Dogecoin Who? These 2 Altcoins Will Go So High That You Will Regret Not Buying Them Earlier
The current development in the cryptocurrency space means that new and creative projects are gradually outperforming earlier promising tokens. True to their character, Dogecoin (DOGE) and Fantom (FTM) have had their share of the up-and-down roller coaster ride, but investors are now turning their attention towards the new DeFi project called IntelMarkets (INTL).
Dogecoin (DOGE): From Meme Coin to Mainstream Recognition
Dogecoin was created in 2013 as a joke. It has since come a long way and even attracted celebrities like Elon Musk. DOGE hit its all-time high of $0.7376 in May 2021, when the token barely had any use cases in the real world. At that peak, Dogecoin had risen about 12,000% in one year, and this was due to retail interest and social media adoption.
However, this momentum has yet to be continued to the present date. Currently, Dogecoin is trading at $0.125 per coin, which is quite a drop from the regular price. Despite being among the most-known tokens in the industry, DOGE price movements show that the token mainly survives owing to the community and price pumps fueled by the media.
For long-term investors, Dogecoin is a high-risk investment because Dogecoin has the potential for limited market acceptance due to its meme status and weak continuous development. Coins like Fantom (FTM) are appealing alternatives, but IntelMarkets (INTL) may be the right way to go.
Fantom (FTM): A High-Performance Blockchain with Scalability
Fantom is another token popular in the DeFi and innovative contracts niche. To overcome some of the problems observed in earlier blockchains, such as Ethereum, Fantom uses a new consensus algorithm known as the Lachesis Protocol, which enables it to handle thousands of transactions within a second. FTM spiked to its highest price in October 2021 at $3.48 due to increased interest in easily extensible blockchains.
For instance, in the last few days, Fantom’s price has been between $0.70 and $0.80, currently at $0.75. In particular, FTM has constantly improved its development team and the network’s infrastructure but has suffered from the current bear market. As a DeFi, Fantom is a good project with the prospect of being unique in the high-speed blockchain space, which means the project has to keep improving to remain relevant.
IntelMarkets (INTL): The New AI-Powered DeFi Coin with Massive Potential
Currently, the unique AI-powered platform for efficient trading (IntelMarkets) is a place to stand out in the market. Assigning between DeFi and artificial intelligence, IntelMarkets intends to revolutionize trading with automated strategies and analytics tools based on data to give accurate trading insights. Currently priced at $0.027, the entry price into the coin offers investors a low entrance and great potential for significant returns.
The growth of the IntelMarkets community is evident by the presale success; it raised over $1.2 million in record time. Secondly, the project’s dual chain architecture has further increased its appeal because you can perform transactions on Ethereum and the Solana network. The best part is this flexibility, which creates better accessibility. Still, at the same time, it makes scalability more suitable, something many DeFi projects need help to achieve.
For traders, IntelMarkets features multiple markets, high liquidity, and distributed trading resources. With its plans to reshape the $347 billion crypto trading market, IntelMarkets is built as a DeFi hub, taking a big step from Dogecoin or Fantom. Unlike older projects providing P2P trading or barely staking, IntelMarkets is built as a DeFi hub.
Conclusion: Why IntelMarkets (INTL) Is the Altcoin to Watch
Dogecoin and Fantom are heavyweights in the cryptocurrency revolution, the first to extend in a specific direction. Nevertheless, their shortfalls signify the need for innovation—such as in IntelMarkets’ case. By being steeped in AI and bringing a unique DeFi focus, IntelMarkets is well-suited for today’s traders who demand more from their trading tools.
With an excellent entry price and tremendous growth potential, IntelMarkets is a great buy for those who missed out on Dogecoin and Fantom’s early days. If you’re hoping to win big in crypto, buying up your INTL now is a choice new crypto players may want to follow.
Disclaimer
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About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
More articlesGregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.