Dogecoin to $10? New Rival Smashes $2.7 Million Milestone

Dogecoin’s dedicated “Doge army” is questioning whether the price of their favorite meme coin will ever surpass the community’s hopeful $1 target, not to mention the even more ambitious $10 goal forecasted by analyst Ali Martinez in February.

Today, the world’s biggest meme coin appears to have taken a heavy hit. Dogecoin ($DOGE) shed 8.4% in the last 24 hours, although its seven-day, fortnight, and one-year readings are back in the green with respective gains of 1%, 11% and 60%.

The parabolic rise Martinez predicted would happen in April never materialized.

Market leader Bitcoin ($BTC) did post an all-time high of $73,737.94 on March 14, but its price has since pulled back 13.5% to $63,795 as of this writing.

Crypto’s failure to breakout into another bull run was largely due to macroeconomic effects including purse-tightening interest rate policies by the Federal Reserve and global uncertainty due to war.

Still, a look at Dogecoin’s trading chart suggests there is some space to possibly reach the $0.20 mark, a vital foothold for the token.

According to TradingView data, the token’s current price marks a pivotal moment that could send it either way.

Through mid-June to late-mid-July, the token faced stiff resistance at this level, as indicted by the horizontal red line, but managed to briefly recapture $0.14 on July 22 before spiralling down to its current level.

Source: TradingView

However, a rising relative strength index (RSI) of 36 indicates the worst of the recent selloff is over, and the token could even find new support at its current price if a new round of buying stabilizes the price.

The Next Big Doge Meme Coin is Base Dawgz

Having launched in 2013, Dogecoin has expanded significantly from its early prices.

Another project that’s redefining the meme coin is Base Dawgz ($DAWGZ) , and it’s still only in presale, so now is the perfect time to support it.

Base Dawgz launched on June 4, taking in over $200,000 within minutes as investors piled in to snap up the multi-chain meme coin with staking and share-to-earn capabilities.

But what is share-to-earn?

Simply put, the token’s ingenious marketing strategy puts community members at the core of Base Dawgz’s marketing strategy, thanks to a share-to-earn system that pays out point rewards for sharing $DAWGZ-centric content on social media.

In addition, Base Dawgz offers juicy staking rewards of 1,144%, but this rate is variable and will go down as the number of stakers increases, so it’s better to stake sooner rather than later.

Buy in now to catch this potential stratospheric new meme coin at its lowest fixed price of $0.006724 for the rest of the presale.

With multiple purchase options, including popular stablecoins like USDT and USDC, buying in is simple and secure.

However, there are just over 4 days to purchase the token before it rises to the next fixed presale price.

Don’t miss out on Base’s next big meme coin – join the Base Dawgz community on X and Telegram .

Buy Base Dawgz Here