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Dogecoin Holds Steady, JetBolt Presale Surges
Generated by AI AgentCoin World
Wednesday, Feb 26, 2025 7:57 am ET1min read
Despite the recent sell-off in the meme coin market, Dogecoin (DOGE) has managed to hold above $0.2131 and even rose by 5.4% in the last 24 hours. This resilience has sparked discussions about the possibility of Dogecoin reaching $2. Meanwhile, a new altcoin, JetBolt (JBOLT), has been gaining traction with its presale, selling close to 335 million tokens since its debut.
Dogecoin's price has been volatile in recent weeks, with a 15.6% drop over the past week and a 35.3% decline this month. The downturn was primarily due to the North Korea-linked Lazarus Group hack on Bybit and multiple alleged meme coin rug pulls. Analysts suggest that it may take some time for Dogecoin to reach $2, as its technical indicators show a negative trend, with the Moving Average Convergence Divergence (MACD) signaling a death crossover and the Relative Strength Index (RSI) below 50.
To reach the $2 milestone, Dogecoin must break above the $0.30 level and gain bullish momentum. Recent news includes a five-year collaboration between the Dogecoin Foundation and "House of Doge," which could help Dogecoin push past its resistance levels and attract more investors. Crypto analyst Ali Martinez suggests that if Dogecoin maintains its key support levels, a potential rally could be on the horizon.
In the meantime, JetBolt (JBOLT) has been making waves with its zero-gas technology and a successful presale. Powered by Skale Network, JetBolt eliminates gas fees in all transactions on the platform, making it an attractive option for developers looking to create dApps, blockchain gaming, and Web3 projects. The JetBolt presale has been heating up, with early adopters receiving up to a 25% bonus on token purchases. As the token price increases daily, whales are rushing to buy JBOLT tokens.
While Dogecoin's road to $2 seems uncertain in the short term, analysts suggest a longer timeframe could be more realistic. JetBolt, on the other hand, appears to be one of the altcoins to watch in 2025, given its innovative attributes and presale momentum. As always, it is
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