Altcoin
Dogecoin Price Prepares For Monster Rally In Q1, Here’s The ATH Target
The Dogecoin price has been on a major bullish trend lately, achieving new highs driven by political events and market sentiment. As the top meme coin navigates the volatile market, a crypto analyst projects that DOGE could be gearing up for a monster rally in the first quarter (Q1) of 2025. The analyst has set a new ATH target for Dogecoin, expecting it to surge past the $1 mark.
Dogecoin Price Rally To New ATH Incoming
On January 22, TradingShot, a crypto analyst on TardingView, declared that Dogecoin is preparing to reach a new ATH of $1.6 in Q1 2025. The analyst shared a chart examining the meme coin price action daily and highlighting key technical indicators and patterns supporting his bullish forecast.
According to the TradingView expert, the 1-Day 50 Moving Average (MA) is an important blue trend line currently acting as a support level for Dogecoin. He disclosed that the meme coin had previously attempted to break above this trend line; however, a recent pullback had pushed its price back to this support zone.
The analyst noted that during Dogecoin’s past price action, between September and November 2024, it broke above the MA50, successfully retesting this critical support level and triggering a major price rally. This significant bullish trend lasted about two months, pushing DOGE to the 3.0 Fibonacci extension level after it hit a price bottom on August 5, 2024. Based on this pattern, the market expert suggests that for a similar rally to occur in 2025, buyers must reclaim the 1-D MA50 as a support level.
The TradingView analyst’s chart compares Dogecoin’s current price action with its historical fractals in 2024. In both years, the meme coin experienced a period of correction followed by a bottom, as seen in the red triangle in the chart.
After bottoming out, DOGE traded within a Descending Channel, which acted as a precursor to a breakout, ultimately sparking a major bullish rally. On both occasions, as indicated on the chart, Dogecoin’s 1-Day Relative Strength Index (RSI) sequence followed a similar downtrend before breaking out and paving the way for the price rally.
Adding to the bullish narrative, Dogecoin experienced a Golden Cross on the daily chart earlier in this cycle. Here, the 50-day MV crossed above the 200-day MA, which is historically viewed as a bullish signal.
If Dogecoin’s 1D MA 50 and price action follow the same path as historical records, it could replicate 2024’s bull rally, pushing it to the projected 3.0 Fibonacci extension target, corresponding with the $1.6 price level.
DOGE Bull Flag Suggests Higher Price Target
While other analysts project a surge to $1 for the Dogecoin price, Trader Tardigrade forecasted on X (formerly Twitter) that the popular meme coin is preparing for a higher rise to $2. The analyst has identified the emergence of a bull flag pattern on the DOGE 2-day price chart.
He reveals that this bull flag pattern measures a $2 target for Dogecoin, marking a potential 471% increase from its current market price. As of writing, DOGE is trading at $0.35, reflecting a slight 3.1% decline in the past 24 hours, according to CoinMarketCap.
Featured image from Unsplash, chart from Tradingview.com
Altcoin
Next Big Crypto as Trump Issues Crypto Executive Order
Turns out Trump’s promise to make crypto a national priority wasn’t empty talk.
Yesterday, he signed the first crypto executive order that outlines several big commitments:
- To stop persecution of companies and individuals for engaging in any lawful crypto activities
- To support the development of dollar-backed stablecoins
- To roll out clear digital assets regulations that would drive innovation
- To halt the creation of central bank digital currencies (CBDCs)
Trump also established the President’s Working Group on Digital Asset Markets, led by the AI and crypto czar David Sacks.
The Working Group’s agenda includes evaluating the possibility of creating a ‘national digital asset stockpile.’ Notice how it doesn’t mention $BTC, so we might see altcoins like $ETH, $XRP, or $AAVE in the mix.
The cherry on top? The SEC scrapped the anti-crypto SAB 121 bill that enforced strict accounting standards on crypto firms.
The bottom line is that crypto has a bright future ahead, so now is the right time to grow your portfolio.
Here’s our educated guess at the next big crypto with a potential for 100X returns.
1. MIND of Pepe ($MIND) Offers Trading Insights Free From Human Bias
Trump expects AI to be his golden goose this year, as evident from his recent $500B investment into Stargate, a joint venture of OpenAI, Oracle, and Softbank.
For the crypto community, this means one thing – invest in AI tokens.
MIND of Pepe ($MIND) is one of the best early-stage AI agent tokens that’s rapidly gaining momentum. The project swooped in $3.4M in its first two weeks on presale. One $MIND now costs $0.0031889, but the price will increase tomorrow.
$MIND is an autonomous agent that analyzes market data to deliver its token holders exclusive insights. It can also engage in conversations and launch its own tokens, which will be only available to early adopters.
And since $MIND is free from human bias, its trading advice should theoretically be more effective. With no fear or greed to cloud its judgment, $MIND could identify and capitalize on market trends with great precision.
2. Meme Index ($MEMEX) Offers Safe Exposure to the $21B Meme Coin Market
Meme coins are another sector that’s likely to flourish under Trump’s administration. The tricky part is finding meme coins that will explode.
Meme Index ($MEMEX) simplifies this with four baskets that cater to different risk appetites. Essentially, you invest in eight meme coins instead of one to spread the risk and offset potential losses.
True degens will favor the Frenzy index, which features new tokens that might rival the heavyweights. If you prefer to play it safe, pick the Titan index with established coins like $DOGE, $SHIB, and $PEPE.
One $MEMEX costs $0.0154693, and early supporters have bought $2.8M worth of tokens so far.
First-movers have two advantages: an 826% staking APY and governance rights. $MEMEX holders can vote on decisions regarding new features, community initiatives, and basket content. If you’d like to get in early, you can find more information in our Meme Index price prediction and how-to-buy $MEMEX guide.
3. Virtuals Protocol ($VIRTUAL) Rides the AI Agent Wave with 23 of the Top 100 Tokens on Board
Virtuals Protocol ($VIRTUAL) has one advantage over other AI tokens: it’s an AI agent launchpad. Twenty-three of the top 100 AI agent tokens run on Virtuals, including $AIXBT, $GAME, $SEKOIA, and $FREYA.
The logic is simple: as long as the AI agent frenzy continues and users launch their own tokens, the demand for $VIRTUAL will grow. Even if most of these tokens sink, their issuers must buy some $VIRTUAL to get started.
$VIRTUAL has grown 26,009% since its launch in December 2023 and became the second-largest AI agent token by market cap, right after $FET.
The token dropped to $2.63 from its all-time high (ATH) of $5.07 recorded on January 2. However, this dip presents an appealing buying opportunity as $VIRTUAL is likely to see more upside in 2025.
4. XDC Network ($XDC) to Lead Enterprise Crypto Adoption
XDC Network integrates public and private blockchains to digitize and streamline business processes and software development. It can automate letters of credit, cross-border payments, and data management, among everything else.
The ecosystem’s native token, $XDC, is now actively recovering from the bear market of 2023. On January 16, it reached $0.16, just 18% away from its 2021 ATH of $0.19, but has since dipped to $0.11.
On top of that, XDC Networks’s TVL (Total Value Locked) hit a record $38.25M last week. This indicates a surge in institutional adoption of XDC Network-based protocols.
With the new presidential administration’s pro-crypto stance, we can expect even more companies to integrate blockchain into their processes, which would drive $XDC’s growth.
January 23 – Future National Crypto Day?
The crypto market has come a long way, and January 23 might very well become National Crypto Day in the US.
We expect Trump’s crypto executive order to promote innovation, drive blockchain adoption, and fuel a broader bull run in 2025.
However, we remind you that favorable market conditions don’t guarantee the success of individual projects. DYOR, diversify your portfolio and never invest more than you can afford to lose.
Altcoin
Shiba Inu Burn Rate Soars By 1000%, SHIB Price At Inflection Point
The renowned dog-themed meme coin Shiba Inu burn rate has again witnessed a remarkable surge on Friday, up roughly 1000%. Recent data provided by the token’s burn tracker indicated that over 6 million coins were permanently removed from the asset’s market supply. In turn, traders and investors anticipate a bullish impact on SHIB price, with their optimism further supported by the latest community developments.
Shiba Inu Burn Rate Blows Up 1000% As Over 6M Coins Destroyed
As per an X post by the burn tracker Shibburn on January 24, the intraday Shiba Inu burn rate spiraled 1041%, propelling market optimism surrounding the meme crypto. Primarily, as 6.7 million tokens were removed from the circulating supply, traders and investors anticipated price gains ahead, mirroring the law of supply and demand.
For context, the meme coin’s burn mechanism sends SHIB tokens to a null address, thereby permanently removing them from the supply. In light of the abovementioned blow, market watchers expect a potential upswing despite the demand remaining the same.
Latest Community Developments Inject Additional Optimism
Simultaneously, it’s worth mentioning that the leading meme coin‘s community has also secured a landmark achievement recently. The introduction of ShibOS, a blockchain-based operating system, has emerged as a revolutionary action in the Web3 space.
Notably, the SHIB community introduced ShibOS, offering users seamless Web2 to Web3 transition opportunities for various use cases. This advancement, coupled with the Shiba Inu burn rate surge, has birthed noteworthy bullishness over the meme-themed asset’s long-term forecast.
What’s Ahead For SHIB?
At the time of reporting, SHIB price witnessed a gain of nearly 1% and is trading at $0.00002028. The cryptocurrency’s 24-hour low and high were $0.00001954 and $0.00002047, flagging a highly turbulent intraday action. Notably, the broader price chart for the meme coin shows a period of sideways trading, underscoring a consolidation.
However, the abovementioned Shiba Inu burn rate surge and recent developments can push the asset to witness remarkable gains ahead. Intriguingly, a recent SHIB price analysis by CoinGape reveals that it remains vital for the coin to break the key resistance at the $0.00002 level to embark upon a bullish movement.
Besides, it’s also worth mentioning that the meme coin’s price is currently under the 50-EMA, suggesting a bearish trend for the asset. Further, another vital factor remains that 200-SMA at $0.00001925. Given that SHIB breaks below this level, a fall to $0.000018 looms. Traders and investors continue to keep the token on their radars, awaiting significant price action shifts ahead.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Altcoin
Next Meme Coin to Soar? $TRUMP is Dumping, but Investors Hyped About Solaxy Presale
Remember $TRUMP, Donald Trump’s meme coin that launched days before his inauguration as US president?
It peaked at $75 on January 19 and then took a dump to $39 the next day. It’s now $34.76 and isn’t showing any signs of recovery.
This doesn’t mean it won’t go back up – it might, but it could take some time. However, with Trump’s recent crypto executive order and the SEC’s rescinding of SAB 121, $TRUMP could pump sooner rather than later.
But until then, we’re looking at another meme coin in presale that’s showing stellar potential, Solaxy ($SOLX).
As the first Solana Layer-2 chain, it has a first-mover advantage that could propel it to the top of the crypto charts after listing.
Let’s discuss the context and how Solaxy could benefit and become the next meme coin to soar.
$TRUMP Token – A Presidential Pump and Dump or Volatility?
The OFFICIAL TRUMP token debuted on January 17, three days before Donald Trump’s presidential inauguration.
The news received more flak than praise, as many considered a meme coin launch to be unbecoming of the United States President.
We’re not here for politics, so we’ll address the impact it had on the crypto industry – very positive. The total crypto market cap benefitted greatly from $TRUMP’s launch.
The meme coin market cap also grew by $5B from January 17–19, followed by a significant dump on Inauguration Day (likely because Trump didn’t mention crypto or Bitcoin).
Still, there’s no denying that $TRUMP…dumped. Big time, even. From an all-time high of $75 all the way to $35 today, a 53.33% decrease.
But you also can’t deny the fact it’s stabilized at the $35–$40 level, even showing signs of upward potential every now and then.
This means one thing – investors haven’t lost hope. $TRUMP should still make a comeback. After all, it’s the one and only official Trump coin.
But if you’re looking for a more optimistic alternative and the next meme coin to soar, Solaxy might be just what you need.
Solaxy Presale Raises $13.9M and Promises to Remake Solana
Solaxy ($SOLX) is the first Solana Layer-2 chain in the world. It has multi-chain compatibility, is technically infinitely scalable, and promises zero downtime and network congestion for Solana transactions.
The coin launched on Ethereum but seamlessly bridges to Solana, which means you’re getting the best of both worlds in one project.
Solana is known for its network congestion and failed transactions, but Solaxy aims to fix that through robust liquidity, scalability, speed, and performance. Here’s how:
- Off-chain processing: By offloading transactions to the Layer-2 chain, Solaxy can reduce the burden on Solana, ensuring smooth and fast operations.
- Transaction bundling: Processing transactions in bundles rather than individually can optimize scalability, keep costs low, and improve throughput.
- Layer-1 settlement: By finalizing the transactions on Solana’s mainnet, Solaxy gains the blockchain’s robust security, ensuring user fund safety.
The presale has raised over $13.9M so far, with a token price of $0.001612. Investors have also staked over 4.1B tokens with a 275% staking APY.
In our Solaxy price prediction, we estimated it could reach $0.032 by the end of 2025, a 1,885% increase from its current price.
Given its first-mover advantage, $SOLX is showing clear potential, even when compared to other top meme coins on the market.
To buy it, go to the presale website, connect your wallet, and purchase $SOLX using one of the supported currencies.
But remember, this is no financial advice, and investing in meme coins always carries risks. Do your own research and understand that you can always lose your investment if volatility doesn’t play in your favor.
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