Welcome to my profile, Big fan of Blockchain technology and cryptos. Love to talk about 📈 #coins, #memes and current updates. stay connected, always DYOR!
Analyst Ali Martinez forecasts an astonishing 5,900% surge for Dogecoin, drawing parallels to its historic rise in 2021. Despite potential short-term fluctuations, breaking through resistance levels at $0.188 and $0.206 could pave the way for this bullish run.
Amidst a recent market downturn, with total market capitalization dropping by 7% to $2.62 trillion, Dogecoin remains a beacon of interest. Martinez's analysis reignites optimism in the beloved meme coin, positioning it for potential growth despite market volatility. 📈🐕 #Dogecoin#CryptoPredictions2024#ToTheMoon.
Dogecoin (DOGE), the pioneering meme cryptocurrency, has experienced an extraordinary price surge, catapulting past the $0.22 mark for the first time since November 2021.
This resurgence is part of a broader crypto market rally, with $DOGE emerging as one of the week’s standout performers. Riding this wave, #Dogecoin ’s market valuation soared beyond $30 billion, positioning it as the eighth largest digital currency, surpassing others such as Cardano (ADA). Strong Market
Despite being in a negative phase in the last week of March, BOOK OF MEME (BOME) has begun April with positive momentum. BOME bulls have been in charge over the previous 24 hours, having established support at the intra-day low of $0.0139. During the surge, bulls drove the price to a seven-day high of $0.01643 before encountering resistance.
At press time, $BOME was up 9.76% and trading at $0.01543. BOME’s market capitalization and 24-hour trading volume increased by 9.87% and 25.90%, respectively, to $855,025,793 and $868,455,316.
If the bullish momentum breaks through the $0.01643 resistance, the next resistance levels to watch out for are $0.0175 and $0.0187. However, if the bulls are unable to maintain their present pace, the $0.0139 support level may be tested again.
I've had a lot of DM's about this chart from the video below so here it is!
Gauging the sentiment out there right now, people are now bearish & giving up on $Pepe after a brief 2 week pause...🤡
$DOGE is pumping... $WIF is pumping... both have been leading the meme market since Q4, 2023. Do you really think that Pepe & other(s) are not about to catch up & mean revert against the two bold names above?
If you paid me 2x my current Pepe bag as a bonus for selling right now I wouldn't do it. See you in Q2.
🚨🚨🚨 The consistent addition of $Doge to Elon Musk's wallet underscores the cryptocurrency's potential, with over 7 million individual wallets now holding Doge, demonstrating its widespread adoption and community backing.
This uptrend, alongside recent developments like Dogecoin's acceptance as payment in Xspace and X, suggests a forthcoming price surge. Brace yourself for what might be a significant increase, driven by a combination of demand and innovation.
🚀🌕 Stay tuned for the latest Doge updates. Insider sources provide valuable insights. 🔥 #WIF🔥#DOGEUSDT! #PDA #APT #SUI-
🚨 If they repeat the success of the previous cycle, the price of Dogecoin would reach $53.1, and Bitcoin $504,700.
The last Bitcoin halving was on May 11, 2020 at a price of ~ $8,400. Since then, the price has steadily increased and reached ~ $69,000 in the following year. An increase of 721%.
Dogecoin price was ~ $0.0025 on May 11, 2020 and hit ~ $0.74 in the following year. An increase of 29500%.
While it is tempting to think that both coins can repeat the success of the previous cycle, with Bitcoin reaching $504,700 and Dogecoin reaching $53.1, it should be remembered that the conditions are not the same now as in the previous bull run.
- Both coins are bigger now, liquidity is tighter and therefore they are more difficult to move.
- Unlike today, in 2020, governments gave free money to citizens. A large part of it went into investments.
- The number of scammers, rug pullers who create meme tokens with the help of which they extract liquidity from crypto, has never been higher.
+ But on the other hand, traditional institutions have now entered BTC, and possibly soon Dogecoin, which opened the door of crypto to the boomers.
+ Halving is expected to happen on 4/20 which can make BTC high.
Therefore, I say with some certainty that I have no idea what the price of Doge and BTC will be this season.