New Competitor for Dogecoin Price Emerges in 2025 This Altcoin Could Overtake DOGE soon
The Dogecoin price is facing increased competition in 2025 as a rising altcoin gains momentum, sparking speculation it could soon overtake DOGE. Following recent market corrections, the crypto market is showing signs of recovery, with growing bullish expectations for Dogecoin’s price movements this month.
Top Dogecoin Price Rivals: Will This Altcoin Surpass DOGE?
Dogecoin price continues to dominate social media discussions, maintaining its strong position in the meme coin sector. The Social Dominance metric compares its social volume to the top 100 cryptocurrencies, highlighting Dogecoin’s steady rise in attention over recent months.
Meanwhile, Pepe has gained traction in social discussions but still lags behind Dogecoin. As the interest in Ethereum-based meme coins like Pepe grows, the balance could shift, especially if Ethereum’s momentum increases. Currently, the ETH price remains above $2,700, further fueling the potential for Pepe to challenge Dogecoin’s social dominance.
Source: Santiment
Will DOGE Price Hit $0.3 This Weekend?
The DOGE price stands at $0.256, marking a slight 2% increase in the past day. This movement is taking place within a range bounded by key resistance levels around $0.26 and $0.3.
The meme coin price is struggling to maintain upward momentum, but it is testing the support around $0.25.
The Relative Strength Index (RSI) on the 4-hour chart reveals that DOGE is hovering near 50, indicating neutral market sentiment
The next significant resistance levels are at $0.30 and $0.36. If the Dogecoin price prediction breaks above $0.30, the path might open toward $0.36. However, if the price fails to hold the current support at $0.25, a potential drop to lower levels could be on the horizon.
Source: TradingView
Pepe Coin Price Shows Bullish Momentum Signal
Over the past 24 hours, The PEPE price has seen a slight market rebound currently at $0.000000985. After a period of sideways consolidation, the meme coin has begun to edge upward, hovering within key support and resistance levels of $0.00000097 and $0.000001.
This movement could signal further gains if the PEPE price manages to break above the upper resistance at $0.000001.
The 4-hour chart shows the MACD indicator is in a mild bullish momentum. The MACD line has recently crossed above the signal line, indicating that buyers might regain control in the short term.
PEPE will encounter substantial price movements when it reaches $0.00000110 following successful maintenance above $0.00000098.
The support zone for PEPE stands at $0.000000974, but if this level fails to hold, then the next possible support stands at $0.0000009. Noticeable risks pointing toward a market fall will occur if the price breaks this support level.
The Dogecoin price faces intensifying market competition from the emerging altcoins named Pepe as 2025 progresses. The rising popularity of Ethereum-based meme coins indicates they may soon compete against Dogecoin for leadership positions in the market.
The post New Competitor for Dogecoin Price Emerges in 2025 This Altcoin Could Overtake DOGE soon appeared first on CoinGape.
Filed under: News - @ February 21, 2025 2:20 pm