Excitement dominates the market as Dogecoin and SUI are set to explode in this bull run. DOGE nears a rare golden cross while SUI is about to touch an all-time high. Yet, IntelMarkets (INTL) leads the battle of gains with a massive presale raise of $1.6 million. Investors are tilted toward this emerging AI marvel, eyeing its growth potential and explosive ROI.
Through its recent uptrend, Dogecoin (DOGE) has put about 5.46 million Dogecoin addresses in profit, according to IntoTheBlock’s data. In percentage-wise, this is more than 85% of the addresses tracked by the platform.
Analyzing the data, we discovered that 175,000 addresses, representing 2.75% of the total, are at the break-even point. Currently, only 722,720, or 11% of the total addresses, are at a loss.
Exploring the potential impact on the price, CNF analysts observed that the asset could face liquidation at a slight additional uptrend, putting DOGE in a critical zone. Meanwhile, some of these profitable addresses were selling at press time, forcing the price to decline by 10% in just 24 hours.
On October 31, an analyst uncovered a rare movement that positioned Dogecoin to achieve a potential golden cross. Based on experts’ interpretation, this situation is a chart pattern where the short-term moving average (mostly the daily SMA 50) crosses above the long-term moving average (daily SMA 200) to give a bullish hint.
The short-term price momentum is outrunning the long-term price momentum. The last time this bullish pattern appeared was in November 2023 and November 2022. When this formation materializes, it will become the three consecutive years this signal has appeared in the same month.
SUI is one of the top crypto coins that has seen some green charts recently. On the 1-month chart, the Sui price increased around 10% per CoinMarketCap. Not only that, ToreroRomero announced that Sui hit its highest net inflows among all chains at that time.
Meanwhile, crypto analyst Raoul Pal made a bold statement for SUI. In his X post, he said that the SUI crypto is now breaking its consolidation and could reach new ATHs soon. Its current ATH is $2.35. Currently, this altcoin is trading between $1.86 and $2.04.
Ika also announced that $2.3T in assets can now be programmed on SUI. These will include programmable Bitcoin, Ethereum, and more. As a result, experts think that Pal's SUI price prediction could come true. Thus, SUI is set to soar soon.
IntelMarkets introduces a unique approach to blockchain with its proprietary Layer-1 AI blockchain, setting it apart from other trading platforms. IntelMarkets leverages AI-powered trading robots, which adjust automatically based on the user’s trading objectives. These self-operating tools are designed to make trading accessible and efficient, reducing the need for manual adjustments.
A significant part of IntelMarkets’ value lies in its Intelli-M™ robots, which continuously learn and improve from real-time market data and past trading experiences. This self-learning capability allows for a more adaptable and potentially profitable trading experience over time, which could appeal to a wide range of crypto traders.
IntelMarkets also addresses a common issue in trading—mixed signals from technical indicators. The Intell-Array™ monitoring system consolidates data from numerous indicators to produce a single, cohesive signal, helping traders make informed decisions based on over 100,000 data points.
As IntelMarkets prepares to launch, its advanced AI and blockchain features could help draw investor interest toward the broader blockchain market. This increased interest might drive attention to other blockchain projects, like Solana, known for its fast, scalable platform and growing ecosystem.
Discover More About Intel Markets:
Presale: https://intelmarketspresale.com/
Buy Presale: https://buy.intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
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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.