Dogecoin Receives Bullish Price Predictions Amid Moon Mission with Meme Kombat Also Backed to Pump
Dogecoin (DOGE) was in the news this week after some positive developments regarding a planned moon mission.
These developments have led to several bullish Dogecoin price predictions as the meme coin seeks to post new highs.
While DOGE potentially heads to the moon, another meme coin called Meme Kombat (MK) is rapidly rising to prominence during its presale phase – and is also being touted to surge next year.
Dogecoin Moon Mission Gets Regulatory Green Light
The Dogecoin moon mission received a boost recently when it received key regulatory approval from the National Telecommunications and Information Administration (NTIA).
This approval is a prerequisite to the final license needed from the Federal Communications Commission (FCC) before the DOGE-1 satellite can launch.
DOGE-1, developed by space technology company Geometric Energy Corporation, was first announced in May 2021.
It will launch aboard a SpaceX Falcon 9 rocket in January 2024 as part of a collaborative mission between Intuitive Machines and NASA.
The DOGE-1 satellite will display advertisements, images, and logos funded by DOGE tokens on a miniature screen that will broadcast to Earth.
In addition to DOGE-1, Dogecoin developers announced earlier this month that a physical DOGE token will reach the moon in December as part of a payload mission by Astrobotic.
These Doge-themed missions have helped spark renewed interest in DOGE from the crypto community.
Analysts Call for Dogecoin Breakout as Momentum Builds
Popular crypto analyst TheDogeCoach, who correctly predicted Dogecoin’s movements earlier this month, sees the meme coin soaring higher in the next few weeks.
He cites growing development activity and publicity from the moon missions as key catalysts.
Twitter user Naem also spotted a bullish inverse head and shoulders pattern forming in the DOGE price chart.
He believes that a significant price surge is likely once DOGE breaks through the $0.09 barrier.
More boldly, analyst iambroots predicts DOGE will pass $1 this market cycle and reach close to a $1 trillion market cap.
He expects many will be surprised when the meme coin’s price surges so high.
Overall, analysts and social media users see upside ahead for Dogecoin, driven by catalysts like the DOGE-1 satellite launch, potential Twitter integration by Elon Musk, and bullish macro trends in the wider market.
This positivity positions DOGE as one of the most intriguing cryptocurrencies to monitor in the final weeks of 2023.
Meme Kombat Presale Generates Hype After Raising $2.3M for Unique P2E Project
Another intriguing crypto that investors are watching is Meme Kombat (MK), an Ethereum-based blockchain game that features battles between popular meme characters like Dogecoin and Wojak.
AI determines the outcomes of these battles, and players can bet on fights using Meme Kombat’s native MK token.
Besides wagering, users can stake their MK tokens to earn passive income through a 381% APY.
The Meme Kombat ecosystem has also been audited by Coinsult and passed with no significant issues, helping boost investor confidence.
Although yet to launch, Meme Kombat is running a discounted presale event until January, allowing early investors to buy MK tokens using ETH or USDT.
At the time of writing, MK tokens are on offer for just $0.225 – although this price will increase gradually over the coming weeks.
Through this setup, those who invest the earliest are rewarded with the lowest entry point, which could be wise if MK’s value rises once listed on Uniswap, as is the case with many trending presale projects.
Meme Kombat’s Telegram community has now grown to over 4,800 people, while the official Twitter account boasts an audience of 9,200.
The project has even been referenced by several high-profile names on Twitter, including Crypto Tony, who has more than 362,000 followers.
With the meme coin and crypto gaming sectors surging in popularity, Meme Kombat aims to capitalize on this interest in a unique way.
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