Dogecoin (DOGE) is up 350% this year and is in line with the broader crypto market’s bullish outlook. Adding credence to this outlook is Elon Musk’s Department of Government Efficiency (D.O.G.E.) and whales accumulating DOGE.  This bullish momentum coupled with Bitcoin’s recent performance could serve as tailwind and propel Dogecoin price by 85%.
Dogecoin Price Could Shoot 85% If DOGE Flip This Key Resistance
$DOGE


The weekly chart shows that the Dogecoin price made a strong bullish breakout in November. This was a notable breakout since it came after it spent over two years in a consolidation between $0.050 and $0.2280. 
Dogecoin has now cruised above the crucial resistance level at $0.2278, its highest swing on March 25. Moving above that level was crucial because it invalidated the double-top pattern that was forming. 
It has also jumped above the 50-week and 25-week moving averages, a sign that bulls are in control. The coin also jumped to a high of $0.4840, which was slightly above the 38.2% Fibonacci Retracement level. 
There are signs that the Dogecoin price is slowly forming a bullish flag chart pattern. This is a popular continuation sign that is characterized by a long vertical line and some consolidation.
Therefore, a break above that resistance level will raise the possibility of the price of DOGE rising to $0.7383, its all-time high. This price is about 82% above the current level. Such a move would raise the possibility if the coin soaring to the key psychological level at $1.$DOGE

On the flip side, a drop below $0.2813, the 61.8% Fibonacci Retracement level, will invalidate the bullish thesis. It will mean that the bullish flag pattern failed to work out, and risk the coin retesting the support at $0.2278.
DOGE Price Needs Other Catalysts
Additionally, Dogecoin price needs other catalysts to continue its strong bullish rally. In the first place, it needs Bitcoin to do well, which will lead to more gains among altcoins. Most altcoins thrive when BTC is in a strong rally. Such a rally will also be accompanied by a rise in the crypto fear and greed index.
Further, Dogecoin needs whales to continue accumulating the coin as they have been doing in the past few months. Data by Santiment shows that whales have boosted their DOGE ownership in the last month, a sign that they expect the price to continue rising.
Dogecoin price also needs more statements about Elon Musk’s DOGE. Historically, Musk has been a top mover for Dogecoin, a crypto that exists in his portfolio. Also, some analysts believe that it could be boosted by the DOGE ETF as soon as in 2025.
#doge⚡
#DogeForever
#BinanceTrendingTokens

BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain by daily transactions, has announced the launch of the Memecoin Daily Airdrop Series, an event designed to spotlight and reward the top-performing memecoins within its ecosystem and give back to the community. From December 12 to December 19, 2024, BNB Chain will purchase 33 BNB worth of the leading memecoin each day and distribute the tokens to 1,000 BNB and CAKE holders.
$BNB #BNBAnalysis #BNBAIRDROP


Key Dates
Leaderboard Launch: December 11, 2024Airdrop Period: December 12–19, 2024Eligibility Address Snapshot: December 11, 2024, 10:00 AM UTCWinner Announcements: Daily at 12:00 PM UTCMemecoin Purchase: Within 10 minutes of the announcement
Each day’s top-performing memecoin on BNB Smart Chain (BSC) will be selected based on three criteria: 24-hour trading volume (40%), market capitalization (30%), and price increases over a 24-hour period (30%). A live leaderboard, launching December 11, will track these metrics in real time, ensuring a transparent and competitive environment for all participating memecoins. Once a memecoin secures the top position, BNB Chain will purchase 33 BNB worth of its tokens for distribution to 1,000 BNB and CAKE holders.
Daily Competition Period and Eligibility Criteria:
Day 1: December 12, 12:00 PM – December 13, 11:59 AM UTC (Memecoins launched after October 1st)Day 2: December 13, 12:00 PM – December 14, 11:59 AM UTC(Memecoins launched after October 1st)Day 3: December 14, 12:00 PM – December 15, 11:59 AM UTC (Memecoins launched after December 5th)Day 4: December 15, 12:00 PM – December 16, 11:59 AM UTC(Memecoins launched after December 5th)Day 5: December 16, 12:00 PM – December 17, 11:59 AM UTC(Memecoins launched after December 5th)Day 6: December 17, 12:00 PM – December 18, 11:59 AM UTC(Memecoins launched after December 5th)Day 7: December 18, 12:00 PM – December 19, 11:59 AM UTC(Memecoins launched after December 5th)
Eligible memecoins can participate in the competition without registration. The leaderboard will be updated in real time with data provided by Ave.ai. Projects not appearing on the leaderboard are encouraged to reach out to BNB Chain on Discord. 
Winning memecoins will receive support and resources from BNB Chain, boosting their visibility and credibility within the ecosystem. This includes the addition of a LisUSD liquidity pool on DEX through ListaDAO, the listing of perpetual contracts on APX, and securing listings on KiloEx. Furthermore, winners will be able to benefit from integration with the trading bot Udex and have the opportunity to explore innovative AI and meme collaborations with Four.meme, elevating their utility and appeal.
To participate in the airdrop, BNB and CAKE holders must meet specific criteria. Eligible participants must hold at least 1 staked BNB (slisBNB, BNBx, stkBNB, or ankrBNB), or 235 CAKE in their wallet by the snapshot time on December 11, 2024, at 10:00 AM UTC.
Additionally, community members can enhance their eligibility by supporting their preferred memecoin. By tweeting with #MEMEonBNBChain and commenting on official posts, they may be selected to join the airdrop eligibility list and increase their chance of receiving airdrops. 
The Memecoin Daily Airdrop Series offers memecoins a platform to gain recognition, engage with the broader blockchain community, and drive innovation within the BNB Chain ecosystem.