DOGEN surges 500% post-DEX listing, drawing investor attention amid meme coin hype. With a CEX listing on the horizon, can DOGEN reach a $100M market cap? Read more!
In the volatile world of cryptocurrency, seasoned traders often recognize that panic in the market can present lucrative opportunities. Currently, the meme coin sector is experiencing a surge in interest, particularly with DOGEN, a token that has witnessed an extraordinary rise.
As Bitcoin’s market turbulence continues, investors are seeking alternatives, and DOGEN appears to be one of the standout candidates.
DOGEN Soars 500% After DEX Listing: What’s Next with CEX on the Horizon?
DOGEN, a meme token designed for individuals who never settle for less, has shown remarkable momentum both technically and fundamentally. Launched with an “alpha” mindset, DOGEN has already amassed a strong community of over 30,000 followers on X.
Since its listing on Raydium DEX on February 4th, DOGEN has performed exceptionally well. The token reached an all-time high (ATH) of $0.0066 before stabilizing around $0.002, representing a 566% increase from its presale price of $0.0003.
During its presale, DOGEN raised a substantial $5.5 million, demonstrating strong early investor interest.
Currently, DOGEN’s fully diluted valuation (FDV) stands at $28 million, with projections indicating a potential rise to $40 million. If DOGEN breaks the key resistance level of $0.0032, analysts anticipate a bullish surge toward $0.0056, aligning with previous resistance points.
A major upcoming catalyst is DOGEN’s impending listing on a centralized exchange (CEX). This move could significantly enhance the token’s accessibility, liquidity, and demand.
With only 1 billion tokens in circulation (10% of the total supply), DOGEN’s price remains highly sensitive to market demand, which could drive increased volatility in favor of bullish trends.
Community Buzz and DOGEN’s Path to a $100M Market Cap
DOGEN’s post-listing performance and robust presale have garnered widespread attention.
Crypto influencer eezzy’s journal, boasting over 50,000 subscribers, has highlighted DOGEN as a potential market leader on the Solana blockchain, with a trajectory toward a $100M+ market cap.
Given DOGEN’s past performance and rapid community growth, speculation about its potential to retest its $0.005 ATH—or even surpass it—continues to intensify.
If momentum remains strong, DOGEN could enter a parabolic price discovery phase, further fueling its ascent.
Meme Coins on the Move: PEPE, SHIB, DOGE, and BONK
While DOGEN has been the center of attention, other meme coins have also been showing signs of activity.
Pepe (PEPE) is trading between $0.00000930 and $0.00001060. Despite a recent 52% monthly decline, its 2% weekly gain suggests a possible recovery. A break above $0.00001151 could push PEPE toward $0.00001319, marking a 30% increase. However, failure to sustain momentum may lead to further declines.
Shiba Inu (SHIB) remains range-bound between $0.00001505 and $0.00001712. It faces resistance at $0.00001826, and a breakthrough could push it to $0.00002033. Despite a one-month decline of 34.2%, SHIB has gained 16.62% over six months, indicating long-term strength.
Dogecoin (DOGE) is currently fluctuating between $0.2418 and $0.2882. The key resistance level at $0.311 poses a challenge, but if surpassed, DOGE could target $0.3574, representing a potential 25% gain. Its six-month gain of over 155% suggests another breakout could be imminent.
Bonk (BONK), having lost 48% in the past month, is trading between $0.00001608 and $0.00001924. If it breaks above $0.00002106, a move toward $0.00002422 (a 25% increase) could follow. However, conflicting technical signals indicate the need for substantial buying pressure to trigger a rally.
DOGEN vs. Established Players: A Paradigm Shift?
DOGEN’s rapid ascent has led some investors to reconsider their positions in more established meme coins like DOGE and XRP. Dogecoin has recorded a modest 6.31% weekly gain, with potential for a breakout past $0.293.
Meanwhile, XRP has posted a 13.67% increase, currently trading between $2.40 and $2.82, with analysts eyeing a rally toward $4.32.
With DOGEN’s unique positioning, strong technical performance, and increasing visibility, it is emerging as a serious contender in the meme coin market.
While risks remain, its bullish trajectory suggests that it could continue to dominate discussions in the cryptocurrency space in the near future.
As the market evolves, investors will closely watch whether DOGEN can sustain its momentum and carve out a lasting presence among the top meme coins. For now, it remains one of the most exciting and promising tokens in the space.
This press release has also been published on VRITIMES
