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Dogwifhat has gained 30% in the past 24 hours and is trading at $3.02 as of 12:50 a.m. ET, making it the top gainer on CoinMarketCap.
Trading volume surged 12% to $662 million.
Dogwifhat price is expected to make a big bull run with a bull flag pattern that features an upward trend.
WIFUSDT analysis provided by Tradingview
WIF price is poised for a bull run as bulls continue to emerge inside the ascending triangle pattern. The bulls have terminated the bear trend at the $2.17 support level, indicating a regain of price control.
If the momentum continues, the bulls may push the price above the triangle, continuing the bull trend and starting another bull run.
Moreover, technical indicators support the momentum. The bulls have pushed the price above the 50 simple moving average on the 4-hour chart, confirming the bullish outlook.
The Relative Strength Index (RSI) showed a rebound above the 37 level and crossed the 50 midline level to reach 59, which suggests increasing buying pressure. If the bulls gain additional strength, the RSI has the potential to move into the overbought zone.
Dogwifhat price signals another bull run above the ascending triangle.
Dogwifhat price is bullish, with bulls aiming to increase the price by 49% to $5.22. If the momentum is strong enough, it can help bulls launch the price above its record high ATH and reach a new high of $5.22 in the coming weeks.
However, if the bearish momentum steps in, there are chances that the price will slide below the 50-day simple moving average and reach the lower boundary of the triangle at $2.48.
While WIF traders wait for the right entry point, investors are eyeing Dogecoin20 as the dog-themed memecoin successor to DOGE and SHIB.
Get ready for the ultimate DOGE upgrade!
We are steering @elonmusk's favorite #Memecoin towards a more sustainable future.
Explore opportunities to stake DOGE20 and earn environmental rewards.
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– Dogecoin20 (@DOGE_COIN20)
March 17, 2024
Dogecoin20 presale exceeds $1.92 million: The next memecoin sensation
Dogecoin20 presale exceeded $1.92 million in just three days.
DOGE20 is positioned as an upgraded version of the Dogecoin brand and the funds raised are close to the target of $2.34 million.
Elon Musk’s recent comments about Dogecoin eventually being able to be used to buy Tesla cars may have sparked some interest.
Enjoy 418% annualized yield on staking rewards
Inspired by the popular Shiba Inu memecoin, Dogecoin20 goes beyond other memecoins by integrating built-in staking rewards.
The project team has set aside 15% of the total supply as staking rewards.
Investors can earn an annual percentage yield (APY) of 418%. More than 6.6 billion DOGE20 tokens have been staked by early adopters.
#DOGE20 is not just another Shiba Inu memecoin derivative.
Adhering to Dogecoin’s philosophy of only doing good things every day, it provides passive rewards through on-chain staking.
Embrace a greener, more sustainable future with the world's most loved #Memecoin!
pic.twitter.com/zqlONodRPB
– Dogecoin20 (@DOGE_COIN20)
March 14, 2024
Cryptocurrency analyst and well-known YouTuber Jacob Bury listed Dogecoin20 as one of the best meme coins to invest in and said it could become the next Shiba Inu meme coin.
You can buy $DOGE20 at a price of $0.000164 per token, but if you are interested in buying within three days, act now.
Visit the official Dogecoin20 website and exchange your ETH and USDT for $DOGE20. You can also buy directly with a bank card.
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