Dogecoin Price Outlook: DOGE Poised to Revisit $0.8, Moon Mission Reloaded

Updated: 05 September 2023

Disclosure

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

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Doge’s price is currently at $0.06394; in the past day, people traded about $213.05 million. Over the last week, Dogecoin’s Price increased by more than 2%, and in the last 24 hours, it increased by about 1%. Dogecoin is showing signs of a bullish rally, revisiting $0.8.

DOGE Statistics:

Today’s Price – $0.06394
Market cap – $9.03 Billion
Circulating supply – 140.48B DOGE
Total supply – 140.48B DOGE
CoinMarketCap ranking – 7

Dogecoin Price Outlook: DOGE Poised to Revisit $0.8, Moon Mission Reloaded — Source: CoinMarketCap

Check out the daily chart for important details. The Price of DOGE might hit resistance at $0.06850 and $0.07150. If buyers keep the price higher than the average of the last 30 and 50 days, it might continue to rise, possibly reaching $0.08 or more. But if it doesn’t go beyond that level, it might fall to about $0.05990 and $0.05560, a supported area.

DOGE’s RSI is about 40, suggesting its price might decrease in the next trading session. However, DOGE‘s price could rise if the RSI exceeds 50 or higher. It started at $0.06750 and could reach $0.07430 in a few weeks, maybe even hitting $0.08 in a couple of weeks.

All the signs point to a possible increase in Price in the long term. But remember, in the short term, if it goes below the moving averages of 30 and 50 days and the RSI drops near 30, your profits might vanish quickly. Consider using a stop-loss order to protect your gains and limit losses. Keep a close eye on the DOGE market!

Meanwhile, Wall Street Memes is getting attention for giving good returns to investors. It’s doing well in its presale, and the Price is reasonable. This might be a good opportunity for Dogecoin investors to consider trying out this new investment.

Promising Alternative to Dogecoin

Wall Street Memes is set to hit the trading scene on September 27, accompanied by an innovative stake feature. WSM’s recent developments look promising. Staking could increase the WSM token’s price stability, so it’s an enticing prospect for investors. Eventually, it might establish itself as a long-term contender.

WSM’s Bright Prospects: Investor Confidence and Exchange Listing

Wall Street Memes collected over $25 million in presales. Investors and traders are very excited, which makes sense. The project will start trading on major exchanges in just 22 days. This could increase trading and make the market busier. The upcoming listing on decentralized exchanges seems promising.

One of the biggest cryptocurrency holders recently made a significant investment. In August, an investor invested a million dollars in Wall Street Memes (WSM). An investor bought 460 ETH for $WSM in just a few minutes.

Three weeks ago, the same investor invested 93 ETH. This shows investors have a lot of confidence in WSM’s potential.

With the project set to launch on major exchanges in just 22 days, all this excitement is well-founded. The market might get busier, and there could be more trading. So, the upcoming exchange listing is a huge deal.

Unlocking the Potential of WSM Tokens Through Staking

Wall Street Memes (WSM) is gaining much attention because it will soon be listed on major exchanges. People who own WSM tokens can choose to stake them to keep things steady.

By stakes, you keep your tokens instead of selling them. More than 220 million tokens have been staked so far. This project offers rewards of 75 tokens for each block, which equals a 94% return. There are a total of 1.6 billion WSM tokens.

Staking helps maintain a stable price and reduces the big price swings in the market.

Considering its plan and potential for the 2024 market, Wall Street Memes appears to have long-term potential. If you want to buy $WSM tokens, here’s how you can do it.