Why didn’t Dogecoin pump alongside Pepe? Avorak Trade has the answer
Pepe coin (PEPE) took the crypto market by storm a couple of weeks ago, with its price spiking significantly. This surge resulted in a rise in many meme coins. However, many investors and traders question why Dogecoin (DOGE) didn’t pump alongside PEPE and what it means for its future as the most popular meme coin. That’s where Avorak Trade comes in.
The Dogecoin (DOGE) price has been subject to much volatility since its entrance to the crypto market. DOGE has declined for the past 30 days, despite facing spikes due to certain news and events, such as Elon Musk’s Twitter logo change. Additionally, Pepe coin (PEPE) has been the talk among enthusiasts since its surge, creating stiff competition for older meme coins like DOGE.
Will the Dogecoin price go up again?
Dogecoin (DOGE) is significantly below its 2021 highs. Additionally, despite Musk’s endorsements playing an important role in the popularity and growth of DOGE, this close link also comes with several disadvantages. For example, the Dogecoin price fell after Elon Musk announced stepping down as Twitter CEO. DOGE also lacks utility, which is a concern as meme coins like Shiba Inu (SHIB) are constantly working on developing utility.
Nonetheless, Dogecoin remains the largest meme coin by market capitalization and is a significant player in the crypto market. With significant developments, continued support from high-profile figures, and a favorable market, the Dogecoin price could go up again. However, as always, carrying out your own research is essential first.
What is Avorak Trade?
Avorak Trade is one of Avorak’s solutions. It is an innovative AI-powered trading bot that allows users to enhance their trading in a secure, easy-to-use, and fun environment. Unlike many other trading APIs or bots limited to specific assets or exchanges, Avorak Trade offers a versatile solution that caters to a wide range of trading needs. With Avorak Trade, users can execute trades across various asset classes and exchanges with a simple non-code command-line input.
Avorak Trade goes beyond just executing trades; it also provides a comprehensive set of indicators, including overlays and notification systems, to help users identify trends and pattern changes in the market. Avorak can thus help investors and analysts tell why DOGE didn’t pump alongside PEPE and whether the DOGE price will go up again. The platform also provides visual support by integrating services like TradingView, making it easier for users to monitor and interpret trading signals.
With many other trading platforms experiencing API key leaks, Avorak AI prioritizes high-level security measures to ensure the safety of user accounts and funds. By streamlining the trading process and offering a wide range of features, Avorak Trade helps traders and investors maximize their potential for success.
Avorak AI also includes other solutions that are equally efficient and unique as Avorak Trade. These include digital assistants, image and text generators, chatbots, security monitors, and much more. To access these services, you will require the AVRK token. AVRK is currently trading at $0.235 in phase 6 of Avorak’s initial coin offering (ICO). Avorak ICO investors receive significant advantages over open-market buyers, such as on-top bonuses and substantial profits by launch day. Crypto watchers on YouTube, like Ben Crypto, have discussed the Avorak AI project and its offerings, citing the relevance of its ICO event.
For more information on Avorak AI and its ICO:-
Buy AVRK: https://invest.avorak.ai/register