search
Homeweb3.0Memecoin Whale Stuns the Crypto Market with a New Investment, Sparking a Heated Debate

Memecoin Whale Stuns the Crypto Market with a New Investment, Sparking a Heated Debate

Oct 19, 2024 am 04:20 AM
memecoin Whales DOGE Pepecoin IntelMarkets Profit Rotation

A memecoin whale recently sparked a debate in the crypto market with his recent investment. Reportedly, the whale bought the newly launched IntelMarkets (INTL) token for over $200k.

Memecoin Whale Stuns the Crypto Market with a New Investment, Sparking a Heated Debate

A memecoin whale recently sparked a debate in the crypto market with his recent investment. Reportedly, the whale bought the newly launched IntelMarkets (INTL) token for over $200k. This co-occurs as Pepecoin (PEPE) and Dogecoin (DOGE) slow down and take a dip. Let’s zoom into these emerging trends further.

DOGE Whale Moves $13.3M to Binance: What It Means for the Market

Despite an overall upswing in the cryptocurrency market, Dogecoin (DOGE) has not shown any significant upward movement over the last several months.

CoinMarketCap data reveals that Dogecoin (DOGE)’s value dropped by 4% in less than a day and is now trading at $0.125. Although the strategy’s long-term effects on future advances are somewhat encouraging, most investors are concerned about the token’s return.

According to a recent analysis, Dogecoin (DOGE) might see more declines to as low as $0.080 if it breaks through the present support level of $0.096 that is being held.

A significant transaction by a Dogecoin (DOGE) whale, who just transferred 118 million DOGE, or $13.3 million, to the Binance exchange, is fueling the gloomy narrative. This has sparked worries that the coin’s price would ultimately fall again, leading to more price reductions.

PEPE Falls 4.4%: Is the Meme Coin Losing Its Hype?

Popular memecoin PEPE is having difficulty remaining relevant as the market turns its attention away from speculative assets. PEPE became the talk of the town recently as the coin went live on the US-based IRA marketplace iTrustCapital. Even then, it was not enough to regain momentum, and with each day, PEPE just kept dimming.

As claimed by an analyst on TradingView, PEPE will encounter a major dip in October 2024, which was initially planned to be the month of super gains. According to the coin’s price chart, PEPE’s bearish trend will most probably last 22 to 27 days.

This time, the currency might bottom out even lower than during the August collapse, taking the whole market down. This puts PEPE currently at $0.000009109.

In its monthly chart, PEPE has shown an increase of 35% owing to a bullish wave late in September. The currency has, however, decreased 4.4% during the last day.

IntelMarkets’ Potential for 100x Growth: Why Investors Are Getting Excited

While IntelMarkets (INTL) is a relatively young project compared to memecoin darlings PEPE and Dogecoin (DOGE), global investors are still gaining more attention for its unique and innovative AI-powered trading platform.

The recent $200k investment from Pepecoin (PEPE) and Dogecoin (DOGE) whales has further spotlighted this newly emerged project.

Regarding what it offers, IntelMarkets is bringing us a DeFi trading platform that integrates AI with blockchain power. Platform users will employ AI to boost their profit potential using tools and features previously only accessible to institutional traders.

This will allow everyone to take advantage of technical analysis and sophisticated trading strategies irrespective of their skillset and investment size.

IntelMarkets’s combination of DeFi technologies and self-learning trading robots distinguishes It from its competitors. Analysts believe these distinctive features are certain to disrupt the trading industry and see a huge post-launch rise.

As of right now, IntelMarkets is in the presale phase. Its native token, INTL, costs $0.027, and capital has increased by over $1,200,000. Experts predict that once IntelMarkets is available on significant CEXs, its price may rise by 100x, making it well over $1. This is a once-in-a-lifetime chance, especially for early investors.

Discover More About Intel Markets:

Presale: intelmarketspresale.com

Buy Presale: buy.intelmarketspresale.com

Telegram: t.me/IntelMarketsOfficial

Twitter: twitter.com/intel_markets

The above is the detailed content of Memecoin Whale Stuns the Crypto Market with a New Investment, Sparking a Heated Debate. For more information, please follow other related articles on the PHP Chinese website!

Statement
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn
Solana, Fartcoin, Coldware Target New ATH Ahead Of May Bull Run, Which One Will 10x First?Solana, Fartcoin, Coldware Target New ATH Ahead Of May Bull Run, Which One Will 10x First?Apr 18, 2025 am 10:50 AM

As the crypto market gears up for what many anticipate could be a strong May bull run, three major cryptocurrencies are positioning themselves for dramatic gains.

Binance Pay Partners with USD Coin to Enhance Global Money Transfer CapabilitiesBinance Pay Partners with USD Coin to Enhance Global Money Transfer CapabilitiesApr 18, 2025 am 10:48 AM

USDC has become the default currency for new Binance Pay users, allowing for instant USDC remittances with zero gas fees.

Coinglass data shows that open interest (OI) in Dogecoin (DOGE) reached $1.55 billionCoinglass data shows that open interest (OI) in Dogecoin (DOGE) reached $1.55 billionApr 18, 2025 am 10:46 AM

The data further showed that the $1.55 billion in open interest represents a 1.39% rise in the last day. The rise in DOGE price confirms the buying pressure

Ripple Labs and the SEC Have Agreed to Pause Their Appeal Process, Signaling a Potential SettlementRipple Labs and the SEC Have Agreed to Pause Their Appeal Process, Signaling a Potential SettlementApr 18, 2025 am 10:44 AM

The ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has taken a new turn.

After 90 Days of Downtrend, Dogecoin [DOGE] Appears to Be Breaking Its Descending TrendlineAfter 90 Days of Downtrend, Dogecoin [DOGE] Appears to Be Breaking Its Descending TrendlineApr 18, 2025 am 10:42 AM

After being in a downtrend for over 90 days, Dogecoin [DOGE], the largest memecoin, appears to be breaching its prolonged descending trendline.

Bitcoin prices have surged since Wednesday, now above the $80,00 markBitcoin prices have surged since Wednesday, now above the $80,00 markApr 18, 2025 am 10:40 AM

Blockchain Cloud Mining is a top cloud mining service company. It does not require expensive hardware and relies on renewable energy sources

Solana Has Staged an Impressive Run, But This Fast-Growing Altcoin Project Is Quietly Outpacing ItSolana Has Staged an Impressive Run, But This Fast-Growing Altcoin Project Is Quietly Outpacing ItApr 18, 2025 am 10:38 AM

This isn't just another token with hype and no follow-through. MAGACOIN FINANCE is showing all the signs of a well-timed, well-executed early-stage opportunity

USD Coin Announces Circle Dev Summit in DubaiUSD Coin Announces Circle Dev Summit in DubaiApr 18, 2025 am 10:36 AM

USD Coin announced the Circle Dev Summit in Dubai on April 29th. The event will feature demo applications, deep-dive project sessions, and networking opportunities for developers.

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

AI Hentai Generator

AI Hentai Generator

Generate AI Hentai for free.

Hot Article

R.E.P.O. Energy Crystals Explained and What They Do (Yellow Crystal)
1 months agoBy尊渡假赌尊渡假赌尊渡假赌
R.E.P.O. Best Graphic Settings
1 months agoBy尊渡假赌尊渡假赌尊渡假赌
Will R.E.P.O. Have Crossplay?
1 months agoBy尊渡假赌尊渡假赌尊渡假赌

Hot Tools

MinGW - Minimalist GNU for Windows

MinGW - Minimalist GNU for Windows

This project is in the process of being migrated to osdn.net/projects/mingw, you can continue to follow us there. MinGW: A native Windows port of the GNU Compiler Collection (GCC), freely distributable import libraries and header files for building native Windows applications; includes extensions to the MSVC runtime to support C99 functionality. All MinGW software can run on 64-bit Windows platforms.

SublimeText3 English version

SublimeText3 English version

Recommended: Win version, supports code prompts!

SublimeText3 Chinese version

SublimeText3 Chinese version

Chinese version, very easy to use

SAP NetWeaver Server Adapter for Eclipse

SAP NetWeaver Server Adapter for Eclipse

Integrate Eclipse with SAP NetWeaver application server.

PhpStorm Mac version

PhpStorm Mac version

The latest (2018.2.1) professional PHP integrated development tool