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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.
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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Following SHIB’s success, XYZ coin could bring 19,900% gains: $1,000 could yield $200k
Published
11 hours agoon
November 7, 2024By
adminDisclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Following Shiba Inu’s success, XYZ Coin promises a 19,900% surge—turning a $1,000 investment into $200k in a community-driven sports and meme coin movement.
The cryptocurrency landscape is no stranger to remarkable surges, with tokens like Shiba Inu turning small investments into life-changing sums. Now, a new player is capturing attention with the promise of extraordinary returns. Could this be the next opportunity that transforms a modest stake into a significant fortune? XYZ Coin, uniting sports enthusiasts and meme culture, aims to outperform previous successes by creating a dynamic community-driven ecosystem.
Score big with XYZ: The meme coin champ
XYZ is stepping into the crypto ring and crushing the competition – leaving behind fake projects and farm schemes as it charges forward. The first-ever sports-focused meme token has tackled the bear market with style and is aiming for a jaw-dropping growth.
XYZ isn’t just another memecoin – it’s the ultimate arena for sports lovers and crypto fans alike. With the powerhouse of XYZVerse, it’s where the thrill of the game meets the excitement of meme culture. And with entertainment dApps on the way, millions of fans will be flooding in to join the action.
XYZ could break all records, leveraging the booming sports and gambling niche to become the lead of meme coins. BOME’s 5,000% lift-off and WIF’s 1,000% rally are yesterday’s news – XYZ’s projected 19,900% explosion post-TGE is what’s got everyone talking.
Active supporters will score airdropped XYZ tokens as a reward, while rock-solid tokenomics, CEX/DEX listings, and steady token burns keep prices climbing. XYZ is positioning itself for a championship run.
Interested investors can check out XYZ presale which is now live.
Shiba Inu
Shiba Inu began as a meme coin inspired by Dogecoin, but it’s quickly making a name for itself. Launched in August 2020 by an anonymous creator, Ryoshi, SHIB runs on the Ethereum blockchain. This allows it to tap into Ethereum’s vast network of applications. Starting with one quadrillion tokens, half were sent to Ethereum co-founder Vitalik Buterin to build trust in the crypto community.
Buterin donated a large amount of SHIB to the India Covid Crypto Relief Fund and burned 40% of the supply, reducing the number of tokens in circulation. This boosted SHIB’s profile and showcased its potential impact. Unlike Dogecoin, SHIB’s Ethereum base supports projects like ShibaSwap, a decentralized exchange. Plans for a future platform for NFTs and a system where holders can influence its direction add to its appeal. As the crypto market looks for coins with real use, SHIB’s growing ecosystem makes it stand out.
Conclusion
XYZVerse, uniting sports fans, aims for massive growth, potentially surpassing coins like SHIB, PEPE, and MOG, making it a movement in crypto and sports culture.
To learn more about XYZ, visit the website, Telegram, and X.
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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Shiba Inu and Floki are old news; only this new altcoin may turn $100 into $12,000 by spring
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1 day agoon
November 6, 2024By
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As top coins fade, a new altcoin promises huge gains—$100 could become $12,000 by spring. Here’s why it’s drawing attention.
A new player in the cryptocurrency world is making waves. As some digital coins lose their shine, this fresh altcoin offers astonishing growth potential. Turning a modest $100 into $12,000 by spring might sound unreal, but the buzz suggests otherwise. Uncover why this coin is capturing attention and how it could redefine quick gains in crypto investments.
DOGEN: The unrivaled memetoken for true alphas
Imagine living life on your own terms — luxury cars, piles of cash, and the kind of lifestyle that turns heads everywhere. That’s the power of DOGEN!
DOGEN is for the kind of people who thrive on leveling up. It’s the meme token crafted for true alphas — those who win, and then win some more.
DOGEN is ready to explode! We’re talking a massive 500% rise before the presale even closes — and that’s just the appetizer. DOGEN aims for those legendary thousand-fold gains that make meme tokens the talk of the town. Early adopters ride high, while others scramble to catch up — be the one already leading the charge!
No worries, DOGEN is here. Positioned as the new alpha in the Solana meme coin pack, it’s running alongside heavy hitters like BONK, WIF, and Popcat, all of which skyrocketed by 1000% or more at some point. DOGEN may be flying under the radar now, but it’s primed to set new records in this bull run.
Got that DOGEN drive? Perfect! DOGEN is hosting an exclusive airdrop. All it takes is flexing influence online, securing some tokens during the presale, and assembling a DOGEN crew via a referral link. For each new recruit, users will earn a sweet 20% share of their Golden Points from token purchases.
Secure DOGEN and take over the crypto world. Early adopters get exclusive perks, and with DOGEN’s fierce referral game, rake in gains from every direction.
Shiba Inu: An Ethereum-based meme coin with growing utility
Shiba Inu is a meme coin inspired by Dogecoin but with a key difference: it runs on the Ethereum blockchain. Launched in August 2020 by an anonymous creator named Ryoshi, it started with 1,000,000,000,000,000 tokens. Half of these were sent to Vitalik Buterin, co-founder of Ethereum, who donated a large portion to the India Covid Crypto Relief Fund and burned 40% of the total supply. SHIB’s compatibility with Ethereum allows for the development of applications like ShibaSwap, a decentralized exchange, and plans for NFTs and decentralized governance. These features could increase its utility in the crypto space. Its attractiveness in the current market depends on these developments and market trends.
Floki: A meme coin evolving into a utility token with real-world impact
Floki, inspired by Elon Musk’s 2021 tweet about naming his Shiba Inu “Floki,” started as a meme coin but has grown beyond that origin. It aims to provide utility and foster charity within its ecosystem, contributing to building schools in countries like Laos and Nigeria. Floki’s expanding ecosystem includes the NFT metaverse game Valhalla and the DeFi service FlokiFi, enhancing its utility. Partnerships like the one with NOWPayments and the introduction of the prepaid Floki Card allow FLOKI tokens to be used for real-world transactions. This diversification into NFTs, DeFi, and practical use cases sets Floki apart from other meme coins, showcasing its potential beyond speculative trading.
Conclusion
While SHIB and FLOKI show less short-term potential, DOGEN emerges for those seeking success and luxury. With high growth potential and following the path of successful tokens like BONK and Popcat, DOGEN is building a community of leaders aiming to dominate the market. It offers real benefits, including exclusive campaigns and perks for early adopters.
For more information, visit the official DOGEN website and join the community on X and Telegram.
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SOL faces decline as XRP and this new crypto stand strong, winning trust
Published
1 day agoon
November 6, 2024By
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As Solana struggles, Lunex Network and XRP rise as strong alternatives, with Lunex poised for explosive growth.
Solana’s recent challenges have left many investors disappointed, and some fear that continued struggles could lead to an exodus of investors. However, this decline has opened the door for XRP and Lunex Network to emerge as compelling alternatives.
While XRP is a well-established player in the market, Lunex Network is the exciting hot new crypto that’s shaking things up. With these two contenders gaining momentum, Solana may find it difficult to maintain its position.
Lunex Network about to take Solana investors
While many new cryptocurrencies settle for mere speculative investment, Lunex Network is breaking the mold with an exciting range of offerings. This smart platform is building a comprehensive crypto exchange that aims to stand shoulder-to-shoulder with giants like Binance and Uniswap, and its unique design could even help it outpace Solana.
Lunex Network allows trading of more than 50,000 currency pairs on its Decentralized Exchange. The platform supports trading on over 40 blockchains, with instant cross-chain transactions. Adding extra convenience, Lunex Network offers seamless interoperability through the Lunex Bridge, quickly matching trades between ecosystems and ensuring users can trade however and wherever they want, all through one platform.
Lunex Network also offers portfolio trackers, providing users with real-time data and a seamless interface that encourages data-driven investing. Analysts have predicted massive growth for Lunex Network at launch, and the speed at which its presale is growing shows that investors have confidence in it. Lunex Network is poised to become one of the biggest names in the market, and traders can invest in this hot new crypto with just $0.0019.
Solana might be going into free fall
Solana has faced significant challenges over the past week, experiencing a decline of nearly 9%. This downturn is disheartening, particularly for investors who were optimistic about SOL reaching a new all-time high by the end of 2024. With the current performance, many seem to have lost hope.
Shortly after the decline began, Canary Capital filed for a SOL ETF. However, this positive news did not help SOL’s trajectory, and it continued falling. While other prominent cryptocurrencies reclaimed their all-time highs, SOL couldn’t break the $200 resistance, and the recent decline suggests it can’t break it before the year ends.
XRP shows resistance despite negative news
The XRP news cycle has been a nightmare for investors since early October when the US SEC filed its notice of appeal. This caused a notable decline of over 20%, but XRP has shown significant resilience since then. Despite the broader market downtown and negative XRP news, the cryptocurrency has only fallen by 0.8% over the past week.
This resilience shows that XRP won’t be suppressed by the SEC lawsuit anymore. After almost four years of suppression, investors and analysts believe that 2025 could be XRP’s year as it could follow the expected market resurgence.
Lunex Network and XRP about to leave Solana in the dust
XRP and Lunex Network are considered top choices by many analysts, with both poised for significant performance in 2025. However, Lunex Network is the standout to watch. While XRP may present a solid investment opportunity, it pales in comparison to Lunex Network’s potential. Additionally, Solana will face considerable challenges in trying to keep pace.
To learn more about Lunex Network, visit the official website and its socials.
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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