Dogizen readies for open market as crypto majors rebound

Crypto majors like Ripple and Bitcoin rebounded after a dip, while Dogizen, a new GameFi project, is set for explosive success with its presale ending soon. The project has raised $3.86 million and is expected to benefit from a pro-crypto environment and its positioning in the Telegram gaming sector.

The cryptocurrency market experienced a significant downturn in the early Monday session, with majors like Ripple and Bitcoin plummeting to multi-month lows. However, savvy investors saw an opportunity to “buy the dip,” leading to impressive rebounds. Ripple, in particular, has reversed some of its losses, trading at $2.6902 at the time of writing.

Ripple Price Impressive Rebound as Investors Buy the Dip

Ripple’s price extended its losses from the previous session, plunging below the ascending trendline connecting several of its lows since mid-November 2024. It dropped to a two-month low at $1.7610 before reversing some of those losses. The altcoin has gone back to trading above the medium-term 50-day EMA, but remains below the short-term 20-day EMA.

According to analysts, Ripple’s current level will likely find support along the 50-day EMA at $2.6255 as the bulls gather enough momentum to break the resistance along the 20-day EMA at $2.9000. This thesis will hold as long as Ripple’s price remains above the crucial zone of $2.5000.

Dogizen Enters the Home Stretch as a Broad Playing Field Awaits

Dogizen, a new GameFi project, is on its home stretch with its presale slated to end on Friday, 7th February. In a span of 4 months, the project has already raised $3.86 million. With its apt timing and immense growth potential, its current price of $0.000085 may be the lowest it will ever get to.

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As a small-cap cryptocurrency, Dogizen has a wider room for growth and is set to secure its early adopters hefty profits upon hitting the open market. The project’s listing comes at a time when cryptocurrencies are expected to benefit from President Trump’s policies, which are anticipated to create a pro-crypto environment.

Additionally, Dogizen is positioned in the Telegram gaming sector, which has over 950 million monthly active users. This, coupled with the anticipated crypto bull run in 2025 and expected explosion of the GameFi sector, sets Dogizen up for success. The project has also insured itself against the wave of dumps that has impacted its rivals in the past by embracing a well-organized presale instead of airdrops.

As the presale comes to an end, investors are rushing to amass Dogiz tokens, which are expected to surpass their target. With its immense growth potential and pro-crypto environment, Dogizen is bound to reach new heights. Learn more about how to buy Dogizen and be a part of this exciting project.

Dogizen Prepares for Open Market as Crypto Majors Rebound

Source: News | Coinjournal.net

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