Who Let The DOGE Out? Dogecoin Is Heading For Seismic Move – Here’s Why
Dogecoin (DOGE) has seen an important price surge recently, largely driven by renewed hype and influence from Elon Musk and his involvement with Trump and US election. Over the past seven days, the price of DOGE has risen by 21.69%, showcasing the strength of bullish momentum in the meme coin market.
Elon Musk, known as the ‘Dogefather’, has actively participated in the upcoming U.S. elections. His endorsement of Donald Trump and the possible re-election of Trump, has reignited interest in Dogecoin
, pushing its price up by 49.05% this past month and an impressive 150.10% over the last year.On October 28, Musk tweeted a Dogecoin meme, increasing the excitement that led DOGE’s price to hit a high of $0.1767. Doge is now retracing slightly, currently trading around $0.1706. The breakout move aligns with the overall positive momentum of the market, with Bitcoin’s climb above $72,000.
pic.twitter.com/y0UCd5NvMj
— Elon Musk (@elonmusk) October 28, 2024
Dogecoin Price Analysis: Bullish Momentum Amid Elon Musk Hype
( DOGEUSDT )
Technical analysis suggests that the next key resistance level for DOGE lies at $0.176. Breaking above this level could potentially start another rally.
On the downside, support remains at $0.0826, offering a strong buy zone if the price retraces.
The Relative Strength Index (RSI) is currently at 71, indicating that DOGE is approaching overbought levels, which suggests caution but also highlights strong bullish sentiment.
With the U.S. election just days away, Dogecoin’s bullish trend appears well-supported, especially as Musk continues to focus the public’s attention on DOGE.
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Pepe Unchained Presale: Get in Before It’s Too Late
With the crypto market on a bullish run and meme coins like Dogecoin leading the charge, it’s an ideal time to look for new opportunities. Pepe Unchained (PEPU) is gaining momentum as a promising choice for those aiming to maximize their returns. As Bitcoin reached $72k and DOGE continued its rally, PEPU has already raised more than $23 million in its presale.
PEPU distinguishes itself as a Layer-2 solution featuring low-cost transactions, instant transfers, and unique tools such as a DEX and an ETH bridge. The presale is attracting a lot of attention, and early investors still have a chance to buy at the price of 1 $PEPU = $0.01199. Do not forget the possibility of stake your tokens with a current APY of 98%.
We are FLOORED by the support for Pepe Unchained!
$23M is a huge achievement. We're building the future of meme coins, and can't do it without our incredible community. pic.twitter.com/Gvr01DV3TS
— Pepe Unchained (@pepe_unchained) October 28, 2024
Pepe Unchained has also started accepting applications for its developer grant program, ‘Frens With Benefits,’ which aims to bolster its ecosystem. If the project thrives, PEPU could become a standout token, thanks to new dApps built on its Layer-2 network. This could lead to significant price appreciation when PEPU officially launches.
With aspirations to become the next 100x meme coin, PEPU offers significant potential returns for presale investors. Don’t miss your chance to join this exciting journey, as Pepe Unchained aims to ride the current PolitiFi trend and meme coin bull run. Secure your PEPU tokens today and be part of this growth.
VISIT PEPU HERE
EXPLORE: MOG Crypto Pumps +12.5% As Big Cap Meme Coins Take Center Stage in Pre-Election Rally
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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