Dogecoin and Pepe Surge in Activity, While Watchvestor Attracts Investors

Watchvestor

Dogecoin and Pepe Stand Out With Increased Activity, But Investors Continue Migration To Watchvestor

As the cryptocurrency market looks to stabilize, two top meme coins, Dogecoin (DOGE) and Pepe (PEPE) have seen a surge in on-chain activity and popularity. However, they are facing stiff competition from Watchvestor (WVTR), a new project that has been growing in popularity over its promising growth potential.

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Dogecoin (DOGE) Price Finds Support, Activity Spikes

After a week of declining prices along with the cryptocurrency market, the price of Dogecoin (DOGE) has finally found a support level. Bouncing off at the critical $0.06200 level, the Dogecoin price looks to inch even higher in the coming week. 

Anticipating a significant spike, there has been a surge in the number of daily active addresses for Dogecoin. According to data provided by IntoTheBlock, the daily active addresses of Dogecoin have increased by 46,080. 

IntoTheBlock also reported that the recent shift indicates a potential upswing for the meme coin. While the firm predicts a rally over the next few weeks, other crypto experts have projected a $0.1 value for Dogecoin before the year ends.

Activity Soars As Pepe (PEPE) Forms Double Bottom

The spike in activity was also seen in the meme coin, Pepe coin (PEPE). Seeing out the recent aggressive bearish pressure, the Pepe coin price has formed a bullish double bottom as the meme coin found support at the $0.000001000 support level.

The initial reaction saw the price of the Pepe coin increase by as much as 5%. However, crypto experts have predicted an even bigger price jump for PEPE. As a result, there has been a surge of investors looking to catch the rally.

Based on technical indicators and the last reaction at its current level, the price of the meme coin could increase by as much as 30% in the next few weeks. If this rally is confirmed, PEPE could reach a high of $0.000001300 by September.

Watchvestor (WVTR) Set for Massive Surge As Investors Increase

Another crypto showing so much promise over the last few weeks is Watchvestor (WVTR). The project has seen an influx of new investors as crypto experts predict a 12x price surge for its utility token, WVTR.

Crypto experts are bullish about Watchvestor because it is the first of its kind in the crypto space. Watchvestor is creating a marketplace where investors can acquire and trade exceptionally rare timepieces from the likes of Rolex, Patek Phillippe, Richard Mille, and AP.

While these timepieces are naturally expensive, the marketplace aims to allow everyone into this industry by reducing the barrier to entry. Using a shared ownership model via fractional NFTs, Watchvestor will give everyone with $10 the opportunity to own these real luxury watches.

With the predictions of experts, WVTR is expected to rally to $0.35 in the next few weeks, from its current price of $0.03. In addition, holders of the token can stake their tokens from 7 days to 12 months to earn extra passive income.

Find out more about the Watchvestor (WVTR) Presale Today:

Website: https://watchvestor.com/

Telegram Community: https://t.me/WatchvestorOfficial

Source: https://www.analyticsinsight.net/dogecoin-and-pepe-surge-in-activity-while-watchvestor-attracts-investors/