A recent report showed that 3,759 individuals in South Korea owned crypto trading accounts of ?1 billion won ($750,000) or more to trade at least by the end of 2023. Also, more than 185 investors in their 20s held cryptocurrencies, showing large adoption among teenagers.
Analysts are forecasting massive adoption for altcoins like Shiba Inu (SHIB), Bitcoin Cash (BCH), and IntelMarkets. They say their prices could increase to new levels in the coming weeks.
Shiba Inu (SHIB) Set for Massive Growth in 2025
Shiba Inu (SHIB), the second largest memecoin by market cap, recently soared to a three-month high of $0.000021 in September before retracing to lower levels. The price surge took the crypto community by surprise as the Shiba Inu coin had been bearish in the months before.
Presently, the cryptocurrency has started another uptrend and has risen past the 50-SMA ($0.00001492). If this uptrend continues, the Shiba Inu crypto price could soar to new highs in the coming weeks.
Crypto analysts like Santana are very optimistic about Shiba Inu (SHIB) and believe the token could soar to new levels in 2024/2025. The analyst forecasts that the Shiba Inu price might surge toward $0.00007 after breaking a consolidation before going back to test an all-time high by early 2025.
Bitcoin Cash (BCH) Price Forecast
Despite being a hard fork of Bitcoin, Bitcoin Cash (BCH) has not been mirroring the flagship cryptocurrency’s price movement in the past few months. Data from CoinMarketCap shows the value of Bitcoin Cash crypto has increased by 6% on the monthly level but is also down 6% on the weekly timeframe.
Due to the battle between bears and bulls, the Bitcoin Cash price is consolidating below the 50-SMA ($333.45) and 200-SMA ($372.50), a sign that bears have more control over the market.
Still, analysts are bullish about the Bitcoin Cash coin. ProfitRealm0 told his followers the value of the Bitcoin Cash (BCH) could pump to $1000 in the short term and $1800 in the long run. On the other hand, some analysts are forecasting potential losses.
Investors Move To IntelMarkets (INTL) for 1,100% Profit
IntelMarkets (INTL), one of the biggest ICOs out there, has emerged as a beacon to all those investors who are eyeing good profits in the next few months. The value of IntelMarkets INTL coin might shoot up by 1,100% in the coming months, analysts have predicted. IntelMarkets is a cryptocurrency platform for retail customers that offers access to artificial intelligence and advanced trading tools.
This new trading platform has a multi-channel analysis tool that gives information from more than a thousand technical sources to help traders get real-time information on 100,000 points. Consequently, a trader tracking a specific cryptocurrency will be able to identify even the slightest shift in the market and make his transactions at the proper time.
IntelMarkets also has an Intell-Array™ monitoring system that can evaluate all buy and sell signals to give traders one signal, which is backed by over 100,000 data points. Intel Markets is a dual-chain exchange. This means that the exchange is backed and operates on the Ethereum and Solana blockchain.
These two-chain solutions give the trader access to low fees, fast trades, and security. Currently, in the presale stage, INTL is priced at $0.027364. The project has raised about $920k in its ongoing cryptocurrency ICO and looks on track to reach $1.5 million before November.
IntelMarkets To Rise Above Bitcoin Cash (BCH) and Shiba Inu (SHIB)
Since South Korea’s young generation is at the forefront of embracing cryptocurrencies, unique projects like IntelMarkets could see huge adoption, overtaking top altcoins like Shiba Inu and Bitcoin Cash. IntelMarkets is building a platform that will feature advanced trading tools like AI bots, multi-channel analysis, and Intell-Array™ monitoring system to help traders make more income.
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets