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Could Dogecoin Reclaim $0.2 This May as Dogeverse Prepares for First Exchange Listings?

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The cryptocurrency market has been buzzing with activity, particularly in the meme coin segment. Dogecoin ($DOGE), despite its enduring popularity, has faced stiff competition from more versatile coins like Shiba Inu and Floki.

As we approach the end of May, investors and enthusiasts are keenly watching to see if Dogecoin can reclaim the $0.2 mark that it reached earlier this year. The hugely successful presale Dogeverse ($DOGEVERSE) is nearing its launch date after raising over $15 million.

Can Dogecoin Return to Its Former Glory?

Dogecoin has seen a mixed performance of late with highs of $0.174 and lows of $0.15. The spike in price was partly influenced by the news of Kabosu’s passing, the Shiba Inu dog who inspired the creation of Dogecoin. This event sparked a wave of nostalgia and renewed interest in Dogecoin, driving its price upward temporarily.

Although it’s down this week, it’s up 10% over the past 30 days, causing some to speculate that it may be resilient enough to claw its way back up to $0.2 again.

Dogecoin, created in 2013 as a joke, has grown into a serious contender in the crypto market. It’s widely recognized and accepted for various transactions. Still, compared to other doge-related coins like Floki and Shiba Inu, Dogecoin’s price increase has been slower.

At the end of March, $DOGE reached a peak of $0.22 for the first time since December 2021. This prompted bullish sentiment amongst meme coins traders. However, it has since declined to $0.1573.

This hasn’t deterred Dogecoin loyalists, however. Some traders have pointed to similar price movements back in early 2021 that resulted in huge gains for investors and saw Dogecoin reach an ATH of $0.7376. There has been speculation that Dogecoin could return to its former heights this run.

However, the more skeptical traders have pointed out that Dogecoin offers little utility in an oversaturated meme coin market. It has little purpose outside of a store of value, and it’s prone to wild fluctuations that make it less suitable for this purpose than other tokens.

Investors are becoming more discerning, seeking meme coins offering additional value. We’ve seen this with new coins that combine utility and memes having successful presales and launches. For example, BOOK OF MEME combines meme culture with a decentralized archive for storing memes and has seen some of the largest returns this year of any token.

Dogeverse Nears Launch Date as Presale Raises More than $15 Million

As Dogecoin navigates its market challenges, Dogeverse ($DOGEVERSE) is making a grand entry with its upcoming launch. The presale for Dogeverse has been a tremendous success, raising over $15 million so far. Impressively, $250,000 was raised within hours of the presale launch, indicating strong investor interest and confidence in the project.

Dogeverse is a multi-chain meme coin that follows Cosmo, the chain-hopping Shiba Inu. It stands out in a competitive market as the first meme coin to span six different blockchains: Solana, Base, Avalanche, Ethereum, Polygon, and BNB Chain. This has allowed it to capitalize on the rapidly expanding meme coin communities on Solana and Base.

Holders of Dogeverse can easily switch between chains using its wormhole bridge, offering users seamless interoperability and access to some of the largest blockchain ecosystems. Dogeverse also offers attractive staking rewards for presale investors, with a 44% annual percentage yield (APY) to be paid out over two years.

Currently priced at $0.00031, Dogeverse is in its final presale phase, with less than four days remaining before it is listed on exchanges. This presents a last-chance opportunity for investors to buy at the presale price.

As Dogeverse prepares for its exchange listings, the excitement is palpable. The project’s innovative multi-chain approach and strong presale performance position it well to make a significant impact in the meme coin market.

Visit Dogeverse Presale

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Cryptocurrency

Crypto Price Analysis May-23: ETH, XRP, ADA, SOL, and HYPE

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This week, we examine Ethereum, Ripple, Cardano, Solana, and Hype in greater detail.

Ethereum (ETH)

Ethereum continued to consolidate this week and booked a 2% gain. While this appears modest, the longer ETH sits above the key support at $2,400, the higher the chance of a continued rally that can challenge the current resistance at $2,870.

The price action remains bullish and a breakout attempt above $2,870 is likely, which could bring this cryptocurrency closer to $3,000, a key psychological level.

Looking ahead, ETH is looking promising and may follow Bitcoin, which has been making new price records. This ongoing market optimism could spill over across altcoins, including ETH.

ETHUSDT_2025-05-23_17-16-02
Chart by TradingView

Ripple (XRP)

XRP’s consolidation under the $2.6 resistance continues. This is why the price is almost identical to last week. Since sellers appear absent, this could give way for buyers to return and attempt a breakout above $2.6.

The momentum is bullish despite the low volatility. This flat trend could be just a brief pause before bulls gather enough strength to resume the rally towards $3, which is acting as a magnet for the price.

Looking ahead, XRP suffers from low volatility and volume right now, but this can change at any time. It’s quite likely that as soon as the $2.6 resistance falls, the price will rush to $3 in quick succession.

XRPUSDT_2025-05-23_17-15-37
Chart by TradingView

Cardano (ADA)

ADA is making good progress towards the $0.9 resistance and has increased by 5% this week. If this trend continues, a breakout attempt is likely before the end of May.

This bullish sentiment can also be seen on the weekly MACD, which is curving upwards with an imminent cross to the upside. If confirmed by next week, then ADA has a good shot at sustaining this rally to reclaim $1.

Looking ahead, ADA has good support at $0.75 should sellers return. This level was already tested recently, which puts buyers at an advantage right now. This makes a test of $0.9 more likely before any future pullback.

ADAUSDT_2025-05-23_17-15-51
Chart by TradingView

Solana (SOL)

Solana had a good week and booked an 8% gain. This allowed the price to expand and reach the resistance at $186, which is being challenged at the time of this post. If SOL is successful in breaking above it and turning it into a key support, then the next target will be found at $200 and beyond.

The weekly MACD already did a bullish cross two weeks ago. This puts SOL ahead of ADA in terms of its rally. While the price increased, the buy volume remains somewhat low compared to past rallies. This is a sign of weakness, but can quickly change if the asset goes beyond $200 later.

Solana is up by almost 100% since its recent bottom at $95. This is an impressive rally for a coin with such a large market capitalization. Considering the price is making higher highs, there are no signs of this trend changing anytime soon.

SOLUSDT_2025-05-23_17-15-25
Chart by TradingView

Hype (HYPE)

HYPE broke everyone’s expectations this week with an eye-popping 39% price increase. This pushed it to $37 at the time of this post, a new record. This rapid move has created euphoria across the Hyperliquid ecosystem.

The current target for this rally is $40, which is the next major psychological level on the chart. Considering the strength of this rally, HYPE may test that level within 24h. Once the buying pressure subsides, a pullback is likely and may be quite significant considering this rally.

Looking ahead, HYPE is one of the few altcoins that managed to make a new all-time high in 2025, breaking its record of $35 from December 2024. This gives hope that the overall altcoin market may soon recover the losses from earlier this year.

HYPEUSDT_2025-05-23_17-15-09
Chart by TradingView
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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.

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Cryptocurrency

Bitcoin Slumps Below $109K as Trump Proposes New Tariffs Against EU

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After a month of calmness on the tariff front and even positive developments between the US and China, the POTUS is back with making threats against (former) partners – this time, solely the EU.

Trump said the talks with the Union are leading to no meaningful results and proposed a straight 50% tariff starting from June 1.

The US President believes the EU was formed for the “primary purpose of taking advantage of the United States” on the trade front, and its multiple barriers have made it difficult for everyday Americans. In fact, he claimed that the Union’s policies have led to a Trade Deficit with the US of more than $250,000,000 per year.

His statement, which went live minutes ago, had a profound and immediate effect on the cryptocurrency markets, as did previous tariff-related announcements.

Bitcoin, which had retraced slightly to $111,000 after yesterday’s all-time high, slumped by a few grand and dipped below $109,000, where it sits at press time as well.

BTCUSD. Source: TradingView
BTCUSD. Source: TradingView

Recall that the asset slumped hard after Trump started the trade war against essentially every country a few months back. BTC bottomed on April 7 and 9 at under $75,000, which was a five-month low.

As the economic situation improved globally, even between the US and China, bitcoin went on the offensive and added over $35,000 in a month and a half to break its January all-time high.

The altcoins have also turned red after Trump’s statement today. His own meme coin is the worst performer on a daily scale, having lost 15% of its value after yesterday’s special dinner.

The total value of liquidated positions has risen to over $450 million, according to CoinGlass. Almost 150,000 over-leveraged traders have been wrecked in the past day.

Liquidation Heat Map. Source: CoinGlass
Liquidation Heat Map. Source: CoinGlass
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Imrat Group Scales Up International Presence: Active Expansion in Key Markets

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[PRESS RELEASE – Canada, Toronto, May 22nd, 2025]

The international hedge fund Imrat Group continues its dynamic global expansion. Today, the company operates in over 50 countries across Asia, Europe, the CIS, the Middle East, and Africa, where it is opening new offices, building local teams, and launching partnership programs.

“Scaling globally is a natural step in our company’s growth. We are establishing local networks in regions where we see strong potential for digital finance, innovation, and venture growth. Local teams help us better understand market specifics and adapt our products more quickly to meet actual demand,” said Ben Schultz, Managing Partner at IG Security.

This approach allows Imrat Group to combine global strategic management with local flexibility, effectively promoting investment solutions, digital products, and partnership models in different parts of the world.

International expansion also facilitates knowledge sharing between regions, accelerates the development of technological sectors (such as Web3, blockchain, green energy, and fintech), and creates a solid foundation for long-term growth.

Why Imrat Group is Chosen Worldwide

Technological Leadership

Imrat Group is not just an investment structure, but a comprehensive technological ecosystem. The company actively implements innovations in Web3, blockchain, digital assets, and green energy, giving partners access to cutting-edge solutions that are already shaping tomorrow’s economy.

Global Reliability and Regulatory Transparency

The company is registered and operates in Canada, Hong Kong, and the United Kingdom, ensuring compliance with international standards of compliance, financial transparency, and investor protection. This fosters a high level of trust from both private and institutional partners.

Flexible Partnership Models

Imrat Group builds mutually beneficial collaborations — from partner programs with training and mentoring to co-launching products and tailored local solutions. In each region, the company operates with sensitivity to cultural, legal, and economic contexts, offering customized interaction models.

Comprehensive Investment Solutions

Imrat Group offers a wide range of investment strategies — from Pre-IPO and ICO to sustainable portfolios in healthcare and energy — and provides access to high-growth potential products supported by a robust infrastructure for their implementation and scaling.

Local Presence with a Global Approach

The hedge fund establishes local teams and offices in regions with strong demand for digital finance and investment tools. This enables the company not only to export ready-made solutions, but to co-create them with local market players — from Asia to Europe, from the Middle East to Africa.

“We are building a sustainable global ecosystem where each region is not merely a consumer of solutions, but an active contributor to their creation. This is our approach to a fair, scalable, and technologically mature future,” emphasized Ben Schultz.

About Imrat Group

Imrat Group is an international investment hedge fund founded in 2021. Its core focus areas include digital assets, venture capital, healthcare, green energy, and blockchain. The company is registered in Canada, Hong Kong, and the United Kingdom, and is actively expanding its footprint in key markets across Asia, Europe, the CIS, and Africa. It provides access to high-tech investment products, supports startups, and implements next-generation digital economy models.

Website: https://imratgroup.io/en

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