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Three Crypto Giants To Watch Out for More Gains In 2023 – Dogecoin, Ethereum, and Everlodge

Press Releases Crypto News CryptoDaily UK Three Crypto Giants To Watch Out for More Gains In 2023 – Dogecoin, Ethereum, and Everlodge

While there are several digital currencies in the crypto sector, only a few of them have the potential to give huge gains. Meanwhile, analysts have picked three crypto giants to watch out for in 2023. They are Dogecoin, Ethereum, and Everlodge. According to analysts, these cryptos can give huge gains in 2023.

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Can Dogecoin (DOGE) Reclaim $0.60 Level?

Dogecoin (DOGE), the top-ranking meme coin, appears to be losing its appeal to crypto investors. Activity on the network has dropped in recent months. On October 11th, data analytics firm IntoTheBlock, stated that Dogecoin’s seven-day average for daily transactions has declined.

It dropped by 98.2% from 2.1 million in June to 37,300 transactions in October. Despite the drop in Dogecoin’s price, the DOGE community remains hopeful that X will adopt the coin. If X adopts DOGE for payments, it could have a positive effect on its price.

Besides, it will increase the demand, utility, visibility, and adoption of Dogecoin. At the moment, the coin’s price is fluctuating between $0.58 and $0.60 in October. If the price of Dogecoin crosses above the $0.60 mark, it could reach the $0.065 mark. Analysts see Dogecoin soaring to $0.075 in Q4 2023.

Ethereum (ETH) To Hit $8,000 Soon

On October 11th, Whale Alert, announced unknown whales have moved about $112 million worth of Ethereum coins to exchanges. First, an anonymous wallet transferred 22,157 ETH (about $34.5 million), to Coinbase. Another wallet deposited 50,000 ETH (about $78.3 million), into Kraken.

This news has sparked fears of a possible liquidation in the coming months. Meanwhile, the price of Ethereum has fallen from $1,656.82 to $1,548.09 on October 12th. This signifies a drop of 5.6% as bulls failed to maintain the $1,600 support.

Standard Chartered analyst, Geoff Kendrick, has forecasted the Ethereum price to reach $8,000 in two years. Kendrick also hinted at a more bullish run to the $26,000 to

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Author: Crypto Daily

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