Dogecoin

Convergence

Shiba Inu

<p>The Dogecoin price is down 10% in the last 7 days and 3% in the past 24 hours to trade for $0.1407 as of 00:01 a.m. EST.</p>
<p>Popular trader Crypto Tony anticipates massive volatility for the Dogecoin price, with his chart indicating that DOGE is still in price discovery phase.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$DOGE</a> / <a href="https://twitter.com/search?q=%24USD&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$USD</a> – Update</p>
 <p>Plan of action on DOGE and the remainder of the market really <a href="https://t.co/KIW7jtMGP7" rel="noopener noreferrer nofollow">pic.twitter.com/KIW7jtMGP7</a></p>
 <p>— Crypto Tony (@CryptoTony__) <a href="https://twitter.com/CryptoTony__/status/1800140103320535230?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 10, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Elsewhere, and based on Santiment data, DOGE has seen a significant increase in whale activity since the beginning of June. Specifically, the number of large transactions has grown rapidly with the Dogecoin price still in a narrow range.</p>
<p><a href="https://insidebitcoins.com/wp-content/uploads/2024/06/DOGE-Whale.jpeg" rel="noopener noreferrer nofollow"><img decoding="async" class="aligncenter wp-image-534820 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/06/DOGE-Whale.jpeg" alt="Dogecoin whales" width="1280" height="612" srcset="https://insidebitcoins.com/wp-content/uploads/2024/06/DOGE-Whale.jpeg 1280w, https://insidebitcoins.com/wp-content/uploads/2024/06/DOGE-Whale-300x143.jpeg 300w, https://insidebitcoins.com/wp-content/uploads/2024/06/DOGE-Whale-1024x490.jpeg 1024w, https://insidebitcoins.com/wp-content/uploads/2024/06/DOGE-Whale-768x367.jpeg 768w, https://insidebitcoins.com/wp-content/uploads/2024/06/DOGE-Whale-130x63.jpeg 130w, https://insidebitcoins.com/wp-content/uploads/2024/06/DOGE-Whale-104x50.jpeg 104w, https://insidebitcoins.com/wp-content/uploads/2024/06/DOGE-Whale-83x40.jpeg 83w" sizes="(max-width: 1280px) 100vw, 1280px"></a></p>
<h2 id="dogecoin-price-prediction">Dogecoin Price Prediction</h2>
<p>The Dogecoin price is trading with a bearish bias despite efforts by DOGE bulls to take control. Evidence of this effort is shown by the short-lived break above the trendline of the Fibonacci indicator (diagonal).</p>
<p>Currently, the bears dominate the DOGE market, seen with the position of the Relative Strength Index (RSI) below the mean level of 50. The lower highs of this momentum indicator show growing overhead pressure that could see the Dogecoin price extend the fall.</p>
<p>Likewise, the Moving Average Convergence Divergence (MACD) is below the orange band of the signal line. This typically indicates a potential bearish signal, showing that the momentum of the asset’s price may be shifting downward. Simply put, when the MACD line crosses below the signal line, it may suggest a possible sell signal or a time to exit a long position.</p>
<p>With the current outlook, the Dogecoin price could extend the fall to test the $0.1300 psychological level. In a dire case, the downtrend could extend to the bottom of the market range at $0.1214.</p>
<p><a href="https://insidebitcoins.com/wp-content/uploads/2024/06/DOGE.png" rel="noopener noreferrer nofollow"><img decoding="async" class="aligncenter wp-image-534819 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/06/DOGE.png" alt="Dogecoin price" width="1366" height="768" srcset="https://insidebitcoins.com/wp-content/uploads/2024/06/DOGE.png 1366w, https://insidebitcoins.com/wp-content/uploads/2024/06/DOGE-300x169.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/06/DOGE-1024x576.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/06/DOGE-768x432.png 768w" sizes="(max-width: 1366px) 100vw, 1366px"></a></p>
<p><a href="https://www.geckoterminal.com/eth/pools/0xfcd13ea0b906f2f87229650b8d93a51b2e839ebd" target="_blank" rel="noopener noreferrer nofollow">GeckoTerminal: DOGE/USDT 1-day chart</a></p>
<p>On the other hand, if the bulls resurface, the Dogecoin price could recover, potentially overcoming resistance due to the descending trendline. Such a breakout would entice more buy orders, with the ensuing demand pressure possibly enough to see the Dogecoin price foray into the Fibonacci Golden Zone. This extends from $0.1616 to $0.1865, earmarked by the 61.8% and 38.2% Fibonacci retracement levels respectively.</p>
<p>A successful break and close above the $0.1865 level would have vindicated the Dogecoin price from the foothold of the Fibonacci indicator, paving the way for an extended move north.</p>
<p>Meanwhile, PLAY, a new DOGE derivative ICO, is turning heads as the play-to-earn meme coin races towards $4 million in funds raised. YouTuber Jacob Bury says it is a new 10X potential meme coin.</p>
<p><iframe title="PlayDoge New 10X Potential Play to Earn MEME Utility Token (Best Crypto to Buy Now?!)" width="640" height="360" src="https://www.youtube.com/embed/GLvTFi4aMIg?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></p>
<h2 id="promising-alternative-to-dogecoin">Promising Alternative To Dogecoin</h2>
<p>The PLAY token is the native cryptocurrency for the <a href="https://insidebitcoins.com/visit/playdoge" target="_blank" rel="noopener noreferrer nofollow">PlayDoge</a> project. This is a mobile-based play-to-earn (P2E) game that transforms the DOGE meme into a Tamagotchi-style virtual pet. This allows users to seamlessly earn $PLAY tokens.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">The secret behind my strength is simple: <a href="https://twitter.com/search?q=%24PLAY&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$PLAY</a> tokens 💪<a href="https://twitter.com/hashtag/PlayDoge?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#PlayDoge</a> <a href="https://twitter.com/hashtag/MemeCoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#MemeCoin</a> <a href="https://twitter.com/hashtag/Play2Earn?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Play2Earn</a> <a href="https://twitter.com/hashtag/BNB?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#BNB</a> <a href="https://t.co/zUk4lbBLku" rel="noopener noreferrer nofollow">pic.twitter.com/zUk4lbBLku</a></p>
 <p>— PlayDoge (@PlayDogeGame) <a href="https://twitter.com/PlayDogeGame/status/1800203017569935864?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 10, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>The project is based on the mascot PlayDoge, a virtual dog acting as a P2E companion where players timely feed, train, and play with their 2D Doge, earning $PLAY tokens in the process.</p>
<p>In this way, PlayDoge monetizes gameplay using the $PLAY token while introducing a globally resonant meme at the same time.</p>
<p>Token holders can also earn passively through the project’s staking option by&nbsp;staking PLAY tokens&nbsp;for an annual percentage yield (APY) of 302%.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">BIG NEWS! <a href="https://twitter.com/hashtag/PlayDoge?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#PlayDoge</a> has gone <a href="https://twitter.com/hashtag/MultiChain?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#MultiChain</a> 🚀 <a href="https://twitter.com/hashtag/Staking?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Staking</a> is now available on both <a href="https://twitter.com/hashtag/BNB?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#BNB</a> and <a href="https://twitter.com/hashtag/ETH?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#ETH</a> chains allowing even more <a href="https://twitter.com/search?q=%24PLAY&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$PLAY</a> rewards! 🌐💰</p>
 <p>Staking rewards will vary per chain🚨</p>
 <p>Buy and Stake <a href="https://twitter.com/search?q=%24PLAY&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$PLAY</a> tokens in <a href="https://twitter.com/hashtag/Presale?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Presale</a> now!<br>👉🏼 <a href="https://t.co/JT0VEofqf2" rel="noopener noreferrer nofollow">https://t.co/JT0VEofqf2</a> <a href="https://t.co/UBQsvOQ8Y3" rel="noopener noreferrer nofollow">pic.twitter.com/UBQsvOQ8Y3</a></p>
 <p>— PlayDoge (@PlayDogeGame) <a href="https://twitter.com/PlayDogeGame/status/1799127974492373190?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 7, 2024</a></p>
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<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>$PLAY runs on the BNB Smart Chain, which means that the token is on the radar of the <a href="https://cryptocodes.care/b_Binance_65777" rel="noopener noreferrer nofollow">Binance</a> listing team. With&nbsp;<a href="https://insidebitcoins.com/cryptocurrency-exchanges/binance-review" rel="noopener noreferrer nofollow">Binance</a> being the largest centralized exchange in crypto, a listing on the exchange would increase its accessibility and liquidity.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/PlayDoge?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#PlayDoge</a> bagging another Big W today, raising $3.5M in our <a href="https://twitter.com/hashtag/Presale?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Presale</a>! 🚀💫</p>
 <p>ICYMI: We've gone <a href="https://twitter.com/hashtag/MultiChain?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#MultiChain</a>! 🌐🎉<a href="https://twitter.com/hashtag/Staking?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Staking</a> is now live on both <a href="https://twitter.com/hashtag/BNB?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#BNB</a> and <a href="https://twitter.com/hashtag/ETH?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#ETH</a> chains, offering even more <a href="https://twitter.com/search?q=%24PLAY&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$PLAY</a> 💰</p>
 <p>Rewards vary per chain 🌟</p>
 <p>Buy Now! 👇 <a href="https://t.co/JT0VEofqf2" rel="noopener noreferrer nofollow">https://t.co/JT0VEofqf2</a><a href="https://twitter.com/hashtag/MemeCoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#MemeCoin</a> <a href="https://twitter.com/hashtag/P2E?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#P2E</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Crypto</a> <a href="https://t.co/XghA0jlfbU" rel="noopener noreferrer nofollow">pic.twitter.com/XghA0jlfbU</a></p>
 <p>— PlayDoge (@PlayDogeGame) <a href="https://twitter.com/PlayDogeGame/status/1800142916913897812?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 10, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>You can buy $PLAY tokens for $0.00506 each. With a price hike coming in just over a day, buy soon if you are interested to lock in the best deal. Fast-moving investors have already sent $3.78 million to the project.</p>
<p><a href="https://insidebitcoins.com/visit/playdoge" rel="noopener noreferrer nofollow">Buy PlayDoge on the official website here</a>.</p>
<h3 id="also-read">Also Read:</h3>
<ul>
 <li><a href="https://insidebitcoins.com/buy-cryptocurrency/how-to-buy-playdoge" rel="noopener noreferrer nofollow">How to Buy PlayDoge – $PLAY Presale Review</a></li>
 <li><a href="https://insidebitcoins.com/buy-cryptocurrency/playdoge-price-prediction" rel="noopener noreferrer nofollow">PlayDoge Price Prediction – PLAY Price Potential in 2024</a></li>
 <li><a href="https://www.linkedin.com/pulse/best-crypto-icos-2024-top-picks-big-returns-juliana-clarisse-calsona-zcxqe" rel="noopener noreferrer nofollow">Best Crypto ICOs of 2024: Top Picks for Big Returns</a></li>
 <li><a href="https://insidebitcoins.com/news/meme-coins-flash-crash-as-pepe-dogwifhat-and-shiba-inu-plunge-amid-8-sector-selloff" rel="noopener noreferrer nofollow">Meme Coins Flash Crash As Pepe, Dogwifhat, And Shiba Inu Plunge Amid 8% Sector Slump</a></li>
</ul>

Dogecoin Price Prediction: DOGE Plummets 10% In A Week As This Play To Earn Meme Coin Races Towards $4 Million

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Inside Bitcoins

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