Dogecoin Vs. DOG: Which Coin is Better?

The cryptocurrency market has experienced a price increase over the past few days. During this time, many new projects have become the focus of the cryptocurrency community due to their impressive price action. One such token is Dog (Bitcoin) memecoin as it has doubled in value this month. With this, investors are actively seeking answers to questions such as "Which memecoin is the best?" and "When will the memecoin season start?" Scroll down to learn more about Dogecoin (DOGE) and Dog (Bitcoin) (DOG). Additionally, discussions have begun on whether DOG can surpass DOGE's market capitalization by 2025. Dogecoin Vs. DOG: Which Coin is Better? Launched on the Bitcoin blockchain in early 2024, DOG (Bitcoin) is a fully decentralized memecoin. According to reports, aimed at promoting a robust community-driven ecosystem, this project has introduced Bitcoin to millions. On the other hand, Dogecoin is the largest memecoin by market capitalization and has dominated the cryptocurrency market since 2013. Notably, for DOG to surpass Dogecoin, its current value would need to skyrocket by 6,276%. By assessing market sentiment, the likelihood of the DOG memecoin surpassing the market capitalization of DOGE in the near future is very low. This leads to the million-dollar question: "How high can the actual price of DOG go?" Predicted DOG Price This Week Although it recorded a correction of about 3% in 24 hours with a trading volume of 17.79 million dollars, this memecoin has increased by 28% in seven days and risen by more than 90% in 30 days. Furthermore, with a market capitalization of 511.76 million dollars, it has secured the 116th position in the market.

The moving average convergence divergence (MACD) records an unchanged green chart on the daily timeframe. On the other hand, the average trend lines show a steady increase in the DOG price chart, indicating a positive outlook for this low-cap meme coin in the cryptocurrency space. In addition, the Simple Moving Average (SMA) shows strong support for the price chart. Considering the current market sentiment, this memecoin may continue to trade according to bullish sentiment this week. Is DOG a Good Investment? Maintaining a value above $0.004950 could set the stage for the DOG meme coin to target the immediate resistance level of $0.006350. If bullish sentiment strengthens at that time, the price of the DOG token may be preparing to test a higher price target of $0.007625 in the near future. On the contrary, increasing selling pressure could pull the price of this altcoin back to the immediate support trend line at $0.004950. Moreover, if this token undergoes a significant liquidation event, the value of this cryptocurrency token could sharply decline to the lower support area at $0.003710.