Doginphire Price Prediction: New Solana Meme Coin Smog Explodes, FIRE Surges 8,170% in One Week, Promises Huge Airdrops.

Doginphire price soared It has gained more than 8,170% over the past week as investors rush to buy the new meme coin, trading at $0.003551 as of 8:45 a.m. ET.

Doginphire price has broken out of the bullish channel.

FIRE/USDT 1-hour chart (Source: TradingView)

that much Dogginfire The price has fallen from a short-term positive price channel that has formed on the hourly chart over the past few hours. This caused the value of the meme coin to hover around the $0.003442 support level. It has already broken below this key price level twice in the last five hours, but the bulls could push the price back up.

Closing the hourly candle below this indicator may run the risk of a fall to the subsequent support level of $0.002395 in the next 12 hours. This bearish theory could be invalidated if the cryptocurrency recovers back within the rising price channel in the coming time. In this alternative scenario, Doginphire price could continue to rise and reach new heights.

Doginphire price growth potential

The Relative Strength Index (RSI) indicator on the FIRE 1-hour chart shows that the meme coin is closer to overbought areas than oversold areas. Nonetheless, cryptocurrencies still have significant upside potential. There is also a lot of buying pressure on the cryptocurrency charts, which is evident in the large wick below the current hourly candle. Both of these factors could be signs that the price of meme coins will rise over the next 24 hours.

It’s not just fire Solana Newly launched altcoins are currently performing amazingly. smog It has exploded onto the scene, surging more than 1,280% in the last 24 hours.

Airdrop investors won’t want to miss out

welcome to #smog, noble adventurers! 🐉✨

The time has come for a grand ceremony under the dragon’s gaze! 🏰

biggest #brush #airdrop In a history where loyalty is rewarded with treasures that shine like gold. 💰🔥💎

Start your quest! 🔍 pic.twitter.com/22npUXx2Z5

— Smog (@SMOGToken) February 6, 2024

Building on the success of recent releases such as Bonk, Honk, Myro and Dogwifhat smog We aim to achieve unprecedented success with our Turbocharged Airdrop campaign.

SMOG holders will have access to a professional cryptocurrency community that will catalyze unstoppable virality in the meme coin space. Through this group, holders will be exposed to interactive, ongoing multi-airdrop campaigns that will gamify the token holder experience.

This involves buying and selling SMOG in exchange for airdrop points.

SMOG focuses on rewarding token holders.

The exact details surrounding the airdrop campaign have not yet been revealed, but a deeper look into the project’s token economics reveals that a whopping 50% of the supply is earmarked to be used for marketing activities.

Additionally, 35% of the supply has been allocated for future airdrop rewards. The project’s supply will also decrease at launch, which will provide a stronger start compared to previous Solana meme coin pumps such as BONK, which is up over 895% to date.

Smog available for purchase here.

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