In summary, Ali Martinez has identified a solid historical on-chain model that suggests a 50% potential for Chainlink in the weeks to come. Such a rally could push LINK to nearly $20testing psychological resistance above the 50-day exponential moving average (EMA).
Technical indicators highlight bearish sentiment for the token, however, the possibility of reaching extremes could suggest a potential trend reversal.
Dogeverse challenges the market decline with a revolutionary cross-chain approach
As also confirmed by Chainlink, the market moment is not particularly favorable but there is a new entry that is challenging this negative phase. We are referring to Dogeversea multi-chain meme coin that allows holders to earn staking rewards, which is continuing to attract funds during its pre-sale.
At the moment the project has announced that it has raised the impressive sum of over $7 million by investors eager to enter as soon as possible. Further confirmation of the hype that revolves around the token is witnessed by the over 5,000 followers on Xachieved in a few weeks.
The enthusiasm was also certified by CoinSniper, which ranked $DOGEVERSE in fifth place among the “hottest” presales on the platform.
But what sparked such great interest in such a short space of time? Undoubtedly theinnovative tokenomics and its concept cross-chain.
Unlike many competing meme coins, $DOGEVERSE will not be limited to a single blockchain but will be launched on multiple top-level chains such as Ethereum, Binance Chain, Base, Solana and Polygon. This multi-chain approach offers great flexibility to investors by eliminating the risks of being “confined” to a single network.
In addition, there are the high staking rewards that allow holders to easily earn passive income. As the YouTuber pointed out Jacob Buryprecisely this potential passive income, combined with the uniqueness of Dogeverse, could allow the token to achieve “100x” growth following listing on exchanges.
