Dogecoin Price Prediction: As DOGE Pumps 40% In A Week And Dogecoin Futures Near, Traders Flock To Doge20 For Parabolic Gains

The
Dogecoin
price
has
pumped
by
40%
over
the
last
seven
days
as
the
meme
coin
traded
at


$0.2121

as
of
6:51
p.m.
EST.

One
driver
of
the
surge
is
purchases
by
whales,
who
bought
1.4
billion
DOGE
worth
approximately
$280
million
over
the
past
two
weeks,
says
prominent
analyst
Ali
Martinez
on
X.

#Dogecoin
whales
have
purchased
1.40
billion

$DOGE
over
the
past
two
weeks,
worth
around
$280
million!

pic.twitter.com/zswuyRpuLG

—
Ali
(@ali_charts)

March
29,
2024

Dogecoin
Price
Prediction

The
Dogecoin
price
shows
a
clear
uptrend
within
a
linear
regression
channel
(LinReg
100
close
2
2).
As
of
the
last
candlestick
on
the
chart,
the
price
seems
to
be
hovering
near
the
support
line,
suggesting
a
potential
bounce
or
a
risk
of
breaking
down
if
the
support
fails.

The
Relative
Strength
Index
(RSI
14
close)
is
around
50,
which
is
neutral.
This
indicates
that
the
market
is
not
overbought
or
oversold,
allowing
for
possible
price
movements
downwards
as
the
RSI
moves
south,
showing
building
bearishness
on
the
meme
coin.

The
Average
Daily
Range
(ADR_B
9)
is
shown
to
be
0.50,
likely
indicating
a
0.50
cent
range
on
average,
which
suggests
moderate
volatility.
On
the
other
hand,
the
Relative
Strength
Index
(RSI)
indicator,
currently
at
50,
is
also
headed
toward
the
oversold
region,
showing
mounting
bearishness.

Looking
at


stats
from
IntoTheBlock,
we
see
that
most
holders
are
profiting
at
the
current
Dogecoin
price,
with
89%
‘In
the
Money’.
However,
the
concentration
by
large
holders
is
quite
high
at
64%,
which
could
suggest
a
vulnerability
to
price
manipulation
or
significant
price
swings
if
large
holders
decide
to
sell.

2-hour
DOGE/USDT
Chart
|
Source:


TradingView

The
‘Signals’
section
shows
a
‘Mostly
Bearish’
sentiment,
and
the
‘Onchain
Signals’
indicate
bearish
tendencies
with
0.08%
bearish
net
network
growth
and
a
0.47%
decrease
in
concentration.
However,
the
‘In
the
Money’
transactions
are
neutral
at
0.48%.

Exchange
signals
provide
a
slightly
more
optimistic
outlook
with
a
bullish
bid-ask
volume
imbalance
of
2.84%,
even
though
the
‘Smart
Price’
metric
is
neutral
at
-0.01%.
The
‘Financial’
metrics
reveal
that
large
transactions
have
declined,
indicated
by
a
2.89%
neutral
change.
The
flow
of
funds
into
and
out
of
exchanges
is
relatively
balanced,
with
inflows
of
$367.9
million
and
outflows
of
$308.97
million
over
the
past
7
days.

According
to
these
stats,
Dogecoin
is
showing
a
mix
of
bearish
and
neutral
signals
with
a
slight
inclination
toward
bearish
sentiment
in
the
short
term.
Should
the
Dogecoin
price
break
below
the
Linear
Regression
channel,
corrections
will
follow
suit
as
holders
will
sell
for
profits.

Meanwhile,
as
meme
coin
lovers
count
their
Dogecoin
profits,
the


Dogecoin20
presale
has

sold
out
in
less
than
two
weeks
after
raising
$10
million.
The
developer
has
extended
the
presale
to
give
investors
one
last
chance
to
buy.

Dogecoin
Price
Prediction:
A
Good
Substitute
For
DOGE?

DOGE20
is
an
upgraded
version
of
Dogecoin
that
is
an
environmentally
friendly
meme
coin
based
on
Ethereum’s
Proof
of
Stake
(PoS)
network.
The
project
says
it
will
strive
to
“Do
Only
Good
Everyday,”
just
like
the
original
Dogecoin
manifesto.

Analysts
predict
this
Dogecoin
derivative,
which
draws
inspiration
from
Shiba
Inu,
may
well
outshine
meme
coin
titans
Dogecoin
and
Shiba
Inu. 

????

#DOGE20
isn’t
just
another
Shiba
Inu-inspired
derivative.

Upholding
Dogecoin’s
ethos
to
Do
Only
Good
Everyday,
it
offers
passive
rewards
through
on-chain
staking.
????????

Embracing
a
greener,
more
sustainable
future
with
the
most
widely
loved

#Memecoin
in
the
world!
????

pic.twitter.com/zqlONodRPB

—
Dogecoin20
(@DOGE_COIN20)

March
14,
2024

One
of
the
most
notable
upgrades
is
DOGE20’s
staking
option,
which
offers
holders
annual
returns
of
76%. 

Exciting
News
for

#DOGE20
Community!
????

We’re
thrilled
to
announce
the
$DOGE20
Claim
date!
????

Save
the
date:
April
20,
2024
–
INTERNATIONAL
DOGE
DAY!
????
We’ve
strategically
chosen
this
iconic
day
to
celebrate
the
spirit
of

#DOGE20
with
our
amazing
community.

pic.twitter.com/GxVaOyOInl

—
Dogecoin20
(@DOGE_COIN20)

March
26,
2024

YouTuber
and
cryptocurrency
analyst
Jacob
Bury
ranks
Dogecoin20
as
one
of
the
top
meme
coins
to
buy
now,
and
says
it
has
100X
potential
on
launch.

Now
is
a
great
time
to
buy
DOGE20
as
next
week
there’s
likely
to
be
a
boost
for
the
Dogecoin
ecosystem
when
Coinbase
launches

DOGE
futures.

DOGE20
tokens
are
priced
at
$0.00022.
You
can
buy
them
using
a
bank
card
or
by
exchanging
ETH,
BNB,
or
USDT
tokens.

Visit
the
official
website
here.

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