While the decline for Dogecoin, Elon Musk’s favorite, deepens, investors in the cryptocurrency market are asking, “Which are the DOGE alternative coins?” questions started to be asked.
Cryptocurrency markets started February with negative movements. Following the interest rate announcement made by the US Federal Reserve (FED), the downward momentum in the crypto markets accelerated. Among the cryptocurrencies dominated by the downward trend, DOGE attracted attention as one of the top 10 altcoins.
DOGE, which made its name with Elon Musk and made its investors happy with its rallies, entered a downward trend after the recent test of $ 0.1 and found support around $ 0.08. DOGE, which spent the first month of 2024 in the 0.08 region, managed to rise up to 0.09 in mid-January, but could not stay at this level and declined again.
Selling pressure appears to be among the reasons for the Dogecoin price drop. It is observed that the DOGE price has decreased due to selling pressure and RSI, one of the technical indicators, has levels below 50, which signal bearish training. Investors are eagerly waiting for the time when the DOGE price will rise.
According to current CoinGecko data, the loss of the DOGE price in the last year is sitting at 12.5 percent as of the time this article was written. The popular meme coin, which has lost over 14 percent in value in the last 30 days, is traded at $ 0.078 at its current price.
The meme coin DOGE, which creates unique excitement for its investors with its legendary rallies, has not been bringing much good news lately. Investors looking for a Dogecoin alternative show great interest in the Sponge project, which made 100x growth last year with its environmentally friendly crypto project eTukTuk.
Green Crypto Project eTukTuk Reached 750 Thousand Dollars
The cryptocurrency industry is positioned at the top of the industries that endanger the future of the planet. The crypto community is often the target of criticism due to its high energy usage. Some developers who take the climate crisis, one of the biggest problems of the planet we live in, seriously believe that crypto can be used for the environment, not against it.
eTukTuk, an environmentally friendly cryptocurrency project that aims to transform the electric vehicle (EV) market, aims to use blockchain technology for the environment. Knowing that the largest share in increasing carbon dioxide emissions belongs to the vehicle sector, the eTukTuk team aims to minimize both the pollution created by vehicles and the health problems associated with it.
At discounted prices with pre-sale event Buying eTukTuk tokens The project, which provides opportunities, attracts interest from environmentally conscious investors. The fact that the funds collected in the pre-sale reached 750 thousand dollars shows that there are many crypto enthusiasts who believe in the vision of the project.
eTukTuk wants to transform the public transportation sector in developing countries with green transportation solutions. The project, which wants to remove the obstacles to the adoption of electric vehicles, plans to achieve this goal with electric TukTuks.
The project team aims to save the future of our planet while also generating profits for the project investors. Crazy TukTuk, a play-to-win game powered by the TUK token positioned at the center of the project, and its staking features allow investors to earn income through different channels.
In a phased pre-sale event Buying eTukTuk tokens The sooner investors act, the more potential profits they make. Those who want to participate in the eTukTuk project, which currently meets with investors at $ 0.02625, can participate in the pre-sale with BNB, USDT, ETH and card transactions. BNB Smart Chain-based eTukTuk awaits environmentally conscious investors.
Sponge Token V2, the New Version of the 100x SPONGE Project
Among the projects that left their mark on 2023, SPONGE V2, the new version of the Sponge project, which turned out to be the whale of Tron network founder Justin Sun according to Etherscan data and excited investors by making 100x, attracts attention.
Sponge token V2, the new version of the Sponge project, which was renewed by adding functionality to its success last year, aims to provide better and greater profits. The Sponge project is gaining attention with its innovative staking mechanism.
Sponge token V2 project does not have any pre-sale events, so pre-launch Buy Sponge token V2 It is not possible. In the project with the theme of Stake and Build Bridges, investors must have SPONGE V1 to access the V2 version. Crypto enthusiasts who want to buy V2 only gain access by staking the V1 tokens they purchase.
With its innovative sales strategy, the project team not only adds functionality to the V1 token; It also increases the excitement of investors with a new game it has developed. With the Play-Win game included in the 2024 road map, participants have the chance to win more SPONGE tokens.
SPONGE V2 is built on the Ethereum blockchain, known for its security and transparency. SPONGE V2, a new ERC-20 token, leverages the power of the already successful and mature SPONGE token community.
In addition to the information that he owns more than 11 thousand SPONGE tokens, according to the project team, the market value of the token exceeds 4.4 million dollars. With the functionality it gains and the diversification of revenue models, Sponge token V2 awaits investors who believe in the future of meme coins.
Participants who want to purchase Sponge token V2 can purchase and stake SPONGE using ETH, USDT and card transactions.
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