ETH, DOGE prices fall, investors turn to hot AI coin after price rises 700%
The post ETH, DOGE prices fall, investors turn to hot AI coin after price rises 700% appeared on BitcoinEthereumNews.com.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Ethereum and Dogecoin face decline, investors are rotating into a booming AI coin that has already surged 700%, signaling a shift in investors’ choice. Since Ethereum (ETH) and Dogecoin (DOGE) are down, investors are now focusing on relatively new crypto projects like Intel Markets (INTL). The AI Coin has proven to be a crypto gem after recording gains of over 700%. The goal of Intel Markets is to transform the crypto trading platform which is worth $36.5 billion. Given its low market cap and AI capabilities, Intel Markets could become the next best cryptocurrency to buy for up to 10x gains in 2025. Ethereum set to reach new peak A crypto expert called 5_0Trading told his followers recently Ethereum is on its way to a new high. The analyst forecasts that crossing the $3,900 level could be the key to this uptrend. Meanwhile, the Ethereum coin has been trading in a narrow range in the past few weeks. Data from CoinMarketCap shows the value of the altcoin has been consolidating between $3,309.16 and $3,512.12 in the past week. The value of the Ethereum token had plunged by 0.9% on the weekly chart. The losses have also extended to higher timeframes. The biweekly and monthly charts have price declines of 14.9% and 7.9%, respectively. Going forward, the Ethereum crypto is facing an immediate resistance at the $3,500 level. Crossing this region could kickstart a price rally at the start of the new year. Potential targets include $5k and $6k. Dogecoin repeats patterns, says analyst In a recent post on X, a top analyst called Trader Tardigrade notes the Dogecoin token could be gearing up for a massive upswing. According…
Filed under: News - @ January 2, 2025 8:13 am