Dogecoin’s (DOGE) price has been on an impressive ride, with peaks and valleys that have changed sentiment many times. The prominent cryptocurrency dreams of repeating its 2021 success, and the US election has the potential for a Dogecoin rally. Traders now wonder if DOGE could replicate its famed 2021 rally or if the momentum may favor another rising AI-powered crypto.
Dogecoin (DOGE): Current and Past Price Overview
The original meme cryptocurrency, Dogecoin, saw a phenomenal rise in 2021, reaching an all-time high of $0.73 in May 2021. The DOGE price came with the community’s support and high-profile endorsements, especially by Elon Musk, which caused the price to spike with big gains to early holders.
According to CoinMarketCap, DOGE currently trades above the $0.15 resistance level, a 40% increase over this month. Despite being down 80%, it’s an all-time high, and Doge still has a very active community.
With endorsements from both sides of the political camp, Dogecoin is the favorite of Elon Musk and Mark Cuban, who have openly supported the meme. And since both presidential candidates share pro-crypto stances, a DOGE rally after the election may not be off the cards.
Many analysts are weighing whether the coin can return to its former glory or will plateau at current levels. But Dogecoin’s large market cap of $23 billion limits its potential for massive gains. Combined with its lack of real-world use cases, many are searching for alternatives.
IntelMarkets (INTL): An AI-Driven Alternative Set to Outperform
IntelMarkets (INTL) illustrates a refreshingly new narrative in the crypto space. Unlike meme coins, IntelMarkets blends AI, blockchain, and DeFi to develop a new generation trading platform built to alter the method people trade in the market. Real-time, real data would be the engine for how an INTL’s AI portfolio and trading platform would use an optimized, self-learning portfolio of strategies adaptive to real-time market conditions. With these technological advancements, IntelMarkets is one of our top picks amongst emerging cryptocurrencies, aimed at wanting more than hype-driven price movements.
Priced at $0.045 in its presale phase, IntelMarkets provides users an opportunity with room for increased value. According to analysts, this innovative technology and quick presale progress, raising over $1.6 million, would propel it to achieve 10-15x gains post-launch. IntelMarkets has a small market cap, and unlike Dogecoin, it does have room to grow, making it more appealing to those looking for life-changing gains.
Conclusion
Thanks to its huge community and past value, Dogecoin is still a part of the crypto world. Still, the changing market dynamics and competitive landscape open the doors for other coins with higher growth potential. The rising star of the crypto world, IntelMarkets (INTL) has much to offer with its advanced technology, AI powered trading system and $15x projected upside post listing, these make it one of the ideal picks for those seeking to be at the edge of the next crypto trend.
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