Algorand (ALGO) has shown remarkable resilience, bouncing back from a recent dip to capture investor attention and gain a notable 9% increase in price. Recent market dynamics indicate a surge
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Dogecoin News Update: Why DOGE Whales Are Turning to This Trending New Crypto Despite Trump`s Inauguration
Preparations are complete for Donald Trump’s inauguration as the next president of the United States, following his election win that triggered a surge in cryptocurrency prices. With “Dogecoin influencer” Elon Musk playing a significant role in Trump`s victory, there is speculation that DOGE price might experience a strong rally as January 20 nears. Yet, is there another crypto phenomenon gaining the interest of DOGE whales, potentially offering larger profits than DOGE? Keep reading for more insights. DOGE price stumbles as Dogecoin`s new year`s surge fades Dogecoin kicked off the new year with a bang, attempting to recover from last month`s losses within the first week. Nonetheless, this surge was short-lived. The DOGE price declined soon after, as fear, uncertainty, and doubt (FUD) prompted weak holders to sell. Dogecoin has since continued its downward trajectory, falling by around 20% over the past month. Despite this, not all hope is lost for the meme coin leader. Dogecoin’s daily trading volume remains in the billions, showing genuine investor interest. Furthermore, Dogecoin whales have accumulated millions of DOGE recently, which seems to have temporarily halted the decline. While this is positive news for DOGE, rumors persist about DOGE whales acquiring large quantities of other cryptocurrencies. This split attention might explain why DOGE hasn’t gained momentum, despite its significant trading volume. Impact of Trump’s Inauguration on DOGE Price The prevailing belief within the crypto community is that a turnaround is imminent, particularly for Dogecoin. With Donald Trump, a figure supportive of cryptocurrencies, stepping into office, there`s a good chance of an upcoming bull market. Trump has appointed Paul Atkins, a known advocate for crypto, to head the Securities and Exchange Commission. Paul is expected to ease the SEC’s grip on crypto projects and introduce regulations that favor cryptocurrencies, potentially boosting their adoption. This change is likely to drive Dogecoin’s price upward. Analysts predict a robust rally post-inauguration, with Dogecoin poised to recover its losses and embark on a steady rise to reach a new peak. Boosting Your Crypto Returns Trump’s inauguration is set to significantly influence cryptocurrency prices, similar to the effect of his electoral win. While established coins like DOGE are expected to climb as he enters the White House, new and innovative tokens like Remittix are anticipated to see the most appreciation. In case you haven`t heard, Remittix is a groundbreaking protocol enabling anyone to send fiat to any bank account directly from their wallets. It boasts strong fundamentals, revolutionary utility, and is gaining traction in the crypto world. RTX is already enjoying a strong rally, and the Trump inauguration will highlight its innovative status, attracting more users. This gives it enormous potential for substantial gains for early investors. Cryptocurrency analysts are forecasting that RTX will ride the forthcoming bullish trend, potentially going viral and offering investors up to a 10,000% return on investment. This makes joining the presale a compelling option for crypto investors eager to capitalize on this opportunity. Explore the future of PayFi with Remittix by visiting their presale here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice. CoinOtag
Can Dogecoin Return to Prominence Again? Mainstream Trends Show 230% Demand Surge For Viral AI Altcoin
A consolidation around $0.33 has characterized Dogecoin’s price action in the past 24 hours. Notably, this perambulation around the $0.32 mark has seen DOGE holding above an important trendline that could make or break its trajectory. Interestingly, DOGE is also exhibiting what looks like the formation of a climax bottom, according to a recent technical analysis of Dogecoin price action. This observation comes from crypto analyst Trader Tardigrade, who shared insights into Dogecoin’s price structure and a positive outlook for the king of meme coins- DOGE. At the same time, IntelMarkets grabs attention with its massive ascent of 230%. The AI platform has soared to $0.82 in the presale stage 9 with a staggering presale raise of $6.5 million. Experts claim further ascent for the coin. DOGE News: Dogecoin Price Holds Strong Above Support Trendline In a recent analysis on the social media platform X, Trader Tardigrade noted that Dogecoin price has maintained its position above a vital support trendline. This support trendline is located around $0.315 and has been a pertinent area for Dogecoin price since the middle of December 2024. This support level arose after DOGE briefly broke below the $0.27 mark on December 20 before rebounding upwards. As pointed out by Trader Tardigade, the ensuing structure from this break formed what was a selling climax for DOGE. However, DOGE’s selling climax might not be the end of the correction. Instead, Dogecoin price might still be in the process of completing a “selling climax bottom,” which is a more extended formation that sets the stage for a Dogecoin price correction bottom. At present, the Dogecoin price is retesting the support trendline at $0.315 following a recent surge to $0.39. This retest is seen as a critical step in the broader price structure. According to Trader Tardigrade, the price action represents a “secondary test” (ST), a technical move that serves to confirm the validity of the selling climax bottom. By holding above this level, Dogecoin strengthens its chances of transitioning from a correction into an extended recovery upward. IntelMarkets (INTL) Poised For Another 230% Rally! IntelMarkets (INTL) is revolutionizing DeFi and trading by combining advanced AI with blockchain technology. Its AI-powered trading bots analyze market data, execute real-time transactions, and adapt to market trends. These bots offer personalized insights, helping traders optimize strategies for maximum profitability. Yet one of the standout features of IntelMarkets is its AI marketplace, which offers ready-made trading strategies and algorithms for multiple asset classes. That opens up these tools to retail traders, closing the gap between hooking up to the exchange and accessing its underlying trading technology. The Intelli-M trading system is a further innovation layer in place that conducts lightning-fast technical analysis across various markets. The fact that this levels the playing field and enables the trader to capitalize on profitable opportunities with the greatest precision and minimal effort is what makes this efficiency so important. Top priority, the QuantumX Wallet, is equipped with quantum-proof custody to protect against future cybersecurity threats. In addition, the $1 million Route X21 research initiative shows IntelMarkets’ commitment to be ahead of the game concerning quantum computing challenges. IntelMarkets is gathering steam with over $6.5 million raised in its presale and a token price of $0.082. Early investors are aiming for returns of more than 330% when the token launches on Tier 1 exchanges, and experts say the market cap should be around $1 billion. Discover More About Intel Markets: Presale: https://intelmarkets.io/ Buy Presale: https://buy.intelmarkets.io/ Telegram: https://t.me/IntelMarketsOfficial Twitter: https://x.com/intel_markets Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here . CoinOtag