2024 is almost coming to an end, and investors are currently looking for the best coins to invest in for gains before the year runs out. Market watchers expect the value of Ripple (XRP), IntelMarkets, and Dogecoin (DOGE) to increase to new highs.
While Ripple (XRP) is expected to hit $0.9000, Captain Faibik forecast the value of Dogecoin (DOGE) might pump to $0.20000. IntelMarkets is also expected to rise by up to 10x before the year ends.
Ripple (XRP) Receives More Interest Than Cardano and Ethereum
According to the recent CoinShares report, last week, institutional investors increased their bet on XRP while withdrawing funds from ADA and the second largest cryptocurrency, Ethereum.
Ripple XRP saw $0.1 million added by investors, while $0.2 million and $28.5 million were sent out of Cardano and Ethereum, respectively. This report shows that institutional interest in the remittance coin has increased in the past week.
Similarly, THE Ripple price has also risen during this period, rising by 0.2% on the weekly timeframe and 9% on the biweekly level. Thanks to this upsurge, the Ripple coin remains above 50-SMA ($0.567861) and 200-SMA ($0.550068). Analysts say the value of the cryptocurrency could reach the $0.9000 region by December.
Dogecoin (DOGE) Expected To Hit $0.200
In a recent crypto tweet, Captain Faibik forecasted the price of Dogecoin (DOGE) could skyrocket by 91% to $0.20000 in the coming months, making it one of the best memecoins to invest in. According to the analyst, the Dogecoin token is ready for another bullish leg in the coming months.
Another analyst, Ali Martinez, shares the same sentiment, saying that the Dogecoin price could increase in the next few months. Martinez told his followers the value of the cryptocurrency could soar if it crosses the $0.11 resistance at the 100-SMA.
In the meantime, the Dogecoin coin price is trading above the 50-SMA ($0.103239) but is below the 200-SMA ($0.124882). The memecoin has recorded 16 green days in the past month. During this period, its market cap is between $13 billion and $16 billion.
IntelMarkets (INTL) Taps Into AI Tech To Revolutionize Crypto Trading
IntelMarkets (INTL) is already gaining recognition in the crypto world as the company has adopted the use of artificial intelligence in blockchain trading. IntelMarkets employs artificial intelligence and machine learning to analyze the information and offer the traders immediate data processing and self-trading features.
The trading bots are developed by the platform to assist traders of all levels in evaluating and placing their trades within seconds. These bots have been programmed to analyze more than one hundred thousand data points in the market trends and past performance. The Rodeum trading bots help traders, including those with no coding experience, to take advantage of advanced trading strategies.
These bots monitor the market all the time and can respond to changes that happen within a short time, which makes them very useful in volatile markets. Also, IntelMarkets is a dual-chain platform that can function on the Solana and Ethereum blockchains.
IntelMarkets is still in the presale stage and is priced at $0.018. Analysts forecast the price of the IntelMarkets coin could increase by 10x before the end of the year. The bullish forecast for INTL is based on the rapid growth of the IntelMarkets presale. In the last two weeks, the crypto ICO has pulled in more than $520k as investors are backing the project to transform the trading space.
Top Altcoins That Will Have the Most Gains By December
Based on the current market outlook, Ripple (XRP), IntelMarkets, and Dogecoin (DOGE) are the best altcoins to buy right now. Analysts forecast their price could skyrocket in the coming weeks, making them the best altcoins to watch right now.
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
