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Dogecoin

This Dogecoin Rival Is Set For An Over 100% Pump – It’s Not Shiba Inu

Scott Matherson
by Scott Matherson
1 month ago
·
Posted in Altcoins
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Crypto analyst The Alchemist has predicted that the Dogecoin rival Baby Doge is set for a price surge of over 100%. The analyst highlighted a bullish pattern for the meme coin, which could spark this price surge while other meme coins like Shiba Inu remain in the red. 

Dogecoin Rival Baby Doge Set For Over 100% Pump

In a TradingView post, The Alchemist predicted that Baby Doge could enjoy a price rally of over 100% as it rallies from around $0.0000000013207 to around $0.0000000040220. He noted that the Dogecoin rival is again trading at a historically significant range low, a level that has previously acted as support for strong bullish expansions. 

Related Reading: Analyst Says This Leading Meme Coin Is Set For 115% Explosion – It’s Not Dogecoin Or Shiba Inu

He further remarked that the current setup mirrors past consolidations that last lasted over 270 days, each leading to a rapid move toward the range high for the Dogecoin rival. The analyst added that the confluence of extended consolidation time, strong support building, and low-volume accumulation suggests another potential build-up phase. 

Dogecoin
Source: The Alchemist on Tradingview

The Alchemist explained that this gives credence to a bullish bias if the range low continues to hold firm for Baby Doge in the coming weeks. He warned that the flip side remains clear, as a clean breakdown of the $0.0000000013207 level will invalidate the structure and likely trigger a deeper retrace. The analyst added that given the Dogecoin rival’s status as a high-risk, low-cap coin, position management and risk-to-reward remain key. 

He concluded by reemphasizing the fact that Baby Doge is sitting at a pivotal zone and that if accumulation sustains here, history could repeat itself without another breakout rally. His accompanying chart showed that the target for the Dogecoin rival on this projected move is $0.0000000040220. However, there was also the possibility that it could rally further to $0.0000000067526.

Fundamentals Support A Price Surge

Baby Doge’s fundamentals also support a price surge for the Dogecoin rival. The team recently provided a weekly update on several developments in the meme coin’s ecosystem, including the upcoming launch of the Baby Doge decentralized exchange (DEX). The team stated that usability tests are live and feedback has started rolling in. 

Related Reading: 3 Meme Coins Under $100M That Could Bring Better Returns Than Dogecoin And Shiba Inu

The meme coin’s focus landing design is also said to be under review while partnership talks are ongoing with major aggregators and trading tool companies. The Baby Doge team also provided development updates, stating that the Liquidity Pools v4 page, swap improvements, charts, and settings modules are all in the final stage. 

There are also plans to improve the Puppy Fun meme coin launchpad. The Baby Doge team has revealed that they plan to integrate AI-agentic features on the platform. The Binance wallet deep integration support will also be released this week. These developments are bullish for the Dogecoin rival and could contribute to the projected 100% price surge. 

At the time of writing, the Baby Doge price is trading at around $0.0000000081287, down in the last 24 hours, according to data from CoinMarketCap.

Baby Doge
BABYDOGE trading at $0.0000000012 on the 1D chart | Source: BABYDOGEUSDT on Tradingview.com
Featured image from Getty Images, chart from Tradingview.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Scott Matherson

Scott Matherson

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Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.

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