The post This Popular DOGE Challenger Is Bringing AI to Blockchain With Innovative Suite, $9 Million Raised appeared on BitcoinEthereumNews.com.

As the market focus shifts from meme-based tokens to utility-driven projects, Dogecoin (DOGE) is now facing competition. With Dogecoin’s price action subpar, many are turning to this popular DOGE challenger. With $9M raised already and innovative AI implementation in blockchain, it’s capturing retail interest. Read to find out more. Dogecoin Price’s Sinking: 27% Down On The Monthly Dogecoin became known to the public during the 2021 crypto boom, partly thanks to endorsements from Elon Musk and a surge in retail interest. In this span, Dogecoin’s price reached its all-time high of $0.7376 in May 2021. This was an incredible run for a meme-based token. However, up until November, the Dogecoin price had lacked momentum. In the days following the election results, Dogecoin’s price saw a 200% increase thanks to Elon Musk’s announcement that he would be heading the newly formed Department of Government Efficiency (DOGE). After this news, DOGE seemed to have entered a downward trend. Dogecoin’s price has been on the decline since January, down 27% on the monthly charts. This can be attributed to fluctuating market hype and conditions and a general move away from meme-based tokens. Currently, the Dogecoin price is sitting at $0.27, combined with its extremely large market cap of $40B, Dogecoin’s upside seems to be gone. DOGE investors have recognized this, and this is why they are turning away to this popular Dogecoin challenger. IntelMarkets (INTL): The Popular DOGE Challenger Raising $9M In contrast to Dogecoin’s meme appeal value, IntelMarkets (INTL) offers real-world utility. IntelMarkets is creating the most efficient trading platform by integrating artificial intelligence into the blockchain. Its AI-driven trading tools provide real-time market analysis and automation, giving traders an edge in a market that is becoming more competitive than ever. The INTL platform offers self-learning trading bots capable of analyzing vast…

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Filed under: News - @ February 16, 2025 12:09 pm