While Bitcoin surged after the Trump news set itself to reach the USD 120,000 mark, this new meme coin, DuragDoge, is making headlines.
Bitcoin
Bitcoin (BTC) soared to cross the $91,000 mark immediately after U.S. president Donald Trump declared that the largest economy in the world would create a crypto strategic reserve. During the announcement, Trump listed Ripple (XRP), Solana (SOL), and Cardano (ADA) as the cryptocurrencies to be used in the reserves and later declared both BTC and Ethereum (ETH) as part of the same.
Though Bitcoin justifiably stands at the forefront, a potential dominant new meme coin – DuragDoge ($DURAG), is growing to be the next big crypto play. Based on the cultural trend and its empowerment to street savvy and risk takers, DuragDoge is drawing the attention of investors looking for the best crypto to buy. While Bitcoin sets the stage for a new massive rally, prominent figures are already buying the $DURAG token in bulk.
Let's discuss why DuragDoge is the next crypto player amid Bitcoin, ready to reach $120,000 after the Trump news post.
Bitcoin (BTC): Trapped In A Symmetrical Triangle
Currently, the price of Bitcoin appears trapped in a symmetrical triangle. The price rejection at the lower level has maintained Bitcoin above the 61.8% Fibonacci level, but the sharp bearish move raises the question about the potential breakdown. If the price breaks the 61.8% Fibonacci level, the trendline will come into play to drag it down to the 38.2% Fibonacci level, which is around $70,000.
On the bullish side, Bitcoin must break through the local descending trendline near the 78.75% Fibonacci level around $92,000 to stage a comeback. Such a breakout can lead the Bitcoin price above the $106,000 supply zone and create a new record high. The proportional retracement, based on the Fibonacci levels, may continue at $127,800, which can be indicative of Bitcoin's all-time high.
DuragDoge ($DURAG): Trending With Its Staking Platform
DuragDoge is a new trending altcoin that dares to go beyond the block and even expand to the globe so that a meme coin is not all about value. This blockchain trading platform has the prospect of becoming the next cryptocurrency play as it seeks to empower the underdogs, the go-getters, and the risk-takers who understand that big things happen to the brave. As one of the altcoins to buy, the project has introduced tax-free trading, which does not impose a buy-and-sell tax.
The new crypto project is going to encourage user loyalty via their staking platform, which is redefining the market. Once staking is activated, the holder will be able to lock their tokens and be eligible to receive additional tokens throughout a particular period. This blockchain trading platform offers up to 20% of the Annual Percentage Yield for staking.
The longer you stake, the larger your earnings are, and it is all about loyalty and developing the pack together. However, the deflationary model will cause its token supply to reduce in circulation, hence ascribing value to its tokens. This crypto is secure because the project contract has been audited and approved by Coinsult, and therefore, it is the best crypto to buy.
Conclusion
While Bitcoin aims to reach the $120,000 mark after Trump's post, DuragDoge keeps gaining traction. As one of the altcoins to buy with high growth potential, DuragDoge rewards its holders immensely. So, to start your investment, visit the presale website and buy the token.
Follow Durag Doge on X and Telegram for the latest news and updates.
Disclaimer:The information provided on the Website does not constitute investment advice, financial advice, trading advice, or any other form of advice, and you should not interpret any of the Website's content as such. Midday does not recommend that you buy, sell, or hold any cryptocurrency. Please conduct your own due diligence and consult with a financial advisor before making any investment decisions. Midday does not endorse or promote any such activities, and you access them at your own risk, fully understanding the monetary and legal consequences involved. Midday shall not be held responsible for any losses you may incur as a result of using any such apps or websites. Cryptocurrency products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for losses resulting from such transactions.
Subscribe today by clicking the link and stay updated with the latest news!" Click here!
