The Dogecoin price action shows that it is presently rejecting a strong weekly support zone. This is some sort of hope for investors who are anxiously waiting for prices to recover. Nonetheless, the majority of investors are still suffering massive losses from the 91% drop in price from an all time high.
Dogecoin investors are in a dilemma as they don’t know whether to hold as the price seems to be recovering or cut their losses and move on to better prospects. In other news, experts are suggesting a new hybrid memecoin to DOGE investors who are looking to recoup their losses quickly and make an extra profit.
In this article, we’ll delve into the future price analysis for Dogecoin and whether it’s the right time to buy or not. We’ll also discuss the important details of this new hybrid memecoin and why investors think it will drive massive profits for early investors in 2023.
Dogecoin Price Prediction For 2023
Dogecoin has gained over 8% in the last 7 days and a little over 1% in the last 30 days. The price of Dogecoin has been in consolidation over the past few weeks, ranging between $0.10 and $0.05. With little to no progress in terms of price movement, many investors are already reconsidering their investment choices.
Experts believe if the price of DOGE is able to break above the resistance level at $0.09, there’s a high chance the price may rally as high as $0.14 and beyond. In the event the price fails to push to the upside and breaks below the $0.05 support level, analysts expect the price to slump as low as $0.007 before the end of the year.
However, for the price of DOGE to rally 1,000%, it will need a strong catalyst and a massive inflow of investors to create enough liquidity to propel the price.
This may be far-fetched, but many investors are already cutting their losses and moving to Pikamoon, which is poised to deliver massive profits to early investors in 2023.
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What is Pikamoon?
Pikamoon is a leading-edge GameFi project that was created to redefine how users interact with the metaverse. The Pikamoon game was created after carefully observing trailblazers like Sandbox, Pokemon, and Decentraland.
With the data obtained from this survey, the care team at Pikamoon was able to improve on the weaknesses of the aforementioned P2Es and leverage their strengths to deliver mind-blowing experiences to users.
This is why Pikamoon’s gameplay consists of various styles, ranging from exploration to PVP combat and team adventures. So no matter your preference in game styles, Pikamoon has something in store for every kind of player. It doesn’t end there. Pikamoon believes in adequately rewarding users for their contributions to the ecosystem.
This is why the Pikamoon game’s reward system tops that of every other P2E game. When competing in the Pikaverse, you stand the chance of earning rewards in $PIKA or NFTs, which can be sold and converted to real-life fiat. So why just play games for nothing, when you can get rich while playing and earning rewards in the Pikaverse.
The Pikamoon team put so much effort into building the Pikamoon platform and then ensuring its continued innovation and success. One of the many plans put in place to ensure this is the diversion of 32% of the total minted $PIKA token for the continued development of the Pikamoon platform over the next decade.
This means more gamers and investors will troop to Pikamoon as time goes on, which will inherently increase the value of its token, making early investors even richer. No wonder crypto whales are loading up on more $PIKA tokens in the third round than they did in the first and second rounds of the presale.
Pikamoon Presale
Experts believe Pikamoon is on its way to minting more crypto millionaires this year than any other meme coin. This is not an impossible feat for the hybrid meme coin, as early investors in the presale round have started seeing massive profits.
The third and last round of the Pikamoon presale is ongoing, and investors are leaving nothing on the table. Since prices are expected to skyrocket as much as 100x after launch, smart investors are decluttering their portfolios to amass more $PIKA tokens.
Don’t get left out of this massive move that could potentially make you a crypto millionaire. Get on the Pikamoon presale today!
Find out more about Pikamoon (PIKA):
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