Dogey Inu Coin (DINU) Price PredictionIs Tamadoge a Better Alternative to DINU?

What Do You Think Tamadoge Will Do to the Dogey Inu Coin Price?

Dogey Inu (DINU) meme coin has surged by over 46% in the previous few days, despite the general pessimism in the cryptocurrency markets. Meme coins, which have a seemingly inverse relationship to the popularity of other cryptocurrencies, are currently among the best performing digital currency investments.

Coinmarketcap classifies Dogey Inu (DINU) as a micro-cap meme with a market cap of $1,299,380; this suggests that DINU is very speculative but has the potential to experience explosive growth in the future. Fun and experimental, Dogey Inu (DINU) takes its moniker from the popular Shiba Inu meme currency.

How much further can Dogey Inu (DINU) go up in value this year?

Dogey Inu (DINU) Price Prediction 2022

Technical analysis shows that Dogey Inu (DINU) has been on a tear higher over the past few days. Especially since Bitcoin’s rising wedge posture lost critical support, sending the price crashing back down to sub-$21,000 levels. Many small-cap meme currencies, including Dogey Inu (DINU), appear to be immune to Bitcoin’s downward price movement.

From its high anxiety period in July 2022 after the Terra Luna crypto meltdown, Dogey Inu (DINU) has since increased by more than 210%. In a bad market, investing in low market cap meme coins might be risky, but lucrative if you pick the right one.

Dogey Inu (DINU) is trading at $0.00000000312 right now, with a pricing structure reminiscent of the crypto markets’ first wycoff distribution phase in the summer lows of 2021. Until the next impulse wave or crypto bull run, I believe that the time to accumulate most big altcoins is now.

When May 2021 rolled around, $0.000000065 was Dogey Inu’s (DINU) all-time high point. The subsequent 99% price drop occurred in the summer of 2021. (left purple rectangle, accumulation range). Almost immediately after this low, Dogey Inu (DINU) began a parabolic recovery, eventually reaching a high of $0.0000000476, a gain of 8,275% from its trough.

Dogey Inu (DINU) is currently trading at levels that are similar to the summer lows of 2021, leading me to assume that a rally could occur shortly provided there is sufficient accumulation and traction.

 

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Rising Interest in the Dogey Inu (DINU) Meme Coin

When looking at the price charts on a daily time frame, we can see that Dogey Inu (DINU) is trading within a horizontal channel. If we are able to break above the trendline of resistance at $0.000000003817, then the upward trend could continue.

The extraordinary volatility of Dogey Inu (DINUprice )’s motion can be attributed to the cryptocurrency’s tiny market size. In my perspective, a breakout above the $0.000000008214 resistance trendline in Dogey Inu (INU) would be the most optimistic scenario. Even at today’s prices, this has the potential to yield a return of more than 100%. (extremely risky, do your own research).

 

The fact that Dogey Inu’s (DINU) market cap is only $1.3 million indicates that there is room for significant growth for this meme coin. I’m keeping my sights fixed on Tamadoge since I believe it has the best shot of a 10-100x return. Dogey Inu (DINU) is just too dangerous for me.

More promising alternatives to Meme Coins?

Dogey Inu (DINU) is a meme coin that has started two parabolic rallies, both of which have been followed by very severe corrections in prior altcoin seasons. Even though it fared quite well up until it reached a market cap of $16 million, I don’t think it will be seized in the next crypto bull run. Rather than investing in coins that are already listed on exchanges, I want to do crypto presale research to find promising new projects to back.

Tamadoge, a brand-new exciting meme coin currently in presale, is soon to be released on the cryptocurrency exchanges. With a maximum supply of only 2 billion, the potential for growth in the value of Tamadoge, a new deflationary, tax-free utility and play-to-earn meme coin, is enormous.

Although the cryptocurrency industry as a whole is in a bear market, Tamadoge (TAMA) has managed to raise $6,964,685 in just three weeks through a presale. Because cryptocurrencies don’t tend to respond much to market sentiment, and instead rely more on the success of their presale and marketing initiatives, they make a good bet during adverse price action.

In one case we studied, a presale surged almost 400% when it was released to the public on the decentralized exchange pancakeswap.

Next, I’d invest in Tamadoge (TAMA) because it’s garnered a lot of attention and because it has solid practicality and replay value for its holders. Tamadoge will provide holders with incentives by way of NFTs, real-world gifts, and more.