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The crypto realm offers multiple chances for investors willing to pick options with tremendous upside potential. However, like all investments, crypto has various risks associated with it. In addition, crypto markets are known to be more volatile than other markets.
Most high-growth altcoins do not offer long-term growth as it depends on external market factors. The recent surge in crypto markets has shown the strengths and vulnerabilities of many coins.
One coin that has suffered due to external factors is DOGE. Dogecoin’s price dropped on concerns about network security after over 50% of its nodes were affected by a security breach. In comparison, the new AI altcoin IntelMarkets (INTL) is shaping up to be a promising option for people looking to buy in cheap into a high-growth option.
The INTL token is set for explosive growth at launch and has already provided long-term returns. Experts anticipate a 7500% rally for IntelMarkets.
Dogecoin Price Drops 14% Over Past Week
Dogecoin is combating a major network vulnerability. About 69% of Dogecoin nodes crashed as a hacker exploited a vulnerability to highlight key risks in DOGE’s network. This breach has fueled Dogecoin price volatility, sharply dropping the DOGE token price.
Between the end of November and December 10, 2024, DOGE ranged from $0.47 to $0.38, with highs followed by market consolidation, making a regular bull cycle pattern. After the hack, Dogecoin’s price ranged between $0.42 and $0.36. The pattern has flattened significantly, showing $0.41 as a new resistance level, which the markets have been unable to break.
Today, Thursday morning, the price dropped below its lower resistance price of $0.38 to reach $0.36. This is an excellent opportunity to buy low into this popular meme coin if this is what you wish to add to a portfolio. Meanwhile, some analysts foresee further declines in Dogecoin price, with the price potentially dropping to $0.30 by January 2025.
DOge’s market volume is up $6.36 billion, a rise of 50%, while the market capitalization has dropped 6% to $53.3 billion. Technicals are giving a bearish signal, with the daily Exponential Moving Average giving a sell signal, while the Relative Strength Index for the day charts is neutral.
INTL Dominates ICOs With 700x Gains And $5 Mn Landmark
IntelMarkets (INTL) is an innovative crypto trading platform that uses the benefits of AI-powered trading bots and aggregators to help its users form advanced trading strategies and perform real-time data analysis. These features help traders by facilitating complex transactions in multiple markets.
This combination of AI and DeFi propels INTL into the next generation of trading solutions. INTL seeks to disrupt the billion-dollar crypto trading space by giving retail investors access to institutional-level trading tools.
IntelMarkets can run on the Solana and Ethereum blockchains, functioning seamlessly across chains. Currently, at the 8th presale stage, the INTL token is priced at a bargain of $0.073. The project has raised over $4.9 million in record time, with early backers having experienced a 700% increase in price,
The IntelMarkets (INTL) presale is gaining steam as it nears sellout. In the next phase, INTL tokens will rise to $0.082. This mechanism rewards those who identify IntelMarkets early, as the price of tokens rises with the growing adoption of INTL.
Conclusion
Everything discussed above points toward IntelMarkets (INTL) being the future of crypto trading. This AI-powered trading platform is set to compete against established players,. The new AI coin might become a strong contender against top altcoins, hailed by experts as the best new crypto to invest in.
Those who buy INTL now will capitalize on this growth and get governance voting rights, discounts on trading fees, and more. This could make INTL one of the best cryptos to watch.
Check out the IntelMarkets for more information about the technical platform, or Join the Presale for exclusive benefits.