Sponge

SPONGE

Dogecoin

Polygon

Passive Income

<p><span style="font-weight: 400;">The Dogecoin price has plunged 9% in the last 24 hours to trade at $0.1683 as of 7 a.m. EST on trading volume that surged 6.6% to $8.7 billion.</span></p>
<h2 id="span-style-font-weight-400-dogecoin-price-surges-above-the-consolidation-channel-span"><span style="font-weight: 400;">Dogecoin Price Surges Above The Consolidation Channel</span></h2>
<p><img decoding="async" class="alignnone wp-image-486416 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/03/DOGEUSDT_2024-03-06_15-11-56.png" alt="Dogecpin Price" width="1433" height="612" srcset="https://insidebitcoins.com/wp-content/uploads/2024/03/DOGEUSDT_2024-03-06_15-11-56.png 1433w, https://insidebitcoins.com/wp-content/uploads/2024/03/DOGEUSDT_2024-03-06_15-11-56-300x128.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/03/DOGEUSDT_2024-03-06_15-11-56-1024x437.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/03/DOGEUSDT_2024-03-06_15-11-56-768x328.png 768w" sizes="(max-width: 1433px) 100vw, 1433px"></p>
<p><span style="font-weight: 400;">DOGEUSDT Analysis By Tradingview</span></p>
<p><span style="font-weight: 400;">The Dogecoin price has broken out of the consolidation channel following a bounce from the $0.0737 support zone. This support zone facilitated bullish momentum, propelling the price upwards.</span></p>
<p><span style="font-weight: 400;">Despite the brief rejection at $0.2075 resistance, the bulls seem resilient to continue the uptrend, using the support level at $0.1455 to drive the price back up again, anticipating a new high in the upcoming weeks.</span></p>
<p><span style="font-weight: 400;">The price bulls have also pushed the price above the 50-day and 200-day Simple Moving Averages (SMAs), which currently support the price at $0.0841. The moving average cross at the $0.0675 level affirms the general bullish outlook.</span></p>
<p><span style="font-weight: 400;">Though on a general uptrend, the Relative Strength Index (RSI) indicates a correction to the overbought region of 70. A rebound on this level could trigger another bullish surge, indicating intense buying pressure for the Dogecoin price.</span></p>
<h2 id="span-style-font-weight-400-dogecoin-price-may-surpass-the-0-2075-mark-span"><span style="font-weight: 400;">Dogecoin Price May Surpass The $0.2075 Mark</span></h2>
<p><span style="font-weight: 400;">The Dogecoin price bulls aim to push the price higher, with support from the SMAs and the RSI. An increased momentum should see the price breach above the $0.2075 mark, reaching new highs in the upcoming weeks.</span></p>
<p><span style="font-weight: 400;">Conversely, if the RSI slips below the overbought zone, it could confirm a potential price correction. This might encourage the bears to take control and drive the price down, forcing the bulls to retreat to the $0.1093 support zone coinciding with the channel’s upper boundary.</span></p>
<p><span style="font-weight: 400;">As the DOGE price falls, investors might want to consider meme coins with better upside potential. One such prospect is Sponge V2, which analysts say may surge 100X on launch, like its predecessor Sponge V1 did last year in a bear market.</span></p>
<h2 id="span-style-font-weight-400-a-promising-alternative-for-100x-returns-span"><span style="font-weight: 400;">A Promising Alternative For 100X Returns</span></h2>
<p><span style="font-weight: 400;">Investors who missed last year’s opportunity with SPONGE now have a second chance through the launch of the latest version of the meme coin, </span><a href="https://insidebitcoins.com/visit/sponge" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">SpongeV2.</span></a></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Did you miss <a href="https://twitter.com/hashtag/SpongeV2?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SpongeV2</a> as well, anon? 🧽💦</p>
 <p>Stake your <a href="https://twitter.com/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SPONGE</a> today! 🚀<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/Web3?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Web3</a> <a href="https://twitter.com/hashtag/AltSeason?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#AltSeason</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/1mkn5zjEvA" rel="noopener noreferrer nofollow">pic.twitter.com/1mkn5zjEvA</a></p>
 <p>— $SPONGE (@spongeoneth) <a href="https://twitter.com/spongeoneth/status/1764651533927362899?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 4, 2024</a></p>
</blockquote>
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<h2 id="span-style-font-weight-400-play-to-earn-for-passive-income-span"><span style="font-weight: 400;">Play-To-Earn For Passive Income&nbsp;</span></h2>
<p><span style="font-weight: 400;">The SPONGE team plans to capitalize on the token’s previous achievements by implementing various modifications to the viral meme coin’s ecosystem.&nbsp;</span></p>
<p><span style="font-weight: 400;">Alongside arranging several top-tier exchange listings, SpongeV2 will also feature a play-to-earn racing game available in both paid and free versions.&nbsp;</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">🧽 Ride that <a href="https://twitter.com/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SPONGE</a> wave! 🌊 LFG 🚀<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/AltGem?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#AltGem</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/100x?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#100x</a> <a href="https://t.co/2PkqBon0tF" rel="noopener noreferrer nofollow">pic.twitter.com/2PkqBon0tF</a></p>
 <p>— $SPONGE (@spongeoneth) <a href="https://twitter.com/spongeoneth/status/1765346649574977664?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 6, 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;">Users will use SpongeV2 tokens as credits for in-game assets and activities while also standing a chance to win rewards that are paid in tokens.</span></p>
<h2 id="span-style-font-weight-400-more-passive-income-through-staking-span"><span style="font-weight: 400;">More Passive Income Through Staking</span></h2>
<p><span style="font-weight: 400;">Investors can earn tokens by staking $SPONGE, with token holders currently enjoying annual percentage yields (APY) reaching as high as 182% on Ethereum and 588% on Polygon.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">📣 Attention, <a href="https://twitter.com/hashtag/SPONGERS?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SPONGERS</a>!</p>
 <p>Here is some important information to remember about <a href="https://twitter.com/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$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>
<p><span style="font-weight: 400;">With over 8.8 billion tokens staked, analyst and Crypto YouTuber Jacob Bury considers SpongeV2 among the best meme coins to invest in right now.</span></p>
<p><iframe title="BEST MEMECOINS TO BUY NOW!!??! (1000X Potential Cryptos!!??)" width="640" height="360" src="https://www.youtube.com/embed/Rcret55qXC0?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;">You can buy </span><a href="https://insidebitcoins.com/visit/sponge" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">SpongeV2 tokens here</span></a><span style="font-weight: 400;">.</span></p>
<h2 id="span-style-font-weight-400-related-articles-span"><span style="font-weight: 400;">Related Articles</span></h2>
<ul>
 <li style="font-weight: 400;"><a href="https://insidebitcoins.com/news/top-meme-coin-surges-13-in-a-week-as-investors-gear-up-for-11-pm-sponge-v2-bridging-deadline-stake-now-time-is-running-out" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Top Meme Coin Surges 13% In A Week As Investors Gear Up for 11 PM Sponge V2 Bridging Deadline – Stake Now, Time Is Running Out!</span></a></li>
 <li style="font-weight: 400;"><a href="https://insidebitcoins.com/news/sponge-unveils-strategic-pivot-to-sponge-v2-on-polygon-network-following-liquidity-pool-attack" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Sponge Unveils Strategic Pivot To SPONGE V2 On Polygon Network Following Liquidity Pool Attack</span></a></li>
 <li style="font-weight: 400;"><a href="https://www.linkedin.com/pulse/best-penny-crypto-investments-top-picks-explosive-growth-calsona-j8nhe" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Best Penny Crypto Investments: Top Picks for Explosive Growth in 2024!&nbsp;</span></a></li>
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Dogecoin Price Prediction: DOGE Plunges 9% As Analysts Say Consider This Competitor With 588% APY That Might 100X

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