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Home Analysis

Dogizen set for itemizing as traders shift focus away from crypto majors

February 8, 2025
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Dogizen set for itemizing as traders shift focus away from crypto majors
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Curiosity in cryptocurrency tasks has been exceptionally excessive in latest months as traders eye the 2025 bull run. Fifteen years after the launch of Bitcoin, crypto fans have witnessed how an progressive tech concept can develop from one with no intrinsic worth to a digital asset with a market cap of $1.948 trillion on the present worth of $98,348. 

With this realization, crypto fans are searching for cheaper options with nice potential. Notably, Dogizen has proved to be one such undertaking. Certainly, whereas the sentiment within the broader crypto market has shifted to a risk-off temper, traders have been dashing to amass some DOGIZ tokens as its presale involves an finish.

Bitcoin set for range-bound buying and selling because the bulls lack sufficient momentum

Bitcoin bulls have failed to assemble sufficient momentum for a rebound above the psychologically essential zone of $100,000 as a risk-off temper prevails. Whereas the crypto main is taken into account a protected haven in occasions of financial uncertainties, it’s nonetheless traded as a risk-on asset.

Within the close to time period, the bulls are striving to defend the assist at $97,173.79. Under that stage, the decrease zone of $94,444.87 might be price watching. 

On the upside, it could proceed going through resistance $99,700. Past that stage, the subsequent goal might be at $101,945.04. 

Bitcoin Price
Bitcoin Worth

Dogizen presale finish ushers in unmatched progress

Because the launch of its presale in early October 2024, Dogizen has attracted spectacular numbers with savvy traders driving on its large progress potential and apt timing. Because of this, it has raised over $4.5 million forward of its itemizing on Monday, tenth February.

Notably, it has succeeded at curving its area of interest throughout the broad gaming sector. As the primary ICO to be launched immediately inside Telegram, the undertaking has created an internet motion with the affect wanted to catapult the DOGIZ token to nice heights post-listing. 

Moreover, Dogizen is coming into the open market at a time when dog-themed crypto tasks are on everybody’s radar. From Trump administration’s Division of Authorities Effectivity (DOGE) to the extremely anticipated Dogecoin ETFs, it’s time for dog-themes tokens to shine and Dogizen is basking within the glow. 

What’s extra, a crypto-friendly coverage setting, the ultra-popularity of GameFi tokens, and the absence of airdrops provides to its progress potential. With a market cap of beneath $10 million, reasonable features of 20X could have it compete with the likes of Hamster Kombat and Notcoin. As such, the present DOGIZ token worth of $0.000089 is probably going the bottom it can ever get to. 

Hurry up and purchase the Dogizen token right here.

Ethereum worth motion factors to additional weak spot within the quick time period

Because the starting of 2025, Ethereum worth has been within the pink for 4 out of 5 weeks. Whereas optimism over Bitcoin’s bullish worth motion will doubtless maintain this altcoin above the essential assist zone of $2,500 within the close to time period, a risk-off temper continues to weigh on it.

Extra particularly, the vary between 42,581 and $2,751 is price watching. Even with a rebound past that zone, the crypto main will doubtless face resistance at $2,926 because it continues to commerce beneath the 20 and 50-day EMAs. To reverse this bearish pattern, the bulls might want to collect sufficient momentum to push the asset previous the essential support-turn-resistance stage of $3,075.

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