Dogecoin has remained largely flat in the past 24 hours, with its current price of $0.061189 representing a 1% drop in the past week.

This means it remains below its 50-day exponential moving average (which stands at $0.0635), a sign that the meme token is struggling to regain momentum and is currently being oversold.

This is confirmed by the fact that DOGE is also 4% down in the last 30 days and also 6% down in the past year, with the token struggling to find enough positive news to boost its price.

But with some analysts expecting a market-wide rally towards the end of the year, and with DOGE also waiting hopefully on Twitter payments, the token could easily rise again in the near future.

Dogecoin Price Prediction as DOGE Attempts to Climb Above 50-day EMA – Can Momentum Be Regained?

DOGE's chart continues to look very unpromising at the moment, even if its oversold status would normally imply an incoming rebound.

For one, DOGE's relative strength index (purple) has been below 50 – or even 40 – for the last month and a half, and it currently remains close to 40, in a sign that buyers still don't seem interested in acquiring some on the cheap.

Likewise, its 50-day EMA (yellow) continues to fall further below its 200-day average (blue), which in combination with the fact that current price is below both would imply a serious loss of momentum and support.

Indeed, DOGE's support level (green) has inched downwards over the past month or so, meaning that it may not have actually finished dropping in the short- and medium-term.

The coin could therefore sink below $0.060 in the next few days, and potentially drop even further unless the wider market becomes a little more positive and buoyant.

The problem with DOGE at the moment is that it lacks any positive narrative, with no recent bullish news to note and no new developments.

As such, the market is having a hard time trying to get excited about the coin, which seems to be relying almost solely on the possibility of integration with X (formerly Twitter) for any upwards movement.

And while Elon Musk's love for DOGE means that Dogecoin payments on X can never be ruled out, it's likely that it would take a long time for such a thing to happen, if it ever does.

For this reason, DOGE is likely to continue sliding for as long as the wider cryptocurrency market remains in a relative slump, which is currently being caused by rising bond yields (which makes stocks and more speculative assets less attractive).

The meme token is likely to fall to $0.0550 or thereabouts before picking up again, with a return to more bullish conditions at the end of the year potentially lifting it back up to $0.070.

New Meme Tokens With High Potential

Traders may prefer to leave DOGE aside for the time being and look at newer meme tokens with more potential for market-beating gains.

Of course, it can be hard to pick which new meme coins are likely to be successful, yet one way of gauging this is to look at presales, with tokens that raise substantial amounts likely to have a larger following going forward.

One new coin that fits this profile is Meme Kombat (MK), a new gaming platform that offers users the chance to earn rewards betting on AI-generated meme battles.

The platform's presale has already raised over $325,000, which is impressive in that the sale has been open for only a couple of weeks.

This suggests that investors are already being won over by Meme Kombat's primary feature, which is that it will use artificial intelligence to generate battles between meme characters, which users can place bets on.

Users can do this by staking the platform's native token, MK, which will also be used to pay out rewards for successful bets.

And given that Meme Kombat is based on the Ethereum blockchain, bets will be made using smart contracts, making payouts transparent and instant.

Given just how popular meme coins have been in 2023, a platform which promises to stage meme battles is likely to attract plenty of interest, as hinted at by the presale's success in raising money.

As a token, MK will have a hard cap of 12 million, with 50% of this supply going to the presale and another 30% going towards battle and staking rewards.

This distribution should ensure a high level of community involvement with Meme Kombat, with investors able to join the presale by visiting its official website and connecting their wallets.

1 MK will cost $1.667 for the entire sale, which will end once it raises $10 million, at which point the promising new token will list on exchanges.

Visit Meme Kombat Now

^{Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.}

資料來源：TradingViewDogecoin 在過去 24 小時內基本持平，當前價格為 0.061189 美元，較過去一周下跌 1%。這意味著它仍低於 50 天指數移動平均線（即 0.0635 美元），這是一個跡象Meme 代幣正在努力恢復勢頭，目前正處於超賣狀態。DOGE 在過去30 天內下跌了4%，在過去一年中也下跌了6%，這一事實證實了這一點，該代幣正在努力尋找足夠的資金利好消息提振其價格。但由於一些分析師預計到年底整個市場都會上漲，而且 DOGE 也滿懷希望地等待 Twitter 付款，該代幣很容易在不久的將來再次上漲。狗狗幣價格預測為 DOGE試著攀升至50 日均線上方 – 動能能否恢復？DOGE 的圖表目前看起來仍然非常不樂觀，即使其超賣狀態通常意味著即將到來的反彈。來源：TradingView 其中之一，DOGE 的相對強弱指數（紫色）已經過去一個半月一直低於 50 甚至 40，目前仍接近 40，這表明買家似乎仍然對低價收購不感興趣。同樣，其 50 天 EMA (黃色）繼續進一步跌破200 日均線（藍顏色），再加上當前價格低於兩者的事實，意味著動能和支撐嚴重喪失。事實上，DOGE 的支撐位（綠色）已經在200 日小幅下跌過去一個月左右的時間，這意味著它在短期和中期可能實際上還沒有結束下跌。因此，代幣可能在接下來的幾天內跌破0.060 美元，並且可能會進一步下跌，除非更廣泛的市場變得更多一點積極而活躍。目前DOGE 的問題是它缺乏任何積極的敘述，沒有近期的利好消息值得注意，也沒有新的進展。因此，市場很難對這種代幣感到興奮，這似乎幾乎完全依賴於與X（以前的Twitter ）整合的可能性來實現任何向上的發展。雖然馬斯克對DOGE 的熱愛意味著永遠不能排除X 上的狗狗幣支付，但這可能需要很長時間因此，只要更廣泛的加密貨幣市場仍處於相對低迷狀態，DOGE 就可能會繼續下滑，目前這種低迷是由債券收益率上升造成的（這使得股票和投機性資產吸引力較差）。Meme 代幣可能會跌至0.0550 美元左右，然後再次回升，年底回歸到更加看漲的狀況，可能會將其拉回0.070 美元。具有高潛力交易者的新Meme 代幣可能更願意暫時將DOGE 放在一邊，而關注更具有跑贏市場收益潛力的新Meme 代幣。當然，很難選擇哪些新Meme 代幣可能會成功，但衡量這一點的一種方法是著眼於預售，籌集大量資金的代幣可能會在未來擁有更多的追隨s.Meme Kombat（MK）是一種符合這一特徵的新代幣，它是一個新的遊戲平台，為用戶提供通過人工智能投注獲得獎勵的機會該平台的預售已經籌集了超過325,000 美元，這令人印象深刻，因為銷售才開始幾週。這表明投資者已經被Meme Kombat 的主要功能所吸引，即它將使用人工智能在Meme 角色之間生成戰鬥，用戶可以對其進行下注。用戶可以透過質押平台的原生代幣MK 來實現這一點，MK 也將用於支付成功下注的獎勵。並且考慮到Meme Kombat 是基於以太坊區塊鏈，投注將使用智能合約進行，從而使支付透明且即時。鑑於Meme 幣在2023 年的流行程度，一個承諾舉辦Meme 戰鬥的平台可能會吸引大量興趣，正如暗示的那樣作為代幣，MK 的硬上限為1200 萬，其中50% 用於預售，另外30% 用於戰鬥和質押獎勵。這種分配應該確保高水平Meme Kombat 的社區參與度很高，投資者可以通過訪問其官方網站並連接錢包來參與預售。1 MK 整個銷售的費用為1.667 美元，一旦籌集到1000 萬美元，銷售就會結束，屆時這個有前途的新代幣將在交易所上市。立即訪問 Meme Kombat 免責聲明：加密貨幣是一種高風險資產類別。本文僅供參考，不構成投資建議。您可能會損失所有資本。

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