Dogecoin (DOGE) and Pepecoin (PEPE) Stable as New Memecoin Sells Out 5 Stages in Record Time

7 February 2024

in DOGE

Reading Time: 3 mins read

As investors are on the lookout for stable cryptocurrencies in the ever-evolving crypto space, all eyes are on the top meme coins of the crypto market. Dogecoin and Pepecoin showcased volatility in prices, while crypto enthusiasts expect stability in the near future. Meanwhile, Meme Moguls has caused a market storm with its record presale, leading to analysts wondering whether this memecoin could be the next big thing.

Investors are wary of Dogecoin”s volatility

The crypto market is known for its high volatility. Investors are cautious about Dogecoin, as the meme coin may head towards strong volatility. Crypto market analyst, Ali Marinez, pointed out the Bolinger Bands on DOGE’s 4-hour charts. In a tweet, he states that Dogecoin has been experiencing a tight squeeze since October 2023, signaling an impending spike in price volatility.

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While DOGE is known for its price changes being triggered by investors such as Elon Musk, Martinez suggests that such movements may help it break out and validate the projections in the long term.

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The network milestones have made some headlines for Dogecoin. With an all-time high of 247,240, Dogecoin has been on the rise. The coin experienced a surge of 1.16% in the past 24 hours. However, in the past week, DOGE has witnessed a downturn of 4.02% and is currently trading at $0.07865.

Pepecoin shows bearish momentum; a closer look

Pepecoin, the infamous frog-themed coin, has left investors on the edge. In recent updates, the prominent meme coin has shown a downturn contrary to its once-promising market performance.

Pepecoin’s short-term prospects seem bleak, as it experienced a drop of 22.63% in the past week. Similarly, the bearish momentum continued in the past 24 hours as PEPE plummeted by 9.79%.

With the 24-hour volume witnessing a drop of 5.89%, Pepecoin is full of uncertainty. As PEPE faces a bearish storm, it is currently trading hands at $0.1726. At its current price, market analysts are expecting Pepecoin to stabilize.

Meme Mogul (MGLS) is turning heads in the crypto landscape

The crypto world is buzzing with enthusiasm as this lucrative investment opportunity becomes the talk of the town. Meme Moguls, a P2E meme token built on the Ethereum network, is the perfect investment for those looking to tap into the $17.90B meme coin market.

The Meme Moguls ecosystem is a thriving network with games, leaderboards, NFTs, and much more. The fantasy trading games on the platform include virtual stock market trading games, head-to-head user battles, trading tournaments, and other exciting features.

<blockquote class=”twitter-tweet”><p lang=”en” dir=”ltr”>MOGULS!! ????<br><br>Are you ready to change the landscape? ????‍???? With one of the biggest airdrops of 2024 ???? Get ready!! <a href=”https://twitter.com/search?q=%24MGLS&src=ctag&ref_src=twsrc%5Etfw”>$MGLS</a> Farming. Coming soon… <a href=”https://t.co/9UPUeV5klt”>pic.twitter.com/9UPUeV5klt</a></p>— Meme Moguls (@meme_moguls) <a href=”https://twitter.com/meme_moguls/status/1733077444930703567?ref_src=twsrc%5Etfw”>December 8, 2023</a></blockquote> <script async src=”https://platform.twitter.com/widgets.js” charset=”utf-8″></script>

Additionally, the game also consists of a marketplace wherein users can buy and swap game items. Further, the top 20 players in the wealth leaderboard can share a cash prize pool. Users can also buy and sell rare NFTs and complete trading missions to win valuable meme assets. With its no-tax and zero-fee offerings, Meme Moguls has created a bustling community.

This diversified strategy has differentiated MGLS from other cryptocurrencies and caught the attention of seasoned investors. So far, the coin has raised a whopping $2,172,376. At its current fifth stage of presale, the coin is priced at $0.0036.

Visit Meme Moguls

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