There’s growing speculation that Dogecoin (DOGE) might be gearing up to push its price to $0.20. According to insider reports, market rotations are creating favorable conditions for DOGE. However, it’s not just Dogecoin (DOGE) capturing attention—newer altcoins like IntelMarkets (INTL) and Neiro (NEIRO) are also positioning themselves for major gains.
As the crypto market navigates through these shifts, many experts believe INTL and NEIRO could rally well thanks to their utilities and strong investor backing. The question now is, will Dogecoin hit that anticipated $0.20 mark, or will INTL and NEIRO outshine the meme coin?
Dogecoin (DOGE) has been doing impressively well in the market lately. In fact, in the past week, it has surged by a whopping 24.66% and now stands around $0.134. One look at its price has also shown that it has hit the resistance line of its symmetrical triangle pattern.
With 0.89 in price correlation with Bitcoin, the meme coin could yield to the BTC market that is already in rally momentum. Moreover, DOGE still trades above its 100-day and 200-day SMA, hence its current bullish sentiment.
If buyers manage to break through the resistance, it could signal the beginning of a new upward trend. On the other hand, with new IntelMarkets (INTL) already attracting Dogecoin (DOGE) investors despite forecasts of a 150% rally within the next 3 months.
NEIRO has surged approximately 21% over the past week, currently trading at about $0.002. This increase can be attributed to significant interest from large investors, notably GSR Markets, which has acquired a stake of 40.4 million NEIRO.
Within the last month, over 70% of active accounts have been activated and the trading volume is as high as $1.54 billion. Over the past 30 days, NEIRO has experienced 14 days of gains, with analysts projecting it could rise more than 220% by mid-November.
In addition to its accumulation phase, NEIRO was found on derivative trading platforms, making it all so accessible. However, with 83% large holders, investors seemed skeptical of NEIRO making astronomical new highs only to plug unexpectedly.
The new DeFi trading platform, IntelMarkets (INTL), offers several features that stand out in today’s crowded marketplace. For seasoned traders and newcomers, the platform’s focus on accessibility and advanced tools sets it apart. Whether you prefer Ethereum’s DeFi integrations or Solana’s speed, IntelMarkets provides the versatility to tailor your trading strategy.
Perpetual futures trading is also available on IntelMarkets, and one can get as high as 1000x leverage. High leverage means significantly higher profits for traders who time the market and manage their risks well. With thousands of asset pairs offered, IntelMarkets allows traders to trade everything from blue-chip cryptocurrencies down to emerging tokens.
The other highlight is the quantum-proof security under the Route X21 initiative: IntelMarkets will be the first DeFi project to take immediate action with respect to the threat quantum computing ultimately creates for blockchains. This can make IntelMarkets a long-term safer platform and thus more reassuring for all its users.
Currently in its third stage, IntelMarkets is attracting both retail and institutional investors, with an low entry price of just $0.0274. All these unique features place IntelMarkets in the front line when it comes to satisfying the modern crypto trader.
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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.
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