In the ever-evolving world of cryptocurrencies, the importance of conducting research before investing in coins cannot be overstated. It is crucial to stay aware of the latest trends, not only regarding crypto prices but social media events related to these currencies as well. Currently, after an extended period of bearish XRP price, the expectations of a surge in its value and Elon Musk’s claim denying the launch of X’s native cryptocurrency have made headlines.
Therefore, in this article, let’s unveil the causes and implications of these two events and explore the future outlook for a new contender in the crypto space, DogeMiyagi ($MIYAGI), that brings together the practical aspects of Decentralized Finance (DeFi) and the thrilling world of meme coins to redefine the crypto landscape.
12% Increase Expected After Bearish XRP Price for 1 Week
XRP was launched in 2011 and is one of the top cryptocurrencies today. It is the native token of Ripple, a blockchain based digital payments platform. XRP has been successful in capturing the attention of investors, thanks to its cost-effectiveness, faster transaction speed and lower energy usage than other established cryptos like Bitcoin. It is primarily used to facilitate global financial transactions, currency exchange and as a store of value.
After almost a week of bearish XRP price and losing around 20% value from an all-time high of $0.9, the coin is expected to gain back the momentum and surge by over 12%. This projection is based on a 50-day Exponential Moving Average (EMA), known for lending support during price declines and serving as an indispensable analytics tool. This positive price prediction indicates that altcoins with utility and remarkable historical performance are bound to deliver returns in the long-term.
The Everlasting Influence Of Elon Musk On DogeCoin
Dogecoin is one of the most popular and highly valued meme-coins. It was launched in 2013 as a light-hearted alternative to traditional cryptocurrencies. However, it took the crypto world by storm in 2021 by securing a spot among the top ten currencies in terms of market capitalization, with a value of over $50 billion. DogeCoin also comes under the spotlight quite frequently due to its mentions by Elon Musk. The mere act of Musk sharing tweets about DogeCoin crypto or engaging in playful manipulation of the coin’s logo can trigger noteworthy price fluctuations.
Recently, the market was abuzz with rumours about the launch of a native token by Elon Musk on X (formerly known as Twitter). However, he completely denied them, claiming that there was no launch intended. This has made the crypto community wonder whether he will at least introduce a DOGE payments platform on X and keep supporting the coin’s growth. Therefore, the future for DogeCoin crypto is optimistic but uncertain.
DogeMiyagi: The Rising Star Of Both Worlds
It is evident that coins with utility like XRP and strong community support like DogeCoin have tremendous growth potential in the long-run. DogeMiyagi is a coin that brings together the best of both worlds, flawlessly blending utility with the meme culture. Therefore, it is definitely the best option for investors on the lookout for new coins to buy. Its unique approach is a testament to the extensive research and market understanding behind the coin’s launch.
The innovative features of DogeMiyagi that have caught the attention of the crypto community include its highly rewarding referral scheme that offers a 10% commission for every purchase made through a user’s referral link. Moreover, it aims to launch an exclusive NFT club, enhancing the collective experience of its community and paving the way for its long-term success. Finally, it offers a Decentralized Exchange (DEX) service called Killer-swap machine..
To sum up, amidst the constantly changing landscape of blockchain and cryptocurrencies, staying informed is key. After a week of bearish XRP price, analysts predict a promising 12%+ price increase. Furthermore, Elon Musk’s denial of a native token launch for X hints at ongoing support for Dogecoin, underlining the potential of coins with utility and tight-knit communities. This backdrop sets the stage for the success of DogeMiyagi, which combines these strengths seamlessly.
So, if you are looking for new coins to buy, invest into the DogeMiyagi presale while it is in its early stages!
DogeMiyagi (MIYAGI):
Website: https://dogemiyagi.com
Twitter: https://twitter.com/_Dogemiyagi_
Telegram: https://t.me/dogemiyagi