Dogecoin [DOGE] Remained The Most Popular Memecoin In The Cryptocurrency World

With slightly more than 7 million holders, Dogecoin [DOGE] remained the most popular memecoin in the cryptocurrency world.

output: With just over 7 million holders, Dogecoin [DOGE] remains the most popular meme coin in the crypto world. It has maintained its popularity since its launch and generated significant returns for early investors.

Other meme coins such as Floki Inu [FLOKI] and Pepe [PEPE] have emerged, but have not received as much attention as Dogecoin.

Unlike many volatile meme coins, Dogecoin has shown more stability. As it continues to lead the meme coin market, Dogecoin remains in the lead and could soon surpass $0.50.

Source: Coincarp

In parallel, Dogecoin’s price trend is on the verge of breaking out of a descending triangle pattern at the time of reporting, which typically signals a potential upside.

Beyond this consolidation, investors are buying in anticipation of his rally to $0.50. Among meme coins, he expects Dogecoin to rise further if it can maintain its lead.

Source: TradingView

DOGE breaks out from cup and handle pattern

Dogecoin’s dominance will continue as it breaks out from the main pattern and signals a rally to $0.50.

Investors and traders are still buying in while the price is around his $0.10 and making big profits.

Dogecoin's strong market position solidifies its position as a leading meme coin and makes it an attractive investment option.

Source: TradingView

Dogecoin's RSI follows the same pattern as the price chart, showing an encouraging correlation. As of press time, both are operating similarly.

RSI is in the oversold zone and forming a double bottom, suggesting that DOGE price will rise.

Out []: TradingView

Read Dogecoin's [DOGE] Price Prediction 2024-2025

Cryptocurrency market expands a downward-expanding wedge pattern The total market capitalization of virtual currencies follows a downward-expanding wedge pattern at the time of reporting, suggesting that if alternative coins break through the upper trend line at the time of reporting, large profits will be made. Masu.

Such patterns usually reveal potential opportunities before major price movements occur.

Source: TradingView

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