Dogecoin Price Prediction: DOGE Plunges 5%, But This Vote-To-Earn Meme Coin ICO Roars Toward $6 Million
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The
Dogecoin
price
plunged
5%
in
the
last
24
hours
to
trade
at
$0.4394
as
of
3.40
a.m.
EST
on
trading
volume
that
plummeted
28%
to
$7
billion.
The
crypto
industry’s
first
meme
coin
saw
its
price
fluctuate
quite
a
bit
lately,
but
over
the
past
five
days
DOGE
has
been
following
a
bullish
overall
trend
that
took
it
from
$0.40
to
$0.48.
But,
with
the
start
of
the
new
week,
the
coin
saw
a
price
correction
that
took
it
down
to
$0.43,
which
is
where
it
sits
at
the
time
of
writing.
Right
now,
most
major
cryptos
are
trading
in
the
red,
which
includes
Dogecoin.
However,
this
is
likely
not
going
to
be
the
case
for
long,
as
there
are
signs
that
a
recovery
might
be
coming
in
the
near
future.
Dogecoin
Price
Prediction
The
Dogecoin
price
saw
a
rather
sharp
fall
after
previously
seeing
a
steady
climb
to
the
resistance
at
$0.48.
This
could
mean
that
the
coin’s
growth
was
healthy,
but
the
decline
was
too
sudden,
leaving
it
undervalued.
As
a
result,
it
is
possible
for
Dogecoin
to
see
a
price
recovery
in
its
pursuit
of
stability.
The
project’s
Bollinger
bands
have
also
seen
a
major
widening
over
the
last
10
hours
or
so,
since
the
decline
originally
started.
Wide
bands
are
typically
a
good
sign,
although
in
this
situation,
the
price
was
stuck
to
the
lower
band,
pushing
it
down,
which
is
a
bearish
sign.
On
the
other
hand,
there
is
the
project’s
Relative
Strength
Index
(RSI)
value,
which
spent
several
hours
yesterday
fluctuating
around
the
value
of
50,
mostly
going
between
40
and
60.
Then,
about
10
hours
prior
to
the
time
of
writing,
it
spiraled
down
toward
the
oversold
zone.
Since
then,
it
returned
to
fluctuations
between
35
and
45,
until
it
finally
dropped
to
30
only
four
hours
ago.
The
traders
reacted
immediately,
buying
the
dip
and
increasing
the
RSI
value
back
to
42,
but
with
the
bears
still
dominating
the
market,
many
used
the
opportunity
to
sell
DOGE
again.
The
RSI
dropped
right
back
to
30,
which
is
where
it
sits
at
the
time
of
writing.
This
time,
however,
it
appears
that
the
traders
are
more
hesitant
to
start
buying,
likely
waiting
on
Bitcoin
to
make
the
first
move
and
signal
that
a
recovery
is
starting
before
purchasing
DOGE.
This
opens
an
opportunity
for
those
looking
to
get
DOGE
at
a
lower
price,
as
the
coin
is
likely
to
see
a
sharp
recovery
—
it
just
needs
to
wait
for
the
right
market
conditions
first.
Promising
Alternative
To
Dogecoin
For
those
who
don’t
want
to
wait
for
DOGE
to
start
recovering,
there
are
always
promising
new
meme
coins
to
buy,
especially
if
you
manage
to
catch
them
while
they
are
still
in
presale.
One
of
them
is
Flockerz
(FLOCK),
a
new
meme
coin
that
has
introduced
a
revolutionary
new
model
called
Vote-To-Earn.
As
the
name
of
the
model
suggests,
the
project
has
created
a
way
to
incentivize
users
to
engage
in
the
voting
process
by
rewarding
them
for
participation.
This
way,
Flockerz
will
ensure
high
participation
in
project
governance,
while
its
users
are
rewarded
for
voting
with
a
certain
amount
of
FLOCK
tokens,
which
they
can
then
increase
further
by
staking
them
for
a
huge
485%
annual
return.
????
The
Flocks
on
Fire!
????5
million
ways
to
say
The
Flock’s
on
top!
What
a
massive
milestone,
it
couldn’t
have
happened
without
every
member
of
the
flock
putting
out
the
good
word!To
the
Top!
With
The
Flock!
????????
pic.twitter.com/89co1o8qkT—
Flockerz
(@FlockerzToken)
December
7,
2024
The
project
has
created
a
well-thought-out
system
designed
to
increase
investors’
holdings,
and
all
it
asks
in
return
is
regular
attendance
and
participation
in
the
voting
process.
Many
view
this
as
an
excellent
deal,
and
also
something
that
makes
FLOCK
a
real
gem
among
cryptos.
Crypto
YouTuber
ClayBro,
who
has
133k
subscribers,
said
in
a
recent
video
that
FLOCK
could
explode
in
an
upcoming
meme
coin
super
cycle.
FLOCK
tokens
are
on
sale
for
just
$0.0062995
each.
If
you
would
like
to
join
investors
who
have
socked
more
than
$5.39
million
into
the
project,
buy
before
a
price
hike
in
less
than
35
hours.
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