Doginphire Price Soars 284% in 24 Hours
The Doginphire price has surged 284% in the last 24 hours to trade at $0.001477 as of 5:34 a.m. EST, with trading volume skyrocketing 189% to $4.3 million. This bullish sentiment was triggered by Elon Musk’s fire emoji tweet to Billy Markus, the co-founder of Dogecoin (DOGE). Community members are now speculating if FIRE is the new DOGE or if it will follow the trajectories of other recent Solana meme coin stars like Bonk (BONK), Dogwifhat (WIF), Myro (MYRO), and Honk (HONK).
BitMart crypto exchange’s announcement to list Doginphire on its platform has further boosted the sentiment around FIRE. Although the exchange has yet to confirm the exact date, the team behind the FIRE meme coin has announced that two more listings are in the works on “top 10 exchanges.”
Doginphire Price Bulls Sustain the Bullish Stance
The Doginphire bulls have taken charge at the $0.0003642 support level, propelling the FIRE price upward in sustained bullish momentum. The price has also managed to trade above the 21 and 50 Simple Moving Averages, which act as immediate support levels.
Doginphire Price Prediction, Bulls Target $0.002570
The Doginphire price is predominantly bullish, with the RSI and MACD creating a favorable outlook for optimistic investors. Analysts anticipate a potential 30% increase to the next projected high at $0.002570, but there may be a correction leading to a retracement towards the $0.001259 support level.
Meme Kombat (MK) Closes in On $10 Million Hard Cap – Best Crypto to Buy Now
Meme Kombat (MK) has become the latest sensation in the meme coin scene, with a presale already attracting over $8.3 million of its $10 million hard cap. Investors can buy the MK tokens at $0.279 each ahead of its listing.
More Rewards on Staking
The MK platform offers an opportunity to earn rewards through staking your MK tokens, providing a 112% annual percentage yield (APY). Over 35 million MK tokens have already been staked, with rewards of over $7.6 million paid out, and the number of stakers now stands at 11,460.
Hot Take
FIRE: The New DOGE? The Sustained Bullish Momentum of Doginphire Sparks Speculation
As FIRE’s price continues to soar, enthusiasts are more interested in the speculative nature of the meme coin, hinting at a potential alternative to Dogecoin. With the continued bullish momentum, the fire surrounding Doginphire is only expected to get stronger.
Insa’s extensive background in the financial realm encompasses roles as a writer, trader, and personal finance coach. Her proficiency spans a wide spectrum, ranging from commodities and indices to forex and cryptocurrencies. Insa’s specialization lies in furnishing strategic investment advice tailored to the fintech investment niche.