The meme coin success story of Dogecoin (DOGE) captured the attention of investors in the crypto market in 2021. Currently, investors are in search of the next crypto gem.
A new coin called IntelMarkets, with a value of less than $0.05, is attracting the attention of analysts. They have predicted that IntelMarkets’ price could mirror the price growth of even Shiba Inu (SHIB) in 2021 due to its unique trading platform and close relation to the AI industry.
Dogecoin (DOGE), the flagship meme coin, is currently trading below its all-time high of $0.7376. The Dogecoin price has dropped by about 85% since it reached this mark in 2021.
While investors are still looking forward to a rally, the cryptocurrency is consolidating between $0.09 and $0.13 on the monthly timeframe. The recent interest in whales for the Dogecoin crypto has caught the attention of the cryptocurrency community.
Many believe a price surge is on the way. Cantonmeow forecast the value of the cryptocurrency could pump to $1.5. Another analyst, Ali Martinez, is hinting that the Dogecoin price could pump by 207%.
In the meantime, Dogecoin (DOGE) faces a strong resistance level at the 200-SMA ($0.122585). In the case of a downtrend, there is a support level at the 50-SMA ($0.10644).
In 2021, Shiba Inu (SHIB) wowed the crypto market, following in the footsteps of Dogecoin. Its price skyrocketed more than 20x to a peak of $0.00008845. However, the value of the Shiba Inu crypto has since dropped by 80%.
Shiba Inu (SHIB) is currently consolidating between $0.000012 and $0.000022 in the monthly timeframe. The Shiba Inu coin is currently bullish, given its 14-day RSI stands above the 50 mark.
Looking ahead, analysts are bullish about the Shiba Inu price movement. A top analyst, Cantonese Cat, forecasted the value of the memecoin could soar to $0.00047 in the coming months. Another expert, Steve Montano, says that the Shiba Inu (SHIB) value could soar to $0.000022403 in the coming weeks.
IntelMarkets (INTL) is an emerging crypto trading platform that will adopt AI to enhance cryptocurrency trading. One goal of IntelMarkets is to give traders access to advanced AI-powered technologies as it aims to become the market leader in the crypto trading platform space, forecasted to hit $264 billion by 2030.
Among the exciting tools that IntelMarkets offers, it is possible to single out self-learning AI Rodeum trading bots. These bots are created so that both advanced and novice traders can use them to analyze data and make trades within a few seconds. They evaluate more than 100,000 variables comprising the market and historical data, which allows them to notice shifts easily.
This makes the AI bots well suited to the volatile markets because they enable quick decision-making. Also, these bots allow the users to use different trading methods with little or no experience. They can mirror any strategy or technique the trader gives to them. Also, IntelMarkets is a dual-chain project that runs on the Ethereum and Solana blockchains.
This integration enables the platform to provide a fast transaction not only for free but also to scale the cost of the transaction. While still available in its cryptocurrency ICO, the INTL tokens cost $0.027364. The DeFi project has also raised over $930k in funding. However, by the end of the year, analysts are forecasting a potential 10x surge.
Due to having a low market capitalization and being connected to the AI sector, IntelMarkets is the best crypto to buy for gains this year. Experts say that IntelMarkets might replicate the 2021 Shiba Inu bull run as it becomes a market leader among exchanges.
Discover More About IntelMarkets:
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.
London, United Kingdom, 9th October 2024, Chainwire
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