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Cryptocurrency News Articles
Dogecoin Eyes a $1 Climb with Elon While JetBolt Presale Skyrockets
Dec 24, 2024 at 08:00 pm
Dogecoin (DOGE) has been trading between $0.30 and $0.40 for the past month, leaving crypto aficionados wondering if it can regain pace and reach
Cryptocurrency Dogecoin (DOGE) has been trading within the $0.30 to $0.40 range for the past month, with many crypto enthusiasts wondering if DOGE can regain pace and reach $1 by 2025, especially given Elon Musk’s influence in propping up the meme coin.
While Musk’s occasional mentions of DOGE have already inspired rallies, it appears that Dogecoin will need more than short-lived buzz to break beyond the $1 barrier.
Trading at a press time price of $0.32, DOGE is below its critical resistance level of $0.42, with barriers that necessitate greater catalysts for a breakout.
A glance at Dogecoin’s price chart on CoinMarketCap reveals a noticeable decline, with DOGE dropping to its current level of $0.32. Adding to concerns, a recent report from U.Today labeled the decline in Dogecoin’s trading volume as “worrying.”
Usually, high trading volumes indicate strong support for upward price movements. However, Dogecoin's dropping trading volume could indicate waning interest from investors, which may explain DOGE’s slow price action.
Meanwhile, Musk’s influence in propelling DOGE to its historic $1 rally will remain to be seen in the upcoming term of Trump and Musk’s position as the co-head of the D.O.G.E. agency.
For now, Dogecoin needs to show resilience and break through the $0.42 resistance before targeting higher levels like $1.
JetBolt Presale Soars, with Over 200 Million Tokens Sold
While Dogecoin still needs to break through its current levels before having a strong foundation to reach $1, the new altcoin JetBolt is blazing with an astonishing presale achievement—selling over 200 million tokens since its presale began.
But beyond the numbers, JetBolt is already an interesting coin to watch. With its groundbreaking features, it’s no surprise why blockchain whales and next-generation altcoin enthusiasts are keeping a close eye on this young token.
One of JetBolt’s main attractions is its zero-gas technology. This high-tech feature enables crypto users to perform hassle-free, gasless blockchain transactions.
JetBolt’s zero-gas tech feature also benefits developers, as they no longer have to pay hefty gas fees to build a wide range of blockchain applications. Apart from zero-gas fee transactions, JetBolt also makes crypto staking fun and less intimidating.
Its innovative crypto-staking platform allows stakers to earn bonus rewards when they connect with friends on the platform. JetBolt also provides token holders with an artificial intelligence (AI) crypto insights tool.
This interesting feature allows them to explore blockchain news and other trending developments in the Web3 space. Making its presale phase even more exciting, JetBolt offers early buyers exclusive perks.
One of these is the chance to get up to 25% extra tokens when they purchase Alpha Boxes or JetBolt tokens in batches. With the revolutionary features and presale advantages JetBolt offers, it’s becoming clearer why JetBolt has achieved such a massive milestone despite being relatively new to the market.
Conclusion — Dogecoin Eyes a $1 Climb with Elon While JetBolt Presale Skyrockets
Dogecoin’s soar to $1 is out of reach yet, as it needs more than Musk’s influence to reach this level. Meanwhile, young altcoin JetBolt continues its steady ascent as its presale continues to gain massive traction from large buyers.
JetBolt has captivated early buyers with its stellar presale figures, exciting perks, and, most importantly, its fresh, high-tech features like zero-gas technology.
Discover more about JetBolt by visiting the official JetBolt website today.
This article does not offer any financial advice. Always conduct thorough and independent research before acquiring any cryptocurrency. Remember, all crypto assets are inherently risky and can be highly volatile.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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