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Dogecoin Testing Key Demand Zone – Can DOGE Push Above $0.40?

After the recent market-wide selloff, Dogecoin has faced significant pressure, experiencing a 20% decline from its local highs. Despite the drop, the popular meme coin still holds a bullish structure, keeping investors optimistic about its potential for recovery. However, the current levels are critical, as Dogecoin is testing key demand zones that could determine its next move. Related Reading: Key Metrics Reveal Bitcoin STH Support Levels Around $89K–$86K – Is BTC At Risk? Top analyst and trader BigCheds recently shared a technical analysis on X, highlighting that DOGE is testing crucial demand at $0.31 on the daily time frame. This level has historically acted as a strong support zone, and holding above it could set the stage for a bounce and continuation of its bullish trend. Conversely, a failure to maintain this level might open the door to further downside. Market sentiment remains cautious following the broader crypto market’s decline, but DOGE’s ability to hold current levels could restore investor confidence. All eyes are now on whether the meme coin can defend this key support and potentially pave the way for a new rally or if additional selling pressure will lead to a deeper correction. Dogecoin Holds Pivotal Support as 2025 Begins The start of 2025 has taken a different tone for Dogecoin compared to the explosive end of 2024. Beginning in early November, DOGE experienced a massive price surge, gaining over 230% in less than three weeks. This meteoric rise saw the meme coin reach significant levels, reigniting interest and optimism among investors. However, since finding a local high, Dogecoin has entered a consolidation phase, testing critical levels of support. Currently, Dogecoin is trading around $0.31, a key daily demand level identified by top analyst BigCheds. In his recent technical analysis, BigCheds emphasizes the importance of this support zone, as it could determine the next major move for the cryptocurrency. If DOGE manages to hold above $0.31, it sets the stage for a potential breakout into higher prices, reigniting the bullish momentum seen in late 2024. This consolidation phase is being closely monitored by traders and investors, as Dogecoin’s ability to maintain its bullish structure depends on this level. A clean bounce from the $0.31 demand could trigger renewed buying pressure, propelling DOGE toward new highs. Conversely, losing this critical support might signal a deeper correction, testing lower levels before any recovery. Related Reading: Ethereum Downswing To $2,900 Could Be A ‘Buy-The-Dip Opportunity’ – Analyst Expects Bullish Surge As the broader market also finds its footing, Dogecoin’s performance at this pivotal level will likely influence its trajectory for the coming weeks. A successful defense of $0.31 could mark the beginning of another significant rally, solidifying DOGE’s position as a top contender in the cryptocurrency space. DOGE Eyes A Breakout Dogecoin is currently trading at $0.33, showing resilience after holding above the critical $0.31 demand level. This support has provided a foundation for DOGE to stabilize following the recent market selloff. However, the cryptocurrency remains at risk as long as it continues to trade below the $0.40 mark, a level that could reignite bullish momentum. For bulls to regain control, the price must reclaim $0.40 decisively. This would signal a shift in sentiment and provide the momentum needed to challenge the $0.43 mark. Breaking above $0.43 is a crucial milestone for Dogecoin, as it would likely trigger a significant rally into price discovery, attracting renewed interest from investors and traders. Related Reading: Solana Must Reclaim Momentum In The Coming Weeks – SOL/BTC Ratio At A Pivotal Point Conversely, failing to reclaim $0.40 in the near term keeps DOGE vulnerable to further downside. Prolonged trading below this level increases the risk of a deeper correction, potentially testing lower levels of demand. The next few days will be pivotal for Dogecoin’s trajectory, as the broader market sentiment and DOGE’s ability to reclaim key levels will determine its direction. If bulls succeed in pushing above $0.43, the meme coin could quickly gain momentum, solidifying its place as a market leader in this cycle. Featured image from Dall-E, chart from TradingView CoinTurk News

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Best New Meme Coins to Join Now: BTFD Coin Rewards Investors With 90% APY, PENGU Hits $0.03559, and OSAK Shows Growing Momentum

Can meme coins still deliver massive returns in 2025? Pudgy Penguins (PENGU), known for its vibrant community and cultural appeal, has surged over 611% in the past month. However, analysts warn of resistance levels that could slow its climb. Meanwhile, Osaka Protocol (OSAK) focuses on true decentralization, although its price has dropped by 21% in the last month despite a sharp 60.79% increase in trading volume in the last 24 hours. Amidst these shifts, BTFD Coin ($BTFD) is capturing attention for all the right reasons. Its 90% APY staking rewards, paired with a stellar presale performance of over $5.1 million raised, have positioned it as the top pick among the best new meme coins to join now . With a P2E game and a growing Bulls Squad community, BTFD is more than just a meme coin—it’s a revolution. BTFD Coin: A Staking Reward Revolution What makes BTFD Coin ($BTFD) the hottest meme coin of the year? Start with its 90% APY staking rewards, which provide investors with unparalleled opportunities to grow their holdings. Unlike many meme coins that rely solely on hype, BTFD backs its appeal with tangible value. Currently in its 13th presale stage, BTFD is priced at $0.000142 per token. With over 63 billion tokens sold and more than 8,000 investors onboard, the coin’s momentum is undeniable. A $6,000 investment at this stage secures over 42.25 million $BTFD tokens. Once listed at $0.0006, this would yield $25,350—a jaw-dropping 322.5% return, excluding staking gains. The Bulls Squad community adds a layer of excitement, rallying around the coin’s innovative P2E game launched on January 1, 2025. Players can earn rewards through engaging gameplay, merging fun with financial gains. This fusion of entertainment and investment has cemented BTFD as one of the top contenders among the best new meme coins to join now. Getting started is simple. Set up your MetaMask or Trust Wallet, load it with BNB or ETH, and connect to the BTFD buy page . A few clicks later, you’ll own the dip and join a movement that’s redefining meme coin success. Pudgy Penguins: Cultural Icon Meets Market Resistance Pudgy Penguins (PENGU) is more than just a meme coin—it’s a cultural phenomenon. With over 50 billion views and millions of fans, the Pudgy Penguin brand has become a beacon of positivity and community in the crypto space. Currently trading at $0.03559, PENGU has risen by 6.7% in the last 24 hours, following an explosive 611% surge over the past month. However, the coin faces significant challenges. Analysts highlight resistance at $0.0469, which has repeatedly stalled upward momentum. If PENGU fails to hold its support level at $0.0296, a drop to $0.020 could be on the cards. Despite these hurdles, PENGU’s loyal fanbase and ongoing marketing efforts keep it in the spotlight. From major brands showcasing the Penguin to its inclusion in ETF commercials, the coin’s influence extends beyond the crypto world. For those willing to ride out the volatility, PENGU offers a blend of community vibes and speculative potential. Osaka Protocol: True Decentralization in Action Osaka Protocol (OSAK) brings a refreshing focus on decentralization, promoting the idea that ownership equals responsibility. Each holder’s influence is proportional to their stake, fostering a sense of shared accountability within the ecosystem. Trading at $0.0000001936, OSAK has seen its price dip by 1.19% in the last 24 hours and 21% over the past month. However, trading volume has soared by 60.79%, indicating growing interest despite the price decline. This paradox suggests that while the coin faces short-term challenges, its community-driven model may provide a strong foundation for future growth. For investors seeking a project with meaningful decentralization and collaborative governance, OSAK stands out. Its focus on equality and shared responsibility resonates with those who value the core principles of blockchain technology. The Bottom Line Based on our research and market trends, BTFD Coin ($BTFD) is the frontrunner among the best new meme coins to join now. Its unmatched 90% APY staking rewards, combined with a stellar presale performance and innovative P2E game, make it a standout choice for investors. With over $5.1 million raised and a growing Bulls Squad community, BTFD isn’t just a meme coin—it’s a game-changer. While Pudgy Penguins (PENGU) offers cultural clout and a loyal fanbase, its market challenges require careful navigation. Similarly, Osaka Protocol (OSAK) champions decentralization but needs to overcome price dips to fully realize its potential. For those seeking high returns and community-driven innovation, BTFD Coin is the clear winner. Join the BTFD presale today and take the first step toward life-changing returns. The next bull run is on the horizon—are you ready to own the dip? Find Out More: Website: https://www.btfd.io/ X/Twitter: https://x.com/BTFD_COIN Telegram: https://t.me/btfd_coin The post Best New Meme Coins to Join Now: BTFD Coin Rewards Investors With 90% APY, PENGU Hits $0.03559, and OSAK Shows Growing Momentum appeared first on TheCoinrise.com . CoinTurk News