The year’s final quarter approaches and all eyes are on the top altcoin and leading meme. Despite underwhelming performances in the last two months, a bullish reversal is on the cards. Time to buy?
While top altcoins enjoy the attention and spotlight, Intel Markets (INTL), an emerging altcoin, is also at the heart of the market buzz. As a trailblazer in the ICO scene, it is among the latest investor favorites.
Investors are often drawn to unique narratives, with Intel Markets (INTL) the latest on their radar. Its AI-powered smart trading platform is expected to reshape the global crypto trading market, sparking a presale frenzy.
The presale has become the talk of the crypto community; almost 20% of the tokens in the first stage have been scooped up. Priced at just $0.009 at the current stage, savvy investors are bidding high ahead of the price jump to $0.018 in the next stage. Besides its low price, experts tip it for a 7,000% rally, making it a new DeFi project to watch ahead of established ones like Ethereum and Dogecoin.
More importantly, investors have been showing a keen interest due to its unique offering. This includes access to advanced leverage options and perpetual futures contracts, lightning-fast execution, advanced trading features and a wide range of asset pairs.
Ethereum (ETH) is the leading altcoin, behind only Bitcoin in the wider crypto market. It also plays a vital role in the crypto scene as a blockchain and smart contract platform, facilitating the creation of decentralized applications, popularly called dApps.
However, its performance in the current quarter is disappointing—a far cry from its performance in Q1. The Ethereum price hit $4,000 in May but has since nosedived below $3,000. Despite huge inflows into Ethereum ETFs, its price has been static, consolidating around $2,300 and $2,600.
But a bounce is underway, according to forecasts and indicators. Growing whale demand is set to contribute to its uptick, as well as continuous inflow into ETH ETFs. Analysts suggest a rally past $5,000 before the year’s end, making HODLing worthwhile.
Dogecoin (DOGE), popularly known as the OG of memecoins, is one of the top altcoins. Despite lacking clear and actual use cases, its tight-knit community is one of its biggest appeals.
Its ascent once again highlights how important communities are in projects’ growth. During the 2021 bull run, the Dogecoin price reached $0.7. However, it has declined by over 80% since then, courtesy of several bear onslaughts.
DOGE’s recent performance isn’t any better either. Dogecoin plummeted from an annual high of $0.2 to $0.1, losing a key price level. Nevertheless, there is much to look forward to, especially if the trending Dogecoin price prediction plays out. According to the forecast, DOGE to $1 is imminent, with a bullish reversal already unfolding.
A bullish reversal in the prices of Ethereum and Dogecoin might be the start of a big leap. The former is tipped to fly past $5,000 before the year’s end and the latter, $1. Meanwhile, Intel Market’s potential disruption of the crypto trading scene makes it a must-have coin
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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.