IntelMarkets Hits Bullseye as Exhausted SHIB & PNUT Traders Pump $250K Into Presale Stage 8 

IntelMarkets’ bullish trajectory has been on the radar of various exhausted investors who are hoping to find bullish coins in this session. On-chain data reveals that Shiba Inu (SHIB) and PNUT price declines have pushed the SHIB and PNUT investors to this emerging AI marvel, which is grabbing the limelight with its $5 million presale raise.

Why Is Shiba Inu (SHIB) Price Declining?

Shiba Inu (SHIB) has been experiencing a decline in price over the past few weeks. The current price is around $0.000008, which is a significant drop from its all-time high of $0.000088.

Several issues, such as market volatility, lack of acceptance, greater competition, and whale sell-offs, have contributed to the drop in the Shiba Inu (SHIB)  price. While the current situation may seem bleak, Shiba Inu’s (SHIB) loyal community and potential for future growth make it an interesting project to watch.

The savvy Shiba Inu (SHIB) investors are seen shifting to better investment options after getting exhausted from the Shiba Inu (SHIB) price slump. On-chain data reveals a shift of around $250,000 into this emerging platform- IntelMarkets.

PNUT Price Drops 10% Following Peanut’s Owner Legal Warning To Binance

According to the letter shared by the animal rights activist, Binance allegedly infringed “the intellectual property rights owned by Mr. Longo.” His legal team argues that the exchange’s use of the copyrighted photograph of Peanut the Squirrel wearing a cowboy hat and the “identical” trademark of “PEANUT THE SQUIRREL and PNUT” in the listed memecoin infringes their client’s “various copyrights and trademarks.”

The letter demanded that Binance respond to the letter by December 31st, 2024, to verify the exchange received the letter and “have ceased all infringing activity.” Moreover, Longo revealed in his post that this was the first of multiple cease and desist letters to be issued.

PNUT price faced a 10.2% dip after the news, falling from the $1.17 level to the $1.05 support in 24 hours. The PNUT price retrace drove the token near its lowest levels in over a month, worrying investors about the meme coin’s performance.

It’s worth noting that Longo has previously stated his discontent with the PNUT meme coin, accusing the crypto community of profiting from his late pet. As a protest, the animal rights activist launched a meme coin named Justice for Pnut and Fred (JUSTICE), which faced controversy over insider trading allegations.

At the time of writing, PNUT’s price is trading at $1.00, a 6.42% drop in the daily timeframe. The meme coin started the day with the PNUT price stable at $1.07. However, as the day continued, the PNUT price started declining, and the daily price chart began bleeding red. Thus, PNUT investors are shifting to INTL amid this decline.

All Eyes On IntelMarkets (INTL) After 700% Price Pump

While many of the best altcoins have underperformed Bitcoin, IntelMarkets (INTL) has been on a heater, rallying by more than 710%. While the altcoin price has surged to a high of $0.073273, experts forecast that this value may rise by 20x in the coming weeks. IntelMarkets has even overachieved in its presale, raising more than $4.9 million, and is on track to reach its goal at $7 million.

The reason for its hot performance is that IntelMarkets is transforming the $264 billion cryptocurrency trading market. With the help of advanced AI technologies, the platform will provide an opportunity for both inexperienced and experienced traders to get the best trading opportunities.

Intell-Array Multichannel Analysis is a tool that helps to analyze large amounts of information and find the best opportunities in the market quickly and easily. Trading robots are automated, self-improving, and eliminate the need for human intervention in making trading decisions.

IntelMarkets is an AI-driven trading platform with advanced tools that make it stand out from the competition. The ongoing presale is a good chance to be part of the project.

Discover More About IntelMarkets:

Presale: https://intelmarketspresale.com/

Buy Presale: https://buy.intelmarketspresale.com/

Telegram: https://t.me/IntelMarketsOfficial

Twitter: https://x.com/intel_markets