Crypto Fear Index Hits Highs The Perfect Time to Load Up on DOGEN and These Explosive Memecoins
For brave traders, opportunities may present themselves while the Bitcoin market experiences a panic. Because of the high levels of fear, some people think now is the ideal time in promising memecoins. These oddball digital coins, well-known for going viral, could see rapid growth. This could be the opportunity to investigate assets that have the potential to yield substantial rewards.
DOGEN Soars 500% After DEX Listing, Whats Next with CEX on the Way?
DOGEN, the meme token designed for people who never settle for less, is showing strong technical and fundamental momentum. The alpha mindset, which has already won over a sizable community of more than 30,000 followers on X, is embodied by DOGEN, which is made for winners.
DOGEN has performed well since February 4th, when it was listed on Raydium DEX. Prior to cooling off and stabilizing around $0.002, it reached its highest point ever, $0.0066. It is still up a whopping 566% from its lowest presale price of $0.0003 even at that level. This project garnered a lot of early interest, as seen by the $5.5 million earned during the presale.
The fully diluted valuation (FDV) of DOGEN is currently $28 million, with a potential increase to $40 million. This increase in value points to a possible short-term price target of $0.004+.
DOGEN appears to be testing important support within a falling channel, based on recent price activity. The present downward trend would cease and a strong bullish rise toward $0.0056, which would be in line with earlier resistance levels, would be initiated if the price breaks over $0.0032.
It is anticipated that a planned large exchange listing will boost accessibility and provide new liquidity for $DOGEN, which is usually a big price trigger for meme coins. Given that there are only 1 billion tokens in circulation (10% of the total supply), DOGENs price is still extremely vulnerable to rising demand, which could lead to more volatility in the bull markets favor.
Community buzzes about DOGEN Hitting $100M+
The community has taken notice of DOGENs outstanding post-listing performance and robust presale momentum. The eezzys journal channel, boasting over 50K subscribers, has recognized DOGENs potential to become a leading memecoin on Solana, potentially reaching a market cap exceeding 100M.
Since DOGEN has previously shown that it can rally swiftly, the likelihood of it retesting its $0.005 ATHor breaking aboveis growing as speculation over its CEX listing intensifies. If momentum keeps up, DOGEN may surpass its present FDV ceiling and enter a parabolic price discovery period.
Pepe (PEPE) Shows Signs of Recovery, But Can It Break Resistance?
Pepe is attempting to restore strength by trading between $0.00000893 and $0.00001060. Although the 10-day moving average is weak and below the 100-day, the RSI of 44.72 indicates that the market is not oversold. Its up 2% this week after plunging 52% in a month, suggesting a possible recovery. It may move toward $0.00001319, a 30% increase, if it breaks the barrier of $0.00001151. Support at $0.00000815 might hold if it doesnt. $0.00000648 comes next if it breaks. The next move will be determined by volume and momentum. If buyers intervene, PEPE might quickly recover. Otherwise, there may be consolidation or more declines. Although the trend is unclear, a breakout can lead to a surge.
Shiba Inu (SHIB) Holds Tight: Is a Big Move Coming?
SHIB is trading between $0.00001505 and $0.00001712, struggling to breach resistance at $0.00001826. Its RSI of 40.74 shows its not overbought or oversold, implying the price might go either way. Although the 34.2% one-month decline was severe, the 16.62% six-month rise indicates long-term strength. If bulls go beyond $0.00001826, SHIB might aim $0.00002033, a jump of approximately 20%. If weakness continues, it may test support at $0.00001412. The MACD is somewhat negative, signifying poor momentum. SHIB requires a big push to validate a bullish breakout. If volume increases up, a rally might follow, boosting prospects for a stronger altcoin season ahead.
Dogecoin Eyes a Breakout: Can DOGE Hit the Next Big Resistance?
Dogecoin is fluctuating between $0.2418 and $0.2882, recovering from the prior months loss of nearly 36%. The closest resistance level, $0.311, is difficult to break. If it pushes past, the next significant zone is $0.3574, which may indicate a gain of about 25% from current prices. Since DOGE isnt yet overbought, a higher advance is still possible, according to the RSI at 42.93. With the 10-day and 100-day moving averages so close to one another, momentum is unclear. The $0.2182 support must hold if the price declines. In the long run, DOGE has risen more than 155% in just six months, suggesting that another breakout may be imminent.
Eyes of Bonk (BONK) Rebound Despite Recent Decline
Bonk has lost around 48% in a month and is currently trading between $0.00001608 and $0.00001924. Despite further pressure, the price remains above the $0.00001474 support. It might test resistance at $0.00002106 if momentum increases, and a greater push might drive it toward $0.00002422, which would represent a gain of roughly 25% from the current level. There are conflicting technical signs, but the RSI at 40.61 indicates that it isnt yet oversold. The MACD is still negative, but the stochastic at 38.49 points to a potential rise. A rally may be imminent as cryptocurrency season draws nigh, but Bonk requires significant purchasing pressure to recover. The bullish sentiment might return if it breaks resistance.
Conclusion
While PEPE, SHIB, DOGE, and BONK show less short-term potential, DOGEN is designed for those seeking luxury and success. Expected to grow 700% by presales end, with the potential for thousand-fold returns, DOGEN follows the path of successful tokens like BONK and WIF. Building a community of alpha leaders offers real benefits and exclusive perks for early adopters.
Site: https://dogen.meme/
Twitter: https://x.com/dogenmeme
Telegram: https://t.me/Dogen_Portal
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece; nor can this article be regarded as investment advice. Please be aware that trading cryptocurrencies involve substantial risk as the volatility of the crypto market can lead to significant losses.
Text source: ZyCrypto
