Dogecoin Price Prediction: As 21Shares Says It’ll List A DOGE ETP On SIX, Experts Say Buy This AI Pepe Hybrid For Parabolic Potential

The below article is sponsored, meaning Insidebitcoins may receive a commission for affiliate links in the content. Cryptocurrencies are high-risk investments, and you should not expect to be protected if something goes wrong. Don’t invest unless you’re prepared to lose all the money you invest.

Dogecoin price
Dogecoin price

Join Our Telegram channel to stay up to date on breaking news coverage

The Dogecoin price slid over 4% in the last 24 hours to trade at $0.1452 as of 6:14 a.m. EST as investors decrease their exposure to the crypto.

The slump in the DOGE price comes even after 21Shares, one of the largest issuers of crypto ETPs (exchange-traded products), announced earlier today that it will launch a fully backed Dogecoin product on Switzerland’s SIX Swiss Exchange. 

Dogecoin Price Forms An Ascending Trend Line

DOGE Chart Image

4-hour chart for DOGE/USD (Source: GeckoTerminal)

The Dogecoin price printed a higher low in the last few hours, resulting in the formation of a positive trend line, data from GeckoTerminal shows. Since then, the meme coin has been in a positive sequence and is now trying to overcome the resistance level at $0.1474. Should the meme coin leader break this barrier, it could end up climbing to as high as $0.1583.

However, a rejection from the $0.1474 mark within the next 12 hours could result in a pullback for the Dogecoin price. Traders might end up pushing the crypto’s price down to the nearest support at $0.1377 in this alternative scenario. Continued sell pressure should the meme coin fall to this level might then result in a plunge to the subsequent support at $0.1317.

Dogecoin Price Could Climb Over The Next 24 Hours As Technicals Flash Bullish

From a technical standpoint, indicators on DOGE’s 4-hour chart suggest the Dogecoin price might climb through the course of the next 24 hours. More specifically, the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) are showing early bullish signs.

In recent hours, the MACD line crossed above the MACD Signal line. This technical event is often regarded as a confirmation that a crypto has entered a positive short term cycle. 

Should the MACD line start to break away above the MACD Signal line in the next couple of hours, it could strengthen the bullish case for DOGE and result in more long orders from traders.

Buyers also seem to be growing stronger against sellers, as evident by the rise in RSI values in the last few hours. While the current reading below the neutral 50 mark suggests bears still have a slight advantage, the positive slope of the RSI line indicates that this might not be the case for much longer.

As Dogecoin tries to recover from its recent drop and challenge resistance, investors are piling into the presale for and AI Pepe hybrid coin called MIND of Pepe (MIND).

Influential YouTube channel 99Bitcoins, which has over 725K subscribers, says MIND has the potential to surge 20X after its launch.

MIND Of Pepe Introduces The First AI Derivative Of A Major Meme Coin Brand

Frog-themed tokens, especially cryptos inspired by PEPE, have rapidly gained market traction in recent weeks. Now, MIND of Pepe, the first AI crypto derivative of the Pepe the Frog brand, seeks to capitalize on this hype to climb the crypto ranks.

At the heart of the project’s ecosystem is a powerful AI agent that is capable of plugging into popular social platforms such as X, Discord and others. Once connected, the AI analyzes chatter on these platforms to identify new trends in the crypto market.

Once it spots a developing trend, it shares its insights with MIND holders via token-gated groups.

Mind of Pepe tweet

In addition to constantly being on the lookout for new trends that could lead to profitable trade opportunities, the MIND of Pepe AI can also steer the market narrative by interacting with influencers and other investors online. 

The AI’s capabilities don’t stop there, however, as it can also create and launch its own tokens. Once created, it hypes up its newly-created tokens online, trades them and reinvests any profits back into the MIND token.

Before it does any of this, the computer model gives MIND holders the opportunity to buy in early, setting them up for potential parabolic gains if the tokens take off.

MIND’s Presale Goes Parabolic, Closes In On $8 Million

MIND of Pepe is pulling investors in during its ongoing presale stage, and has already raised over $7.8 million in early-stage funding. 

Investors interested in participating in the ICO can buy MIND via the simple widget on the homepage of the project’s website. 

Selling for $0.0036965, MIND can be bought with either ETH, USDT, BNB, USDC or bank card. Once purchased the tokens can also be staked for a huge 285% annual return.

Buyers who want to lock in the best deal should buy MIND before a price hike in less than 12 hours.

Check out MIND on its official website.

Related Articles:

Best Wallet - Diversify Your Crypto Portfolio

Our Rating

Best Wallet
  • Easy to Use, Feature-Driven Crypto Wallet
  • Get Early Access to Upcoming Token ICOs
  • Multi-Chain, Multi-Wallet, Non-Custodial
  • Now On App Store, Google Play
  • Stake To Earn Native Token $BEST
  • 250,000+ Monthly Active Users
Best Wallet

Join Our Telegram channel to stay up to date on breaking news coverage

Read next