Price: $0.39576 4.1439%
Market Cap: 58.13B 1.7644%
Volume (24h): 8.75B 0.4%
Dominance: 1.7644%
Price: $0.39576 4.1439%
Market Cap: 58.13B 1.7644%
Volume (24h): 8.75B 0.4%
Dominance: 1.7644% 1.7644%
  • Price: $0.39576 4.1439%
  • Market Cap: 58.13B 1.7644%
  • Volume (24h): 8.75B 0.4%
  • Dominance: 1.7644% 1.7644%
  • Price: $0.39576 4.1439%
Home > Information news > Analysts point at a new AI coin rising the ranks while Dogecoin (DOGE) and NEAR Protocol (NEAR) slide.

Analysts point at a new AI coin rising the ranks while Dogecoin (DOGE) and NEAR Protocol (NEAR) slide.

Release: 2024/10/08 20:03 Reading: 899

Original author:Crypto Daily™

Original source:https://cryptodaily.co.uk/2024/10/analysts-point-at-a-new-ai-coin-rising-the-ranks-while-dogecoin-doge-and-near-protocol-near-slide

Analysts point at a new AI coin rising the ranks while Dogecoin (DOGE) and NEAR Protocol (NEAR) slide.

A Promising AI Coin Defies Market Trends

Amid a general market downturn, a new AI-driven cryptocurrency has emerged as a standout performer, defying the downward trend. While Dogecoin (DOGE) and NEAR Protocol (NEAR) have experienced declines due to selling pressure, this coin has surged to new price levels during its ongoing public presale.

Introducing IntelMarkets: A Lucrative AI Coin

IntelMarkets has garnered attention as a promising AI coin in the midst of the resurgence of such projects. As a crypto trading platform specializing in perpetual contracts, IntelMarkets incorporates cutting-edge technologies into the cryptocurrency landscape, empowering futures traders with increased confidence and automation.

By integrating self-taught robots, IntelMarkets enables retail traders to tap into the power of artificial intelligence. These AI-driven products provide a competitive edge in the volatile crypto market, allowing traders to seize opportunities and execute trades seamlessly.

Blockchain-Based Architecture for Efficiency

In addition to its AI-driven platform, IntelMarkets is also a blockchain-based project built on Ethereum and Solana. This architecture leverages the speed, efficiency, and cost-effectiveness of these blockchains.

Bullish Presale Progress Amidst Market Volatility

Currently in its presale phase, the AI coin INTL has demonstrated significant bullishness despite the overall market downturn. As INTL enters Stage 3 of its presale at $0.027, investors anticipate a potential 307% return on investment when it reaches its final presale price of $0.11.

Dogecoin Faces Potential Double-Digit Dip

Crypto experts have voiced concerns over Dogecoin's recent price action, which has seen a 20% decline in market value. Prominent crypto analyst Kevin highlights a failed breakout attempt from a falling wedge pattern on DOGE's chart, raising concerns about the coin's future prospects.

Kevin suggests that sellers have overpowered buyers, leading to a price drop. The $0.10 support level is now at risk of being breached, indicating a potential decline to the next support level at $0.08.

NEAR Protocol Suffers Market-Wide Correction

NEAR Protocol has also been impacted by the broader market correction, losing 8.91% in value over the past week. Despite recent ecosystem innovations and partnerships, the coin has seen a decline in bullish sentiment.

INTL: The AI Coin Alternative

As DOGE and NEAR face challenges, INTL has emerged as an alternative investment option. By participating in its presale, investors can potentially reap significant returns, both during the presale and after the coin's launch on crypto exchanges.

With experts expressing optimism about INTL, it stands as a promising AI coin to consider for investment.

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