Dogecoin News: DOGE Bounces Off $0.08 as 81% of OKX Traders Bet Long, and Analysts Eye 100x for Pepeto

Dogecoin news this week started with a scare and ended with a bet. On October 16, DOGE slipped under $0.08, then climbed 2.9% to about $0.0824, per CryptoTicker. The bigger signal sat in the bets: 81% of DOGE accounts on OKX were betting on a rise, against 62% for Bitcoin.

DOGE has paid that kind of nerve before. It sold for $0.0012 in March 2020 and peaked near $0.74 in May 2021, per Benzinga. The earliest seat in a meme coin run is a presale, and Pepeto (https://pepetocoin.com) is one, a meme coin presale with its own zero fee exchange.

Dogecoin News: Traders Pile Long as DOGE Climbs Back From $0.0779

The main dogecoin news on October 16 was a fast climb back from $0.077935, with traders piling into long bets. DOGE rose 5.7% from that low, per CryptoTicker's 10:00 UTC check. Its long to short ratio on OKX hit 4.17, the highest of nine big coins, while Bitcoin's sat at 1.61. Money in open DOGE bets on OKX also rose 11.2% on October 15, to $121.6 million.

On Binance, 71.4% of tracked accounts were long, and so were 76.5% of top traders, TokenPost reported. Traders expect DOGE to rise. The question is how far a $12.8 billion coin can climb.

DOGE Traders Lean Long, While a Meme Coin Presale Charges Nothing to Trade

Pepeto: DOGE Swings Mean More Trades, and PepetoSwap Charges 0% on Each One

DOGE swings fast, and every swing means more trades. One day it slips under $0.08, the next it climbs back, and each trade pays a fee. That fee quietly eats a trader's gains, whatever the market does.

Pepeto (https://pepetocoin.com) takes a different route. Its exchange, PepetoSwap, is live and charges a 0.00% swap fee, so it stays useful in any market, up or down. There is no protocol fee at all, and you pay network gas only.

A $1,000 trade costs $3 on Uniswap and $2.50 on PancakeSwap. On PepetoSwap, it costs $0. A $100,000 trade costs $300 on Uniswap and $250 on PancakeSwap, and still $0 here. That gap grows with every trade.

You can place market, limit or DCA orders. A private relay, on by default, keeps bots from jumping ahead of your trade, and your coins stay in your own wallet. Trades are backed by the project treasury and by stakers, who are paid from a reward pool, not from your fees.

Fees exist in every market, so a tool that removes them stays useful in every cycle. Make 200 trades of $5,000, and the saving reaches $3,000. That gives Pepeto a real use beyond the meme itself. A security scanner and a $0 bridge run on the same platform.

The presale sells at $0.0000001901 today, and the price rises at every new stage. More than $11.2 million has come in so far, and a Binance listing is approaching. Analysts project 100x for Pepeto after it lists. For a DOGE trader who wants a bigger shot, Pepeto is the early coin with a tool that saves money on every trade.

Dogecoin Price Prediction: Can DOGE Reach $0.10 This Month?

DOGE can reach $0.10 this month, but only after it clears a thick ceiling near $0.09. It trades at $0.078 today, per CoinMarketCap, with a total value of $12.81 billion.

For today, TokenPost's Enna Lee sees the lower Bollinger band near $0.08 as the floor, with daily RSI at 40.30. For this week, the 20, 50 and 200 day averages all sit near $0.09, so that is the wall DOGE must beat. Silke Schütters marks $0.0789 as support, with the October 2 high of $0.0971 next above, per CryptoTicker.

For the month, Trader Tardigrade sees a $0.10 neckline on an inverse head and shoulders, per TokenPost. From $0.078, $0.10 is a gain of about 22%. That is a fair move, yet DOGE would still sit about 86% under its 2021 peak.

Conclusion

This dogecoin news shows traders betting on a rise while DOGE still sits under $0.09. Pepeto offers a presale with an exchange that already saves traders money. At today's stage, $2,000 buys about 10.5 billion Pepeto tokens. If the 100x call proves right, that stake would be worth about $200,000, though that is a big if.

This stage ends when its timer runs out or its target fills, so it can close early. Buyers in this stage hold the early price, whatever the listing brings. The current stage on the Pepeto official website is still open.

Click To Visit Pepeto Website To Enter The Presale: (https://pepetocoin.com)

FAQs

What does today's dogecoin news indicate?

Today's dogecoin news indicates traders expect a rise, with 81% of OKX accounts betting long after DOGE bounced 2.9% from under $0.08. The next ceiling sits near $0.09.

Why does Pepeto come up alongside the latest dogecoin news?

Pepeto comes up because it is a meme coin at presale price with a 0% fee exchange. Analysts project 100x, and each stage on the Pepeto official website costs more.

Disclaimer:

The information included in this publication is intended to educate rather than provide financial advice. Cryptocurrency investments involve substantial market uncertainty and considerable financial exposure, potentially resulting in significant losses of invested capital. Always evaluate investment opportunities independently or seek guidance from a qualified financial professional before committing funds.

Contact: Dani Bonocci
Website: https://www.tokenwire.io
Phone: +971586738991
SOURCE: Pepeto

Press release distribution

This release was published on openPR.