The exceptional performance of Dogechain this week is no secret. In its first few days of emergence, the 24h gainers on dexscreener revealed a page full of 100-500x+ returns. I personally know members in the community that have been able to turn 2 figures into 5 in less than a week. This type of unprecedented success is causing a fomo rush from all sorts of communities, from retired shitcoiners, to NFT whales, to lurkers who stayed sidelined before, and more. Your favourite influencers are all chain hopping to catch the trend, and almost all your friends are making profits on Doge.

The question lies, will DogeChain be a fad like KCC, ADA, and AVAX shitcoins?

Hot take: I personally believe (and hope) that a memecoin sparked by Dogechain will pump like Safemoon did on BSC last year which ignited the crazy shitcoin season. Some of us will catch it, and the rest of us will be hating ourselves for not fomo’ing in day after day.

Important disclaimer: It’s been pretty public this week, but you should know that the Dogechain we are using isn’t by the official Doge team - it’s the guys behind ‘quickswap’. There have already been problems with withdrawals out of the chain from anywhere upwards of 3-7 days. There are theories that once the output withdrawals start exceeding input deposits then delays will start happening when trying to take funds out of the chain.

Regardless of this, its evident that Dogechain has been milking most of the degen volume out of Eth / BSC chains as of late, and gains are to be made. $DOGE itself is looking to start a reversal, and it’s even a good indicator to see meme stocks like $BBBY (WSB meme stock from last year) to see a near 300-400% monthly increase. Hopefully Dogechain stays fun and doesn’t become another medium for insiders to circlejerk their pnd’s.

Side note, some good platforms to discuss Doge plays;

discord.gg/cryptic-crypto
https://news.1rj.ru/str/dogechainjournal
https://news.1rj.ru/str/losttraders

🔮Potatoz have been holding up really well. Staking will be live in ~20 hours. There doesn't seem to be a lock time for staking so the play would probably be to stake all that you have and just unstake when you want to sell.

Returning to these two 🍌BSC🍌 plays

🔮🟡 RareFND observing if it forms a higher low here and waiting for confirmation because they've got market makers swinging the chart. Going to be a go signal for me if it bounces around this area on mid time frames.

🔮🔴/🟢 MagicCraft picking up a lot of volume lately, just reached a new local ATH as well. Majority of volume for $MCRT is coming from MEXC and another exchange. If/when their PvP game comes out, I'd expect MagicCraft to go absolutely ballistic assuming the game is authentic. Timeframe should relatively match the authenticity, though.

Long BTCUSDT
Order Type: Market Long
Risk: High
Leverage: 50x (Cross)
Trade Timeframe: Intraday/Swing
Entry Price: 22780
Highest Recommended Entry: No higher than 22800
SL: 22400
TPs: 23100/23350/23600/23800