Shiba

Dogecoin

Pack

Shiba Inu

Coin

<p>This week, meme coins like Dogecoin and Shiba Inu “woke up” and rallied over 20% each. Dogecoin crossed the key $0.10 psychological resistance level soon after its 10th birthday celebrations.&nbsp;</p>
<p><a class="wpil_keyword_link" href="https://captainaltcoin.com/shiba-inu-price-prediction/" title="Shiba Inu" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">Shiba Inu</a> also jumped to around $0.00001. What’s behind this renewed interest in meme tokens and can it continue?</p>
<h2 class="wp-block-heading" id="dogecoin-breaks-key-resistance-at-0-10">Dogecoin Breaks Key Resistance at $0.10</h2>
<p>Dogecoin gained over 20% this week to break above the $0.10 level that had capped price action for months. The rally comes right after Dogecoin’s 10th anniversary, bringing extra attention to the original meme coin.</p>
<p><a href="https://x.com/ali_charts/status/1733236685927014738?s=20" target="_blank" rel="noopener noreferrer nofollow"><strong>According</strong></a> to prominent analyst Ali on the X social platform:</p>
<p><em>“Dogecoin has successfully cleared all major resistance levels! With the $0.095 support proving strong – thanks to 63,280 addresses buying 3.2 billion $DOGE – the path looks set for an upward journey. If this support remains firm, we could see #DOGE aiming for $0.14 next.”</em></p>
<p>The $0.095 support level has also now proven to be a solid floor on any minor pullbacks. This is evidenced by 63,280 separate wallet addresses that were actively buying dips around $0.095, accumulating 3.2 billion DOGE coins and defending declines.</p>
<p>As long as buyers remain dominant and $0.095 continues holding up as support on corrections, Ali believes Dogecoin’s path forward looks bullish.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="374" src="https://captainaltcoin.com/wp-content/uploads/2023/12/image-240-1024x374.png" alt="" class="wp-image-395103" srcset="https://captainaltcoin.com/wp-content/uploads/2023/12/image-240-1024x374.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-240-300x110.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-240-767x280.png 767w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-240-1536x561.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-240-2048x748.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-240-411x150.png 411w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-240-100x37.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-240-959x350.png 959w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-240-788x287.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-240.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>According to <strong><a href="https://captainaltcoin.com/go/altfins/" rel="noopener noreferrer nofollow">altFINS</a></strong> analysis, Dogecoin price has reached the key $0.10 resistance level which also put the RSI indicator into overbought territory above 70. This suggests some consolidation or pullback is ahead in the near-term before buyers can regain control for any continued upside.</p>
<p>Traders should watch for Dogecoin to either 1) break out above $0.11 decisively which would signal the uptrend resuming or 2) pull back towards the $0.09 area which aligns with the 50% Fibonacci retracement level and would offer a key test of buyer support on any dip. Setting price alerts around $0.11 and $0.09 makes sense at this stage while waiting for the next directional move to develop.</p>
<p>Zooming out, Dogecoin remains in clear uptrends across short, medium and long-term time horizons per the altFINS assessment. So the bigger picture looks constructive despite some overbought readings that could spark a correction.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="573" src="https://captainaltcoin.com/wp-content/uploads/2023/12/image-241-1024x573.png" alt="" class="wp-image-395111" srcset="https://captainaltcoin.com/wp-content/uploads/2023/12/image-241-1024x573.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-241-300x168.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-241-767x429.png 767w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-241-1536x859.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-241-2048x1146.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-241-268x150.png 268w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-241-100x56.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-241-626x350.png 626w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-241-788x440.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-241.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p><em>Source: </em><strong><a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="altFINS" href="https://captainaltcoin.com/go/altfins/" data-shortcode="true"><em>altFINS – Start using it today</em></a></strong></p>
<p>Momentum also leans bullish overall with the MACD line holding above the MACD signal line. The RSI above 55 also backs this bullish bias from a momentum standpoint.</p>
<p>In terms of support and resistance zones, previous resistance around $0.08 marks the initial support to watch on any pullbacks followed by $0.07 as the next downside area. On the upside, $0.10 stands as resistance</p>
<h2 class="wp-block-heading" id="new-meme-kombat-platform-combining-ai-gambling-and-memes">New Meme Kombat Platform Combining AI, Gambling and Memes</h2>
<p>As Dogecoin leads meme coin strength back above $0.10, a new project called <strong><a href="https://altcoin.care/box_90ca7e97367d21a0356d601077826683" target="_blank" rel="noopener noreferrer nofollow">Meme Kombat</a></strong> combines the best aspects of AI, gambling, and internet memes into one platform.</p>
<p>Meme Kombat features an Ethereum-based $MK token and plans to launch a meme battle arena soon. This AI-powered gaming platform will host matchups between famous meme coin mascots like Doge, Pepe and Wojak. Players can bet on battle outcomes to earn rewards in $MK tokens through this play-to-earn model if their choices win.</p>
<p>A built-in staking system with yields up to 311% APY will also allow users to passively earn $MK tokens just for holding them in a wallet. This combination of gaming and staking aims to drive long-term engagement and intrinsic value growth for the token.</p>
<p>Using unpredictable <a class="wpil_keyword_link" href="https://captainaltcoin.com/best-ai-crypto-projects/" title="AI" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">AI</a> algorithms on Ethereum, Meme Kombat will randomly generate battles with outcomes no one can pre-determine. As iconic memes square off across tournaments, ample wagering opportunities arise for players to pick winners and claim prizes.</p>
<p>Meme Kombat season one launches soon and will feature 11 popular meme coin mascots that crypto degens know and love. This reflects the quirky nature of meme culture combined with speculation and gambling that draws interest.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/M9W-7H5UUsKPzvNUHZMwapydE6tXBEJ2mQvO0X7bmuaVIxTr44fwGcrgs3dkD4Dp37nuo_Qi6I0xFqrSD3AtZGAgl4fEEICKaZOWOp05-HM-5GVHFhJgAfB9u1RdfRKLFIIVUAG2ky1P4suRbdbQjI4" alt="">
</figure>
<p>With presale concluding soon, MK already trades at $0.235 and could hit $0.246 soon according to projections. The presale helped raise $2.7 million, showing the strong demand. Once the token sale finishes, Meme Kombat will officially open its meme battle arena to the public.</p>
<p>Meme Kombat takes a community-focused approach with token distribution as well. 50% of the total supply goes to presale buyers, giving earliest supporters priority ownership. Another 30% rewards stakers and battle game winners, with 20% split between community governance and liquidity provisions.</p>
<div class="wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex">
 <div class="wp-block-button has-custom-font-size aligncenter is-style-fill" style="font-size:25px"><a class="wp-block-button__link has-vivid-purple-background-color has-background wp-element-button" href="https://altcoin.care/box_90ca7e97367d21a0356d601077826683" style="border-radius:15px;padding-top:var(--wp--preset--spacing--30);padding-right:var(--wp--preset--spacing--30);padding-bottom:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--30)" target="_blank" rel="noopener noreferrer nofollow"><strong>Buy $MK Today</strong></a>
 </div>
</div>
<p>As the next potential meme coin craze builds, Meme Kombat offers a unique combination of features that could power its own breakout. With presale slots filling fast, interested buyers looking to <strong><a href="https://altcoin.care/box_90ca7e97367d21a0356d601077826683" target="_blank" rel="noopener noreferrer nofollow">buy MK tokens</a></strong> can still contribute ETH, USDT or BNB on the Meme Kombat site while allocations last.</p>
<blockquote class="twitter-tweet">
 <p lang="en" dir="ltr">We have more than 5000 people in our TG group<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f440.png" alt="👀" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>But how many of you are actually brave enough to engage in Kombat?<br><br>This is me challenging you: <a href="https://t.co/vq1n2eyRE2" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/vq1n2eyRE2</a></p>— Meme Kombat (@Meme_Kombat) <a href="https://twitter.com/Meme_Kombat/status/1733334294792139207?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">December 9, 2023</a>
</blockquote>
<h2 class="wp-block-heading" id="conclusion">Conclusion</h2>
<p>This week’s over 20% gains from Dogecoin and Shiba Inu may signal the start of another meme coin mania. And a new platform called Meme Kombat arrives at just the right time to feed the speculative frenzy with its own viral token. Blending memes, gambling, gaming and AI, Meme Kombat lets users battle iconic internet memes for token rewards.</p>
<p>With presale concluding soon, Meme Kombat and its $MK token offer exotic exposure to the latest evolution in the meme coin niche. For crypto thrill-seekers willing to embrace some calculated risk, Meme Kombat presents attractive tokenomics with strong demand already seen. As seasoned meme coin traders ride out the latest hype cycles, a new meme battle awaits on Meme Kombat for their next adventure.</p>
<p>Read also:</p>
<ul>
 <li><a href="https://captainaltcoin.com/solana-sol-shows-signs-of-strength-but-is-a-pullback-due/" target="_blank" rel="noopener noreferrer nofollow">Solana (SOL) Shows Signs of Strength, But Is a Pullback Due?</a></li>
 <li><a href="https://captainaltcoin.com/ethereum-on-chain-data-promising-as-eth-reaches-18-month-highs-amid-whales-accumulating-over-45-million-in-5-days/" target="_blank" rel="noopener noreferrer nofollow">Ethereum On-Chain Data Promising as ETH Reaches 18-Month Highs Amid Whales Accumulating Over $45 Million in 5 Days</a></li>
 <li><a href="https://captainaltcoin.com/chainlink-link-surges-10-polkadot-dot-and-inqubeta-qube-emerge-as-top-purchased-token/#google_vignette" target="_blank" rel="noopener noreferrer nofollow">Chainlink (LINK) Surges 10%; Polkadot (DOT) and InQubeta (QUBE) Emerge as Top Purchased Token</a></li>
</ul>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-target-_blank-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <span>We recommend eToro</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20"><strong>74% of retail CFD accounts lose money.</strong>
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> Visit eToro Now </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy thetrades of leading traders, for free. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>eToro offers staking for certain popular cryptocurrencies like ETH, ADA, XTZ etc.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/top-doge-original-meme-coin-breaks-out-hungry-pack-follows/" rel="noopener noreferrer nofollow">Top Doge: Original Meme Coin Breaks Out, Hungry Pack Follows</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Top Doge: Original Meme Coin Breaks Out, Hungry Pack Follows

Table of Contents

CaptainAltcoin

Other articles published on Dec 9, 2023

FTX and Alameda Move $23.59M to Exchanges and Galaxy Digital OTC

Michael Saylor Unveils Why MicroStrategy’s Bitcoin (BTC) Bet Paid Off

LOCK has been successfully realized!

Bitcoin Bull Market: Crypto Capital Ventures’ Dan Gambardello Warns Community to Stay Alert and T...

Machine learning algorithm predicts DOGE price for Xmas

Bonk Price Prediction after 1,000% Surge in 30 Days – Can it Overtake DOGE and SHIB?

Join our free newsletter for daily crypto updates!