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Dogecoin (DOGE) took a backseat recently when the memecoin spotlight was usurped by Pepe Coin (PEPE) upon its launch in April. However, PEPE has since undergone corrections, as the token’s price and liquidity seem to be spiraling downwards. DOGE, the original memecoin, now has a chance to be the top memecoin in the block once again. Dogecoin ’s (DOGE) performance, however, has been lackluster in the last couple of weeks. Although the asset has gained 1.3% in the last 24 hours, it is still down 6.9% in the 14-day charts. Additionally, since January 1, DOGE has rallied only 3.7%. On the other hand, DOGE’s biggest rival Shiba Inu (SHIB) has rallied 9.14% in the same time frame. DOGE is currently showing a bearish trend in the daily chart. Prices seem to be consolidating around the $0.07 level as of now. DOGE currently faces resistance at $0.08285, with support at $0.06604. If Dogecoin has to flip its current trend, it would need to close somewhere around $0.090. However going by the ...

Dogecoin is hovering around $0.07 and is away from the goal that its investors want to see it reach i.e $1. The meme coin touched an all-time high of $0.73 in May 2021 and is now slipping further away from $1. DOGE’s hype fizzled out in 2022, due to the cryptocurrency market crash and even Tesla CEO Elon Musk’s tweets and statements about the coin are doing nothing to help it scale up in the indices. However, DOGE investors are firm in their belief that it could hit $1 someday in the future. In this article, we will highlight if Dogecoin can cross $1 by 2030 or not. Also Read: Dogecoin: The Rise From Meme to Millions Will Dogecoin Reach $1 By 2030? Source: Analytics Insight Dogecoin will have a hard time sustainably scaling up in the indices and reaching the $1 mark. The asset has no use cases in the real world with a few businesses accepting it as payments for transactions. A group of cryptocurrency experts from the Finder’s panel recently updated their price predic...

February has been a positive month for most cryptocurrency assets. Even though some action was witnessed mid-month, Bitcoin failed the $25k re-test and has stagnated around $23k–$24k since then. As a result, most top assets have also been consolidating of late. The tale is completely different for HEX . On the daily, it noted an appreciation of around 10%, and as a result, it was one of the top gainers on Monday. In fact, the price of HEX has increased by more than 155% since the beginning of this month. For comparison, let’s check out how Dogecoin has fared so far in February. As illustrated below, the largest meme coin has shed 16% in the same timeframe. In fact, after noting an approximate 1% decline on the day, it was trading in the red at $0.081 at press time. HEX ’s landscape was characterized by strength on Monday, with its price hovering above all crucial EMAs. In addition, buying momentum was seen picking up, and the RSI was on the verge of crossing abov...