Dogecoin Worth Prediction: Millionaire Scottie Pippen Eyes DOGE in His Prime Picks – Is This the Catalyst Meme Merchants Wanted?

The Dogecoin value has dipped to $0.1698 right now, with the meme token’s fall coming because the cryptocurrency market loses 3% prior to now 24 hours.

DOGE stays up by 5% prior to now week, and whereas it’s down by 6.5% within the final 30 days, it holds on to a good 56% achieve prior to now 12 months.

The meme token has additionally acquired a lift prior to now couple of days, with six-time NBA Champion Scottie Pippen name-dropping Dogecoin in a “watch checklist” of altcoins.

Whereas an endorsement from a NBA legend reminiscent of Pippen might initially seem to be an enormous deal for Dogecoin, Pippen has blended credibility inside the cryptocurrency market, given a few of his weird actions and statements in current months.

Nonetheless, Dogecoin stays a well-liked meme token, and even when it has been shifting slowly this 12 months, its long-term value prediction stays constructive.

Dogecoin Worth Prediction: Millionaire Scottie Pippen Eyes DOGE in His Prime Picks – Is This the Catalyst Meme Merchants Wanted?

Posting through his X account, former Chicago Bull Scottie Pippen confirmed that Bitcoin is his “#1”, however that he’s constructing a watch checklist.

As you possibly can see beneath, the checklist at the moment consists of Ethereum, Solana, XRP, BNB, Cardano, Dogecoin, Shiba Inu, Chainlink, and Cronos, in addition to Pippen’s personal crypto, BALL.

The tweet at the moment has 1,700 likes, however whereas it does appear to have precipitated a stir, it hasn’t boosted the Dogecoin value right now.

That is principally as a result of the market stays in an unsure temper, given ongoing issues concerning US tariffs, but it’s additionally as a result of Pippen himself just isn’t a completely credible determine.

Not solely has he launched his personal Recreation 5 Ball NFT in current months, however he has additionally produced quite a few unusual pronouncements, together with the declare that he met Satoshi Nakamoto in 1993.

Because of this his capacity to draw new converts from most people might be minimal.

And his lack of affect is obvious in Dogecoin’s value chart right now, which stays in a weakened place.

Nonetheless, it does appear as if DOGE might be shut to creating a restoration, given {that a} bullish pennant has shaped on its chart.

Its RSI (yellow) and MACD (orange, blue) have additionally begun rising, after greater than a month in an oversold place.

As such, it might not be lengthy earlier than the Dogecoin value enters a renewed interval of progress, with the meme token doubtlessly topping $0.20 by the center of August.

It could start concentrating on the much-coveted $1 value level in the long term.

TOKEN6900 Raises $240,000 in Presale: May This Be the Subsequent Meme Token to 1000x?

For merchants fearful that Dogecoin’s finest days could also be behind it, there are newer meme tokens which are displaying stronger potential proper now.

One in every of these is TOKEN6900 (T6900), an ERC-20 cryptocurrency that launched its presale final week.

It has already raised $245,000, an indication of its rising reputation, and of how profitable it might be as soon as it launches.

What’s novel about TOKEN6900 is that it’s distinguishing itself from meme cash which are attempting to present themselves extra utility (e.g. Shiba Inu), with the brand new undertaking making it clear that it has no utility and rests on hype, advertising and marketing and FOMO alone.

As its declares on its web site, “It’s Not Constructed On Fundamentals. It’s Constructed On Delusion, Irony, And The Collective Hallucination Of Terminally On-line Merchants.”

It’s evaluating itself with SPX6900, which has additionally adopted the memes and stylings of the dot-com bubble of the late 90s.

It has a max provide of 930,993,091 T6900, which is exactly yet another token than SPX6900 had on the time TOKEN6900’s presale opened.

The undertaking is hoping that this type of one-upmanship will achieve it followers, and judging by the early progress of its presale, the technique is starting to work.

And whereas T6900 has no fundamentals in anyway, holders will have the ability to stake it, incomes themselves an earnings on high of no matter returns the token brings.

Traders should buy it now by going to the TOKEN6900 web site, the place $T6900 prices $0.0065.

This value will rise in slightly below two days, so merchants wanting the bottom attainable value ought to act shortly.

The publish Dogecoin Worth Prediction: Millionaire Scottie Pippen Eyes DOGE in His Prime Picks – Is This the Catalyst Meme Merchants Wanted? appeared first on Cryptonews.