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AI-Driven Trading Platform Disrupts Crypto Status Quo, Threatens Chainlink & Shiba Inu Dominance

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2024-09-07 15:05:13778browse

The Oracle platform Chainlink has signed a new partnership with Suho.io to introduce tokenized assets. Also, the Shiba Inu community has decided to store the

AI-Driven Trading Platform Disrupts Crypto Status Quo, Threatens Chainlink & Shiba Inu Dominance

Chainlink has announced a new partnership with Suho.io to introduce tokenized assets. The collaboration will see both firms work together to investigate the use of CBDC in the Asian digital economies.

The partnership will initially focus on introducing Chainlink CCIP in the Korean financial market to enhance cross-chain interoperability. Additionally, Chainlink’s Proof of Reserve will be used to verify the pre-paid settlement reserves and verify financial transactions.

Despite the news, the Chainlink price continues to trade below the 50-Day SMA ($11.89) and 200-Day SMA ($15.35). Its trading volume has been ranging between $190 million and $400 million in the past month.

However, experts believe the value of the Chainlink token could rise when market sentiment improves.

IntelMarkets Brings AI Technology to the Perpetual Futures Market

With the daily turnover in the perpetual futures market averaging $101.9 billion in 2022, the entry of IntelMarkets into the space is bound to turn heads.

The project aims to revolutionize the cryptocurrency trading market by offering an advanced AI trading tool to traders in the perpetual futures market.

With the use of AI technology, IntelMarkets will be in a position to take over the market within no time at all.

The platform will offer a wide range of trading instruments and features like copy trading, 1000x leverage, customized charts, and more.

Additionally, IntelMarkets has an AI-powered automated trading bot and copy trading for the investors, enabling them to gain profits.

These tools also help the traders to monitor the price changes and the charts.

Among the experts in the market, IntelMarkets is being touted as the best presale out there in the market today.

Shiba Inu Community Decides on 37.5 ETH

In other news, the Shiba Inu (SHIB) community has decided to move the 37.5 ETH gifted to them into a multisig wallet, which is managed by the community members.

The DAO vote, which began on August 29, saw four options being offered: locking the funds in a multisig wallet, transferring the ETH to burn it and converting it to Shiba Inu coin, etc.

The first option to secure the funds got the highest approval, with more than 78 billion SHIB votes in support of the decision.

Meanwhile, the Shiba Inu price prediction looks bearish at the moment.

Data from CoinMarketCap shows the value of Shiba Inu crypto has dipped on weekly and monthly timeframes.

Trading volume has been between $120 million and $400 million in the last month. The memecoin must cross the 50-Day SMA ($0.00001502) to start an uptrend.

Can IntelMarkets Surpass the Growth of Shiba Inu, Chainlink in 2024?

As a trading platform built to be the future of crypto trading, IntelMarkets has caught the eye of investors.

Its flagship AI bot, which boasts high profitability rates on trades, is among the reasons it could compete with top centralized exchanges like Binance for users.

In the first few weeks of its presale, the project has raised over $230k and is on track to hit $1 million by the end of September.

Due to the anticipated adoption, analysts see its native INTL token outperforming LINK and SHIB in 2024.

Discover More About Intel Markets:

Website: https://intelmarkets.io

Presale: https://presale.intelmarkets.io

Telegram: https://t.me/IntelMarketsOfficial

Discord: https://discord.gg/intelmarkets

Twitter: https://twitter.com/IntelMarkets

Disclaimer: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

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