Sponge

Dogecoin

Polygon

Elon Musk

<p><span style="font-weight: 400;">The Dogecoin price rose 30% in the last 24 hours to trade at </span><a href="https://coinmarketcap.com/currencies/dogecoin/" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">$0.12509</span></a><span style="font-weight: 400;"> as of 05:14 a.m. EST on trading volume that surged 215% to $5.85 billion.</span></p>
<p><span style="font-weight: 400;">This surge came after a volley of tweets by ”Dogefather” Elon Musk stirred up optimism about the meme coin titan. </span></p>
<p><span style="font-weight: 400;">Musk s</span><span style="font-weight: 400;">hared a video in a tweet yesterday that was posted by DogeDesigner (@cb_doge), the UX/UI designer of Dogecoin, on the possibility of X dating.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="zxx" dir="ltr"><a href="https://t.co/f6pMCG7hdN" rel="noopener noreferrer nofollow">pic.twitter.com/f6pMCG7hdN</a></p>
 <p>— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1762752859567763768?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 28, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>He also retweeted another post by DogeDesigner that focussed on audio and video calls on X.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">You can make calls on this platform now without sharing your phone number.</p>
 <p>Go to Settings ➤ Privacy &amp; Safety ➤ Direct Messages ➤ Enable Audio &amp; Video Calling. <a href="https://t.co/SMDwj6bIhH" rel="noopener noreferrer nofollow">pic.twitter.com/SMDwj6bIhH</a></p>
 <p>— DogeDesigner (@cb_doge) <a href="https://twitter.com/cb_doge/status/1762993627742020024?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 29, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>And he had earlier tweeted a single line that just said, ”<span class="css-1qaijid r-bcqeeo r-qvutc0 r-poiln3" style="background-color: var(--bs-body-bg); color: var(--bs-body-color); font-family: var(--bs-body-font-family); font-size: var(--bs-body-font-size); font-weight: var(--bs-body-font-weight); text-align: var(--bs-body-text-align);">Fine, I will get back on the meme grindstone.”</span></p>
<p><span style="font-weight: 400;">The tweets reignited optimism within the Dogecoin community about the potential for DOGE to be integrated on X for payments, a move that enthusiasts believe could boost its value substantially.</span></p>
<h2 id="span-style-font-weight-400-dogecoin-price-breaks-above-the-symmetrical-triangle-span"><span style="font-weight: 400;">Dogecoin Price Breaks Above The Symmetrical Triangle</span></h2>
<figure id="attachment_484757" aria-describedby="caption-attachment-484757" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="size-full wp-image-484757" src="https://insidebitcoins.com/wp-content/uploads/2024/02/DOGEUSDT_2024-02-29_13-14-41.png" alt="Dogecoin Price Chart Analysis Source: Tradingview.com" width="1281" height="555" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/DOGEUSDT_2024-02-29_13-14-41.png 1281w, https://insidebitcoins.com/wp-content/uploads/2024/02/DOGEUSDT_2024-02-29_13-14-41-300x130.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/DOGEUSDT_2024-02-29_13-14-41-1024x444.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/02/DOGEUSDT_2024-02-29_13-14-41-768x333.png 768w" sizes="(max-width: 1281px) 100vw, 1281px">
 <figcaption id="caption-attachment-484757" class="wp-caption-text">
  DOGEUSD Chart Analysis Source: Tradingview.com
 </figcaption>
</figure>
<p><span style="font-weight: 400;">The Dogecoin price has been trading within the $0.07 range from June to October 2023. However, since November, the price has been rising gradually, with the bulls facing some rejection at $0.0107, which allowed the price to fall back to the $0.075 support level.</span></p>
<p><span style="font-weight: 400;">However, the bulls continue to show resilience, using the symmetrical triangle to drive the price up. DOGE is bullish, trading above both the 50-day and 200-day Simple Moving Averages (SMAs), a confirmation of the bullish momentum.</span></p>
<p><span style="font-weight: 400;">Additionally, the Relative Strength Index (RSI) is on a rebound from the 50-midline level to the oversold region at 87, which indicates intense buying pressure.</span></p>
<p><img decoding="async" class="alignnone size-full wp-image-484759" src="https://insidebitcoins.com/wp-content/uploads/2024/02/DOGE.png" alt="Dogecoin Price " width="1264" height="258" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/DOGE.png 1264w, https://insidebitcoins.com/wp-content/uploads/2024/02/DOGE-300x61.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/DOGE-1024x209.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/02/DOGE-768x157.png 768w" sizes="(max-width: 1264px) 100vw, 1264px"></p>
<p><span style="font-weight: 400;">Moreover, the Moving Average Convergence Divergence (MACD) also supports the bullish sentiment, with the moving average line (blue) crossing above the signal line (orange), which is an indication of a bullish crossover. In such an instance, the crossover helps investors take more positions, as the price is bound to soar.</span></p>
<p><span style="font-weight: 400;">The green bars on the histogram also show positive momentum as they form above the zero line. Additionally, the Stochastic Oscillator 14 3 3 line (green) is crossing above the trigger line (orange), a confirmation of a bullish moving average crossover and a looming bullish rally.</span></p>
<h2 id="span-style-font-weight-400-dogecoin-price-prediction-span"><span style="font-weight: 400;">Dogecoin Price Prediction</span></h2>
<p><span style="font-weight: 400;">The long-term price analysis of BTC has a bullish bias, with the bulls soaring the price over the symmetrical triangle pattern. Additionally, the 50-day SMA is crossing above the 200-day SMA, forming a golden cross at $0.068. The bulls could use these two factors to drive the price even higher, targeting $0.14.</span></p>
<p><span style="font-weight: 400;">However, the RSI has already entered the overbought region at 87, which could suggest an incoming correction, which could push the price down in a slight retrace to $0.083, coinciding with the 50-day SMA.</span></p>
<p><span style="font-weight: 400;">Meanwhile, as the DOGE bulls enjoy the meme coin’s surge, investors are also looking at Sponge V2, a meme coin that’s following in the footsteps of its predecessor, Sponge V1, which soared 100X last year.</span></p>
<h2 id="span-style-font-weight-400-buy-sponge-v2-with-100x-possible-returns-span"><span style="font-weight: 400;">Buy $SPONGE V2 With 100X Possible Returns</span></h2>
<p><span style="font-weight: 400;">If you missed $SPONGE’s 100X surge last year, there is no need to worry, as there is still an opportunity for you with </span><a href="https://insidebitcoins.com/visit/sponge" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Sponge V2</span></a><span style="font-weight: 400;">, before it’s listing on major exchanges. Sponge was a massive success last year, accumulating over 13,000 holders and hitting a $100 million market cap.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">You're not ready for <a href="https://twitter.com/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SPONGE</a> 🧽🚀🧽<a href="https://twitter.com/hashtag/Web3?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Web3</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Crypto</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/Alts?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Alts</a> <a href="https://t.co/RA9AKTddyg" rel="noopener noreferrer nofollow">pic.twitter.com/RA9AKTddyg</a></p>
 <p>— $SPONGE (@spongeoneth) <a href="https://twitter.com/spongeoneth/status/1762528294136586678?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 27, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p><span style="font-weight: 400;">Sponge V1 was discontinued on Feb. 5, with $SPONGE’s holders being moved to the more secure Sponge V2 on the Polygon Network.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">📣 Attention, <a href="https://twitter.com/hashtag/SPONGERS?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SPONGERS</a>!</p>
 <p>Here is some important information to remember about <a href="https://twitter.com/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SPONGE</a> V2!<a href="https://twitter.com/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SPONGE</a> V1 has officially been discontinued, and V2 has been launched on <a href="https://twitter.com/hashtag/Polygon?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Polygon</a>! 🔥</p>
 <p>Learn more about the token details below 👇<a href="https://t.co/TCdxgXx40w" rel="noopener noreferrer nofollow">https://t.co/TCdxgXx40w</a></p>
 <p>🧵1/3 <a href="https://t.co/YZzXOlKmHY" rel="noopener noreferrer nofollow">pic.twitter.com/YZzXOlKmHY</a></p>
 <p>— $SPONGE (@spongeoneth) <a href="https://twitter.com/spongeoneth/status/1754826966048657421?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 6, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h2 id="span-style-font-weight-400-buy-and-stake-sponge-v2-get-rewarded-span"><span style="font-weight: 400;">Buy And Stake $SPONGE V2, Get Rewarded</span></h2>
<p><span style="font-weight: 400;">You can also earn passively by </span><a href="https://insidebitcoins.com/visit/sponge" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">staking $SPONGE V2 tokens</span></a><span style="font-weight: 400;">, which offers an impressive 755% annual percentage yield (APY) on the Polygon Network. There are over $12 million V1 tokens already staked and bridged for Sponge V2.</span></p>
<p><span style="font-weight: 400;">The team is also planning on the launch of </span><i><span style="font-weight: 400;">Sponge Racer</span></i><span style="font-weight: 400;">, a game offering both free and paid versions. This game will allow players to engage in racing competitions, earning token rewards.</span></p>
<p><span style="font-weight: 400;">Jacob Bury, a prominent crypto YouTuber, believes that Sponge V2 has the potential to surge 10X on launch.</span></p>
<p><iframe title="Sponge V2 Meme Coin NEWS (Next 10x Potential Crypto?!) | 10X MEME COIN?!" width="640" height="360" src="https://www.youtube.com/embed/UTY5NR4EDlM?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></p>
<p><span style="font-weight: 400;">To join the presale, visit </span><a href="https://insidebitcoins.com/visit/sponge" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">the official Sponge V2</span></a><span style="font-weight: 400;"> website and link your digital wallet to swap your ETH or USDT for V2 tokens. You can also buy directly using your bank card.</span></p>
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Dogecoin Price Prediction: DOGE Soars 30% On Elon Musk Tweets, But Experts Say This Other New Meme Coin Might Be The Best Crypto To Buy Now

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