November 26, 2024
Altcoin News

Altcoin Frenzy: $494M Liquidated as MANA, SAND, DOGEN, and XLM Lead Bullish Surge!

A wave of excitement has swept through the crypto market as select altcoins experience a sharp rise in value. Amid this surge, the market saw liquidations totaling $494 million, reflecting heightened volatility. Leading this rally are tokens like Decentraland (MANA), The Sandbox (SAND), DOGEN, and Stellar Lumens (XLM).

DOGEN: A Rising Star Amid the Altcoin Frenzy

DOGEN is a promising memetoken on the Solana network, joining the ranks of well-known tokens like BONK, WIF, and Popcat, all of which have seen explosive growth. As the altcoin market heats up, DOGEN is positioned to ride the wave of bullish momentum alongside tokens like Decentraland (MANA), The Sandbox (SAND), and Stellar Lumens (XLM). Currently undervalued, DOGEN has the potential to achieve significant gains in this bull run, potentially surpassing the impressive growth seen by other memecoins on Solana.

DOGEN’s presale has already seen impressive growth. Initially priced at $0.0003 during Stage 1, the token has surged by 200%, now priced at $0.0009. With Stage 7 underway, a further 12.5% price increase is expected as the presale approaches its next phase. DOGEN’s presale is nearing a major milestone of $2 million, marking it as one of the most promising projects in the market.

With a total of 13 presale stages, DOGEN is expected to appreciate to $0.0019 by the token generation event (TGE), representing a 500% increase from its initial price. This makes DOGEN an attractive opportunity for early investors looking to capitalize on significant growth potential.

A key driver of DOGEN’s success lies in its community-focused approach. DOGEN’s multi-level referral program is designed to reward participants at every level. Users earn 7% from direct referrals (1st level) and receive additional rewards as their referrals bring in new users, creating a network of profit-sharing.

In addition to the referral program, DOGEN offers an exciting airdrop opportunity. By earning Golden Points, users can increase their share of $DOGEN when the airdrop occurs. The more $DOGEN purchased, the more Golden Points accumulated. For example, purchasing between $10-$250 worth of DOGEN earns 6% in Golden Points, while purchases of $10,000+ earn 12%. Users also earn the same amount of Golden Points for their referrals’ purchases, making the rewards even more significant.

Flex Hard, Earn Big – DOGEN is Your Next Power Play!

Decentraland (MANA) Rallies 142%, Eyes Break Above $1.02 Resistance

Decentraland (MANA) has surged recently, gaining 74.67% in the past week and an impressive 142.06% over the last month. The current price ranges from $0.48 to $0.88, moving above both the 10-day and 100-day simple moving averages, which are at $0.69 and $0.51 respectively. The Relative Strength Index is at 56.71, suggesting there’s room for more growth before reaching overbought levels. The nearest resistance level is $1.02; if MANA breaks through, it could target the second resistance at $1.42, offering potential for significant gains. With bullish momentum indicators like a positive MACD level of 0.0273, Decentraland may continue its upward trajectory.

Sandbox (SAND) Soars: Eyes Next Resistance at $1.13 Amid Bullish Momentum

The Sandbox (SAND) has surged, with a 1-week price change of 116.41% and a 1-month increase of 209.99%. Trading between $0.46 and $0.95, SAND is above its 10-day and 100-day simple moving averages of $0.78 and $0.46, signaling strong upward momentum. The RSI is 61.54, showing bullish sentiment without being overbought. With the nearest resistance at $1.13, SAND could break through and aim for the second resistance at $1.62. The MACD level of 0.0622 supports this positive trend. If momentum continues, SAND might increase by over 70% from current levels to reach the next resistance. This could be a significant move as the altcoin season approaches.

Stellar (XLM) Surges Over 400% with Strong Upward Momentum

Stellar (XLM) has experienced significant growth recently, with its price increasing by 173.83% in the past week and 477.25% over the last month. Currently trading between $0.28 and $0.72, the cryptocurrency shows strong upward momentum. The 10-day and 100-day simple moving averages are at $0.52 and $0.41 respectively, indicating a positive trend. Technical indicators such as the Relative Strength Index (RSI) at 53.79 and Stochastic at 45.07 suggest that XLM is neither overbought nor oversold. The nearest resistance level is at $0.90, and the next significant resistance is at $1.34. The nearest support level sits at $0.0167. These levels are crucial as they may influence XLM’s upcoming price movements.

Conclusion

MANA, SAND, and XLM show limited short-term potential, while DOGEN stands out. Designed for those seeking luxury and success, DOGEN builds a community of leaders aiming for market dominance. With an expected 700% growth by presale’s end and potential thousand-fold returns this altcoin season, it follows successful tokens like BONK and Popcat, offering real benefits and exclusive perks for early adopters.

Site: https://dogen.meme/ Twitter: https://x.com/dogenmeme Telegram: https://t.me/Dogen_Portal

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.