As Dogecoin (DOGE) consolidates, with the token last down 4.5% and changing hands just above $0.15, enthusiasts are shifting focus to the latest green crypto ICO eTukTuk, which some are betting could be the next big hit.
Dogecoin is currently consolidating within a pennant structure, as pressure builds for a potential breakout.
Should DOGE break its current pattern to the downside, a quick return to recent $0.13 lows is likely.
Alternatively, should DOGE break its pattern to the upside, a rally towards March highs near $0.23 would be possible.
Dogecoin might even be able to rally as high as $1 in the coming years. That depends on how wild the current crypto bull market gets.
It also depends on whether or not Elon Musk’s X integrates Dogecoin into its much-hyped payments system.
That could mean gains of 5-6x for Dogecoin. Not bad.
That being said, many crypto investors are hunting for much higher potential gains of 10, 50 or even 100x.
Dogecoin’s bloated market cap, which was last $22 billion as per CoinMarketCap, reduces its upside potential.
Investors hunting higher gains will need to look for smaller, lesser-known cryptos. The way to make 100x gains is to find a gem early, and get in before the crowd.
It’s no surprise that WIF investors are targeting the latest green crypto ICO eTukTuk (TUK), a lesser-known token that could be the next big hit.
eTukTuk is a new eco-friendly DePIN crypto project that seeks to accelerate the adoption of electric TukTuks in emerging countries.
Investors have been piling into the green crypto’s $TUK token ICO. The transportation-focused web3 start-up has now raised close to $3.0 million.
Each new stage of the eTukTuk presale brings an incremental price increase of 3%, baking in pre-listing gains for
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