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With Bitcoin eyeing $150,000, these 5 altcoins are gearing up for massive gains.
Table of Contents
DOGEN sees 333% surge, targets 500% by TGE
Ethereum
TRON
BNB
Solana
Conclusion
As the end of year approaches, excitement builds in the cryptocurrency world. Bitcoin is setting its sights on a historic price level, and several lesser-known coins are showing signs of massive growth. This article analyzes 5 altcoins that could experience remarkable surges, capturing the attention of investors looking for the next big opportunity.
DOGEN sees 333% surge, targets 500% by TGE
DOGEN, a rising meme coin on the Solana blockchain, is capturing attention with its impressive presale performance and growth potential. Inspired by the viral success of tokens like BONK, WIF, and Popcat, DOGEN combines meme culture appeal with Solana’s scalability to stand out in the booming altcoin market.
Starting at $0.0003 in Stage 1, the token has already surged by 333% to $0.0013 in Stage 9. With the presale progressing toward Stage 13, the price is projected to hit $0.0019, delivering a potential 500% return for early adopters.
DOGEN’s multi-level referral program offers three tiers of rewards: 7% in USDT for direct referrals, 2% for second-tier, and 1% for third-tier purchases. Weekly distributions incentivize consistent community engagement. Additionally, DOGEN’s Golden Points system rewards investors with bonus airdrops based on the size of their investments, offering up to a 12% boost for purchases over $10,000.
DOGEN’s strong community focus, combined with its solid presale growth and future utility, positions it as a compelling option in the Solana ecosystem.
Interested investors can be part of DOGEN’s exciting future via presale.
Ethereum
Ethereum is a Proof-of-Stake blockchain known for smart contracts and a wide range of decentralized applications. It remains the second-largest cryptocurrency, with a market cap of $400.69 billion.
ETH is currently trading at $3,326.28, reflecting a decline of 2.65% over the past week and 6.68% in the past month. Over the past 24 hours, the ETH trading volume has surged by 27.15% to $25.23 billion, with a volume-to-market-cap ratio of 6.29%. Analysts suggest that while Ethereum remains 32.37% below its all-time high of $4,891.70, it has the potential to regain and surpass these levels in the near future.
TRON
TRON is a decentralized blockchain platform launched in 2017 by the Tron Foundation. The value TRX saw a notable surge in early December, hitting a record high of $0.4407 on December 4. However, TRX is currently trading at $0.2593 — a decline of almost 40% from its recent peak.
Even with the drop, Tron remains 29.79% higher than it was a month ago and has risen by 5.45% over the past week. Over the last 24 hours, the TRX price increased by 3.56%, becoming a top performer among the top 10 cryptocurrencies by market cap.
Technical indicators suggest that TRX is finding stability with a promising outlook. Key support levels include the Major Oblique Support at $0.246 and the 50-day Simple Moving Average (SMA) at $0.23915, both of which could bolster a potential breakout. On the resistance side, the Bollinger Upper Band at $0.31 aligns with recent highs, and a breakout above this point could signal a strong bullish trend for Tron.
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BNB
BNB, the native cryptocurrency of the Binance ecosystem, is currently trading at $692.63, reflecting an increase of 2.88% over the past week and 8.48% in the last 30 days. With a market cap of $99.74 billion, BNB has shown strong momentum, supported by a 56.86% surge in 24-hour trading volume to $1.91 billion.
On December 22, BNB fell beneath the 50-day SMA at $658 but the bears failed to push below the key support level at $635. The bulls are currently working to initiate a recovery rally, which is likely to encounter resistance near the 20-day EMA at $685. Should the price reverse from this level, the bears might make another attempt to drag BNB below the uptrend line, potentially triggering a decline toward $550.
Conversely, if the price surpasses the 20-day EMA, it would indicate that the pair might consolidate within the $635 to $722 range for a while. A breakout and close above $722 would signal that the bulls have regained control.
Solana
SOL is currently valued at $185.85, reflecting a decline of nearly 3% over the past 24 hours. The asset’s market cap and trading volume have also shown signs of a bearish trend.
Despite the downward price movement, the Net Realized Profit/Loss metric for SOL indicates that investors maintain a strong bullish outlook. The 0.78 Fibonacci retracement level has acted as solid support for SOL. As the price approaches the 0.618 retracement level near $197, the support range between $181.75 and $179.66 becomes critical in shaping its next move.
If the recent boost in investor confidence and increased activity on the Solana network continues, SOL could aim for $254 as its first target. Additional medium-term targets projected by analysts include $302 and $345.
Conclusion
With Bitcoin aiming for new heights, established coins like ETH, TRX, BNB, and SOL may offer steady gains, but DOGEN stands out with its focus on luxury and success. By building a community of ambitious leaders and offering exclusive perks to early adopters, DOGEN presents significant potential in the altcoin season.
For more information on DOGEN, visit their website, Twitter, or Telegram.
Read more: Crypto expert behind BONK’s 900% rise predicts DOGEN will hit $5 after historic low
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