The launch of the Ethereum ETF brought a lot of excitement to the crypto market. Many believed it would open the windows for institutional cash flow into this space. Recently, the Ethereum ETF passed the $1B mark. However, the price of ETH has stagnated.
In this environment, traders are turning to different altcoins. Dogwifhat (WIF) and IntelMarkets (INTL) are some of them. Both may see big gains soon.
Ethereum ETF passes $1B but ETH price stuck in limbo
SoSoValue data shows that the Ethereum ETF reached a massive milestone: the BlackRock fund jumped over $1B in net asset value. This is a big event as it happened two months after its launch.
Meanwhile, the ETH price has fallen. CoinCheckup shows that ETH dropped nearly 2% on the weekly chart. Ethereum (ETH) is trading between $2,650 and $2,600. Not only that, ETH is trading below its 10-EMA ($2,609) and 100-EMA ($2,771).
With all this Ethereum news, a potential surge to $3,000 may not come anytime soon. As a result, countless traders are looking elsewhere for big returns – instead of the Ethereum crypto.
Dogwifhat (WIF) emerges as a top gainer amid altcoin rally
CoinCheckup shows that the price of Dogwifhat (WIF) rose over 35% on the weekly chart. At the moment, Dogwifhat is trading between $1.70 and $2.50. Its market cap is also around $1.70B and $2.50B.
Crypto analyst Henrik Zeberg has recently turned his attention to this altcoin. In his X post, Zeberg told his followers that the Dogwifhat coin has broken out of its long ABCDE-consolidation. He also predicts a potential surge to $80 for this altcoin soon.
Furthermore, Dogwifhat trades above its 10-EMA ($2.14) and 100-EMA ($1.90). As a result of this Dogwifhat price prediction and technical indicators, many traders are choosing to focus on it.
IntelMarkets (INTL) to redefine crypto trading
IntelMarkets (INTL) is a new altcoin making a lot of heads turn. It will disrupt crypto trading by launching a first-of-its-kind AI-powered smart trading platform. On it, people can enjoy the benefits of AI technology when choosing to become crypto traders. These benefits include self-learning trading robots, real-time data processing, and advanced arbitrage.
Not only that, but its dual-chain functionality will make IntelMarkets a potential fan favorite. It supports both Ethereum (ETH) and Solana (SOL) blockchains. This dual-chain infrastructure will let people choose the blockchain they want based on their specific trading strategies or goals.
All these factors have made people interested in the presale for IntelMarkets. INTL is now in its second presale stage and costs $0.018. Experts predict a 10x surge for this altcoin soon.
Ethereum (ETH) still falling, Dogwifhat (WIF) and IntelMarkets (INTL) take off
While Ethereum (ETH) is stuck in limbo, Dogwifhat (WIF) and IntelMarkets (INTL) are jumping. Traders are noticing that these altcoins are rising faster than the giant. Plus, since IntelMarkets will give people access to the AI market, which Statista predicts will be worth $826B by 2030, traders see it as the best altcoin to buy right now.
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Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.
