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Dogechain

DC. Ascending Triangle.The time interval for the triangle formation is approx 29 days. An upward exit implies a 100% growth. If price now finds support from the long-term moving average, then the average will act as resistance in upcoming bull run of the asset. The price growth, as well as the volume growth, coincides with abnormally increased activity in Dogecoin chain. Remember that it is the Dogecoin community that is inspiration behind the creation of the smart contract blockchain for Dogecoin chain and community.
by Tropnik
DogeChainDC is DogeChain and is one of the meme coins. Truly I do not even set any targets for this as it can go completely parabolic, but first we need to get full Bullrun for Doge, after this one will follow and outperform it by many times. I do expect at least 20x from this coin. THIS IS VERY HIGH RISK but also high reward. Dogecoin $0.151 Market cap - $21,637,334,280 Dogechain $0.001024 Market cap - $27,239,426 As you can see the current market cap of Doge is bigger nearly 800x than DC. I expect DC to reach between 1 to 3 Billion $ market cap this bull run, I am holding this myself as long term token and will start selling after 1bil mcap. I'm going to make some posts about this later this year when we see some kind of action. This is kind of as low as the price of DC can get, indicators shows a bit of downside but I think it will be mostly sideways moves until Doge will start going up. THIS IS VERY HIGH RISK!!!
Long
by Achilly
Dogechain (DC/USDT) TA: Promising Entry Zones & Targets! Technical Analysis and Price Predictions for Dogechain (DC/USDT) In this technical analysis, we will explore the current status of Dogechain (DC/USDT), an EVM-compatible proof-of-stake blockchain designed to enhance Dogecoin's scalability, security, and utility. It aims to complement Dogecoin by adding smart contract functionality and supporting DeFi, NFTs, and gaming. We will also provide potential entry zones, price targets, and stop-loss levels for investors considering to enter the market. It is important to note that this analysis is not financial advice and readers should conduct their own research before investing in any cryptocurrency. Overview of Dogechain: Dogechain is an innovative blockchain that enhances Dogecoin's capabilities by introducing smart contracts and supporting decentralized finance, non-fungible tokens, and gaming applications. As a layer 2 scaling solution, Dogechain offers expanded possibilities for Dogecoin holders and supporters. Technical Analysis: Based on the higher time frame (HTF) chart, the current market sentiment indicates a potential support zone for accumulation. We are anticipating a price decline to approximately $0.0005-$0.00037, presenting an excellent buying opportunity for investors. Entry Zones: Investors looking to enter the market should consider two entry zones: Entry 1: Between $0.00057 and $0.00050 Entry 2: Within the range of $0.0003700 and $0.0004200 Price Targets: In the next bullish cycle, significant growth is expected for Dogechain. We are targeting several levels as potential price milestones: First Target: $0.00120 (a 100% increase from current levels) Second Target: $0.00170 (a 70x increase from the bottom of the market) Third Target: $0.0035 (a 45x increase from current levels) Fourth Target: $0.0080 Fifth Target: $0.0150 Sixth Target: $0.0250 Stop Loss: Due to the high potential rewards, setting a relatively higher stop-loss level is advised. If the price drops below $0.00035, it is recommended to exit the position. This stop-loss level represents a decrease of approximately 30% from the current market price and 5-10% from the identified accumulation zone. Follow us for More Quality Analysis.
by CryptoPatel
3
$GRIMACE IS A NEW BIG ROCKETToday I will share with you one theory regarding the adoption of cryptocurrencies by large corporations and how McDonald's is moving towards the adoption of DOGE through the MEXC:GRIMACEUSDT coin invented by them. On January 25, 2022, Elon Musk tweeted the following: “I will eat a happy meal on tv if @McDonalds accepts Dogecoin” On 01/26/2022, the official @McDonald's account replied to @elonmusk tweet: “only if tesla accepts grimacecoin”. 06/06/2023 – the official twitter account of McDonald's announces Grimace’s Birthday. Would it be a coincidence if I said that Grimace's birthday and the listing of the token on MEHS were on the same date? July 12, 2023. McDonald's hasn't mentioned its character since 2018 before this day and now has launched a full-blown promotion? Okay, you'll say it's a typical memcoin created on a hype wave. And I'll say that the token was created in February 2023 and the development team didn't just create a sht. The coin was released with an 1,000,000 supply on the dogechain network. It had a capitalization of 13 mln (at the time of listing) and 12mln even before listing. Shitcoin? Okay, here are a couple more examples of why it's a gem: The team developed their swap tool the moment KibbleSwap stopped working and did it in 24 hours to ensure they could buy and sell tokens on the dogichain network for their users. The razrbochtik team created an earn-2-play game and has already paid out over $25,000 in 3 weeks The community is growing and rewards. More than 3 contests and 2 airdrops amounting to more than $150,000 were held in a month. The project has tokenomics, whitepapper and live twitter. The team has announced NFT, burning and steaming. Now take a look at the chart. In the support zone interest from buyers is not just from whitepappers who have been buying from the bottoms and made x1000, there is live buying going on in this range, which the market maker is holding back. Also, the team announced new listings, I am sure that on the tier1-2 exchange we will be able to break through the resistance of the phyb 0.362 and fly into the space.
GLong
by swanky-lol
4
DogeChain - ready for a doge raceWhat is DogeChain? DogeChain branded as Layer 2 for DogeCoin aims to supercharge $Doge by bringing crypto applications such as NFTs, games, and DeFi to the $Doge Community. This provides $Dogechain holders with more utility than simply holding their coins and waiting for them to increase in value. Even though it is described as a Layer 2 network, it isn’t truly the case as DogeCoin is built in a separate network on Polygon Edge, one of the most popular Ethereum layer 2. Rank #501 Marcetcap 32 Million I add to my public portfolio Best regards EXCAVO
Long
by EXCAVO
10
Layer 2 Shiba Inu: WHAT to expect and HOW to make profitThe Shiba Inu team announced the release of a Layer 2 network called Shibarium. Shibarium will run on top of the main Ethereum network, ensuring full interoperability and facilitating user and capital migration. The primary function of this network will be to launch and support decentralized applications. Shibarium will initially support $SHIB, $LEASH and $BONE as ecosystem tokens $BONE will become a native token of the network and will be used to pay for gas and reward validators. As a result, the team mentioned that Shibarium will implement a $SHIB token burning mechanism What are the pros? The main piece of good news is that the project, which began as a funny meme-token for amusement and community unity, is now getting a comprehensible product and application. The Shiba team decided against developing a separate non-EVM network in Rust or another language. They made the decision to join an EVM-like ecosystem. It will enable them to fight for the users as well as TVL. What are the cons? The native token is $BONE, not the main token of the ecosystem – $SHIB. The team may have concluded that it would protect them from the project failure, if something irreparable happened. In this case $SHIB would not get a hard hit. In our opinion, $SHIB will take the hit anyway. As we see in the main graphics, $SHIB and $BONE have a similar reaction. The only difference is in the percent of the price change as $BONE is a more volatile token. Thus, what is the purpose to create another token inside the ecosystem, if the main token can be recapitalized? The use of 3 tokens inside one blockchain is a weak point of the project. As we can see over time, there is no need to complicate the concept because a single native token suffices. This concept has stood the test of time and is more sustainable due to fewer risks. Another intriguing aspect is that the project team announced that Shibarium would have three main tokens, but that another token, $TREAT, would be created to stimulate users. In fact, four utility tokens will coexist on a single blockchain. It appears that the project does not require all of these tokens. If the project team recognizes the need for a mechanism to reduce the emission of $SHIB and develops one, why not use only one token within the network? Shibarium doesn't have any killer-features. According to Shibarium's announcement, the project will be similar to other L2 projects. The team selected a tried-and-true technology stack and built their own network. It's not bad, and it makes sense, but Shibarium will face competition from Arbitrum, Optimism, Sui, Aptos, Sei, Berachain, and Canto, all of which are based on ZK technologies. If you create such a mundane project, you should expect it to fail because you will be unable to attract talented developers and your network will lack projects like GMX. Users and TVL Let's be real. $SHIB is a mass-market token. Since 2021, its token customers and holders have all been users, the majority of whom simply desired a quick "to the moon" and an expensive sports car in their garage. These users have no idea what dapps are, and many of them are unable to use Metamask. Their user pattern is a "buy-hold-sell" strategy, and they do not require dapps or L2 because they do not understand what it is. The rest are advanced users who can profit from narratives and will profit from Shibarium via LP, NFT, and then leave. Shibarium will simply not have enough liquidity, TVL, or users to keep developers interested for an extended period of time. Without developers, there will be no strong products, no target users, no liquidity, and no TVL. Let’s consider Dogecoin as an example: The Dogechain TVL chart The $DOGE and $DC chart The highest TVL is shown in the chart's frame. As we can see, the greatest growth of TVL occurs when the price of $DOGE and $DC rises. It is also worth noting that each new local price increase is followed by less TVL growth on Dogecoin. Why is this so? The user base of dapps and onchain apps is losing faith in the Dogechain's success, but they don't have a choice, and others aren't just interested. We can assume that Dogechain does not attract new users and that existing users are less interested in the project. Consider the example of a good network TVL, where each token has a lower capitalization than $DOGE or $SHIB. Canto Hedera Optimism There is a chance that Shabarium will repeat the Dogechain story, with users returning only with token growth, and each return will be less impulsive. What can we do and how can we make money? Collect the $BONE and $SHIB stacks, and keep risk management in mind. The launch of Shibarium is unknown, as is what will happen to $BONE; Find projects that will be launched on Shibarium and add them to your watchlist. Find all markets where these projects are traded; Keep an eye on the announcements within the ecosystem and revise your watchlist and strategy as necessary; When you realize you can enter the market, just do it. In practice, we know that the first week following the launch will be the most profitable for those who were prepared and entered the ecosystem first; Remember the Dogechain lesson and avoid being greedy. In turn, we will monitor the evolution of the $SHIBA ecosystem and strive to provide users with as many tools as possible to profit from this narrative. We monitor market trends and try to provide traders with information that can help them receive profit so check links in our signature and join our community. Also write a comment what do you think about Shibarium and its prospects Thanks for reading!
by Samura0x
4