As December draws closer, several speculations are surfing on the internet regarding which crypto coin will conclude the year as one of the top gainers, while PEPE and Shiba Inu (SHIB) stay in the competition arena, a new player has also joined them, named IntelMarkets (INTL). This coin is aiming for even bigger gains of up to 200x, let’s see why!
PEPE Breaks Out! Can This Rally Hit New Highs?
Market data reveals that the Pepecoin (PEPE) price has finally broken through the top limit of the descending triangle pattern at the $0.00001013 barrier to the current price. Now that the primary indicators are showing bullish momentum, the PEPE price bulls are aiming for a new barrier higher above.
The uptrend is confirmed by PEPE’s current trading above the 50-day and 200-day Simple Moving Averages (SMAs). Further solidifying the overall bullish outlook, the 50-day SMA is now moving on to the 200-day SMA<, which might create a golden cross in the days ahead.
The 1-day chart’s 70-overbought area is currently being approached by the Relative Strength Index (RSI). This suggests that buying pressure is increasing at this level, which may cause Pepecoin’s (PEPE) price to push into the next resistance zone.
Given that it has now surpassed the upper border of the descending channel, the PEPE/USD chart analysis signals that the Pepecoin (PEPE) price is currently primed for a bullish run. The price of PEPE is now on a bullish trajectory, according to the main indicators, such as the RSI and MACD, which might potentially drive Pepe higher.
If the present trend continues, PEPE’s price may continue to rise as bulls aim for the next resistance level, which is $0.0000140.
Shibarium’s Full Capacity Surge – What it Means for SHIB Price
Following several challenging months, Shiba Inu’s (SHIB) Shibarium is now operating at almost full capacity. Shibarium users increased from 4.21 million to 4.75 million in the past week. With more than 466 million transactions, Shibarium has reached unprecedented operational heights.
These figures point to a rise in Shiba Inu (SHIB) utility, signaling a price hike by the end of 2024. Shiba Inu (SHIB) has increased by 12% in the past month and is now trading at $0.00001918.
According to statistics from Coinmarketcap, 88% of voters are optimistic about the project’s future, even though Shiba Inu (SHIB) is now trading 78.65% below its prior highs.
Why IntelMarkets Is Touted as the Next Big 200x Crypto Star
IntelMarkets (INTL) is an upcoming trading platform that is leveraging the power of AI to integrate with blockchain technology. This translates into a trading platform that has extraordinary features and capabilities that traders wouldn’t have even thought of.
These features include but are not limited to dual-chain trading platforms, multi and omnichannel trading systems, up to 1000x leverage, AI-powered robots, wider market access, and a lot more. These features will change the perspective of trading forever.
The dual-chain trading feature allows users to trade either on Solana or Ethereum blockchains as per their feasibility. Whereas, its AI-powered trading robots will be the game-changer for the trading world, as it is armed with the ability to read multiple markets for multiple assets simultaneously, fetching you precise, accurate, and most recent data.
This platform has traders all around the globe on their toes, and they are looking forward to its official launch. The platform is currently in its presale stage 5, which already raised over $2M in a very short time. Offering each INTL token for a mere $0.04, this presale is being called a cheap deal for a project that is all set to deliver 200x gains in the coming December.
Discover More About Intel Markets:
Presale: https://intelmarketspresale.com/
Buy Presale: https://buy.intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
The post Whales Hooked By PEPE Pumping Ahead of SHIB—But Will December Belong to This Viral AI Altcoin With 200x Upside? appeared first on CoinChapter.
