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When historical price rallies are being talked about, it's almost impossible to not mention Pepecoin's rally in 2023. While many investors made fantastic profits from PEPE, a few others lost out on the price surge. For those who lost out on the price surge, analysts have suggested an investment in a specific AI presale altcoin as the best way to redeem losses.
According to analysts, this AI altcoin will surge over 10,000% when it lists. Want to know how to profit from the potential hype? Read on!
According to data tracker CoinGecko, Pepecoin witnessed a substantial rally of over 7000% in 17 days after its launch on April 16, 2023, hitting a market value of $1.8 billion by May 5. Remarkably, PEPE’s overall trading volumes jumped to $2.6 billion in the first week of May from $408,000 it had hit the last week of April.
Since then, the price of PEPE has grown exponentially, rising over 1,200% in the past year. However, it has recently declined, dropping by over 20% in the past week to the $0.00000953 level. As a result, PEPE's market cap also declined, as it now sits at $4.1 billion from an all time high of $11billion. This decline results from whale sell offs.
Recent on-chain analysis reveals that a PEPE whale recently sold off 500 billion Pepecoin tokens, turning his $3000 investment into $51 million. A few other whales have been reportedly selling off relatively small holdings, totalling 42 billion PEPE worth $381 million transferred from Binance.
Analysts observe that the sell-offs of PEPE whales in recent times are mostly due to taking profits off the token's fantastic growth since its launch. From recent news, Pepecoin recently received a major listing on bitFlyer, increasing its reach into Asian markets. Analysts anticipate this news could trigger a price rebound for PEPE in the next days.
Meanwhile, attention has also become focused on a specific AI presale altcoin, namely INTL. According to analysts, INTL has the potential for a price rally even more spectacular than Pepecoin's in 2023. INTL is the native utility token of IntelMarkets, an innovative DeFi trading platform that focuses on its suite of self-learning, AI-powered risk management tools and bots.
These bots intend to make a trading experience sublime for the user. Above this, there's IntelMarkets committed to investors' assets' safety. They run a consistent audit on its smart contract. In addition to this, its KYC verification comes directly from Codeum. Also, there's ease to trade in that their user-intuitive interface coupled with easy accessibility.
Currently in its presale stage 9, purchasing INTL tokens grants holders the opportunity to become shareholders and be actively involved in the governance and decision-making processes of the IntelMarkets ecosystem. In addition, holders enjoy substantial passive income benefits, such as reduced trading fees and high leverage options.
This undoubtedly makes IntelMarkets a golden opportunity, as it demonstrates it is not only a forward-thinking exchange but also user-centric. As compared to the memecoin, INTL offers real-world utility that has led analysts to predict a 10,000% surge upon its launch by the end of this first quarter, which would surpass the 7000% Pepecoin surge in 2023.
Their predictions are built on INTL's solid support from the community, its mechanism of token burns, and in real-world applicability that it believes will set its price going through the roof. Investors have already started getting into the presale at this time for just $0.082 per token before the imminent launch of INTL. Waiting for what?
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
