Is Now the Ideal Moment to Stack Up on DOGE as Hot Meme Coin Commences Winning Streak?
Dogecoin (DOGE) has seen a modest increase in its price over the past day, in line with the broader market rally after a rough week. Its developers have been working hard to improve the asset’s use case as a viable payment method, which has led Unstoppable Domains to accept DOGE as a payment method. Meanwhile, investors are keen to see if DOGE can deliver huge profits, with meme coins being notable for their sporadic gains. On the technical front, DOGE is showing some mixed signals, although it is currently trumping its long-term moving average indicators. CCHG, which powers a blockchain-based charging solution for electric vehicles, and FGHT, the native token of the Fight Out ecosystem that provides a novel approach to fitness and health, are two assets that could prove more attractive than DOGE for investors as the market struggles out of its bearish movement. Investors have the chance to invest in both assets as they are both on presale for the time being. DOGE’s unshakeable support from Twitter owner Elon Musk means that it still leads the meme coin charge and is the most recognizable crypto asset in this market niche. However, alternatives like CCHG and FGHT provide investors with the opportunity to invest in innovative assets with novel use cases.