New coin explodes 700% as Shiba Inu and Ripple prepare to pump prices amid deflation

Analysts expect Shiba Inu and Ripple prices to rise despite market decline, while the new coin achieves a staggering 700% rise.

The cryptocurrency market has seen a sharp correction after its strong bull run that began in November. This downward trend has affected the prices of Shiba Inu (SHIB) and Ripple (XRP). However, analysts expect their prices to rise in the coming weeks.

SHIB could rise to $0.0004729 while XRP could rise to $2.78. Meanwhile, DeFi cryptocurrency, Intel Markets It has risen by 700% over the past few months. Experts say its value could rise 10-fold once SHIB and XRP investors join the train.

Shiba Inu declines but analysts remain optimistic

Shiba Inu It has seen a significant price correction over the past few weeks. Data from CoinMarketCap shows that the price of the Shiba Inu has fallen by 16.8% on the weekly time frame. Losses also extended to the bi-weekly and monthly levels, where prices fell by 23.0% and 3.1%.

The value of the meme coin is consolidating between $0.00002364 and $0.00002887 on a weekly level. Despite the decline, analysts maintain a bullish stance on the Shiba Inu cryptocurrency. Crypto Sheriff believes that SHIB price could rise above its current record high of $0.00008654 this cycle.

Also, another CryptoELITES analyst pointed out a cup and handle formation on the weekly chart. According to him, the potential breakout could push the Shiba Inu price in US dollars to $0.0004729. Such a rise would erase zero of the token’s current value.

The investor provides targets for XRP

Cryptocurrency investor Armando Pantogo set his price target XRP. According to him, the price of Ripple could rise to $3.87, and then rise sharply to $8 in the coming weeks. FOMO is expected to rise sharply when the price of Ripple rises to between $10 and $12.

In another tweet, the cryptocurrency investor highlighted some of the key factors that could drive up the value of the Ripple token. One of them is the potential approval of XRP ETFs which could happen next year. The other factor he mentioned was the end of the dispute between Ripple and the US Securities and Exchange Commission.

Currently, Ripple price is consolidating between $2.27 and $2.70 on the weekly time frame. The price of the cryptocurrency fell by 1.2% at this level but its technical indicators, the 14-day RSI, are still bullish.

Intel Markets is making waves with its ongoing Initial Coin Offering (ICO).

Intel Markets It is now in its eighth pre-sale stage. Its price has risen by more than 700% to the current price of $0.073273. With the project raising an impressive $5 million from pre-sale, industry experts are bullish on INTL and believe it is among the best cryptocurrencies to invest in heading into 2025. The core of Intel Markets is its unique trading bots based on Rodeum AI.

These robots can study market behavior patterns and learn from previous traders to improve their trading strategies. Combined with the Intelli-M multi-channel analysis tool and Intel-Array monitoring system, traders receive comprehensive real-time market data that enables them to quickly seize new opportunities and adapt to market changes very quickly.

In addition, Intel Markets provides users with a dual-chain platform. They can choose either Ethereum or Solana blockchain. This dual-chain approach not only improves flexibility, but also helps Intel Markets perform trade settlements 500 times faster than Starknet, improving the trading experience for its users with high speed and efficiency.

Final thoughts

While Shiba Inu and Ripple brace for potential price increases, Intel Markets is attracting attention with its stunning 700% increase. This DeFi coin has caught the attention of users, which is an indication that it could be the next giant in the cryptocurrency market. As investors are always looking for high growth opportunities, Intel Markets can be considered a strong contender for high returns in the future.

To learn more about Intel Markets, visit Pre-sale website, cableand twitter.