Dogelon Mars Price Drops 14%, Investors Pivot To This Meme Coin

The Dogelon Mars value plunged over 14% within the final 24 hours to commerce at $0.0000002871 as of 9:56 p.m. EST as buyers dump their holdings within the meme coin in the marketplace.

Following the most recent drop within the ELON value, the crypto remains to be up greater than 42% on the weekly timeframe and over 31% on the longer 30-day timeframe.

Dogelon Mars Value Testing Help

4-hour chart for ELON/USD (Supply: GeckoTerminal)

The Dogelon Mars value is testing the assist degree at $0.0000002848 following a sequence of decrease lows and decrease highs on the 4-hour chart. Ought to the meme coin fall under this mark, it may stand the danger of dropping to the following main assist degree at $0.0000002234 within the subsequent 24 hours.

The Dogelon Mars value closing the following 2 4-hour candles above $0.0000002848 may cease the bearish transfer from persevering with. On this different state of affairs, merchants may find yourself figuring out the crypto’s present value ranges as an excellent purchase alternative. This potential purchase quantity may then push the Dogelon Mars value up in direction of $0.0000003397 to presumably as excessive as $0.0000004303.

Technical Indicators Recommend The Dogelon Mars Value May Preserve Dropping

Taking a look at technical indicators on the crypto’s 4-hour chart, there are some warning indicators that present the Dogelon Mars value drop is probably not over but. Merchants will need to control the Transferring Common Convergence Divergence (MACD) and the Relative Power Index (RSI), which each level to a continued lower within the Dogelon Mars value within the coming 24 hours.

RSI readings have regularly dropped from the excessive 70s to the low 50s over the course of the previous buying and selling day, which alerts a discount in purchaser energy. With the adverse slope of the RSI line, it appears bears are nonetheless chipping away at bulls’ collective energy. Ought to the RSI drop under the impartial 50 mark, it may point out that sellers have taken full management of ELON.

A significant bearish technical flag was additionally triggered by the MACD within the final 24 hours, after the MACD line crossed under the MACD Sign line throughout this era. This particular technical occasion is commonly interpreted as a affirmation {that a} crypto has entered a adverse development, with the present rising hole between the 2 strains warning that ELON’s bearish momentum is intensifying.

Whereas the Dogelon Mars value dangers dropping some extra within the subsequent 24 hours, buyers are turning their consideration to a brand new meme coin rival referred to as Flockerz (FLOCK), which is providing one final likelihood to purchase at itemizing value earlier than its official launch.

Buyers may need to benefit from this chance to purchase the meme coin at its itemizing value, given the collection of bullish predictions made by a number of crypto specialists. 99Bitcoins, a well-liked YouTube channel with over 723K subscribers, says that FLOCK has the potential to soar 10X after its launch in simply over 4 days.

Placing Its Neighborhood First

Flockerz stands out within the crowded meme coin house due its sturdy neighborhood focus. Powering its mission to place its neighborhood first is an progressive vote-to-earn mannequin. This consensus mechanism not solely provides each FLOCK holder a say within the undertaking’s future course, it additionally rewards buyers with extra FLOCK tokens for taking part within the undertaking’s governance.

By merely putting votes within the undertaking’s decentralized autonomous group (DAO) referred to as Flocktopia, token holders will obtain FLOCK. By way of this monetary incentive, Flockerz ensures that neighborhood members keep engaged with the undertaking in the long term, which is one thing even non-meme coin tasks wrestle to get proper.

Voting is just not the one manner for token holders to obtain FLOCK. There may be additionally a gorgeous staking initiative on provide. Anybody who buys and stakes FLOCK now will unlock entry to a 244% APY.

Flockerz Presale Closes On $13 Million

The meme coin’s vote-to-earn strategy has excited the crypto neighborhood, which is clear by the greater than $12.9 million guess buyers have taken on the undertaking’s future throughout its presale. With simply greater than 4 days left till the undertaking’s declare goes reside, this spectacular elevate is prone to rise within the coming days.

🐦 The Flockerz Presale section has ended! 🐦

🔥Wen Launch: Monday January twenty seventh at 2pm UTC

Till then, tokens will be bought on our web site or within the Finest Pockets app at itemizing value@BestWalletHQ https://t.co/3NUrHUXJzR$FLOCK Fly Collectively. Developer bulletins on the… pic.twitter.com/DdaJ9nGMb1

— Flockerz (@FlockerzToken) January 22, 2025

Anybody that desires to get in on the bottom levels of the undertaking can accomplish that by buying FLOCK by way of the easy purchase widget embedded on its web site. Promoting for $0.0066883, the crypto will be purchased with each crypto or financial institution card.

Buy FLOCK right here earlier than its launch in 4 days.

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