Of the meme coins in the crypto market, dog coins remain the most recognized, with Dogecoin (DOGE) leading the charge. The token has witnessed a lot of volatility, nearly hitting the coveted $1 from its all-time high (ATH) of $0.731 in 2021. Dogecoin recently witnessed a significant surge in its trading volume, increasing by over 250% in less than 24 hours. This surge also increased the token’s price by about 10% to a level that has not been attained since December 21st, causing traders to anticipate bullish returns.
InQubeta (QUBE) and Sui (SUI) are also receiving increasing investor attention as their demand surges in the crypto market. These tokens offer superb features, with market sentiment for their impending rally remaining positive. Sui’s surging Total Value Locked (TVL) is a significant attraction, while demand for InQubeta is centered on its unique crowdfunding model and surging presale. This article explores all three tokens and their bullish paths on the decentralized cryptocurrency list.
InQubeta (QUBE): AI Capabilities on the Blockchain
A rapid surge is in sight for InQubeta as the upcoming blockchain ICO rallies beyond expectation, recording more purchases from its ongoing presale. This cryptocurrency project merges the artificial intelligence (AI) and blockchain industry, providing a peer-to-peer trading platform where investors can crowdfund AI tech startups. Using non-fungible tokens (NFTs), InQubeta offers fractionated investments, appealing to all types of investors irrespective of their budget.
The QUBE presale is selling out fast, with over 734 million tokens sold. Stage 7 of the ten-stage journey is underway, with less than 15% of the allocated tokens for the presale remaining. InQubeta has recorded several incredible milestones, and increased demand for its token has propelled the project to raise nearly $9 million. The blockchain ICO has witnessed a 220% increase from its initial price of $0.007 to its current $0.0224.
With the completion of its presale journey in view, InQubeta is set to secure partnerships with top decentralized exchanges (DEXs), ensuring holders can trade their tokens easily. Its impressive features, including token burn and staking protocol, ensure the token has the utility to withstand volatility on the decentralized cryptocurrency list. Investors can still earn over 37% if they buy this token at a potential price of $0.0308 before its launch.
Dogecoin (DOGE): Falling Prices Despite Recent Rally
Many investors have experienced significant gains and losses with Dogecoin, and those who bought following its recent volume surge may have gotten the shorter end of the stick. The token surged by 10% in its market value and a surprising 250% in its volume, quickly recording $1.18 billion in its trading volume within 24 hours. This significant surge resulted from a Musk-induced rally, as traders anticipated DOGE would be one of the tokens accepted for peer-to-peer payments on the social platform X later this year.
X launched the official handle for its X Payments, and the token’s value took off at an alarming rate, with investors eager to gain from the potential surge of the DOGE coin. Much of the token’s growth is closely tied to Elon Musk and Twitter, causing positive market sentiment regarding the surge. The token fell by about 11% shortly after its rally, reversing all the gains that caused its recent hype. The token currently holds a support level above $0.079 and could surge again if it hits its key resistance level of $0.08393. While traders continue to hold out hope for Dogecoin, its volatility, rumored to be fuelled mainly by its increasing circulating supply, affects its market value.
Sui (SUI): Experiencing Unprecedented Gains
SUI has been bullish over the past month, raking in a remarkable increase of over 70% on the price charts. This DeFi cryptocurrency has made it to the top performer’s list as its developers strive to provide a blockchain for sending money online, making it as easy as sending an email. According to data from DefiLlama, Sui has entered the top chains by TVL, having crossed a significant milestone of over $400 million.
SUI holds a big green candle, and despite its drop from its ATH of $1.72 on its first trading day, it has maintained fair prices, leaving investors to anticipate increasing returns. Its rising TVL and trading volume, plus its focus on scalability, speed, and parallel execution, make it a top project to invest in for significant returns. Demand for Sui continues to increase as investors eagerly anticipate a surge to cross the $2 milestone.
Conclusion
Demand for dog coins like Dogecoin has dwindled as other top crypto coins attract increased investor attention. InQubeta and Sui are the top-performing altcoins set to surge. Investors seeking discounted gem tokens are flocking to the QUBE presale, eagerly awaiting to partake in the AI revolution. As the crypto market anticipates the incoming bull run, these tokens take center stage, poised to deliver impressive performances.
The post Dogecoin’s Volume Surge: Key Levels for Bullish Traders; Sui and InQubeta Experience Increased Demand appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing.
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