Longtime DOGE Investor Surprises Market by Offloading $11M and Investing in XRP and This $0.08 Altcoin

The early-year rally appears to have settled as we move past January 7, with both DOGE and XRP markets entering a consolidation phase. The crypto market surge that began last Wednesday is now receding, largely due to bearish pressures as trading volumes increase and investors begin to consolidate their assets. 

This trend may be attributed to profit-taking and preparations for a new bull market, expected to commence with the inauguration of President-elect Trump and the appointment of the new SEC Chair. Coins like Dogecoin (DOGE) and Ripple (XRP) could see significant gains as these events draw near, according to industry analysts.

As the markets remain dynamic and sustain momentum, many experienced investors are reorganizing their portfolios. Some have sold off their DOGE assets to increase their holdings in XRP and INTL. IntelMarkets (INTL), a standout in its ninth presale phase, has already increased by 810%, presenting investors with a chance to enter the burgeoning AI sector. 

Dogecoin Value Falls 11% in Daily Transactions

Dogecoin is exhibiting strong bullish indicators, with its price increasing by over 10% on the weekly charts. It climbed from $0.3145 to a peak of $0.3964 in this period. Currently, Dogecoin is priced at $0.349, and its market volume has surged by 100% to $5.8 billion.

Source: CoinMarketCap

The market capitalization for this leading meme coin has decreased by 11% to $51.39 billion, with experts pinpointing $0.5 and $0.7 as pivotal price levels for the next upward trend. In contrast, $0.3 and $0.28 are important resistance levels in a bearish scenario, potentially serving as barriers if Dogecoin's price declines.  

Ripple (XRP) Sees 112% Increase in Market Activity

Ripple (XRP) is also experiencing fluctuations as the market prepares for the upcoming presidential inauguration. Alongside optimistic technical indicators, community sentiment remains positive, with market volume increasing by 112% to $8.91 billion, even as the market capitalization has fallen by over 5% to $133.64 billion. 

Source: CoinMarketCap

XRP looks poised for a rally soon, having gained 10% over the weekly chart. Its price surged from $2.108 to a peak of $2.49 before settling back to $2.32, which is a decrease of over 5% on the daily charts.   

IntelMarkets (INTL): 12% Increase Surpasses Major Altcoins

IntelMarkets (INTL) is transforming crypto trading through the integration of blockchain, artificial intelligence, and DeFi. It provides a platform offering sophisticated AI tools for both individual and institutional traders, enabling them to enhance their strategies and maximize returns.

IntelMarkets delivers a trading platform featuring advanced AI-driven trading solutions and low transaction costs. It provides traders with proprietary, powerful trading features, along with access to comprehensive trading options with improved liquidity and leverage capabilities. 

IntelMarkets (INTL) offers leverage of up to 1000x, which can significantly boost returns even with minor price shifts. Coupled with its risk management tools, the platform ensures traders can confidently navigate the unpredictable crypto market.

Conclusion

With its strong positioning as an AI-driven platform, impressive presale achievements, and solid fundamentals, IntelMarkets (INTL) is expected to experience substantial growth upon its launch. Its smaller market cap makes it a contender to surpass leading cryptocurrencies like Dogecoin (DOGE) and Ripple (XRP). 

Investors optimistic about the potential rise in Ripple and Dogecoin prices are also investing in the AI initiative IntelMarkets (INTL). As the ICO nears its launch, entering the ninth phase of presales, the INTL token price has increased to $0.082. 

For more information about the IntelMarkets platform, visit the presale or join the INTL community.

Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice