Dogecoin Drops 4% as New Meme Coin Presale Tops $1.8 Million[embed]https://www.youtube.com/watch?v=nwmtfndIsCc[/embed]

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</div></div></div><p>The price of Dogecoin dropped by 4% in the past 24 hours, trading at <a href="https://coinmarketcap.com/currencies/dogecoin/">$0.1226</a> as of 3:10 a.m. EST, amidst a trading volume decrease of 40%, down to $877.3 million.</p>
<p>Although the oldest and largest meme coin in the world is still over 14% higher on the 7-day chart, it experienced a significant price decline coinciding with the arrival of September 30.</p>
<h2>Dogecoin Price Forecast</h2>
<p>Dogecoin's price appears to have found support at $0.122, managing to stay slightly above this level for the last few hours, indicating a degree of price stabilization. Technical indicators reflect this stability, although a price rally could occur if bullish momentum builds in the coming hours.</p>
<p>Currently, the Bollinger bands for Dogecoin have contracted compared to their wider state during the price decline. However, during the downturn, the price consistently pushed down the lower band, suggesting that while the narrowing is typically not bullish, the price returning towards the midpoint between the upper and lower bands signifies a positive shift.</p>
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<p>Concurrently, the coin's Relative Strength Index (RSI) has reached a neutral position at 47.92 at the time of this writing. Previously, the RSI soared into the overbought territory, hitting 70, only to plummet to 20 in the oversold region.</p>
<p>This indicates that traders seized the opportunity to take profits once the RSI hit the high of 70. The rebound into the neutral zone suggests some level of stability, at least temporarily.</p>
<p>Looking ahead to the short term, the coin may experience a recovery in the upcoming hours, as is often seen following a sharp decline like DOGE has endured in the last day. However, it is evident that Bitcoin's volatility greatly impacts DOGE, leading the meme coin to likely follow Bitcoin's trend, similar to the general market behavior.</p>
<h2>An Exciting Alternative to Dogecoin</h2>
<p>In light of Dogecoin's downward trend, investors might want to explore a new presale named Crypto All-Stars (STARS), which has already raised over $1.8 million.</p>
<p>Crypto All-Stars is focused on staking and introducing a groundbreaking staking smart contract called MemeVault. This innovative product allows users to stake any leading meme coin.</p>
<p>For those with significant meme coin holdings, this feature could transform staking logistics, as it eliminates the need to stake each coin within separate contracts.</p>
<p>MemeVault already accommodates various coins, including Dogecoin, Pepe, Floki, Brett, Turbo, and Milady Meme Coin, alongside its own token, STARS. To stake other meme coins, users must hold a certain amount of STARS.</p>
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<p>YouTuber ClayBro, who has over 130k subscribers, predicts “a significant bullish market ahead” for Crypto All-Stars.</p>
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<p>The price of STARS tokens is currently only $0.001471, and they can be purchased with ETH, USDT, BNB, DOGE, FLOKI, SHIB, PEPE, or through bank cards. Take advantage of this opportunity before the price rises in under 23 hours.</p>
<p>Learn more at the official STARS website.</p>
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