Price: $0.31599 -5.994%
Market Cap: 46.55B 1.4016%
Volume (24h): 5.46B 0%
Dominance: 1.4016%
Price: $0.31599 -5.994%
Market Cap: 46.55B 1.4016%
Volume (24h): 5.46B 0%
Dominance: 1.4016% 1.4016%
  • Price: $0.31599 -5.994%
  • Market Cap: 46.55B 1.4016%
  • Volume (24h): 5.46B 0%
  • Dominance: 1.4016% 1.4016%
  • Price: $0.31599 -5.994%
Home > Information news > Dogecoin (DOGE) and Shiba Inu (SHIB) Hit a Wall as Dogen (DOGEN) Reaches a New Peak

Dogecoin (DOGE) and Shiba Inu (SHIB) Hit a Wall as Dogen (DOGEN) Reaches a New Peak

Release: 2024/11/11 05:14 Reading: 297

Original author:ETHNews

Original source:https://coinmarketcap.com/community/articles/673118d10b69b45c22e2b41d

Dogecoin (DOGE) and Shiba Inu (SHIB) Hit a Wall as Dogen (DOGEN) Reaches a New Peak

Meme Cryptocurrencies: Shifting Landscape and Unexpected Influencers

In the realm of meme cryptocurrencies, once-dominant players Dogecoin and Shiba Inu are encountering challenges that impede their progress. On the other hand, Dogen has surged to unprecedented heights, catching market observers off guard.

Dogen: The Bullish Meme Token

Dogen has emerged as the strongest meme token, showcasing remarkable resilience with no significant dips or volatility. Boasting unparalleled strength and determination, it has witnessed an impressive 700% surge expectation. This Solana-powered beast is poised for potentially massive gains.

To reward its loyal believers, Dogen offers an airdrop program. By spreading the word on social media, participating in the presale, and recruiting new investors, individuals can earn substantial rewards.

Dogecoin's Positive Indicators

Dogecoin's price has demonstrated positive movement, trading within a range of $0.1349 and $0.1738. A surge of 15.54% over the past week and 78.88% in the last month indicate a promising outlook. The Relative Strength Index (RSI) suggests that there is still room for growth before reaching overbought levels. If it breaks the $0.1962 resistance, Dogecoin could target $0.2351.

Shiba Inu's Potential Growth

Shiba Inu (SHIB) has also exhibited steady gains, with a 3.05% increase this week and 8.66% in the past month. Trading near its moving averages, SHIB indicates a potential bullish trend. The RSI value of 54.07 suggests that the token is poised for upward movement. Breaking above the $0.00002127 resistance could lead to a target of $0.00002491, representing a potential increase of over 20%.

Conclusion

While Dogecoin and Shiba Inu face temporary obstacles, Dogen has emerged as a formidable force in the meme cryptocurrency market. With its focus on luxury and success, Dogen expects substantial growth and offers significant rewards for early adopters. Its community-oriented approach and market dominance aspirations make it a compelling proposition for those seeking the best in the crypto realm.

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