Dogecoin Price Jumps 3% After Trump-Musk Interview And As Experts Say This DOGE 2.0 Might 10X

The
Dogecoin
price
rose
3%
in
the
last
24
hours


to
trade
at
$0.106

as
of
03:34
a.m.
EST
on
trading
volume
that
soared
28%
to
$817
million.

This
comes
after
Trump’s
interview
with
Elon
Musk,
where
Polymarket
bettors
at
one
point
gave
an
over
60%
chance
of
Trump
mentioning
digital
assets
during
the
interview,
but
he
did
not.  

The
interview
mostly
covered
a
variety
of
topics,
including
illegal
immigration,
the
economy,
AI,
and
global
warming.

Dogecoin
Price
Aims
For
A
Continued
Rally

The
Dogecoin
price
has
been
in
a
sustained
rally
since
Aug.
5,
rising
through
an
ascending
channel
from
$0.0878,
according
to
data
from


GeckoTerminal.

The
bulls
now
aim
to
push
the
price
of

Dogecoin
above
the
channel,
as
it
now
trades
above
the
50
Simple
Moving
Average
(SMA)
on
the
4-hour
chart.
If
the
momentum
continues,
DOGE
could
eventually
surpass
the
200
SMA
at
$0.1169.

Moreover,
the
Relative
Strength
Index
(RSI)
trades
within
the
50-midline
level,
an
indication
that
the
price
of
Dogecoin
is
currently
trading
in
equilibrium,
aiming
for
a
bullish
rally.

The
Moving
Average
Convergence
Divergence
(MACD)
is
also
bullish
as
it
climbs
above
the
zero
line.
The
blue
MACD
line
recently
crossed
above
the
orange
signal
line,
resulting
in
a
bullish
crossover.

A
bullish
crossover
encourages
optimistic
investors
to
buy
more,
which
could
push
the
price
of
Dogecoin
above
the
rising
channel
pattern.
If
the
bullish
momentum
continues,
the
bulls
could
push
Dogecoin
higher,
potentially
targeting
$0.138.

However,
if
the
bears
take
charge
of
the
price
at
this
stage,
DOGE
could
plunge
back
to
the
$0.095
support
level.

As
the

Dogecoin
price
soars,
investors
are
also
buying
the
new
Dogecoin
alternative


PlayDoge
(PLAY),
as
analysts
say
it
could
skyrocket
after
its
launch.

According
to
an
analyst
from
99Bitcoins,
a
prominent
YouTube
channel
with
over
706K
subscribers,
PLAY
can
potentially
surge
10X
after
its
launch. 

PlayDoge
ICO
Zooms
Past
$6
Million
–
Best
Alternative
To
Buy
Now?

PlayDoge,
a
play-to-earn
(P2E)
meme
coin,
is
off
to
a
strong
start,
blasting
past
the
$6
million
milestone
in
its
presale.

The
project
stands
out
as
it
combines
two
popular
themes:
meme
coins
and
gaming,
particularly
90s
gaming.

Don’t
ghost
your

#Doge
or
it’ll
die
????

Feed
your
Doge,
earn
rewards,
and
level
up.
No
mazes,
just
fun!#Presale
has
launched!
????#PlayDoge

#P2E

#Memecoin

pic.twitter.com/Fp2sFwycpj

—
PlayDoge
(@PlayDogeGame)

May
31,
2024

PlayDoge
combines
the
iconic
Doge
meme
with
the
beloved
Tamagotchi
game
from
the
90s,
creating
a
fun
virtual
gaming
experience
where
players
play
to
earn
the
game’s
native
PLAY
token.

With
the
P2E
mechanics
employed
by
the
project,
players
will
be
able
to
earn
rewards
by
caring
for
their
pets
and
taking
them
on
adventurous
journeys.

Apart
from
the
P2E
rewards,
token
holders
can
also
earn
passively
by

staking
PLAY

for
77%
annual
rewards.

You
can
buy
PLAY
tokens
for
$0.00528
each.
With
a
price
hike
coming
in
about
3
hours,
don’t
wait
around
too
long
if
you
want
to
lock
in
the
best
deal.

Purchase
PLAY
from
the
official
website
here

using
BNB,
USDT,
or
a
bank
card.

Related
News