Dogecoin once made the headlines with promises to reach $ 1, but this dream now seems distant. Despite the previous rallies, retail sales, weak techniques and heavy domination of whales hold Doge. Meanwhile, a new viral Altcoin rewrites the script, rises to 400% in a few days. While investors continue innovation and actual growth, Dogecoin may find it difficult to follow this new market cycle.
Dogecoin slides again while whales continue to buy and the retail trade continues to sell
Dogecoin loses steam again, lowering more than 4% after the brief rally of 37% of last week. The excitement that pushed Doge higher fades quickly and the feeling of retail remains firmly on the sidelines. While the whales continue to accumulate, with more than 122 billion Doge now in their hands, the small carriers are still unloading. The retail has persisted since early July and the new participants have not replaced the release. This imbalance weighs heavily on the price.
Coinglass market data confirms the trend: the negotiation volume is down by almost 47% and open interest fell to $ 4.85 billion. The techniques also paint a sinister table. DOGE is negotiated below all the major medium -sized medium -sized, including 50 days, 100 days and 200 days, strengthening the pressure downwards. The MacD is deep in the red, and all the small rally attempts are quickly overwhelmed by larger sales.
Despite the support of heavy whales, Doge continues to fight with high levels of resistance and a lack of enthusiasm for retail. Analysts are now wondering if Dogecoin can never realistically approach $ 1. They are no longer just memes; The structure of the market and the impulse say the opposite.
Without a new request for retail and under coherent resistance, the Doge path to $ 1 becomes more difficult to imagine. Meanwhile, a new Altcoin steals the spotlight with an overvoltage of 400%, which raises new questions about the place where the energy of retail is then headed.
Desoc could be the viral altcoin that Doge has never become
While Dogecoin is struggling to find a momentum up, a new Altcoin quietly builds a massive traction. Desoc (SOCS) draws attention with its decentralized approach to social media, something that traditional platforms have failed to deliver. A 2023 study revealed that 64% of Americans think that social media companies control news too much. Desoc takes this seriously, using blockchain to return control to users and protect their data. These are not memes or media threshing; These are transparency, equity and real utility.
The team behind Desoc locked its tokens for two years and obtained a 30 -year liquidity lock, movements that signal a serious long -term vision and market stability. Unlike projects that focus only on price action, Desoc supports its mission with several safety audits, with an already completed and more programmed. This shows a clear dedication to the protection of investors and users.
Its user -friendly design offers customizable profiles, integrated portfolios and content recommendations powered by AI, while protecting confidentiality. However, unlike Dogecoin, which has no real use, Desoc has a real use case. This is a platform where user possession, data security and freedom of expression are the main concerns.
With a distribution of fully transparent tokens and early access already generating buzz, Desoc promises to be altcoin which is not satisfied with a wave that it builds.
Discover the future of decentralized social infrastructure with Desoc. Explore the project and join the SOCS token preventing here:
Website: https://desoc.space
