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The Dogecoin worth plunged 7% within the final 24 hours to commerce at $0.3670 as of 01:31 a.m. EST on buying and selling quantity that plummeted 30% to $15.6 billion.
Dogecoin Value On A Sustained Bullish Pattern
The Dogecoin worth has been in a major uptrend just lately, with a pointy rise in mid-to-late October and into November. The development is evident from the steep ascent in worth of Dogecoin above each the 50-day (yellow line) and 200-day (pink line) Easy Shifting Averages (SMAs) on the 4-hour chart, in response to knowledge from GeckoTerminal. This alerts sturdy bullish momentum within the brief to medium time period.
Furthermore, the Relative Energy Index (RSI) is at present across the mid-range, near 54, which means that there isn’t a rapid overbought or oversold situation. This degree of RSI signifies a cooling off interval after what was doubtless an overbought situation throughout the fast worth enhance.
The RSI cooling off whereas the worth stays excessive may point out consolidation earlier than the following transfer.
If the Dogecoin worth sustains the bullish development, DOGE may soar even greater, because the bulls goal the following resistance at $0.70.
Nevertheless, rapid assist could be across the 50 SMA at $0.2930. If the worth dips in direction of this degree, it could provide some extent for potential shopping for curiosity, however a break beneath may point out a stronger pullback.
In the meantime, buyers are going all-in on a brand new various, Pepe Unchained (PEPU), which goals to emulate and surpass the success of its predecessor, PEPE.
In line with 99Bitcoins, a number one crypto YouTube channel with greater than 706K followers, Pepe Unchained (PEPU) might be the following meme coin to ship 100X returns.
Pepe Unchained (PEPU) Presale Hits New Heights, Surpasses $30.7 Million
Pepe Unchained stands other than different PEPE derivatives as a layer-2 (L2) undertaking, providing superior transaction speeds and considerably decrease charges than the unique Pepe (PEPE), which operates on Ethereum’s slower and dearer layer-1 community.
November kicked off with spectacular momentum for the undertaking, elevating a complete of $30.7 million in presale funds, together with $1.9 million within the final two days alone, because it races in direction of the $31 million goal.
The group just lately launched a countdown timer for the undertaking’s presale, indicating that the Pepe Unchained presale will finish in underneath 28 days, adopted by listings on tier-1 exchanges.
As its title suggests, Pepe Unchained is designed to free, or ”unchain,” the OG PEPE from its clunky, inefficient residence on Ethereum.
Who wants some Mind Powder?
Pepe is gearing up for the official launch of his very personal blockchain! 🚀 pic.twitter.com/kZC72UmxFy
— Pepe Unchained (@pepe_unchained) June 20, 2024
Pepe Unchained gives a seamless and environment friendly person expertise, making it a powerful contender within the meme coin area.
Pepe Unchained can be actively fostering innovation with the current launch of a developer grant. The undertaking’s web site now incorporates a portal the place builders can apply for grants to construct on its L2 chain. The aim is to create new dApps and leverage the undertaking’s know-how for sooner and extra cost-efficient transactions.
WE JUST HIT $20M RAISED!
And with this milestone, we’ve one other main undertaking replace to share with our unimaginable neighborhood! pic.twitter.com/z9xlqZ2dAV
— Pepe Unchained (@pepe_unchained) October 16, 2024
Pepe Unchained additionally introduces a staking platform, providing token holders the chance to earn a powerful 84% yearly.
The present worth of PEPU is $0.01283. Traders keen to affix one of the crucial profitable presales of the yr ought to accomplish that earlier than the ICO involves an finish.
Purchase PEPU tokens on the official web site right here with ETH, USDT, or a bank card.
Associated Information:
Most Searched Crypto Launch – Pepe Unchained
- Layer 2 Meme Coin Ecosystem
- Featured in Cointelegraph
- SolidProof & Coinsult Audited
- Staking Rewards – pepeunchained.com
- $10+ Million Raised at ICO – Ends Quickly
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