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Cryptocurrency News Articles
Dogwifhat (WIF) and Bitcoin Cash (BCH) Surge Amid Market Volatility, IntelMarkets (INTL) Becomes a Key to Explosive Growth
Sep 21, 2024 at 05:30 am
Amid the market volatility, some altcoins continue to surge unaffected by the broader market sentiment. Dogwifhat (WIF) and Bitcoin Cash (BCH) are some of those coins in the current session.
Amid the market volatility, some altcoins continue to surge, largely unaffected by the broader market sentiment. Dogwifhat (WIF) and Bitcoin Cash (BCH) are two such coins that continue to soar in the current session, even as the broader market remains largely flat following the rate cuts.
While the crypto giants fail to register any notable gains, one coin that has exhibited massive growth is IntelMarkets (INTL). The AI platform with a unique set of features has soared up to $360,000.
Here's a closer look at these coins and their market performance.
Dogwifhat (WIF) Becomes A Top Gainer
Dogwifhat (WIF), one of the more well-known tokens in the cryptocurrency market, has attracted interest, especially from savvy investors.
There has been a lot of activity with the token, especially from larger holders, or “whales,” who have obtained almost 20.58 million Dogwifhat (WIF) tokens. This suggests that the token is becoming more and more popular.
Being consistently ranked among the top five meme currencies, Dogwifhat (WIF) has also made a name for itself as one of the best Solana-based assets. The coin has been stable lately, hovering at $1.56, but analysts think it could rise to $2 with more trading volume and whale accumulation.
Dogwifhat (WIF) has not changed in value despite the overall drop in memecoin pricing. Long-term holders are also hopeful about its continued expansion. Investors believe that Dogwifhat (WIF) might gain from a possible rebound in the meme coin market.
Over a day, Dogwifhat (WIF) climbed by 16% to $1.74. If current trends continue, projections show that it may increase to $2.31 by the end of September 2024, a 48.70% gain. This price action has made Dogwifhat (WIF) a top gainer in this bull run.
Bitcoin Cash (BCH) Crosses 20-day Moving Average
Bitcoin Cash (BCH) maintained its position over $300 with a 9.36% increase last week. It saw a small reversal, but ended the week at $327, continuing its upward trend. However, Bitcoin Cash (BCH) saw a massive increase of 8.6% in the current session.
The Bollinger Band Trend, or BBTrend, depicted a bearish trend for BCH despite the price increase, indicating weakness in the uptrend.
Even though the price increased, volume had decreased since September 11th, when it peaked.
Price and volume differences may be a sign of weak purchasing power. Therefore, in the absence of fresh volume support, the rally can fizzle out.
However, the surge in trading volume has defied these concerns, pumping the volume up by 112%.
Bitcoin Cash (BCH) crossed above the 20-day moving average ($319) on Sept. 11, which now serves as a key support level. As the uptrend continues, BCH is targeting $350 as it has reached the $340 level today.
IntelMarkets (INTL): A Key To Explosive Growth!
IntelMarkets (INTL) is drawing interest in the perpetual futures contract market, which saw an average daily trading volume of $101.9 billion in 2022.
IntelMarkets is well-positioned to offer the optimal environment for trading perpetual futures contracts with leverage up to 1,000x thanks to its robust AI-based trading platform.
Traders can benefit more with less investment thanks to this leverage. Advanced trading tools developed by former staff members of prestigious companies like MIT, OpenAI, and Goldman Sachs will also be available on the site. Personalized indicators, sophisticated charting software, and risk management tools are a few examples.
These tools are designed to meet the demands of traders since they recognize a variety of methods of trading.
It is important to note that IntelMarkets is a dual-chain trading platform that combines Solana and Ethereum, two of the greatest blockchains.
With this change, IntelMarkets users may now take advantage of previously unheard-of throughput, minimal costs, high flexibility, scalability, and rapid transactions.
With more than $370,000 collected, IntelMarkets is presently in the second round of its presale. Analysts predict that in the upcoming months, the price of its native token, INTL, might soar by 1,100 percent, from $0.018 to $0.11.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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