Whales Eyeing Dogecoin, TRON, and IntelMarkets Amid Crypto Market Downturn

Earlier this week, Bitcoin, the leading cryptocurrency, experienced a significant dip, falling below the $57,000 mark. This sharp decline triggered a wave of selling activity across the market. Despite the bearish trend, some altcoins have caught the attention of large investors, commonly referred to as whales. Among these, Dogecoin (DOGE), TRON (TRX), and IntelMarkets (INTL) stand out as promising investments.

The resilience and potential for significant returns make these altcoins attractive options, particularly IntelMarkets (INTL). This emerging cryptocurrency has captivated investors with its promise of an 11x gain by its launch date and further growth afterward. This makes it a compelling new altcoin to watch closely.

IntelMarkets (INTL) has quickly risen to prominence within the crypto community. Its considerable upside potential is one reason for its growing appeal. Additionally, its unique offerings set it apart in the crowded market. INTL aims to revolutionize the $36 billion global crypto trading industry, positioning itself as a major player in the next wave of market innovation.

As a presale token, IntelMarkets is less affected by broader market downturns, providing a strategic hedge against volatility. Early investors can expect substantial gains, with projections of an 11x increase by the launch date. The estimated listing price is $0.11, making the current presale price of $0.009 in the initial ICO stage an attractive entry point. Furthermore, analysts forecast a 35x upswing following its debut before the year’s end.

A significant driver of demand for INTL is its AI-powered trading platform. By incorporating artificial intelligence into cryptocurrency trading, INTL aims to revolutionize the trading landscape with unparalleled computing power. Additional advantages include a variety of asset pairs, enhanced liquidity, and dual-chain functionality compatible with both Solana and Ethereum networks.

Dogecoin (DOGE), known as the first memecoin, remains a favorite among retail investors and institutional players alike. Despite recent market turbulence, Dogecoin has shown remarkable resilience. Analysts predict a breakout above $0.1 in the near future.

Over the past month, Dogecoin’s price has increased by more than 10%. Unlike many other altcoins, it has maintained much of its gains through market downturns. As recovery looms, whales are increasingly adding DOGE to their portfolios, betting on its potential.

The upcoming weeks are expected to be dynamic for Dogecoin, with forecasts suggesting a rally past $0.5 before the end of Q3.

TRON (TRX), a prominent Layer-1 blockchain, is also on the radar of savvy investors. Following an impressive performance last month, TRON continues to attract attention from those seeking to capitalize on its next bull run.

August was particularly notable for TRON, as it outperformed the broader market and reached an annual peak of $0.17. This surge was driven in part by the popularity of TRX memes, putting it in direct competition with Solana and Ethereum memes. The long-term outlook for TRON remains exceptionally bullish.

Currently trading just below its annual all-time high amidst the wider market decline, TRON is poised for recovery. Analysts predict a 3x increase in TRX price before year-end, potentially surpassing its current all-time high of $0.3.

As the crypto market prepares for a rebound following Bitcoin’s recent decline, Dogecoin, TRON, and IntelMarkets emerge as top picks among whales. Projections suggest DOGE will rally past $0.5 before Q3 ends, TRX will achieve a new peak by Q4, and INTL will see an 11x increase by its launch date with a potential 35x rally post-launch.

  • Priyanka

    Priyanka works in NYC as freelancer editor for one of the famous entertainment news blog.

    Related Posts

    Quickswap and Aave Thrive Amid Crypto Downturn as RCO Finance Gains Traction with Innovative AI Features

    The cryptocurrency market is currently facing a challenging period, with Bitcoin and various altcoins experiencing significant downturns and heightened selling pressure. Bitcoin, the flagship cryptocurrency, has been hovering around the…

    Cybersecurity News Week: Ransomware Attacks, Malware Campaigns, and AI Innovation

    USENIX Security ’23: Bridging Microarchitectural and Architectural Side Channels with (M)WAIT Ransomware Crisis: 83% of Businesses Victimized—Are You Next? Cyberattack Targets Malaysian Officials Using Babylon RAT Malware Why Attackers Have…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Call My Agent! – A French Comedy-Drama Surpassing Emily in Paris in Authenticity and Depth

    • By Priyanka
    • September 19, 2024
    • 0 views
    Call My Agent! – A French Comedy-Drama Surpassing Emily in Paris in Authenticity and Depth

    Quickswap and Aave Thrive Amid Crypto Downturn as RCO Finance Gains Traction with Innovative AI Features

    • By Priyanka
    • September 19, 2024
    • 0 views
    Quickswap and Aave Thrive Amid Crypto Downturn as RCO Finance Gains Traction with Innovative AI Features

    Patience Key for Emerging Bowler Nahid Rana: Andre Adams

    • By Priyanka
    • September 19, 2024
    • 0 views
    Patience Key for Emerging Bowler Nahid Rana: Andre Adams

    Record-Breaking Stunt in ‘The Fall Guy’ Outshines Box Office Performance

    • By Priyanka
    • September 19, 2024
    • 1 views
    Record-Breaking Stunt in ‘The Fall Guy’ Outshines Box Office Performance

    Cybersecurity News Week: Ransomware Attacks, Malware Campaigns, and AI Innovation

    • By Priyanka
    • September 19, 2024
    • 1 views
    Cybersecurity News Week: Ransomware Attacks, Malware Campaigns, and AI Innovation

    M-League Clubs Allowed 12 Foreign Players for 2024-2025 Season

    • By Priyanka
    • September 19, 2024
    • 1 views