The crypto market is witnessing renewed vigor as top crypto coins like Binance Coin (BNB) and Dogecoin (DOGE) are now trading in the green region. On the other hand, there is a new, dual-chain trading platform that has been identified as the best crypto investment for 2024.
Leaving out Binance Coin and Dogecoin, analysts forecast IntelMarkets price could skyrocket by 10x in the coming weeks. Such potential makes it a must-have for investors who want gains this year.
Binance Coin (BNB) on An Uptrend
Over the past month, Binance Coin (BNB) has recorded 20 green days out of 30, a sign that bulls have been in control of the market. For the last seven days, the Binance Coin crypto has been on an upward trend, increasing 9.1%. The token has relatively high upward movement lately and it may be a good entry time.
BNB, which dropped below the $500 level, is now trading above the 50-SMA ($554.57) and 200-SMA ($531.24). The 14-day RSI of Binance Coin BNB has also crossed the 50 mark, signaling a potential uptrend to the overbought region if bears don’t regain control of the market.
With such bullish sentiment, the Binance Coin price might rally to $697.41 in the coming weeks. It could also rise to $731.66 before the end of October, according to Changelly.
Dogecoin (DOGE) Set for a Massive Rally, Says Analyst
In a recent tweet, Ali Martinez told his followers Dogecoin’s (DOGE) price movement is following a historical pattern. Here, the Dogecoin crypto would break out of a multi-year descending triangle, record a 200% price increase, and then fall 60%.
Afterward, the memecoin’s value would skyrocket to new levels. Currently, Martinez revealed that the Dogecoin token just witnessed a 65% retracement and could be gearing up for a massive price surge.
The analyst posted a chart on X, which showed the Dogecoin price soaring to a new peak of $1.90. In the meantime, the memecoin is trading between $0.09 and $0.13 on the monthly timeframe.
It is trading above the 50-SMA at $0.106195 but has failed to cross the 200-SMA at $0.122767. Still, the sentiment around Dogecoin (DOGE) is bullish now and supports a surge to the upside.
IntelMarkets (INTL) Moves Into Crypto Trading Market With New Tools and Features
IntelMarkets (INTL) is a dual-chain system that operates to address the problems that traders face in the $36.5 billion global crypto trading industry. IntelMarkets can function on Solana and Ethereum, giving investors access to unique features. Interestingly, they can easily switch from one blockchain to another based on what they want.
Traders can have access to Ethereum’s smart contracts, security, and decentralized finance platforms. That is not all. They can also make use of the fast speed together with low charges common to operations in Solana. Additionally, IntelMarkets has artificial intelligence trading bots powered by Rodeum AI.
These bots, which are self-learning, can be trained to follow certain trading strategies, risk levels, and even market patterns. Their efficiency increases with every trader because they learn from their mistakes. Some other features IntelMarkets has to offer include leverage of up to 1000:1, high liquidity, big feeds data, and copy trading.
Due to the features described above, analysts have no doubts that IntelMarkets will dominate the $36.5 billion global crypto trading market. The project is at the third stage of its crypto ICO, and its token is priced at $0.027364. IntelMarkets has also raised over $920k in funding.
Why INTL Will Outperform Binance Coin and Dogecoin
Some analysts project a higher growth potential for IntelMarkets than Binance Coin (BNB) and Dogecoin (DOGE) because it is developing a groundbreaking trading platform that may become the image of a $36.5 billion market. Consequently, analysts said that the price of INTL may surge tenfold this year and give a higher ROI as compared to BNB and DOGE.
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
Meta Title: Dual-Chain Trading Platform Named Best Crypto Investment for 2024, Surpassing Binance Coin and Dogecoin
Meta Description: A dual-chain trading platform is hailed as the top crypto investment for 2024, outperforming Binance Coin and Dogecoin in potential returns.
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