Based

Dogecoin

when

Avalanche

The post <a href="https://coinpedia.org/sponsored/dogecoin-price-rises-15-in-a-week-as-dogeverse-ico-hits-2-5m-milestone/" rel="noopener noreferrer nofollow">Dogecoin Price Rises 15% in a Week as Dogeverse ICO Hits $2.5M Milestone</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
A storm is quietly brewing in the meme coin sector as market leader Dogecoin surges 15% this week.
One of the most promising new meme coins, Dogeverse, is also gaining pace as its presale exceeds $2.5 million.
<h2 class="wp-block-heading" id="h-dogecoin-flirts-with-breakout-after-recent-sell-off">Dogecoin Flirts With Breakout After Recent Sell-Off</h2>
Following intense selling pressure over recent weeks, Dogecoin’s price chart signals an uptrend continuation is on the horizon. Its lower-time-frame price action has forged higher lows and higher highs.
The OG meme coin is trading at $0.19, up 0.8% today, 15% this week, and 14% this month. It holds a $28.5 billion market cap and a $2.2 billion 24-hour trading volume, down 12% today.
DOGE recently peaked at $0.22, its highest price since December 2021. But a selloff then ensued, pushing it to lows of $0.17.
Nevertheless, its recent price action sets a bullish outlook, laying the way for an uptrend continuation.
<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="496" src="https://image.coinpedia.org/wp-content/uploads/2024/04/12181439/image-414-1024x496.png" alt="cmc-chart" class="wp-image-289790" srcset="https://image.coinpedia.org/wp-content/uploads/2024/04/12181439/image-414-1024x496.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/04/12181439/image-414-300x145.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/04/12181439/image-414-768x372.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/04/12181439/image-414-1536x744.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/04/12181439/image-414-150x73.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/04/12181439/image-414.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
Analysts have picked up on Dogecoin’s recent strength and are optimistic about its upcoming trajectory. For instance, Crypto Rand <a href="https://x.com/crypto_rand/status/1778439191073825152" target="_blank" rel="noopener noreferrer nofollow">explained</a> that Dogecoin is “looking for a breakout.”
He displays a price chart, with DOGE advancing toward a trendline resistance, which could enable an uptick toward its range high once broken.
<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="516" src="https://image.coinpedia.org/wp-content/uploads/2024/04/12181502/image-415-1024x516.png" alt="binance chart" class="wp-image-289791" srcset="https://image.coinpedia.org/wp-content/uploads/2024/04/12181502/image-415-1024x516.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/04/12181502/image-415-300x151.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/04/12181502/image-415-768x387.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/04/12181502/image-415-1536x775.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/04/12181502/image-415-150x76.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/04/12181502/image-415.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
Similarly, prominent trader Bluntz <a href="https://x.com/Bluntz_Capital/status/1778622994929349092" target="_blank" rel="noopener noreferrer nofollow">noted</a> that Dogecoin is attempting to break a trendline resistance and speculates a breakout could ignite its next bullish wave.
“DOGE is flirting with that diagonal resistance. I think a mark-up is pretty close,” he wrote.
The analyst’s chart also illustrates that Dogecoin catapulted to new highs the last time it broke a trendline resistance.
<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="684" src="https://image.coinpedia.org/wp-content/uploads/2024/04/12181526/image-416-1024x684.png" alt="dogecoin" class="wp-image-289792" srcset="https://image.coinpedia.org/wp-content/uploads/2024/04/12181526/image-416-1024x684.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/04/12181526/image-416-300x200.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/04/12181526/image-416-768x513.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/04/12181526/image-416-1536x1026.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/04/12181526/image-416-150x100.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/04/12181526/image-416.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
Meanwhile, Whale of City <a href="https://twitter.com/Whale_Of_City/status/1778121564543918491" target="_blank" rel="noopener noreferrer nofollow">anticipates</a> a move toward $0.45 for Dogecoin in the coming weeks. Based on its current price, this represents a 136% gain.
Whale of City highlighted that DOGE has recently retested a macro support level from 2021, which confirms the bullish outlook.
<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="550" src="https://image.coinpedia.org/wp-content/uploads/2024/04/12182400/image-417-1024x550.png" alt="dogecoin" class="wp-image-289796" srcset="https://image.coinpedia.org/wp-content/uploads/2024/04/12182400/image-417-1024x550.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/04/12182400/image-417-300x161.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/04/12182400/image-417-768x412.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/04/12182400/image-417-1536x825.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/04/12182400/image-417-150x81.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/04/12182400/image-417.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
However, Dogecoin’s potential is just one component of the unprecedented meme coin frenzy that is taking the market by storm.
Another meme coin showing massive potential is Dogeverse, the first-ever multichain Doge cryptocurrency.
<h2 class="wp-block-heading" id="h-trending-dogeverse-raises-2-6m-with-launches-on-6-hottest-blockchains">Trending Dogeverse Raises $2.6M With Launches On 6 Hottest Blockchains</h2>
<a href="https://coinpedia.care/b_dogeverse-en_73775?referrer=dogecoin-rises-15-in-a-week-as-dogeverse-ico-hits-$25m-milestone" target="_blank" rel="noopener noreferrer nofollow">Dogeverse</a>, a compelling multichain presale, has raised the bar for meme coin innovation.
In an unwavering nod of approval, quick-footed traders have invested over $2.6 million in the presale’s first three days.&nbsp;
Meanwhile, industry experts back it for outsized success. For instance, analysts from the 99Bitcoins YouTube channel <a href="https://www.youtube.com/watch?v=J6FBJmwcMxg" target="_blank" rel="noopener noreferrer nofollow">speculate</a> it holds 100x potential.
<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="573" src="https://image.coinpedia.org/wp-content/uploads/2024/04/12182442/image-418-1024x573.png" alt="dogeverse" class="wp-image-289797" srcset="https://image.coinpedia.org/wp-content/uploads/2024/04/12182442/image-418-1024x573.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/04/12182442/image-418-300x168.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/04/12182442/image-418-768x430.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/04/12182442/image-418-1536x860.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/04/12182442/image-418-150x84.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/04/12182442/image-418.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
But to anyone who understands the intricate meme coin market dynamics, this project’s hype is no surprise.
Dogeverse will launch on the six hottest smart contract-enabled blockchains, starting with Ethereum, Polygon, and BSC. Soon after, Solana, Base, and Avalanche will follow.
This unites the once-differential blockchain communities under the banner of one powerful meme coin.&nbsp;
What’s more, while other meme coins are at the whim of user migration between different networks, Dogeverse benefits no matter which chain users opt for.
In a bid to foster a lasting community, Dogeverse will offer staking rewards to its holders. The feature is live and provides a 380% APY, but this will decrease as the staking pool grows.&nbsp;
And in a two-pronged approach to incentivizing early adopters, the $DOGEVERSE presale price will incrementally increase throughout the event. The next uptick will happen in one day or when the total raise hits $3.4 million.
<a href="https://coinpedia.care/b_dogeverse-en_73775?referrer=dogecoin-rises-15-in-a-week-as-dogeverse-ico-hits-$25m-milestone" rel="noopener noreferrer nofollow">Visit Dogeverse</a><a href="https://coinpedia.care/b_dogeverse-en_73775?referrer=dogecoin-rises-15-in-a-week-as-dogeverse-ico-hits-$25m-milestone" target="_blank" rel="noopener noreferrer nofollow"> </a><a href="https://coinpedia.care/b_dogeverse-en_73775?referrer=dogecoin-rises-15-in-a-week-as-dogeverse-ico-hits-$25m-milestone" target="_blank" rel="noopener noreferrer nofollow">Presale</a>

Dogecoin Price Rises 15% in a Week as Dogeverse ICO Hits $2.5M Milestone

Daftar Isi

CoinPedia News

Artikel lain yang dipublikasikan pada 12 Apr 2024

Boosting the U.S. Economy: The Role of Stablecoins in Modern Finance

Ethereum and Cardano register gains; analysts’ focus shifts to NUGX token

What will future Bitcoin halvings look like?

Putin, Xi, Biden, and the U.S. national debt – A short story

PancakeSwap Integrates Orbs-Powered dLIMIT and dTWAP Protocol

Crypto market maker profits $8 million from a single token

Bergabunglah dengan buletin gratis kami untuk pembaruan kripto harian!