By 2023, the cryptocurrency market is set for an exhilarating ride, with much focus on the potential price movements of Dogecoin and Wall St Memes. Dogecoin, the meme-inspired cryptocurrency, has captured significant attention, and there is talk of its price potentially reaching the $1 milestone. Meanwhile, Wall St Memes, a new player in the crypto space, is generating buzz with predictions of a 100x surge in its value. These anticipated outcomes are fueling discussions and piquing the interest of investors and enthusiasts, who speculate about the future of these cryptocurrencies in the coming year.
Currently, the price of Dogecoin is $0.071166, with a 24-hour trading volume of $1.4 million. Over the past 24 hours, Dogecoin value has increased by 0.18%. At the moment, it ranks 8th on CoinMarketCap, with a market capitalization of $9,928,955,609. Dogecoin’s circulating supply stands at 139,518,236,384 DOGE coins. Technically, Dogecoin is trading at a price of $0.0717. Assessing the four-hour timeframe, the cryptocurrency has broken through a significant resistance level at $0.0715, which had previously acted as support on May 22nd, 16th, and 13th.
The candlestick closures above this level hint at a slight bullish bias in Dogecoin, suggesting the potential for more upward movement. Moreover, the 50-day exponential moving average provides support around the $0.0710 level, while the candlestick closures above this level further bolster the bullish sentiment in Dogecoin’s price. The RSI indicator remains steady, adding to the overall positive outlook. It is crucial to keep an eye on the $0.0715 level for a sustained breakthrough to target the next resistance levels at $0.0730, $0.0740, and $0.0750. On the flip side, if Dogecoin’s price falls below $0.0710, the next support levels to look for are $0.0700 and $0.0687.
In contrast, Wall St Memes is gearing up for a possible 100x rise in 2023. The Wall St Memes community is exclusively treated to $WSM tokens, granting full access to the token supply. During the presale phase, early investors can take advantage of a discounted rate, with 50% of the tokens available for purchase. The growth of Wall St Memes also offers community rewards, with 30% set aside for contributions.
Ensuring smooth trading experiences, 10% of the tokens are geared towards liquidity on centralized exchanges (CEX), while another 10% cater to decentralized exchanges (DEX) for decentralized trading preferences. To be part of the $Wall Street Memes community and secure tokens, potential investors should join the WSM Discord community, connect social media accounts, engage with the $WSM community on various platforms, and earn points to enhance eligibility for the $WSM airdrop. This exciting and potentially rewarding journey with Wall Street Memes is one crypto enthusiasts will not want to miss.
Source: Cryptonews
