Dogecoin Up Another 7% as New Meme Coin Nears Exchange Listings
Dogecoin (DOGE) is experiencing another surge, up almost 7% in the last 24 hours, trading at $0. at 1:50 AM EST. This recent price jump coincides with increased investor appetite for meme coins, driving trading volume up 65% in the same period. The overall cryptocurrency market is seeing a resurgence, and DOGE is benefiting. Dogecoin [DOGE] has recently seen a massive surge in value after its price saw an over 100% spike in just over two weeks. This uptick has put DOGE back into the top tier of meme coins.
While Dogecoin and Pepe have taken a hit over the weekend, with both coins seeing pullbacks after last week’s run-up, the long-term outlook for Dogecoin remains positive. As the anticipated dog season unfolds in crypto, three standout meme coins are attracting attention on par with Dogecoin (DOGE), which is preparing to set new highs.
New Meme Coin Project Gaining Traction
Meanwhile, excitement is building around a new meme coin project, tentatively called Pepeto. This alignment with established trends has positioned Pepeto as a strong contender in the meme coin market. The project intends to make the meme coin space more approachable to new investors via its meme coin indexes, which will allow investors to make pooled investments.
Exchange Listings on the Horizon?
Reports about exchange listings for Pepeto during the upcoming weeks are fueling speculation and contributing to the overall positive sentiment in the meme coin market. The possibility of wider availability on major exchanges is often a significant catalyst for price increases, attracting new investors and boosting trading volume.
Analyst Predictions and the Holiday Effect
As the holiday season nears, a prominent analyst has predicted major surges for specific cryptocurrencies. Dogecoin (DOGE) and Pepe (PEPE) are among those expected to see significant gains. Dogecoin (DOGE) and other meme coins are surging after the Thanksgiving holiday, with DOGE rising 7% as Bitcoin nears $99,000; Major meme coins like Popcat are also showing positive movement.
Stay tuned for further updates on Dogecoin and the emerging meme coin landscape. Remember to always do your own research before investing in any cryptocurrency.