Doge decreases 29 % with Solana ICO goes equivalent
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Government efficiency price has decreased by 29 % in the past 24 hours of trading at $ 0.0517 from 9:16 pm EST on the trading volume, which decreased by 22 % to $ 4.8 million.
Doge Price declined at a time when the New York Times reported that Treasury Secretary Scott Pisent gave government efficiency management (DOGE) in Elon Musk to the federal payment system on Friday.
The development has followed a dispute over access to the payment system with the David Lebryk from the Treasury, which the newspaper mentioned on vacation and suddenly retired from the department.
Breaking: Sources that tell the Senator RonwydenOffice that the Ministry of Treasury was given the DOGE * Full * access to the treasury payment system. SS and Medicare’s advantages, grants, payments for government contractors, including those competing directly with Musk’s private companies. https://t.co/7pq2xmx5Qq
Hazem box (@Resolutesquare) February 1, 2025
Government efficiency price on correction
the Dog’s price It was in the long tight direction, with a series of higher levels and low decreases. Government efficiency price recently tried to recover from its lowest 0.0423 dollars, which is a round bottom pattern, which often indicates a possible reflection.
However, the price of Dog faced a strong rejection at $ 0.0758, which nullified the bottom of the approximation, indicating that the sellers are still controlling.
The declining trend paid government efficiency to trading without both simple moving averages for 50 days and 200 days (SMAS), which supports the continuous correction on the time frame for 4 hours.
Meanwhile, the RSI is currently at 51.55, indicating the neutral momentum. Previously, RSI moved over 40.39, indicating some purchase strength, but rejection of resistance indicates weakness.
The price of Dog remains in a declining direction
According to the Ministry of Governmental efficiency [rice analysis, DOGE remains in a bearish trend despite short-term recovery attempts. If the price fails to hold above $0.0483, it could retest the recent low of $0.0423.
A breakdown below this level could open doors for further downside toward $0.0350.
If the DOGE price finds support around $0.0483 and breaks above $0.0599, it could trigger another rally toward $0.0700. However, sustained bullish momentum would require breaking the 200-day SMA at $0.1417.
As investors sell off DOGE, they are snapping up a new alternative called Solaxy (SOLX), which 99Bitcoins, a popular crypto channel on YouTube with over 724K subscribers, says might soar 100x after launch.
Solaxy Presale raced about $ 18 million
Solaxy Presale continues to gain momentum, exceeding $ 17.3 million in early financing.
Solana rapid growth caused a slowdown, which is a misinformation due to the height of trading after its launch on Blockchain of Trump and Melania Meme last month.
Solaxy aims to solve Solana congestion problems with features such as collecting transactions and processing outside the chain, which improves Solana’s efficiency without slowing them.
Although Solaxy is designed to work with Solana, the project will be launched first on Ethereum. The team is developing a bridge between two Blockchain networks to connect them.
🚨 Sloalai now lives in the upcoming symbols! 🚨Solaxytoken It gives owners the opportunity to join the first Blockchain Solana Layer 2.
Solaxy is set to enhance Blockchain innovation by reducing congestion, reducing failed transactions, and improving the expansion of Sol. … pic.twitter.com/satnf6zfnf
– Best Wallet (Bestwallethq) December 17, 2024
By purchasing and contract SOLX, users can also gain negatively through the platform registration mechanism, which provides 233 % annual return.
Investors interested in participating in the preliminary can visit the official Solaxy website to buy SOLX codes at the current price of $ 0.001622 each using BNB, ETH, USDT or bank card.
Buy before the price rise in less than 19 hours to secure the best deal.
Visit Solx here.
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