Stellar (XLM) and Dogecoin (DOGE) Rejected From Critical Levels While This $0.08 Altcoin Skyrockets

Stellar (XLM) and Dogecoin (DOGE) have historically attracted legions of fans who have reaped great rewards from legacy tokens. However, currently, their price action screams the opposite message. These tokens have struggled to reclaim critical resistance levels and have potentially little upside potential as many investors contemplate their next move. Amid this uncertainty, a new player has entered the spotlight.

Stellar (XLM): Slipping Below Key Resistance

Stellar (XLM) is one of the more ‘mainstream’ blockchains, with its focus on cross border payments, which have always been a weakness for cryptocurrency. Stellar is useful, but it hasn’t had the kind of explosive growth that investors want.

Right now, XLM is trading at $0.42, compared to its previous all time high at $0.94 in early 2018. Recent performance of the token has been disappointing, with repeated attempts to cross the critical resistance level of $0.48 failing.

The struggles of Stellar are a result of a general market sentiment towards older tokens being replaced by new ones. As long as Stellar partners continue to push ahead with its mission to revolutionize cross border transactions, and continue to partner with financial institutions, then it will remain a strong project.

Nevertheless, XLM’s price action reveals something entirely different. Leaving investors restless and unable to capitalize on broader market recoveries, many are becoming impatient with the token. Stellar has excellent potential as a payment-oriented crypto, yet it has lagged in innovation compared to other crypto projects in recent years.

Dogecoin (DOGE): Rejected at $0.40

The original memecoin, Dogecoin (DOGE) has been in the spotlight. DOGE has captured the hearts of retail investors worldwide, backed by a vibrant community and high profile endorsements from Elon Musk.

Most recently, rumors started circling with the potential for Dogecoin to be a payment method on X (Twitter). But the euphoria hasn’t helped DOGE to surpass the $0.40 resistance level.

Dogecoin is currently trading at $0.35 with some efforts in overcoming the key resistance levels. Even though DOGE rallied earlier this week, it has been sent back down by 10% on the weekly charts, implying that the trend on Dogecoin is bearish.

Its stagnation stems from the loss of utility; DOGE is a token with no tangible utility that is competing with other memecoins. Elon identified this, and he has the goal to bring more real world use cases.

IntelMarkets (INTL): The Disruptive AI Crypto

While Stellar (XLM) and Dogecoin (DOGE) fight resistance, IntelMarkets (INTL) has been the new hope for investors of the next great thing. IntelMarkets takes advantage of AI technology to disrupt the $36B crypto trading market.

INTL’s unique combination of blockchain, DeFi and artificial intelligence have made it a pioneer in next wave crypto innovation. The standout point of IntelMarkets is its self learning AI trading bots, the proprietary Intell-M who were developed by a team of MIT, Open AI and Renaissance Technologies alumni.

They are able to analyze huge amounts of market data from all of the exchanges and across all products in realtime to allow users to place high frequency trades with incredible precision. Simply, this makes trading speed of light and democratizes sophisticated trading to retail investors, making the playing field level for those who use INTL.

IntelMarket (INTL) has raised more than $6,320,000 since it was launched in presale, and tokens are now valued at $0.08. With its low entry price, early investors can take advantage of the rally analysts believe could reach 10X to 15X post-launch.

While other tokens like XLM and DOGE are based on premade narratives, IntelMarkets is building a new one. Integrating AI across the entire platform is redefining what a crypto trading platform can do.