PEPE Breaks Out While SHIB & DOGE Struggle—Is Dogen the Next Meme Coin King?
As popular meme coins like Shiba Inu and Dogecoin face challenges, a new contender enters the spotlight. With Pepe Coin gaining momentum, attention turns to Dogen, a rising star in the meme token world. Could Dogen be poised to take the lead among meme cryptocurrencies? This article explores the shifting landscape of these digital assets.
DOGEN Soars 500% After DEX Listing, What’s Next with CEX on the Way?
DOGEN, the meme token built for those who never settle for less, is showing strong technical and fundamental momentum. Designed for winners, DOGEN embodies the alpha mentality, and this concept has already appealed to a large community of over 30,000 followers on X.
Recent Price Action & Momentum
Since its listing on Raydium DEX on February 4th, DOGEN had a strong run, hitting an all-time high of $0.0066 before cooling off and stabilizing around $0.002. Even at that level, it’s still up a massive 566% from its lowest presale price of $0.0003. The presale itself raised $5.5 million showing just how much early interest this project attracted.
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Technical Indicators & Breakout Potential
DOGEN’s current fully diluted valuation (FDV) stands at $28 million, with a projected upside toward $40 million. This rise in value suggests a potential price target of $0.004+ in the near term.
Recent price action suggests DOGEN is testing key support within a descending channel. If the price breaks above $0.0032, the current downtrend would reverse and set the stage for a strong bullish move toward $0.0056, aligning with previous resistance levels.
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A planned major exchange listing is expected to inject fresh liquidity and increase accessibility of $DOGEN, typically a key price catalyst for meme coins. With only 1 billion tokens circulating (10% of total supply), DOGEN’s price remains highly sensitive to increased demand, setting the stage for further volatility in favor of the bulls.
DOGEN Could 3x From Here – Don’t Wait for the CEX FOMO
Community buzzes about DOGEN Hitting $100M+
DOGEN’s remarkable post-listing performance and strong presale momentum have captured significant community attention. The eezzy’s journal channel, boasting over 50K subscribers, has recognized DOGEN’s potential to become a leading memecoin on Solana, potentially reaching a market cap exceeding 100M.
DOGEN has already demonstrated its ability to rally quickly, and with increasing speculation ahead of its CEX listing, the probability of retesting its $0.005 ATH—or breaking beyond—is rising. If momentum continues, DOGEN could enter a parabolic price discovery phase, with values exceeding its current FDV ceiling.
DOGEN is Still Undervalued – Buy Now Before the CEX Listing
PEPE Memecoin and Its Market Presence
PEPE is a cryptocurrency based on the Pepe the Frog meme. It was launched on the Ethereum blockchain without transaction taxes or a specific use case. Its purpose is to follow the success of memecoins like Dogecoin and Shiba Inu. In mid-2023, its market cap reached $1.6 billion. The project includes promotional phases and exchange listings to boost visibility. The coin has a burning mechanism to reduce supply and a system that rewards holders. As an ERC-20 token, it operates on Ethereum’s network. It can be traded on platforms such as Uniswap, Binance, and KuCoin. Interest in memecoins can influence its price, making it appealing during speculative market trends.
Shiba Inu (SHIB) and Its Role in the Crypto Market
Shiba Inu (SHIB) is a cryptocurrency that operates on the Ethereum blockchain. It was created in August 2020 by an anonymous developer named Ryoshi. SHIB originally had a supply of 1 quadrillion tokens, with half sent to Ethereum co-founder Vitalik Buterin. He later donated and burned a large portion, reducing the circulating supply. Unlike Dogecoin, SHIB is compatible with Ethereum-based projects. It supports applications like ShibaSwap, a decentralized exchange, and has plans for an NFT platform and DAO governance. Its integration with Ethereum gives it more potential for development. SHIB’s popularity and community support make it an interesting option in the crypto market, though its long-term value depends on adoption and ecosystem growth.
Dogecoin and Its Market Potential
Dogecoin was introduced in 2013 as a lighthearted cryptocurrency, using a Shiba Inu meme as its symbol. Unlike Bitcoin, it has no supply limit, with 10,000 new coins created every minute. Originally seen as a joke, its popularity grew, especially in 2021 when its total value exceeded $50 billion. Social media and public figures like Elon Musk played a key role in its rise. The coin remains widely used for tipping, small transactions, and community-driven projects. Its fast transactions and low fees make it appealing. In the current market cycle, Dogecoin’s potential depends on social influence, acceptance, and overall crypto trends. It remains a notable digital currency with an active community and strong online presence.
Conclusion
With PEPE, SHIB, and DOGE showing less short-term potential, DOGEN stands out as the new leader. Designed for those seeking luxury and success, DOGEN expects 700% growth by presale’s end and potential thousand-fold returns this altcoin season. Following tokens like BONK and Popcat, DOGEN builds a community of alpha leaders, offering real benefits and exclusive perks for early adopters.
Site: https://dogen.meme/
Twitter: https://x.com/dogenmeme
Telegram: https://t.me/Dogen_Portal
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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