Disclaimer: The below article is sponsored, and the views in it do not represent those of ZyCrypto. Readers should conduct independent research before taking any actions related to the project mentioned in this piece. This article should not be regarded as investment advice.
Bitcoin has surpassed the $100,000 threshold and surged to an all-time high. Ethereum is soaring rapidly and aiming for $10,000. Even if these titans take center stage in the news, a lesser-known cryptocurrency subtly beats them all. Now, the focus is on this underdog who has the potential to change the crypto industry completely.
Following DEX Listing, DOGEN Soars 500%; What’s Next for CEX?
DOGEN, the meme token designed for people who never settle for less, shows strong technical and fundamental momentum. The alpha mindset, which has already won over a sizable community of more than 30,000 followers on X, is embodied by DOGEN, which is made for winners.
DOGEN has performed well since February 4th, when it was listed on Raydium DEX. Before cooling off and stabilizing around $0.002, it reached its highest point ever, $0.0066. Even at that level, it is still up 566% from its lowest presale price of $0.0003. This project garnered a lot of early interest, as seen by the $5.5 million earned during the presale.
DOGEN’s fully diluted valuation (FDV) is currently $28 million but could potentially increase to $40 million. This increase in value suggests a possible short-term price target of $0.004+.
Based on recent price activity, DOGEN appears to be testing important support within a falling channel. If the price breaks over $0.0032, the present downward trend would cease, and a strong bullish rise toward $0.0056, which would be in line with earlier resistance levels, would be initiated.
A planned large exchange listing is anticipated to boost accessibility and provide new liquidity for $DOGEN, which is usually a big price trigger for meme coins. Given that only 1 billion tokens are in circulation (10% of the total supply), DOGEN’s price is still highly vulnerable to rising demand, which could lead to more volatility in the bull market’s favor.
Buzz in the community about DOGEN Reaching $100M+
The community has noticed DOGEN’s outstanding post-listing performance and robust presale momentum. With more than 50,000 members, Izzy’s journal channel has acknowledged DOGEN’s potential to emerge as a prominent meme coin on Solana, with a market value of over $100 million.
Since DOGEN has previously shown that it can rally swiftly, the likelihood of it retesting its $0.005 ATH—or breaking above—is growing as speculation over its CEX listing intensifies. If momentum keeps up, DOGEN may surpass its present FDV ceiling and enter a parabolic price discovery period.
Following consolidation around the $100,000 mark, Bitcoin is poised for a breakout.
Bitcoin consolidates around the $100,000 threshold, trading between $90,969 and $102,389. Strong growth is shown by the 6-month price rise of more than 60%. Bullish momentum is shown by the 10-day SMA’s minor elevation above the 100-day SMA. The market is neutral, as indicated by the mild RSI. The low stochastic suggests that the market is oversold and poised for a recovery. The way to about $120,000 might be opened by breaking above the closest resistance level, which is $108,252. This might result in increases of more than 10% and 20%, respectively. The $85,000 mark serves as a buffer against any declines. Bitcoin might soon start to rise again.
Ethereum Is About to Soar: Positive Signals Point to a Possible Price Increase
At the moment, Ethereum is trading between $2219 and $2980. Technical indicators indicate a possible upward rise despite the market’s recent decline of -14.74% during the previous month. At 47.98, the Relative Strength Index is almost neutral but in the direction of a buying opportunity. Oversold conditions are indicated by the stochastic oscillator, which is at 21.78. A positive indicator, the 10-day Simple Moving Average is $2718.46, somewhat higher than the 100-day average of $2655.50. Ethereum may test the closest resistance level of $3331, indicating a 20% increase from current prices. The bullish view is further supported by the positive MACD level of 15.93. According to cryptocurrency enthusiasts, Ethereum is expected to do well in the upcoming weeks.
In conclusion
Although Ethereum aims for $10,000 and Bitcoin has reached $100,000, its short-term prospects are less bright. By the end of the presale, DOGEN, a meme token for alpha guys looking for success and luxury, is predicted to have grown 700%, offering the possibility of enormous rewards this altcoin season. In line with BONK, WIF, and Popcat tokens, DOGEN provides tangible advantages and cultivates a leadership community.
Site: https://dogen.meme/
Twitter: https://x.com/dogenmeme
Telegram: https://t.me/Dogen_Portal
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece; nor can this article be regarded as investment advice. Please be aware that trading cryptocurrencies involve substantial risk as the volatility of the crypto market can lead to significant losses.
