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Home»TRADING NEWS»New coin explodes 700% as Shiba Inu and Ripple prepare for price rise amid recession.
TRADING NEWS

New coin explodes 700% as Shiba Inu and Ripple prepare for price rise amid recession.

By Crypto FlexsDecember 20, 20244 Mins Read
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New coin explodes 700% as Shiba Inu and Ripple prepare for price rise amid recession.
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Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only.

Analysts are predicting a surge in the price of Shiba Inu and Ripple despite the market downturn, with the new coin delivering an impressive 700% rise.

The cryptocurrency market has witnessed a sharp correction following a strong bull market that began in November. This decline affected the prices of Shiba Inu (SHIB) and Ripple (XRP). Nonetheless, analysts predicted prices could rise in the coming weeks.

SHIB could rise to $0.0004729 and XRP could rise to $2.78. Meanwhile, Intel Market, a DeFi cryptocurrency, has risen 700% in the past few months. Experts say that if SHIB and XRP investors join, its value could surge tenfold.

Shiba Inu has declined, but analysts are optimistic.

Shiba Inu has experienced a huge price correction over the past few weeks. Shiba Inu prices fell 16.8% during the week, according to data from CoinMarketCap. Losses also extended to bi-weekly and monthly levels, with price declines of 23.0% and 3.1%.

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

Additionally, another analyst, CryptoELITES, cited a cup-and-handle formation on the weekly chart. According to him, a potential breakout could push the Shiba Inu price up to USD 0.0004729. This rally will erase zero from the current value of the token.

Investors Offer Goals for XRP

Cryptocurrency investor Armando Pantojo explained his price targets for XRP. According to him, the price of the Ripple coin could surge to $3.87 and then to $8 in the coming weeks. He expects FOMO to rise sharply once the Ripple coin price rises between $10 and $12.

In another tweet, the cryptocurrency investor highlighted several key factors that could increase the value of the Ripple token. One of them is the potential approval of the XRP ETF, which could occur next year. Another factor he mentioned was the end of the rift between Ripple and the US SEC.

Currently, the Ripple price is consolidating between $2.27 and $2.70 on a weekly basis. The cryptocurrency price is down 1.2% from this level, but the 14-day RSI, a technical indicator, remains strong.

Intel Markets is making waves in the ongoing cryptocurrency ICO.

Intel Markets is currently in its eighth pre-sale phase. The price has risen more than 700% to the current price of $0.073273. With the project raising $5 million in pre-sale, industry experts are optimistic about INTL and believe it is one of the best cryptocurrencies to invest in in 2025. The heart of Intel Markets is the unique Rodeum AI-powered trading bot.

These bots can study market behavior patterns and learn from past traders to improve their trading strategies. Combined with Intelli-M multi-channel analysis tools and Intel-Array monitoring systems, traders receive comprehensive, real-time market data that allows them to quickly spot new opportunities and adapt to market changes at a rapid pace.

Intel Markets also provides users with a dual-chain platform. You can choose 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 users’ trading experience quickly and effectively.

final thoughts

As Shiba Inu and Ripple prepare for potential price increases, Intel Market is attracting attention with a whopping 700% increase. This DeFi coin has captured the attention of users, indicating that it could become the next big coin in the cryptocurrency market. Since investors are always looking for high-growth opportunities, the Intel market can be considered a strong contender for future high returns.

To learn more about Intel Markets, visit our pre-sale website, Telegram, and Twitter.

Disclosure: This content is provided by a third party. crypto.news does not endorse any products mentioned on this page. Users must conduct their own investigation before taking any action related to the Company.

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