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Dogecoin Price Prediction: DOGE Surges 14% As Coinbase Plans Dogecoin...

Dogecoin Price Prediction: DOGE Surges 14% As Coinbase Plans Dogecoin Futures And The Doge20 ICO Rockets Past $5 Million

Dogecoin Price Prediction: DOGE Surges 14% As Coinbase Plans Dogecoin Futures And The Doge20 ICO Rockets Past Million


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The Dogecoin price has soared 14% to trade for $0.1515 as of 06:24 EST time with trading volume surging 17%.

It comes after a show of strength from the Bitcoin (BTC) price with meme coins known to take their cues from the pioneer cryptocurrency during bull markets.

The Dogecoin price may also have been boosted by news that Coinbase plans to launch futures trading products for Dogecoin. Other cryptocurrencies in the trading platform’s line of sight for the same offering include Litecoin (LTC) and Bitcoin Cash (BCH), and are planned for April 1.

Coinbase Derivatives said it will use a self-certification route under CFTC Regulation 40.2(a) to list the futures products, allowing the platform to open trading without needing to wait for direct approval from the CFTC. It will still need to ensure that the contracts adhere to the Commodity Exchange Act and CFTC regulations.

Following the announcement, on March 20, the Dogecoin price soared 14%, while BCH and LTC rallied 11% and 8%, respectively.

Coinbase has been offering futures contracts for Bitcoin (BTC) and Ethereum (ETH) to institutional as well as retail investors, alongside crude oil contracts. Commenting on the matter, ETF specialist from Bloomberg Intelligence James Seyffart said it could challenge the Securities and Exchange Commission (SEC) to clarify Ethereum’s status as either a security or a commodity.

Another industry specialist, Scott Johnsson, a general partner and general counsel at Van Buren Capital, said this is the beginning of a broader trend as US regulatory leadership approaches a transition of administration.

Dogecoin Price Outlook As Coinbase Derivatives Plans To Offer DOGE Futures Trading

The Dogecoin price had dropped below the $0.1368 support, a liquidity sweep that has set the tone for a move north. The Relative Strength Index (RSI) bouncing off the ‘50′ mean level supports this fluke rally for the Dogecoin price.

If the bulls can propel the dog-themed meme coin to close above $0.1638, it would encourage sidelined bulls to come in, likely steering the DOGE price to tag the stiff resistance at $0.1855.

In a highly bullish case, the Dogecoin price could clear this roadblock, flipping it into support and using it as the jumping-off point for a liquidity grab above this level. The highly ambitious case could see the Dogecoin price rise to reclaim the peak of $0.2063, with the potential to establish a new peak above it.

DOGE

TradingView: DOGE/USDT 1-day chart

On the other hand, if the bears come in, encouraged by early profit booking, the Dogecoin price could drop, wiping out the ground covered on Wednesday. If the bears steer DOGE price below the $0.1200 psychological level, it would negate the bullish thesis.

Meanwhile, as the Dogecoin price attempts a recovery rally, enlightened investors have already spotted DOGE20, a DOGE upgrade that is thriving in presale.

PRESALE WITH REAL POTENTIAL!🚨 (Dogecoin 20 DOGE20 Presale Review)

Promising Alternative To Dogecoin

DOGE20, the powering token for the Dogecoin20 ecosystem, represents a new generation of meme coins. It is inspired by the beloved meme coin universe centered on the iconic Shiba Inu.

But the project distinguishes itself by introducing on-chain staking, while at the same time abiding by the charitable ethos embodied by its Doge family lineage with its guiding principle being to ‘Do Only Good Everyday.’

At the core of $DOGE20 lies a pioneering staking system that offers an annual return of 187% right now. This innovation makes it possible for the community not just to participate actively but also to earn lucrative passive rewards.

It leverages advanced smart contracts powered by Ethereum, transcending its origins as a meme coin to become a dynamic asset offering substantial passive rewards potential.

DOGE20: The Explosive 25x Potential Token (Presale)

With 15% of tokens earmarked for staking, holders are incentivized to contribute actively to network stability and growth while reaping rewards.

The project is in the presale stage, boasting upwards of $5 million in sales so far that have been accumulated in just slightly more than a week.

Investors looking to buy DOGE20 can do so on the website, where each token is selling for $0.000204. This price tag is only available for less than three days before a hike, so buyers should take advantage now.

Visit and buy DOGE20 here

Also Read:

Green Bitcoin – Gamified Green Staking

Green BitcoinGreen Bitcoin
  • Contract Audited by Coinsult
  • Early Access Presale Live Now – greenbitcoin.xyz
  • Predict To Earn – Featured In Cointelegraph
  • Staking Rewards & Token Bonuses
  • $7+ Million Raised – Ends Soon

Green BitcoinGreen Bitcoin


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