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DOGE and XRP holders shift focus as smart money moves into Dogen

cryptonews100_tggfrn by cryptonews100_tggfrn
February 16, 2025
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DOGE and XRP holders shift focus as smart money moves into Dogen
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DOGE and XRP holders reassess their positions as smart money moves into Dogen following a 500% post-launch surge.

As main traders shift their focus, a brand new contender is making waves within the crypto world: Dogen (DOGEN). Rumored to doubtlessly supply greater returns, this rising token is capturing consideration as soon as reserved for giants like Dogecoin (DOGE) and XRP.

DOGEN surges 500% after DEX launch

DOGEN, the meme token for many who by no means settle, is gaining traction with robust technical momentum. Boasting a rising group of 30,000+ followers on X, the undertaking embodies an alpha mindset that continues to draw traders.

Since its Raydium DEX itemizing on Feb 4, DOGEN surged to an ATH of $0.0066 earlier than stabilizing round $0.002 — nonetheless up 566% from its $0.0003 presale worth. The presale alone raised $5.5m, showcasing robust early demand.

DOGE and XRP holders shift focus as smart money moves into Dogen - 1

DOGEN’s FDV sits at $28m, with potential upside towards $40m suggesting a short-term worth goal of $0.004+. At the moment testing key help in a descending channel, a breakout above $0.0032 might spark a rally towards $0.0056, reclaiming earlier resistance ranges.

DOGE and XRP holders shift focus as smart money moves into Dogen - 2

An upcoming main alternate itemizing might inject contemporary liquidity, fueling additional demand. With simply 1 billion tokens circulating (10% of complete provide), DOGEN stays extremely unstable — favoring bullish momentum.

DOGEN’s exceptional post-listing efficiency and robust presale momentum have captured important group consideration. The eezzy’s journal channel, boasting over 50K subscribers, has acknowledged DOGEN’s potential to change into a number one meme coin on Solana, doubtlessly reaching a market cap exceeding 100m.

DOGEN has already demonstrated its capacity to rally rapidly, and with growing hypothesis forward of its CEX itemizing, the chance of retesting its $0.005 ATH — or breaking past — is rising. If momentum continues, DOGEN might enter a worth discovery section, with values exceeding its present FDV ceiling.

Dogecoin reveals restoration indicators

Dogecoin is shifting in a good vary between $0.250 and $0.285. It has gained 6.31% over the previous week, displaying indicators of restoration after a steep 36.23% drop within the final month. The RSI at 57.50 suggests it’s not overbought but, that means extra room for progress. 

If momentum holds, DOGE might push previous $0.293 to the following resistance at $0.338, a possible leap of over 15%. A stronger rally might check $0.427, marking an virtually 50% achieve from the present vary. The 6-month rise of 162.84% hints at long-term power. Bulls are eyeing a breakout, however holding help at $0.159 is vital to avoiding additional drops.

XRP eyes a breakout

XRP is holding robust within the $2.40 – $2.82 vary, displaying stable momentum with a 13.67% achieve this previous week. The ten-day shifting common sits at $2.56, whereas the 100-day is barely decrease at $2.45, signaling bullish stress. With RSI at 63.86 and Stochastic at 74.51, patrons are nonetheless in management.

If XRP pushes previous the $3.32 resistance stage, it might intention for $4.32, a possible enhance of over 50% from present ranges. Brief-term retracements towards $1.33 help are doable, however total, XRP’s robust six-month surge of 360% suggests it has the momentum to push greater.

Conclusion

With the 2025 bull run right here, DOGE and XRP could have potential. Nevertheless, DOGEN, a meme token embodying luxurious and success, expects large positive aspects. Following tokens like BONK and Popcat, DOGEN is constructing a group of leaders, providing actual advantages and unique perks.

For extra info on Dogen, go to the website, Twitter, or Telegram.

Disclosure: This content material is offered by a 3rd celebration. crypto.information doesn’t endorse any product talked about on this web page. Customers should do their very own analysis earlier than taking any actions associated to the corporate.



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