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

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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 traders dump their holdings within the meme coin available on the market.

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

Dogelon Mars Worth Testing Assist

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

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

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

Technical Indicators Recommend The Dogelon Mars Worth Would possibly Maintain Dropping

technical indicators on the crypto’s 4-hour chart, there are some warning indicators that present the Dogelon Mars value drop will not be over but. Merchants will wish 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 steadily dropped from the excessive 70s to the low 50s over the course of the previous buying and selling day, which indicators a discount in purchaser energy. With the destructive slope of the RSI line, it appears bears are nonetheless chipping away at bulls’ collective energy. Ought to the RSI drop beneath the impartial 50 mark, it might 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 beneath the MACD Sign line throughout this era. This particular technical occasion is usually interpreted as a affirmation {that a} crypto has entered a destructive pattern, 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, traders are turning their consideration to a brand new meme coin rival referred to as Flockerz (FLOCK), which is providing one final probability to purchase at itemizing value earlier than its official launch.

Buyers may wish to reap the benefits of this chance to purchase the meme coin at its itemizing value, given the sequence 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 area due its robust group focus. Powering its mission to place its group first is an revolutionary vote-to-earn mannequin. This consensus mechanism not solely offers each FLOCK holder a say within the undertaking’s future route, it additionally rewards traders with extra FLOCK tokens for taking part within the undertaking’s governance.

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

Voting isn’t the one approach for token holders to obtain FLOCK. There’s additionally a gorgeous staking initiative on supply. 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 group, which is obvious by the greater than $12.9 million guess traders have taken on the undertaking’s future throughout its presale. With simply greater than 4 days left till the undertaking’s declare goes stay, this spectacular increase 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 may be bought on our web site or within the Greatest 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 wishes to get in on the bottom phases of the undertaking can achieve this by buying FLOCK by way of the easy purchase widget embedded on its web site. Promoting for $0.0066883, the crypto may be purchased with each crypto or financial institution card.

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