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As Ethereum eyes $5,000, traders are turning to DOGEN, a high-momentum meme coin poised for a 100x surge.
As Ethereum (ETH) gears up for a possible surge to $5,000, attention is turning to a lesser-known cryptocurrency with the potential for even bigger gains. This token could multiply its value by 100 times before Ethereum makes this move. Exploring its unique features might reveal why it’s poised to become the next breakout star in the crypto world.
DOGEN soars 500% after DEX listing: CEX breakout next?
DOGEN, the meme coin for those who never settle, is making waves with its massive price action and strong market momentum. Built for winners, DOGEN embraces the alpha mentality, attracting a growing community of over 30,000 followers on X.
Since its Raydium DEX debut on February 4th, DOGEN surged to an all-time high of $0.0066 before consolidating around $0.002. Even at this level, it remains up 566% from its lowest presale price of $0.0003.
With a $5.5 million presale, DOGEN has already proven strong early demand, setting the foundation for continued growth.
DOGEN’s fully diluted valuation (FDV) currently sits at $28 million, with upside potential toward $40 million, suggesting a near-term target of $0.004+.
Recent price action indicates DOGEN is testing key support within a descending channel. A breakout above $0.0032 would signal a trend reversal, potentially pushing DOGEN toward $0.0056, aligning with previous resistance zones.
With only 1 billion tokens circulating (10% of total supply), DOGEN’s price remains highly sensitive to demand surges, setting up a volatile but bullish trajectory.
A major centralized exchange (CEX) listing is expected soon, a move that could unlock fresh liquidity and drive new investor interest. Historically, CEX listings have been a turning point for meme coins, fueling rapid price surges.
Crypto influencer eezzy’s journal (50K+ subscribers) has already highlighted DOGEN as a top Solana meme coin contender, with a projected market cap target of $100m+. If DOGEN reaches this milestone, it could see a 3x-5x increase from current levels.
DOGEN has already showcased its potential for explosive rallies, and with the upcoming CEX listing, momentum is building for another leg up.
If speculation continues, DOGEN could quickly reclaim $0.005+ or enter a parabolic price discovery phase, surpassing its current FDV ceiling.
With hype growing, early entries could see major upside — but once CEX FOMO kicks in, the window of opportunity may close.
Ethereum eyes a breakout
Ethereum is trading between $2,677 and $2,831, fighting to reclaim higher levels. The RSI at 66.15 shows momentum, while the 10-day moving average of $2,769 is above the 100-day average of $2,719, signaling short-term strength.
If ETH breaks the $2,914 resistance, it could aim for $3,159, a gain of around 13%. However, failure to hold support at $2,426 might slow the rally.
The 1-week price gain of 4.52% suggests growing confidence, despite the 1-month drop of over 16%. The data shows potential for a breakout, and with altcoin season approaching, ETH could soon see upward movement.
Conclusion
While coins like ETH may have less short-term potential, DOGEN stands out. Designed for those seeking luxury and success, DOGEN has the potential for thousand-fold returns this altcoin season.
For more information on DOGEN, visit the website, Twitter, or Telegram.
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