Price: $0.19735 3.9294%
Market Cap: 28.95B 1.1525%
Volume (24h): 3.76B 0.2%
Dominance: 1.1525%
Price: $0.19735 3.9294%
Market Cap: 28.95B 1.1525%
Volume (24h): 3.76B 0.2%
Dominance: 1.1525% 1.1525%
  • Price: $0.19735 3.9294%
  • Market Cap: 28.95B 1.1525%
  • Volume (24h): 3.76B 0.2%
  • Dominance: 1.1525% 1.1525%
  • Price: $0.19735 3.9294%
Home > Information news > Here’s How DOGE Price Might Explode 50% and One Low-Cap Meme Coin To Consider for Even Higher ROI

Here’s How DOGE Price Might Explode 50% and One Low-Cap Meme Coin To Consider for Even Higher ROI

Release: 2024/09/09 18:51 Reading: 267

Original author:CaptainAltcoin

Original source:https://coinmarketcap.com/community/articles/66dec396432cbf25b23bcf2d

Here’s How DOGE Price Might Explode 50% and One Low-Cap Meme Coin To Consider for Even Higher ROI

Dogecoin Price Prediction: Bullish Breakout or Further Bearish Continuation?

Dogecoin (DOGE) has struggled to regain momentum since its surge in March. Analyst Ali Martinez recently identified a Falling Wedge pattern on DOGE's daily chart, indicating potential bullishness.

The pattern suggests that DOGE has been in a downtrend since June, with consistently lower highs and lows. The lower boundary of the wedge currently supports the price at around $0.095, while resistance lies around $0.10.

A daily candle close above $0.10 would confirm a breakout of the Falling Wedge. This could potentially drive DOGE towards the next Fibonacci level at $0.1030. Analyst Martinez highlights $0.15 as a potential bullish target, aligning with the Fibonacci 0.618 level ($0.1536), a historically strong resistance point.

However, if DOGE fails to break above $0.10 and instead falls below the wedge's lower trendline, further bearish continuation is possible, targeting $0.08 or lower.

Low-Cap Meme Coin with Potential: PandaWorld

While DOGE holds potential, some investors are exploring alternative projects with potentially higher returns. One such project is PandaWorld (PADW), a meme coin with a focus on utility and value for holders.

Currently in presale, PandaWorld has raised over $115,000. Notable features include:

  • Revenue Sharing: Revenue from platform initiatives is allocated to holders who stake PADW tokens.
  • Deflationary Token Model: The supply of PADW is designed to decrease over time through token burns.
  • Broader Ecosystem: PandaWorld includes an NFT marketplace, exclusive merchandise, and community events.

Disclaimer: This analysis is for educational purposes only and should not be taken as financial advice. Investment decisions should be made with due diligence and risk assessment.

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