Altcoin Alert: IntelMarkets’ AI Trading Secures $1M from Dogecoin, Ethereum Investors

Over the Last Few Years, the Crypto Market Has Produced Some Altcoins with Explosive Gains.

Currently, a new DeFi project, IntelMarkets, is making waves in the crypto space.

IntelMarkets has captured the attention of Dogecoin (DOGE) and Ethereum (ETH) investors with its AI-powered trading bots, which analyze market trends and execute trades. Analysts predict that the value of its native token, INTL, is expected to experience significant growth before the end of the year.

Dogecoin (DOGE) Price Forecast

Dogecoin (DOGE) is on an uptrend on the weekly chart. The price of the memecoin has been moving up the charts due to increased whale accumulation. IntoTheBlock data recently revealed that whales accumulated over 2 billion DOGE last week.

Presently, the Dogecoin price is trading close to the 50-SMA ($0.1066). A crypto trader, Misterr Crypto, told his followers Dogecoin crypto is looking very bullish. He forecasts the price of the token could rise to $0.35000 in the next few weeks.

Another trader, Joyfuljairo123, took to Twitter to say Dogecoin (DOGE) has the best risk-to-reward ratio. He believes the meme coin will produce some god candles in the next few weeks or months. Joyfuljairo123’s chart showed the price of the Dogecoin token rising as high as $0.74726.

Ethereum (ETH) Co-Founder Considered for Nobel Prize In Economics

Ethereum’s (ETH) co-founder, Vitalik Buterin, is nominated for the Nobel Prize in Economics. This nomination came from Tyler Cowen during his podcast with economist Alex Tabarrok.

Cowen thanked Buterin for some of the positive effects aimed at the total monetary structure. In his opinion, there is nobody in the world who can work as hard as Buterin did to build the Ethereum network, invent a new currency, and challenge the traditional economic theory.

Ethereum (ETH) ETH is currently trading below the 50-SMA ($2,526.72), a sign of bearish pressure. However, analysts are still bullish about the future potential of Ethereum (ETH).

CastilloTrading forecasts that the value of Ethereum crypto could increase to $4,750 in the coming months. Another expert predicts the Ethereum price could reach $3k soon.

IntelMarkets (INTL) Raises Expectations With AI-Powered Trading Platform

IntelMarkets (INTL) is the first blockchain-based, enterprise-grade AI platform that offers retail traders top-grade tools and capabilities. The aim is to transform the crypto trading platform market that has been forecasted to hit $135.7 billion by 2032. This trading platform encompasses advanced tools that are designed to offer better trading signals.

Traders are confused most of the time, especially when they try to trade using conventional trading platforms. This is because they usually have many indicators, which makes it difficult for traders to know whether to buy or sell. Some of the indicators often point to the buyer signal, while others point to the seller signal.

Interestingly, employing over 100,000 inputs, Intel-ArrayTM from IntelMarkets analyses each signal to derive one signal, which makes decision-making easier. Further, IntelMarkets has a dual architecture and can function on the Ethereum and Solana blockchains.

This makes it ideal for traders who want cheap, fast transactions and access to smart contracts. IntelMarkets is currently in the presale stage. Available at just $0.027364 per coin, the INTL token has attracted more than $1 million towards funding. Analysts predict a price increase of 1,000% in the months ahead.

Final Thoughts

As IntelMarkets makes waves with its AI trading bot, Dogecoin (DOGE) and Ethereum (ETH) investors are joining the bandwagon. Analysts believe this approach will attract more users to the IntelMarkets ecosystem, making it the best crypto investment for future gains.