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The crypto market is heating up, and a trio of altcoins is poised to lead the September rally. As the dust settles on the recent market downturn, AAVE, Dogecoin (DOFE), and the emerging exchange token IntelMarkets (INTL) are emerging as potential breakout stars.
As September unfolds, these three altcoins are poised to capture the attention of investors and traders alike. Will they deliver on their potential, or will other contenders emerge to challenge their dominance? Let’s find out.
Is AAVE the Next Altcoin Breakout Star?
AAVE has been outperforming the bearish market mood, according to Binance statistics, AAVE increased over 47% alone in the last month to bring its total 90-day gains to more than 36%. Over the same time period, the majority of other cryptocurrencies saw double-digit losses.
AAVE closed 10 green candles during the previous 13 months, according to the monthly chart. Even while AAVE fell to the $70 zone in July and August, it rebounded sharply with long-wick candles, suggesting strong buying power.
AAVE peaked at $148 in August, but a minor correction sent it down to its current price of $138. It has surged by 10.48% in the last 24 hours and by 3.4% in the last week. AAVE might reach new heights if it surpasses its long-term price range continuing the ongoing bullish momentum.
Dogecoin Surges on Musk’s D.O.G.E. Announcement
Dogecoin’s (DOGE) price has risen by more than 6% today, crossing the $0.1 level and igniting market attention. The market’s excitement over the most popular dog-themed meme coin has recently increased due to Elon Musk’s backing, pushing hopes that it may rise to $1 soon.
According to Donald Trump, if he were to become president, he would propose that Elon Musk be given a senatorial or advisory role. In response, the tech tycoon said that he would like to head the “Department of Government Efficiency,” or “D.O.G.E.” This also shows his growing meme coin support. Musk also disclosed intentions to adopt “DOGE” as the department’s official mascot in a recent X post.
The market responded positively to these updates driving the price of DOGE past $0.1041 at the time of writing. At a 24-hour high of $0.1046, the cryptocurrency’s trading volume surged by over 74% to $680.4 million.
INTL Token Soars in Record-Breaking Presale
The hottest new project, IntelMarkets (INTL), took off right away after launching its public presale. After only a few weeks, the presale has received over $245,000 and is rapidly approaching half a million dollars.
Because of their uniqueness and growth potential, IntelMarkets (INTL) seems all set to compete with other big altcoins like AAVE and DOGE in the upcoming September rally.
With the use of artificial intelligence, this smart exchange protocol aims to revolutionize the world of cryptocurrency trading. It is expected to be mass adopted since it addresses some of the major issues that traditional exchange platforms face, such as poor liquidity and lack of different asset pairs. It is an excellent rival due to its 1,000x leverage, wide choice of asset pairings, and improved liquidity.
As for the presale, it’s in its early stages and provides the best access. Experts state that a token is primed for a 70x upswing and is competitively priced at $0.009. It is a new DeFi project to keep an eye on as it sails toward success.
Discover More About Intel Markets:
Presale: https://intelmarketspresale.com/
Buy Presale: https://buy.intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
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Source: https://en.cryptonomist.ch/2024/09/11/altcoins-september-rally-aave-dogecoin-trending-exchange-token/