Bullish Dogecoin Price Prediction!

2024-07-08

Bullish Dogecoin Price Prediction!

BittimeSantiment released a list of large-cap altcoins that may recover near-term, including Dogecoin, Uniswap, and Litecoin, based on the latest MVRV values.

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Santiment Releases Altcoin Listing

Following last week's improvement, leading crypto analysis firm Santiment released a list of large-cap altcoins that may experience a short-term recovery. On social media platform.

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Bullish Dogecoin Price Prediction

According to the analytics firm, top memecoin Dogecoin (DOGE) has the lowest risk of all large-cap crypto assets, with an MVRV value of -19.7% potentially bullish. 

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The meme token is followed by decentralized exchange Uniswap (UNI) and peer-to-peer payment network Litecoin (LTC) with MVRV values ​​of -16.3% and -15%.

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Ethereum (ETH) Is in Fourth Position

Ethereum (ETH), the most popular smart contract platform, takes fourth place with an MVRV score of -13.2%. Decentralized oracle network Chainlink (LINK) takes fifth place with an MVRV score of -11.1%, and is followed by XRP with an MVRV score of -10.1%. Ethereum rival Cardano (ADA) is in seventh place with an MVRV value of -9.9%.

 

Conclusion

The latest Santiment analysis suggests that some large-cap altcoins may recover in the near term after experiencing a major rally. With the lowest risk and an MVRV value of -19.7%, Dogecoin (DOGE) is the most bullish price prediction. One other altcoin that shows potential for recovery is Uniswap (UNI) and Litecoin (LTC) with MVRV values ​​of -16.3% and -15%. 

Ethereum (ETH), one of the well-known smart contract platforms, takes fourth place with an MVRV value of -13.2%, followed by Chainlink (LINK) and XRP with an MVRV value of -11.1% and -10.1%, respectively. This analysis suggests that these altcoins may experience a recovery.

How To Buy Crypto With Bittime

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You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Monitor price chart movements of Bitcoin (BTC)Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.

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