Best Crypto to Buy Now as Dogecoin Signals A Bullish Price Move

The bull market has pumped the meme coin ecosystem, carving a clear path for old meme assets to grow. Thanks to this, Dogecoin, the world’s biggest meme coin by market capitalization, has now entered back in range.

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A recent Dogecoin price prediction went viral after being shared on X by Ali Martinez, and it has led many to hope that the $1 mark is finally not far off. Does that make Dogecoin the best crypto to buy now?

Dogecoin is in a Historical Range – Ali Martinez

Pointing out the higher lows that Dogecoin has printed on the weekly charts, Ali Martinez has confidently said that the range is the same one that has led the meme coin to reach new highs in previous cycles.

Responses to this post are positive, with many saying Dogecoin will repeat history and outperform just like before.

At the time of writing, Dogecoin is trading around the $0.23 level. If we extend the trajectory Martinez has established, it is possible for the Dogecoin price to retest its previous highs by 2032. That being said, the meme coin market is volatile, and this prediction could prompt more buyers to check out Dogecoin, potentially leading to a pump that brings the $1 mark faster than expected.

Why is Dogecoin in the Bullish Range?

For a crypto that prides itself on having absolutely no utility, following a bullish range after such a long time is definitely turning heads. And there are multiple reasons behind this growth.

For one, it is Elon Musk’s recent founding of an America Party, which has stirred speculation around Dogecoin’s broader role in the ecosystem. It is a surprising belief, since even though Musk’s influence over Dogecoin has been bullish, the SpaceX founder has distanced himself from it.

Institutional accumulation is also one of the reasons behind Dogecoin’s surge. According to data cited by Finance Magnates, institutional wallets have accumulated over 1.08 billion DOGE, approximately $250 million worth, during a 48-hour window ending on July 21.

There is also news coming from the technical front. A new technical proposal has been introduced by DogeOS, which is the Dogecoin application layer team. It aims to make Dogecoin capable of verifying zero-knowledge proofs.

And then, there is the bull market. Although there have been a few short-term corrections in the BTC price, the overall trend is still bullish, which is boosting investors’ confidence in the meme coin market.

Is Dogecoin the Best Crypto to Buy Now?

Given the analysis and how Dogecoin has performed, it could be one of the best cryptos to invest in. However, investors should always focus on diversification, creating portfolios that are a mix of high-cap cryptos like DOGE as well as ICOs.

Wall Street Pepe

As Dogecoin continues its upward momentum, meme coin investors are looking for the next breakout star. Wall Street Pepe stands as a strong contender, benefiting from renewed interest in community-driven crypto assets.

Wall Street Pepe has one core mission, which is to empower retail investors by providing access to automated trading tools and community-developed market insights through its WEPE Army, which can be found inside its Alpha Trading Chat group. This levels the playing field, allowing everyday users to operate with insider-level confidence.

The presale was a major success, raising $70 million and ranking among the largest meme coin presales in history. This financial backing gave the project the momentum to aim for listings on top-tier exchanges.

Visually, Wall Street Pepe blends the rebellious charm of the Pepe meme with the grit of Wall Street culture. Its imagery of a suited-up frog going head-to-head with the financial elite reflects its mission to shift power from institutions to the people.

Thanks to Dogecoin’s recent surge and Wall Street Pepe’s strategic expansion into the Solana ecosystem, the token has already experienced double-digit growth. It’s now on the radar of meme coin enthusiasts and serious traders alike.

Snorter

Dogecoin’s current bullish range could spark a fresh wave of meme coins, especially on fast-growing chains like Solana. Snorter positions itself perfectly to help traders discover and ride these trends early.

Along with being a meme asset, Snorter is a powerful discovery tool that uses algorithmic filters and community sentiment to highlight promising new meme coins across multiple blockchains. As Solana becomes a hub for low-fee, high-speed launches, Snorter could be the key to spotting the next big thing before it pumps.

One of Snorter’s biggest strengths is its accessibility. The platform runs natively on Telegram, making it easy for users to get real-time alerts and insights without needing to navigate complex dashboards.

Social trading features also set Snorter apart. Users can see what trending wallets are buying, share their own picks, and follow traders with a proven track record, creating a tight-knit ecosystem of crowd-powered research.

While still early in its journey, Snorter has already raised over $2.4 million, showing early traction and community support. As Dogecoin’s momentum fuels meme coin enthusiasm, tools like Snorter could become essential for meme hunters chasing the next breakout.

Crypto analysts have called it one of the best projects that investors should get into early.

Best Wallet Token

With Dogecoin sparking bullish sentiment across the meme coin market, tools that help users discover new opportunities are more important than ever. Best Wallet Token, the utility token behind Best Wallet, could play a key role in helping investors find the next breakout meme coins.

One standout feature is Best Wallet’s “Upcoming Tokens” section, which is a built-in launchpad that lets traders invest in new projects before they go live. This early access can be crucial in a fast-moving market, especially as more meme coins are expected to launch in the wake of Dogecoin’s rally.

Beyond its launchpad, Best Wallet offers a range of perks including real-time portfolio tracking, low transaction fees, staking, NFT and iGaming interaction, and integrated cross-chain support. Its sleek and beginner-friendly interface makes it easy for both new and experienced users to manage their assets effectively.

Security is also a top priority. Best Wallet includes multiple layers of protection, from biometric access to secure key storage, ensuring peace of mind while exploring volatile assets.

The entire ecosystem is DAO-driven, giving the community a voice in future development, token listings, and feature rollouts. Best Wallet Token enhances this structure by offering staking rewards, governance rights, and premium feature access.

With over $14 million raised in presale, Best Wallet Token is shaping up to be one of the most promising utility tokens in the current market.

Conclusion

Dogecoin now trading in a bullish range bodes well for the entire meme coin market. That said, the market is still volatile, and investors need to remain cautious. Therefore, instead of focusing on a single asset, investors should create portfolios with assets that can help them leverage the current bullish momentum and become early movers.

This “best crypto to buy now” list focuses on crypto ICOs for that very reason.

This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.

Nikolay Kolev

Nikolay is a crypto enthusiast, with a keen interest in emerging technologies and investment strategies. He holds active positions across various crypto exchanges, regularly analyzing and investing in promising new projects and meme cryptos. Nikolay is known for his ability to take calculated risks and extract value from unconventional investments, with his highest return being 13X with the $PEPE token. His investment philosophy includes a strategic approach focused on long-term growth, supported by in-depth research of market trends and innovations in crypto and blockchain technologies. Niki actively monitors global market changes and has a deep understanding of cryptocurrency mechanisms and their potential for development.