Another huge bull run is on the horizon for the cryptocurrency market, and investors are shifting their focus to altcoins, which are set to lead the next price boom. One of the examples of such coins is Dogecoin (DOGE). However, the next technological wave will be driven by new entrants in the meme coin market, who will combine blockchain technology with practicality. A case in point is the recent Ethereum-based Little Pepe (LILPEPE) token, which some analysts think can go up 50x in value throughout the year as it draws in the novel technology, security, and community incentives.

Dogecoin (DOGE)

Experts attribute the Dogecoin price increase of 11.4% to a major technical pattern. Market analyst Ali Martinez found an upward trajectory on the 12-hour chart, and DOGE is now repricing its most important lower support at $0.19. This level, according to Martinez, is mission-critical because a collapse would add downward pressure. At the same time, a recovery would cause the price to surge to the next available resistance point of $0.33.