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Breaking News: Bitcoin Price Falls Under $100,000: Elliott Wave Analysis Forecasts Decline To $70,000
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Breaking News: Bitcoin Price Falls Under $100,000: Elliott Wave Analysis Forecasts Decline To $70,000

Shiba Inu (SHIB) Targets New Peak But This New Altcoin Could Offer Higher Returns, Faster Than TRON (TRX)

NewsBTC
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Last Updated: October 24, 2024 5:30 am
3 mins read

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The coming weeks will see many top altcoins register new peaks. So, buckle up. With current market conditions similar to the calm before a storm, there might not be a better time to position well. Shiba Inu (SHIB), the top Ethereum memecoin, is on track for a new all-time high, placing it on investors’ radars.

However, IntelMarkets (INTL), a new AI altcoin, promises more gains. Besides its bullish narrative, it boasts solid fundamentals—an AI-powered trading platform. With indicators pointing toward explosive growth, it is quickly becoming a top pick ahead of TRON (TRX), one of the top crypto coins.

IntelMarkets (INTL): Promising More Gains

IntelMarkets (INTL) is the latest investor favorite for several reasons. Unlike top coins like Shiba Inu (SHIB) and TRON (TRX), it has more room for growth given its low market cap. At the same time, its AI-powered trading platform and impending transformation of the crypto trading scene make it a new DeFi project to watch.

Gearing up to shake the crypto landscape, its trading platform and ecosystem will be powered by an AI-based blockchain. It will be the first exchange protocol to feature trading robots trained on over 100,000 data points. It will stand out even more due to its dual-chain architecture, which will support and allow it to run on the Ethereum and Solana blockchains.

Its AI-powered trading platform will put it at the forefront of the $36 billion global crypto trading market, rightfully hailed as the future of trading. In the fourth stage of its ICO, its upside potential is largely unmatched. A token costs only $0.036 and considering the projected 65x rally after its debut, it is one of the best cryptos to invest in.

Shiba Inu (SHIB): The Leading Ethereum Meme

Shiba Inu (SHIB) is a top meme, leading the Ethereum memecoin charge. In the wider meme scene, it sits behind Dogecoin (DOGE), ranking as the second-largest memecoin. Since debuting in 2020, the dog-themed cryptocurrency has become a force to be reckoned with.

Following a rekindled interest in memecoins, Shiba Inu (SHIB) skyrocketed. The Shiba Inu price jumped over 20% in the monthly timeframe. It retails above $0.000017, with its low price one of its many appeals.

With further gains on the horizon, it is on track to match or surpass its 2021 performance, when it recorded an all-time high of $0.000088. A bullish Shiba Inu price prediction suggests a new all-time high in the coming weeks—an altcoin to watch out for.

TRON (TRX): A New ATH?

The Layer-1 blockchain TRON (TRX) supports smart contracts and dApps. It acts as an alternative to Ethereum, built to create a decentralized Internet. Amid rising interest, it has become a top altcoin, ranking among the top 10 cryptos.

Its rapidly growing ecosystem has become a subject of much interest. Following the launch of SunPump, a memepad, meme enthusiasts and degens have been flocking to the TRON (TRX) ecosystem, betting on their favorite memecoins. As expected, this fueled its last big jump—a yearly high of $0.166 in August.

The TRON price today hovers around $0.16. Less than 50% from its 2018 all-time high of $0.3, it is on track for a new peak before the year’s end, placing it on the list of the best coins to invest in.

Conclusion

As Shiba Inu (SHIB) races to a new all-time high, IntelMarkets’ (INTL) upside potential outshines it and TRON (TRX). As a low-cap gem, it has plenty of room for growth—one of its biggest attractions. This contributes to the over $1.5 million raised in the ongoing presale.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

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