Is It Too Late To Buy DOG? DOG•GO•TO•THE•MOON Price Soars 38% In A Week And This Might Be The Next Crypto To Explode

The DOG•GO•TO•THE•MOON price has surged 38% in a week and 2% in the last 24 hours to trade at $0.009026 as of 2.15 a.m. EST on trading volume that surged to $102.6 million.

The token calls itself the #1 meme coin on Bitcoin, and thanks to the fact that it is a community-driven meme coin on Bitcoin’s blockchain it has a very close relationship with the world’s oldest and largest cryptocurrency.

So, when Bitcoin’s price skyrocketed last Thursday going from just above $95k to just under the resistance at $102k, DOG was quick to follow.

There was a bit of a delay, but the meme coin followed anyway, and now that BTC is once again below $100k per coin, currently at $98.83k, DOG started seeing a correction of its own. So far, it is fairly mild, but it shows that it is quite volatile and that it tends to follow Bitcoin’s lead quite closely.

DOG•GO•TO•THE•MOON Price Prediction

Following its weekend surge, the DOG•GO•TO•THE•MOON price started seeing a sharp correction that followed Bitcoin’s own price drop, as mentioned earlier. However, with the Bitcoin price currently trading sideways, DOG is free from the larger coin’s influence for the time being, which means that it might start making moves of its own.

Its Bollinger bands have seen a major widening in the past several hours, which could be a positive thing. However, right now, its price is stuck to the lower band, and it is pushing it further and further down, which is bearish behavior.

Of course, this could also open an opportunity for a recovery if the traders decide to move in to buy the dip-

The project’s Relative Strength Index (RSI) value shows that something like that might happen relatively soon. The RSI spent the last 12 hours fluctuating around the value of 50, mostly going from the lower 40s to 60 and back again.

However, the last three or four hours have seen its value decrease significantly, and spiral down toward the oversold zone at 30. At the time of writing, it is not quite there yet, but it is approaching this value in a sharp descent, which signals that traders are now engaged in a sell-off.

Once again, this could open up an opportunity for those willing to take a risk and buy the dip, as DOG is currently selling at a lower price than the levels it has previously demonstrated. Of course, it is still quite higher on a weekly basis than where it used to be last Monday, and in fact, where it was for most of last week.

Regardless, traders should keep in mind that it is possible for the meme coin to start seeing a recovery soon, especially if Bitcoin tries to tackle the resistances at $100k and $102k again in the hours or days to come. With the holiday season approaching, cryptos have been known to see a price surge in previous years, so that could be a possible catalyst for a recovery and later a price increase, as well.

Promising Alternative To DOG•GO•TO•THE•MOON

For some traders, buying DOG•GO•TO•THE•MOON right now may be too risky after its week-long pump. If you are one of them, then consider Crypto All-Stars (STARS), a high-potential meme coin that’s already raised over $10.74 million in presale.

The token’s presale is going to end in just 11 days, so now is the last opportunity you will have to get it at its low ICO price.

This is a valuable opportunity as many believe that the STARS token is about to skyrocket after entering circulation. This comes from the fact that its flagship product — a new staking platform called MemeVault — is a revolutionary new type of smart contract that lets you stake multiple cryptos in the same place.

💜 The All-Star Dominance Continues! 💜

These All-Stars are 8 digits of fun now! 10 Million is a massive number!

Thank you! We'll see YOU in the MemeVault 😉 pic.twitter.com/T2TkUCPuxG

— Crypto All-Stars (@all_stars_coin) December 7, 2024

Unlike MemeVault, all other smart contracts only let you stake a single crypto per contract, whereas MemeVault will support 11 different coins, with plans to introduce more in the months ahead.

After launch, you will be able to stake Dogecoin, Shiba Inu, Pepe, Floki, Brett, Mog Coin, Milady, Turbo, Toshi The Cat, Coq Inu, Bonk.

Its native STARS token can be staked already for a huge 217% annual return.

Crypto expert and YouTuber ClayBro, who has over 133k subscribers, said recently that STARS has at least 10x potential.

STARS tokens can be bought for only $0.0016782

Visit STARS here.

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