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Cryptocurrency News Articles

Memecoin Market Rebounds With WIF and DOGE Posting Standout Gains, Raising Questions About a Potential Upcoming Memecoin Season

Nov 01, 2024 at 05:15 pm

The memecoin market is rebounding sharply with Dogwifhat (WIF) and Dogecoin (DOGE) posting standout gains, raising questions about a potential upcoming memecoin season.

Memecoin Market Rebounds With WIF and DOGE Posting Standout Gains, Raising Questions About a Potential Upcoming Memecoin Season

The memecoin market is seeing a sharp recovery, with Dogwifhat (WIF) and Dogecoin (DOGE) posting standout gains, and sparking speculation about a potential upcoming memecoin season.

One memecoin gambler, who made a fortune from WIF in the previous memecoin rally, is now hoping for similar gains from the Dogecoin price surge of 1,100% in December.

Meanwhile, IntelMarkets (INTL) is also emerging as a potential powerhouse, with experts suggesting it could yield gains of up to 5,000%.

Dogwifhat (WIF) Speculated To Rally Before Year-end

During the last memecoin season, Dogwifhat (WIF) rallied almost 170x in price, bringing investors huge returns. One lucky memecoin gambler became a Dogwifhat (WIF) whale due to this surge.

However, Dogwifhat (WIF) lost momentum after the surge and has since fallen 46% from its all-time high. Currently, Dogwifhat (WIF) is trading in the $2.636 range, having increased by 3.45% over the past week.

If the crypto market enters another memecoin season, experts predict Dogwifhat (WIF) will likely follow historical patterns to a price rally. They predict a rise by 229.81% towards the $8 price range before the end of the year.

Savvy Investors Anticipate Dogecoin’s (DOGE) 1,100% Price Rally

The Dogecoin price has appreciated significantly, rising over 155% in the past year and 23.86% in the past week alone. DOGE witnessed 19 green days in the last 30 days, while trading above the 200-day SMA.

Recent updates on the Dogecoin ecosystem, coupled with rumors of a potential integration of the DOGE token for payments service on the social media platform X, has seen the Dogecoin price trading on a bullish trajectory.

Technical indicators, such as the Fear and Greed Index, currently at 69, suggest strong investor interest. Expert analysis shows signals for a potential 1,100% Dogecoin price increase in December. Savvy investors, including the unsung memecoin gambler, are looking forward to it.

Join IntelMarkets’ Presale To Enjoy 5000% Gains

Intel Markets (INTL) is one utility token that could deliver returns on par with memecoins during peak season. Increasingly recommended by market experts, INTL has raised over $1.6 million since the presale launch.

IntelMarkets is a unique AI-driven innovative platform that provides users with cutting-edge trading tools and bots, which enhances their trading experience. Some of these features include the Intel-M® channel, a curated blockchain analysis that predicts market moves and provides investors with real-time intuitive trading analysis.

The IntelMarkets’ platform is also designed for easy navigation by both newbie and seasoned traders. With its non-custodial design, investors have full control over their assets on IntelMarkets. They can perform transactions anonymously, from any smart device as IntelMarkets requires no KYC checks.

Best of all, the IntelMarkets’ tokens will increase in value over time, thanks to its token burn mechanism. As a result, analysts predict that INTL could surge by over 5000%, making this an opportune moment for savvy investors to join the ongoing presale. Currently, INTL tokens are available for just $0.037 in stage 4, and new investors can enjoy a 50% registration bonus for participating in the presale.

Discover More About Intel Markets:

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

News source:themerkle.com

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Other articles published on Nov 01, 2024