The performance of crypto tokens fluctuates over time, shifting between bullish, neutral, and bearish trends. Since this year, Shiba Inu’s (SHIB) performance has been mostly bearish and investors are beginning to migrate to better performing tokens like POPCAT, which has the potential to bring them substantial returns.
On the other hand, the crypto community has labelled Intel Markets the “AI Dark horse” due to its cutting-edge Quantum Proof innovation and attractive earning opportunities presented with its ongoing presale.
Investors Migrate To Other Memecoins Amid Shiba Inu’s (SHIB) Decline
From trading around $0.00001034 at the start of the year, Shiba Inu’s (SHIB) price surged 300% to levels around $0.00003592, marking a YTD all-time high, at the time.
While analysts predicted a brief consolidation phase and another price rally after, the Shiba Inu (SHIB) price instead continues to decline, witnessing only 14 green days in the last 30 days.
With a 0.64% increase in the last 7 days, the token is trading 80% below its ATH. As the year nears its end, Shiba Inu (SHIB) investors are reassessing their investments and migrating to better performing memecoins like POPCAT.
Investors Flock To POPCAT As It Hits A Second ATH In October
Despite being a new memecoin launched this 2024 amongst several established memecoins in the crypto market, POPCAT is attracting investors with its impressive market performance, which suggests it has potential for further growth.
POPCAT’s price increased by 88.63% in the last month and it continues to maintain a bullish price sentiment. POPCAT hit an all-time high on Oct 7, and a new ATH at $1.55297, 6 days later, on Oct 12.
However, the token has become quite volatile and has slightly retraced, but it still remains bullish, trading above the $1.35 zone. POPCAT’s trading volume has also increased by 16%, reflecting high market activity.
IntelMarkets Gains The Spotlight With Its Quantum Proof Innovation And Ongoing Presale
The developments of cryptographically relevant quantum computers and the exponential growth in computing power has put the security of all major blockchains at risk. It is for this very reason that Intel Markets (INTL) came into the limelight.
Its latest research initiative—the Route X21 initiative, funded with a $1 Million grant from Intel Markets’ partners at the MENA region was designed to tackle the $1 trillion challenge, which questions the survival of the decentralized world, a challenge faced by the entire crypto industry.
Intel Markets is developing a Quantum-Proof Ledger (QPL) to ensure that the future of blockchain systems is protected from the leaps in Quantum technology, preventing essential security protocols from getting compromised. Thanks to its team of geniuses with previous associations with Google, Open AI, and Renaissance Technologies, among others, Intel Markets provides users with advanced trading features.
This includes the Rodeum AI trading bot, access to restricted trades, and over 1000x leverage options, that ensure users have a seamless trading experience. Intel Markets ongoing presale also presents further earning opportunities because with as little as $0.0274 per INTL token in its current stage 3, investors can get up to 5000% returns. And the best part? You will enjoy an extra 50% entry bonus for signing up!
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The post Intel Markets Labelled “AI Darkhorse” After Quantum Proof Innovation – Why Are Shiba Inu Holders Switching to Other Memecoins appeared first on Blockonomi.