DOGEN Soars by 500% as DOGE and XRP Investors Look for New Opportunities
DOGE and XRP holders are turning their attention to a rising meme token named Dogen (DOGEN), which has seen a remarkable 500% surge following its launch on the Raydium DEX. As smart money moves into DOGEN, many wonder whether this emerging project could deliver higher returns than some of the market’s more established tokens.
DOGEN Surges 500% After DEX Launch
Since debuting on Raydium DEX on Feb. 4, DOGEN—marketed as the meme coin for those who “never settle”—rapidly soared to an all-time high of $0.0066 before stabilizing around $0.002. Despite the pullback, it remains up 566% from its $0.0003 presale price, where it raised $5.5 million in funding. This level of early investor demand underscores the growing excitement in the DOGEN community, which now boasts 30,000+ followers on X (formerly Twitter).
Notably, DOGEN’s fully diluted valuation (FDV) sits at around $28 million, with bulls eyeing a potential run toward $40 million, which could set a short-term price target of $0.004+. Technical analysts are watching for a descending channel breakout near $0.0032, as a surge above this mark could launch DOGEN toward $0.0056, retesting previous highs. With just 1 billion tokens circulating—about 10% of its total supply—DOGEN remains susceptible to high volatility, which could favor bullish momentum.
Adding to the enthusiasm, speculation around a major exchange listing may introduce fresh liquidity. If this occurs, it could spark another wave of demand for the token. Some community observers, including the influential eezzy’s journal channel, suggest DOGEN could become the next breakout meme coin on Solana, potentially surpassing a $100 million market cap if bullish sentiment holds.
Dogecoin Shows Recovery Signs
Meanwhile, Dogecoin (DOGE) trades in a narrow range between $0.250 and $0.285, rebounding from recent lows. Over the past week, DOGE has gained 6.31%, partially reversing its 36.23% dip of the previous month. An RSI reading near 57.50 implies that DOGE is not yet overbought, leaving room for further upside.
Should momentum continue, Dogecoin could push past $0.293 to test resistance at $0.338, representing a potential 15% gain from current levels. Bullish traders even have their sights set on $0.427, which would mark nearly a 50% advance. However, safeguarding support at $0.159 remains crucial to prevent additional sell-offs.
XRP Eyes a Breakout
XRP is similarly displaying bullish momentum, trading within the $2.40–$2.82 corridor. Over the past week, XRP rose by 13.67%, reinforced by key technicals: the 10-day moving average around $2.56, and the 100-day at $2.45—both signaling sustained buying interest. With an RSI at 63.86 and the Stochastic at 74.51, the token appears firmly in buyers’ hands.
Analysts note that a decisive move past $3.32 could position XRP to test the $4.32 resistance—an upward leap of over 50%. While dips toward $1.33 remain possible, XRP’s robust six-month climb of 360% highlights its potential to break higher.
Conclusion
As the 2025 bull run gains steam, DOGE and XRP seem primed for gains—yet DOGEN has emerged as a fresh contender in the meme token arena, capturing investor imagination with its alpha-focused brand and powerful post-launch rally. Boasting a $5.5 million presale and a 500% climb so far, DOGEN could follow in the footsteps of BONK and Popcat, two other Solana-based tokens that quickly garnered community support.
With promises of real-world benefits and an exclusive, success-driven community, DOGEN stands out as a project to watch. If its upward momentum persists and a major CEX listing materializes, the token may soon revisit—or surpass—its previous highs, entering a fresh price discovery phase and compelling many DOGE and XRP holders to join the bandwagon.
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