The co-founder of Dogecoin, Shibetoshi Nakamoto, has responded to the ongoing downtrend in the crypto market. Nakamoto humorously said he couldn’t “wait to lose more money,” as the bearish market bites harder.
Meanwhile, the market cap and TVL of Toncoin have dropped to new lows. As a result, smart investors are seeking refuge in a new crypto project called IntelMarkets. Analysts forecast the price of IntelMarkets will increase by 1,100% in the coming months.
Dogecoin (DOGE) Co-founder Responds To Market Downturn
In response to the sell-off in the crypto market, the co-founder of Dogecoin (DOGE), Billy Markus, who operates under the pseudonym Shibetoshi Nakamoto on X, has made a humorous comment.
He wrote: “can’t wait to lose more money today.” Dogecoin price movement has been mainly bearish in the past few months. Over the past three months, the value of Dogecoin crypto has been ranging between $0.08 and $0.16.
Its market cap also ranged between $10 billion and $23 billion. Going forward, the Dogecoin token is facing resistance at the 50-Day SMA ($0.111572). Bulls must cross this level to regain control of the market.
Toncoin (TON) Metrics Dwindle As Crypto Onslaught Continues
After dropping below the $5 mark recently, Toncoin crypto has become one of the most bearish coins in the market. The bearish movement has also affected its market cap, pulling it from $20 billion in June to $11 billion in September.
The decline of the Toncoin token also caused a decrease in the funds that were raised for its DeFi products. The cryptocurrency’s total value locked (TVL) has dropped from $770 million to its YTD peak of $318 million, which is the lowest since June.
Still, analysts are giving a bullish Toncoin price prediction. They say the cryptocurrency can still climb past the 200-day SMA ($5.61) soon.
Analysts Say IntelMarkets Could Revolutionize Crypto Trading
Presales have become popular in the last few years, but only a few have delivered on their claims. One of them is IntelMarkets (INTL). IntelMarkets is here to change the crypto trading world with its AI-based trading platform. One of the key selling points of Intel Markets is its trading AI bot, which has a very high profitability ratio for over 1,200 tested traders.
The AI bot can be used to analyze the market, interpret it, and even predict trends that may occur in the future. Also, IntelMarkets is a dual-chain exchange that is aimed at solving the problems of the cryptocurrency trading market. Some of the issues that the investors have raised over the course of time include low liquidity, slow transaction speed, and inadequate security.
In this regard, IntelMarkets, with a dual-chain design, helps in dealing with these challenges. It will be convenient, fast, and cheap for traders to complete their transactions. Furthermore, IntelMarkets provides professional-level trading tools such as customizable indicators and charting software. These tools are to help traders make well-informed decisions.
Why Dogecoin and Toncoin Holders Are Turning To IntelMarkets
They are bullish about its future price movement, given its ongoing presale performance. A project that has raised over $230k within just two weeks of its presale, showing its great potential.
Experts forecast that the price of IntelMarkets will increase by 1,100% once it is listed in the market. Also, IntelMarkets’s array of trading instruments and the adoption of AI technology make it a good contender to rival top exchanges like OKX.
Discover More About Intel Markets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses.
