Dogeverse Price Prediction: DOGE Remains Bullish as Dogeverse may Explode

Dogecoin (DOGE) has had mixed fortunes lately. The coin rose throughout March but fell dramatically in April and early May.

 

However, despite DOGE’s volatility, many traders remain bullish on its long-term prospects.

 

Some traders are also bullish on the new meme coin project Dogeverse (DOGEVERSE) – which has raised over $13 million during its token presale event.

 

 

 

 

 

Holders of DOGE are headed for a wild ride as the coin reaches a two-year high

 

Over the last several months, Dogecoin’s value has fluctuated wildly.

 

The popularity of meme coins skyrocketed in February and March, which was great for DOGE, which reached a high of $0.228 on March 28.

 

For DOGE, it was the highest point since November 2021.

 

This historic upswing started in October 2023 and culminated in a 302% increase for DOGE before reaching its pinnacle in March.

 

But since then, DOGE has lost about 35% of its value.

 

 

Actually, DOGE experienced a 47% decline last week before a small recovery.

 

A couple of things are probably to blame for Dogecoin’s decline.

 

The first is that the entire cryptocurrency market has been struck hard as the price of Bitcoin (BTC) has fallen from its all-time highs.

 

When Bitcoin has problems, the market as a whole usually does as well.

 

Second, interest in meme coins, which were crucial to DOGE’s meteoric rise, has subsided.

 

This has led many investors to cash out, which has caused a general downturn in the market.

 

 

 

 

 

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Analysts Maintain a Long-Term Positive View on Dogecoin

 

There is widespread agreement that Dogecoin’s long-term bullish trajectory is unaffected by the recent downturn.

 

The coin has already demonstrated time and time again that it can overcome doubters and keep climbing no matter what the market throws at it.

 

In terms of the long run, the technicals look good for DOGE.

 

Last week, at approximately $0.124, DOGE created a double-bottom pattern on the daily chart, indicating that level has solid support.

 

Plus, on a daily basis, it remains trading at a comfortable level above the critical 100-day exponential moving average (EMA).

 

 

 

The spot volumes should also be taken into account; DOGE has traded for an unprecedented $1.1 billion in the last 24 hours.

 

Its continued high level of interest is demonstrated by the fact that it is now the tenth most traded cryptocurrency in the world.

 

Even well-respected analysts are sounding the positive note.

 

According to a recent tweet from Crypto Daily Trade Signals, Dogecoin is “building a strong base” before it may potentially surge to $1.

 

It may be prudent to begin accumulating DOGE when analysts with this level of expertise begin to discuss the dollar mark.

 

 

 

Dogeverse Raises $13 Million and Draws Optimistic Prediction

 

The ability to leverage the strengths of several networks and improved accessibility are two benefits of this multi-chain approach. Also, Dogeverse is providing more use cases and is steadily growing an enthusiastic online community.

 

 

As an example, token holders of DOGEVERSE have the opportunity to bet their tokens and earn dividends of up to 71% annually. Dogeverse has the potential to become more than simply another meme coin with its multi-chain, staking-enabled strategy.

 

It is not surprising that the project’s Twitter profile has gained more than 14,000 followers in such a short period of time. As of this writing, Dogeverse is nearing the end of its presale phase, during which early birds can take advantage of discounted prices.

 

You can buy DOGEVERSE coins for $0.00031, but you only have a short window of opportunity to do so before the token debuts on DEX.

 

 

 

 

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How to Trade DOGE Futures on BTCC?

 

 

Now you can trade DOGE on  BTCC. BTCC supports a diverse selection of cryptocurrencies for trading. This includes popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and others. BTCC also offers products such as crypto, gold, and tokenized stocks to help investors rationally allocate their assets.

 

1. Register an Account

 

Join BTCC now and get up to 10,055 USDT when you deposit and trade. Click the button below to sign up now.

 

 

2. Deposit Funds

 

Once your account is set up, you’ll need to deposit funds into your BTCC account. BTCC may offer various deposit methods such as bank transfers, cryptocurrency deposits, or other payment options. Choose the method that works best for you and follow the instructions provided to deposit funds into your account. BTCC mainly offers USDT margin and future trading. Therefore, you need to buy USDT  before trading.

 

 

How to Buy Tether USDT Guide

 

 

 

 

3.How to Trade BTC?

 

Here are the steps to trade BTC on BTCC

 

1) First, tap “Futures” on the website homepage

 

 

2) Select a product you would like to trade from the list here. BTCC currently offers daily and perpetual futures

 

 

 

3) Check time to settlement.  The settlement time of these futures type is different, you can check the time for settlement for each product here.

 

 

 

 

4) After choosing product, you can decide whther you would like to buy or sell it.  You only need to own USDT to trade USDT-margined futures.  That is to say you can sell BTCUSDT futures without owing any BTC Coin.

 

 

 

5) Then select your order type, and choose your leverage.

 

 

 

 

If you choose Limit or SL/TP order, you will need to enter your order price here.

 

 

 

Enter the quantity or choose the percentage under the quantity field.

 

 

 

 

You can also set up stop loss or take profit targets to limit losses or maximise earnings.

 

 

 

 

6)After everything is set up, Buy or  Sell to play your order. A confirmation window will show up,  check if all info is correct and click [Confirm] to open the position.