Even with the recent meme coin market downturn, influenced by events like the North Korea Lazarus Group scam and various meme coin “rug pulls,” Dogecoin (DOGE) is showing resilience. It’s currently holding above $0.2131 and has reportedly increased by 5.4% in the last day alone. As the meme coin world looks to bounce back from this widespread dip, the big question remains: can Dogecoin actually reach that $2 mark?

Meanwhile, a new altcoin is turning heads: JetBolt (JBOLT). Its presale is gaining serious momentum, having already sold almost 335 million tokens since it launched. What’s drawing the crypto community in? JetBolt is boasting some compelling features, notably its zero-gas technology.

So, is $2 in Dogecoin’s future? And what’s fueling the excitement around the JetBolt presale? Let’s delve into the details.

Dogecoin Price Prediction: Can Dogecoin Reach $2? 

Dogecoin (DOGE) has seen a significant drop recently, falling over 15.6% in the past week and a notable 35.3% over the month. This downward trend can be attributed to a couple of major factors: the North Korea Lazarus Group’s massive $1.4 billion hack on Bybit on February 21st, and a general slump in the meme coin market due to alleged “rug pulls.”

Some Dogecoin analysts believe the journey to $2 might be a long one. Technical indicators currently suggest a negative outlook. The Moving Average Convergence Divergence (MACD) is showing a bearish “death crossover” signal, and the Relative Strength Index (RSI) is below the neutral level of 50.

For DOGE to reach that ambitious price target, it needs to first overcome the $0.30 resistance level and build some solid bullish momentum. In other Dogecoin news, the Dogecoin Foundation recently announced a five-year partnership with “House of Doge.” This collaboration could be a positive step, potentially helping Dogecoin break through those resistance barriers and attract more investor interest.

Crypto analyst Ali Martinez points out that a further drop below key support levels could mean more downside for Dogecoin. However, he also notes that if DOGE can hold its current support, we might just see a rally on the horizon.

Despite the overall meme coin market facing headwinds, analysts are still holding onto some optimism for DOGE reaching $2, although they suggest it might take more time than initially anticipated.

JetBolt (JBOLT)’s Soaring Presale Sells Millions: What’s Behind the Whale Rush?

In the ever-expanding world of cryptocurrencies, JetBolt (JBOLT) is quickly making a name for itself by highlighting its innovative zero-gas technology and other interesting features. This newcomer altcoin is achieving significant milestones in its presale, now approaching 335 million tokens sold and still climbing.

JetBolt, leveraging the power of the Skale Network, is offering zero-gas transactions across its platform. This feature is a game-changer, potentially enabling developers to build dApps, blockchain games, and Web3 projects without the worry of expensive gas fees.

The JetBolt platform is designed to provide a smooth user experience. Expect lightning-fast transaction speeds and near-instant transaction confirmations. And for traders, transacting should be a breeze thanks to JetBolt’s intuitive Web3 wallet.

Beyond the technical advantages, JetBolt’s Proof of Attendance and Worth (PAW) protocol is creating buzz within its community. Token holders have the opportunity to earn rewards by staking their tokens and actively participating in the JetBolt ecosystem through its rewarding staking system.

The growing enthusiasm around the JetBolt presale is largely due to the attractive benefits it offers. For example, early investors can grab up to a 25% bonus in tokens when purchasing Alpha Box packages or larger token batches. With the price of JetBolt tokens increasing daily during the presale, it’s no surprise that larger investors are showing keen interest in acquiring JBOLT.

Currently, Dogecoin’s path to $2 looks challenging, and analysts suggest it might be more realistic to consider a longer timeframe for DOGE to hit that price target. To get there, Dogecoin needs to overcome the $0.30 resistance, maintain its support levels, and build positive market momentum.

Switching gears, JetBolt (JBOLT) is gaining significant attention with its zero-gas technology and a highly successful presale, already achieving nearly 335 million tokens sold since its launch. With its innovative features and strong presale performance, JetBolt is positioning itself as an altcoin to keep a close eye on in 2025.