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With Ethereum Eyes at $5,000, traders are turning their eyes to Dogen, a high-moment meme coin for a 100x surge.
As Ethereum (Eth) prepares for a surge of up to $5,000, it is turning its attention to lesser-known cryptocurrencies with potential for even greater profits. This token can multiply its value by 100 times before Ethereum makes this move. Exploring its unique features may reveal why it is poised to become the next breakout star in the crypto world.
Dogen rises 500% after Dex: Is it a CEX breakout next?
A meme coin for those who are restless, Dogen is making waves with its massive price action and powerful market momentum. Built for the winners, Dogen embraces the Alpha mentality and attracts a growing community of over 30,000 followers on X.
Since the Raydium Dex debuted on February 4th, Dogun has consolidated around $0.002 after surged to an all-time high of $0.0066. Even at this level, it's up 566% from the lowest price of $0.0003.
With a $5.5 million pre-sale, Dogen has already proven strong early demand, setting the foundation for continued growth.
Dogen's Full Dilution Evaluation (FDV) is currently at $28 million, with a chance of rising to $40 million, suggesting a short-term target of over $0.004.
Recent price actions show that Dogen is testing critical support within the descending channel. A breakout above $0.0032 indicates a trend reversal, potentially pushing Dogen into $0.0056, matching its previous zone of resistance.
With just one billion tokens (10% of total supply) circulating, Dogen's prices are extremely sensitive to surges in demand, setting a volatile yet bullish trajectory.
Major centralized exchange (CEX) listings are expected soon. This is a move that could unlock fresh liquidity and encourage new investors' interest. Historically, CEX lists are the turning point for meme coins, driving a rapid price surge.
The journal of crypto influencer Eezzy (50K+ subscriber) has already highlighted Dogen as a competitor for top Solanamemmecoin, achieving a market capitalization target of over $100 million. If Dogen reaches this milestone, it could potentially see a triple increase from its current level.
Dogen has already shown the potential for an explosive rally, and with the upcoming CEX list, momentum is gaining momentum to boost another leg.
If speculation continues, Dogen can quickly regain $0.005 or enter the parabolic price discovery phase, which exceeds the current FDV cap.
As the hype grew, early entries could see a huge advantage, but once CEX FOMO begins, the window of opportunity may close.
Ethereum's eyes are breakout
Ethereum is trading between $2,677 and $2,831 and is fighting to regain a higher level. The RSI of 66.15 shows momentum, but the 10-day moving average of $2,769 exceeds the 100-day average of $2,719, indicating short-term strength.
If ETH breaks the $2,914 resistance, it aims to earn $3,159, a profit of around 13%. However, if you can't keep support at $2,426, the gathering could be late.
A weekly price increase of 4.52% suggests increased reliability despite a one-month decline of over 16%. Data shows potential breakouts, and with the Altcoin season approaching, ETH may soon see an upward movement.
Conclusion
Coins like ETH may not be short-term, but Dogen stands out. Designed for those looking for luxury and success, Dog En has the potential to return thousands of times this altcoin season.
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