The price of Dogecoin (DOGE) has jumped by 2.5% in the past 24 hours, rising to $0.063922 as the cryptocurrency market as a whole gains by 3.5% today.

This move has enabled DOGE to reenter the top 10 of cryptocurrencies by market cap, with the meme token also up by 5% in a week, while remaning up by only 0.5% in the last 30 days.

Given just how oversold DOGE had been in recent weeks, today's rise may be the start of a sustained new rally, with a recovery in market sentiment (as we enter the last three months of the year) helping to push the meme coin up higher in the next few weeks.

Dogecoin Price Prediction as DOGE Becomes Top 10 Crypto in the World – Is $1 DOGE Possible in 2023?

As with most other major tokens, DOGE is showing plenty of momentum right now, with its indicator becoming more bullish after weeks of overselling.

In particular, DOGE's relative strength index (purple) has climbed from under 40 a few days ago to 60 today, and it's looking very likely that it will continue climbing in the coming days, as the coin's price rises higher.

At the same time, DOGE's 30-day moving average (yellow) has flattened out and now looks like it will begin climbing again, with the indicator still having plenty of space left to rise towards the 200-day average (blue) until the coin becomes overbought.

Capping off the positive picture is the fact that DOGE's support level (green) has shot up in the past couple of days, suggesting that it had truly hit a bottom after weeks of decline.

There's fundamental reason as to why DOGE has rallied today, with the main cause simply being the fact that the entire market has rallied after a couple of bad months.

Bitcoin has led the charge, while a number of other altcoins have risen by higher percentages than DOGE, which has had relatively modest gain by comparison with others.

Still, DOGE had been due to rebound, and it's likely that today's positive reversal could be the beginning of a more sustained recovery, helped on by a gradual improvement in economic data.

As for whether DOGE can outperform other major tokens, this question will depend on if and when X (formerly Twitter) will ever introduce cryptocurrency – and particularly DOGE – payments.

There's no real indication that this will happen anytime soon, but with X forging ahead with its obtaining of money transmitter licences, it's clear that the social media company wants to move into digital finance.

And if DOGE is added in one way or another to X, then it would undoubtedly skyrocket, potentially hitting $0.10 in a matter of days, before moving back up towards $0.3 or higher.

New Altcoins With Higher Potential

Because DOGE is almost entirely reliant on Elon Musk and/or X for its gains, many traders may prefer to expand their portfolios into other altcoins and meme tokens, with a number of presale coins looking especially promising at the moment.

One of the most interesting new tokens in the market right now is Meme Kombat (MK), an Ethereum-based gaming platform where users will place bets on AI-generated fights between well-known meme characters.

Opened only a couple of weeks ago, Meme Kombat's presale has already raised over $200,000, providing some indication of the enthusiastic response to the new project from the wider cryptocurrency community.

What sets Meme Kombat apart from the crowd of new altcoins is its unique mix of battle gaming and gambling, with users rewarded in the form of MK tokens whenver they correctly bet on a certain outcome in the platform's AI-powered meme battles.

As a token, MK will have a very limited supply of only 12 million, making it a very deflationary cryptocurrency in the long run.

Aside from using it to bet on battles, users will also be able to stake the token, earning them a passive income.

50% of the token's overall supply has been reserved for the presale, while another 30% is going towards staking and battle rewards.

Meme Kombat has also held 10% of its supply for community rewards, thereby providing its followers with an incentive for engaging with the platform and championing it to other investors.

New buyers can join the sale by visiting the official Meme Kombat website, where 1 MK token costs $1.667.

It will sell at this price for the entirety of the sale, although it could easily rise much higher once the exciting new token lists 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：TradingView 狗狗幣（DOGE）的價格在過去 24 小時內上漲了 2.5%，上漲至 0.063922 美元，今天整個加密貨幣市場上漲了 3.5%。此舉使 DOGE 重新進入加密貨幣市場前 10 名。上限，meme 代幣在一周內也上漲了5%，而在過去30 天內僅上漲了0.5%。考慮到DOGE 最近幾週的超賣程度，今天的上漲可能是持續新一輪反彈的開始，隨著市場情緒的復甦（當我們進入今年的最後三個月時），有助於在接下來的幾週內推高meme 幣。隨著DOGE 成為世界十大加密貨幣，狗狗幣價格預測 – 1 美元DOGE 是可能的2023 年？與大多數其他主要代幣一樣，DOGE 目前表現出充足的動力，其指標在經過數週的超賣後變得更加看漲。來源：TradingView 特別是，DOGE 的相對強弱指數（紫色）幾天內已從40 以下攀升前至今天的60，隨著代幣價格上漲，未來幾天它很可能會繼續攀升。與此同時，DOGE 的30 天移動平均線（黃色）已經趨於平緩，現在看起來會再次開始攀升，該指標仍有足夠的空間上升至 200 日均線（藍色），直到代幣變得超買。最積極的一面是 DOGE 的支撐位（綠色）在過去幾天，這表明它在經歷了幾週的下跌後，確實已經觸底。DOGE今天上漲有根本原因，主要原因是整個市場在經歷了幾個月的糟糕表現後出現了反彈。比特幣處於領先地位，而許多其他山寨幣的漲幅高於DOGE，與其他貨幣相比，DOGE 的漲幅相對較小。不過，DOGE 一直在反彈，今天的積極逆轉很可能是在經濟數據逐步改善的幫助下，開始了更持續的復甦。至於DOGE 是否能夠超越其他主要代幣，這個問題將取決於X（前身為Twitter）是否以及何時引入加密貨幣（尤其是DOGE）支付沒有真正的跡象表明這會很快發生，但隨著X 不斷取得貨幣傳輸許可證，很明顯這家社群媒體公司希望進入數位金融領域。如果DOGE 以某種方式添加到X，那麼它無疑會飆升，可能在幾天內達到0.10 美元，然後回升至0.3 美元或更高。具有更高潛力的新山寨幣因為DOGE 幾乎完全依賴埃隆馬斯克和/或X 來獲取收益，許多交易者可能會更願意將其投資組合擴展到其他山寨幣和Meme 代幣，其中一些預售代幣目前看起來特別有前途。目前市場上最有趣的新代幣之一是Meme Kombat (MK)，一個基於以太坊的遊戲平台用戶可以對AI 生成的知名Meme 角色之間的戰鬥進行投注。Meme Kombat 僅在幾週前開放，其預售已籌集超過20 萬美元，這表明了更廣泛的加密貨幣社區對新項目的熱烈反響Meme Kombat 與眾多新山寨幣的區別在於其獨特的戰鬥遊戲和賭博組合，只要用戶在平台AI 驅動的Meme 戰鬥中正確押注於某個結果，他們就會以MK 代幣的形式獲得獎勵。 MK 的供應量非常有限，只有1200 萬枚，從長遠來看，它是一種通縮性很強的加密貨幣。除了用它來投注戰鬥之外，用戶還可以抵押該代幣，獲得被動收入。代幣總供應量的50% 已預留用於預售，另外30% 用於質押和戰鬥獎勵。 Meme Kombat 還持有10% 的供應量用於社區獎勵，從而為其追隨者提供參與的激勵新買家可以通過訪問Meme Kombat 官方網站加入銷售，其中1 個MK 代幣售價為1.667 美元。在整個銷售過程中，它將以此價格出售，儘管它很容易漲得更高一旦令人興奮的新代幣在交易所上市。立即存取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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