Department Of Government Efficiency Price Prediction: As DOGE Plunges 15%, This Cat-Themed Token Soars 123% In A Week

The
Department
of
Government
Efficiency
price
plunged
15%
in
the
last
24
hours
to
trade
at
$0.2095
as
of
06:25
a.m.
EST
on
trading
volume
that
surged
37%
to
$17.4
million,
according
to
CoinGecko.

Department
Of
Government
Efficiency
Price
Gearing
Up
Towards
A
Bullish
Trend
Reversal

The
Department
of
Government
Efficiency
price,
towards
mid-November,
jumped
to
its
all-time
high
(ATH)
price
at
around
$0.61019.
However,
the
bulls
could
not
sustain
the
rally,
which
pushed


the
price
of
Department
of
Government
Efficiency

to
go
through
a
correction.

The
bears
have
managed
to
push
DOGE
price
down
to
trade
within
the
confines
of
the
falling
wedge
pattern.
However,
the
trendlines
seem
to
be
merging,
which
may
suggest
that
there
may
be
a
breakout
in
the
coming
days.

Meanwhile,
as
a
result
of
the
price
falling
from
the
upper
boundary
of
the
wedge,
DOGE
now
trades
below
the
50-day
Simple
Moving
Average
(SMA).

The
Relative
Strength
index
also
supports
the
bearish
trend
in
the
recent
days,
as
it
drops
towards
the
30-oversold
region,
currently
at
34,
which
shows
that
the
price
of
Department
of
Government
Efficiency
is
under
intense
selling
pressure.

If
the
current
price
sustains
and
the
bears
continue
pushing
the
price
down,
DOGE
could
retrace
further
below
the
lower
boundary
of
the
falling
wedge,
as
$0.14
acts
as
a
cushion
against
downward
pressure.

DOGE/USDT
Chart
Analysis
(Source:
Tradingview)

However,
as
a
result
of
the
asset
now
being
oversold,
with
the
RSI
dropping
further
below
to
the
30-oversold
region,
the
Department
of
Government
Efficiency
could
soar,
surpassing
the
immediate
resistance
at
$0.277
(50-day
SMA),
as
the
bulls
target
the
$0.45
next
resistance
level.

Meanwhile,
investors
are
rallying
behind


Catslap
($SLAP),
a
new
cat-themed
meme
coin
that
exploded
after
launch
on
the
Ethereum
network.
Analysts
from
the
renowned
YouTube
channel
99Bitcoins,
with
over
709K
subscribers,
are
wondering
if
it’s
the
next
$MOG
and
predict
it
could
100X.

Catslap
Soars
123%
In
A
Week
After
MEXC
Exchange
Listing

Designed
to
capture
the
attention
of
meme
enthusiasts
and
gamers
alike,
Catslap
combines
addictive
gameplay
with
crypto
innovation
through
its
interactive
“Slapometer”
feature.

Its
slapping
game
comes
with
a
$100k
slap-to-earn
prize
pool.
The
addictive
game
has
spurred
massive
engagement
across
its
growing
community
with
429
million
slaps
unleashed
across
the
world.

With
a
rumored
connection
to
the
creators
of
other
top
meme
coins,
Catslap
appears
well-positioned
to
follow
the
success
of
tokens
like
Popcat,
MEW,
and
MOG. 

The
$SLAP
price
surged
123%
in
the
last
week
to
trade
at
$0.006827
as
of
06:55
a.m.
EST
after
its
listing
on
the
MEXC
centralized
exchange
on
December
6,
according
to


CoinGecko

data. Catslap
already
has
a
fully
diluted
market
capitalization
of
$59
million. 

Its
partnership
with


Best
Wallet,
a
fast-growing
crypto
wallet,
connects
it
to
over
60,000
users,
boosting
visibility
and
momentum.

We
be
cooking.
Staking
now
live,
all
website
buys
will
be
staked
for
7
days
at
40%
APY.
Early
unlock
by
burning
????????

pic.twitter.com/ZIUK9pd3sZ

—
Catslap
(@CatSlapToken)

November
21,
2024

Investors
can
also
earn
passively
with
the
project’s
staking
mechanism,
which
offers
a
stellar
40%
annual
percentage
yield
(APY).

You
can
purchase
SLAP
Token
from
its
official
website
here.

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