Whales Accumulate 1B Dogecoin, 2024’s Hottest Altcoin Poised To Outshine Solana in Q1 2025

Whales Accumulate 1B Dogecoin, 2024’s Hottest Altcoin Poised To Outshine Solana in Q1 2025
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As the crypto market gears up for an exciting Q1 2025, IntelMarkets (INTL), the hottest altcoin of 2024 could outperform blue-chip projects like Solana (SOL). This DeFi coin is quickly becoming popular because of its potential for high returns. It has already given early backers up to 700% in profits and could rally to $0.5 before the end of this quarter.

Meanwhile, whales continue to make big moves, buying over 1 billion Dogecoin (DOGE) tokens. Tardigrade forecasts the value of the meme token could rise to $3.63 this year.

Whales Buy 1B Dogecoin (DOGE) As Price Rises

Ali Martinez, a technical analyst has drawn the attention of the crypto community to a recent whale accumulation. According to him, these large investors have bought over 1.08 billion Dogecoin (DOGE) in the past day.

This increased buying pressure comes after the Dogecoin crypto broke out of a descending triangle recently. Data from CoinMarketCap reveals the price of the cryptocurrency has increased by 8.6% in the weekly timeframe.

The value of the memecoin has also risen by 6.7% in the biweekly chart. In terms of price movement. The Dogecoin token is consolidating between $0.3087 and $0.3439 on the weekly level. The meme coin is currently facing strong resistance around $0.35.

Crossing this level could allow it to retest the $0.4 resistance. Meanwhile, Trader Tardigrade forecasts the Dogecoin price might rally to $3.63 before the end of this year. According to him, 2025 is a bullish year for Dogecoin (DOGE) based on historical year chart patterns.

Solana (SOL) Predicted To Reach $230-240

In a recent tweet, a crypto enthusiast, PikaCrypto5 predicted the value of Solana (SOL) could skyrocket towards the $230-240 region in the coming days. However, it must successfully break out above the $200 level. The value of the Solana token already crossed this mark on January 2.

Data from CoinMarketCap reveals the altcoin price has risen by 12.3% on the weekly chart and 9.4% on the biweekly level. Meanwhile, PikaCrypto5 noted that the Solana coin has strong support around $180-$190. Any price drop below this level could invalidate the prediction.

Based on technical analysis, bulls are in control of the market. The 14-day RSI has crossed the average mark, meaning more buyers are entering the market. Also, the Hull Moving Average (9) and VWMA (10) flash buy signals which means bulls are active. We might see the Solana price rise in the coming weeks.

IntelMarkets (INTL) is Leading the DeFi Revolution With AI Innovation

IntelMarkets (INTL) is progressing well in the DeFi sector and is in Stage 8 of its popular cryptocurrency ICO. The first strategic advantage of IntelMarkets is the innovative combination of AI and blockchain. The platform provides the trader with an innovative Multichannel Analysis tool to analyze the data of multiple assets at once and get real-time information for effective decision-making.

In addition, IntelMarkets has the highest flexibility due to the presence of a dual-chain architecture. It can run on both the Ethereum and Solana blockchains, enabling users to decide on which blockchain to use depending on their preferences. Traders can maximize the abilities of the two ecosystems; desired for the rich DeFI ecosystem of Ethereum or the efficiency of Solana.

The use of advanced AI technology, unique features such as Multichannel Analysis, and a dual-chain system make IntelMarkets one of the new leaders in the DeFi space. Meanwhile, IntelMarkets has attracted a lot of investors and has raised more than $5.6 million. This has placed IntelMarkets in a competitive place in the DeFi market and could push its value to $0.5 soon.

Analysts Pick IntelMarkets As the Top Crypto To Invest In

The large whale activity around Dogecoin (DOGE) suggests that there is a new wave of interest in cryptocurrencies. However, the focus is on IntelMarkets, a new gem that could give investors huge returns in Q1 2025. Its AI integration, low market cap, and strong presale growth make it a good crypto to buy.

For more information about IntelMarkets (INTL) visit the links below:

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