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New Dogecoin PlayDoge with P2E elements raises US$5 million in hot pre-sale
PlayDoge ($PLAY), a play-and-earn (P2E) meme coin, got off to a fast start, surpassing the $5 million milestone in pre-sales.
The fundraising effort was launched at the end of May, raising $200,000 in just a few minutes, and has now grown 25x, making it clear that PlayDoge has the potential to become the next top meme coin.
The surge in investor attention could push PlayDoge to rival the likes of Floki ($FLOKI), and possibly even surpass it.
What makes PlayDoge unique is that it combines two very popular themes: meme coins and games, specifically those from the 90s. It allows users to own a virtual Shiba Inu, play with it, care for it like a Tamagotchi, and receive its native token $PLAY as a reward.
The fundraising effort was launched at the end of May, raising $200,000 in just a few minutes, and has now grown 25x, making it clear that PlayDoge has the potential to become the next top meme coin.
The surge in investor attention could push PlayDoge to rival the likes of Floki ($FLOKI), and possibly even surpass it.
What makes PlayDoge unique is that it combines two very popular themes: meme coins and games, specifically those from the 90s. It allows users to own a virtual Shiba Inu, play with it, care for it like a Tamagotchi, and receive its native token $PLAY as a reward.
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Dogecoin price prediction: DOGE drops 10%, low-level buying opportunity?
Dogecoin price has fallen by 2% in the past 24 hours, and the meme coin’s drop to $0.1416 also marks a significant 10% drop in a week.
Dogecoin’s slide today comes amid a 2.5% decline across the cryptocurrency market, after Bitcoin fell to just over $67,000 overnight.
Although Dogecoin has also fallen by 14% in the past two weeks, the coin has maintained a healthy rise over the past year, rising by 125%.
This long-term momentum should help it recover soon, and its discounted price will likely attract new buyers soon.
Dogecoin’s slide today comes amid a 2.5% decline across the cryptocurrency market, after Bitcoin fell to just over $67,000 overnight.
Although Dogecoin has also fallen by 14% in the past two weeks, the coin has maintained a healthy rise over the past year, rising by 125%.
This long-term momentum should help it recover soon, and its discounted price will likely attract new buyers soon.
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📊 DOGE/USDT 24-hour quick analysis |
Current price: approximately 0.1046 (according to the latest price on the chart)
📈 Short-term trends:
Within 24 hours, it showed a trend of rising first and then falling, rising rapidly from about 0.1050 to a high of about 0.1110 and then falling sharply.
🔍 Key price points:
Support: 0.1040-0.1050 area
Resistance: 0.1080-0.1090 area
💡 Trading advice:
- Long: consider entering if it breaks through 0.1080, and set the stop loss below 0.1070
- Short: A break below 0.1040 could be a signal, stop loss is set above 0.1055
📊 Trading volume analysis:
As can be seen from the heat map, the trading volume in the 0.1060-0.1080 range is large and may be an important support/resistance area.
⚠️ Risk warning:
- DOGE, as a well-known meme coin, usually has large price fluctuations and high risks.
- Prices fluctuate significantly in the short term, so it is recommended to operate with caution
- Pay attention to DOGE-related discussions on social media, which may affect short-term price trends
- The development and application scenario expansion of Dogecoin may affect the long-term value
#DOGE #狗狗幣 #加密貨幣 #交易策略
Disclaimer: This analysis is for reference only and does not constitute investment advice. The cryptocurrency market has high risks, so investment needs to be cautious.
$DOGE
Current price: approximately 0.1046 (according to the latest price on the chart)
📈 Short-term trends:
Within 24 hours, it showed a trend of rising first and then falling, rising rapidly from about 0.1050 to a high of about 0.1110 and then falling sharply.
🔍 Key price points:
Support: 0.1040-0.1050 area
Resistance: 0.1080-0.1090 area
💡 Trading advice:
- Long: consider entering if it breaks through 0.1080, and set the stop loss below 0.1070
- Short: A break below 0.1040 could be a signal, stop loss is set above 0.1055
📊 Trading volume analysis:
As can be seen from the heat map, the trading volume in the 0.1060-0.1080 range is large and may be an important support/resistance area.
⚠️ Risk warning:
- DOGE, as a well-known meme coin, usually has large price fluctuations and high risks.
- Prices fluctuate significantly in the short term, so it is recommended to operate with caution
- Pay attention to DOGE-related discussions on social media, which may affect short-term price trends
- The development and application scenario expansion of Dogecoin may affect the long-term value
#DOGE #狗狗幣 #加密貨幣 #交易策略
Disclaimer: This analysis is for reference only and does not constitute investment advice. The cryptocurrency market has high risks, so investment needs to be cautious.
$DOGE
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Dogecoin Price Prediction: As DOGE approaches XRP’s position in the currency rankings, can DOGE reach $10?
Dogecoin price has dropped 2.5% in the past 24 hours to $0.1579, while the overall crypto market remains stable.
DOGE is now down 3.5% for the week and 2% for the month, but the meme coin is still up 115% over the past year.
This development brings Dogecoin close to Ripple’s XRP in the market capitalization rankings, with the meme coin now just $6 billion away from surpassing XRP, which has stalled this year as Ripple awaits a final settlement with the SEC.
With the overall market becoming more bullish and interest in meme coins growing, Dogecoin price is sure to see new gains in the near future.
DOGE is approaching XRP’s position in the coin rankings – can DOGE reach $10?
Today’s decline in DOGE means the coin has entered more oversold territory, which is an opportunity to buy low before rebounding.
Its Relative Strength Index (purple) dropped from nearly 70 yesterday to 40 today, while it has room to fall further before correcting.
Dogecoin price chart.
Source: TradingView
Looking at DOGE’s 30-day EMA (orange), it appears that the coin has experienced a long enough downturn and should be ready for a surge soon, as the 30-day EMA has been lower for much of the past week. at the 200-day moving average (blue).
Encouragingly, this altcoin’s resistance (red) and support (green) levels are gradually trending closer to each other, approaching a tipping point that often results in large moves.
Combined with the current low trading volume, a massive buy from whales could send the Dogecoin price skyrocketing.
It appears that a significant number of traders still believe that DOGE has strong potential, at least based on previous history and overall market movements.
Yesterday prominent GameStop trader Keith Gill (AKA Roaring Bunny) revealed that he accumulated a position worth $180 million in the retailer's stock.
Not only does this increase bullish sentiment towards GameStop, it may also extend to overall demand for meme coins such as Dogecoin.
Furthermore, the coming months are likely to bring overall positive sentiment, given that inflation appears to be easing in several regions, including the UK and EU.
This is expected to lead to lower interest rates, which in turn will increase investor demand.
As a result, Dogecoin price could benefit and is expected to reach $0.2 by the end of summer and $0.4 by the end of 2024.
Other high potential meme coins
Dogecoin is also waiting for the possibility of introducing DOGE payments on the X platform, although this may still take a long time and may never happen.
Therefore, traders looking for big gains may be more inclined to invest in new meme coins with greater short-term potential, and there are currently several pre-sale coins that look very promising.
For example, PlayDoge (PLAY) is an Ethereum-based cryptocurrency that has raised over $1.5 million in its sale.
This number is very impressive as PlayDoge launched its product only last week, quickly attracting investors due to its token economics and fundamentals.
On the fundamentals side, PlayDoge will launch a dog-themed and Tamagotchi-style earn-as-you-play game that will reward players for breeding, trading, and completing tasks with their own virtual dog.
Given the past success of big games like Tamagotchi and more recently CryptoKitties, PlayDoge has the potential to become very popular.
Also bullish is the fact that PLAY will be a deflationary meme coin with a maximum supply of 9.4 billion.
Given that holders can stake the coin, a tight supply could soon arise, pushing its price higher.
Investors can visit PlayDoge’s official website to participate in its sale, with 1 PLAY token selling for $0.00502.
Since the coin’s pre-sale has been a huge success, we may see its price skyrocket after its launch in the next month or so.
Visit PlayDoge now: https://cn.cryptonews.com/ext/playdoge-cn/
Original text: https://cn.cryptonews.com/news/dogecoin-price-prediction-as-doge-approaches-ripples-xrp-in-coin-rankings-can-doge-reach-10.htm
#狗狗幣 #dogecoin #doge #playdoge #迷因幣
Dogecoin price has dropped 2.5% in the past 24 hours to $0.1579, while the overall crypto market remains stable.
DOGE is now down 3.5% for the week and 2% for the month, but the meme coin is still up 115% over the past year.
This development brings Dogecoin close to Ripple’s XRP in the market capitalization rankings, with the meme coin now just $6 billion away from surpassing XRP, which has stalled this year as Ripple awaits a final settlement with the SEC.
With the overall market becoming more bullish and interest in meme coins growing, Dogecoin price is sure to see new gains in the near future.
DOGE is approaching XRP’s position in the coin rankings – can DOGE reach $10?
Today’s decline in DOGE means the coin has entered more oversold territory, which is an opportunity to buy low before rebounding.
Its Relative Strength Index (purple) dropped from nearly 70 yesterday to 40 today, while it has room to fall further before correcting.
Dogecoin price chart.
Source: TradingView
Looking at DOGE’s 30-day EMA (orange), it appears that the coin has experienced a long enough downturn and should be ready for a surge soon, as the 30-day EMA has been lower for much of the past week. at the 200-day moving average (blue).
Encouragingly, this altcoin’s resistance (red) and support (green) levels are gradually trending closer to each other, approaching a tipping point that often results in large moves.
Combined with the current low trading volume, a massive buy from whales could send the Dogecoin price skyrocketing.
It appears that a significant number of traders still believe that DOGE has strong potential, at least based on previous history and overall market movements.
Yesterday prominent GameStop trader Keith Gill (AKA Roaring Bunny) revealed that he accumulated a position worth $180 million in the retailer's stock.
Not only does this increase bullish sentiment towards GameStop, it may also extend to overall demand for meme coins such as Dogecoin.
Furthermore, the coming months are likely to bring overall positive sentiment, given that inflation appears to be easing in several regions, including the UK and EU.
This is expected to lead to lower interest rates, which in turn will increase investor demand.
As a result, Dogecoin price could benefit and is expected to reach $0.2 by the end of summer and $0.4 by the end of 2024.
Other high potential meme coins
Dogecoin is also waiting for the possibility of introducing DOGE payments on the X platform, although this may still take a long time and may never happen.
Therefore, traders looking for big gains may be more inclined to invest in new meme coins with greater short-term potential, and there are currently several pre-sale coins that look very promising.
For example, PlayDoge (PLAY) is an Ethereum-based cryptocurrency that has raised over $1.5 million in its sale.
This number is very impressive as PlayDoge launched its product only last week, quickly attracting investors due to its token economics and fundamentals.
On the fundamentals side, PlayDoge will launch a dog-themed and Tamagotchi-style earn-as-you-play game that will reward players for breeding, trading, and completing tasks with their own virtual dog.
Given the past success of big games like Tamagotchi and more recently CryptoKitties, PlayDoge has the potential to become very popular.
Also bullish is the fact that PLAY will be a deflationary meme coin with a maximum supply of 9.4 billion.
Given that holders can stake the coin, a tight supply could soon arise, pushing its price higher.
Investors can visit PlayDoge’s official website to participate in its sale, with 1 PLAY token selling for $0.00502.
Since the coin’s pre-sale has been a huge success, we may see its price skyrocket after its launch in the next month or so.
Visit PlayDoge now: https://cn.cryptonews.com/ext/playdoge-cn/
Original text: https://cn.cryptonews.com/news/dogecoin-price-prediction-as-doge-approaches-ripples-xrp-in-coin-rankings-can-doge-reach-10.htm
#狗狗幣 #dogecoin #doge #playdoge #迷因幣