Dogwifhat (WIF) Whale Turns Attention to Avalanche (AVAX) and Intel Markets (INTL)

The success of memecoins in 2024 was a phenomenon that no one could have predicted. This was the year projects like Dogwifhat (WIF) and Sundog

Memecoins had a historic 2024, with projects like Dogwifhat (WIF) and Sundog emerging from nowhere to attain multi-billion dollar market caps. These projects attracted massive communities of traders, some of whom made millions of dollars from small investments.

One such trader turned a $1200 investment in Dogwifhat (WIF) into over $2.2 Million. The memecoin whale has now shifted his focus to real-world asset (RWA) giant Avalanche (AVAX) and viral AI trading platform Intel Markets (INTL).

Avalanche (AVAX) Price Analysis: A Monthly Resurgence

Avalanche (AVAX) is the decentralized world’s leading real-world asset (RWA) platform. The platform boasts a significantly higher output per second than leading blockchains Bitcoin and Ethereum, clocking in at 6,500 TPS.

But despite the blockchain’s promise, early 2024 was rough for Avalanche, to say the least. AVAX crashed from its all-time high of $147 to a shocking low of $8.6 in September 2023. Since then, the platform had a recovery wave to $65 in March 2024 but pulled back again.

In its current push, Avalanche (AVAX) is building momentum for another leg-up. At its current price of $23.15, the project is forming a falling-wedge pattern that could indicate a move up to $36 in the coming weeks.

Dogwifhat (WIF) Price Analysis: Failing To Push Above $2

While platforms like Intel Markets (INTL) are up, Dogwifhat (WIF) has crashed in the past few months. The Solana-based coin has seen a significant dip, and investors have been asking questions about its potential future.

Experts have associated this decline with a shift away from Solana memecoins. Dogwifhat (WIF) investors are now looking for better opportunities in ecosystems like Tron, which are surging at record rates.

However, despite the negative performance in the past months, Dogwifhat (WIF) is currently up 4.5% on the 24-hour charts. Similarly, the weekly charts show a strong move up by 3.2%. The $2 mark will be critical for investors to watch in the coming days before entering the project.

Intel Market (INTL) Price Analysis: Contender for Altcoin of the Year

Among the new-age altcoins that emerged in 2024, Intel Markets (INTL) has quickly become a favorite. The viral AI trading platform has attracted massive attention from traders and investors alike.

Now, as the platform integrates with leading decentralized applications (dApps) and decentralized finance (DeFi) protocols, traders are flocking to the platform in droves. This integration allows users to connect their trading accounts with Intel Markets (INTL) and execute trades directly from the dApp or DeFi protocol interfaces.

With this new development, traders can now use the advanced AI trading capabilities of Intel Markets (INTL) to optimize their trades across multiple decentralized applications (dApps) and decentralized finance (DeFi) protocols. This capability is set to revolutionize the way traders interact with the decentralized Web3 ecosystem.

This integration has been a game-changer for Intel Markets (INTL), attracting new users and boosting the platform’s overall trading volume. As a result, the INTL token has surged by over 27% in the past 24 hours and is up 12% on the weekly charts. At its current price of $0.023, the platform is now contending to be the altcoin of the year.

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