Shibarium fees surge, top whale dumps 10K ETH

Ethereum ICO participant sends 10,000 ETH to Kraken after 2 years. Shibarium fees surge 2024% as IntelMarkets raises $450K

According to the latest news, an Ethereum ICO participant has just sent 10,000 ETH to the Kraken exchange. This transfer comes after the participant had been inactive for over two years.

In other news, Shibarium’s transaction fees have surged 2,024% in the past day due to increased transaction volume. Meanwhile, IntelMarkets had its best pre-sale performance, raising over $450,000 in funds as investors flocked.

Ethereum Wallets Come Back to Life After Two Years

According to the data available from EtherscanOne of the largest Ethereum wallets has gone live after two years of inactivity. The wallet went live and sent 10,000 ETH to the Kraken cryptocurrency exchange. The whale traded ETH for $24.37 million at an average of $2,437.

With the sales, the wallet currently holds 9,298 ETH ($22.63 million). In other news, Ethereum price continues to trade in a narrow price range at $2,200 to $2,800, according to CoinMarketCapThis comes after a major sell-off by the Ethereum Foundation and Ethereum co-founder Vitaly Buterin.

The massive sell-off has pushed the value of the Ethereum cryptocurrency down below 50 day simple moving average At $2,584.80. Fortunately, the price of Ethereum is gaining momentum and may soon cross the 50-day simple moving average. If this happens, the altcoin price may reach $2,800 in the coming weeks.

Shiba Inu Shibarium’s measurements are greatly increased.

Transaction fees on Shibarium, the layer 2 blockchain of the Shiba Inu ecosystem, have increased significantly in the last day. Data from Shibarium Scan It appears that the total amount of BONE used in gas fees has increased from 15.67 to 317 tokens, a massive increase of 2024%.

The rise comes as the total number of transactions increased by 70% in a single day, from 4,537 to 7,715. Shibarium’s network of active accounts also expanded by 157.14%, from 42 to 108.

While this shows that Shiba Inu is seeing increasing interest from investors, it has also raised concerns about the high fees associated with Shibarium. Meanwhile, the price of Shiba Inu has been rising on a monthly basis and Weekly time frames.

The market cap of the meme coin is between $7 billion and $9.5 billion. Analysts say the value of the Shiba Inu cryptocurrency could rise above 200 day simple moving average ($0.00001885) Now that it has crossed the 50-day simple moving average ($0.00001394).

IntelMarkets Presales Hit Record Highs as More Investors Flock in

Analysts have named IntelMarkets (INTL) the best ICO of the year, given its performance so far. It entered its second round in less than two months and has raised over $450,000 in funding. The growing interest is due to the AI-powered cryptocurrency trading platform the project is working on.

IntelMarkets is building a trading platform where investors can use algorithmic data and an AI-based bot to trade effectively. What sets this AI-based bot apart from other similar $36.5 billion cryptocurrency trading markets is that it is self-learning and can be trained to use specific trading strategies.

Traders are able to set a specific trading style for the robot, meaning it will follow specific trading patterns or use specific trading strategies. Other features of the platform include leverage of up to 1000:1, copy trading, high liquidity, and access to risk management tools.

Intel Markets is also one of the most reliable trading platforms in the trading industry, with the team having conducted around 100,000 penetration tests, none of which breached its quantum-resistant security protocols. Additionally, Cyberscope has evaluated the platform’s smart contract to ensure investor safety.

Shiba Inu and Ethereum Investors Bullish on IntelMarkets

While IntelMarkets is a new DeFi project, Shiba Inu and Ethereum investors are among those who have doubled their investments in the project, investing heavily in the presale. This helped IntelMarkets sell out the first phase of the presale and record massive growth in the second phase. Market experts are predicting a 75% increase for INTL in the coming weeks.

To learn more about Intel Markets, visit the website, cable and twitter.