There’s never a dull day in the cryptocurrency market where the main players like Dogecoin (DOGE) generate headlines. Dogecoin is currently in the limelight for its recent performance, with its sharp price rally, breaking above the $0.14 resistance. But some experts believe this innovative DeFI project may rise higher than Dogecoin.
Dogecoin (DOGE): What’s Driving the Price Rally?
Dogecoin, a fan favorite, recently pierced the $0.14 resistance level. This came as a surprise to some investors, but others capitalized on the 40% increase it saw over the last two weeks. This price rally was driven by the liquidations of many short positions held against the memecoin.
Currently, it’s trading slightly below the $0.14 support, with signals of a potential rally to $0.20 before the USA have a new president in the white house. Far from its ATH of $0.74, traders wonder if it will repeat its previous success. In the short term, according to analysts the DOGE price may encounter resistance beyond $0.16.
IntelMarkets (INTL): Why Experts Think It Has Better Momentum
Some were excited by Dogecoin’s latest rally, but experts shifted their focus toward IntelMarkets (INTL), an emerging AI-powered altcoin with immense upside potential. With the use of AI, users would be able to utilize advanced trading bots that provide advanced data. As a result, IntelMarkets provides the trader with a significant edge compared to traditional DeFi platforms.
The potential of this project has been validated by the support of its presale, which raised more than $1.5 Million. Currently, IntelMarkets sells for $0.036, making it a perfect chance for investors who are looking for altcoins with immense upside potential. According to some analysts, INTL is expected to rise 75x post-launch, promising higher returns than already established players like DOGE.
Conclusion
Dogecoin (DOGE) rallied higher after the liquidation of shorts, but its upside seems limited because of its finite utility. If you are an investor who wants to find long-term, sustainable profits, IntelMarkets with its combination of AI and DeFi in one trading platform is your best bet.
Read More to Learn about IntelMarkets:
Website
Telegram
Buy Presale
