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Breaking News: Major Win For Memecoins: SEC Affirms They Typically Do Not Qualify As Securities
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Breaking News: Major Win For Memecoins: SEC Affirms They Typically Do Not Qualify As Securities

Cardano Price Could Surprise Traders in November 2024, But Institutional Interest is Surging in INTL and DOGE

NewsBTC
NewsBTC
6 months ago
2 mins read

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Despite the emergence of other coins hitting the headlines in the cryptocurrency market, Cardano (ADA) is looking at a potential November rally. However, institutional investors looking for a moonshot are turning their attention to Dogecoin (DOGE) and IntelMarkets (INTL).

Cardano (ADA): Could It Rally in November?

Cardano (ADA) has been hailed as one of the most stable and promising altcoins, boasting a wonderful ecosystem and scalability potential. Investor interest in Cardano revolves around the platform’s use to build decentralized applications (dApps).

Cardano’s coin is currently trading around $0.33, increasing 16% on the yearly charts. Market analysts suggest that if market conditions are favorable, Cardano could see another rebound to the $0.45–$0.50 range in the next month. Although slow, ADA’s growth has some traders eager to find faster-paced options promising higher profits.

Dogecoin (DOGE): The OG Memecoin

The OG memecoin with a loyal community, Dogecoin (DOGE) has been a fan favorite for years. No matter the political orientation, it was endorsed by institutional giants on both sides, including Elon Musk and Mark Cuban.

Ahead of the election, it’s trading above the $0.14 resistance level, noting a 5% increase today. With strong signs of bullish potential, some experts predict the DOGE to rally above the $0.20 barrier.

Dogecoin is the memecoin pick for institutional investors, but some are looking for an altcoin with real-world utility. And they’ve found this AI-DeFi presale.

IntelMarkets (INTL): An Institutional Favorite in the Making

In an interesting combination of AI and DeFi, IntelMarkets (INTL) distinguishes itself from the rest. It’s an AI platform that gives traders real-time insights and optimal trading strategies, handling high data volumes across the trading markets, it provides investors with a huge competitive advantage.

IntelMarkets is currently active in the fourth stage of its presale, with a token price of $0.036, it has managed to raise over $1,600,000, attracting interest from institutional investors, retail traders, and everybody in between.

Its AI innovation sets them ahead of Dogecoin as it intends to participate in a market that increasingly requires advanced trading technologies. According to experts, upon its ICO, INTL is expected to have a 10-15x rally, a potential game changer for investors wishing to get high returns.

Conclusion: Which Coin Holds the Most Potential?

Cardano (ADA) and Dogecoin (DOGE) offer a level of attraction, there’s a newcomer in the form of IntelMarkets (INTL) making big strides in AI-DeFI.  These three are the choices of institutional investors looking for a balanced yet high-yield portfolio. But IntelMarkets stands out because of its highest room for growth.

Read More to Learn about IntelMarkets:

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Strict editorial policy that focuses on accuracy, relevance, and impartiality
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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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