The loud buzz around memecoins like BONK and Shiba Inu (SHIB) is now fading as what once attracted investors no longer seems as appealing. So, Investors are now looking beyond these meme-driven tokens and seeking more solid projects for their investments like IntelMarkets (INTL).
This platform offers a reliable way to protect and grow traders’ assets. With its tools like perpetual futures contracts, it protects you against risk while making decisions based on solid analysis, not just speculation.
Continue reading to learn more!
BONK Sees Sharp Drops as Memecoin Craze Weakens
As of January 11, BONK is consolidating between the $0.000027 and $0.000028 levels after a rough 30-day average, showing over 25% dip in price. Additionally, with over 30% drop in trading volume in the last 24 hours, the token reflects a declining trend.
Also, BONK has hit a bearish patch, with its price dropping 7.2% after a big token-burning event. While it aimed to boost the token’s value by reducing supply, the impact hasn’t mirrored the success of similar past efforts.
Source: CoinMarketCap
Now BONK’s market cap sits at just above $2.00 billion, significantly lower than its peak of $4.38 billion in November. Whether BONK can regain trust and compete with its rivals will depend on how it handles these challenges moving forward.
Shiba Inu (SHIB) Struggles to Sustain Momentum in a Crowded Market
Shiba Inu (SHIB) is continuously under pressure, trading at $0.000021 after losing around 20% of its value over the past month. For now, Shiba Inu (SHIB) has found support at $0.000020, rebounding minimally in recent trading. Technical indicators suggest Shiba Inu (SHIB) may remain range-bound between $0.000020 and $0.000022 until fresh catalysts emerge.
Source: CoinMarketCap
Moreover, recent whale activity, with 1.6 trillion Shiba Inu (SHIB) tokens ($39 million) moved to private wallets, suggests strategic accumulation. However, the heavy concentration of around 57% of tokens in just five wallets raises concerns about Shiba Inu (SHIB) price volatility.
While risks remain, whale accumulation and the upcoming TREAT launch may provide a foundation for SHIB’s next move.
IntelMarkets(INTL) Takes the Lead in the New Wave of AI-Powered Altcoins
IntelMarkets is quickly becoming a standout option for traders for those seeking smarter, data-driven solutions. Its features are designed to meet the needs of both seasoned investors and newcomers looking for reliable solutions. For example, its 1000x leverage lets users turn small investments into significant profits.
Also, while the risks are substantial, IntelMarkets (INTL) comes with built-in risk management tools to help users minimize losses and trade responsibly. It offers access to exclusive trades typically reserved for high-net-worth individuals. Insiders believe this feature could level the playing field for everyday traders.
Additionally, IntelMarkets (INTL) supports diverse asset pairs, letting users trade major coins like Bitcoin and Ethereum alongside smaller altcoins. Its dual-chain setup on Ethereum and Solana gives users more flexibility in choosing their preferred blockchain.
Moreover, it also integrates AI-powered automation and offers self-learning trading robots and the proprietary Intell-M system. These features analyze thousands of data points to execute trades and refine strategies over time, saving investors time and effort.
As of now, IntelMarkets‘ presale is performing strongly, raising over $6.5 million with tokens priced at $0.08 which will rise in the next stage to $0.09. Experts believe this growth reflects its potential to lead the AI-powered altcoin space, providing traders with tools they can trust and features that deliver. For those seeking a smarter way to trade, IntelMarkets looks like a platform built for the future.
Final Words:
Memecoins like BONK and Shiba Inu (SHIB) are losing their appeal as traders are tired of the risks and volatility. With performance slipping, it’s becoming clear that hype alone isn’t enough to keep investors interested.
IntelMarkets is emerging as a top contender to fill the gap. With tools like dual-chain setup and AI-powered automation, it offers a smarter and more reliable way to trade and an alternative to fleeting trends.
Discover More About IntelMarkets:
Presale:https://intelmarkets.io/
Buy Presale: https://buy.intelmarkets.io/
Telegram: https://t.me/IntelMarketsOfficialÂ
Twitter: https://x.com/intel_markets
