Utility Altcoin Hunt Is Over: Shiba Inu Traders Pick AI Gamechanger IntelMarkets Over Floki Inu Hype
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/IntelMarkets/ – There appears to be waning excitement over the Shiba Inu (SHIB) and Floki Inu (FLOK) tokens, as a growing number of crypto traders look for coins with practical use. While the Shiba Inu team is making efforts to expand its ecosystem, the hype around Floki Inu is quickly disappearing and many investors are turning to other projects such as IntelMarkets – an up-and-coming AI-based platform.
IntelMarkets, an AI-driven platform, is rapidly taking over the horizon of Floki Inu (FLOK). It is drawing in traders who care about long-term returns rather than quick, risky bets. Its AI tools assist in decision-making, therefore distinguishing it from coins in the meme category that depends on superficial excitement.
Shiba Inu (SHIB) Is Shifting from Meme to Utility
Shiba Inu (SHIB) is evolving beyond its meme coin roots. Launched in 2020, it gained early attention as a Dogecoin copycat but quickly distinguished itself. The decision to burn 40% of its supply — after sending tokens to Ethereum co-founder Vitalik Buterin — increased credibility and scarcity.
Now, Shiba Inu (SHIB) is building utility. It is an ERC-20-operated token whereas ShibaSwap, a trading and staking platform has been launched. Work is being done on an NFT watch and plans to implement a decentralized autonomous organization. Analysts view this as a strategy that is aimed at ensuring the sustainability of Shiba Inu (SHIB).
Nonetheless, the price action narrates a different story. As of October 2023, Shiba Inu (SHIB) is priced at 0.00001806 which is a decline of 23 percent in the last 30 days. Experts point out that although the trading volume remains high at $10.64 billion, there have been no significant price movements.
Regardless, Shiba Inu (SHIB) investors are on alert. Given that there is a total offering of 589.27 trillion tokens, the Shiba Inu (SHIB) prospects will be determined by its ability to fulfill these utility expectations. For the time being, however, investors are risk-on with hopes of inspiration at a later date.
Floki Inu (FLOK) Hype Faces a Reality Check
Once a hype-fueled token supported by an ardent community, Floki Inu (FLOKI) is now experiencing turbulent times. Much like the Shiba Inu craze, it was able to create an ecosystem that featured a blockchain game called Valhalla and other NFTs as well as cryptocurrency educational platforms. Still, those complex and interesting businesses cannot keep the Floki audience engaged anymore.
The Floki Inu (FLOK) price at present is $0.000148, significantly lower than the price of $0.0003462 reached in June 2024. The price recorded a decline of 12.89% in the last month and continues to exhibit bearish tendencies. Analysts also note the low momentum in the market, with support structures being placed at $0.0001491 and little movement being made to break Floki Inu (FLOK) toward the resistance levels.
Admittedly experts predict that without a new strategy or improved developments, Floki Inu (FLOK) will have trouble restoring its lost thrill that it had some time back. The token meanwhile is fighting a losing catch up with the enthusiasm.
Moreover, as the momentum builds for Floki Inu (FLOK), traders are looking at other projects that actually deliver economic value. For those wanting something more dependable than meme coin hype, IntelMarkets and its AI-driven tools that help users make better trades are becoming a popular choice.
IntelMarkets AI Gamechanger Attracts Smart Traders
IntelMarkets is attracting attention for its AI-powered trading tools that aim to give traders an edge over traditional meme coins like Floki Inu (FLOK). Unlike Floki, IntelMarkets focuses on providing practical solutions with its AI-driven platform. This platform uses machine learning to analyze market trends and automate trading options that can adjust based on real-time data.
With its dual-chain technology, traders can trade across both the Ethereum (ETH) and Solana (SOL) with speed and security. IntelMarkets (INTL) also offers high leverage — up to 1000x — to traders to amplify positions while reducing risk through automated safeguards. Additionally, AI trading bots improve with each trade as they learn from past mistakes and optimize strategies over time.
With over $1.52M raised by the third stage, analysts predict a 10x growth in token value upon its full launch. At the current stage, the token is priced at $0.036545, with projections of significant value increases after each stage.
Experts believe that IntelMarkets could outperform established tokens due to its AI-driven features and enterprise-grade analytics. Now it’s appealing to traders looking for substance over speculation.
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