Shiba Inu and Ripple On The Verge of Pullback as Whales Back Out; Demand For This Red Hot AI Crypto Peaks
It’s time to hold on tight to your crypto wallets, folks! Within the cryptocurrency arena lies a plot twist. This one’s got even seasoned investors holding their breath. Shiba Inu (SHIB) and Ripple (XRP) which once took the crypto world by storm, are now nearly falling off a cliff as whale investors are slipping out silently at the back door.
While these giants sneak away, a new AI-powered player has entered the arena — Intel Markets (INTL). This AI crypto is not just turning heads – it’s snapping necks with its meteoric rise in demand.
With Shiba Inu (SHIB) and Ripple (XRP) bracing for impact, can this AI-led newcomer be the phoenix rising from their ashes? Let’s dive into the details!
Shiba Inu (SHIB) Crashes: Is the Bulls’ Season Over?
Shiba Inu (SHIB) has risen to a peak of $0.000045 in March on the back of a broad meme coin boost that contributed to meme coins nearly hitting $60 billion in market capitalization. But good things don’t last forever.
SHIB has shed almost a fifth of its value in almost five months to plunge to $0.00001 on the infamous Aug 5 wipeout.
In fact, amidst this decline, there have been signs of life. Whales have been amassing SHIB, driving its price to $0.0000138 by August 20; however, the overall performance of SHIB is bearish.
Indicators are pointing toward more downside pressure, leading some SHIB holders to now consider alternative projects for investment.
Ripple (XRP) Rally Fades: Investors Cautious
Over the past week, XRP from Ripple Labs has been performing poorly. On August 9, XRP was trading at about $0.5797. XRP reached this price point following Ripple Labs’ August 7 big victory when U.S. Judge Analisa Torres penalized the company $125 million, which was less than the $2 billion the SEC had suggested.
The excitement around this announcement caused XRP to surge as high as $0.6414 before falling. By August 16, XRP had steadied at about $0.5558, representing a 1.19% weekly increase.
Furthermore, XRP’s 24-hour trading volume is up 3%, implying increased selling pressure as investors await a final decision in the Ripple Labs vs. SEC case.
Intel Markets (INTL): A Game-Changer for Retail Traders Raises $125K
With its one-of-a-kind AI-powered trading platform, Intel Markets (INTL) is poised to revolutionize trading. This cutting-edge trading platform is powered by artificial intelligence, which gives traders access to more chances and insider knowledge than ever before.
Intel Markets (INTL) is the first Enterprise-Grade AI Infrastructure designed for trading analysis and automation. It is a platform built on a unique L1 blockchain that offers exceptional complexities, generally only available to institutional investors, but retail investors may now benefit from the same cutting-edge tools and advanced methods through Intel Markets (INTL).
A public presale has just been launched by the platform after the success of its private seed round. The public presale got the same overwhelming reaction as the private seed round. The presale raised a whopping sum of over $125,000 in only a few days.
For a fantastic price of $0.018 right now, you can get the INTL token, but as the presale goes on, expect it to skyrocket.
Join the Movement:
Buy Presale
Visit Intel Markets
Join The Intel Community
Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice.
The post Shiba Inu and Ripple On The Verge of Pullback as Whales Back Out; Demand For This Red Hot AI Crypto Peaks appeared first on Times Tabloid - Latest Cryptocurrency News, Bitcoin (BTC) News, Ethereum (ETH) News, Shiba Inu (SHIB) News, Ripple's XRP News.
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