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Doginphire Price Prediction: Elon Musk Tweet Ignites 284% Surge In New Solana Meme Coin FIRE As Analysts Say Meme Kombat Might Be Next To Explode

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The Doginphire price has soared 284% in the last 24 hours to trade at $0.001477 as of 5:34 a.m. EST, with its trading volume surging 189% to $4.3 million.

The bullish sentiment was boosted by Elon Musk‘s fire emoji tweet to Billy Markus, the co-founder of Dogecoin (DOGE). The tweet triggered FOMO (fear of missing out) as the community wondered if FIRE is the new DOGE, or if it would follow the parabolic trajectories of other recent Solana meme coin stars like Bonk (BONK), Dogwifhat (WIF), Myro (MYRO) and Honk (HONK).

Sentiment around FIRE, the newest addition to Solana-based meme coins, was also boosted by the BitMart crypto exchange’s announcement of its intention to list Doginphire on its platform.

The exchange has yet to state the exact date, but it’s expected soon. The team behind the FIRE meme coin announced on X that two more listings are in the works on “top 10 exchanges.”

The Doginphire Price Bulls Sustain the Bullish Stance

Doginphire Price Chart Analysis. Source: Dextools.io
FIREUSD Chart Analysis. Source: Dextools.io

The Doginphire bulls have taken charge at the $0.0003642 support level, coming out of a consolidation stage and propelling the FIRE price upward in sustained bullish momentum. 

A breakout follows a short price decline phase, preventing bulls from increasing prices and reaching the $0.001822 supply zone.

The price is trading above the 21 and 50 Simple Moving Averages (SMA), as both SMAs are immediate support levels for the FIRE price. The moving average cross at $0.00006349 further reinforces the general bullish momentum.

The Relative Strength Index (RSI) signals a bullish rebound on the 50 neutral levels, which may force the RSI to back the overbought threshold of 70. 

The MACD trades above the neutral line as the blue line crosses the orange signal line. The histogram is also positive above the neutral line.

Doginphire Price Prediction, Bulls Target $0.002570

The Doginphire price is predominantly bullish, with the RSI and MACD creating a favorable outlook for optimistic investors, anticipating a potential 30% increase to the next projected high at $0.002570. 

However, the bears may take control, leading to a price correction and potentially retracing towards the $0.001259 support level.

Meanwhile, investors are diversifying their portfolio with Meme Kombat tokens, which analysts say has the potential to be the next meme coin explode.

Meme Kombat (MK) Closes In On $10 Million Hard Cap – Best Crypto to Buy Now

Meme Kombat (MK) has become the latest sensation to hit the meme coin scene with a presale that’s already attracted more than $8.3 million of its $10 million hard cap.

You can buy the MK tokens at $0.279 each ahead of its listing. 

With the Meme Kombat platform, you get access to AI-generated battles using meme characters that you wager on. This enables you to get rewards when your chosen characters win.

Season 1 of Kombat will begin when the token gets launched on major exchanges. The Kombat includes a battle character of 11 popular memes like Pepe, Milady and more.

The Meme Kombat NFTs launch will follow suit, with a visually appealing design guaranteeing significant utility in Season 2 of Kombat. The NFTs offer a distinctive fusion of art and functionality.

More Rewards On Staking

The MK platform offers an opportunity to earn rewards through staking your MK tokens, offering a 112% annual percentage yield (APY). Stakers have already staked over 35 million MK tokens, with rewards of over $7.6 million paid out. The number of stakers now stands at 11,460.

YouTuber and crypto analyst Jacob Bury finds Meme Kombat one of the best presales to buy in 2024. He says it has the potential for a 10 X increase on launch.

To participate, connect your Web 3 wallet to the official Meme Kombat website and exchange your ETH, USDT, or BNB for MK tokens.

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