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Reading: Dogelon Mars Price Jumps 25% As Traders Turn To This ICO
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Crypto NEWS > Blog > Blockchain > Dogelon Mars Price Jumps 25% As Traders Turn To This ICO
Blockchain

Dogelon Mars Price Jumps 25% As Traders Turn To This ICO

yangzeph4@gmail.com
Last updated: February 1, 2025 12:22 am
yangzeph4@gmail.com Published February 1, 2025
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The Dogelon Mars price surged 25% in the last 24 hours to trade at $0.0000003034 as of 3.55 a.m. EST on trading volume that soared 437% to $62.82 million.

This increase in the ELON price comes after the meme coin’s value declined for days in an attempt to find its bottom and stabilize following the disruptive pump to $0.0000006 just before Trump’s inauguration. After days of strong fluctuations, the price seemingly stabilized at $0.00000025, only to surge to $0.00000030 once again.

The project is still heavily focused on Elon Musk’s goal of reaching the stars, and primarily Mars.

Together we will reach the stars! pic.twitter.com/Sw2va1lPCh

— Marco (@Ecom_Marco) January 30, 2025

Dogelon Mars Price Prediction

Dogelon Mars has been trading against the market in the last 24 hours, as both Bitcoin and other large cryptos are trading in the red right now. The losses are not extreme this time around, only about 1%-2% down in most cases, but for ELON to be skyrocketing 25% shows the dedication of its traders.

Its Bollinger Bands saw a massive widening yesterday when the price skyrocketed to $0.00000030, only to tighten again as the price suffered a rejection and started stabilizing around $0.00000028. However, with the new surge happening right now, the bands are widening again, showing the traders’ dedication.

Dogelon Mars Price PredictionDogelon Mars Price Prediction

In terms of the meme coin’s Relative Strength Index (RSI), its value skyrocketed up to 90 during yesterday’s surge, only to then fall back down to the neutral zone. Initially, it stabilized at 50, but it then started fluctuating down to 40 and back up to 60, showing that the bulls and the bears were fighting for control.

Today’s surge took place after the bulls doubled down on the token, pumping its RSI back up to the value of 75 before it dipped to 55 again, as traders started to take profit. This has reflected on the ELON price with minor fluctuations between $0.00000031 and $0.00000030.

For now, it seems that ELON has a major resistance to overcome, but with the market currently suffering from a bearish wave, it is possible that the token might not breach the barrier this time, and could even see a correction in the coming hours.

Promising Alternative To Dogelon Mars

Those willing to consider alternatives to ELON could go for cryptocurrencies that are currently in presale, such as Meme Index (MEMEX).

Meme Index is a project that launched its ICO several weeks ago with the goal of enabling users to easily diversify their meme coin portfolios. Rather than buying cryptos one by one and building a portfolio manually, users can now invest in one of several meme coin baskets created by the project.

To do so, they will need its native token, MEMEX, which currently sells for $0.0157183, and right now is the best time to buy, as it is resistant to price fluctuations while it is in the presale stage. Its ICO has already raised over $3.19 million, and in only 19 hours, the next presale price hike will come into effect.

Investors will want to buy MEMEX before the next price increase to lock in the best deal, because ClayBro, a crypto YouTuber with over 135k subscribers, believes that MEMEX has 10x potential.

There are four different baskets to choose from, each of which will focus on different meme coins. They will also come with varying degrees of risk, and if you buy the project’s token, you will be able to help pick which coins go into which basket during each governance session.

MEMEX TweetMEMEX Tweet

The baskets include Titan, which will house the top-ranking meme coins by market cap; Moonshot, which will house the tokens just under the top-ranking ones; MidCap, with meme coins whose market cap is between $50m and $250m; and Frenzy, which will house new and experimental meme coins. The level of risk will grow with each basket, with Titan being relatively low risk and Frenzy being extremely risky.

Buy and stake MEMEX here to gain access to a 714% APY.

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