Dogecoin dey face sell pressure as Nexchain presale don pass $3.7M, e mean say traders dey rotate enter AI blockchain projects
Dogecoin (DOGE) dey under renewed selling pressure for one volatile crypto market, e don drop 14% last week and e dey struggle to regain the $0.20 level as trading volumes still low. Dis one show say short-term weakness dey and e dey cause concern among traders. Meanwhile, money dey shift to emerging blockchain projects, especially the AI-powered Layer-1 network Nexchain wey presale don pass $3.7 million and e enter im 16th stage at $0.062 per token. Nexchain dey stand out with AI-powered infrastructure, gas fee rewards for token holders, plus wide interoperability with major blockchains like Ethereum, BNB Chain, Polygon, and Solana. Crypto traders dey show more interest for early-stage protocols wey get real utility and long-term growth potential, showing wider trend of people dey rotate out from meme coins like DOGE to growth-focused, AI-enhanced DeFi projects like Nexchain. This changing market dynamic fit position Nexchain as one serious contender for altcoin scene come 2025.
Bearish
Dogecoin don drop 14%, e no fit regain im key price levels and e low trading volumes show say e still get short-term weakness plus no strong buying interest. Traders dey move money from DOGE go better projects like Nexchain wey get real utility and growth potential, dis one mean say trader confidence for meme tokens dey fall, and e make bearish view on DOGE strong for now. Nexchain get strong presale momentum plus e value proposition different, dis dey put more selling pressure on Dogecoin.