Dogecoin Price Pumps 6% After Elon Musk Mentions DOGE Department On Joe Rogan Podcast, But Experts Say Consider This Rival Meme Coin For Massive Gains

The
Dogecoin
price


pumped

more
than
6%
in
the
last
24
hours
to
trade
at
$0.1622
as
of
11:24
p.m.
EST.

The
pump
came
after
Elon
Musk
mentioned
DOGE
during
an
interview
on
the
Joe
Rogan
podcast,
referring
to
the
acronym
for
the
Department
of
Government
Efficiency
(DOGE)
that
he
might
head
if
Donald
Trump
is
elected
president.
Such
references
have
often
triggered
spikes
in
the
Dogecoin
price.

Dogecoin
Price
About
To
Challenge
Resistance

4-hour
chart
for
DOGE/USD
(Source:


GeckoTerminal)

The
Dogecoin
price
has
been
in
a
positive
sequence
on
the
4-hour
chart
in
the
last
24
hours,
and
is
now
attempting
to
overcome
the
resistance
level
at
$0.1680.
A
4-hour
candle
close
above
this
threshold
within
the
next
12
hours
could
give
the
leading


meme
coin

the
foundation
needed
to
rise
to
as
high
as
$0.1921
in
the
short
term.

On
the
other
hand,
bears
preventing
DOGE
from
breaking
above
$0.1680
within
the
next
12
hours
could
bring
an
end
to
the
crypto’s
positive
momentum.
This
could
instead
put
the
Dogecoin
price
at
risk
of
testing
the
closest
support
level
at
$0.1440.
Extreme
sell
pressure
in
this
alternative
case
might
even
lead
to
DOGE
plunging
to
as
low
as
$0.1211.

Technicals
Point
To
A
Continued
Rise
For
The
Dogecoin
Price

From
a
technical
perspective,
indicators
on
DOGE’s
4-hour
chart
suggest
the
meme
coin
might
continue
to
climb
in
the
coming
24
hours.
More
specifically,
both
the
Moving
Average
Convergence
Divergence
(MACD)
and
the
Relative
Strength
Index
(RSI)
indicators
are
flashing
bullish. 

Firstly,
the
MACD
line
crossed
above
the
MACD
Signal
line
through
the
course
of
the
last
trading
day,
with
the
gap
between
the
two
lines
growing
as
well.
Traders
usually
see
this
crossover
as
an
indication
that
a
crypto
has
entered
a
positive
trend. 

Meanwhile,
RSI
readings
rose
higher
than
50
in
the
last
24
hours
to
suggest
buyers
have
taken
control
of
the
Dogecoin
price.
With
the
positive
slope
of
the
RSI
line,
it
also
seems
bulls
show
no
signs
of
easing
their
pressure
on
the
meme
coin’s
price
any
time
soon.

With
technical
indicators
flashing
bullish
for
meme
coin
leader
DOGE,
now
might
be
a
good
time
for
the
crypto’s
backers
to
rotate
some
profits
into


Memebet
Casino
(MEMEBET
Token),
which
is
the
first
online
casino
that
allows
direct
wagering
in
meme
coins.

Giving
Meme
Coin
Investors
An
Opportunity
To
Win
Big 

Memebet
Token
is
a
pioneering
online
casino
project
that
lets
investors
wager
directly
with
their
meme
coin
bags,
giving
them
the
opportunity
to
win
big
without
having
to
swap
their
meme
coins
for
more
widely-accepted
cryptos
and
tokens.

Along
with
DOGE,
players
will
also
be
able
to
gamble
with
other
big-name
meme
coins,
including
Pepe,
on
the
platform.

Memebet
Token
offers
its
platform’s
users
a
wide
variety
of
games
to
potentially
grow
their
meme
coin
holdings
in
a
fun
and
engaging
way.
This
includes
a
no
KYC
Telegram
casino,
a
global
sportsbook,
as
well
as
1,000s
of
other
crypto-native
games.

In
addition
to
offering
users
the
chance
to
win
big,
the
project
will
also
be
launching
lootboxes
soon,
which
will
grant
holders
access
to
“the
most
degen
assortment
of
real
world
prizes,”
according
to
the
Memebet
Token
website.

Experts
and
analysts
also
believe
MEMEBET
Token
has
immense
speculative
potential.
One
such
expert
is
popular
YouTuber
ClayBro,
who
told
his
more
than
130K
subscribers
that
early
investors
could
see
massive
gains
once
the
token
launches.

Investors
Take
A
Bet
On
MEMEBET
Token’s
Future

Investors
have
sent
more
than
$564K
to
MEMEBET
Token’s
ongoing
ICO,
signaling
strong
confidence
in
the
project’s
future.
With
the
potential
to
earn
substantial
rewards
and
the
bullish
predictions
by
experts
like
ClayBro,
it’s
easy
to
see
why
investors
are
excited
about
the
meme
coin.

Anyone
can
get
in
on
the
ground
stage
of
the
project
using
either
bank
card
or
crypto.
The
available
crypto
payment
options
include
ETH,
USDT,
BNB
and
POLY.

MEMEBET
Token
is
currently
selling
for
$0.0264,
but
investors
will
want
to
act
fast
as
the
token’s
price
is
scheduled
to
increase
with
each
subsequent
stage
of
its
presale.
There
are
just
3
days
left
until
the
next
price
hike.

Purchase
MEMEBET
on
its
official
website
here.

Related
Articles: