Elon Musk’s much-publicized appointment is undoubtedly the catalyst behind the renewed interest in investing in Dogecoin (DOGE). PEPE and Dogwifhat (WIF) have also benefited from the price upturn. IntelMarkets (INTL) is gaining the attention of investors as a stable investment with high potential. In this article, let’s analyze the recent events and the price trends for these tokens after the announcement of Musk’s new position.
Understanding the 250% Spike in Dogecoin (DOGE) Price
The price of Dogecoin increased dramatically by 250% due to the indirect brand’s endorsement by popular billionaire, Elon Musk. With Elon Musk’s appointment to the government, Dogecoin (DOGE) attracted more attention.
It is difficult to assess the implications of Musk’s political activities in the long run since DOGE still has difficulties transcending its current meme status.
PEPE and Dogwifhat (WIF): Followed Bullish Waves
With a 250% surge, meme tokens such as PEPE and Dogwifhat (WIF) have also experienced notable activity. Investors are rushing to buy these coins, causing a stir in the meme-coin market. While neither has been adopted as widely as Dogecoin, these two assets are characteristic of a different breed of meme assets.
Can We Expect PEPE and WIF To Move Like DOGE?
PEPE and Dogwifhat (WIF) are on the rise, surpassing the journey of Dogecoin. An advantage Dogecoin has over others is that it was launched in 2013, and has a well-established and supportive community, besides being endorsed by Musk.
The PEPE cryptocurrency has drawn tremendous interest, soaring into the ranks of the top three meme coins owing to the latest crypto trends. Most of the reasons behind the spike in the price above the historical peak are connected to Robinhood and Coinbase, where Pepe was recently listed. These made Pepe more credible and helped promote it to retail clientele. Avinash Shekhar, co-founder of Pi42 and its Chief executive officer, discussed how the exchanges have been instrumental in bolstering Pepe’s growth in the market.
According to CoinMarketCap, Dogwifhat (WIF) price is $4.01 at press time. In the last three months, WIF has registered an incredible price surge of 154.46%, indicating a huge influx of investors. This uptrend signifies the increasing awareness and faith in the Dogwifhat project.
There is a growing expectation among investors that WIF has great potential leading to its steep price rise. Looking ahead, it appears that Dogwifhat is making an effort to become a strong asset in the crypto market.
INTL – More Stable and Trusted Choice For Investors
The lowest price at which INTL can be listed is $0.11. The presale is currently in the fifth stage and the tokens are available for $0.04. Thanks to the ability of the platform’s trading bots to respond to live market data, the performance is expected to improve with time.
This feature offers a learning-based way of carrying out trading activities, which sets Intel Markets as the best company, with AI technology, for trading cryptocurrencies. To aid investors in taking advantage of the market opportunities, INTL allows a leverage of 1000x; thus, enabling users to enhance their investment strategies.
Where most meme coins thrive on community influence and social media trend circuitry, IntelMarkets seeks to offer real value with its unique, AI-based ecosystem. With the incorporation of blockchain technology and AI-powered trading tools, INTL empowers investors to ably, effectively, and safely engage the market.
For the whales of Dogecoin who have enjoyed and suffered the merriment of investing in meme coins – IntelMarkets provides an avenue for serious expansion into a platform with real use cases and growth opportunities.
Conclusion
With the rise of Elon Musk in the political environment, PEPE, Dogwifhat (WIF), and Dogecoin (DOGE) have managed to get the fame they eagerly seek. On the other hand, IntelMarkets appeals to those who want safety. There is no doubt that INTL, as it broadens its scope, will attract those who are looking for investments in researched technologies rather than in antiquated meme coins.