As sentiment turned cautious, the meme ecosystem was hit the hardest. Dogecoin (DOGE) and Shiba Inu (SHIB) nosedived, losing key price levels. However, a bounce is underway, supported by key technical indicators—altcoins to watch out for.
Meanwhile, IntelMarkets (INTL) entered the spotlight this week after defying bearish trends and jumping from $0.073 to $0.082. This puts its growth over the past few months to over 800%, earning the status of the best crypto to invest in. With its launch date scheduled for Q1 and the price poised to go even higher, it is among the new DeFi projects to keep on the radar.
IntelMarkets (INTL): Primed for a 65x Uptick
IntelMarkets (INTL), a low-cap AI gem, is a new favorite among investors. INTL’s anticipated listing on Tier-1 exchanges drives further demand and buzz, pushing early funding past $6.5 million—in record time if we might add. Set to explode after its market debut, it is arguably the best new crypto to invest in.
Significantly underpriced at $0.082 in the ninth ICO stage, it offers a low entry. But there is more. Industry experts project a 65x jump in value after debuting on popular exchanges like Coinbase and Uniswap, making it a more promising alternative to large caps and memes like Dogecoin (DOGE) and Shiba Inu (SHIB).
Further, it will have tangible real-world applications, being the world’s first AI-powered trading platform. At the crossroads between artificial intelligence, blockchain technology and DeFi, it will integrate AI across all levels and its trading bots will be trained on over 100,000 data points. These bots can also learn from previous trades and real-time trading data, identify top-notch strategies and automatically take positions.
Dogecoin (DOGE): Eyes a Breakout Above the 30-Day High
Dogecoin (DOGE), the first dog-themed and fun-inspired cryptocurrency, tumbled amid a huge sell-off this week. It nosedived over 4% on the daily chart, retailing at around $0.3. Increasing selling pressure might see it lose the $0.3 support, although key indicators suggest otherwise.
The Dogecoin price trading above the 100-EMA and 100-SMA hints at a breakout—next on its list might be flipping its 30-day high of $0.42. Moreover, it is on track to breach its all-time high ($0.73) and hit $1 this cycle, supported by top analysts and enthusiasts like GloryDoge and DogeLord.
However, for significant gains—especially for retailers on a tight budget—Dogecoin (DOGE) might not be the best coin to invest in. Instead, IntelMarkets (INTL), a new AI coin and low-cap gem, might be a more compelling alternative.
Shiba Inu (SHIB): Primed for a Breakout
Shiba Inu (SHIB), the second-largest memecoin after DOGE, wasn’t spared by the bears. It is down over 7% in the past week, trading above $0.00002. Amid fear of further decline, technical indicators like the altcoin trading above the 200-EMA ($0.000020) and 200-SMA ($0.000018) hint at a bullish reversal.
At the same time, abraham_naidoo, a top analyst, sees the Shiba Inu price erasing a zero this bull cycle, making it a top crypto to invest in. InvestingHaven, also optimistic, expects a price range between $0.000073 and $0.000088 this year.
While it is a good crypto to buy at the current market price, there are more promising alternatives. For example, IntelMarkets is tipped by experts for a 65x upswing this year, which explains the rising interest among savvy investors.
IntelMarkets (INTL): A New Investor Favorite Over Memecoins Dogecoin (DOGE) and Shiba Inu (SHIB)
Hailed as the future of crypto trading, IntelMarkets (INTL) is a promising wave not to miss this cycle. It is set for a 65x upswing, becoming a new favorite ahead of Dogecoin (DOGE) and Shiba Inu (SHIB). Its unique AI-driven trading platform further adds to its appeal, making it a must-have.
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Disclaimer: 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. Past returns do not always guarantee future profits.
