DOGE?YUAN: The OFFICIAL Crypto Currency For Chinese ESL STUDENTSA Chinese Educational Company METX announces Blockchain Integration for Elementary Students. MetX will be using DOGE Coin as the Crypto of choice for their educational program.
Children and teachers are incentivized to use DOGE Coin as rewards system based on performance extracurricular activities.
"Meten EdtechX Education Group Ltd. (NASDAQ:METX) ("Meten EdtechX" or the "Company"), a leading omnichannel English language training ("ELT") service provider in China, today announced that the Company has initiated its blockchain technology strategic plan (the "Plan") and will introduce a Doge Coin reward mechanism on the platform of Likeshuo for foreign teachers. Dogecoin is the second largest cryptocurrency in the world after Bitcoin ."
FULL ARTICLE BELOW.
invest.ameritrade.com
Based on this news i decided to chart the Doge against the Chinese Yuan for an idea of its price point.
If Doge/Yuan is indeed approaching WAVE 5 Than a simple target projection would be the 2.618 Fib from Previous High to Low.
One could expect roughly a 300% return, raising the price of Doge to $1.5 Yuan.
There are higher targets but at minimum if this is indeed a wave 5 approaching than 1.5Yuan is reasonable.
There is a chance DogeYuaN does get extended into the $3 Yuan price zone but its best to take it one step at a time.
- The Net
