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Dogecoin Risks 30% Plunge While Dogen Builds Momentum for Explosive Growth

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By on October 18, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Dogecoin Risks 30% Plunge While Dogen Builds Momentum for Explosive Growth appeared first on Coinpedia Fintech News

A well-known meme-based cryptocurrency may soon face a sharp decline, while a new player is gaining momentum for potential rapid expansion. This article delves into the shifting dynamics of the crypto market, uncovers the reasons behind these trends, and reveals which digital coins are positioned for significant growth.

DOGEN: The Memetoken Aimed at Alpha Investors with High Growth Potential

Envision a lifestyle filled with luxury cars, substantial wealth, and a commanding presence — that’s the DOGEN ethos. 

For investors seeking to be ahead of the curve, DOGEN offers a unique opportunity in the meme-token space, designed for those with a winning mindset.

HODL Like a Beast, Dominate the Market

DOGEN’s trajectory suggests significant growth, with potential returns of up to 700% anticipated even before the presale concludes. Positioned within the rapidly growing memetoken sector, DOGEN aligns with trends driving the recent surges of tokens like WIF, Popcat, and BONK on the Solana blockchain, each of which has demonstrated gains exceeding 1000% at peak points.

Missed Out on WIF, Popcat, or Ponke?

Currently, DOGEN remains under the radar but is gaining traction with a structured airdrop campaign and a multi-level referral program. Early participants have the potential to earn substantial rewards, including a 20% share of Golden Points on token purchases through referrals.

As DOGEN prepares to enter a potential bull run, the token could present a strategic opportunity for those looking to leverage the memetoken market’s volatility and high-reward potential. For the investors who position themselves early, DOGEN might just be the next vehicle for substantial gains in the crypto world.

So what are you waiting for? Grab some DOGEN and dominate the crypto world!

DOGE Poised for a Breakout as Altcoin Season Approaches

DOGE has shown strong momentum, rising 14.37% in the past week and 23.15% over the month. Currently trading between $0.1039 and $0.1171, it’s nearing the resistance level at $0.123. A move above this could target the next resistance at $0.1362. The RSI is at 49.99, indicating neutral momentum, while the stochastic at 19.70 suggests it’s oversold and may bounce back. The 100-day SMA is $0.1169; crossing above this could signal further gains. With altcoin season on the horizon and a global crypto bull run anticipated, DOGE has the potential for significant growth in the coming weeks.

Conclusion

While DOGE and similar tokens show limited short-term potential, DOGEN is gaining momentum among those seeking luxury and success. Expected to grow 700% by the end of its presale, with potential for massive returns this altcoin season, DOGEN follows the path of successful tokens like BONK, WIF, and Popcat. With real benefits and a community of leaders, DOGEN aims for record-breaking success.

Site: https://dogen.meme/

Twitter: https://x.com/dogenmeme

Telegram: https://t.me/Dogen_Portal

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