The price of leading meme coin Dogecoin (DOGE) is significantly affected by its strong relationship with Bitcoin (BTC). Both currencies use Proof of Work (PoW) consensus. This method is considered by some to be outdated when compared to more modern and energy-saving alternatives.
The recent decline in the entire cryptocurrency market, especially Bitcoin, probably also contributed to the decline in DOGE’s value.
DOGE enthusiasts had set a price target of $0.20, but the decline in the broader crypto market proved to be a hurdle. The value of the meme coin had fallen below the critical support level of $0.15, raising concerns about a potential additional decline. However, as of the time this news was written, DOGE increased by 5 percent and reached 15 dollars again.
Analysts see a possible support range between $0.143 and $0.146. However, if the price falls below this range, it is likely to initiate a more significant decline.
Although there is a negative outlook in the short term, there are signs of potential positive developments for DOGE. Demand for DOGE is currently significantly higher than supply, indicating continued investor enthusiasm.
However, investors are also turning to Dogecoin alternatives. Just as the number of whales purchasing Dogeverse tokens in projects with ongoing pre-sales is increasing, the demand for 99Bitcoins tokens is also increasing.
Dogeverse (DOGEVERSE) Comes to Be More than a Meme Coin
Dogeverse (DOGEVERSE) is a cryptocurrency that operates on multiple blockchain networks and offers the ability to earn rewards through staking. This project accompanies a new journey by launching on six major blockchain networks: Ethereum, BNB Chain, Polygon, Solana, Avalanche and Base. While the number of people trusting the project is increasing thanks to its multi-chain feature, Dogeverse token purchases have exceeded 13 million dollars.
Using this token, a connection can be established effortlessly between Ethereum and Solana, thus providing access to Solana’s fast and cost-effective ecosystem. Considering that DOGEVERSE is not limited to just one chain, the options for elements like DeFi and NFTs are almost endless.
In addition to the ability to support a variety of chains, Dogeverse also has a staking system that allows owners to receive passive benefits. The annual percentage return is reportedly up to 70 percent and more than 23 billion DOGEVERSE tokens are currently staked. The integration of multi-chain architecture and the provision of staking rewards could potentially give Dogeverse a competitive advantage over many of its peers.
On the other hand, whales also have their eyes on this project. Famous cryptocurrency influencer Jacob Bury reports that a meme coin whale purchased $183k worth of Dogeverse tokens.
The excitement surrounding Dogeverse has reached its highest point as it has reached its final round of pre-sale. Already with over $13 million in funding, this cross-chain coin is proving to be an attractive opportunity for investors.
Dogeverse is in its final pre-sale phase before its highly anticipated DEX listing, offering one last opportunity to grab the tokens at a discounted price.
99Bitcoins (99BTC) – Attracts Attention with Its Structure Oriented to Learning and Earning
99Bitcoins (99BTC) is one of the oldest and most reliable sources of information about Bitcoin. The platform includes training on everything from buying Bitcoin, Bitcoin mining, BTC wallets and the best Bitcoin exchanges. For example, 99Bitcoins mining calculator is one of the go-to tools for BTC investors and mining enthusiasts.
With years of experience, the platform has put its own token, 99BTC, on pre-sale. Thanks to intense 99Bitcoins token purchases, the fund raised exceeded $1.1 million. Currently, those who want to purchase 99BTC can obtain the token for $ 0.00104.
99Bitcoins YouTube channel has more than 700 thousand subscribers. His videos on “What is Bitcoin” and “How to Mine Bitcoin Using Your Own Computer” have been viewed millions of times. Similarly, the 99Bitcoins website has close to 3 million subscribers.
99Bitcoin is designed to maximize the financial benefits of learners and token holders, encouraging them to take full advantage of the platform’s learn-earn resources.
All 99BTC token holders can stake their assets starting from the pre-sale. According to the 99Bitcoins staking dashboard, stakers are currently seeing a return of over 1,400 percent.
The project offers a learn-win approach that offers rewards. As individuals learn about crypto money, they earn crypto money. These are achieved through the use of a number of different educational tools, such as exams. Successfully completing these challenges allows you to move up the rankings on 99Bitcoins.
As you go through these, more rewards are earned while gaining access to more courses. In addition to the pre-sale opportunity, 99Bitcoins is also offering a reward worth $99,999. The protocol rewards three participants who follow, retweet or sign up on the website with a collective $99,999 worth of Bitcoin.
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