Dogecoin Down 25% in January While This Explosive ERC-20 Token Rallies 8,900% in Weeks
IntelMarkets’ integration of advanced AI and blockchain technology is leading the swiftly changing crypto market. After Dogecoin’s recent dip with signs of a potential rebound amid ETF speculation, IntelMarkets is dominating with advanced trading tools to help investors lock in high-ticket returns to recover losses amid the memecoin market plunge.
Dogecoin Prepares To Hit a 10x Rally Soon
Although the Dogecoin price has been on a downtrend recently, crypto analyst Ali Martinez raised concerns about betting against DOGE. He referred to Dogecoin’s notable 900% surge within just 48 hours back in 2021. The current DOGE chart pattern hints at a similar breakout in the making.
Therefore, Martinez warned investors about the risks linked with offloading Dogecoin, considering that a breakout could trigger massive liquidations. Furthermore, Martinez also circled out that during the 2021 bull cycle, the Dogecoin price experienced a massive surge and skyrocketed by over 10,000% in just 98 days.
Crypto analyst Crypto Scient is predicting a strong rally for the Dogecoin price. The meme-based cryptocurrency is currently consolidating above the 1-day support level and finding support at the 1-day 100 EMA. Strong support is also present at $0.26, coinciding with the 1-day 200 EMA.
Speculations About Potential Dogecoin ETF Drives Rally
Crypto Scient suggests these zones are ideal for accumulating spot positions. However, the outlook turns bearish if the Dogecoin price starts losing the 1-day 200 EMA and closes below these key support levels. Additionally, on-chain data reveals a notable rise in Dogecoin whale accumulation, with large holders showing increased inflows into Dogecoin wallets.
Over the past week, inflows grew by 5.33%, indicating a steady weekly increase in Dogecoin price. On Tuesday, January 28, crypto asset manager Bitwise filed for a spot in the Dogecoin ETF with the US Securities and Exchange Commission. Bitwise’s S-1 filing needs to be accompanied by a 19b-4 filing to initiate the approval or denial process for the Dogecoin fund.
Earlier this month, REX Advisers and Osprey Funds sought approval from the US SEC to launch an ETH for Dogecoin and other memecoins. The increase in ETF filings has impacted prediction markets. On Polymarket, the likelihood of a Dogecoin ETF being approved in 2025 jumped from 27% earlier this year to 53% before stabilizing at 50% at the time of writing.
IntelMarkets Explodes With 8,900% Weekly Gains
IntelMarkets has rapidly disrupted the memecoin sector with a cutting-edge trading platform that infuses AI to redefine the cryptocurrency market. Contrary to traditional platforms, which remain out of the league due to their outdated blockchain models, IntelMarkets features a proprietary AI-based blockchain to create a convenient and efficient trading environment.
Its next-generation AI technology allows the platform to process vast amounts of data across multiple markets at extraordinary speeds, far beyond human capabilities. Overall, Dogecoin’s recent price fluctuations and speculation about ETF filings show the volatility of the crypto market. While IntelMarkets takes the lead with a more stable, data-driven approach.
With its AI-powered trading bots capable of executing complex strategies across different assets, IntelMarkets provides both experienced traders and newcomers with a major advantage in market analysis and trade execution, giving it an edge over other platforms that lack such innovation.
Dogecoin Investors Ditch DOGE for This Best Altcoin in 2025
Set to lead the industry with future developments, IntelMarkets uses AI and Machine Learning (ML) to upscale trading strategies and decision-making. The platform has introduced Rodeum AITM, which is a clear picture of how the platform is pushing boundaries, offering automated position-taking that aligns with users’ trading goals.
Given the speculative nature of Dogecoin’s rally, which is primarily driven by market sentiment and external factors like ETF filings, its future is still uncertain. IntelMarkets’ focus on data-driven insights and automation ensures its users are well-positioned for sustained profitability, irrespective of market fluctuations. Join now!
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