The Biggest Crypto Surge of 2024? Dogecoin and IntelMarkets To Moon Before the Ethereum Price Pump
Historically, the crypto market enjoys its biggest increase in the last quarter of every bull cycle. With the market rallying just days left before the beginning of Q4, there are signs that we could see the biggest surge for 2024 soon.
In anticipation of a 50% price pump, 9.4 billion Dogecoin (DOGE) tokens were moved by whales, a new record. Similarly, IntelMarkets has sold over 17 million tokens in anticipation of an 11x price surge. While these are the top two altcoins to watch, analysts expect Ethereum (ETH) to also record a price pump.
Dogecoin (DOGE) Whales Set New Record Ahead of Price Pump
Over the last few days, Dogecoin (DOGE) whales have moved over 9.4 billion tokens, a new record, according to data from IntoTheBlock. The timing of the sharp increase in DOGE whale activity coincides with an increase in the price of the memecoin.
On the weekly timeframe, the price of the Dogecoin crypto has increased by more than 12%. Technically speaking, the Dogecoin price recovered above the 200 and 100 EMAs, which signifies its best performance since July.
Crypto analyst, Ali Martinez shared a chart showing that Dogecoin (DOGE) has broken out of a descending triangle. Based on the Dogecoin price prediction of Martinez, the price of DOGE could increase by 50% to trade as high as $0.1780.
Ethereum (ETH) Show Mixed Signals, But Analysts Still Remain Bullish
Despite the improving sentiment in the market, the sentiments surrounding Ethereum (ETH) have been rather mixed. For example, the weekly fees of Ethereum coin reached $45 million, the highest level since June 10, 2024.
In addition, Spot ETH ETFs recorded an outflow of $79 million last week, the largest since July. The Ethereum crypto has also failed to break above the 100 ($2,870) and 200-SMA ($3,138). Trading below these resistance levels means Ethereum (ETH) is not clearly in the buy zone.
Despite the unclear outlook of Ether, analysts are bullish about the leading altcoin, saying that it could join the rally by the end. According to Bittel, the Ether could soar to a new all-time high by January 2025, with a potential high at $25k.
Experts Predict Upward As Whales Pick Interest in IntelMarkets (INTL)
Another altcoin that has seen a significant rise in whale activity is IntelMarkets (INTL). The focus on IntelMarkets has helped the project raise over $730,000 in the first few weeks. Whales and institutional investors have picked interest in IntelMarkets because of its exceptional perpetual contracts trading platform.
IntelMarkets’ trading platform uses advanced artificial intelligence (AI) tools and a dual-chain architecture to improve the trading experience of crypto traders. The trading platform uses Ethereum and Solana to offer both ultra-fast transactions and cost-effective access to dApps and liquidity pools.
Intell-M™ Multichannel Analysis, one of the top features of the platform, offers over 1,000 technical analytics sources to users. In addition, investors can maximize their gains with up to 1,000x leverage on IntelMarkets. They can also utilize the copy trading feature to follow the trades of profitable experts with impressive track records.
The native token of the platform INTL has entered Stage 2 of its public presale, after a 100% increase in price. While INTL would record another 50% price increase as it enters the third stage of its cryptocurrency ICO. However, as investors’ capital increase significantly, experts believe the price of INTL has the potential for a 10,000% growth before the year ends.
Ethereum To Join Dogecoin and IntelMarkets in the Bull Market
While the Ether is not currently as bullish as Dogecoin and IntelMarkets, crypto experts are bullish that the leading altcoin could join the rally soon. Also, among three altcoins, INTL looks to be the best buy as analysts believe it could rally by up to 100x, leading the next bull run.
Discover More About IntelMarkets:
- Presale: https://intelmarketspresale.com/
- Telegram: https://t.me/IntelMarketsOfficial
- Twitter: https://x.com/intel_markets
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
