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With elections approaching, crypto investors are turning their heads to DOGE. It’s known for price jumps when big events happen, and this could be another one of those times. PEPE, another meme coin known for its major price changes, is also showing some activity.
Meanwhile, a lesser-known but high-potential token, IntelMarkets (INTL) is starting to get noticed. With already $1.67M+ raised in its presale, some investors are thinking it could be next in line to ride the current wave. Read this article for more info about this.
Dogecoin Price Outlook as Election Hype Builds
Election season is driving activity in the crypto market, and DOGE is part of the action. It’s trading at $0.1723, up over 3% in the last week. Trading volumes have risen to $3.18 billion, almost a 39% increase, with a market cap of $25.27 billion. This has made the traders look forward to the next possible movement, particularly for the Dogecoin price.
Recently, Robinhood added new support for DOGE transfers. Users can now deposit and withdraw DOGE, plus enjoy a 1% deposit bonus until November 30. Earlier this year, Robinhood faced issues with regulations and large DOGE withdrawals. This latest update could help rebuild user confidence in their platform and Dogecoin price movements.
Also, technically, DOGE showed strength as it held above the $0.141 support level and reached $0.15. If it stays above this range, the next target is $0.162. Experts think a potential “golden cross” could form, a pattern that has led to rallies in past years and is likely to affect the Dogecoin price.
Experts are saying that the upcoming elections might significantly influence the direction of DOGE in the future. With heightened anticipation and potential market shifts, Dogecoin price is one to keep an eye on. Traders are now poised to seize any opportunities, putting the Dogecoin price at the forefront of their strategies.
PEPE Follows DOGE With Surprising Resurgence
PEPE has been on a rough path as it was traded at $0.05823 after dropping 14.34% this week. However, some recent advancements may change its course for the better. Similar to DOGE, Robinhood Crypto Europe supports PEPE transfers and is offering a 1% deposit bonus for a limited time to increase user engagement.
This step is in line with Robinhood’s broader push to expand crypto options for European users. Analysts think this move could help PEPE find its place in a busy market. When PEPE first got listed on Robinhood, it saw a 15% price bump. Now, some believe that this new support could trigger similar responses if conditions play out favorably.
The recent dip shows the challenges meme coins face, but analysts still see room for PEPE to recover. The outcome depends on market trends. Moreover, whether PEPE will follow Dogecoin’s past rallies or carve its own path is still up in the air.
Will IntelMarkets Match the Momentum of DOGE and PEPE?
IntelMarkets (INTL) is making moves in the crypto market. Although Dogecoin and PEPE have grabbed some of the spotlight, it’s showing promise with features that could draw in both seasoned and new traders.
The most noticeable feature of IntelMarkets is 1000x leverage. It means a $100 trade could turn into $100,000 with the right market move and even the slight changes in the market can bring significant results. Furthermore, INTL gives access to exclusive trading opportunities, usually only available to large-scale investors handling $100 million or more.
But that’s not all. IntelMarkets also provides real-time market data, customizable indicators, and detailed charting tools. All these help traders make quicker, more informed decisions without unnecessary complications.
Moreover, with copy trading, traders can follow the trade of IntelMarkets’ expert in-house trading team, which has managed to pull off 5x to 15x returns even during tough market periods.
Currently in presale, the platform has already raised $1.67 million with 9M+ tokens already sold. Now priced at $0.04, IntelMarkets is well-positioned to match the comeback of DOGE and PEPE.
With its range of tools and solid support, it provides traders with exciting opportunities to capitalize on the market movements. If DOGE and PEPE keep climbing, INTL could easily join in and attract growth-oriented investors.
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com/
Buy Presale: https://buy.intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
Source: https://finbold.com/dogecoin-price-outlook-election-rally-sparks-hope-for-investors-will-intl-match-doge-pepes-bullish-comeback/