Bitcoin (BTC) is again at the peak of the crypto market, and this time, it has set its sights on a $100,000 target. With institutional investment on the rise and a bullish run-up, can Bitcoin sustain its six-figure price tag? While all attention is focused on BTC, there is a new meme token that has been gaining popularity recently: DuragDoge ($DURAG).
Could this crypto outperform Bitcoin in terms of gains? DuragDoge has been the trending meme coin trend, which blends hood vibes and street smart & crypto swagger. Supported by the expanding community and uprising tokenomics, it is, perhaps, establishing itself gradually for consequent success. While Bitcoin struggles to maintain its position above crucial support levels, DuragDoge is moving far ahead, thus attracting the attention of both retail and whale buyers.
So, let’s discuss the factors surging DuragDoge as Bitcoin eyes $100,000.
Bitcoin (BTC): Showing Signs Of Easing Pressure
Bitcoin is currently displaying signs of recovery against a critical juncture as it threatens to move back above the mentioned support level. Although BTC tested lows under the sideways trading range of $90,000, the selling pressure could not hold below $92,000, showing signs of easing bearish pressure. Bitcoin’s next key level of resistance is $100,000.
A breakout above this level could present a new round of buying and push the prices toward $110,000 or new highs. On the other hand, in case the Bitcoin price declines below $92,000 once again, the subsequent level of support is at $87,800. A confirmed breakdown can drive the losses even lower to a level of about $80,000.
DuragDoge ($DURAG): Trending With Its No Tax Trading Platform
DuragDoge is another token that aims to combine culture and community with innovation. This new crypto project is here to champion the dreamers, the hustlers, and the go-getters who do not shy away from taking risks to get the ultimate rewards. DuragDoge has integrated a staking platform that rewards loyalty, which is why it is the best crypto to buy.
After the staking is live, users will be able to stake their $DURAG tokens and receive more benefits in the future. Investing in this blockchain trading platform also gives you an opportunity to earn up to 20% APR. In this staking, the token holder gets a bigger proportion back after staking for a longer time and also helps in supporting the ecosystem.
DuragDoge is deflationary in nature, which is why it is the best crypto to buy. This means that there will be less token circulation in the long run, hence making the token of higher value. Also, DuragDoge has no buy-and-sell tax, which gives users more freedom; there are no extra charges, and the profit goes directly to the users.
Conclusion
While Bitcoin displays signs of recovery, setting its eyes on the $100,000 mark, DuragDoge is surging and attracting investors. With its staking platform and deflationary model, this blockchain trading platform will yield significant returns for investors. To invest in this new crypto project, go to the presale website and purchase the number of tokens you want.
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