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Dogecoin Price Could Decline To $0.10 If Trump Loses Election, But This AI Crypto Could Rally 300%

November 6, 2024
in Crypto News
Reading Time: 3 mins read
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Dogecoin Price Could Decline To $0.10 If Trump Loses Election, But This AI Crypto Could Rally 300%
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With all eyes on the US elections, traders are bracing for serious volatility in the market. The results of the elections could have a considerable impact because of the policy of both candidates. A Donald Trump victory in the elections could result in a major overhaul of the US SEC, pumping Dogecoin Price to new highs in 2025. However, the AI platform IntelMarkets is expected to surge regardless of results. 

IntelMarkets (INTL): The AI Platform Introducing Automated Investment For Retail Traders 

According to recent estimates by Investopedia, over 70% of the trading volume in the crypto world is managed by trading bots. These automated programs review market conditions and then make liquidity decisions to generate profits. However, most of these bots are owned by exchanges and large-scale investors. 

For the first time, AI trading platform IntelMarkets (INTL) is making the revolutionary step of introducing these trading robots to retail traders. This means that investors can use trading robots to take advantage of liquidity gaps in the market and make unparalleled profits. The platform has also gained attention because of its approach to solving the Quantum Computing challenge for blockchains. 

Unlike most large-scale companies that go the Venture Capital route, IntelMarkets has decided to enable access to its ongoing presale for retail investors. This means that early participants can get the INTL token for a discounted price of $0.05 before the public launch. As a result of strong demand, over $1.63 million has already been raised from 15,000 investors. 

Other notable platform features include the Rodeum AI infrastructure development toolkit for blockchain builders and the upcoming DigiFort wallet, which is expected to include protections against Quantum attacks. With these substantial developments, IntelMarkets is expected to be a major force in crypto regardless of election results. 

However, the same is not the case for the most popular memecoin; Dogecoin. 

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Dogecoin Price Could Plummet Upon Donald Trump Defeat 

The US elections could have a massive impact on Dogecoin price and the future of the dog-inspired memecoin. The biggest proponent of Dogecoin is X founder Elon Musk, a major proponent of Donald Trump as president. In the case of Trump’s victory, Dogecoin’s price could surge above $0.20 as Musk has announced a Department of Government Efficiency (DOGE). 

Source: CoinGecko

However, the bearish scenario for DOGE could result in a major bearish impact on Dogecoin Price. Democrat hopeful Kamala Harris will likely continue the policies of the current Securities and Exchange Commission (SEC). These policies have been termed hostile by crypto enthusiasts and could cause significant impacts on Dogecoin price. According to technical data, DOGE could plummet below $0.12 support and enter single figures in that scenario. 

Key Takeaway 

Similar to the majority of risk assets, Dogecoin price could be subject to massive volatility, depending on election results. However, in-demand assets with innovative technology like AI could pump regardless of the results. That is why experts are calling IntelMarkets the most attractive purchase in the current market. 

Want to know more about the IntelMarkets platform? Check out the website or join the presale to become a part of the viral community. 

Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

 

Credit: Source link

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