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Analyst says $1 is impossible for Shiba Inu, Dogecoin price soars

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As doubts grow over Shiba Inu’s $1 potential, IntelMarkets gains favor for AI utility, while Dogecoin surges, drawing investors.

While anticipation builds in the crypto space, experts are beginning to question whether Shiba Inu (SHIB) will ever reach the $1 price point. Investors are currently looking at other potential candidates like IntelMarkets (INTL) to do the same. 

Unlike the Shiba Inu coin, IntelMarkets has a better chance of hitting $1 because of its more impressive use and integration of artificial intelligence. On the other hand, the market has received a new wave of interest in Dogecoin (DOGE), and its price has jumped up again, which has attracted the attention of investors.

Shiba Inu can’t reach $1, says investing haven

A crypto analyst from Investing Haven has shared a bearish forecast for Shiba Inu enthusiasts by rejecting their goal of reaching $1 per coin. The analysis cited SHIB’s large circulatory supply of 589.26 trillion as a major obstacle.

The analyst also talked about other obstacles, like the need for massive supply burns and real-world utility. In the meantime, the Shiba Inu crypto price has reduced its losses on the weekly timeframe. 

The memecoin has been on an uptrend in the past two days, partly due to the ongoing US elections. According to CoinMarketCap’s data, SHIB’s price surged from $0.0000165 to $0.0000195. 

Meanwhile, the 14-day RSI of the Shiba Inu token has risen close to the 50 mark, signaling an uptrend. CryptoPopeye forecast the value of the meme coin could increase to $0.00002156 in the next few days.

IntelMarkets, a better crypto to hit $1

IntelMarkets (INTL) is gaining traction in the crypto market, rising to a new high of $0.045727. It has raised over $1.91 million and is quickly closing in on $2 million. Going forward, analysts forecast the value of IntelMarkets could soar to $1 in the future based on its unique utility and integration of artificial intelligence.

IntelMarkets wants to become an industry leader by introducing new features that will be relevant to traders in the DeFi market. One of these features is the self-learning AI trading bots, which monitor market changes within seconds. In contrast to conventional bots, IntelMarkets’ trading bot can learn and evolve with every trade. It can also follow set strategies and risk levels. 

In addition to the trading bots, IntelMarkets is also flexible in its manner of operation. It can function on the Solana and Ethereum networks, hence allowing the trader to opt for the network that is most favorable in terms of their needs. Meanwhile, IntelMarkets has a native token called INTL, which has many uses in the platform.

INTL token holders can stake their tokens, receiving passive income with high returns and creating an additional line of revenue. AI technology, network flexibility, and passive income opportunities make IntelMarkets an effective tool for modern traders who want to enjoy a comprehensive trading experience.

Dogecoin crosses $0.2 mark

Dogecoin has been on an uptrend in the past few days, enjoying positive sentiment from the US presidential election. Data from CoinMarketCap shows its value has increased 12.0% on the weekly timeframe to cross the $0.3 mark from a bottom of $0.145.

If the bullish run continues, the Dogecoin crypto might be able to post a new yearly high. First, the Dogecoin price must surpass the resistance at the $0.2288 level and hit another yearly high.

The cryptocurrency’s 14-day RSI is above the middle line, further backing up the bulls. Hasan forecast the value of the Dogecoin token might surge to $0.33985 in the coming weeks if the uptrend continues. However, if a price fall occurs, Dogecoin may slide down to the support level of $0.1423.

Final thoughts 

While the chance of Shiba Inu getting to $1 seems more of a dream now, more attention shifts to low-cap coins like IntelMarkets. IntelMarkets has unique features and potential for growth, which makes it a good cryptocurrency to buy for future profits.

For more information, visit the IntelMarkets presale website and join the community on Telegram and X.

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Experts say these 3 altcoins will rally 3,000% soon, and XRP isn’t one of them

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Experts spotlight Rollblock, Near Protocol, and Render as top altcoins poised for 3,000% growth, leaving XRP out of the rally projections

Industry experts are buzzing about three altcoins set for substantial growth and are forecasting a 3,000% rally. Near Protocol is gaining popularity for its scalability and developer-friendly design, and Render is redefining decentralized digital rendering with its platform. 

Meanwhile, Rollblock, a rising star in crypto gambling, is capturing interest with its unique DeFi integration. XRP, however, is notably absent from these projections, making way for these exciting contenders.

Rollblock: Transforming online gambling with web3 technology

Rollblock (RBLK) is redefining the traditional casino model for the modern era through its web3-powered platform. With the online gambling market valued at $450 billion and projected to grow by 8% annually over the next decade Rollblock is perfectly positioned to disrupt this thriving sector.  

Unlike traditional casinos known for dishonest practices, Rollblock ensures complete transparency. Each transaction is saved on the Ethereum blockchain, enabling players to place bets securely and fairly. The platform offers over 7,000 immersive games, including poker, roulette, slots, and new titles, including Candyland and Cash Compass. Rollblock also launched a sports betting option last month, and this upgrade has received overwhelmingly positive feedback.

Trust is at the heart of Rollblock’s mission, reflected in its gaming license from the respected Anjouan Gaming Authority. The casino also offers a revenue-sharing model that rewards holders. Weekly, a percent of the casino’s revenue will be used to buy back tokens, burning 60% and distributing the remaining to holders. 

The platform’s unique approach has attracted over 32,000 presale registrants, with RBLK tokens now priced at $0.043 in stage 9 of its ICO. Analysts believe this GambleFi gem has the potential for a meteoric rise, predicting a run to $10 by 2025 as Rollblock cements its place among the leaders in crypto gaming.

Near Protocol’s BlockDAG innovation sparks optimism

Near Protocol has dropped by 10% to $5.02 during the last twenty-four hours as it enters a bearish market pattern. Despite that, its 24-hour trading volume jumped 81%, suggesting that investors are buying the dip. In comparison, XRP also slid by 6% during the same period. 

Over the last month, Near Protocol lost 11% of its value, decreasing from $5.60 to $5.02. Nonetheless, the protocol is continuing to improve its blockchain scalability features. Near Protocol’s adoption of BlockDAG technology is set to improve efficiency, delivering faster transaction speeds and enhanced security. This innovation positions Near Protocol as a candidate for blockchain leadership.

Render holds strong amid market volatility

Render’s value has dropped by nearly 8% over the last 24 hours and is now trading at $6.94. Despite the dip, trading volume surged by 52%, indicating steady investor confidence in Render amid market volatility. Recently, Render achieved a $5 billion market cap and solidified its position as one of the leading AI coins. 

Currently ranking third in social dominance among the top five AI cryptocurrencies, Render trails FET and VIRTUAL, both of which have gained traction in recent weeks. However, Render’s robust market presence keeps it a significant player in the AI and blockchain industries.  

While XRP faces challenges in the broader market downturn, Render’s continued advancements set it apart. Analysts suggest RNDR could hit $15 by Q1 2025, aligning with growing confidence in AI-focused cryptocurrencies, much like XRP’s steady appeal among institutional investors.

Rollblock outshines XRP, Render, Near Protocol with 3000% growth potential

While XRP, Render, and Near Protocol face notable declines, Rollblock is gaining momentum as the most promising contender for long-term growth. Unlike its struggling counterparts, RBLK shows impressive resilience and upward potential, making it a standout in the crypto market. 

For more information, visit the Rollblock presale website and join the online community.

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Investors bet on this $0.0013 token destined to leave Cardano and Shiba Inu behind

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A $0.0013 cryptocurrency is gaining investor buzz, poised to surpass Cardano and Shiba Inu with its market potential.

A new cryptocurrency valued at only $0.0013 is drawing remarkable attention from investors. This low-cost token is generating buzz for its potential to surpass well-known players like Cardano and Shiba Inu. The excitement surrounding its rapid rise is fueling speculation about its future impact on the market.

DOGEN soars through stage 9 presale, positioned for explosive growth on Solana

DOGEN continues to make waves, advancing to Stage 9 of its presale with tokens now priced at $0.0013. For investors seeking high-growth opportunities, DOGEN’s projected 500% pre-launch surge highlights its strong potential for substantial returns.

Why DOGEN stands out

DOGEN has built a vibrant community of forward-thinking investors, offering exclusive perks to reward early supporters and drive long-term value:

  • Airdrop Rewards: Token bonuses tailored for early adopters.
  • Referral Incentives: Rewards for expanding DOGEN’s network.
  • Multi-Level Referral Structure: Earn up to 20% from network purchases.
  • Staking Income: Generate passive returns through staking.
  • Exclusive Campaigns: Access special events and initiatives for community members.
Investors bet on this $0.0013 token destined to leave Cardano and Shiba Inu behind - 1

A vision beyond meme coins

DOGEN’s roadmap signals a shift from meme status to a functional asset, with the upcoming DogeTap app exemplifying this movement. Prioritizing transparency and regular audits, DOGEN differentiates itself in the volatile crypto market, establishing itself as a credible and resilient option within the Solana ecosystem.

With its strong growth trajectory, innovative features, and mounting investor interest, DOGEN is poised to capitalize on the momentum of both the meme coin market and Solana’s robust framework. Early investors have a unique opportunity to ride this promising wave.

Cardano: A scalable and sustainable blockchain platform

Cardano is a blockchain platform built for smart contracts, enabling decentralized finance apps, crypto tokens, and games. Its native cryptocurrency, ADA, lets users store value, make payments, and stake on the network. Cardano stands out for its energy-efficient proof-of-stake mechanism, Ouroboros, which is more sustainable than traditional proof-of-work models. 

The blockchain is divided into two layers: the Settlement Layer for transactions and the Computing Layer for smart contracts. This design enhances its transaction processing capability, potentially up to a million transactions per second. With its focus on scalability and sustainability, ADA shows strong potential. In the current market cycle, the coin appears attractive due to its innovative technology.

Shiba Inu: The Ethereum-based meme coin driving innovation

Launched in August 2020 by the pseudonymous developer Ryoshi, Shiba Inu (SHIB) has quickly grown into a standout meme coin on the Ethereum blockchain. Inspired by Dogecoin, SHIB leverages Ethereum’s ecosystem for enhanced functionality and scalability. With an initial supply of 1 quadrillion tokens, half were famously sent to Ethereum co-founder Vitalik Buterin, who donated a large portion to the India Covid Crypto Relief Fund and burned 40% of the supply, significantly reducing its circulation.

Unlike its predecessor Dogecoin, SHIB is building a robust utility-focused ecosystem. Key developments include ShibaSwap, a decentralized exchange, and plans for an NFT platform and governance framework, highlighting its ambition to go beyond meme status. SHIB’s Ethereum integration positions it as a versatile asset with potential applications in decentralized finance (DeFi) and other blockchain-based innovations.

Conclusion

With the bull run of 2024 underway, DOGEN stands out as a token designed for those seeking luxury and success. While ADA and SHIB show less short-term potential, DOGEN aims for significant growth, following in the footsteps of successful tokens like BONK and Popcat. It builds a community of market leaders and offers real benefits, including exclusive perks for early adopters.

For more information, visit the official DOGEN website and join the community on X and Telegram.

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XRP’s $5, $10 goals are trending, but this altcoin with 7,400% potential takes the spotlight

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XRP targets big gains, but a new altcoin with 7,400% potential is poised to outshine, capturing market attention.

XRP has been making headlines with ambitious price targets, capturing the interest of crypto enthusiasts. Yet, an emerging altcoin boasting an astounding potential return of 7,400% is poised to steal the limelight. Could this under-the-radar cryptocurrency become the next major player, overshadowing XRP’s goals and seizing the market’s attention?

Move over XRP: XYZ targets 7,400% gains to steal the spotlight

In a crypto market rife with contenders, XYZ stands apart. Its presale has already demonstrated its potential, with the token’s price leaping from $0.0001 at launch to $0.001 in just a few months — a staggering 1,000% surge. Now priced at $0.001333 in its current presale stage, XYZ is set to rise again to $0.002 in the next stage, climbing toward a projected $0.1 at launch.

This trajectory marks a remarkable 7,400% potential increase, making XYZ a serious contender for the top spot in this altcoin season.

Why XYZ could overshadow XRP

More than just another token, XYZ embodies the spirit of sportsmanship and competition. As part of the XYZVerse ecosystem, it combines meme coin hype with the booming demand for sports-themed dApps, prediction markets, and sports betting. Its robust roadmap and high utility position it as a long-term player, not a flash-in-the-pan trend.

While XRP garners attention with price speculation, XYZ delivers tangible progress:

  • Presale Momentum: With rapid stage progress, XYZ has already shown its ability to attract a loyal following.
  • First-Mover Advantage: As the first all-sports meme coin, it taps into a massive, underserved market.
  • Rock-Solid Foundations: Audited smart contracts, a vetted team, and plans for major CEX/DEX listings ensure a secure and credible investment.

XRP’s $5 and $10 targets may turn heads, but XYZ offers something truly extraordinary — a chance to secure exponential returns while riding the wave of an altcoin movement. With its presale stages flying by and the final target of $0.1 in sight, XYZ is a rare opportunity for those who act fast.

Don’t wait for XRP’s next move; seize the chance to invest in a token with real growth potential and a unique edge. XYZ is more than a meme coin; it’s a movement set to reshape the altcoin landscape.

XRP

Over the past six months, XRP has shown significant growth, with its price increasing by over 360%. In the last month, the price surged by approximately 105%, indicating strong upward momentum. However, the past week saw a slight dip of about 3%.

Currently trading between $2.03 and $2.73, XRP is approaching its resistance level at $3.02. A break above this could propel it toward the next resistance at $3.73, representing a significant gain. On the downside, support levels at $1.61 and $0.9041 provide a safety net against declines.

Technical indicators present mixed signals. The 10-day Simple Moving Average is $2.28, just below the 100-day SMA of $2.44, suggesting short-term bearishness. The Relative Strength Index is around 43, indicating the asset is neither overbought nor oversold. The MACD level is slightly negative at -0.0252, hinting at potential consolidation. Overall, XRP’s robust performance suggests potential for further growth, especially if it can surpass key resistance levels.

Conclusion

While XRP’s ambitious goals are impressive, XYZVerse’s 20,000% growth potential and unique sports-meme blend might steal the spotlight in the 2024 bull run.

For more information, visit the XYZVerse website and follow the project on X and Telegram for the latest updates.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.



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