Missed Dogecoin? This Solana-Powered memecoin could be the next 30,000% rocket

DOGEN, a brand new Solana memecoin, is capturing consideration with its potential to observe Dogecoin’s success with a 30,000% rally.

Dogecoin’s explosive progress left many wishing they’d jumped in sooner. Now, a brand new meme-inspired cryptocurrency on the Solana community is capturing consideration. May this be the subsequent memecoin to surge? This text delves into this promising token and why it is perhaps poised for an enormous rally.

DOGEN soars 500% after DEX itemizing: What’s subsequent?

DOGEN, the meme token constructed for many who by no means settle, is gaining momentum with each technical power and robust group backing. With an alpha mentality that resonates with over 30,000 followers on X, DOGEN is proving to be a motion.

Since its Raydium DEX itemizing on February 4th, DOGEN has surged, hitting an all-time excessive of $0.0066 earlier than cooling off to $0.002 — nonetheless a powerful 566% acquire from its lowest presale value of $0.0003. The presale itself raised $5.5 million, highlighting the early enthusiasm surrounding this venture.

DOGEN’s totally diluted valuation (FDV) at present stands at $28 million, with upside projections pointing towards $40 million. This means a near-term value goal of $0.004+ if momentum continues.

• DOGEN is testing key assist ranges inside a descending channel.
• A breakout above $0.0032 might verify a development reversal, with upside potential towards $0.0056, aligning with earlier resistance.
• With just one billion tokens circulating (10% of whole provide), DOGEN’s value stays extremely delicate to demand surges, setting the stage for volatility in favor of bulls.

DOGEN’s upcoming main CEX itemizing is predicted to inject recent liquidity and enhance accessibility — sometimes a key value driver for meme cash. As anticipation builds, merchants are positioning forward of what could possibly be one other main rally.

DOGEN to $100m market cap? The group thinks so

DOGEN’s spectacular efficiency has caught the eye of key crypto influencers, together with eezzy’s journal channel (50K+ subscribers), which has recognized DOGEN as a high Solana memecoin contender.

With hypothesis mounting, DOGEN is on observe to retest its $0.005 ATH, probably breaking greater if bullish momentum accelerates. A parabolic value discovery section might see DOGEN exceeding its present FDV ceiling and heading towards a $100m+ market cap.

Dogecoin gearing up for a rebound? 

Dogecoin stays in a good buying and selling vary between $0.242 and $0.280, struggling to achieve momentum. Regardless of dropping 28% over the previous month, it’s nonetheless up 139% over six months, displaying resilience within the long-term.

With an RSI of 36.26, DOGE is approaching oversold territory, hinting at a attainable bounce. A break above $0.311 might spark a rally towards $0.357, a possible 24% acquire. On the draw back, $0.218 is a essential assist stage — falling under it might push the value all the way down to $0.172. The MACD exhibits no sturdy development, protecting DOGE in a wait-and-see section. If consumers step in, momentum might shift, however for now, the market stays unsure.

Conclusion

DOGEN is a meme token for alpha males, designed for these in search of the perfect in life. It has potential for big positive factors this altcoin season. Following tokens like BONK, WIF, and Popcat, DOGEN builds a group of leaders, with actual advantages and unique perks for early adopters.

For extra info on Dogen, go to the website, Twitter, or Telegram.