The crypto market has failed to live up to its Uptober hype despite the increasing developments and activities that have been recorded in the past week. Top crypto coins like Binance Coin (BNB) and Dogecoin (DOGE) are consolidating in a narrow range.
While waiting for the Dogecoin (DOGE) price to reach the $1 price level, there is another exchange coin that has caught the attention of investors who are in search of huge returns. Analysts say this new coin, IntelMarkets, has the potential to rival Binance Coin (BNB) in terms of gains in the coming months.
Binance Coin (BNB) Expected To Reach $1,000 Soon
Binance Coin (BNB), the native token of Binance, the largest centralized exchange in the market, is trading between $500 and $600 on the weekly timeframe. The cryptocurrency, which has a market cap of over $82 billion, soared past the $700 mark in June, setting a new all-time high.
At the moment, the Binance Coin BNB is trading above the 50-SMA ($555.66) and 200-SMA ($531.21), a sign of bullish control. These levels can even act as support in the case of a downtrend.
While analysts are looking forward to a rally that will take the Binance Coin price to $1,000, many fear the altcoin has reached its peak and can no longer give investors the ROI they want. So, investors are moving away from the Binance Coin crypto and are going toward low-capped exchange coins like IntelMarkets which has promising potential.
IntelMarkets (INTL) To Rival BNB With 10x Surge
IntelMarkets (INTL), an advanced AI trading platform, has become popular among investors. This project has tools that allow traders to analyze technical information of more than one thousand indicators to gain an accurate signal. Also, IntelMarkets is a dual-chain structure that supports two blockchains, Solana and Ethereum.
Traders can choose anyone depending on their needs. While Solana gives fast transactions at low cost, Ethereum is the gateway to high liquidity and smart contracts. IntelMarkets also provides an analysis of over 100 thousand cryptocurrencies. Major market movements will, therefore, be within the reach of traders to evaluate and make the right trading decisions.
This is because of the self-learning trading robots based on the Rodeum AI technology. The most notable trait of this particular trading robot is that the software does all it can to minimize risks by learning from mistakes and improving its strategies.
This will make IntelMarkets one of the leading players in the perpetual future contracts market that sees daily volumes of over $100 billion. Now, in its third round of presale, experts are stating that IntelMarkets could see its price jump tenfold before the end of the year. The DeFi coin is currently priced at $0.027364 and has raised over $1.1 million in funding.
Dogecoin (DOGE) Price Prediction
Over the past three months, the price of Dogecoin (DOGE) has been fluctuating between $0.08 and $0.14. This is a very poor price performance given the status of Dogecoin crypto as a top meme coin.
While other memecoins like Popcat recently crossed the $1 mark, DOGE still has a long way to go for this to happen. Meanwhile, the Dogecoin Coin holders are still very bullish about the future.
Besides, they have been accumulating a large number of DOGE coins in the past month as many await the bull run. IntoTheBlock data shows that 73% of holders are in profit with just 25% in losses, adding to the positive sentiment.
Going forward, analysts forecast the Dogecoin price could soar to the 200-SMA at $0.121919. However, such a move could take longer if the bearish momentum in the crypto market lingers.
IntelMarkets, A Strong Contender for Binance Coin (BNB)
Оwing to its main innovative features and entrance into the perpetual future contracts market, IntelMarkets has been rapidly gaining popularity among investors. While Dogecoin (DOGE) is dreaming about reaching the $1 mark, IntelMarkets is already becoming a serious contender on the playing field. Analysts believe it is the best cryptocurrency that can hit $1 soon.
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
