As sentiment turned cautious, the meme ecosystem was hit the hardest. Dogecoin (DOGE) and Shiba Inu (SHIB) plummeted, losing key price levels. However, a rebound is underway, supported by key technical indicators ā altcoins to watch.
Meanwhile, IntelMarkets (INTL) entered the spotlight this week after defying bearish trends and jumping from $0.073 to $0.082. This brings its growth in recent months to more than 800%, earning it the status of the best cryptocurrency to invest in. With its launch date scheduled for the first quarter and the price about to rise even further, it is among the new DeFi projects to keep an eye on. on the radar.
IntelMarkets (INTL): Poised for a 65x Rise
IntelMarkets (INTL)a small-cap AI gem, is a new favorite among investors. INTL’s early listing on Tier 1 exchanges generates more demand and buzz, driving initial funding to over $6.5 million, in record time, if one could add it. Set to explode after its market debut, it is arguably the best new crypto to invest in.
Priced significantly below $0.082 in the ninth stage of the ICO, it offers a low entry. But there is more. Industry experts project a 65x increase in value after debuting on popular exchanges like Coinbase and Uniswap, making it a more promising alternative to large caps and memes like Dogecoin (DOGE) and Shiba Inu (SHIB) .
Additionally, it will have tangible real-world applications, being the world’s first AI-powered trading platform. At the crossroads between artificial intelligence, blockchain technology and DeFi, it will integrate AI at all levels and its trading robots will be trained on more than 100,000 data points. These robots can also learn from previous trades and real-time trading data, identify top strategies, and automatically take positions.
Dogecoin (DOGE): Predicts Breakout Above 30-Day High
Dogecoin (DOGE), the first fun, canine-inspired cryptocurrency, crashed amid a huge sell-off this week. It plummeted more than 4% on the daily chart, selling for around $0.3. Increasing selling pressure could cause it to lose the $0.3 support, although key indicators suggest otherwise.
Dogecoin price trading above 100-EMA and 100-SMA hints at a breakout; Next on your list could be changing your 30-day high of $0.42. Furthermore, it is on track to surpass its all-time high ($0.73) and hit $1 this cycle, backed by top analysts and enthusiasts like GloryDoge and DogeLord.
However, to make significant profits, especially for retailers on a tight budget, Dogecoin (DOGE) might not be the best coin to invest in. Instead, IntelMarkets (INTL), a new AI coin and small-cap gem, could be a more attractive option. alternative.
Shiba Inu (SHIB): prepared for a breakout
Shiba Inu (SHIB), the second largest memecoin after DOGE, was not spared from the bears. It is down more than 7% in the past week, trading above $0.00002. Amid fear of further decline, technical indicators such as altcoins trading above 200-EMA ($0.000020) and 200-SMA ($0.000018) hint at a bullish reversal.
At the same time, abraham_naidoo, a top analyst, believes that the Shiba Inu price will erase a zero in this bullish cycle, making it one of the top cryptocurrencies to invest in. InvestingHaven, also optimistic, expects a price range between $0.000073 and $0.000088 this year.
While it is a good cryptocurrency to buy at the current market price, there are more promising alternatives. For example, experts predict that IntelMarkets will grow 65 times this year, which explains the growing interest among savvy investors.
IntelMarkets (INTL): A New Investor Favorite Over Memecoins Dogecoin (DOGE) and Shiba Inu (SHIB)
Hailed as the future of cryptocurrency trading, IntelMarkets (INTL) is a promising wave not to be missed this cycle. It is set to rise 65x, becoming a new favorite ahead of Dogecoin (DOGE) and Shiba Inu (SHIB). Its unique AI-powered trading platform further increases its appeal, making it a must-have tool.
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Disclaimer: The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered investment advice. Always do your own research before deciding to buy, sell or transfer any crypto asset. Past performance does not always guarantee future profits. ā