Along with the rest of the cryptocurrency market and more traditional risk assets like stocks, the value of Dogecoin (DOGE), the cryptocurrency that supports the decentralized dog meme–inspired payments blockchain protocol Dogecoin, fell by more than 3.5 percent on Monday. The last time I checked, one dogecoin cost somewhere around $0.008.
That means the most popular meme coin in the world has lost almost 8% of its value since reaching a six-week high of around $0.09 this past weekend. However, the DOGE bulls are not wavering in their optimism. Short-term technicals (a rising wedge pattern) suggest the cryptocurrency will continue to creep higher in the next sessions, where it is now trading up by approximately 23% this month.
Assuming no negative ructions are triggered by this week’s slew of macro risk events, which includes very important Fed, ECB, and BoE meetings as well as US jobs and ISM survey data. Dogecoin might make a run toward its early December highs to the north of $0.11 if it were to break out to the north of its current highs around $0.09.
Dogecoin is Roaring, but These Three Other Coins Are Worth Keeping an Eye On
Given that Dogecoin was first conceived as a joke, its recent price increase is indicative of a resurgence in risk appetite within the wider cryptocurrency market. If Dogecoin is on the rise, it’s likely because traders are getting back into the cryptocurrency market for the sake of speculation. Consider the price changes of a few other cryptocurrencies: Solana (up 140% in the last 30 days) and Aptos (up 410% in the same time frame) to see that this is the case.
However, tokens that are not yet trading on exchanges should also be considered by investors hoping to profit from a renewed desire for the risk associated with cryptocurrencies. In addition, they should consider buying tokens during the presale phase, as investors who buy in at this stage of a project’s lifecycle typically get the highest gains.
In the event that Dogecoin maintains its recent momentum, analysts at Cryptonews.com have created a list of three of the greatest pre-sale tokens to consider investing in.
In Progress: Stage 4 of the Meta Masters’ Guild (MEMAG)
The Meta Masters Guild is a promising web3 gaming environment that is creating a wide variety of exciting and engaging mobile games. Non-fungible tokens (NFTs) will be used in the games, allowing players to not only bet and trade but also earn incentives. Future plans for the site include hosting dozens more viral games. Meta Karts Racers is scheduled for release later this year.
The MEMAG token presale by Meta Masters Guild is already one of the most popular of 2023, and it is currently in its fourth stage. The crypto startup has raised an impressive $2.1 million in just a few weeks, thanks to the sales of MEMAG. Before the token price increases again in four days, investors should act quickly to secure their holdings.
Battle Royale (FGHT) – Now Accepting Pre-Orders
Early success stories like STEPN have severe constraints that have kept them from reaching the mainstream, despite the fact that the relatively new move-to-earn crypto niche has showed a lot of promise. In 2023, Fight Out plans to alter this with their “move to earn” system.
Fight Out is a revolutionary fitness metaverse that combines a web3 app with a network of gyms to reward users for working out, completing challenges, and competing against one another. Unlike other M2E apps like STEPN, which simply tracks steps and requires pricey non-fungible token (NFT) buy-ins to participate, Fight Out offers a more comprehensive approach to tracking and paying its users for exercise and activity without requiring any costly buy-ins.
The goal of Fight Out is to merge the real and virtual worlds of the internet. The ultimate goal of the project is to promote an integrated web3 exercise experience by purchasing gyms in all of the world’s major cities. Meanwhile, the whitepaper for Fight Out states that its smartphone application would serve as the hub of its digital ecosystem when it launches in the second quarter of 2023.
The Fight Out app will utilize mobile and wearable devices to record and analyze training and competition data. Users will be able to mint their own soul-bound token avatar and participate in the Fight Out metaverse by earning rewards for doing M2E tasks within the app’s internal tokenized economy.
For the Fight Out metaverse to function, the FGHT token is essential. Memberships to Fight Out gyms and digital products can be purchased at a discount using FGHT. Users will use FGHT as the entry fee for competitions and leagues, and winners will be awarded FGHT as the prize. FGHT can also be utilized in peer-to-peer fitness wagers.
FGHT is scheduled to list across centralized exchanges in April at $0.033 per token. When the crypto token finally lists on exchanges at the beginning of Q2, investors who acted quickly to acquire tokens might sit on paper gains of around 100%. The project has already raised a massive $3.6 million and may well hit the $15 million hard cap prior to the scheduled end of the presale at the end of March. In less than 12 hours, the price of FGHT tokens is expected to increase again, therefore investors should act swiftly.
Currently Accepting Pre-Orders for “C+Charge” (CCHG) Tokens
By 2027, the carbon credit market might be worth $2.4 trillion. C+Charge, a cryptocurrency startup, is working to expand participation in these programs so that more people may benefit from them. To help electric vehicle (EV) drivers get paid for their carbon reduction efforts, C+Charge is developing a blockchain-based Peer-to-Peer (P2P) payment system for EV charging stations.
The goal of C+Charge is to increase the value of carbon credits as an important incentive for the widespread use of EVs. Big electric vehicle producers like Tesla currently make millions by selling carbon credits to polluters. C+Charge’s goal is to increase the distribution of carbon credits to EV owners rather than large corporations.
The CCHG token, which will be used on the C+Charge network to pay at EV charging stations, has officially entered pre-sale. The present token price is $0.013, but by the end of the presale it will have increased by 80%. With almost $460,000 raised in just a few weeks following the presale launch, investors interested in getting in on the ground floor of a promising environmentally friendly cryptocurrency initiative should act quickly.
Investors should be aware that the remaining tokens may be purchased rapidly. You can see on BscScan that a crypto whale has bought almost $99 worth of CCHG in a single transaction.