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.}

资料来源：TradingViewDogecoin 在过去 24 小时内基本持平，当前价格为 0.061189 美元，较过去一周下跌 1%。这意味着它仍低于 50 天指数移动平均线（即 0.0635 美元），这是一个迹象Meme 代币正在努力恢复势头，目前正处于超卖状态。DOGE 在过去 30 天内下跌了 4%，在过去一年中也下跌了 6%，这一事实证实了这一点，该代币正在努力寻找足够的资金利好消息提振其价格。但由于一些分析师预计到年底整个市场都会上涨，而且 DOGE 也满怀希望地等待 Twitter 付款，该代币很容易在不久的将来再次上涨。狗狗币价格预测为 DOGE尝试攀升至 50 日均线上方 – 动能能否恢复？ DOGE 的图表目前看起来仍然非常不乐观，即使其超卖状态通常意味着即将到来的反弹。来源：TradingView 其中之一，DOGE 的相对强弱指数（紫色）已经过去一个半月一直低于 50 甚至 40，目前仍接近 40，这表明买家似乎仍然对低价收购不感兴趣。同样，其 50 天 EMA (黄色）继续进一步跌破 200 日均线（蓝色），再加上当前价格低于两者的事实，意味着动能和支撑严重丧失。事实上，DOGE 的支撑位（绿色）已经在 200 日小幅下跌过去一个月左右的时间，这意味着它在短期和中期可能实际上还没有结束下跌。因此，代币可能在接下来的几天内跌破 0.060 美元，并且可能会进一步下跌，除非更广泛的市场变得更进一步积极而活跃。目前 DOGE 的问题是它缺乏任何积极的叙述，没有近期的利好消息值得注意，也没有新的进展。因此，市场很难对这种代币感到兴奋，这似乎几乎完全依赖于与 X（以前的 Twitter）整合的可能性来实现任何向上的发展。虽然埃隆·马斯克对 DOGE 的热爱意味着永远不能排除 X 上的狗狗币支付，但这可能需要很长时间因此，只要更广泛的加密货币市场仍处于相对低迷状态，DOGE 就可能会继续下滑，目前这种低迷是由债券收益率上升造成的（这使得股票和投机性资产吸引力较差）。Meme 代币可能会跌至 0.0550 美元左右，然后再次回升，年底回归到更加看涨的状况，可能会将其拉回 0.070 美元。具有高潜力交易者的新 Meme 代币可能更愿意暂时将 DOGE 放在一边，而关注更具有跑赢市场收益潜力的新 Meme 代币。当然，很难选择哪些新 Meme 代币可能会成功，但衡量这一点的一种方法是着眼于预售，筹集大量资金的代币可能会在未来拥有更多的追随者。Meme Kombat（MK）是一种符合这一特征的新代币，它是一个新的游戏平台，为用户提供通过人工智能投注获得奖励的机会- 产生 meme 战斗。该平台的预售已经筹集了超过 325,000 美元，这令人印象深刻，因为销售才开始几周。这表明投资者已经被 Meme Kombat 的主要功能所吸引，即它将使用人工智能在 Meme 角色之间生成战斗，用户可以对其进行下注。用户可以通过质押平台的原生代币 MK 来实现这一点，MK 也将用于支付成功下注的奖励。并且考虑到 Meme Kombat 是基于以太坊区块链，投注将使用智能合约进行，从而使支付透明且即时。鉴于 Meme 币在 2023 年的流行程度，一个承诺举办 Meme 战斗的平台可能会吸引大量兴趣，正如暗示的那样作为代币，MK 的硬上限为 1200 万，其中 50% 用于预售，另外 30% 用于战斗和质押奖励。这种分配应该确保高水平Meme Kombat 的社区参与度很高，投资者可以通过访问其官方网站并连接钱包来参与预售。1 MK 整个销售的费用为 1.667 美元，一旦筹集到 1000 万美元，销售就会结束，届时这个有前途的新代币将在交易所上市。立即访问 Meme Kombat 免责声明：加密货币是一种高风险资产类别。本文仅供参考，不构成投资建议。您可能会损失所有资本。

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