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Reading: DOGE Jumps 4% After Elon Musk’s Tweet; New PEPE Rival Surges[embed]https://www.youtube.com/watch?v=dl–AJ_OLYY[/embed]
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Kriptoteka > Market > Meme > DOGE Jumps 4% After Elon Musk’s Tweet; New PEPE Rival Surges[embed]https://www.youtube.com/watch?v=dl–AJ_OLYY[/embed]
Meme

DOGE Jumps 4% After Elon Musk’s Tweet; New PEPE Rival Surges[embed]https://www.youtube.com/watch?v=dl–AJ_OLYY[/embed]

marcel.mihalic@gmail.com
Last updated: October 18, 2024 10:22 pm
By marcel.mihalic@gmail.com 6 Min Read
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<div wp_automatic_readability="112.16633663366">

        <div class="telegrame_cta_content"><div class="wrap" wp_automatic_readability="5.3142857142857"><div class="telegrame_cta_content_inr" wp_automatic_readability="28.342857142857"><p>Join Our <u><a href="https://t.me/insidebitcoins" target="_blank" rel="noopener">Telegram </a></u>channel for the latest news updates on breaking stories</p>
</div></div></div><p>The Department of Government Efficiency price surged by 4% in the past 24 hours <a href="https://www.coingecko.com/en/coins/department-of-government-efficiency">trading at $0.000005919</a> as of 6:40 a.m. EST, despite a 30% decrease in trading volume to $266,700.</p>
<p>The increase in the DOGE price followed a tweet from Elon Musk stating “D.O.G.E will fix it” in reaction to California officials denying more SpaceX rocket launches.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true" wp_automatic_readability="8.1818181818182">
<p lang="en" dir="ltr">This is so ridiculous. SpaceX is literally America's only chance to stay ahead of China in space, and these folks are monitoring X posts??? <a href="https://t.co/P1Sx6oGJ6E">pic.twitter.com/P1Sx6oGJ6E</a></p>
<p>— Noah Smith 🐇🇺🇸🇺🇦🇹🇼 (@Noahpinion) <a href="https://twitter.com/Noahpinion/status/1846036183618670776?ref_src=twsrc%5Etfw">October 15, 2024</a></p></blockquote>

<p>Musk was referencing Donald Trump’s intention to appoint him to the Department of Government Efficiency (DOGE) if he regains the presidency after next month’s election.</p>
<h2>Department of Government Efficiency Price Forecast</h2>
<p>The UNI/USDT price has been on a strong upward trend, reaching a high of $0.00006009. However, following that peak, it has retraced approximately 12.85%, dropping to $0.00005609. The chart indicates a significant support level at 0.0000496, which has previously served as a solid base, and if the price stabilizes at this point, it may attract buyers and push the price upward again.</p>
<p>A parabolic curve is also forming, indicating rapid upward movement. The bullish momentum is likely to persist if the support level at $0.0000496 is maintained.</p>
<p><picture decoding="async" class="aligncenter wp-image-588401 size-full">
<source type="image/webp" srcset="https://insidebitcoins.com/wp-content/uploads/2024/10/DEXTools.io_D.O.G.E_USD-UNI_2024-10-17_15-17-05.png.webp 1319w, https://insidebitcoins.com/wp-content/uploads/2024/10/DEXTools.io_D.O.G.E_USD-UNI_2024-10-17_15-17-05-300x130.png.webp 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/DEXTools.io_D.O.G.E_USD-UNI_2024-10-17_15-17-05-1024x443.png.webp 1024w, https://insidebitcoins.com/wp-content/uploads/2024/10/DEXTools.io_D.O.G.E_USD-UNI_2024-10-17_15-17-05-768x332.png.webp 768w" sizes="(max-width: 1319px) 100vw, 1319px"/>
<img decoding="async" src="https://insidebitcoins.com/wp-content/uploads/2024/10/DEXTools.io_D.O.G.E_USD-UNI_2024-10-17_15-17-05.png" alt="Department of Government Efficiency Price" width="1319" height="571" srcset="https://insidebitcoins.com/wp-content/uploads/2024/10/DEXTools.io_D.O.G.E_USD-UNI_2024-10-17_15-17-05.png 1319w, https://insidebitcoins.com/wp-content/uploads/2024/10/DEXTools.io_D.O.G.E_USD-UNI_2024-10-17_15-17-05-300x130.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/DEXTools.io_D.O.G.E_USD-UNI_2024-10-17_15-17-05-1024x443.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/10/DEXTools.io_D.O.G.E_USD-UNI_2024-10-17_15-17-05-768x332.png 768w" sizes="(max-width: 1319px) 100vw, 1319px"/>
</picture>
</p>
<p style="text-align: center;">DOGEUSDT Analysis Source: Dextools.io</p>
<p>The 50-period SMA aligns closely with $0.0000496, coinciding with the current support level and providing dynamic support if the Department of Government Efficiency price experiences a downturn. The 200-period MA is positioned lower at 0.0000421, indicating a bullish trend in the long run, although a significant pullback could occur if this support is breached.</p>
<p>The MACD remains in bullish territory. The MACD average line is above the signal line and rising, suggesting strong buying pressure persists. Moreover, the histogram bars are positive, reinforcing the likelihood of continued bullish movement if prices remain above the support levels. The Relative Strength Index (RSI) currently sits at 52.06, indicating a neutral market without being overbought or oversold.</p>
<p>If prices stay above $0.0000496, the bullish trend could remain intact, potentially pushing toward the recent high of $0.00006009. Conversely, a break below $0.0000496 may lead to a deeper correction towards $0.0000421.</p>
<h2>Emerging PEPE Competitor Surges Towards $21 Million In Presale: Will It Be The Next Crypto Sensation?</h2>
<p>As traders focus on the Department of Government Efficiency price, investors are rapidly acquiring Pepe Unchained (PEPU), a new layer 2 PEPE derivative that has successfully crossed $20.1 million in presale.</p>
<p>PEPU distinguishes itself from other meme coins by featuring an impressive Layer-2 network, Pepe Chain, optimized for rapid meme coin trading.</p>
<p>This chain enables transactions that are up to 100 times faster than Ethereum and significantly reduces gas fees. It also integrates seamlessly with Ethereum’s dApps and services, providing the best of both worlds.</p>
<p>The team behind the project recently launched a new developer grant initiative named “Frens with Benefits,” aimed at attracting new talent and fostering growth within the Pepe Chain ecosystem.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true" wp_automatic_readability="7.9710144927536">
<p lang="en" dir="ltr">WE JUST HIT $20M RAISED!</p>
<p>As we celebrate this achievement, we have a major project update for our amazing community! <a href="https://t.co/z9xlqZ2dAV">pic.twitter.com/z9xlqZ2dAV</a></p>
<p>— Pepe Unchained (@pepe_unchained) <a href="https://twitter.com/pepe_unchained/status/1846622835449778285?ref_src=twsrc%5Etfw">October 16, 2024</a></p></blockquote>

<p>Investors also have the opportunity to stake $PEPU tokens for an annual return of 110%. Over 1.4 billion PEPE tokens have already been staked.</p>
<p>According to an analysis on the 99 Bitcoins YouTube channel, boasting over 706k subscribers, PEPU could potentially experience a 100X increase post-launch.</p>
<noscript></noscript>
<p>Currently, $PEPU tokens are available for $0.0103 and can be purchased with $ETH, $USDT, $BNB, or bank cards.</p>
<p>Buy PEPU tokens through the official website here.</p>
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