Dogecoin Price Prediction: DOGE Tests $0.068 Support as Meme Buyers Turn to the Pepeto Presale

Dogecoin owners want to know on November 10 whether this year’s lows will hold. DOGE has lost about 33% since it traded above $0.10 in September, which leaves sellers in control of the chart.

Yet the network handled about 322,210 transactions in the week from November 3, 33% more than a year earlier, so use is rising while the price falls. Which of those numbers wins is the open question in any dogecoin price prediction.

That split has meme traders buying early for the next rebound, and part of their money is going into Pepeto, a meme coin presale that is building an exchange with no trading fee.

Dogecoin Price Prediction: DOGE Must Hold $0.068 to Avoid $0.06

DOGE’s next direction depends on the $0.068 support, about 2% below the November 10 price of $0.0695. A daily close under it points to $0.065 and then $0.06, a 14% drop, while a bounce from it targets $0.073 to $0.075, up to 8% higher.

Still, that busy network gives DOGE a base of real use, and its RSI near 34 sits close to the oversold reading of 30. Both give buyers a reason to defend $0.068.

However, fewer new buyers are arriving, since new addresses fell 41% from a year earlier. Even a full climb back to $0.10 would be about 44% for a coin worth $10.9 billion, and $1,000 earns that 44% exactly as $1 million does.

What this means is that the dogecoin price prediction now covers a recovery of up to 44%, because the gains that made DOGE famous went to buyers who held it while it was small. Meme coin virality pays the most at that size, and that is the size Pepeto has today.

Meme Coin Buyers Back Pepeto With $11.3 Million During DOGE’s Slide

In the months DOGE lost a third of its price, meme coin buyers put more than $11.3 million into Pepeto, a presale coin whose cofounder built the original Pepe. It pairs a meme coin with a swap exchange, a cross chain bridge and a token scanner, all in development.

The exchange, PepetoSwap, goes after the cost every meme trader pays on each swap. Its fee is 0.00%, so a $1,000 trade costs only network gas, against $3 on Uniswap and $2.50 on PancakeSwap. A trader who makes 200 trades of $5,000 keeps the $3,000 Uniswap would charge.

Staking gives holders a second reason to keep the token, at 160% APY during the presale. The team grants private testing access to community members and big investors, and the code has passed a SolidProof audit and a KYC check.

The token sells for $0.0000001906 in the current stage, and each stage ends on its timer or its target, with the next one priced higher.

That price sits on a base of $11.3 million, while DOGE needs about $4.8 billion of new value just to climb 44% to $0.10. So the same new meme money moves a presale this size far further than it moves DOGE.

Conclusion

DOGE hit $0.057 on October 14, 2023, in a month when meme coins drew few buyers, and reached $0.22 on March 28, 2024. That 286% gain turned $1,000 into about $3,860 for the October buyers, and no DOGE holder can buy at that price again.

This week’s dogecoin price prediction ranges from a fall to $0.06 to a 44% recovery. As DOGE waits on its $0.068 support, Pepeto keeps drawing meme money toward its expected Binance listing.

With a zero fee exchange in testing and a stage price that rises every round, buyers entering Pepeto now pay while the Fear and Greed Index reads 37. DOGE’s 2023 buyers made that same purchase in a fearful month, and the climb to $0.22 paid them first.

Click To Visit Pepeto Website To Enter The Presale