A new meme-inspired token on Solana is stirring excitement among crypto enthusiasts. With whispers of astronomical growth and the potential to surpass the phenomenal returns of coins like SHIB and PEPE, it has caught investors’ eyes. Is this the next digital asset poised to skyrocket by 50,000%, offering unprecedented opportunities?
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.
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.
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
Shiba Inu (SHIB): An Ethereum-Based Memecoin with Growing Utility
Shiba Inu (SHIB) is a cryptocurrency that began as a Dogecoin-inspired memecoin but sets itself apart by operating on the Ethereum blockchain. Launched in August 2020 by the anonymous creator Ryoshi, it started with a supply of 1 quadrillion tokens. Half of these were sent to Ethereum co-founder Vitalik Buterin, who donated a significant portion to the India Covid Crypto Relief Fund and burned 40% of the total supply. SHIB’s integration with Ethereum enables features like ShibaSwap, a decentralized exchange, and plans for non-fungible tokens (NFTs) and decentralized governance. This connectivity positions SHIB for broader utility in the crypto space. With ongoing developments, SHIB continues to attract attention in the current market.
PEPE: The Deflationary Memecoin Inspired by Pepe the Frog
PEPE is a deflationary cryptocurrency on the Ethereum network, inspired by the Pepe the Frog meme. Aiming to follow the success of memecoins like Shiba Inu and Dogecoin, PEPE stands out with no transaction taxes and embraces its memecoin identity without utility. It reached a peak market cap of $1.6 billion in mid-2023, building a vibrant community.
The roadmap focuses on increasing visibility through social media trends and exchange listings. A burning mechanism reduces supply, and a redistribution system rewards long-term holders, enhancing stability. As an ERC-20 token, it benefits from Ethereum’s security and is available on Uniswap, Binance, and KuCoin. Given its popularity, PEPE is gaining attention in the current market.
Conclusion
SHIB and PEPE have less short-term potential, while DOGEN emerges as the meme token for those seeking luxury and success. Expected to grow 700% by presale’s end, with possibilities of thousand-fold returns this altcoin season, DOGEN follows the successful examples of BONK, WIF, and Popcat. Offering real benefits and exclusive perks, DOGEN builds a community of alpha leaders.
Disclaimer: This article is sponsored content provided by a third party and does not constitute financial or investment advice. Cryptocurrency investments carry inherent risks, and readers should conduct their own research before making any investment decisions. When considering ICOs, be sure to evaluate aspects like the whitepaper, team, partnerships, and tokenomics.
