Investing Haven has common a bearish forecast for Shiba Inu lovers by rejecting their goal of reaching $1 per piece. The analysis cited SHIB’s large circulatory supply of 589.26 trillion as a major obstacle.
The analyst also cited other obstacles, such as the need for massive supply consumption and real utility. Meanwhile, the Shiba Inu crypto price reduced its losses on a weekly time frame.
The memecoin has been trending upward over the past two days, in part due to the ongoing US elections. According to CoinMarketCap data, the price of SHIB increased from $0.0000165 to $0.0000195.
Meanwhile, the Shiba Inu token’s 14-day RSI moved closer to the 50 mark, signaling an upward trend. CryptoPopeye forecast the value of the meme coin may reach $0.00002156 in the coming days.
IntelMarkets, a better crypto to reach $1
Intel Markets (INTL) is gaining ground in the crypto market, reaching a new high of $0.045727. It has raised over $1.91 million and is quickly closing in on $2 million. Looking ahead, analysts predict that the value of IntelMarkets could reach $1 in the future due to its unique utility and integration of artificial intelligence.
IntelMarkets wants to become an industry leader by introducing new features that will be relevant for DeFi market traders. One such feature is self-learning AI trading robots, which monitor market changes within seconds. Unlike conventional robots, IntelMarkets’ trading robot can learn and evolve with each trade. It can also follow defined strategies and risk levels.
In addition to trading robots, Intel Markets is also flexible in its mode of operation. It can operate on the Solana and Ethereum networks, allowing the trader to opt for the network most favorable to their needs. Meanwhile, IntelMarkets has a native token called INTL, which has many uses in the platform.
INTL token holders can stake their tokens, receive passive income with high yields and create an additional line of income. AI technology, network flexibility, and passive income opportunities make IntelMarkets an effective tool for modern traders who want to enjoy a comprehensive trading experience.
Dogecoin crosses the $0.2 mark
Dogecoin has been trending upward in recent days, benefiting from positive sentiment from the US presidential election. Data from CoinMarketCap shows that its value increased by 12.0% on the weekly time frame to cross the $0.3 mark from a low of $0.145.
If the uptrend continues, the Dogecoin crypto might be able to post a new yearly high. First, Dogecoin price must break above the resistance at the $0.2288 level and reach another yearly high.
Cryptocurrency 14-day RSI is above the midline, further supporting the bulls. Hassan forecast Dogecoin token value could reach $0.33985 in the coming weeks if the uptrend continues. However, if a price decline occurs, Dogecoin could fall to the $0.1423 support level.
Final Thoughts
While the chance of Shiba Inu reaching $1 now seems more of a dream, more attention is shifting to small-cap coins like IntelMarkets. IntelMarkets has unique characteristics and growth potential, making it a good cryptocurrency to buy for future profits.
For more information, visit IntelMarkets Presale Website and join the community on Telegram And X.
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