Dogecoin Price Growth Stalls But This New Meme Coin ICO Has Raised $2m

Wednesday, 6 March 2024, 17:58

Dogecoin, the leading meme coin, faces a setback amidst profit-taking, plummeting over 22% from previous highs. Meanwhile, Scotty the AI, a new meme coin project, gains massive hype with $2 million raised. While Dogecoin cools off, all eyes are on its next moves as meme coin market correction unfolds.
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Dogecoin Price Growth Stalls But This New Meme Coin ICO Has Raised $2m

Dogecoin's Rally Cools as Meme Mania Takes a Breather

Dogecoin's incredible rise has been stopped in its tracks, at least temporarily. The meme coin has plunged in the past 24 hours, erasing a big chunk of the rally that catapulted it past $0.20 for the first time in over two years.

Technical indicators suggest the selloff was overdue, with DOGE trading in overbought territory after a bullish two-week run.

Scotty the AI Makes Waves with Advanced Tech & High Staking Rewards

While major meme coins take a breather, a new entrant called Scotty the AI is turning heads by combining comedic internet culture with innovative tech. This Ethereum-based project has raised over $2.4 million in just the first few weeks of its presale – leading to significant investor buzz.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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