IntelMarkets has garnered the spot of the most viral presale of 2024. The INTL token, at stage 8, is leaving established players like Dogecoin and POPCAT behind with its staggering presale raise of $4.9 million. The AI platform is posing daunting challenges to the ever-surging DOGE as the innovative features continue to draw in savvy investors!
Dogecoin Faces Test: Can DOGE Hold And Bounce Back Stronger?
Dogecoin is trading in a positive zone above $0.3380. DOGE price could decline heavily if it settles below the 50-day simple moving average. After a major surge like Bitcoin, Dogecoin faced hurdles near the $0.4850 zone. It failed to test the $0.50 resistance zone and started a downside correction.
There were a couple of swing moves, and the price settled below the $0.4400 level. The recent low was formed at $0.3660 before DOGE recovered some losses. There was a move above the $0.380 level, and the price remained well above the 50-day simple moving average.
Dogecoin is now trading above the $0.40 support. It also follows a key rising channel with support at $0.3920 on the daily chart. However, the bulls are losing their grip. If there is another increase, the price could face resistance near the 50% Fib retracement level of the downward move from the $0.4845 swing high to the $0.3660 low.
The first major resistance is near the $0.4350 level. A clear move above the $0.4350 resistance could send the price toward the $0.450. The next key resistance sits near the $0.4550 zone.
It coincides with the 76.4% Fib retracement level of the downward move from the $0.4845 swing high to the $0.3660 low, above which the price could accelerate higher toward $0.4850.
Stability in POPCAT’s Price: How Long Can It Last?
POPCAT continues to capture attention with its meme-based origin and unique charm, maintaining a price of $1.09 following a high of $2.05. This stability is supported by strong community backing, which is crucial for its ongoing success.
As a cryptocurrency running on Solana, POPCAT enjoys the benefits of a quick, scalable blockchain, enhancing transaction ease and access. Nonetheless, its market performance is largely swayed by social media trends and general sentiment.
Despite its strong following, POPCAT’s price confronts typical challenges faced by meme coins, such as maintaining value and relevance. With nearly 980 million tokens in circulation, its market price heavily relies on continuous community involvement.
Although this volatility might be appealing to short-term traders, achieving lasting stability will depend on strategic advancements beyond just its meme reputation. POPCAT represents an entertaining yet unpredictable element within the cryptocurrency market.
IntelMarkets (INTL): The Game-Changer For 2024 Raising $4.9M!
IntelMarkets (INTL) is an innovative crypto trading platform that bridges the gap between artificial intelligence (AI) and decentralized finance (DeFi). The AI-powered trading platform helps users develop advanced trading strategies, perform real-time data analysis, and quickly facilitate complex transactions in multiple markets.
The combination of AI and DeFi propels INTL into the next generation of trading solutions. INTL seeks to disrupt the $736 billion crypto trading space by providing retail investors the ability to access institutional caliber tools. IntelMarkets runs on both the Solana and Ethereum blockchains, functioning at scale while operating seamlessly across chains.
Currently, at the 8th presale stage, the INTL token is priced at a bargain of $0.073. The project has already raised over $4.9 million in record time, receiving considerable investor confidence. With early backers having experienced a 700% increase in price, the INTL presale is catching steam.
As it nears sellout, the price of INTL tokens will increase to $0.082 in the next phase. This mechanism rewards those who identify IntelMarkets early, as the price of tokens rises with the growing adoption of INTL.
Discover More About IntelMarkets:
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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