Dogecoin Price has risen 8% in the last 24 hours,strike $0.223 Whale activity increases and momentum accumulates throughout the meme coin space.
Doge is awake now 8.5% per week, 30% of the past monthand is large 123% over the past yearshowing strong long-term strength that continues to exceed expectations.
Technical analysis suggests that Doge may be sitting on A very beginning of a big breakoutas bullish sentiment returns to the market, it could push towards a new all-time high.
The setup is now in the broader crypto rally gaining speed and Dogecoin still leads the memecoin story Very bullish long-term dogcoin price forecast – Something that even the most optimistic owners can surprise.
Dogecoin Price Prediction: The biggest whale purchase since 2024 – Is this a smart money signal?
Analyst Ali Martinez has recently seen a significant increase in whale accumulation, with large investors accumulating 1 billion Doges up to 24 hours (Wednesday) until August 6th.
In fact, Martinez followed up on this post early this morning, indicating that the whales still bought 230 million hours of dogs.
This is very bullish for Doge. Because even if there are some big purchases at the beginning of the week, whales still have a desire for meme tokens.
It benefits from today’s market-wide gatherings. This appears to have continued from yesterday’s news that Ripple had acquired Stablecoin Platform Rail for $200 million.
The news is clearly directly related to Ripple and XRP only, but was the main catalyst for today’s rally following the aggressive surge in XRP.
Therefore, demand is overall high, including demand for Dogecoin.
As the chart shows, the indicator is rapidly rising from the level sold, touching today’s relative strength index (yellow) at 70.
That MACD (orange, blue) has only recently been around, but the indicators have been over-bought and have more space before entering the position.
This is extremely encouraging for Dogecoin. Dogecoin has doubled trading volumes in the past few days, just over $1 billion to $2 billion.
And some analysts are projecting a major medium-term and long-term drive, suggesting Ali Martinez is trading yesterday in a “historically strong buying zone.”
Therefore, Dogecoin’s price could reach $0.30 by the end of the month and rise to $1 by the end of the year.
Is this a meme coin that overtakes Dogecoin?
meanwhile Dogecoin It is expected to rise alongside the wider market. This will rarely become the best meme token in the coming months.
Given the already large size, new meme coins are much more likely to bring about great benefits, especially Play Token Enter the first stage of growth.
That’s why many traders look to early stage opportunities like Maxi Doge (Maxi)recently launched ERC-20 token ICO And it quickly gains momentum.
Maxi Doge has already raised nearly $500,000 In that previous sale, despite launching just a week ago, there are signs of strong momentum building around the project.
Fully embraced the identity of that meme coin, Maxi Doge creates a high energy community for traders It helps to drive its growth through engagement, competition and shared beliefs.
Project’s Telegram and mismatch channels It serves as a hub for trading challenges and competition. Here, holders can earn rewards by staying active and outperforming others.
This gaming approach aims to attract communities, attract new traders, and build enduring demand for tokens.
The key part of the project’s growth strategy is Maxi Fundhold it 25% of total supply (15.024 billion maxi). It is used to increase liquidity, form partnerships and support the long-term expansion of tokens.
This gives Maxi Doge the possibility to become one of the biggest new Meme Coins of the year, allowing investors to take part in its pre-sale on its official website.
Maxi is currently on sale for $0.000251, but this will rise in two days and continue to increase regularly across sales.
Click here to join the pre-sale
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