Dogecoin (DOGE) Price Predictions Turn Bearish With Holders Rushing To InsanityBets (IBET) for Profit Opportunities

Twitter’s declining engagement as evidenced by CEO Elon Musk’s recent tweet takes a heavy toll on Dogecoin (DOGE) price.

The recent price crackdown shifted investors’ appetite to the presale token InsanityBets (IBET) – a project offering a straightforward, cheap, and transparent approach to crypto-based betting.

Dogecoin (DOGE)’s Twitter Ties is a Bane to its Price

Dogecoin (DOGE) spends another day in the red as Twitter lags in the engagement department. The latest study shows that Elon Musk’s takeover last year is demeaning to user ties. The overall Twitter usage in the United States went down 9% since Musk came into the picture.

The Tesla founder, also known as the “Dogefather,” has publicized his positive projection on Dogecoin (DOGE) over the past years. Due to the coin’s primed position on his list, DOGE had been projected to become Twitter’s official digital asset currency should it continues its crypto thrust – an event that has never happened nor progressed as of this writing.

Crypto analysts cited Dogecoin (DOGE)’s affinity with the ‘Dogefather’ does more bad than good – the price is up 65% year-over-year. The current situation showed some clarity to some DOGE holders – it’s time to switch over to newer, higher-potential cryptocurrencies like the crypto betting project InsanityBets (IBET).

A Massive Selloff Awaits Dogecoin (DOGE)

Dogecoin (DOGE) had just fallen below the critical support at $0.18 – it sells at $0.16, down nearly 15% in the 7-day charts.

Adding an insult to injury is a whale transaction worth $100 million moving between wallets. Whale movements indicate the dominance of fear and normally precedent a massive selloff.

In the event of an extended bear dominance, we will see DOGE falling to $0.10. This is a level it did not revisit since October 22 2023. Investors took the recent technical analysis as a signal to consider newer, higher-yielding investments like InsanityBets (IBET) which is taking over the crypto market soon.

Dogecoin (DOGE) Alternative to Consider: InsanityBets (IBET)

InsanityBets offers a fresh take on the online betting scene, leveraging the power of blockchain to deliver a gaming environment where you have the upper hand. This platform takes CasinoFi and GameFi to new heights, making you an integral part of the ecosystem.

Seize the Presale Advantage: Start strong by investing in $IBET at an enticing presale price of $0.001, with the trajectory aimed at $0.018. This unique opportunity is your gateway to a staggering 1700% increase, distinguishing you from the crowd. The presale journey is rich with potential, offering not just a stake but a chance to win big, supported by a token economy designed for long-term value.

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Investing in Excitement: The Insane Liquidity Pool ($ILP) elevates your betting to an investment, allowing you to earn from the game’s success. With 90% of house earnings returned to $ILP investors, your engagement brings both excitement and potential financial rewards.