Shiba Inu Soars on Post FOMC Rate Cut FOMO Hits Up Crypto Market Volatility, Dogecoin and Dogen to Follow up Next?

Following the Recent Federal Reserve Rate Cut, Shiba Inu Surges

The Federal Reserve's decision to cut interest rates has sparked a surge in the value of Shiba Inu (SHIB), igniting excitement within the crypto markets. This unexpected turn has prompted speculation about whether other coins, namely Dogecoin and Dogen, could follow suit.

Shiba Inu: Bullish Signals and Key Resistance

Shiba Inu currently trades within a range of $0.00001330-$0.00001541, indicating potential for further growth. Bulls are eyeing the $0.00001630 resistance level. Recent price action indicates a climb of over 8% in the past week, despite a slight dip of 5.55% over the past month. However, technical indicators suggest a shift towards bullish momentum. If the uptrend persists, SHIB could reach the next resistance at $0.00001841, a potential gain of approximately 20%. Trading volume remains above average, while RSI and Stochastic indicators indicate room for further buying activity.

Dogecoin: Gearing Up for a Potential Surge

Dogecoin is trading between $0.10 and $0.11. Recent fluctuations suggest that bears may not be fully in control. With a resistance level at $0.12, Dogecoin appears poised for an upward push. If this level is breached, the next hurdle is around $0.13, representing over 15% upside potential. The modest gain observed over the past week hints at a growing bullish sentiment. Both short and long-term moving averages align, indicating stability ahead of a potential rally. Despite a decline in recent months, optimists view this period as a foundation for growth, setting the stage for significant gains during the upcoming altcoin season.

DOGEN: Meme Coin for the Elite

Dogen is a meme coin that aims to provide the ultimate lifestyle for those who demand the best in life. Its team aims to build a thriving community of individuals who strive for excellence. DOGEN offers exclusive perks and campaigns, especially for early adopters. The token boasts a multi-level referral program that rewards users for bringing in new members.

Conclusion

While Shiba Inu and Dogecoin have shown limited immediate growth potential, attention is shifting towards DOGEN as a token that caters to those seeking the finer things in life. DOGEN embodies luxury and success, attracting those eager to dominate the market. With an anticipated growth of 700% by the end of its presale, this token may offer impressive returns. Following the footsteps of successful meme coins such as BONK, WIF, and Popcat, DOGEN has the potential to reach new heights. Its focus on community building and exclusive benefits may redefine success during the current altcoin season.