Early Backers Eyeing 1747% Gains as Web3 ai’s Presale Momentum Grows Strong! SHIB Holds Support while Ethereum Takes a Breather
Shiba Inu (SHIB) is showing signs of potential upward movement as it hovers above key support levels and approaches a critical resistance zone. Concurrently, Ethereum (ETH) is experiencing a mild pullback from recent highs but remains well-supported by record staking figures and substantial ETF inflows. In a contrasting move, Web3 ai is focusing on practical utility over speculative trends, anchoring its $WAI token to real platform functionalities like governance roles, access privileges, and platform benefits.
The presale for Web3 ai has already raised over $8.5 million, offering early participants from Stage 1 the opportunity to secure a remarkable 1,747% return on investment.
Shiba Inu Technical Analysis: Nearing Resistance
Recent technical analysis of Shiba Inu (SHIB) indicates a strong support level at $0.00001100, with the coin edging closer to a resistance area around $0.00001234–$0.00001238 marked by a descending trendline. A successful breakout could propel SHIB towards $0.00001368 and beyond if trading volume remains consistent.
Shorter timeframes reveal a bullish pressure near the 200-hour moving average, enhancing the likelihood of an upward price movement. The $0.00001200 pivot point is critical, with breaching stronger resistance levels potentially signaling a short-term trend reversal based on current technical analysis.
Ethereum (ETH) Price Update: Consolidation Post Rally
Presently, Ethereum (ETH) is valued at $2,511, down 9.4% from recent highs near $2,800. Despite this correction, Ethereum’s staking metrics have surged, with over 35 million ETH locked up, effectively reducing circulating supply. Additionally, long-term holders continue to show interest, as evidenced by 22.8 million ETH being held in accumulation wallets.
Market observers are closely monitoring the 50-week exponential moving average, historically indicative of significant market trends. Notably, Ether ETFs have witnessed consistent inflows for 19 consecutive days, totaling $1.37 billion, underscoring robust institutional demand for the asset.
Web3 ai’s Presale Success Rooted in Utility
Unlike many speculative projects, Web3 ai has positioned its $WAI token as a functional asset integral to its platform, offering benefits such as discounts, governance participation, and access to platform features. With an emphasis on real-world utility, $WAI’s value is tied to its practical applications within the ecosystem.
The gradual presale progression has amassed over $8.5 million in funds, selling nearly 24 billion tokens. Currently priced at $0.000443 in Stage 9, with the final launch price set at $0.005242, early backers are poised for significant returns, with the potential for a 1,747% ROI.
Web3 ai’s future plans post-launch involve providing a suite of AI tools catering to critical areas like crypto risk assessment, DeFi strategies, fraud detection, and portfolio management. These tools will be accessible across various platforms, including web, mobile, and browser extensions, supporting major blockchains like Ethereum, BNB Chain, Solana, and Polygon.
Expert Commentary from Sam Boolman, ChainIntel’s Lead Analyst
According to Sam Boolman, ChainIntel’s lead analyst, ‘The success of Web3 ai’s presale underscores a growing investor appetite for projects prioritizing utility and real-world applications. The emphasis on AI tools and practical functionalities positions $WAI as a promising asset with long-term growth potential in the evolving crypto landscape.’
Concluding Remarks
While Shiba Inu and Ethereum navigate their respective price movements, Web3 ai’s strategic focus on utility and functionality sets a compelling precedent for future blockchain projects. The $WAI token’s integration within the platform’s ecosystem and the innovative AI tools in development signal a promising trajectory for the project, garnering attention as a top contender for long-term investment strategies within the crypto space.