{"id":7697,"date":"2023-05-12T06:16:30","date_gmt":"2023-05-12T10:16:30","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/dogecoin-price-prediction-as-doge-reaches-10-billion-market-cap-but-crypto-experts-say-aidoge-is-a-better-buy-heres-why\/"},"modified":"2023-05-12T06:16:31","modified_gmt":"2023-05-12T10:16:31","slug":"dogecoin-price-prediction-as-doge-reaches-10-billion-market-cap-but-crypto-experts-say-aidoge-is-a-better-buy-heres-why","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=7697","title":{"rendered":"Dogecoin Price Prediction as DOGE Reaches $10 Billion Market Cap But Crypto Experts Say AiDoge is a Better Buy \u2013 Here’s Why"},"content":{"rendered":"
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The price of Dogecoin (DOGE) has dropped by 1.5% in the past 24 hours, with its slip to $0.070790 canceling out a brief return to a $10 billion market cap earlier this morning.<\/p>\n

DOGE’s fall today means it has lost 10% in a week and 13.5% in the last 30 days, with the meme token now up by only 0.5% since the beginning of the year.<\/p>\n

Given its poor performance recently, many traders have begun turning to meme tokens, Pepe (PEPE) and SpongeBob (SPONGE) being among the best performers in the past few weeks.<\/p>\n

And these two new meme coins may soon be joined by AiDoge (AI), a meme-generating platform that has already raised just over $6 million in its presale.<\/p>\n

Dogecoin Price Prediction as DOGE Reaches $10 Billion Market Cap But Crypto Experts Say AiDoge is a Better Buy \u2013 Here’s Why<\/strong><\/h2>\n

Despite its recent falls and losses, DOGE’s chart has begun to look a little more promising, with its relative strength index (purple) rising towards 50 after spending some below 30 in recent days.<\/p>\n

Additionally, DOGE’s 30-day moving average (yellow) now looks like it can’t sink much lower below its 200-day average (blue), implying that a rebound is due in the not-too distant future.<\/p>\n

This belief is reinforced by DOGE’s support level (green), which has begun rising again after a period of steady declines, meaning that the meme token is strengthening its position.<\/p>\n

Indeed, DOGE’s move towards a market cap of $10 billion was arguably reversed only by a fall that was general to the entire market, with Bitcoin (BTC) down by 4% today.<\/p>\n

And it seems that at least some whales are currently buying the meme token, taking advantage of its fairly steep undervaluation right now.<\/p>\n

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It’s therefore reasonable to suspect that DOGE is due a recovery, with its price potentially rising beyond $0.070790 and returning to somewhere around $0.075 in the next few weeks.<\/p>\n

As for its longer term prospects, these all hinge on Twitter, which the Dogecoin community expects to introduce DOGE payments at some point in the future.<\/p>\n

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Of course, such a point may still be several years away, which probably explains why DOGE has been underperforming.<\/p>\n

But if Twitter does eventually bring in DOGE payments, there’s no doubt that the meme token will enjoy a renaissance of sorts, rising back up to $0.1 and beyond.<\/p>\n

Buy Dogecoin Now<\/strong><\/p>\n

AiDoge: More Potential?<\/strong><\/h2>\n

For traders who don’t want to take a big bet on what Twitter may or may not do in the future, other altcoins may be preferable at the moment, with a number of new meme tokens showing good potential.<\/p>\n

One notable meme token is AiDoge, an AI-powered meme-generating platform that has already raised over $6 million since the presale for its native token $AI began at the end of April.<\/p>\n

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Harnessing big data and advanced algorithms, AiDoge’s platform generates memes in response to text descriptions entered by users, who don’t need any technical expertise to get creating.\u00a0<\/p>\n

Once they’ve generated a meme or two, users can submit their creations to the AiDoge community, who can upvote their favorites.<\/p>\n

The most popular memes will earn their creators rewards in $AI, which can be used for staking and for gaining access to AiDoge’s meme generating features.<\/p>\n

Interestingly, AiDoge has recently begun a collaboration with SpongeBob (SPONGE), which is currently one of the most talked-about meme tokens in the market.<\/p>\n

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This will provide extra exposure and publicity for AiDoge, which is currently in the ninth stage of its presale, during which 1 $AI token costs $0.0000292.<\/p>\n

This price will rise to $0.0000296 in the next stage, before ending at $0.00003360 at the final stage, representing a rise of 15% compared to its current price.<\/p>\n

Investors can join its presale by visiting AiDoge’s official website and connecting their wallets, before using ETH, BNB, USDT or fiat currency to buy $AI.<\/p>\n

Visit AiDoge Now<\/strong><\/p>\n<\/p><\/div>\n