Dogecoin Price Prediction: As The Shiba Inu DOGE Dog Kabosu Dies, This 2.0 DOGE Gets Ready For Launch After $15M ICO – Reincarnation?

The
Dogecoin
price


dropped

over
3%
in
the
last
24
hours
to
trade
at
$0.1633
as
of
8:00
a.m.
EST
as
investors
sell
off
their
holdings
in
the
meme
coin.

The
slump
in
the
DOGE
price
follows
the
news
that
Kabosu,
the
Shiba
Inu
dog
featured
in
the
crypto’s
logo,
passed
away
peacefully
today
at
the
age
of
about
18.
Many
in
the
crypto
space
have
paid
tribute
to
Kabosu
for
the
influential
role
she
played
in
the
formation
of
the
meme
coin
sector.

Today
Kabosu,
our
community’s
shared
friend
and
inspiration,
peacefully
passed
in
the
arms
of
her
person.
The
impact
this
one
dog
has
made
across
the
world
is
immeasurable.

She
was
a
being
who
knew
only
happiness
and
limitless
love.

Please
keep
her
spirit
and
her
family
in…

—
Dogecoin
(@dogecoin)

May
24,
2024

The
Dogecoin
Price
Enters
A
Consolidation
Phase

4-hour
chart
for
DOGE/USD
(Source:


GeckoTerminal)

The


Dogecoin

price
has
dropped
into
a
short-term
consolidation
channel
between
$0.1542
and
$0.1639.
This
sideways
trading
could
be
an
accumulation
period
before
a
strong
move
to
the
upside.
A
break
above
the
$0.1639
barrier
might
be
an
early
indication
of
this
potential
surge.

DOGE
closing
a
4-hour
candle
higher
than
$0.1639
within
the
next
12
hours
could
give
the
meme
coin
the
foundation
needed
to
keep
rising
in
the
following
24
hours.
The
Dogecoin
price
might
then
attempt
to
flip
the
$0.1723
barrier
into
support
before
potentially
climbing
higher.

On
the
other
hand,


DOGE

dropping
below
$0.1542
in
the
next
12
hours
could
invalidate
the
bullish
thesis.
Traders
might
enter
into
short
positions
if
the
Dogecoin
price
loses
this
key
support.
DOGE
could
subsequently
drop
to
the
next
technical
safety
net
at
$0.1458
in
the
short
term.

Technicals
Suggest
That
The
Dogecoin
Price
Could
Go
Either
Way

Technical
indicators
on
DOGE’s
4-hour
chart
show
no
clear
indication
of
which
direction
the
Dogecoin
price
will
move
in
the
next
few
hours.
However,
they
are
skewed
slightly
towards
bearish,
which
could
indicate
the
Dogecoin
price
stands
the
risk
of
correcting
in
the
next
24
hours.

The
Relative
Strength
Index
(RSI)
on
DOGE’s
4-hour
chart
currently
stands
at
49.77.
Traders
usually
see
an
RSi
value
of
50
as
a
sign
that
a
crypto’s
price
could
go
either
way.
Although
the
meme
coin’s
upside
and
downside
potential
are
almost
equal,
the
RSI
value
below
50
suggests
a
slight
bearish
undertone.

Meanwhile,
the
Moving
Average
Convergence
Divergence
on
DOGE’s
4-hour
chart
shows
that
the
altcoin
currently
finds
itself
in
a
bearish
trend.
This
is
evident
by
the
MACD
line’s
positioning
below
the
MACD
Signal
line.

Both
of
these
technical
indicators
suggest
that
bears
have
a
minor
advantage
over
bulls.
This
could
change,
however,
if
buyers
identify
DOGE’s
current
level
as
a
long
opportunity.

While
the
crypto
community
pays
tribute
to
a
meme
legend,
investors
are
rushing
to
buy


Dogeverse

(DOGVERSE)
as
the
presale
meme
coin
gets
ready
to
launch.
Is
it
reincarnation
or
just
a
coincidence? 

A
Meme
Coin
With
Unmatched
Utility

Dogeverse
is
a
meme
coin
like
no
other,
because
it
is
the
first
light-hearted
crypto
to
reside
on
multiple
blockchain
networks.
This
gives
the
dog-themed
meme
coin
a
major
edge
over
its
competitors,
allowing
its
investors
to
seamlessly
transfer
value
across
blockchains.

In
addition
to
being
able
to
easily
move
value
between
numerous
networks,
Dogeverse
investors
are
also
able
to
participate
in
high-yield
generating
DeFi
opportunities
on
highly-liquid
and
active
chains
including
Avalanche,
Polygon,
BNB
Chain,
Ethereum,
Solana
and
even
Base. 

DOGEVERSE’s
powerful
cross-chain
capabilities
have
caught
the
attention
of
crypto
YouTuber
Jacob
Bury.
In
a
recent
video,
he
told
his
39.1K
subscribers
that
the
meme
coin
could
be
the
next
100X
opportunity.

Presale
Coming
To
An
End
Soon

Over
$15
million
has
been
sent
to
Dogeverse’s
presale,
and
now
investors
have
less
than
nine
days
left
to
buy
before
it
closes.

Anyone
looking
to
buy
the
meme
coin
at
this
early
stage
will
have
until
Jun.
3,
10
a.m.
UTC.
Claims
will
then
go
live
two
days
later.
To
purchase
the
altcoin,
buyers
can
make
use
of
the
simple
widget
on
the
project’s
website.

Get
ready
to
blast
off
with
Cosmo!
????????

⏳

#Presale
ends
on
June
3rd
at
10
AM
UTC!

????
Claim
launches
on
June
5th
at
10
AM
UTC!

This
is
your
LAST
CHANCE
to
join
Cosmo
on
his

#Blockchain
adventures
before
the
official
launch!
????

Don’t
miss
out!
The
clock
is
ticking!
????…

pic.twitter.com/QwpzWcm947

—
DogeVerse
(@The_DogeVerse)

May
23,
2024

Selling
for
$0.00031,
SOL,
AVAX,
ETH,
BNB,
MATIC
and
BASE
can
be
used
to
acquire
the
token.
Alternatively,
investors
can
buy
the
meme
coin
using
USDT
or
a
bank
card.

Investors
might
want
to
use
ETH
for
purchases
because
this
will
allow
them
to
stake
their
newly-bought
tokens
for
the
51%
APY
staking
opportunity
available
on
the
Ethereum
blockchain.

Purchase
and
stake
DOGEVERSE
here
for
up
to
51%
in
annual
rewards.

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