Digibyte (DGB) Price Surges 14% as MEME Index (MEMEX) Token Promises 100x Returns

The Digibyte price surged 14% in the last 24 hours to trade at $0.0111 as of 09:09 p.m. EST on trading volume that rose 188% to $37.6 million.

The price of Digibyte (DGB) surged 14% in the last 24 hours to trade at $0.0111 as of 09:09 p.m. EST on Thursday, on trading volume that rose 188% to $37.6 million.

The cryptocurrency faced resistance at the $0.0120 level, where it encountered selling pressure that could lead to a short-term pullback.

However, if the bulls overcome this resistance and push the price further, the next target could be the $0.0150-$0.0160 range, which is defined by the 0.382 Fibonacci retracement level of the recent downtrend.

A failure to break above the resistance at point A could result in a retest of support at point B, which is located around the $0.0093-$0.0095 level.

On the other hand, if the bears manage to regain control and break below the support at point B, the price of DGB could continue to decline toward the $0.0075 level.

The RSI is currently sitting at 68.27, which is close to the overbought territory (above 70). This suggests that the price of DGB is experiencing strong buying pressure but could also face a short-term pullback before continuing its upward trajectory.

The blue MACD line is currently above the signal line, with histogram bars turning green. This bullish crossover indicates that momentum is favoring the bulls, reinforcing the strength of the breakout.

DGB/USDT Chart Analysis (Tradingview)

DGB Price Prediction

With the current breakout, the Digibyte price is showing strong bullish momentum.

If buyers maintain control, the price of Digibyte could aim for the $0.02 resistance level, representing a potential 70% increase from the current price.

However, traders should watch for a possible retest of support near the $0.0093-$0.0095 range before further upside continuation.

A failure to sustain the breakout could lead to a retest of lower support around $0.009 or even the $0.0075 level if selling pressure increases.

Even as the DGB price surges, investors are shifting to a new meme coin called Meme Index (MEMEX).

According to 99Bitcoins, a prominent crypto channel on YouTube that boasts over 725K subscribers, MEMEX has the potential to be the next 100x crypto.

Meme Index Closes On $4 Million – Last Chance To Buy

Meme Index, a smart investing solution for meme coins, has raised over $3.9 million in its presale, which closes in 22 days, on March 31.

Savvy crypto investors can take advantage of this final chance to contribute to the first-ever decentralized meme coin investing platform, which provides exposure to baskets of meme coins simply by buying the $MEMEX token.

The project brings the concept of index investing, which is widely used in the stock market, to the meme coin market for the first time.

GET READY TO MOON, DEGENS! Meme coin mania is BACK and better than ever! With Solana at the helm, my AI-powered $MEMEX is scanning the markets for the NEXT BIG THING! Stay glued for exclusive alpha, insights, and updates on the hottest meme coins!

— Meme Coin Mania (@MemeCoinMania77) February 5, 2025

MEMEX token holders can invest in 4 different meme coin baskets, ranging from the lowest risk Meme Titan Index, which invests in top meme coins like Dogecoin and Shiba Inu, to the highest risk Meme Frenzy Index, which invests in newly emerging, high-risk meme coins.

In between are the Meme Moonshot Index, and Meme Midcap Index.

MEMEX holders can also take part in its presale staking pool, which currently provides a stratospheric annual yield of 575%.

You can purchase MEMEX tokens on the official website for just $0.0166883. 

Buy MEMEX before it’s too late.

As the presale comes to an end, the project has also announced a partnership with Chainlink, which will see the integration of the renowned decentralized oracle network into the MEMEX ecosystem.

This partnership will provide MEMEX with access to Chainlink’s vast range of on-chain and off-chain data, which will be used to power the platform’s advanced investment analytics and risk management tools.

This collaboration is set to unlock new possibilities for MEMEX in terms of market intelligence, price discovery, and efficient cross-chain interoperability.

This partnership will be crucial in supporting MEMEX’s long-term vision to become the premier smart investing solution