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</div></div></div><p><span style="font-weight: 400">The Department Of Government Efficiency price has surged by 31% over the past 24 hours <a href="https://www.coingecko.com/en/coins/super-trump">to a trading price of $0.03709</a></span><span style="font-weight: 400"> as of 6:45 a.m. EST, with a trading volume increase of 6.4%, reaching $6.9 million.</span></p>
<p><span style="font-weight: 400">The increase in DOGE price followed a tweet from Elon Musk stating, “D.O.G.E will fix it,” reacting to the news of California officials rejecting further SpaceX rocket launches.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true" wp_automatic_readability="4.5671641791045">
<p lang="en" dir="ltr">D.O.G.E will fix it 🪓</p>
<p>— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1846145126868926818?ref_src=twsrc%5Etfw">October 15, 2024</a></p></blockquote>
<p><span style="font-weight: 400">During a town hall in Pennsylvania, the billionaire entrepreneur discussed his proposal for a new government agency named D.O.G.E. This department aims to optimize taxpayer spending and improve efficiency among government agencies. He suggested that its operations would resemble a business model, rewarding high performers and holding those who fall short accountable.</span></p>
<h2>Department Of Government Efficiency Price Indicates More Upward Movement</h2>
<p>The DOGE/USD chart on the hourly timeframe appears bullish. Following an extended consolidation period where the price hovered between $0.02 and $0.03, movement has finally begun. After a breakout, it formed a parabolic curve that propelled DOGE up to $0.03486. Such a rapid movement indicates robust buying momentum.</p>
<p>Technical indicators validate this bullish outlook, with the 50-period Moving Average (MA) at $0.02786 serving as a significant short-term support level. Furthermore, the 200-period MA sits at $0.01552, indicating a solid long-term uptrend for DOGE. The price's position above both moving averages is a strong indication of sustained momentum.</p>
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<img decoding="async" src="https://insidebitcoins.com/wp-content/uploads/2024/10/DEXTools.io_DOGE_USD-UNI_2024-10-18_16-28-31.png" alt="Department Of Government Efficiency Price" width="1319" height="571" srcset="https://insidebitcoins.com/wp-content/uploads/2024/10/DEXTools.io_DOGE_USD-UNI_2024-10-18_16-28-31.png 1319w, https://insidebitcoins.com/wp-content/uploads/2024/10/DEXTools.io_DOGE_USD-UNI_2024-10-18_16-28-31-300x130.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/DEXTools.io_DOGE_USD-UNI_2024-10-18_16-28-31-1024x443.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/10/DEXTools.io_DOGE_USD-UNI_2024-10-18_16-28-31-768x332.png 768w" sizes="(max-width: 1319px) 100vw, 1319px"/>
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<p style="text-align: center">DOGEUSD Analysis Source: <a href="https://www.tradingview.com/x/gll8vDgA/"><strong>Dextools.io</strong></a></p>
<p>Additionally, the Moving Average Convergence Divergence (MACD) is showing promising signs. The MACD line has crossed above the signal line, and the histogram displays positive values. Typically, traders interpret these technical indicators as confirming that upward momentum might persist. Overall, it appears that bulls are currently in control.</p>
<p>Furthermore, the Relative Strength Index (RSI) is at 60.53, indicating bullish sentiment without reaching overbought conditions, suggesting potential for further price growth.</p>
<p>Taking into account the parabolic curve and technical indicators, DOGE may soon challenge $0.04 as a significant resistance level. If momentum prevails, the subsequent target could be $0.05. As long as the price remains above the 50 MA, the bullish trend is likely to be sustained.</p>
<h2><span style="font-weight: 400">Pepe Unchained Presale Races Towards $21 Million</span></h2>
<p><span style="font-weight: 400">Meanwhile, investors looking for profitable opportunities can consider investing in the new layer-2 meme coin Pepe Unchained (PEPU), which has successfully raised over $20.4 million in this year’s largest presale.</span></p>
<p><span style="font-weight: 400">This upward trend has drawn the attention of an analyst on the 99Bitcoins YouTube channel, boasting over 706k subscribers. In a recently released video, he stated that PEPU has the potential to increase by 100X upon its launch.</span></p>
<noscript></noscript>
<p>What truly distinguishes PEPU from other meme coins is its own layer-2 network, designed to enhance meme coin trading speed significantly. This chain can process transactions up to 100 times quicker than Ethereum while reducing gas fees. Additionally, it is fully compatible with Ethereum’s dApps and services, providing users with speed without compromising on functionality.</p>
<p>The project team recently introduced a developer grant program called “Frens with Benefits” aimed at attracting new talent and fostering the expansion of 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>And with this milestone, we have another major project update to share with our incredible 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>On the investment front, PEPU holders can stake their tokens for a rewarding 109% annual return, with over 1.46 billion PEPE tokens already staked.</p>
<p>Currently, PEPU is priced at $0.0106, and purchases can be made using ETH, USDT, BNB, or even bank cards. With an upcoming price rise in just over a day, acting quickly to buy this meme coin at the best rate is advisable.</p>
<p><span style="font-weight: 400">Purchase PEPU tokens on the official website here.</span></p>
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</div><script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>DOGE Soars 31% After Elon Musk’s Tweet; PEPE Hits $21M Presale[embed]https://www.youtube.com/watch?v=dl–AJ_OLYY[/embed]
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