Wieso sich keiner mehr mit der 1 US Dollar-Hürde befasst
It is by far the most famous and most valuable meme cryptocurrency: Dogecoin. Currently ranked seventh in the ranking of the largest cryptocurrencies by market capitalization, Dogecoin has been on a meteoric rise for years, although there have been some corrections. This is largely due to Elon Musk, who has publicly stated on many occasions that he is a fan of memecoins.
While the community initially pursued the plan that Dogecoin would be the first meme cryptocurrency to overcome the $1 barrier, interest in the plan appears to have been lost. But that’s not because Dogecoin no longer has hope of heading towards $1. This is because there are some predictions that place Dogecoin well above this standard set by the community.
Now major investors are also getting involved
The current price is $0.32. In the past 30 days, Dogecoin has had to deal with a 20% loss; the price has dropped by 16% in the past 7 days. In fact, the short-term price action doesn’t look promising. However, the price of Dogecoin has increased by more than 300% since January last year. Furthermore, the price of Meme coin is 55% lower than the all-time high of $0.73 set in May 2021.
Although the past few days have not been promising, Dogecoin only recently broke out of the ascending triangle. This is a technical formation that usually signals rising prices. Experts and analysts predict that the price may rise to $0.95 in the coming weeks.
The behavior of major investors will be decisive. These are the “whales”. Inflows from large investors have increased by more than 3,700% in the past three months. This growth is a clear indication that wealthy individuals and institutional investors believe in Dogecoin and are convinced that the price will rise.
In fact, large investors have played an important role in influencing market movements many times in the past. These purchases may also significantly increase the demand and price of the cryptocurrency to an extent.
Dogecoin: What can you do now?
In addition to short-term technical indicators seeing price gains, there are also many analysts looking at the long-term development of the cryptocurrency. One of the most famous analysts, Trader Tardigrade, studied technical analysis and historical market cycles and came to the following conclusions:
By the end of 2025, Dogecoin may break the $2 mark; by the end of 2028, Dogecoin may even reach $8.
Of course, interest in meme coins isn’t just having a positive impact on Dogecoin. Projects currently on pre-sale can also benefit. Such as flake ore. The pre-sale is still ongoing – but if you believe in the project, hurry up because the pre-sale will end in January 2025.
Click here to enter the Flockerz homepage
Flockerz: Pre-sale ends in 10 days
Not all meme coins have to have a deeper meaning. Things are different with Flockerz. There is indeed a very important offer here. What’s really special about Flockerz is its community-focused approach. In this way, Flockerz hopes to stand out from the already fierce competition and subsequently create a unique selling point.
While in many other meme projects only one person or a small group of people makes the decisions, in Flockerz only the community has a say. Investors participate in surveys and vote to determine the project’s path. All decisions will be made within the framework of a DAO called Flocktopia.
Of course, Flockerz wants to create the right size community and is always looking for new investors to participate in the future of the project. This should be achieved through a vote earning mechanism. This means that after investing, investors also received FLOCK tokens.
The FLOCK token is not yet listed on any official cryptocurrency exchange. FLOCK will only be available for purchase on cryptocurrency exchanges after the pre-sale ends in January. Until then, you have the option to invest directly from the homepage – investing at a fixed price. More than $9 million has been raised this way. After the pre-sale ends, the first rebound may begin and the price may surge.
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