Dogen to Lead the Charge With 10,000% Returns While DOGE and SHIB Strain Under Market Pressure
The post Dogen to Lead the Charge With 10,000% Returns While DOGE and SHIB Strain Under Market Pressure appeared on BitcoinEthereumNews.com.
An emerging cryptocurrency is turning heads with the potential for staggering returns, capturing the interest of investors around the globe. Meanwhile, popular meme coins are grappling with market challenges that test their resilience. This shift in the crypto landscape raises the question: could this newcomer redefine success and take the lead in the digital currency arena? DOGEN Soars 500% After DEX Listing, What’s Next with CEX on the Way? DOGEN, the meme token built for those who never settle for less, is showing strong technical and fundamental momentum. Designed for winners, DOGEN embodies the alpha mentality, and this concept has already appealed to a large community of over 30,000 followers on X. Recent Price Action & Momentum Since its listing on Raydium DEX on February 4th, DOGEN had a strong run, hitting an all-time high of $0.0066 before cooling off and stabilizing around $0.002. Even at that level, it’s still up a massive 566% from its lowest presale price of $0.0003. The presale itself raised $5.5 million showing just how much early interest this project attracted. Technical Indicators & Breakout Potential DOGEN’s current fully diluted valuation (FDV) stands at $28 million, with a projected upside toward $40 million. This rise in value suggests a potential price target of $0.004+ in the near term. Recent price action suggests DOGEN is testing key support within a descending channel. If the price breaks above $0.0032, the current downtrend would reverse and set the stage for a strong bullish move toward $0.0056, aligning with previous resistance levels. A planned major exchange listing is expected to inject fresh liquidity and increase accessibility of $DOGEN, typically a key price catalyst for meme coins. With only 1 billion tokens circulating (10% of total supply), DOGEN’s price remains highly sensitive to increased demand, setting the stage for further…
Filed under: News - @ February 15, 2025 9:26 pm