Department Of Government Efficiency Price Prediction: DOGE Pumps 40% As This Solana Meme Coin ICO Soars Past $4.5 Million

The
Department
of
Government
Efficiency
price
surged
40%
in
the
last
24
hours
to
trade
at
$0.1345
as
of
03:23
a.m.
EST
on
trading
volume
that
skyrocketed
123%
to
$13.6
million.

This
surge
comes
as
President-elect
Donald
Trump
said
he
has
not
”ceded”
the
presidency
to 
Elon
Musk.

Trump’s
remarks
follow
speculation
over
Musk’s
unprecedented
role
in
shaping
policy
and
his
potential
conflicts
of
interest
as
co-chair
of
the
new
Department
of
Government
Efficiency.

Department
Of
Government
Efficiency
Price
Aiming
For
A
Bullish
Trend
Reversal

The


DOGE
price

chart
analysis
on
the
4-hour
timeframe
reflects
recent
price
action
that
showcases
a
mixture
of
bearish
momentum
transitioning
into
potential
consolidation
or
reversal.
The
chart
demonstrates
a
clear
downtrend
since
mid-November,
evidenced
by
the
consistent
formation
of
lower
highs
and
lower
lows
within
a
falling
wedge
pattern
in
December.

However,
recent
price
action
near
$0.13
shows
a
potential
breakout
attempt
above
the
descending
trendline,
according
to


Geckoterminal

data,
signalling
a
possible
shift
in
momentum.

As
the
price
of
the
Department
of
Government
Efficiency
moves
towards
a
recovery,
it
has
breached
the
50-day
Simple
Moving
Average
(SMA),
as
it
aims
to
surge
to
the
200-day
SMA,
which
now
acts
as
the
immediate
resistance
at
$0.2127.

The
Relative
Strength
Index
(RSI)
is
hovering
around
57.74,
above
the
neutral
50
level.
This
suggests
improving
bullish
momentum,
as
the
RSI
has
exited
oversold
conditions
and
is
approaching
a
moderately
strong
zone.
A
further
move
above
60
could
strengthen
bullish
sentiment.

If
DOGE
price
manages
to
break
and
sustain
above
the
falling
wedge,
the
next
target
could
be
$0.15,
followed
by
a
potential
push
toward
the
$0.18–$0.20
resistance
zone.

Failure
to
sustain
above
the
$0.1313
level
(50-day
SMA)
and
a
rejection
near
the
channel’s
upper
boundary
could
lead
to
a
retest
of
the
$0.11
support
level.
A
breakdown
below
this
support
could
see
the
Department
of
Government
Efficiency
price
falling
to
new
lows
near
$0.10
or
$0.09.

As
investors
pile
into
the
Department
of
Government
Efficiency,
they
are
also
buying
the
new
Solana
rival


Solaxy
(SOLX),
which
99Bitcoins,
a
popular
crypto
channel
on
YouTube
with
over
719K
subscribers,
says
might
soar
100x
after
launch.

Solaxy
Presale
Surges
Past
$4.5
Million

The
Solaxy
token
presale
has
already
raised
over
$4.5
million
in
a
little
more
than
a
week.
Solaxy
is
building
a
Solana
Layer
2
protocol
that
bears
down
on
the
congestion
and
failed
transactions
impacting
the
performance
of
Solana,
one
of
the
largest
blockchains
in
the
industry. 

By
bridging
the
two
most
used
and
valuable
blockchains,
Solana
and
Ethereum,
Solaxy
leverages
the
best
of
both
worlds,
enhancing
the
speed
and
cost
advantage
of
Solana
and
the
liquidity
and
security
of
Ethereum. 

????
Solaxy
is
now
live
in
Upcoming
Tokens!
????@SOLAXYTOKEN
gives
holders
an
opportunity
to
join
the
first-ever
Solana
Layer
2
blockchain.

Solaxy
is
set
to
enhance
blockchain
innovation
through
limiting
congestion,
reducing
failed
transactions,
and
improving
scalability
on
SOL.…

pic.twitter.com/satNF6zFNF

—
Best
Wallet
(@BestWalletHQ)

December
17,
2024

The
native
token
of
the
Solaxy
network,
$SOLX,
is
multi-chain,
so
it
pulls
activity
and
buyers
from
both
the
Ethereum
and
Solana
chains
and
provides
a
path
of
entry
into
both
blockchain
ecosystems.

By
buying
and
holding
SOLX,
users
can
also
earn
passively
through
the
platform’s
staking
mechanism,
which
offers
a
sky-high
annual
yield
of
862%.

Investors
interested
in
participating
in
the
presale
can
visit
the
official
Solaxy
website
to
buy
SOLX
tokens
at
the
current
price
of
$0.001576
each
using
BNB,
ETH,
USDT,
or
a
bank
card.

Buy
before
a
price
hike
in
slightly
more
than
a
day
to
secure
the
best
deal.

Visit
SOLX
here.

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