{"id":493666,"date":"2024-03-24T10:33:13","date_gmt":"2024-03-24T10:33:13","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=493666"},"modified":"2024-03-24T10:33:13","modified_gmt":"2024-03-24T10:33:13","slug":"dogecoin-price-prediction-doge-surges-8-as-this-dogecoin-upgrade-rockets-towards-8m","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/dogecoin-price-prediction-doge-surges-8-as-this-dogecoin-upgrade-rockets-towards-8m","title":{"rendered":"Dogecoin Price Prediction: DOGE Surges 8% As This Dogecoin Upgrade Rockets Towards $8M"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The Dogecoin price surged 8.4% in the last 24 hours <\/span><a href=\"https:\/\/www.coingecko.com\/en\/coins\/dogecoin\"><span style=\"font-weight: 400;\">to trade at $0.1656<\/span><\/a><span style=\"font-weight: 400;\"> as of 8.30 p.m. EST on trading volume that climbed almost 9% to $3.15 billion.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Dogecoin price soared 45% this week amid more speculation about whether Elon Musk may eventually allow Dogecoin to be used to make payments for more products made by companies he owns, including Tesla.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">His X Payments company expanded its operations by securing money transmission licenses in Illinois, New Mexico, and Oregon, indicating the scale of the impact that enabling DOGE payments might have on the biggest meme coin by market capitalization.&nbsp;<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">JUST IN: X secures licenses in key US states, opening the door for potential Dogecoin payments. <a href=\"https:\/\/t.co\/P2gve77JFC\">pic.twitter.com\/P2gve77JFC<\/a><\/p>\n<p>&mdash; CEO (@Investments_CEO) <a href=\"https:\/\/twitter.com\/Investments_CEO\/status\/1771660096231162315?ref_src=twsrc%5Etfw\">March 23, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><span style=\"font-weight: 400;\">Dogecoin Price Bulls Regain Control, Forming A Bullish Pennant<\/span><\/h2>\n<p><img decoding=\"async\" class=\"alignnone wp-image-493667 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/03\/doge.jpg\" alt=\"Dgecoin Price\" width=\"1600\" height=\"687\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/03\/doge.jpg 1600w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/03\/doge-300x129.jpg 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/03\/doge-1024x440.jpg 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/03\/doge-768x330.jpg 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/03\/doge-1536x660.jpg 1536w\" sizes=\"(max-width: 1600px) 100vw, 1600px\"><\/p>\n<p><span style=\"font-weight: 400;\">DOGEUSDT Analysis By Tradingview<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Dogecoin price is experiencing a correction confined within two converging trendlines. This suggests the formation of a pennant pattern. Such a chart pattern typically occurs within a strong uptrend and indicates periodic pullbacks where buyers can gather momentum again.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With a gain of 11.6% within the day, the price of Dogecoin is poised to test the upper trendline of the pennant pattern. If it breaks out above this trendline, it could signal a continuation of the recovery as the bulls continue the uptrend, driving the price to a new high in the upcoming weeks.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The price bulls have also pushed the price above the 50-day and 200-day Simple Moving Averages (SMAs), which currently support the price at $0.01213.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Relative Strength Index (RSI) indicates an uptrend toward the overbought region of 70, indicating intense buying pressure for the Dogecoin price.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Dogecoin Price Buyers Target $0.26<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The Dogecoin price bulls aim to push the price higher, with support from the SMAs and the RSI. An increased momentum should see the price breach above the pennant as the bulls aim to drive the price to a new high of $0.26 in the upcoming weeks.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Conversely, if the upper trendline of the pennant remains resilient, bears could initiate a price correction, forcing the bulls to retreat to the $0.1265 support zone coinciding with the pennant&rsquo;s lower boundary.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As the DOGE price gears up for another bullish stance, investors are buying the presale <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/dogecoin20\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Dogecoin20<\/span><\/a> at an incredible rate. Analysts say it is likely to sell out within days.<\/p>\n<h2><span style=\"font-weight: 400;\">Dogecoin20 Presale Raises Over $7.6 Million<\/span><\/h2>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/dogecoin20\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Dogecoin20<\/span><\/a><span style=\"font-weight: 400;\"> has raised over $7.6 million in about 10 days as it rockets towards its $8.1 million goal.&nbsp;<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Wow! &#127881;<\/p>\n<p>No words to describe this amazing achievement! &#128640;<a href=\"https:\/\/twitter.com\/hashtag\/Dogecoin20?src=hash&amp;ref_src=twsrc%5Etfw\">#Dogecoin20<\/a> reaches $6 million raised! &#128176;<\/p>\n<p>Massive thanks to the <a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&amp;ref_src=twsrc%5Etfw\">#Crypto<\/a> Community! &#128588;<a href=\"https:\/\/twitter.com\/hashtag\/DOGE20?src=hash&amp;ref_src=twsrc%5Etfw\">#DOGE20<\/a> wishes you a great weekend! &#127775;&#128054; <a href=\"https:\/\/t.co\/PaAyohkpB7\">pic.twitter.com\/PaAyohkpB7<\/a><\/p>\n<p>&mdash; Dogecoin20 (@DOGE_COIN20) <a href=\"https:\/\/twitter.com\/DOGE_COIN20\/status\/1771213023354470416?ref_src=twsrc%5Etfw\">March 22, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">This new meme coin runs on the Ethereum blockchain, aiming to create something unique and forward-thinking, while paying tribute to the original meme coin that exploded into the crypto ecosystem more than a decade ago.<\/span><\/p>\n<p>https:\/\/twitter.com\/DOGE_COIN20\/status\/1768242237266104505?s=20<\/p>\n<p><span style=\"font-weight: 400;\">The team is driven by the motto &ldquo;do only good every day&rdquo; and aims to uphold the Doge family&rsquo;s legacy.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Buy DOGE20 Now, Stake For 137% APY<\/span><\/h2>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/dogecoin20\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Dogecoin20<\/span><\/a><span style=\"font-weight: 400;\"> has already received widespread coverage from media outlets that include Business Insider, Benzinga, CoinTelegraph, and Cision News, boosting interest in Dogecoin20 and the overall Dogecoin community.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Unlike Dogecoin itself, DOGE20 offers a staking option where you can buy DOGE20 tokens on the project&rsquo;s website and stake them for an annual yield of 137%.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Getting ready for the ultimate <a href=\"https:\/\/twitter.com\/hashtag\/DOGE?src=hash&amp;ref_src=twsrc%5Etfw\">#DOGE<\/a> upgrade! &#128736;&#65039;<\/p>\n<p>We're propelling <a href=\"https:\/\/twitter.com\/elonmusk?ref_src=twsrc%5Etfw\">@elonmusk<\/a>&rsquo;s beloved <a href=\"https:\/\/twitter.com\/hashtag\/Memecoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Memecoin<\/a> towards a greener horizon. &#127807;<\/p>\n<p>Diving into the possibility of staking <a href=\"https:\/\/twitter.com\/hashtag\/DOGE20?src=hash&amp;ref_src=twsrc%5Etfw\">#DOGE20<\/a> and reaping environmentally-friendly rewards. &#128184;&#127757; <a href=\"https:\/\/t.co\/zMino37jCV\">pic.twitter.com\/zMino37jCV<\/a><\/p>\n<p>&mdash; Dogecoin20 (@DOGE_COIN20) <a href=\"https:\/\/twitter.com\/DOGE_COIN20\/status\/1771220402691350540?ref_src=twsrc%5Etfw\">March 22, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">Crypto YouTuber Jacob Bury says that Dogecoin20 is one of the best meme coins to invest in right now, noting its strategic alignment with the buzz surrounding DOGE and Shiba Inu (SHIB), and wonders if it might become the next SHIB.<\/span><\/p>\n<p><iframe title=\"5 BEST MEME COINS To Buy Now - The NEXT SHIBA INU?!?!\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/T9ee8m2KoHc?start=3&amp;feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span style=\"font-weight: 400;\">You can buy DOGE20 tokens for $0.000208 each. Act fast if you are interested because the token is likely to sell out imminently.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Visit the <\/span><span style=\"font-weight: 400;\">website<\/span> <a href=\"https:\/\/insidebitcoins.com\/visit\/dogecoin20\" rel=\"nofollow\"><span style=\"font-weight: 400;\">here<\/span><\/a><span style=\"font-weight: 400;\"> to buy DOGE20 using your USDT, ETH, or bank card.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Related Articles<\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/top-meme-coin-surges-13-in-a-week-as-investors-gear-up-for-11-pm-sponge-v2-bridging-deadline-stake-now-time-is-running-out\"><span style=\"font-weight: 400;\">Top Meme Coin Surges 13% In A Week As Investors Gear Up for 11 PM Sponge V2 Bridging Deadline &ndash; Stake Now, Time Is Running Out!<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a 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