Dogecoin Price Prediction: DOGE Drops 4% As Bitwise Files For A Dogecoin ETF And This PEPE 2.0 Meme Coin Presale Heads For $58M Ahead Of Listing

The
Dogecoin
price
dropped
4%
in
the
last
24
hours
to
trade
at
$0.3510
as
of
02:32
a.m.
EST
on
trading
volume
that
plunged
65%
to
$2.7
billion.

This
comes
as
crypto
fund
manager
Bitwise
Asset
Management
officially
filed
for
a
DOGE
exchange-traded
fund
(ETF)
with
the
US
Securities
and
Exchange
Commission
(SEC).

????BREAKING:
Bitwise
files
Dogecoin

$DOGE
ETF.

pic.twitter.com/WxJOssCwwK

—
Crypto
Rover
(@rovercrc)

January
22,
2025

The
application
is
the
first
attempt
by
any
financial
institution
to
bring
a
DOGE-related
ETF
into
the
highly
regulated
US
market.

Dogecoin
Price
Poised
For
A
Bullish
Rally

The

DOGE
price


showcases
a
well-defined
uptrend
followed
by
a
consolidation
phase. 

The
major
bullish
momentum
began
in
late
October,
marked
by
a
sharp
price
rally
(indicated
by
the
green
arrow)
that
took
the
Dogecoin
price
from
the
support
near
the
200-day
Simple
Moving
Average
(SMA)
around
$0.21
to
a
high
of
approximately
$0.45. 

This
rally
demonstrated
strong
buying
pressure,
likely
fueled
by
high
trading
volume
during
that
period.

After
hitting
the
$0.465
resistance
level,
the
price
of
DOGE
entered
a
consolidation
phase,
oscillating
between
$0.30
and
$0.45,
according
to


GeckoTerminal

data. 

The
$0.30-$0.32
region
has
acted
as
a
key
demand
zone,
where
buyers
repeatedly
stepped
in
to
defend
against
further
downside. 

The
price
of
Dogecoin
has
recently
rejected
the
$0.45
resistance
and
is
now
trading
near
$0.35,
hinting
at
indecision
in
the
market.

Overall
the
DOGE
pattern
suggests
the
price
is
currently
in
a
sideways
consolidation
phase,
potentially
building
momentum
for
the
next
significant
price
move.

Meanwhile,
the
Relative
Strength
Index
(RSI)
is
currently
at
47.88,
indicating
neutral
momentum.
This
level
suggests
that
DOGE
is
neither
overbought
nor
oversold. 

If
the
RSI
starts
trending
above
50,
it
could
signal
renewed
buying
pressure,
while
a
dip
below
40
might
indicate
increased
bearish
control.

DOGE
Price
Prediction

The
Dogecoin
price
action
suggests
that
DOGE
is
at
a
pivotal
moment.
The
$0.30-$0.32
support
zone
is
critical;
as
long
as
the
price
remains
above
this
zone,
the
broader
bullish
trend
remains
intact.

A
successful
break
above
the
$0.3645
level
(50-day
SMA)
and
sustained
buying
pressure
could
push
the
price
back
toward
the
$0.45
resistance.
If
this
resistance
breaks,
the
price
of
Dogecoin
could
rally
toward
$0.50
or
even
higher.

On
the
flip
side,
if
the
price
breaks
below
the
$0.30
support,
a
retest
of
the
200-day
SMA
near
$0.21
could
happen,
which
could
attract
long-term
buyers.

As
the
DOGE
price
drops,
investors
are
piling
into
a
Pepe
alternative
presale
called


Wall
Street
Pepe
(WEPE).
Cryptonews,
a
popular
YouTube
channel
with
over
14.8k
subscribers,
says
WEPE
could
be
the
next
massive
degen
play.

Wall
Street
Pepe
Presale
Garners
Over
$57.3
Million—Last
Chance
To
Buy
Ahead
Of
Listing

The
Wall
Street
Pepe
presale
is
rapidly
approaching
$58
million
in
funds
raised.
Drawing
inspiration
from
the
iconic
Wall
Street
Bets
movement,
WEPE
embodies
the
same
retail
investor
spirit
that
fueled
the
GME
and
AMC
short
squeezes.

At
just
five
weeks
old,
the
project
has
already
announced
its
presale
end
date,
leaving
only
24
days
for
investors
to
act.
Whales
have
quickly
recognized
the
token’s
potential,
and
one
whale,
tracked
on
Etherscan,


invested
nearly
$500K

in
WEPE.

At
its
core,
the
project
thrives
on
a
community-driven
ethos,
which
resonates
strongly
with
both
retail
investors
and
degens.

Green
loaded.
Vibes
coded.
Join
the
ride.
????
⚔️

pic.twitter.com/Nfh6xy7GGD

—
Wall
Street
Pepe
(@WEPEToken)

January
21,
2025

The
project
offers
alpha
trading
signals,
simplifying
market
analysis
and
helping
small
traders
identify
opportunities
in
the
market.

The
WEPE
token
also
offers
a
passive
income
opportunity
through
its
staking
feature,
which
delivers
a
stellar
21%
annual
percentage
yield
(APY).

You
can

buy
WEPE
tokens
from
the
official
website
here

for
$0.0003665
using
ETH,
USDT,
or
a
bank
card. 

Buy
WEPE
before
the
presale
ends
in
slightly
more
than
24
days.

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