While this January most cryptos were experiencing substantial rallies and price increases DOGE didn’t. Since the year started the Dogecoin price has been on a downfall. Further affected by the recent crypto downturn, many DOGE whales have turned away to this new viral alternative. Read on to find out why this AI crypto is their pick and why you shouldn’t miss it while it is still in its resale. 

Dogecoin’s Price Lacking January Performance

Dogecoin came to be known to the public during the 2021 crypto boom, partly thanks to endorsements from Elon Musk and a surge in retail interest. In this span, Dogecoin’s price reached its all-time high of $0.7376 in May 2021. This was an incredible run for a meme-based token.

However, up until November, the Dogecoin price had lacked momentum. In the days following the election results, Dogecoin’s price saw a 200% increase thanks to Elon Musk’s announcement that he would be heading the newly formed Department of Government Efficiency (DOGE). After this news, DOGE seemed to have entered a downward trend.

Dogecoin’s price has been on the decline this January, down 31% on the monthly charts. This can be attributed to fluctuating market hype and conditions. Currently the Dogecoin price is sitting at $0.25. Combined with its extremely large market cap of $37B, Dogecoin’s upside seems to be gone. DOGE whales have recognized this and this is why they are turning away to this viral AI altcoin.

Some experts suggest that Dogecoin’s price could reach $0.80–$1 by 2026, driven by potential mainstream adoption and continued influencer endorsements. However, the coin’s lack of significant technological upgrades or utility-driven catalysts could limit its upside potential compared to the AI altcoin.

IntelMarkets (INTL) – Why DOGE Whales Are Jumping Ship to This AI Altcoin

IntelMarkets (INTL) has emerged among Dogecoin price struggles as a high-return option for many forward-thinking investors, including DOGE whales. IntelMarkets offers an AI-based trading platform that is generating massive hype for its innovative approach with the aim to revolutionize the global crypto trading market.

INTL is currently going through its ninth presale stage, and getting in early is a very lucrative opportunity. IntelMarkets is currently priced at $0.082 in its current

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Author: Crypto Daily