Dogecoin News Today: Dogecoin Momentum Wanes as Pepe Dollar Attracts 2.3 Billion Token Buyers

Dogecoin (DOGE), once surging past an $80 billion market cap, has shown signs of stagnation as it struggles to break through key resistance levels of $0.224 and $0.25. Despite bullish news such as Bit Origin adding DOGE to its treasury, traders and large holders are beginning to reassess their positions [1]. The recent accumulation of 2.3 billion DOGE in 72 hours following the news did little to push the price decisively past $0.216, suggesting a lack of fresh catalysts to reignite momentum [1].

Meanwhile, a new entrant in the MemeFi space—Pepe Dollar (PEPD)—is rapidly gaining attention from investors, particularly those previously invested in Dogecoin [1]. Currently in presale at just $0.004688, PEPD has already raised over $763,000, drawing in early adopters who see its low entry point and high upside as an attractive proposition [1]. The project is designed with features such as Layer-2 speed, deflationary mechanisms, and integrations into mobile games and Pay-Fi platforms—elements that Dogecoin has yet to incorporate despite its decade-long presence in the market [1].

PEPD is particularly appealing to traders who missed the early runs of DOGE and Shiba Inu (SHIB). It taps into the growing demand for meme coins with real utility and movement, offering more than just speculative value [1]. Analysts note that while DOGE’s RSI and MACD indicators suggest potential continuation, the lack of breakthroughs and fading meme momentum have shifted attention toward newer projects like PEPD [1].

The shift is also driven by narrative and cultural relevance. While DOGE increasingly appears as digital nostalgia, PEPD is being positioned as a forward-looking, community-driven token with real-world use cases such as NFT utility and commerce features [1]. This differentiation has led to a growing interest in PEPD on crypto social platforms, where traders are comparing it to past meme winners but with stronger fundamentals and real token mechanics [1].

As the MemeFi cycle continues to evolve, the market is showing a clear trend: early DOGE whales are rotating into PEPD, seeing it as a second-chance opportunity for 100X returns [1]. With a presale valuation under $5 million and planned future listings at nearly 10x the current price, PEPD is drawing in high-risk, high-reward investors who are betting on its potential to lead the next wave of meme-driven growth [1].

Dogecoin’s momentum appears to be waning, while Pepe Dollar is gaining traction as the degen crowd looks for the next big thing. Whether PEPD can maintain this trajectory remains to be seen, but the current data and investor behavior suggest a meaningful shift in capital allocation within the meme coin space [1].

Source:

[1] title: Dogecoin’s $80B ATH Comeback Stalls, Pepe Dollar (PEPD) Draws Doge Whales Hunting for 100X ROI

(url: https://www.newsbtc.com/sponsored/dogecoins-80b-ath-comeback-stalls-pepe-dollar-pepd-draws-doge-whales-hunting-for-100x-roi/)