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Wall Street Analysts Predict This Low-Cap Coin Will Overtake SHIB and DOGE!

A new cryptocurrency is turning heads on Wall Street. Financial experts suggest that this under-the-radar coin might soon surpass Shiba Inu and Dogecoin in popularity.

With its unique features and rising adoption, it could be poised for significant growth. This article explores why this low-cap coin is gaining attention and what it means for the crypto market.

DOGEN Soars 500% After DEX Listing, Whats Next with CEX on the Way?

DOGEN, the meme token built for those who never settle for less, is showing strong technical and fundamental momentum. Designed for winners, DOGEN embodies the alpha mentality, and this concept has already appealed to a large community of over 30,000 followers on X.

Recent Price Action & Momentum

Since its listing on Raydium DEX on February 4th, DOGEN had a strong run, hitting an all-time high of $0.0066 before cooling off and stabilizing around $0.002. Even at that level, its still up a massive 566% from its lowest presale price of $0.0003. The presale itself raised $5.5 million showing just how much early interest this project attracted.

Technical Indicators & Breakout Potential

DOGENs current fully diluted valuation (FDV) stands at $28 million, with a projected upside toward $40 million. This rise in value suggests a potential price target of $0.004+ in the near term.

Recent price action suggests DOGEN is testing key support within a descending channel. If the price breaks above $0.0032, the current downtrend would reverse and set the stage for a strong bullish move toward $0.0056, aligning with previous resistance levels.

A planned major exchange listing is expected to inject fresh liquidity and increase accessibility of $DOGEN, typically a key price catalyst for meme coins. With only 1 billion tokens circulating (10% of total supply), DOGENs price remains highly sensitive to increased demand, setting the stage for further volatility in favor of the bulls.

DOGEN Could 3x From Here Dont Wait for the CEX FOMO

Community buzzes about DOGEN Hitting $100M+

DOGENs remarkable post-listing performance and strong presale momentum have captured significant community attention. 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.

DOGEN has already demonstrated its ability to rally quickly, and with increasing speculation ahead of its CEX listing, the probability of retesting its $0.005 ATHor breaking beyondis rising. If momentum continues, DOGEN could enter a parabolic price discovery phase, with values exceeding its current FDV ceiling.

DOGEN is Still Undervalued Buy Now Before the CEX Listing

Dogecoin and Its Place in the Crypto Market

Dogecoin is a cryptocurrency that started as a joke in 2013. It was created by Billy Marcus and Jackson Palmer and is based on a Shiba Inu meme. Unlike Bitcoin, Dogecoin has no limit on its total supply, with 10,000 new coins mined every minute. It gained major attention in 2021 due to social media and Elon Musks support. Its price can be highly volatile, influenced by public interest and market trends. While some see Dogecoin as a fun coin, others use it for payments and tipping online. Its community support and wide availability make it a popular choice in crypto. Whether it remains strong depends on adoption, market conditions, and technological improvements.

Shiba Inu (SHIB) and Its Role in the Crypto Market

Shiba Inu (SHIB) is a cryptocurrency inspired by Dogecoin. It operates on the Ethereum blockchain, making it compatible with Ethereum-based applications. Launched in August 2020 by an anonymous creator, SHIB started with a quadrillion tokens. Half of them were sent to Ethereum co-founder Vitalik Buterin, who later donated a portion and burned 40% of the total supply. This drew attention to SHIB. Unlike Dogecoin, SHIB supports features like ShibaSwap, a decentralized exchange, and has plans for NFTs and governance tools. Its connection to Ethereum allows for more use cases. In the current market, SHIBs price depends on trends, investor interest, and broader crypto developments.

Conclusion

In the current bull run, DOGE and SHIB show less short-term potential. DOGEN, designed for those seeking luxury and success, stands out with an expected 700% presale growth and possible thousand-fold returns. Following in the footsteps of BONK, WIF, and Popcat, DOGEN aims to build a community of leaders, offering real benefits and exclusive perks for early adopters.

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Read more: https://nulltx.com/wall-street-analysts-predict-this-low-cap-coin-will-overtake-shib-and-doge/

Text source: NullTX

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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