The post IntelMarkets Enroute to Touch $1 in December; XRP and DOGE Holders Might Need to Wait Till 2025 appeared on BitcoinEthereumNews.com.

At present, the market is rapidly shifting due to the falling off of prices of Bitcoin most especially its effect on smaller cryptocurrencies. Lots of altcoins are also affected by this. The two small coins facing challenges are Ripple (XRP) and Dogecoin (DOGE). On the other hand, it has been reported that IntelMarkets (INTL) is on the verge of becoming a revolutionary player in the crypto terrain, just like the others. It is expected, according to forecasts, that it can be up to $1 by December. Ripple (XRP): Navigating Turbulent Waters Ripple is recognized as a major cryptocurrency because its aim is to make cross-border payments easier. Nevertheless, in the far-off months, XRP is amid the lows of the regulatory uncertainties and the floundering of the market. At this moment, XRP is worth about $0.54, considerably lower than the peak value of $3.84 it reached in January of 2018. XRP has shown its ability to recover from shocks in the past; however, the unusual price jumps in recent times have sparked some worry. Last week, XRP’s rate increased by 3%.  However, due to the ongoing legal battle with the SEC, investors are showing disinterest in betting on the future of the token. According to analysts, XRP may not be able to recover its all-time highs unless adverse news concerning Ripple’s legal issue does not happen soon. Dogecoin (DOGE): From Meme to Market Influence Dogecoin, which was first created as a meme, has recently gained a lot of traction in the market, especially during the recent meme coin craze. Now, DOGE is priced at $0.11, which has dropped widely from its highest point of $0.73 in May 2021. The pain points also show the crisis in the market; this is something that is common for cryptocurrencies that are based on memes.…

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Filed under: News - @ October 16, 2024 9:26 pm