Hoge Finance (HOGE) meme coin has pumped over 3.25% today as the cryptocurrency markets experience a relief bounce. Currently meme coins are in a trend and we’ve seen many explosive moves from some of the low market cap gems out there.
At the time of writing this Hoge Finance (HOGE) is trading at $0.0000403 and if we see positive continuation we might be able to reach the $0.000045 price levels.
Can Hoge Finance (HOGE) continue pumping or is this just another dead cat bounce?
Hoge Finance (HOGE) Price Prediction 2022
Over the last day Hoge Finance (HOGE) has been one of the top performing meme coins in the crypto space. Hoge Finance (HOGE) is currently printing green candles on the charts as the bulls battle to maintain the $0.0004 price levels.
It is worth noting that as Hoge Finance (HOGE) only has a $14 million dollar market capital and as a result the price action can be extremely volatile. The next level of resistance for Hoge Finance (HOGE) is the swing high from the 29th July, at roughly $0.0000416.
From a technical analysis point of view Hoge Finance (HOGE) is looking rather bullish. If Bitcoin can also maintain positive price action, it should pull the rest of the crypto market up with it and other altcoins – this includes meme coins too.
Currently Hoge Finance (HOGE) is forming a bullish ascending channel on the price charts which could potentially lead to continuation to the upside. Though for now it is merely dubious speculation as the relative strength index is overbought and we have seen many green candles.
Usually this means we are due a slight retracement or temporary pull back before seeing another impulse in the price.
Hoge/Usdt – 15 Minute Time Frame.
As demonstrated above Hoge Finance is now consolidating at the $0.0000403 range as we reach a level of resistance. If Hoge Finance (HOGE) gets rejected here we could print another swing-low on the charts to around the $0.000037 price levels before another blast off to resistance.
The bullish scenario is that we break through the upper trendline of the ascending channel to $0.0000416 (2.44% price increase) and then break out to the next major resistance level of $0.0000481 (15.55% price increase) as seen in the price charts below.
Hoge/Usdt – 15 Minute Time Frame.
If the cryptocurrency market can maintain positive price momentum and external factors such as the consumer price index report works in our favour on the 10th August we could see a big move soon for Hoge Finance (HOGE).
Hoge Finance (HOGE) Video Analysis
What is Hoge Finance (HOGE) Meme Coin?
Hoge Finance (HOGE) envisions itself as a community focused DeFi auto-staking ERC-20 token. One of the unique selling points to meme coin investors is that it has a capped circulation of 1,000,000,000,000 and deflationary supply.
They also describe themselves as a legally recognized nonprofit DAO-hybrid and have a play on words or motto stating “We Meme Business”. The mission on the Hoge Finance websites states “HOGE Finance Is The Original Community-Driven DeFi Project That Rewards You For Holding”.
Latest Meme Coin That Could Outperform Hoge Finance?
Right now another new meme coin known as Tamadoge (TAMA) is igniting a lot of interest amongst the crypto masses. Tamadoge (TAMA) is a play-to-earn meme coin which also offers exciting NFT ownership to players.
Tamadoge (TAMA) is an anti-rug pull and deflationary meme coin token which has massive potential versus many competitors. Currently Tamadoge is in presale until the 2nd of September 2022, already $107,693 USDT has been raised in a short period of time.
Investors or traders can purchase Tamadoge (TAMA) at buy.tamadoge.io in exchange for Ethereum, USDT or Fiat currencies. Many existing memecoins in the crypto space have already been launched on many big centralised exchanges.
There are rumors that Tamadoge (TAMA) could be listed on a fex CEX’s shortly after the launch which could be a strong price catalyst. Tamadoge (TAMA) is also one of the only meme coins in presale right now. Once launching there will be a lot of space for a new community to form and add value to the network.
As the hype naturally builds for Tamadoge we will see a massive amount of anticipation and excitement around the launch of this project. In my opinion this is why TAMA has the potential to make a 10-100x once it goes fully public.
In the future we may see Tamadoge (TAMA) as one of the next top 10 meme coins.
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