It is another green week as the crypto market skyrocketed, with new Bitcoin ATHs and altcoins exploding. Solana (SOL), one of the top crypto coins, nears its all-time high of $260 after gaining significant traction, while Dogecoin (DOGE) crossed $0.4.
With a full-blown bull market on the horizon, IntelMarkets (INTL), a new AI-DeFi crypto, is set to be at the forefront. Its bullish narrative and solid fundamentals as an AI-powered trading platform set the stage for massive growth.
IntelMarkets (INTL): Primed for a 100x Rally
IntelMarkets (INTL) is a new AI-DeFi token that is gaining significant traction. Gearing up to shake up the crypto scene and the broader crypto market, it is a new DeFi project to watch out for. Its impending transformation of the $347 billion crypto trading market with AI makes it primed for massive growth.
Standing at the crossroads between AI, DeFi, and blockchain technology, it will be the first protocol to integrate artificial intelligence across all levels. At its heart will be an AI-based blockchain and self-learning trading bots designed to give access to excellent trading strategies. Moreover, the Intelli-M trading system can perform technical calculations from multiple markets in seconds.
With adoption equal to growth and considering its solid fundamentals, it is set to be at the forefront of a full-blown bull market. Meanwhile, it is arguably the best crypto to invest in at the current price of $0.045 in the fifth stage of the ICO and is projected to witness a 100x rally after its debut.
Solana (SOL) Approaches Breakout Above ATH
Solana (SOL) basks in the spotlight as it maintains bullish traction. While it faced a setback—falling below $145—it gained huge traction this month, outpacing most top altcoins. The Solana price exploded over 35% in the past seven days and 50% on the monthly chart.
It retails around $220, 15% below its all-time high of $260. With a breakout imminent, Solana (SOL) is one of the altcoins to watch. Meanwhile, bullish forecasts have been flying around.
A crypto analyst, Logical TA, identified $230 as strong resistance and consolidating before a breakout. Their target is $1,000 and above this bull cycle, flipping Ethereum to become the second-largest crypto.
Another analyst, Dev Quant, echos this outlook, predicting a rally to $400 if SOL breaks out above the current ATH, with $1,000 as the long-term goal. Moreover, bullish indicators like the coin price trading above the 10-EMA and 10-SMA suggest further upswings.
Dogecoin (DOGE) Crossed $0.4
Dogecoin (DOGE), the leading memecoin, is one of the best altcoins. Its launch introduced the meme token narrative. Leading the unfolding meme craze, the Dogecoin price skyrocketed over 140% on the weekly chart and 40% in the daily timeframe on CoinMarketCap.
It retails above $0.4, within striking distance of its all-time high of $0.74. Given bullish technical indicators like the 14-Day RSI and the Dogecoin price trading above the 20-VWMA and 10-SMA, it hints at a sustained upward trajectory.
At the current pace, Dogecoin hitting $1 before the month’s end isn’t far-fetched. According to MiddleChildPabk, a crypto analyst, they suggest we could see DOGE between $1.69 and $2.69. Arvid Crypto, another analyst, lists $0.5 as the short-term target and $1.2 as the bigger goal.
Why Traders are Watching IntelMarkets (INTL) Despite Solana (SOL) and Dogecoin (DOGE) Upswings?
Solana (SOL) and Dogecoin (DOGE) lead the crypto market in gains, nearing their ATHs. Despite this, there is growing interest in IntelMarkets (INTL), a new AI crypto. Its bullish narrative and projected 100x rally post-launch make it a more compelling alternative.