DOGE Traders Bank Profits Of Dogecoin Foundation, Now Eye This $0.09 Token With 300% Growth Potential
The post DOGE Traders Bank Profits Of Dogecoin Foundation, Now Eye This $0.09 Token With 300% Growth Potential appeared on BitcoinEthereumNews.com.
Recent DOGE news features the Dogecoin foundation, which recently formed a new reserve. Buying up over 10M DOGE, they established the Official Dogecoin Reserve with the goal to serve as a liquidity backer. In response to this, DOGE prices went up, briefly reaching $0.20 before traders raked in profits. As Dogecoin solidifies its ecosystem, many traders have switched their attention to a new AI presale, which has raised over $12 million. IntelMarkets (INTL) is an AI-powered DeFi platform that attracts the interest of retail and institutional investors through the same venture. Led by a team of OpenAI and MIT researchers, this new project has many analysts watching. DOGE Price Overview: A Legendary Run With a Slowing Pulse Dogecoin has experienced an unimaginable transformation since its launch in 2013. What started as a joke evolved into a multi-billion-dollar financial asset. While the DOGE price has seen its fair share of volatility, the steady institutional adoption of Dogecoin is evident. As of the time of writing, DOGE’s price maintains its position near $0.19 after achieving short-lived price gains towards $0.20 before the significant profit taking. Dogecoin holders experienced a positive outcome with the current DOGE price point, increasing 12% in response to the reserve announcement. Analysts speculate that the support from the Dogecoin Foundation is meant to act as a liquidity pool, further cementing DOGE’s position as a payment ecosystem. Historically, Elon Musk has allowed Dogecoin to be used to purchase Tesla cars, with plans to incorporate the token into the X (Twitter) platform. With DOGE prices experiencing a positive boost following the news, some analysts claim that Dogecoin could lead the next meme coin rally. They speculate that DOGE prices could reach $0.30 in April, with a possible meme season in May boosting Dogecoin above $0.50 levels. IntelMarkets (INTL): The AI-Powered…
Filed under: News - @ March 30, 2025 2:22 am