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The latest charts show some movement in Cardano (ADA) and Dogecoin (DOGE) prices. After a period of good performance they are seeming to have entered a phase of correction, which could have an impact on their future perfromances. Read on to find out where Dogecoin and Cardano are headed and why this popular AI crypto has 55,000% upside projections, making it the best choice for 2025.
Dogecoin launched in 2013 as a joke at Bitcoin, and has seen the price change drastically. DOGE was initially trading for tiny fractions of a penny and had largely gone unnoticed until 2021, when endorsements from famous people like Elon Musk, and soaring demand by investors sent its price to an all time high of around $0.7376 in May of that year. This increase in value was absolutely astronomical.
DOGE is currently trading at around $0.3, 4% down since yesterday at a market cap of $56.63B and a daily trading volume of $4.26B. This latest downward correction can be attributed to several factors including the hype dying down after the U.S election and the subsequent result of the appointment of Elon Musk as the head of the Department of Government Efficiency (DOGE), as well as general market trends.
While DOGE price may be able to recover to its November highs and even test the $1.5 mark, its explosive upside seems to be gone. Furthermore the general downturn in meme based cryptocurrencies serves as a reminder of their ever volatile nature, and questions their long term investment potential, as people are shifting to more utility based projects.
Launched in 2017, Cardano is recognized for its research-driven approach to blockchain technology. The ADA token hit an all-time high of $3.10 in September 2021 and has come a long way since then. Currently, Cardano is trading at $1.08 at a market cap of $35B and a daily trading volume of $1.74B. This ADA price is down 4% since yesterday and has left many concerned about its future.
In the near future, ADA's price may be influenced by several factors. The Cardano Summit which was recently held in Dubai introduced key partnerships and technological advancements. Most notably, EMURGO's collaboration with BitcoinOS (BOS) aims to enhance smart contract capabilities, potentially increasing ADA's utility and attractiveness to investors. Furthermore, the upcoming Chang hard fork is anticipated to introduce significant upgrades to the Cardano network, enhancing its functionality and scalability.
While all of these updates present a compelling case for Cardano's future outlook, its large market cap is putting a limit on its returns. That's why if you are looking for the next big thing in crypto that promises exponential returns in 2025, this popular AI-powered altcoin should be your choice.
Unlike DOGE and ADA, being established cryptocurrencies, IntelMarkets (INTL) is a relatively new player that offers a platform that combines artificial intelligence (AI) with decentralized finance (DeFi) and aims to revolutionize crypto trading. IntelMarkets' trading platform offers advanced trading strategies, real-time data analysis, dual-blockchain functionality, quantum proofing, 1000x leverage, and many, many more features.
IntelMarkets is currently at its eighth presale stage and has raised more than $5M in funding, speaking for the impact it had. Furthermore, $550,000 from IntelMarkets funds came from Fortune 500 investors. INTL tokens are currently priced at $0.073 each, an attractive price for early backers. After the near launch, industry experts are projecting a 55,000% upside, placing INTL in a league of its own. Don't miss this opportunity for life changing gains and get on board today.
While Dogecoin and Cardano have provided impressive returns in the past, their current market positions suggest limited room for exponential growth. In contrast, IntelMarkets (INTL) offers a unique value proposition through its AI-powered trading platform and is poised for significant returns of more than 55,000%, according to some experts. Investors seeking high-reward opportunities will appreciate INTL as a welcome addition to their portfolios.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
