Dogecoin Leads Meme Coin Top Gainers With 9% Pump, Flockerz ICO Hits $8.4M
Cryptocurrencies are rallying today, led by Bitcoin (BTC), which has surged from $93,350 to $96,639 in the past 24 hours. The top 10 altcoins also posted gains of 1-12%, including Dogecoin, the seventh-largest cryptocurrency by market capitalization, which gained 9% today.
Other leading meme coins followed suit, with SHIB and PEPE gaining 8.3% and 7.9% respectively as the market capitalization of the broader meme coin sector soared above $100 billion for the first time since December 19.
Recent developments, such as Trump’s impending inauguration and the formation of Musk’s Department of Government Efficiency (DOGE), have given Dogecoin a bullish outlook, with it likely to top out at $0.7376 in early 2025.
As we approach the 2025 memecoin supercycle, traders are also looking for new coins with the potential to explode. One promising example is Flockerz (FLOCK), which has raised $8.4 million in a pre-sale ahead of launching the exchange later this month.
Why 2025 could be an excellent year for Dogecoin
Dogecoin entered the market in 2013, took four years to reach a market capitalization of $100 million, and then exploded in a 2021 bull run, reaching $84 billion. Although its price has fluctuated greatly since then, Dogecoin remains the poster child for meme coins and a cultural phenomenon.
As such, some consider it to be more than just a memecoin, as Dogecoin is now accepted as a payment method by hundreds of online and brick-and-mortar stores in markets ranging from the gaming industry to supermarkets.
Dogecoin surged from $0.1419 to just above the $0.34 mark following Donald Trump’s victory on November 5 US election day and held there following the launch of the Elon Musk-led Government Efficiency Department This momentum.
In early December, DOGE reached $0.43, and although it has since fallen to $0.34, the token’s popularity is likely to increase this year, putting it on track to reach new highs.
Musk’s recent posts on X (Twitter) may have had a positive impact on DOGE’s recent surge. As the leader of the Department of Government Efficiency, Musk may increase the popularity of the coin in 2025.
Additionally, Musk already accepts Dogecoin as a form of payment Teslahis endorsement of the token could lead to its launch as a payment method on X this year, giving it a bullish outlook.
Can DOGE surpass the 2021 ATH this year?
For Dogecoin to exceed its previous ATH of $0.7376, it needs to grow more than 2 times. While this is an ambitious goal, it is not impossible as Dogecoin’s technical indicators show strong short- and long-term potential.
Currently, the coin’s long/short ratio over the past 24 hours stands at 2.93, indicating that more than 74% of holders believe in its short-term success, while only 26% of holders are short the coin.
Since the second half of December, DOGE has found strong support at the $0.32 level, which is well above its 200-day simple moving average of $0.18, indicating strong upside potential in the long term.
Pattern analyst Trader Tardigrade sees DOGE rising to $0.37 in the coming days, while Dogegod expect The coin will maintain momentum until it reaches a new ATH in early 2025.
Reaching $0.8 would require DOGE’s market capitalization to grow to over $117 billion, which would make it the fifth largest cryptocurrency on the current market, above BNB and SOL.
However, investors seeking higher returns than DOGE are increasingly turning to projects that bring unique use cases to the meme coin space, with Flockerz standing out with its upcoming vote-earning mechanism.
Could Flockerz be the smart meme token of 2025?
Flockz is a new meme coin that is just $20,000 shy of the $8.5 million mark in its pre-sale, which is expected to end in 20 days. Currently, FLOCK is priced at $0.0065823 per token, but its price per token will only increase as the presale comes to an end.
Investors can purchase FLOCK through Best Wallet or its pre-sale website using ETH, BNB, USDT or traditional bank cards. There is no minimum investment required, giving casual traders and whales equal opportunity to join “The Flock”.
Flockerz intends to join the meme coin market with FlockTopia, a unique DAO that will reward holders with passive income when they vote on key project decisions.
However, investors don’t have to wait for FlockTopia’s launch to maximize their investment, as the project offers 324% staking APY.
FLOCK does not care about investor safety as the project dedicates 10% of its total token supply to liquidity, thus reducing pull risk. In addition, SolidProof and Coinsult reviewed the code of its smart contract and found no problems.
Meme coin expert ClayBro believes that FLOCK’s unique advantages will allow it to rise 2x immediately upon launch, and he believes that its current price could rise 100x in the long run.
Investors don’t have much time to add FLOCK to their portfolios at the current price as it is scheduled to increase tomorrow, making now the best time to buy it.
