Dogecoin Soars 10% as PEPE Derivative ICO Nears $30M Mark[embed]https://www.youtube.com/watch?v=urJcIJDtP3k[/embed]

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</div></div></div><p><span style="font-weight: 400;">Dogecoin's price has surged over 10% in the past 24 hours </span><a href="https://www.coingecko.com/en/coins/dogecoin"><span style="font-weight: 400;">trading at $0.1465</span></a><span style="font-weight: 400;"> as of 11:16 p.m. EST, with trading volume rising 20% to $2.24 billion.</span></p>
<h2><b>Indicators Reveal Dogecoin Price is in a Bullish Uptrend</b></h2>
<p><span style="font-weight: 400;">Since October 8, Dogecoin has been experiencing a continuous bullish uptrend, with buyers taking the lead at the $0.099 support level, according to the DOGE/USDT chart analysis on the 12-hour timeframe.</span></p>
<p><span style="font-weight: 400;">The price has seen a parabolic increase following a brief downtrend, forming a rounding bottom pattern that bulls are now leveraging to drive prices higher.</span></p>
<p><span style="font-weight: 400;">Currently, DOGE is trading above its 50-day and 200-day Simple Moving Averages (SMAs), confirming the ongoing upward movement.</span></p>
<p><span style="font-weight: 400;">Additionally, the Relative Strength Index (RSI) stands at 79.76, indicating an overbought condition. This suggests that the price has rapidly escalated and may soon face a brief setback or consolidation before continuing its rise. However, in robust bullish markets, the RSI can remain in overbought territory for extended durations.</span></p>
<p><span style="font-weight: 400;">The Moving Average Convergence Divergence (MACD) line (blue) has crossed above the signal line (orange), generating a bullish signal. The positive histogram indicates increasing momentum upward. Furthermore, the MACD line is above the zero line, reinforcing bullish momentum, suggesting the price may maintain its upward trajectory.</span></p>
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<img fetchpriority="high" decoding="async" src="https://insidebitcoins.com/wp-content/uploads/2024/10/DOGEUSDT_2024-10-19_06-16-40.png" alt="Dogecoin Price" width="1262" height="543" srcset="https://insidebitcoins.com/wp-content/uploads/2024/10/DOGEUSDT_2024-10-19_06-16-40.png 1262w, https://insidebitcoins.com/wp-content/uploads/2024/10/DOGEUSDT_2024-10-19_06-16-40-300x129.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/DOGEUSDT_2024-10-19_06-16-40-1024x441.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/10/DOGEUSDT_2024-10-19_06-16-40-768x330.png 768w" sizes="(max-width: 1262px) 100vw, 1262px"/>
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<p><i><span style="font-weight: 400;">DOGEUSDT Chart Analysis (Source: Tradingview)</span></i></p>
<h2><b>Forecasting Dogecoin's Price</b></h2>
<p><span style="font-weight: 400;">The current analysis of Dogecoin's price indicates a bullish trend, with price movements exceeding significant resistance levels (50-day SMA) and technical indicators signaling upward momentum.</span></p>
<p><span style="font-weight: 400;">If the bullish momentum persists, there may be a further increase towards the next resistance level at $0.164.</span></p>
<p><span style="font-weight: 400;">Nonetheless, the overbought RSI hints at potential short-term retracement or consolidation prior to continued ascension. In such a case, the subsequent support level might be near the 200-day SMA around $0.11.</span></p>
<p><span style="font-weight: 400;">Meanwhile, as Dogecoin's valuation climbs, investors are increasingly turning their attention to a new PEPE alternative known as </span><span style="font-weight: 400;">Pepe Unchained (PEPU)</span><span style="font-weight: 400;">, which renowned crypto YouTuber ClayBro, boasting over 130k followers, predicts could increase 20x upon launch.</span></p>
<noscript></noscript>
<h2><b>Pepe Unchained Presale Approaches $30 Million</b></h2>
<p><span style="font-weight: 400;">Initially built on the Ethereum blockchain, Pepe has long been limited by its Layer-1 technology, which is associated with network delays and escalating gas fees.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true" wp_automatic_readability="7.7127659574468">
<p lang="en" dir="ltr">Pepe Unchained — Revolutionary Layer 2 Blockchain technology.</p>
<p>Welcome to the next generation of meme coins.  <a href="https://t.co/iC9b6YSynT">pic.twitter.com/iC9b6YSynT</a></p>
<p>— Pepe Unchained (@pepe_unchained) <a href="https://twitter.com/pepe_unchained/status/1832055677566562727?ref_src=twsrc%5Etfw">September 6, 2024</a></p></blockquote>

<p>Introducing <span style="font-weight: 400;">Pepe Unchained</span>,<span style="font-weight: 400;"> designed to release PEPE from its restrictive blockchain and prepare it for the future. The initiative aims to resolve scalability, speed, and efficiency challenges that often impact meme coins on Layer-1 blockchains like Ethereum.</span></p>
<p><span style="font-weight: 400;">The project is enhancing its visibility and functionality through the introduction of various features within the Pepe Unchained ecosystem, including a decentralized exchange, bridging capabilities, and staking rewards.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true" wp_automatic_readability="13.114285714286">
<p lang="en" dir="ltr">Pepe Unchained L2 Preview!</p>
<p>What we're creating is not just a new chain, but a complete ecosystem.</p>
<p>Pepe Unchained L2<br/>Block Explorer<br/>DEX<br/>Bridge<br/>Advanced Analytics<br/>Builder Grants</p>
<p>Pepe Unchained is on its way. And it promises to transform the crypto sphere. <a href="https://t.co/ZVnvgO6MGF">pic.twitter.com/ZVnvgO6MGF</a></p>
<p>— Pepe Unchained (@pepe_unchained) <a href="https://twitter.com/pepe_unchained/status/1839304995465998825?ref_src=twsrc%5Etfw">September 26, 2024</a></p>
</blockquote>

<p><span style="font-weight: 400;">With investor interest on the rise, the presale now boasts a collection of over $20.7 million, and more than 1.4 billion tokens have been staked, yielding an impressive annual return of </span><span style="font-weight: 400;">108% currently.</span></p>
<p><span style="font-weight: 400;">You can purchase $PEPU tokens now for $0.0109 each. With a price increase anticipated in about 1 day, make your purchase soon to secure the best rate.</span></p>
<p><span style="font-weight: 400;">To participate in the presale, </span><span style="font-weight: 400;">acquire $PEPU from the official website here</span><span style="font-weight: 400;"> using ETH, USDT, or a bank card.</span></p>
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