Dogecoin & Shiba Inu Crash 20%, Sparking Panic in Meme Coin Markets—Is XYZVerse the Only Beacon of Hope Left?

Source Cryptopolitan

The recent plunge in notable meme cryptocurrencies has unsettled the digital asset market. As prominent tokens face steep losses, uncertainty grips investors looking for stability. In this volatile landscape, XYZVerse appears on the horizon. Could this emerging platform be the solution that cautious traders are searching for amidst the chaos?

XYZVerse Sets a New Trend, Could This be the Next 50X Meme Coin?

The buzz around XYZVerse is real. As the first-ever all-sports meme token, it’s attracting both sports fans and crypto enthusiasts, creating a unique crossover that’s gaining serious traction. With a strong presale and an engaged community, some investors are already eyeing major potential gains.

More Than Just a Meme Coin

Unlike most meme coins that ride trends without much substance, XYZVerse is setting a new trend. It is blending the high-energy world of sports with the viral nature of meme culture. And it’s working. The presale is moving fast, with early buyers locking in tokens at a fraction of what some believe could be its future value.

Right now, XYZVerse is still in its presale phase, but demand is high. The price has already climbed from $0.0001 in Stage 1 to $0.003333 by Stage 12, with over 70% of the $15 million milestone already raised. Investors who got in early have secured a steep discount, and with a final presale target price of $0.1, those numbers have people paying attention.

Still Time to Get in Before the Presale Ends

Bullish Mood on $XYZ

XYZVerse is already featured on CoinMarketCap where the community has shown a strongly bullish mood on this coin, with 95% voters anticipating $XYZ to grow.

XYZ was further noticed by reputable crypto influencers. DanjoCapitalMaster, who has close to 800,000 followers, recently expressed his support for the project, calling XYZVerse a “moonshot opportunity.” Of course, in crypto, nothing is guaranteed, but the excitement is undeniable.

Beyond just hype, XYZVerse has a structured tokenomics model aimed at long-term sustainability. A share of 15% is allocated to liquidity to create a solid market foundation.To reward its community via airdrops and bonuses, the team has put aside 10% of the total supply. Moreover, a big chunk of 17.13% is designated for deflationary burns, which could reduce supply and drive demand for $XYZ over time.

A Community-Driven Project With Big Plans

One thing setting XYZVerse apart is how it engages its community. The team recently launched the Ambassador Program, giving users the chance to earn free tokens by supporting the project. And that’s just the start—there are already talks with major sports celebrities to help boost visibility. By bringing together traditional sports fans and the fast-moving crypto space, XYZVerse is building something different—something with entertainment value and real engagement.

Could XYZVerse Be the Next Big Meme Coin?

With a fast-growing presale, a strong community, and an ambitious roadmap, XYZVerse has the ingredients of a project with serious potential. While the crypto market is always unpredictable, many investors see this as an opportunity to get in early on something big. The presale won’t last forever—so if you’re interested, now might be the time to take a closer look.

Join XYZVerse, the Next Moonshot Opportunity

Dogecoin (DOGE)

Dogecoin (DOGE) has experienced notable shifts in its price recently. In the past week, the price has dropped by over 17%. Looking at the past month, there’s been a decline of more than 30%. However, over the last six months, Dogecoin’s value has actually increased by nearly 29%, highlighting a longer-term upward trend despite short-term dips.

Currently, Dogecoin is trading between $0.14 and $0.17. The nearest support level is at $0.12, with a second support at around $0.09. On the upside, the nearest resistance is at $0.19, and a second resistance level stands at $0.22. Breaking through these resistance levels could pave the way for potential gains, while falling below support might indicate further declines.

Technical indicators suggest that Dogecoin may be oversold. The Relative Strength Index (RSI) is at a low 16.65, and the Stochastic oscillator is at 5.79, both pointing toward potential undervaluation. The Simple Moving Averages over 10 and 100 days are close, at $0.15 and $0.16 respectively, indicating a consolidation phase. If bullish momentum builds, reaching the first resistance level could result in a rise of approximately 12%, and hitting the second resistance might lead to gains of around 29% from current prices.

Shiba Inu (SHIB)

Shiba Inu (SHIB) has been on a downward trend recently. In the past week, its price dropped by 13.72%. Over the last month, the decline reached 18.06%. Looking back six months, SHIB has lost 37.68% of its value. Currently, it trades between $0.00001050 and $0.00001262.

Technical indicators suggest possible changes ahead. The Relative Strength Index (RSI) is at 25.16, which often indicates an oversold asset. The Stochastic oscillator sits at 6.55, reinforcing this view. The 10-day Simple Moving Average is $0.00001116, below the 100-day average of $0.00001207, reflecting the recent downward movement.

Looking forward, the nearest resistance level is at $0.00001394. If SHIB rises to this point, it would be an increase of about 20%. Breaking through could lead to the second resistance at $0.00001606, nearly 40% higher than current levels. On the downside, the nearest support is at $0.000009703, around 16% below the current price. Falling to the second support at $0.000007583 would mean a decline of approximately 34%.

Conclusion

With DOGE and SHIB facing downturns, XYZVerse emerges as a pioneering memecoin that unites sports fans, aiming for significant growth and a vibrant, community-driven ecosystem.

You can find more information about XYZVerse (XYZ) here:

https://xyzverse.io/, https://t.me/xyzverse, https://x.com/xyz_verse

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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