The uptick in the prices of memecoins suggests an impending meme season. It is no secret that the meme narrative often outperforms other narratives
Memecoins, a narrative that has consistently outperformed others and the broader crypto market, continue to pique investor interest. Top memes like Dogecoin (DOGE) and Shiba Inu (SHIB) are resuming their uptrends, eyeing further gains.
Presale tokens, a class of emerging cryptocurrencies with significant upside potential, are also forming a part of investors’ strategies. At the forefront is IntelMarkets (INTL), an AI-powered smart trading platform that aims to revolutionize the crypto trading market.
Given its impending adoption, it has become a new favourite among investors, promising substantial gains. Here's a closer look at each of these assets and why they're attracting attention.
IntelMarkets (INTL): Primed for a 100x Upswing After Market Debut
IntelMarkets (INTL), the talk of the town, is an emerging altcoin that sits at the intersection of DeFi trading and AI. Its unique approach as an AI-powered trading platform makes it a strong contender in the global crypto trading market, which is valued at $36.5 billion.
The presale has been quickly selling out as investors rush to become early adopters. A token currently costs only $0.009 in the first stage of the ICO.
This low entry point is part of the appeal, along with the coin's significant growth prospects. Industry experts are even forecasting a 100x uptick after its launch, making it an investor favourite for huge gains—even compared to established coins like Dogecoin and Shiba Inu.
Beyond the gains, its smart contract audit ensures it's a safe and secure investment. As for its competitive advantages in the world of trading, it will offer users access to restricted trades, copy trading and other advanced features.
The cherry on top will be trading from a single margin account—a capability that allows traders to manage multiple positions using the same collateral.
Dogecoin (DOGE): Soaring Past $0.1
Dogecoin (DOGE) single-handedly introduced the memecoin narrative after its launch in 2013. It took a lighthearted approach to crypto by combining memes (a cute Shiba Inu) with cryptocurrency, ultimately giving birth to the meme narrative.
Since its launch over a decade ago, it has managed to cement its status among the top altcoins. As the first memecoin, its memetic appeal largely stems from being the pioneer.
This has made it a favourite among both retail and institutional investors, further contributing to its price outlook. Lately, the bulls have been on a strong run, pushing the Dogecoin price past the $0.1 level.
Anticipating further upticks is a recent Dogecoin price prediction, which highlights that DOGE is on a clear path toward $0.5 before the year’s end, despite short-term price fluctuations. This makes it a good crypto to HODL ahead of a full-blown meme season.
Shiba Inu (SHIB): New Peak on the Horizon
Shiba Inu (SHIB) arrived in 2020, aiming to follow in DOGE’s footsteps. While the latter enjoys the first-mover advantage, SHIB's growth has been undeniable. The dog-themed cryptocurrency is the leading Ethereum-based memecoin, boasting market dominance.
While its performance this year hasn’t been as promising, its outlook remains bullish. The latest Shiba Inu coin all-time high was during the 2021 bull market, specifically on October 28.
Since then, it has seen over 80% downturn, which, on the bright side, presents a good buying opportunity.
This is further highlighted by a popular Shiba Inu price prediction, which hints at a new ATH at the peak of this bull cycle, which will likely fall between Q4 and Q1 2025. This explains why savvy investors have been bidding high and expanding their portfolios; you shouldn’t miss out as well.
The above is the detailed content of IntelMarkets (INTL): Primed for a 100x Upswing After Market Debut. For more information, please follow other related articles on the PHP Chinese website!