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Cryptocurrency News Articles
Trump’s 2024 Win Sparks a Crypto Surge, Boosting Meme Coins Like Dogecoin and Pepe, While New Contender XYZVerse Unites Sports Fans and Aims for Massive Growth
Nov 18, 2024 at 10:33 pm
Donald Trump's victory in the 2024 election has sent ripples through the cryptocurrency market. Established meme coins like Dogecoin and Pepe Coin have seen significant boosts.
As Donald Trump secures victory in the 2024 presidential election, the cryptocurrency market is abuzz with excitement. Meme coins, known for their rapid price movements and enthusiastic communities, are experiencing a surge in popularity once again. Among them, Dogecoin (DOGE) and Pepe Coin (PEPE) have seen substantial gains, piquing the interest of investors seeking high-growth digital currencies.
In this article, we will delve into the recent performance of DOGE and PEPE, highlighting their price trends and technical analysis. We will also introduce XYZVerse, a memecoin that aims to unite sports fans across various fields and endeavors to achieve massive growth through a community-driven platform.
1. Dogecoin (DOGE)
Over the past week, Dogecoin has experienced a remarkable price increase of 90.55%. Over the last month, the growth is even more significant at 214.40%. Looking at the six-month span, DOGE has risen by 140.61%. Currently trading between $0.18 and $0.33, this cryptocurrency is showing substantial volatility and upward momentum.
According to technical analysis, the nearest resistance level for DOGE is at $0.39, with a second resistance at $0.54. Breaking through these levels could lead to further price gains. On the downside, the nearest support level is at $0.0904, which could act as a safety net if the price dips. The Simple Moving Averages for both 10 days and 100 days are at $0.37, indicating a consistent trend over these periods.
2. Pepe Coin (PEPE)
PEPE, a meme coin named after the popular internet frog meme, has also seen impressive price movements recently. Over the past week, its price surged by 94.75%. In the last month, it climbed by 106.29%. Over six months, it has risen by 125.17%. The current price ranges between $0.000009034 and $0.00001431.
The technical analysis data suggests potential for further growth. The Relative Strength Index is at 54.00, indicating neutral momentum. The Stochastic at 59.37 hints at possible upward movement. Despite a slightly negative MACD level of -0.00000004675, the 10-day Simple Moving Average is at $0.00002056, which is above the current price, suggesting a possible increase.
If PEPE continues to rise, it may reach the nearest resistance level at $0.00001629. Breaking this could lead to the second resistance at $0.00002156, potentially increasing by around 40% from the current price. If the price falls, it could test the nearest support level at $0.000005738, a decrease of about 60% from current levels. Monitoring these levels is crucial.
3. XYZVerse (XYZ)
In the realm of meme coins, a new contender has emerged, aiming to unite sports fans and achieve massive growth. Enter XYZVerse, a memecoin that aspires to surpass the incredible gains of PEPE and MOG. This digital currency is designed to capitalize on the booming interest in prediction markets and fan engagement.
The all-sports meme token users should check out
XYZ is an exclusive VIP pass to a sports-driven, meme-fueled fun. Think of it as the MVP of the XYZVerse ecosystem, where degens can score big off the growing demand for prediction markets.
Picture this: Polymarket hitting $1 billion in trading volume during the US presidential election – now throw in the hype of meme coins and the thrill of sports betting. With millions of sports fans ready to hit the field, cash in the XYZVerse ecosystem is set to keep expanding.
XYZ presale is a first-quarter chance to get in before the explosion.
In 2024, meme coins are the undisputed champions of the crypto world, and XYZ is set to crush the competition. With potential returns that will blow past the finish line, the presale plan draws a hefty 99,900% growth by the TGE.
With upcoming listings on major CEX and DEX platforms, rock-solid defense in the form of audited smart contracts, and a fully vetted team, XYZ is already ahead of the game. The first-mover advantage is key here.
Interested traders can grab their XYZ tokens now.
Conclusion
As the bull run of 2024 continues to unfold, meme coins are experiencing a resurgence in popularity. While DOGE and PEPE have seen impressive gains, a new generation of memecoins, such as XYZVerse
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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