ETH, DOGE falter after Trump-Harris debate; whales back new AI-DeFi token

After the Trump-Harris debate left crypto investors disappointed, whales turned their attention to Intel Markets, a promising AI-DeFi altcoin with massive upside potential.

Crypto investors and enthusiasts were left disappointed after the Trump-Harris debate. With no mention of crypto, sentiment and confidence declined, coinciding with a drop in Ethereum (ETH) and Dogecoin (DOGE) prices.

Despite current market conditions and low confidence, whales have been gravitating to this new altcoin at the intersection of AI and DeFi: Intel Markets (INTL). Its novelty, as well as significant upside potential, drives whale interest and demand. Is it worth the hype, though? Let’s find out.

Intel Markets: A new AI-DeFi token to watch out for

Intel Markets, the latest entrant in the ICO space, attracts whale attention. Its unique offering is an AI-powered smart trading platform, aiming to reshape the $36 billion global crypto trading market. With a critical role to play, a frenzy unfolds to become early adopters—over $250,000 has been raised in just a few days.

The presale recently kicked off and is currently in the first stage. As a low-cap gem and an emerging crypto, it is heavily discounted, providing a good entry. Priced at $0.009 per token, it is projected to go on price discoveries after listing—a potential 65x jump.

Meanwhile, mere participation in the presale could yield an estimated 11x gain. Beyond this, its intriguing blend of AI and DeFi makes it a strong contender in the crypto trading space. Besides integrating AI into all levels, including auto-investment strategies, AI-based cost averaging, and advanced arbitrage, its dual-chain functionality (support for Ethereum and Solana) is another distinguishing feature.

Ethereum: 2% slump on the weekly chart

Ethereum, a DeFi powerhouse and leading altcoin, ranks as the second-largest cryptocurrency, trailing behind Bitcoin. It facilitates the creation of decentralized applications and also hosts other cryptocurrencies.

It hasn’t had the best performance this week; the disappointing Trump-Harris debate added to selling pressure. On the weekly chart, the Ethereum price nosedived 2%, trading above $2,300. However, this is part of a broader downturn, plummeting by over 10% in the past 30 days.

Despite this, ETH remains promising, even more so, given its substantial upside potential. An Ethereum price prediction hints at a jump past $3,000 before the end of Q3. With plenty of room for growth, the dip is one not to miss out on.

Dogecoin: Targets a retest of the monthly high

Dogecoin, the first and top memecoin, is among the biggest and most important players in the crypto scene.

However, following current market conditions, the DOGE price is downward. Although quickly gaining momentum, its initial reaction after the Trump and Harris debate was a downswing. Nevertheless, on the monthly charts, Dogecoin trades above $0.1, down by 2%.

But with a bounce unfolding, a Dogecoin price prediction suggests a retest of the monthly high of $0.11. The bull market seems to be shifting gears and one of the most compelling altcoins to hold for huge gains is DOGE.

Conclusion

While Ethereum and Dogecoin declined slightly after the Trump-Harris debate, Intel Markets, the latest ICO sensation, attracted whale attention. Its anticipated transformation of the crypto trading landscape with AI makes it a new DeFi project to watch out for.

To learn more about Intel Markets, visit the presale website, Telegram and Twitter.