Despite the meme coin market’s sell-off linked to North Korea’s Lazarus Group pull-off scam and meme coin rug pull, Dogecoin (DOGE) is holding above $0.2131 today and reportedly rose by 5.4% in the last 24 hours. As the meme market recovers from the widespread sell-off, can Dogecoin attain $2?
On the other hand, the new altcoin JetBolt (JBOLT) continues to gain traction with its presale, which has already sold close to 335 million tokens since its debut. This young crypto attracts the crypto community by offering zero-gas technology and other riveting features.
Can Dogecoin pave a way to $2? And what’s behind JetBolt presale heat up? Let’s find out.
Dogecoin (DOGE) plummeted over 15.6% over the past week and was down by 35.3% this month. DOGE’s downturn was caused by North Korea’s Lazarus Group pull-off hack of $1.4 billion on Bybit on February 21st and the meme coin crashing because of the multiple alleged meme coin rug pull.
According to some DOGE analysts, it may take a while for Dogecoin before it reaches $2. Its technical indicators are showing a negative trend, with its Moving Average Convergence Divergence (MACD) signaling a death crossover and Relative Strength Index (RSI) below 50.
DOGE must break above the $0.30 level and acquire a bullish momentum before hitting the acclaimed price prediction. Meanwhile, in DOGE news, Dogecoin Foundation has recently signed a five-year collaboration with “House of Doge.” This partnership could also help Dogecoin push past its resistance levels and possibly gain more traction among investors.
Crypto analyst Ali Martinez suggests if Dogecoin falls below support levels, DOGE could fall further. He also added that if DOGE maintains its key support, a potential rally could loom on the horizon.
In spite of the current market sell-off for meme coins, analysts are optimistic that DOGE could reach $2 but a longer timeframe would be more realistic.
In a world where a lot of new cryptos are rising, JetBolt (JBOLT) is establishing a name of its own, presenting its zero-gas technology and other intriguing features. This young altcoin continues to smash presale milestones, now selling close to 335 million tokens and counting.
Powered by Skale Network, JetBolt offers a zero-gas technology that completely eliminates gas fees in all transactions on the platform. With this move, JetBolt can help developers create dApps, blockchain gaming, and Web3 projects without the trouble of paying for sky-high gas fees.
A seamless experience awaits on the JetBolt platform. Users can enjoy rapid transaction speeds and near-instant finality. Traders won’t also have a hard time transacting, thanks to JetBolt’s user-intuitive Web3 wallet.
Beyond tech, JetBolt’s Proof of Attendance and Worth (PAW) protocol fuels excitement among users. Token holders can earn rewards by staking their tokens and engaging with others through JetBolt’s reward staking system.
The JetBolt presale heats up because of the numerous perks it offers. For instance, early adopters can snap up to 25% bonus tokens for their purchase of Alpha Box packages or token deals in batches. With JetBolt’s token price increasing daily, it’s not surprising that whales are rushing to buy JBOLT tokens.
While Dogecoin’s road to $2 seems improbable at the moment, analysts suggest a longer timeframe could better fit for DOGE to attain the price goal. Dogecoin must move past the $0.30 resistance, prevent from falling below its support levels, and acquire bullish momentum.
In other news, JetBolt (JBOLT) is making waves with its zero-gas technology and a fiery presale that has sold close to 335 million tokens since its inception. Boasting its innovative attributes and presale momentum, JetBolt appears to be one of the altcoins to watch out for this 2025.
For more information, check out JetBolt’s official website and X page today.
Nothing is certain in cryptocurrency— all crypto prices may surge or decline rapidly and the crypto market shifts frequently. Please take note that this article is not trading advice or financial advice. Please always remember to do your own research before buying any cryptocurrency or diving into this field. Trade responsibly.
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