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Telegram Gaming Hits $1 Billion in Market Cap, Dogizen ICO Launching Friday

Source Cryptopolitan

The world’s first Telegram ICO, Dogizen, arrives in four days, and it has the power to turn Telegram gaming on its head. This year, Telegram gaming has been the envy of just about everyone. Multiple projects broke multiple records, and the sector has risen to touch ten figures after less than a year, and with only a handful projects in the space.

This suggests that there are serious numbers on offer for a project that challenges current players like Hamster Kombat. And as you’ll see below, Dogizen has a game changing arsenal of technology in the works.

Dogizen explained

Dogizen is a Telegram game, currently boasting over 1 million users, with the potential to revolutionize TG gaming.

While its addictive tap-to-earn mode alone is enough to compete with the likes of Hamster Kombat, Dogizen’s future plans are what set it apart from the rest of Telegram gaming.

The Universe will offer players a whole range of games, all nested within the Dogizen mini-app, and all connected together via an interoperable play-to-earn ecosystem based around the DOGIZ token. This gives players a near-inexhaustible variety of games to dive into and an equal number of new ways to earn crypto.

That’s not all, though: the Dogizen SDK will allow developers to build their very own games that can be deployed within the Universe, unlocking a ready-made audience to populate their creations, with indie developers potentially paying no fees to list. The kicker is that DOGIZ token holders earn a slice of the revenue generated. Considering Catizen’s $200,000 daily earnings, this is a potential revenue stream not to be ignored.

The vision is clear: with the Dogizen Universe, Dogizen is set to become the home for gamers, developers, and crypto fanatics in a one-stop shop built on one of the world’s most popular messaging apps.

Dogizen has insane market forces in its corner

Telegram games have exploded in popularity in 2024, rapidly soaring into the eye-catching $1 billion market cap territory that forced the institutional bigwigs to start making more aggressive moves in the sector. And with the wider GameFi space soaring to the dizzying heights of around a $15 billion market cap at press time, this is a burgeoning gold mine of a market to tap into.

The headline is clear: tap-to-earn is huge and the story of 2024. Hamster Kombat’s rapidly attained 300-million user base—that’s nearly 4% of the total world population—and its record-breaking ascent to 10 million subscribers on YouTube, eclipsed only by Cristiano Ronaldo, is perhaps the most groundbreaking example. Hamster Kombat’s market cap is already close to $500 million. And everywhere you look in both the GameFi and Telegram gaming sectors, explosive growth stories are unfolding.

Take Pixelverse—this crypto gaming project delivered 50% gains to early adopters in a matter of hours following its recent airdrop. Meanwhile, the DOGS token, a Telegram meme coin and game, delivered a quite remarkable $2.5 billion in early volume. Perhaps most shockingly, only USDT and ETH have more active token holders than DOGS right now.

So, when you consider that Dogizen combines the monstrous trends of GameFi and Telegram gaming into a contagious canine package, Friday’s presale launch could be unprecedented.

If you missed Hamster Kombat…

Dogizen offers you a second chance to get in early on the Telegram gaming party. A sector that’s currently overachieving beyond belief. What’s more, with the Dogizen Universe, you’d be backing what’s set to be the launchpad for an entire ecosystem of Telegram gaming titles.

By backing Dogizen, you’re essentially backing an entire industry. And if we’ve learned anything from 2024, it’s that Telegram gaming has more rocket fuel in the tank than a SpaceX mission.

Will you be first on the scene to supercharge your portfolio’s gains, or will you join the back of the rapidly growing queue as prices potentially soar?

The Dogizen presale goes live on 4th October, 2024 at 8am UTC. Visit the official Dogizen website for further info.

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

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Bitcoin Slides 5% as Sellers Lean In — Can BTC Reclaim $88,000?Bitcoin has dropped back below $88,000 after rolling over from $90,500, with price still trading under the 100-hour Simple Moving Average. The sell-off found a floor at $85,151, and BTC is now consolidating near that base, but rebounds are facing pressure from a bearish trend line around $89,000. Bulls need to retake $88,000–$89,000 to ease downside risk; failure to do so keeps $85,500–$85,000 and then $83,500 in play, with $80,000 as the deeper “line in the sand.” Bitcoin (BTC) is back in damage-control mode after a sharp pullback wiped out recent gains. The price failed to reclaim the $90,000–$90,500 band, rolled over, and slid through $88,500 before briefly dipping under $87,000. Buyers did show up around $85,000, but the rebound so far looks more like stabilization than a clear trend reversal. Bitcoin dips hard, finds a bid near $85,000（h3） BTC’s latest move lower began when it couldn’t build follow-through above $90,000 and $90,500. Once that upside stalled, sellers took control and pushed price down through $88,500. The slide accelerated enough to spike below $87,000, but the market didn’t free-fall. Bulls defended the $85,000 zone, printing a low at $85,151. Since then, Bitcoin has been consolidating below the 23.6% Fibonacci retracement of the drop from the $93,560 swing high to the $85,151 low — a clue that the bounce is still shallow and that sellers haven’t fully backed off yet. Structurally, BTC is still on the back foot: It’s trading below $88,000, and It remains below the 100-hour Simple Moving Average, keeping short-term trend pressure pointed downward. Resistance is layered, and $89,000 is the problem area（h3） If bulls try to turn this into a recovery, they’ll have to climb through multiple ceilings in quick succession. First, BTC faces resistance around $87,150, followed by a more meaningful barrier near $87,500. From there, the market’s attention snaps back to $88,000 — the level BTC just lost and now needs to reclaim. A close back above $88,000 would improve the tone, but it doesn’t solve the bigger issue: there’s a bearish trend line on the hourly BTC/USD chart (Kraken feed) with resistance near $89,000, which also lines up with the next technical hurdle. If BTC can push through $89,000 and hold, the rebound could extend toward $90,000, with follow-through targets at $91,000 and $91,500. But until price clears that $88,000–$89,000 zone, rallies are at risk of being sold rather than chased. If BTC fails to reclaim resistance, the downside path is clear（h3） The near-term bear case is simple: if Bitcoin can’t climb back above the $87,000 area and keep traction, sellers may attempt another leg lower. Support levels line up like this: Immediate support: $85,500 First major support: $85,000 Next support: $83,500 Then $82,500 in the near term Below that, the major “don’t break this” level is still $80,000. If BTC slips under $80,000, the risk of acceleration to the downside increases significantly — not because it’s magic, but because it’s the kind of psychological and structural level that tends to trigger forced de-risking. Indicators: momentum still leans bearish（h3） The intraday indicators aren’t offering much comfort yet: Hourly MACD is losing pace in the bearish zone. Hourly RSI remains below 50, suggesting sellers still have the upper hand on short timeframes. So while the $85,000 defense held for now, the market hasn’t flipped bullish — it’s just stopped bleeding.

Author Mitrade

5 hours ago

Bitcoin has dropped back below $88,000 after rolling over from $90,500, with price still trading under the 100-hour Simple Moving Average. The sell-off found a floor at $85,151, and BTC is now consolidating near that base, but rebounds are facing pressure from a bearish trend line around $89,000. Bulls need to retake $88,000–$89,000 to ease downside risk; failure to do so keeps $85,500–$85,000 and then $83,500 in play, with $80,000 as the deeper “line in the sand.” Bitcoin (BTC) is back in damage-control mode after a sharp pullback wiped out recent gains. The price failed to reclaim the $90,000–$90,500 band, rolled over, and slid through $88,500 before briefly dipping under $87,000. Buyers did show up around $85,000, but the rebound so far looks more like stabilization than a clear trend reversal. Bitcoin dips hard, finds a bid near $85,000（h3） BTC’s latest move lower began when it couldn’t build follow-through above $90,000 and $90,500. Once that upside stalled, sellers took control and pushed price down through $88,500. The slide accelerated enough to spike below $87,000, but the market didn’t free-fall. Bulls defended the $85,000 zone, printing a low at $85,151. Since then, Bitcoin has been consolidating below the 23.6% Fibonacci retracement of the drop from the $93,560 swing high to the $85,151 low — a clue that the bounce is still shallow and that sellers haven’t fully backed off yet. Structurally, BTC is still on the back foot: It’s trading below $88,000, and It remains below the 100-hour Simple Moving Average, keeping short-term trend pressure pointed downward. Resistance is layered, and $89,000 is the problem area（h3） If bulls try to turn this into a recovery, they’ll have to climb through multiple ceilings in quick succession. First, BTC faces resistance around $87,150, followed by a more meaningful barrier near $87,500. From there, the market’s attention snaps back to $88,000 — the level BTC just lost and now needs to reclaim. A close back above $88,000 would improve the tone, but it doesn’t solve the bigger issue: there’s a bearish trend line on the hourly BTC/USD chart (Kraken feed) with resistance near $89,000, which also lines up with the next technical hurdle. If BTC can push through $89,000 and hold, the rebound could extend toward $90,000, with follow-through targets at $91,000 and $91,500. But until price clears that $88,000–$89,000 zone, rallies are at risk of being sold rather than chased. If BTC fails to reclaim resistance, the downside path is clear（h3） The near-term bear case is simple: if Bitcoin can’t climb back above the $87,000 area and keep traction, sellers may attempt another leg lower. Support levels line up like this: Immediate support: $85,500 First major support: $85,000 Next support: $83,500 Then $82,500 in the near term Below that, the major “don’t break this” level is still $80,000. If BTC slips under $80,000, the risk of acceleration to the downside increases significantly — not because it’s magic, but because it’s the kind of psychological and structural level that tends to trigger forced de-risking. Indicators: momentum still leans bearish（h3） The intraday indicators aren’t offering much comfort yet: Hourly MACD is losing pace in the bearish zone. Hourly RSI remains below 50, suggesting sellers still have the upper hand on short timeframes. So while the $85,000 defense held for now, the market hasn’t flipped bullish — it’s just stopped bleeding.

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Beginners

Telegram Gaming Hits $1 Billion in Market Cap, Dogizen ICO Launching Friday

Dogizen explained

Dogizen has insane market forces in its corner

If you missed Hamster Kombat…

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