{"id":364882,"date":"2025-02-02T18:44:20","date_gmt":"2025-02-02T13:14:20","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=364882"},"modified":"2025-02-02T18:44:20","modified_gmt":"2025-02-02T13:14:20","slug":"this-is-how-dogecoin-can-lead-the-memecoin-market-comeback-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/this-is-how-dogecoin-can-lead-the-memecoin-market-comeback-crypto-news\/","title":{"rendered":"THIS is how Dogecoin can lead the memecoin market comeback &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<ul>\n<li><em>Dogecoin is the most popular memecoin- and its price action could dictate the sector\u2019s trends.<\/em><\/li>\n<li><em>On-chain metrics showed a buy signal for long-term DOGE investors.<\/em><\/li>\n<\/ul>\n<p>The memecoin market has shed 39.4% in market cap since the 9th of December. Over the past month, the price charts of most memecoins have been pointed downward only.<\/p>\n<p><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/predictions\/bitcoin-price-prediction\/\" data-wpel-link=\"internal\">Bitcoin\u2019s [BTC]<\/a> volatility around the $100k mark has affected the altcoin market, and in turn, the memes as well.<\/p>\n<div id=\"attachment_464031\" style=\"width: 1809px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-meme-mcap.png\" data-wpel-link=\"internal\"><\/a><\/p>\n<p id=\"caption-attachment-464031\" class=\"wp-caption-text\">Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coinmarketcap.com\/view\/memes\/\" data-wpel-link=\"external\">CoinMarketCap<\/a><\/p>\n<\/div>\n<p>The launch of <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/predictions\/official-trump-price-prediction\" data-wpel-link=\"internal\">Official Trump [TRUMP]<\/a> did little to alleviate this stress. Holders were tempted to sell their other meme holdings and buy TRUMP as its price shot higher rashly.<\/p>\n<p>After reaching an all-time high of $73.43 on the 19th of January, TRUMP too has been in a severe decline, falling 71% in two weeks.<\/p>\n<div id=\"attachment_464032\" style=\"width: 1950px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-TRUMP-price.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-464032\" class=\"size-full wp-image-464032\" src=\"image\/svg+xml,%3Csvg%20xmlns=\" alt=\"TRUMP 4-hour Chart\" width=\"1940\" height=\"1010\" data-lazy-srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-TRUMP-price.png 1940w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-TRUMP-price-300x156.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-TRUMP-price-1024x533.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-TRUMP-price-768x400.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-TRUMP-price-1536x800.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-TRUMP-price-1200x625.png 1200w\" data-lazy-sizes=\"(max-width: 1940px) 100vw, 1940px\" data-lazy-src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-TRUMP-price.png\" \/><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-464032\" class=\"size-full wp-image-464032\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-TRUMP-price.png\" alt=\"TRUMP 4-hour Chart\" width=\"1940\" height=\"1010\" \/><\/a><\/p>\n<p id=\"caption-attachment-464032\" class=\"wp-caption-text\">Source: TRUMP\/USDT on TradingView<\/p>\n<\/div>\n<p>The token has fallen below the short-term range it formed, and new lows were likely ahead. The A\/D indicator did not inspire much confidence either.<\/p>\n<p>TRUMP\u2019s price action could dissuade the public from buying memecoins in the near-future.<\/p>\n<h2>Could Dogecoin rescue the meme market?<\/h2>\n<div id=\"attachment_464030\" style=\"width: 2570px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-DOGE-santiment-comp.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-464030\" class=\"size-full wp-image-464030\" src=\"image\/svg+xml,%3Csvg%20xmlns=\" alt=\"DOGE vs SHIB and PEPE\" width=\"2560\" height=\"867\" data-lazy-srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-DOGE-santiment-comp.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-DOGE-santiment-comp-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-DOGE-santiment-comp-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-DOGE-santiment-comp-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-DOGE-santiment-comp-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-DOGE-santiment-comp-2048x693.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-DOGE-santiment-comp-1200x406.png 1200w\" data-lazy-sizes=\"(max-width: 2560px) 100vw, 2560px\" data-lazy-src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-DOGE-santiment-comp.png\" \/><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-464030\" class=\"size-full wp-image-464030\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-DOGE-santiment-comp.png\" alt=\"DOGE vs SHIB and PEPE\" width=\"2560\" height=\"867\" \/><\/a><\/p>\n<p id=\"caption-attachment-464030\" class=\"wp-caption-text\">Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/app.santiment.net\/s\/obEqbHl5\" data-wpel-link=\"external\">Santiment<\/a><\/p>\n<\/div>\n<p>As the leading memecoin by market cap, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/predictions\/dogecoin-price-prediction\" data-wpel-link=\"internal\">Dogecoin [DOGE]<\/a> will be a good indicator of the health of the sector at large.<\/p>\n<p>At press time, it had a <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/app.intotheblock.com\/coin\/DOGE\/deep-dive?group=financials&amp;subgroup=correlations\" data-wpel-link=\"external\">+0.89 correlation<\/a> with <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/predictions\/shiba-inu-price-prediction\" data-wpel-link=\"internal\">Shiba Inu [SHIB]<\/a>, which meant that the large memecoins\u2019 performance is closely correlated with the leader\u2019s.<\/p>\n<p>As the Santiment data above highlights, DOGE has consistently had a higher social dominance than SHIB or <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/predictions\/pepe-price-prediction\" data-wpel-link=\"internal\">Pepe [PEPE]<\/a>.<\/p>\n<p>Social dominance is the percentage share of a coin\u2019s mentions in social media.<\/p>\n<div id=\"attachment_464028\" style=\"width: 2570px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-DOGE-metrics-comp.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-464028\" class=\"size-full wp-image-464028\" src=\"image\/svg+xml,%3Csvg%20xmlns=\" alt=\"Dogecoin Metrics\" width=\"2560\" height=\"867\" data-lazy-srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-DOGE-metrics-comp.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-DOGE-metrics-comp-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-DOGE-metrics-comp-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-DOGE-metrics-comp-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-DOGE-metrics-comp-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-DOGE-metrics-comp-2048x693.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-DOGE-metrics-comp-1200x406.png 1200w\" data-lazy-sizes=\"(max-width: 2560px) 100vw, 2560px\" data-lazy-src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-DOGE-metrics-comp.png\" \/><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-464028\" class=\"size-full wp-image-464028\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-DOGE-metrics-comp.png\" alt=\"Dogecoin Metrics\" width=\"2560\" height=\"867\" \/><\/a><\/p>\n<p id=\"caption-attachment-464028\" class=\"wp-caption-text\">Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/app.santiment.net\/s\/ivB46x7l\" data-wpel-link=\"external\">Santiment<\/a><\/p>\n<\/div>\n<p>The on-chain metrics reflected bullishness. The dormant circulation did not show a flurry of token movement that generally precedes a wave of selling.<\/p>\n<p>The mean coin age has been rising over the past six weeks as well, even though the price was unable to trend higher.<\/p>\n<p>The 60-day MVRV was negative, showing short to medium term holders were at a loss. Together, the metrics presented a buy signal.<\/p>\n<div id=\"attachment_464029\" style=\"width: 1537px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-DOGE-mobchart.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-464029\" class=\"size-full wp-image-464029\" src=\"image\/svg+xml,%3Csvg%20xmlns=\" alt=\"Dogecoin Orderbook Heatmap\" width=\"1527\" height=\"905\" data-lazy-srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-DOGE-mobchart.png 1527w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-DOGE-mobchart-300x178.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-DOGE-mobchart-1024x607.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-DOGE-mobchart-768x455.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-DOGE-mobchart-1200x711.png 1200w\" data-lazy-sizes=\"(max-width: 1527px) 100vw, 1527px\" data-lazy-src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-DOGE-mobchart.png\" \/><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-464029\" class=\"size-full wp-image-464029\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/MD-1-DOGE-mobchart.png\" alt=\"Dogecoin Orderbook Heatmap\" width=\"1527\" height=\"905\" \/><\/a><\/p>\n<p id=\"caption-attachment-464029\" class=\"wp-caption-text\">Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/mobchart.com\/dashboard\/workspace\/default?exchange=binance&amp;ticker=DOGEUSDT&amp;interval=1h\" data-wpel-link=\"external\">MobChart<\/a><\/p>\n<\/div>\n<hr \/>\n<p style=\"text-align: center\">Read <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/predictions\/dogecoin-price-prediction\/\" data-wpel-link=\"internal\">Dogecoin\u2019s [DOGE] Price Prediction<\/a> 2025-26<\/p>\n<hr \/>\n<p>The orderbook data outlined the key support resistances for the coming days. The concentration of limit buy orders at the $0.28, $0.27, and $0.26 round numbers showed that price could gravitate to these levels before a reversal.<\/p>\n<p>The orders imbalance was skewed toward the buyers in the 10% space around the current price, embellishing the idea of a bullish short-term reversal.<\/p>\n<div class=\"post-nav\">\n<div class=\"next-blog\">\n\t\t\t\t\t\t\t\t\t\t\tNext: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/bitcoins-market-uncertainty-key-factors-driving-btcs-movements\/\" data-wpel-link=\"internal\">Bitcoin\u2019s market uncertainty: Key factors driving BTC\u2019s movements<\/a>\t\t\t\t\t\t\t\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin is the most popular memecoin- and its price action could dictate the sector\u2019s trends. On-chain metrics showed a buy signal for long-term DOGE investors. The memecoin market has shed 39.4% in market cap since the 9th of December. Over the past month, the price charts of most memecoins have been pointed downward only. Bitcoin\u2019s [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":364884,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-364882","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/364882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=364882"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/364882\/revisions"}],"predecessor-version":[{"id":364886,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/364882\/revisions\/364886"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/364884"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=364882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=364882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=364882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}