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- 🚀 Gate.io #Launchpad# Initial Offering: #PFVS#
🏆 Commit #USDT# to Share 10,000,000 #PFVS# . The More You Commit, the More $PFVS You Receive!
📅 Duration: 03:00 AM, May 13th - 12:00 PM, May 16th (UTC)
💎 Commit USDT Now: https://www.gate.io/launchpad/2300
Learn More: https://www.gate.io/announcements/article/44878
#GateioLaunchpad#
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Open Gate.io App » Click "Home" » Click "Post" at the bottom of the Home-"Chat" » Enter Gate.io Group or
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- #Will BTC Hit a New High?#
BTC has broken past $100,000 and is now consolidating near its peak. What’s your outlook on the next move? With bullish sentiment on the rise, could BTC reach a new all-time high?
#Crypto Market Rebounds#
The crypto market is rallying across the board — altcoins are gaining momentum, and Memecoins are heating up! 🔥MOODENG is up over 100%, while PNUT and VIRTUAL have each gained more than 45%. The total crypto market cap has now exceeded $3.22 trillion!
What’s next for the market? Which rebound tokens are you most bullish on?
Post your insights and trading strategie
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Event Details: https://www.gate.io/announcements/article/44624
Dogecoin Aims for the Next Target of $0.6
Dogecoin has proven to be the best memecoin, as other memes have suffered negative effects when the top meme started to rise. Liquidity has flowed into the token, causing a strong increase, pushing prices above $0.46 at the current time. After reaching these levels, the price of DOGE appears to be ready for another price increase, possibly pushing it close to the $1 mark, possibly before the end of 2024. DOGE price has shown a daily closing price increase above the main resistance level at around $0.39, helping the token start trading for the day above $0.4. One of the main reasons for this sudden increase may be the enormous increase in the number of active addresses. These levels, which did not increase during the price increase period at the beginning of 2024, are now showing strong growth.
The number of active addresses has reached 1.6 million from about 70K, indicating a significant increase in transaction activity, which has increased the volatility of the token. In addition, the whales have been selling their shares since the beginning of the month, allowing market participants to take over the price increase. When will the price of DOGE increase significantly? When will the price of DOGE reach $1? The price of Dogecoin is following its historical pattern, where the token has entered the next phase of price increase. The technical conditions and trading setup reflect the previous conditions it adhered to before the start of the price surge in 2021. Therefore, the DOGE price surge is now ready to reach not only $1 but also far exceed these levels.
The historical price pattern shows that the token has reached the end of the consolidation phase, triggering a massive price increase after the Golden Cross. Currently, the 50/200 MA has undergone a Golden Cross, which has lifted the price from bearish influence. If the price follows the previous rally, it is expected to trigger a massive price increase close to the two-digit range and form a peak at around $11 for the ongoing rally.