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Two of the biggest names in the crypto market, Ethereum and Dogecoin have both hit major milestones. The total supply of Ether recently crossed 120 million while IntoTheBlock has ranked DOGE as the most profitable memecoin with a market cap above $1 billion.
Despite these exciting developments for these leading cryptos, it is the Intel Markets coin that has caught the attention of investors. Opening new markets to traders, experts are backing Intel Markets to play a huge role in the future of the exchange space.
Ethereum (ETH) Supply Skyrockets Lead By Staking and Restacking
Ethereum (ETH) has recently hit a major network milestone as the total supply of Ether crossed 120 million. According to the latest data on Ultrasound.money, the total Ether supply has increased to approximately 120.28 million.
Over 77,091 Ethereum tokens were issued over the last 30 days as interest in staking and restaking rises. The growing momentum of staking and restaking protocols also helps to boost the security and rewards of the Ethereum blockchain.
Also, there has been an improvement in the market sentiment on the Ethereum price chart. Following the drop below the 20 mark on the Stochastic Oscillator, the price of Ethereum has been on the rise, recovering the $2,600 support.
Dogecoin (DOGE) Becomes Most Profitable Memecoin
Dogecoin (DOGE), the OG memecoin, has been officially named the most profitable meme cryptocurrency among those whose market caps are above $1 billion. This report from IntoTheBlock is a major milestone for Dogecoin as it has not experienced an explosive price growth like other memecoins.
According to the IntoTheBlock data, Dogecoin has the highest ratio of “in/out of the money,” with 73.14% profitable addresses. The closest competitor of DOGE amongst memecoins is Floki Inu (FLOKI), with 70.49% profitable addresses.
The Dogecoin price chart is also looking optimistic. The RSI indicator on the daily Dogecoin price USD chart is signaling a hidden bullish divergence. According to the Dogecoin price prediction of Javon Marks, if this breakout happens, the memecoin could rally by more than 510% to hit $0.653.
Intel Markets See Huge Interest As It Enters a Bigger Market Than ETFs
There is a lot of excitement about Intel Markets, a new crypto exchange bringing exciting opportunities to traders. Intel Markets is a perpetual exchange that has cutting-edge AI tools to help traders improve their results.
The perpetual market is significantly bigger than ETF trading. According to Richey May, the average daily trading volume of Bitcoin perpetual futures was over $57.7 billion, dwarfing the $18.8 billion in spot trading. Intel Markets grants traders access to this rapidly growing market with other innovative features like 1,000x leverage, advanced trading tools, and copy trading.
Intel Markets also boasts of dual-chain support, operating on both Ethereum and Solana to give traders the best experience. These features have made Intel Markets the fastest-growing new project, raising the demand for its native token, INTL.
Why Investors Are Leaving Ethereum and Dogecoin for Intel Markets
While the more popular projects, ETH and DOGE, are looking set for a rally, Intel Markets represents a more attractive offer. With the exchange set to dominate the growth of the crypto exchange space, analysts are sure the INTL coin, now only priced at $0.009, can skyrocket to $1 before the year ends.
Discover More About Intel Markets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
Source: https://finbold.com/ethereum-and-dogecoin-hit-huge-milestones-but-all-eyes-are-on-this-new-exchange-coin-for-profits/