The crypto market is on the upside and memecoins are having the wildest of runs. Dogecoin (DOGE) approaches the much-anticipated $1 goal, while a Shiba Inu (SHIB) rally to $0.005 might not be ambitious given its current pace.
Meanwhile, sentiment is quickly shifting to IntelMarkets (INTL), a new player in the crypto scene. Its blend of AI and DeFi and potential transformation of the crypto trading scene have captured investors’ attention. With a projected 100x rally after its debut, it is among the new DeFi projects to watch out for.
IntelMarkets (INTL) is one of the new ICOs but given its recent performance, it has been hailed as this quarter’s best presale. It crossed $2.1 million in early funding in record time amid several bullish promises. From reshaping the crypto trading market to targeting an explosive debut, it might be the best new crypto to invest in.
By combining AI with blockchain technology and DeFi, INTL’s narrative is arguably the most bullish, setting it up for massive growth. The AI-powered trading platform will integrate artificial intelligence across all levels, aiming to transform the $347 billion global crypto trading market. Unlike conventional platforms, its trading robots can learn from their mistakes and analyze high data volumes across markets in seconds.
The above means it will be hot on the heels of top crypto coins like Dogecoin (DOGE) and Shiba Inu (SHIB) as a strong contender. Meanwhile, in the fifth stage of the ICO, a token is undervalued at $0.045 and is tipped for a 100x rally after its debut.
Dogecoin (DOGE), one of the biggest winners this month, maintains bullish traction. The dog-themed cryptocurrency has outperformed most top altcoins, highlighting the growing adoption of memes. Charting a bullish course, the Dogecoin price exploded over 100% in the past seven days, retailing at around $0.4.
The biggest hurdle in its quest to $1 might be flipping the 2021 all-time high of $0.73. However, considering key indicators like the MACD Level (12, 26) and the coin price trading above the 10-EMA and 10-SMA—all bullish signals—it is primed for a breakout.
Moreover, bullish forecasts have been making the rounds in the crypto community. A crypto enthusiast, EBurnz, predicted $5 as the next top for Dogecoin (DOGE). Another enthusiast, Beattheoddsreal, weighed in, predicting $6.9 as this cycle’s top.
Shiba Inu (SHIB), the second-largest memecoin after DOGE, swung high. The Shiba Inu price soared 40% on the weekly chart, changing hands above $0.000025. Given current momentum, is a rally to $0.005 ambitious?
Crypto experts say no, buzzing with optimism instead. Digarch, a member of the Shiba Inu community, sees the price hitting $0.08915. Another crypto analyst, Mandalorian, predicts a jump to $0.01 during the 2024/2025 bull run.
Brandon Tompkins believes a conservative target for Shiba Inu would be $0.002, erasing a couple of zeros from the current price. This bullish price prediction is backed by key indicators like the MACD level (12, 26) and the 20-VWMA, placing it among the best cryptos to invest in.
IntelMarkets (INTL), the viral AI crypto, is one of the best cryptos to buy. Its solid fundamentals as an AI-powered trading platform and significant growth prospects make it a compelling alternative to Dogecoin (DOGE) and Shiba Inu (SHIB).
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.