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Shiba Inu (SHIB) is struggling as its price drops below key support levels, but a new AI-powered altcoin, WallitIQ (WLTQ), is gaining momentum with a 5,500% projected increase. While the Shiba Inu price decline raises concerns, this AI token boasts a bullish outlook with its innovative technology, crypto wallet management solutions, and security features, which are drawing institutional and retail interest.
Shiba Inu Price Faces Critical Support Test Amid SHIB’s Decline
The Shiba Inu price has fallen below the $0.000015 mark, signaling a challenging phase for the meme coin. The token is now trading at $0.00001479, marking a 5.32% drop in the past 24 hours and a 7% decline over the past week. Analysts monitor key support levels, with the following zones at $0.000011 and $0.000008 for the Shiba Inu price.
Ali Martinez, a market analyst, noted that the Shiba Inu price’s recent breakdown mirrors its historical price patterns. After a peak in late 2021, the token entered a prolonged consolidation phase. A breakout attempt in early 2024 failed, leading to further losses. Martinez emphasized that a breakdown below $0.000011 could accelerate SHIB’s decline, while a strong defense at this level could stabilize the Shiba Inu price.
Despite the bearish trend, some analysts predict a possible reversal. Javon Marks pointed out that the Shiba Inu price is forming an inverse head and shoulders pattern, which could push the price toward $0.000081. However, declining whale activity, with large transactions dropping by 80% in the past 12 weeks, suggests confidence in SHIB is weakening.
WallitIQ (WLTQ) Rises As Focus Shifts
While the Shiba Inu price struggles, WallitIQ (WLTQ) is emerging as a dominant force in the altcoin market, the altcoin is the native token of an AI-driven crypto wallet management platform that is attracting attention due to its security, passive income opportunities, and trading automation. Market analysts predict that the AI token, selling cheaply at $0.0420, could surge by 5,500% in 2025 to hit $2.31, outperforming many existing cryptocurrencies.
The AI token WallitIQ (WLTQ) addresses major challenges in crypto, such as poor user experience and security concerns. The platform’s AI-powered predictive analytics tool helps traders identify profitable opportunities by processing live and historical market data. Additionally, users can stake their tokens to earn up to 180% APY, generating passive income.
The AI token is built around its AI-powered crypto wallet, which enhances user experience with advanced portfolio management tools. The crypto wallet allows users to visualize their holdings, track price trends, and execute transactions flawlessly. With the launch of its beta version approaching, excitement is growing around the project.
Unlike other cryptocurrencies that rely on speculation, the AI token WallitIQ (WLTQ) provides real-world utility. The crypto wallet simplifies crypto payments, making managing their assets easier for retail and institutional players. The platform’s Escrow Connect feature adds another security layer, ensuring that funds are safely transferred.
Why Traders Are Betting On AI Token Over Shiba
Shiba Inu’s (SHIB) market dominance has weakened as confidence has declined. The token’s large transactions have dropped by over 80%, and its price struggles to find strong support. In contrast, WallitIQ (WLTQ) is gaining traction due to its AI-powered technology, secure crypto wallet, and real-world applications.
Early holder in the AI token are positioned for major gains. The platform’s staking rewards, passive income options, and AI-driven market insights provide multiple revenue streams. Additionally, its crypto wallet enables users to track real-time prices and manage portfolios with ease.
Consequently, with a limited token supply, exchange listings on the horizon, and a cheap price of $0.0420, WallitIQ (WLTQ) is becoming a top choice for those looking beyond Shiba Inu (SHIB).
Join the WallitIQ (WLTQ) presale and community:
Website: https://wallitiq.io/
Whitepaper: https://wallitiq.gitbook.io/wallitiq
Telegram: https://t.me/wallitiqofficial
Twitter/X: https://x.com/wiqnetwork
Instagram: https://www.instagram.com/wallitiqnetwork
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece; nor can this article be regarded as investment advice. Please be aware that trading cryptocurrencies involves substantial risk as the volatility of the crypto market can lead to significant losses.