Dogecoin Price Soars After Musk’s ‘Dogefather’ Tweet, But Whales Accumulate AI Powered GoodEgg (GEGG) Presale DOGE’s Next Rival?
The post Dogecoin Price Soars After Musk’s ‘Dogefather’ Tweet, But Whales Accumulate AI Powered GoodEgg (GEGG) Presale DOGE’s Next Rival? appeared on BitcoinEthereumNews.com.
The Dogecoin (DOGE) community is buzzing once again after a recent tweet by Elon Musk, where he referred to himself as the ‘Dogefather.’ As expected, the tweet caused a surge in DOGE’s price, pushing it past the $0.111 resistance level and marking an 8.10% increase in just 24 hours. However, while Dogecoin (DOGE) celebrates yet another Musk-driven rally, whale investors are quietly accumulating tokens in the AI-powered GoodEgg (GEGG) presale, sparking speculation that GoodEgg could become DOGE’s next major competitor. GoodEgg (GEGG): The Whales’ New Favorite? While Dogecoin (DOGE) remains the king of memecoins, whale investors are increasingly looking toward the AI-powered social-fi token GoodEgg (GEGG) as a potential challenger. GoodEgg combines social interactions with AI technology, offering users rewards for engaging on the platform. Its presale has already attracted significant interest, with $3.8 billion worth of tokens sold to date. The fact that whales are accumulating GoodEgg (GEGG) tokens during its presale is a strong indicator of confidence in the project’s long-term potential. Some analysts are even suggesting that GoodEgg could outperform Dogecoin in the near future, particularly as the platform gains traction with its unique Play-to-Date model. The surge in whale interest in GoodEgg comes at a time when the memecoin market is evolving. Investors are no longer just looking for viral tokens like Dogecoin (DOGE); they want projects with real-world applications and innovative technology. GoodEgg’s focus on AI-driven social interactions positions it as a strong contender in this space, potentially rivaling DOGE’s dominance in the memecoin market. Dogecoin (DOGE) Rises After Musk’s Tweet Elon Musk, who has long been a vocal supporter of Dogecoin (DOGE), once again had a significant impact on the token’s price. His recent tweet referencing the ‘Dogefather’ sent Dogecoin (DOGE) soaring past critical resistance levels, with the token now trading at $0.1174.…
Filed under: News - @ September 29, 2024 4:23 pm