Dogecoin Price Breakdown: Why Bulls Are Shifting Focus to XRP and a $0.06 Presale Token This December

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This December we have seen a general post hype market stabilization. With cryptos like Dogecoin (DOGE) and Ripple (XRP) seeming to have stabilized and even had some downturn, many are searching for the next opportunity to invest in. As a result, investors and traders are paying attention to the emerging prospects, such as this $0.06 presale token that has potential for impressive growth this December.

Dogecoin (DOGE): A Month Of Stabilization

When Dogecoin (DOGE) was launched, it was the first ever coin of that kind, a meme coin. Since then, DOGE has come a long way and positioned itself as a top crypto, currently ranking #7. Dogecoin was propelled into the mainstream during the 2021 crypto boom, partly thanks to endorsements from Elon Musk and a surge in retail interest. In this span, DOGE reached its all-time high of $0.7376 in May 2021. This was an incredible run for a meme-based token.

However, up until last month, Dogecoin had lacked a whiff of momentum. In the days following the election results, Dogecoin saw a 200% increase thanks to Elon Musk’s announcement that he would be heading the newly formed Department of Government Efficiency (DOGE). After this news, Dogecoin seemed to have entered a stagnant period.

With the price only increasing by 1% since last month and the daily trading volume reduced by 32%, Dogecoin’s momentum seems to have slowed down. Coupled with its extremely large market cap of $61.42B,  DOGE’s upside seems to be gone. With this in mind, it’s easy to see why traders and inventors are looking to this $0.06 altcoin for those sweet December gains.

Ripple (XRP): Stagnation This December

XRP has played a crucial role in easing cross-border transactions for a long time now. Used by many banks and institutions as an intermediary, Ripple has been top news for many years. However, its price history has been quite volatile. Fueled by market hype and high-profile partnerships with major banks and payment platforms, such as Santander, American Express, and MoneyGram, XRP price peaked at an all-time high of $3.84 in December 2017 but then crashed to less than a dollar, where it traded for a long time. 

Since then, XRP’s price has recovered rather substantially after reaching its yearly high of $2.86 on 3 December, several hundred percent in the green since last year. However, since its recent high, XRP has seen a decrease in its value, currently trading at $2.43. XRP’s future is unclear due to continuing legal battles with the U.S. Securities and Exchange Commission (SEC) and the ever-increasing use of tethers as a payment intermediary that offers reliable liquidity and minimal volatility. 

Historically, these issues have had an effect on investor confidence and the XRP price. For investors, XRP’s modest upside might not be sufficient to achieve substantial portfolio growth this December. This has led many to shift their attention toward new and innovative projects like the $0.06 viral altcoin IntelMarkets (INTL).

IntelMarkets (INTL): The Best Bet This December

IntelMarkets (INTL) is a revolutionary project aiming to transform crypto trading forever. Combining the greatest narratives in the crypto industry today — artificial intelligence and decentralized finance (DeFi), INTL emerges as a standout player. Moreover, IntelMarkets’s AI-driven trading bots can trade for you according to complex strategies in real time, which helps you optimize your trading opportunities across Asset Classes. Its team of ex-OpenAI and MIT experts bolsters its reputation and promise.

With massive growth potential because of a low market cap and no previous bull runs, together with cutting-edge tech, it’s easy to see why IntelMarkets is the best bet for gains this December. Its token is priced at just $0.06, making it the most attractive investment this December. Get on board IntelMarkets today and get a 20% bonus on your deposit.

Key Takeaways

While Dogecoin (DOGE) and Ripple (XRP) have established themselves as the top 10 cryptos, their current December performances have left investors searching for better opportunities. IntelMarkets (INTL) emerges as the most promising contender, thanks to its groundbreaking AI-DeFi integration and potential to deliver exponential returns. With a presale price of just $0.06, now is the time to get on board INTL’s revolution.

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