It’s been months and Dogecoin’s (DOGE) struggle continues. The pioneering and leading memecoin has faltered at every opportunity to break the $0.15 resistance, a level last seen in early June.
Amid growing uncertainty, sentiment has shifted to Toncoin (TON) and this rising ICO star, IntelMarkets (INTL). With TON on a recovery journey after the recent slump, INTL is a new DeFi project to watch out for given its blend of AI and crypto trading.
IntelMarkets (INTL): A Novel AI-Based Blockchain
IntelMarkets (INTL), a novel altcoin tipped to become one of this year’s biggest breakout stars, is the latest on investors’ radars. It stands at the crossroads between AI and DeFi, boasting a unique and bullish narrative. Its impending transformation of the global trading scene with AI technology makes it an easy favorite among investors.
Aiming to break into and transform the $36 billion global crypto trading market, IntelMarkets will integrate AI across all levels. Unlike conventional trading platforms, the ecosystem will be powered by a proprietary AI-based blockchain. In addition, its dual-chain architecture means it supports and can run on both the Ethereum and Solana blockchains.
The above explains rising interest and demand, with the presale soaring past $370,000 in the first few weeks. A token costs only $0.018 in the second stage and is primed for massive growth. Besides the over 10x gain from presale participation, analysts project a 45x rally after listing, making it more promising than Dogecoin (DOGE) and Toncoin (TON).
Dogecoin (DOGE) Struggle Continues
Dogecoin (DOGE), the first and leading fun-themed cryptocurrency, ranks among the top 10 cryptocurrencies. Its debut in 2013 introduced the memecoin narrative, which has since become one of the hottest trends, despite initial thoughts of being a fad.
However, since its March high of $0.22, Dogecoin (DOGE) has been in a steep decline. On the monthly timeframe, the Dogecoin price consolidates between $0.11 and $0.09. Zooming out a bit, it has struggled to break the $0.15 resistance, a level last seen in early June.
While analysts are confident of a comeback, new memecoins seem more appealing, at least for the near term. A Dogecoin price prediction suggests a jump past $0.5 before the year’s end, which places it on the list of altcoins to watch.
Toncoin (TON): Road to Full Recovery
Toncoin (TON), originally developed by Telegram, is now under the control of the TON Foundation. Nonetheless, it is still integrated into the messaging app as a payment method, adding to its use cases.
In light of the massive onboarding of users to Telegram and the Toncoin ecosystem through the viral mini-game apps, TON is set for massive growth. After the sharp downturn in August following the arrest and indictment of Pavel Durov, TON is on the road to full recovery.
In the past 7 days, the Toncoin price soared, up by 7% and trading above $5.7. Next in its sight is flipping the $6 resistance, which, according to forecasts, might play out in the coming days. Another Toncoin price prediction hints at a close above $7.5 before the end of Q3, driving huge demand and interest.
Conclusion
As Dogecoin’s (DOGE) struggle to break the $0.15 support persists, investors have shifted to Toncoin (TON) and IntelMarkets. TON is on track to reclaim higher price levels, while INTL is tipped for a 45x upswing after listing. To make the most of the anticipated bull run in Q4, we suggest checking out the INTL presale.
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