Whales accumulate DOGE and this AI coin before price boom begins, ADA eyes $6

Dogecoin and a trending AI coin see heavy whale accumulation; Cardano sets its sights on a $6 breakout.

Whales are on the move again as positive sentiment gradually returns to the market. They have accumulated 210 million Dogecoin (DOGE) tokens as they eye a potential rally to $0.5. These whales have also shown interest in an AI coin called Intel Markets (INTL).

Intel Markets has dominated this bull market, increasing by more than 600% while raising over $4.1 million in funding. Meanwhile, Cardano (ADA) could soar to $6. An analyst believes the altcoin is following its 2021 price movement.

Whales go on buying spree, DOGE ready for next leg up

Despite the ongoing consolidation, Dogecoin whales are not backing out. They have bought over 210 million DOGE during this period, per Ali Charts. According to CoinMarketCap, the Dogecoin crypto is trading between $0.3696 and $0.4758 on the weekly level.

DOGE has dipped by 4.8% in the past week. Nevertheless, analysts believe a rally could occur soon. Crypto Genos forecasts the value of the Dogecoin token could rally to $0.5 in the coming weeks. Another analyst called Cantonese Cat told their followers the memecoin is ready for the next move up.

The analyst posted a chart comparing the Dogecoin price movement this year to that of 2021. If this pattern plays out, the value of DOGE could pump to $3.5 soon and $22.5 in the long run. However, the Hull Moving Average (9) and VWMA (10) are showing sell signs which is a bearish signal.

Intel Markets AI trading bot sets it apart from the competition

Intel Markets is a project that seeks to change the trading market through the use of AI trading bots. These bots are different from the kind anyone has come across. Unlike regular ones, they are based on Rodeum AI technology and can conduct a large number of trades with high precision.

Intel Markets utilizes the potential of the most effective AI algorithms to analyze live market data, predict the market, and perform trading operations. This advanced technology has a lot of advantages for the traders. First of all, it increases accuracy to the maximum level, which is crucial for the execution of correct trades.

Secondly, it helps to minimize the trading process by automating the work, thus saving time for traders and excluding the possibility of making a mistake. Thirdly, advanced tools allow traders to make large profits using a 1000x leverage. In the meantime, Intel Markets is still in the presale stage and has raised over $4.1 million.

The INTL coin is priced at $0.064091, an increase of 600% in the past few months. Those who missed out on this return still have a chance to join the presale and boom up to 15x profit before it ends.

Cardano forecasted to reach $6 based on previous cycle

Cantonese Cat predicts the value of the Cardano token could rise to $6-$8 in the next few weeks. The analyst believes the DeFi coin is following the same pattern from 2021. At the time, Cardano was trading around $0.4 before it rallied to the $3 region.

Another analyst called Sssebi posted a similar prediction. According to him, there are some similarities between the Cardano price movement in 2021 and 2024. The analyst noted the bull season is on the way. At the moment, the altcoin is showing mixed sentiment on the price chart.

CoinMarketCap data shows its value has dropped by 2.6% in the weekly timeframe. However, the Cardano crypto is bullish on the biweekly and monthly charts with price increases of 15.7% and 96.7%, respectively. Its 14-day RSI is above the midline, hinting at a potential rally.

In Conclusion

Investors who want big gains in the coming months should consider Dogecoin, Intel Markets, and Cardano. Analysts forecast their prices could skyrocket to new levels in the coming months. Intel Markets is already up 600%, outshining most altcoins in the market.

To learn more about Intel Markets, visit the presale website, Telegram, and Twitter.

This article first appeared at crypto.news