This Solana meme coin has analysts buzzing
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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A new meme coin on Solana is gaining buzz, with analysts predicting huge returns from small investments. Could a small sum become a fortune overnight? A new meme coin on the Solana blockchain is grabbing headlines. Analysts are excited about its potential to deliver huge returns from a tiny investment. It’s stirring up conversations across the crypto world. This could be the breakthrough many have been waiting for. DOGEN skyrockets 500% post-DEX listing; can it triple with a CEX soon? DOGEN, the meme token for those who refuse to settle, is proving its strength with both technical and fundamental momentum. Designed for winners, DOGEN embraces the alpha mentality, attracting a rapidly growing community of over 30,000 followers on X. Explosive price action and market momentum Since its Raydium DEX listing on February 4th, DOGEN surged to an all-time high of $0.0066 before consolidating around $0.002. Even at this level, it remains an impressive 566% above its lowest presale price of $0.0003. The project’s presale alone raised $5.5 million, showcasing massive early investor interest. Technical outlook: Is a major breakout coming? With a fully diluted valuation (FDV) of $28 million, DOGEN shows upside potential toward $40 million, pointing to a short-term price target of $0.004+. Currently, DOGEN is testing key support within a descending channel. If the price breaks above $0.0032, this could reverse the downtrend, setting the stage for a bullish surge toward $0.0056 — a level that aligns with previous resistance zones. Adding to the bullish case, an upcoming major CEX listing is expected to drive fresh liquidity and wider adoption. With only 1 billion tokens circulating (10% of total supply), DOGEN’s price remains highly responsive to demand,…
Filed under: News - @ February 15, 2025 5:25 am