Crypto experts eagerly share their forecasts as the market sets for the long-expected bull run. They have picked Cardano (ADA) and IntelMarkets as the best altcoins to scale the $1 mark soon.
As these coins are gearing up for the next leg move, the question is, can Dogecoin (DOGE) join the party? The recent drop in DOGE holders shows investors are losing faith in the memecoin and are seeking alternatives.
Charles Hoskinson Says Price Surge Will Solve Cardano (ADA) Problems
The Cardano network has been through several FUDs in the past months. Some of this FUD has come in the form of comments that the ecosystem was dead. However, the founder of Cardano (ADA), Charles Hoskinson, continues to reiterate that the platform is not dead.
Recently, Hoskinson said he thinks a pump in the price of Cardano coin will shut up all the criticism the project has faced. The founder replied with a “Yes” GIF to an X post asking if the network’s woes will vanish if ADA price appreciates,
According to data on CoinMarketCap, the Cardano price is consolidating below the 50-SMA ($0.35486). The cryptocurrency’s performance has been poor in the past few months. The last time it reached $1 was in April 2022.
ADA’s closest run to the mark was its push to $0.74 in March 2024. Looking ahead, analysts forecast that the Cardano (ADA) value price could pump to $1 by Q1 2025.
IntelMarkets (INTL) Brings AI Trading Bots To Crypto Perpetual Futures Market
IntelMarkets (INTL) has introduced a new concept to the crypto perpetual futures trading world. The latest project introduces AI trading bots that traders can use to manage their portfolios, monitor price movements, forecast price targets, and mirror the best strategies. IntelMarkets also eliminates the need for expiring positions.
Investors can trade with up to 1000x leverage and enjoy high liquidity on the platform 24/7. But it doesn’t stop there. Other features available at IntelMarkets include a professional charting package, real-time market quotes, an Intell-Array technology system, and risk management tools like stop loss and take profit.
Custom indicators assist traders in understanding market price direction. All these tools, summed up, make trading easy and profitable. IntelMarkets is in the third phase, and the token has risen by 200% in the past month to $0.027364. Experts forecast the value of the DeFi cryptocurrency could pump 10x to surpass $1 by Q1 2025.
Dogecoin (DOGE) Holders Drop
Dogecoin (DOGE) holders have dropped in the past week, a significantly bearish signal for the leading memecoin despite seeing a price increase of 15%, according to CoinMarketCap. Sentiment data shows that the total address count of wallets holding Dogecoin crypto has declined by 106,000.
As of October 9, the number of non-zero addresses was 6.73 million. However, the number has decreased to approximately 6.63 million at press time. The drop in address shows that Dogecoin token holders are ditching the memecoin for other promising altcoins like IntelMarkets.
In the meantime, the Dogecoin price is trading above the 50-SMA ($0.107411) and 200-SMA ($0.120555), a sign that bulls are the foremost market leaders. While many analysts expect the cryptocurrency to reach $1, it may take more than a period of uncertainty.
Who Will Get To $1 First? (Cardano, Dogecoin, or IntelMarkets)
The crypto market is showing positive movement right now, pointing toward a rally that could occur in the coming months. On the other hand, market watchers believe IntelMarkets has a better shot at hitting the $1 mark in the next few months compared to high market-cap coins like Cardano (ADA) and Dogecoin (DOGE). Such potential makes it the best cryptocurrency to buy now at just $0.027364.
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
The post Top Crypto Analysts Give Timeline for Cardano and IntelMarkets To Reach $1; Can Dogecoin Join Them? appeared first on TheCoinrise.com.
