Some crypto stories turn heads. One investor made $1.7 million from a $300 investment in Dogecoin (DOGE) after riding the waves of excitement generated by the meme. But as the markets are getting more erratic, even ardent DOGE fans are exiting: Is it time to cash out?
At this moment, most of the attention is being diverted towards IntelMarkets. This platform appeals to investors who are willing to go beyond the regularly fluctuating meme coins. With a balanced approach and tools designed for steady growth, IntelMarkets provides a stable path forward. Continue reading to learn how it could attract investors looking for a more strategic future.
How a $300 Dogecoin Bet Turned into $1.7 Million
In 2014, one investor put down $300 on Dogecoin (DOGE) when it traded at just $0.000123. When DOGE rocketed to nearly $0.70, that modest investment grew to $1.7 million—a staggering 7,000% gain. It’s a story of crypto’s thrilling potential, especially in meme coins. Now, with DOGE trading around $0.1423, its momentum is back in the spotlight.
Today, technical indicators suggest more room to run. A golden crossover—where the 50-day moving average climbs above the 200-day—signals a potential uptrend. The Dogecoin rally has paused near $0.15, a common resistance level. To keep momentum, DOGE must break through $0.14232, a key Fibonacci retracement point. If it does, the next target is $0.193.
Adding to the excitement, 80% of DOGE’s trading volume is “in the money” or bought below today’s price. This strong position, combined with fresh social media buzz and Elon Musk’s periodic support, has traders feeling optimistic. Still, significant resistance lies between $0.1460 and $0.1717, where sellers might challenge further gains.
Is It Time to Cash Out Dogecoin Profits?
Dogecoin’s recent 7% rally, fueled by Elon Musk’s playful nod to “D.O.G.E.” at a Trump rally, has reignited interest in the coin. As of October 28, trading around $0.145, the price of DOGE has increased by 14.65 %, also making a golden bullish cross – a price technical indicator that shows more favorable trends to come.
Maintaining a position above $0.141, which is a significant Fibonacci retracement level, DOGE eyes $0.156 and $0.171 targets within the approaching weeks.
Nonetheless, this rally poses the issue of sobering up the earnings. Considering that 80% of the DOGE volume is ‘in years’, some early investors may look at this point as the perfect moment to cash out their profits.
Although some metrics, like RSI and the stochastic oscillator, show momentum is building; history shows that Dogecoin has rarely experienced such price swings. For investors keen to take profits and search for other options, platforms like IntelMarkets (INTL) offer a more stable way to reallocate gains and continue growing their portfolios.
IntelMarkets (INTL) – A New Home for Strategic Crypto Investors
IntelMarkets has quickly become a go-to platform for investors ready to move beyond meme coin volatility. For those who wish to book their profits and diversify, IntelMarkets provides an ecosystem driven by AI that is aimed at better and more tactical forms of trading.
Having a distributed ledger and advanced AI systems incorporated into it brings everyday traders AI systems that were before the reserve of large corporations. Its native AI layer, Rodeum, assists in analyzing the market for lucrative trading opportunities. Paired with the Intell-M channel analysis, this setup paired macro and technical insights to help traders forecast the changing markets.
For those wanting automated control, IntelMarkets (INTL) also has trigger orders, including take-profit and stop-loss options, to manage risk with less hands-on effort. Thanks to all these features, IntelMarkets has already raised $1.62 million in its presale. This indicates the high demand from investors who wish to hop in earlier by buying the tokens, which are priced at $0.0365.
Apart from offering members discounts on trades and voting rights, the INTL token is ideally suited for investors looking to reinvest returns into a safer portfolio. Supported by AI, IntelMarkets adds an extra layer of security and precision for users.
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com/
Buy Presale: https://buy.intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
