Dogecoin

bullish

2024

The Dogecoin price rose 2% in the last 24 hours <a href="https://www.coingecko.com/en/coins/dogecoin" rel="noopener noreferrer nofollow">to trade at $0.106</a> as of 09:02 p.m. EST, despite trading volume falling 39% to $358 million.
The meme coin space has rebounded with a 1% surge in the last 24 hours to a $40 billion market capitalization, as the top three cryptos in this category, DOGE, SHIB, and PEPE registered gains.
According to Dogecoin metrics on <a href="https://app.intotheblock.com/coin/DOGE" rel="noopener noreferrer nofollow">IntoTheBlock</a>, the market has turned bullish, as 73% of DOGE holders are currently in profit.
<h2 id="b-dogecoin-price-prediction-doge-aims-for-a-continued-surge-b">Dogecoin Price Prediction: DOGE Aims For A Continued Surge</h2>
On July 29, the Dogecoin price fell from $0.13 and reached the $0.081 support zone by Aug. 5. However, bears could not sustain the trend, as&nbsp; bulls took control of the price, propelling DOGE through a rising channel pattern.
<img decoding="async" class="alignnone wp-image-563309 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/08/DOGEUSDT_2024-08-11_04-02-26.png" alt="" width="1281" height="555" srcset="https://insidebitcoins.com/wp-content/uploads/2024/08/DOGEUSDT_2024-08-11_04-02-26.png 1281w, https://insidebitcoins.com/wp-content/uploads/2024/08/DOGEUSDT_2024-08-11_04-02-26-300x130.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/08/DOGEUSDT_2024-08-11_04-02-26-1024x444.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/08/DOGEUSDT_2024-08-11_04-02-26-768x333.png 768w" sizes="(max-width: 1281px) 100vw, 1281px">
DOGEUSDT Chart Analysis (Source: Tradingview.com)
DOGE price bulls aim to sustain a position within the bullish channel. The token’s price has now surpassed the 50-day Simple Moving Average (SMA). If the momentum continues, the price of Dogecoin might eventually overcome the immediate resistance at $0.117, coinciding with the 200-day SMA.
In the last week, the Relative Strength Index (RSI) has rebounded from below the 30-oversold level, and currently stands at 57. The RSI rising shows that investors are actively buying.
If the buying continues, DOGE could soar to breach the $0.117 resistance. Bulls could then target the next resistance at $0.13.
Conversely, if bears take control of the Dogecoin price, the meme coin might undergo a correction to the strong support around $0.095.
As Dogecoin trades in a bullish channel, a new meme coin by the name of <a href="https://insidebitcoins.com/visit/playdoge" rel="noopener noreferrer nofollow">PlayDoge (PLAY)</a> is set to benefit from this trend, thanks to its play-to-earn (P2E) gameplay. This utility offers investors more than just a speculative trade opportunity, as is the case with many other meme coins.
According to 99Bitcoins, a prominent crypto channel on YouTube, $PLAY could surge 50X to 100X after its launch.
<iframe title="THIS CRYTO MEME COIN CAN 50X TO 100X YOUR MONEY! PLAYDOGE BEST P2E DOGE COIN" width="640" height="360" src="https://www.youtube.com/embed/j256BL7-T4Y?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
<h2 id="b-playdoge-a-worthy-alternative-b">PlayDoge: A Worthy Alternative</h2>
PlayDoge is a mobile-based play-to-earn (P2E) game that transforms the DOGE meme into a Tamagotchi-style virtual pet. Users are able to earn $PLAY tokens by ensuring their digital companions get enough love, food and sleep.
Investors are also able to earn a passive income through PlayDoge’s staking option, allowing $PLAY token holders to easily lock up&nbsp;their tokens for 77% annual rewards.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Don’t ghost your <a href="https://twitter.com/hashtag/Doge?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Doge</a> or it’ll die 👻
 Feed your Doge, earn rewards, and level up. No mazes, just fun!<a href="https://twitter.com/hashtag/Presale?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Presale</a> has launched! 🙌<a href="https://twitter.com/hashtag/PlayDoge?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#PlayDoge</a> <a href="https://twitter.com/hashtag/P2E?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#P2E</a> <a href="https://twitter.com/hashtag/Memecoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Memecoin</a> <a href="https://t.co/Fp2sFwycpj" rel="noopener noreferrer nofollow">pic.twitter.com/Fp2sFwycpj</a>
 — PlayDoge (@PlayDogeGame) <a href="https://twitter.com/PlayDogeGame/status/1796577377746620905?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 31, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
The project has continued to gain traction in the crypto community, which is evident by its explosive ICO. PlayDoge has already raised over $6.0 million through its presale so far.
You can buy $PLAY tokens for $0.00528 each. With a price hike coming in less than three days, buy soon to lock in the best deal.
<a href="https://insidebitcoins.com/visit/playdoge" rel="noopener noreferrer nofollow">Buy $PLAY from the official website here using BNB, USDT, or a bank card</a>.
<h2 id="b-related-news-b">Related News</h2>
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 <li style="font-weight: 400"><a href="https://insidebitcoins.com/news/doge2014-relive-dogecoins-legacy-with-a-modern-twist" rel="noopener noreferrer nofollow">Doge2014: Relive Dogecoin’s Legacy with a Modern Twist</a></li>
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Dogecoin Price Soars 2%, But Experts Say This 2.0 DOGE Might Be The Next Crypto To Explode

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