Dogecoin Price Prediction: DOGE Plunges 7% As Investors Flock To Meme Coin Rival Pepe Unchained Offering A Last Chance To Buy

The
Dogecoin
price
plunged
7%
in
the
last
24
hours


to
trade
at
$0.3670

as
of
01:31
a.m.
EST
on
trading
volume
that
plummeted
30%
to
$15.6
billion.

Dogecoin
Price
On
A
Sustained
Bullish
Trend

The

Dogecoin
price
has
been
in
a
significant
uptrend
recently,
with
a
sharp
rise
in
mid-to-late
October
and
into
November.
The
trend
is
clear
from
the
steep
ascent
in
price
of
Dogecoin
above
both
the
50-day
(yellow
line)
and
200-day
(red
line)
Simple
Moving
Averages
(SMAs)
on
the
4-hour
chart,
according
to
data
from

GeckoTerminal.
This
signals
strong
bullish
momentum
in
the
short
to
medium
term.

Moreover,
the
Relative
Strength
Index
(RSI)
is
currently
around
the
mid-range,
close
to
54,
which
suggests
that
there
is
no
immediate
overbought
or
oversold
condition.
This
level
of
RSI
indicates
a
cooling
off
period
after
what
was
likely
an
overbought
condition
during
the
rapid
price
increase.

The
RSI
cooling
off
while
the
price
remains
high
could
indicate
consolidation
before
the
next
move.

If
the
Dogecoin
price
sustains
the
bullish
trend,

DOGE
could
soar
even
higher,
as
the
bulls
target
the
next
resistance
at
$0.70.

However,
immediate
support
might
be
around
the
50
SMA
at
$0.2930.
If
the
price
dips
towards
this
level,
it
may
offer
a
point
for
potential
buying
interest,
but
a
break
below
could
indicate
a
stronger
pullback.

Meanwhile,
investors
are
going
all-in
on
a
new
alternative,


Pepe
Unchained
(PEPU),
which
aims
to
emulate
and
surpass
the
success
of
its
predecessor,
PEPE.

According
to
99Bitcoins,
a
leading
crypto
YouTube
channel
with
more
than
706K
followers,
Pepe
Unchained
(PEPU)
could
be
the
next
meme
coin
to
deliver
100X
returns.

Pepe
Unchained
(PEPU)
Presale
Hits
New
Heights,
Surpasses
$30.7
Million

Pepe
Unchained
stands
apart
from
other
PEPE
derivatives
as
a
layer-2
(L2)
project,
offering
superior
transaction
speeds
and
significantly
lower
fees
than
the
original
Pepe
(PEPE),
which
operates
on
Ethereum’s
slower
and
more
expensive
layer-1
network.

November
kicked
off
with
impressive
momentum
for
the
project,
raising
a
total
of
$30.7
million
in
presale
funds,
including
$1.9
million
in
the
last
two
days
alone,
as
it
races
towards
the
$31
million
target.

The
team
recently
introduced
a
countdown
timer
for
the
project’s
presale,
indicating
that
the
Pepe
Unchained
presale
will
end
in
under
28
days,
followed
by
listings
on
tier-1
exchanges.

As
its
name
suggests,
Pepe
Unchained
is
designed
to
free,
or
”unchain,”
the
OG
PEPE
from
its
clunky,
inefficient
home
on
Ethereum.

Who
needs
some
Brain
Powder?

Pepe
is
gearing
up
for
the
official
launch
of
his
very
own
blockchain!
????

pic.twitter.com/kZC72UmxFy

—
Pepe
Unchained
(@pepe_unchained)

June
20,
2024

 

Pepe
Unchained
provides
a
seamless
and
efficient
user
experience,
making
it
a
strong
contender
in
the
meme
coin
space.

Pepe
Unchained
is
also
actively
fostering
innovation
with
the
recent
launch
of
a
developer
grant.
The
project’s
website
now
features
a
portal
where
developers
can
apply
for
grants
to
build
on
its
L2
chain.
The
goal
is
to
create
new
dApps
and
leverage
the
project’s
technology
for
faster
and
more
cost-efficient
transactions.

WE
JUST
HIT
$20M
RAISED!

And
with
this
milestone,
we
have
another
major
project
update
to
share
with
our
incredible
community!

pic.twitter.com/z9xlqZ2dAV

—
Pepe
Unchained
(@pepe_unchained)

October
16,
2024

Pepe
Unchained
also
introduces
a
staking
platform,
offering
token
holders
the
opportunity
to
earn
an
impressive
84%
annually.

The
current
price
of
PEPU
is
$0.01283.
Investors
eager
to
join
one
of
the
most
successful
presales
of
the
year
should
do
so
before
the
ICO
comes
to
an
end.

Buy
PEPU
tokens
on
the
official
website
here

with
ETH,
USDT,
or
a
credit
card.

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