Although meme coins have been showing spectacular trends during this bull run, with Dogecoin gaining traction since Trump’s victory and the PEPE price quickly soaring
PEPE Price Shows Bullish Takeover For The Memecoin
With enormous intraday gains of 9% in just one day, PEPE price actions are currently leading the rise. The PEPE price has increased significantly since Donald Trump won the presidency. Several exchanges, including Coinbase and Robinhood, quickly recognized the token, which caused PEPE’s price to rise sharply and reach a new all-time high.
Earlier on Wednesday, Coinbase declared that its users in New York could finally access PEPE. This caused the PEPE price to spike beyond 13% before a minor adjustment. At present, the PEPE price on the daily charts shows strong bullish momentum with a dominant green candle.
The meme coin is also showing strength on the monthly charts, with the PEPE price soaring up by over 103%. PEPE started the month for $0.059525, while the PEPE price has now reached a high of $0.00001947.
Dogecoin Price Prediction: DOGE To Rally To $1 Mark
Whale sightings and Elon Musk’s influence have been the main drivers of Dogecoin’s (DOGE) recent price increase. Following a temporary decline, large investors purchased 200 million coins, indicating decreased selling pressure and maybe a price increase.
Because the ADX (Average Directional Index) is rising strongly, Dogecoin may be able to break above its resistance level of $0.42 and reach $0.48 or possibly $1. This increase in buying is exacerbated by the ongoing support from well-known figures like Musk, which makes the DOGE price prediction optimistic about future gains.
Dogecoin’s rally is worth watching if you’re looking for the next cryptocurrency to hit $1. The DOGE price prediction appears to be optimistic, as it has a strong foundation of support from both whales and Musk. There’s a good chance Dogecoin may hit $1 sooner rather than later if momentum keeps up and selling pressure stays modest.
