5 Dog Coins to Watch This April – Could Doge Day and Bitcoin Halving Boost Prices?

April promises to be an eventful month for dog-themed cryptocurrencies, with “Doge Day” (April 20) looming as a potential catalyst. This special day for Dogecoin could see a significant increase in interest and price for all things Doge-related.

Another thing to pay attention to is the Bitcoin halving event on April 18th. In the past, Bitcoin ​​halvings have resulted in large increases in cryptocurrency markets, which could be good news for all cryptocurrencies, including those focused on dogs.

Excitement around Doge Day and the Bitcoin halving hints at big changes for dog-related coins. In the past, these coins tended to rise before these events occurred, but this later corrected. It is expected to be the same this time as well. In this article, we look at five specific dogcoins that investors should keep an eye on.

Dogecoin (DOGE)

The first is Dogecoin (DOGE), the original meme coin. Recent performance shows what the market thinks about this. Dogecoin, the original meme coin, has reached its highest point in 14 months, driven by strong fundamentals and the upcoming Doge Day.

However, the price of Dogecoin has fallen this week, rising 3% in the past week alone and falling 2% in the last 24 hours. This decline is not due to any specific event related to DOGE, but rather to the market-wide decline triggered by Bitcoin.

There continues to be concern among some investors about the unlimited supply of Dogecoin. Still, the potential for further gains is significant, especially considering its market cap is $27 billion. Despite the market crash, optimism remains, especially for Dogecoin.

Some analysts predict that the price of Dogecoin will continue to rise, suggesting that the price may reach $12 if the bull market continues. Excitement over Doge Day and overall sentiment in the cryptocurrency market could push Dogecoin higher.

BabyDoge Coin

Another player in the arena is Baby Doge Coin (BabyDoge), which boasts a large and active community and aims to offer more than just a meme coin. With a market capitalization of $312 million, it offers an attractive investment opportunity.

The price of BabyDoge coin has surged significantly over the past month, increasing its value by more than 20% in the past 30 days. This increase follows the burning of approximately $5 million worth of BabyDoge tokens.

While the price of BabyDoge Coin (BabyDoge) has remained stable within a narrow range for more than two weeks due to Bitcoin’s decline, its recent listing on the CetoEX exchange has increased its value by more than 12% over the past seven days.

As BabyDoge gains momentum and adoption increases, market experts express optimism about its long-term potential. According to their predictions, the BabyDoge price could reach $0.00000001217 by 2024.

dogwifehat (WIF)

Another notable contender in the dog-themed coin space is dogwifhat, which has a market capitalization of $4.1 billion. WIF, the cryptocurrency on the Solana blockchain, has recently shown significant bullish momentum, with its market value rising significantly over the past month.

In the past 24 hours, dogwifhat’s price rose 4% to $4.12, giving it a market capitalization of about $4.1 billion, ranking it 30th among its peers. 24-hour trading volume increased by 3%, showing increased investor interest.

Over the past week, WIF has experienced significant price fluctuations from $2.90 to $4.80, demonstrating the volatility of this asset class. Despite a 19% increase in this week’s bearish phase, April began with an overall market downturn, with cryptocurrencies such as Bitcoin and Ethereum falling from recent highs.

If the bearish momentum continues, WIF could retreat to the $3.00 support level and potentially fall to $2.00. Conversely, a bullish resurgence could push the price of dogwifhat above the $3.5 resistance level and soon to $4 or even $5.

FLOKI

FLOKI stands out in the world of dog-themed coins due to its powerful utility features and burning mechanism. Despite its relatively small market capitalization of $2.2 billion, FLOKI’s innovative nature and engaged user community make it an attractive investment choice.

FLOKI (FLOKI) is one of the best meme coins to invest in right now and is close to its all-time high (ATH) after surging 333% in the last 30 days. The previous ATH reached $0.0003437 on November 4, 2021 and the price recently broke above the $0.0003 resistance level.

FLOKI is one of the most popular dog coins created by fans of the Shiba Inu (SHIB) meme coin. This project aims to differentiate itself by providing a variety of services, including a game metaverse, content platform, and decentralized financial services.

Unlike other coins, FLOKI’s market capitalization is not excessively high. This means that if you deliver the service promised, you could see significant long-term growth.

Dogecoin 20 (DOGE20)

Lastly, Dogecoin20, which is scheduled to debut on Doge Day, has caught the eye of investors with its unique features such as passive reward options and fixed token supply. Having raised over $10 million in pre-sales, Dogecoin20 is ready to make waves in the cryptocurrency market.

For comprehensive instructions on how to purchase $DOGE20, please see our detailed guide. The launch of DOGE20 on Uniswap is scheduled for April 20th. This day is celebrated as a kind of “unofficial holiday” in the meme coin realm. Dogecoin20 will be ready when it joins Uniswap.

Using Ethereum-based smart contracts, #DOGE20 transcend it #memecoin birth. 🌟🚀

authorization #Cryptocurrency A community that provides passive rewards! 💸

Optimize your $DOGE20 holdings by participating in staking and earning rewards. 💎🔥 pic.twitter.com/cTbZcfRJjO

— Dogecoin20 (@DOGE_COIN20) March 24, 2024

Developers have reserved 10% of the total 140 billion token supply to provide liquidity on the decentralized exchange. One of the standout features that has caught the attention of investors is Dogecoin20’s staking protocol. Another advantage of Dogecoin20 is its fixed supply.

The staking smart contract is designed to distribute tokens to all stakers over a two-year period, providing consistent passive income opportunities for the community. According to the DOGE20 website, current staking rewards are over 60% APY. Check out our $DOGE20 price prediction to get some insight into the future.

To accommodate latecomers, the team announced a ‘Last Opportunity to Buy’ phase, giving them a limited opportunity to participate before the tokens are released on exchanges. The current price of DOGE20 is $0.00022, and it can be purchased on the project website using ETH, USDT or fiat before the launch date.

Related

SMOG – Meme Coin with Rewards

• Airdrop Season 1 Live Starts
• Earn XP to Win $1 Million in Stake
• Cointelegraph Special
• Staking Rewards – 42% APY
• 10% OTC discount – smogtoken.com