Dogecoin Price Prediction: DOGE Pumps 10%, But This New Meme Coin Phenomenon May Be Poised For Explosive Gains

Disclosure

Updated: 08 November 2023

The information provided on Inside Bitcoins is for educational and informational purposes only and should not be considered financial, investment, or trading advice. Cryptocurrency markets are highly volatile, and investing in digital assets carries significant risk. No profits are guaranteed, and you may lose some or all of your investment. Always invest responsibly and only with funds you can afford to lose.

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

The Dogecoin price has pumped by 10% in the past seven days, reaching its peak at $0.076 on Nov. 6 in response to the recent Bitcoin uptick. At 8.35 a.m. EST today, it was trading at $0.0741.

Dogecoin Surges On Doge Day

Dogecoin’s recent price surge came on Doge Day, when Kabosu, the original dog that inspired the Doge meme and Dogecoin, marked her 18th birthday.

Undoubtedly an important date for DOGE enthusiasts, the day brought a substantial increase in the coin’s value. The Dogecoin Foundation also commemorated the remarkable milestone in a post on X.

Raising funds to commemorate Kabosu when she had a health scare last year was an incredible time. The Doge & Dogecoin communities from around the internet came together.

Amazing to see statue become a reality with @kabosumama and everyone else on Kabosu's 18th birthday! https://t.co/rbG0MP6EhM

— Dogecoin Foundation (@DogecoinFdn) November 2, 2023

Meme Kombat To Outshine DOGE?

Doge Day and the coin’s price increase certainly brought capital to the original meme coin, but it is not the one that crypto enthusiasts looking for the next big score are looking at.

The spotlight was stolen by Meme Kombat (MK) — a new meme coin currently in presale, which managed to raise $1.3 million as of the time of writing.

The project is selling its token MK for only $0.183 per unit, accepting ETH and USDT in return. However, the reason why it attracted the attention is the fact that it created a platform carefully designed to accommodate gamers.

New price, who dis? pic.twitter.com/AOMuDcDaPM

— Meme Kombat (@Meme_Kombat) November 2, 2023

Those who join can earn passive income from staking or active income from betting. In addition, any participants can earn rewards on the innovative gaming platform.

Lastly, it is worth noting that MK is about to see a price increase in a little over 24 hours, which will bring its value to $0.189. This means that potential buyers have only one more day to buy the token at its current price.

Best Wallet - Diversify Your Crypto Portfolio

Our Rating