JetBolt (JBOLT) Steals the Spotlight as Dogecoin (DOGE) Struggles to Regain Momentum

Dogecoin (DOGE) has seen its fair share of highs and lows, but lately, the road has been rough. Trading between $0.239 and $0.185, DOGE is struggling to regain momentum

Recently, Dogecoin (DOGE) has been encountering a series of setbacks, struggling to break free from the $0.185 to $0.239 range.

Dogecoin price chart (4H) (DOGE)

In the past 24 hours alone, DOGE has slid by 12%, now trading around the $0.19 mark. This latest drop has triggered massive liquidations, exceeding $20 million in a single day and an astounding $100 million over the past week.

As investor confidence wanes, the long-to-short ratio dropped below one, indicating that more traders are positioning against DOGE. Despite the coin’s strong community support and Elon Musk’s influence, fear, and uncertainty (FUD) are spreading.

If the bears maintain control and break through the current support, we might see a deeper slide to $0.14. Moreover, the RSI is moving into oversold territory, highlighting strong selling pressure. Additionally, the MACD just confirmed a bearish crossover, further suggesting that the downtrend might not be over yet.

However, there’s still a chance for a comeback. If DOGE manages to hold support around $180, we might expect a bounce back toward $0.27. But with the current market sentiment and selling pressure, the idea of DOGE hitting $2 anytime soon feels more like a distant dream than a real possibility.

JetBolt Is Stealing The Spotlight With Nearly 340 Million Tokens Sold As Whales Take Notice

While DOGE is struggling to regain bullish momentum, JetBolt (JBOLT) is making headlines with nearly 340 million tokens sold.

This signals strong demand for the token, catching the attention of whales and developers who are eager to join the JetBolt ecosystem.

JetBolt is a new altcoin that aims to revolutionize the cryptocurrency industry with its zero-gas technology, AI-powered insights, and unique staking model.

Its focus on speed, convenience, and community is turning heads in the crypto space.

Its zero-gas technology eliminates gas fees for users and developers, who can now create Web3 applications, blockchain games, and decentralized platforms without worrying about the high Ethereum gas fees.

JetBolt’s transactions are also nearly instant, making payments seamless and efficient.

The platform’s advanced Web3 wallet enhances accessibility with biometric logins, facial recognition, and self-custodial security, catering to both newcomers and seasoned traders.

To engage users and incentivize long-term participation, JetBolt is integrating an AI-powered tool that analyzes market sentiment and provides real-time insights. The platform also introduces Proof of Attendance and Worth (PAW), a staking system that rewards users for daily logins, staking, and engagement.

Adding to the excitement, JetBolt is offering early adopters up to 25% in bonus tokens through its Alpha Box bundles.

With increasing whale interest and growing momentum, JetBolt is shaping up to be a major contender in the evolving crypto landscape.

Can DOGE Target $2 As JetBolt Grabs Whales Attention

Dogecoin’s journey to $2 remains uncertain as it faces strong selling pressure and a shaky market outlook.

If it finds support around $0.18, we might expect a rebound toward $0.27 with the first resistance at $0.239.

However, if the bears maintain control and break through the current support, we might see a deeper slide to $0.14.

Moreover, the RSI is moving into oversold territory, highlighting strong selling pressure. Additionally, the MACD just confirmed a bearish crossover, further suggesting that the downtrend might not be over yet.

On the other hand, JetBolt has already sold nearly 340 million tokens, quickly grabbing the attention of whales and developers.

Its zero-gas technology eliminates gas fees, a major hurdle for blockchain adoption.

This makes JetBolt an attractive choice for developers building Web3 applications, blockchain games, and decentralized platforms.

Speed and convenience are also key factors driving JetBolt’s growth. Transactions are nearly instant, making payments seamless and efficient.

JetBolt’s advanced Web3 wallet enhances accessibility with biometric logins, facial recognition, and self-custodial security, catering to both newcomers and seasoned traders.