DOGE koers herstelt met 10% na bullish breakout – kan Dogecoin 1 euro worden?

by

Dogecoin (DOGE) has slightly increased compared to yesterday. Over the past 24 hours, it has risen by 0.6%, reaching a price of $0.353 after peaking at $0.364 today. With a breakout and a 10% surge since Monday, Dogecoin might be on the verge of a massive rally.

Is it possible that the leading meme coin could regain momentum and reach a new all-time high in the first quarter? In this article, we’ll explore whether DOGE is primed for a comeback. Not only is it receiving interest from investors, but it may also receive additional support from Elon Musk.

Keert de DOGE hype terug en kan Dogecoin 1 euro worden?

By the end of 2024, Elon Musk’s activities surrounding Dogecoin have significantly decreased. However, this situation might change. On January 20th, Donald Trump takes office in the U.S., granting Elon Musk the freedom to make adjustments within the American system.

In this context, Musk leverages his Department of Government Efficiency (D.O.G.E). If he manages to reduce bureaucracy in the U.S. and improve inefficient systems, Dogecoin could indirectly benefit from this. This is independent of the attention that the entire crypto market might receive following Donald Trump’s inauguration on the 20th. In simpler terms, Musk utilizes his Department of Government Efficiency (D.O.G.E) to potentially improve bureaucracy and inefficient systems in the U.S., which could positively impact Dogecoin. The attention the crypto market may receive due to Trump’s inauguration is unrelated to this situation.

“SpaceX is going to put a literal Dogecoin on the literal moon.”

一 Elon Musk

— DogeDesigner (@cb_doge) January 14, 2025

Elon Musk may pull new tricks involving Dogecoin in 2025, and that remains a surprise. In some sense, Elon Musk’s support is crucial for the meme coin sector as Donald Trump mainly boosts Bitcoin. However, a significant rise in Bitcoin doesn’t necessarily mean that meme coins will explode, though it could potentially happen.

As Bitcoin continues to rise and triggers FOMO (Fear of Missing Out), profits will be made. These profits could realistically be invested in smaller cryptocurrencies, as they tend to increase faster than Bitcoin. In this case, Dogecoin is likely to appear on the radar quickly.

Dogecoin koers verwachting

Yesterday, the Dogecoin price once again asserted a significant support level around $0.34. The 30-day moving average (yellow) may now halt any further declines and help Dogecoin prepare for another rise.

The next significant resistances are approximately at $0.395, followed by $0.414 and the peak of $0.467 for December. A breakout above these levels would be enough to push towards a new annual high above $0.48. However, the price would need to increase by about 100% from here to reach a new all-time high above $0.738.

For Dogecoin to reach a new all-time high, it might need a push from the broader market. Perhaps this boost could come only weeks after Trump becomes the President of the United States.

The Relative Strength Index (RSI) of 50 indicates that the momentum is neutral, suggesting that Dogecoin could potentially rise from here on both sides. However, as long as cryptocurrency continues to perform well this week, it’s expected that the Dogecoin price will continue to climb further.

The lack of hype makes it difficult for a breakout above resistance levels ($0.40 – $0.48), so we might need to wait for its return before considering the known meme coin again. In the best-case scenario, DOGE ends this week around 40 cents.

Veelbelovende alternatieven voor Dogecoin

Dogecoin is the original meme coin, which means it’s quite well-known compared to other meme coins. This relative stability comes at a cost, though. Newer, more volatile meme coins have the potential for explosive growth in value, while even in the most extreme scenarios, DOGE might only increase by up to 10 times.

Smaller meme coins may potentially reach greater heights, but they carry more risk as well. However, this also means that you need to invest less capital for a chance at high returns. In this article, we will explore three alternative meme coins that can still be purchased at a fixed low price during the presale.

Wall Street Pepe ($WEPE)

As a researcher, I’m currently intrigued by the buzz surrounding Wall Street Pepe ($WEPE), one of the most sought-after meme coins in presales. This presale has amassed an impressive $48.5 million and boasts over 34k followers on X. It’s not just a meme coin that could explode due to speculation; it’s also a way to secure access to an exclusive community, making it more than just a potential investment opportunity.

Within this community, you can converse with various level traders, but also gain access to elite trading signals. These trading insights may bring a significant surprise, potentially yielding much additional profit during the bull run.

Grinding. Stacking. Focused on the green.

— Wall Street Pepe (@WEPEToken) January 14, 2025

Today’s presale for the $WEPE offers a chance to buy at a low price of $0.00036648 per token, before its price increases this Friday. By purchasing during the presale, you also have an opportunity to stake your $WEPE tokens and earn a 26% Annual Percentage Yield (APY). If the token value surges after the presale, that high APY could make a significant difference.

Nu naar Wall Street Pepe

Mind of Pepe ($MIND)

Today as a crypto investor, I’m excited to share that Pepe Mind ($MIND) presents an early investment opportunity in the presale of a new AI project. The presale is live this week, meaning you can still purchase $MIND at a very low price. However, don’t wait too long as the project has already raised its first million dollars.

The AI agent from Mind of Pepe quickly gathers information from social media to determine sentiment and predict which altcoin will explode. This exclusive insights are shared only with $MIND token holders, and when the AI Agent becomes bold enough to launch its own tokens, the holders are notified first.

Today, $MIND is still available for purchase at a price of $0.0031134 per unit and offers an opportunity for early investors to stake. Staking rewards are currently quite high with an annual percentage yield (APY) of 1759%, but this is rapidly decreasing due to the increasing number of investors choosing to stake.

Nu naar Mind of Pepe

Meme Index ($MEMEX)

Are you unsure which meme coin is the best and tired of constantly searching for individual coins? If so, the new Decentralized Meme Index ($MEMEX) might be interesting to you. It provides a simple exposure to the meme coin sector, depending on how much risk you’re willing to take.

As a researcher, I would select from various indices, each with their unique risks and rewards. Holding the $MEMEX token grants you access to these indices, thereby eliminating the need to search for coins with potential explosive growth. The advantage of this index is that when a project fails, the rest of the index remains stable. However, if the entire meme sector rises, so does the index along with it.

Investing in the Meme Index today is quite profitable as $MEMEX is currently priced at $0.0152243 per unit, a price that has increased over the past 24 hours. After the token launch, you can choose from various meme indexes, including safer tokens like DOGE and new meme coins that could potentially increase by 100 times.

Nu naar Meme Index

Read More

2025-01-15 15:57