The Popcat worth pumped over 5% within the final 24 hours to commerce at $0.7621 as of seven:03 a.m. EST as traders establish the meme coin’s present stage as a purchase alternative.

With this latest acquire, the POPCAT worth is up greater than 95% on the weekly timeframe. Nonetheless, its month-to-month efficiency remains to be 13% within the crimson.

The Popcat Value Enters A Interval Of Sideways Buying and selling

4-hour chart for POPCAT/USD (Supply: GeckoTerminal)

The Popcat worth has been in a short-term consolidation between $0.6951 and $0.7759 over the previous 48 hours. This era of sideways buying and selling may very well be the construct as much as a powerful transfer. Ought to POPCAT begin to climb within the brief time period, the meme coin may try and flip the resistance stage at $0.7759 into assist. Thereafter, the crypto may rise to as excessive as $0.8609 within the brief time period.

Then again, merchants deciding to dump POPCAT within the coming couple of days may result in the crypto dropping the instant assist stage at $0.6951. Falling under this technical security internet may then expose the Popcat worth to the chance of dropping to $0.6058 within the brief time period.

Technicals Counsel The Popcat Value May Drop Quickly

From a technical perspective, indicators on POPCAT’s 4-hour chart counsel the meme coin’s worth may fall within the coming 24 hours. Extra particularly, the Shifting Common Convergence Divergence (MACD) and the Relative Power Index (RSI) indicators are displaying bearish indicators.

Over the previous 24 hours, the MACD line crossed under the MACD Sign line. Merchants normally see this technical occasion as a sign {that a} crypto has entered a short-term damaging pattern. What’s extra, the hole between the 2 strains retains rising. This may be an indication of POPCAT’s bearish momentum intensifying.

RSI readings have dropped from 73 to 62 all through the previous day of buying and selling. Though the present RSI studying is bullishly above 50, the damaging slope of the RSI line warns that the indicator may drop under the 50 benchmark quickly.

Whereas the Popcat worth loses its technical power, traders are dashing to purchase Base meme coin rival Base Dawgz (DAWGZ) as its presale approaches its finish.

Connecting Base To Some Of The Greatest Networks In The Crypto House

Base Dawgz (DAWGZ) is a brand new meme coin venture that calls the layer-2 Base blockchain its dwelling. To set itself aside from its rivals, the venture goals to attain a stage of interoperability a lot larger than another meme cash. 

Powered by Wormhole and Portal Bridge expertise, DAWGZ holders can seamlessly transact on a number of the most liquid and lively networks within the Web3 area. These blockchains embody Avalanche, Binance Sensible Chain, Ethereum and Solana. 

DAWGZ’s multi-chain presence signifies that traders can participate in yield-generating alternatives as quickly as they seem, even when they don’t seem to be inside the Base ecosystem.

A number of analysts and consultants are bullish on Base Dawgz. Famend crypto YouTuber ClayBro stated in a latest video that DAWGZ is a high meme coin to build up throughout its ongoing ICO part.

Buyers Guess Massive On DAWGZ’s Future

Buyers have poured greater than $3 million into DAWGZ’s ongoing presale, signaling sturdy confidence within the venture’s future. A possible cause behind this heightened curiosity within the new meme coin may very well be the 782% APY on supply to anybody who purchases and stakes DAWGZ at this early stage.

To get in on these excessive passive rewards, traders can purchase the token utilizing the straightforward purchase widget embedded on the venture’s web site. Thereafter, the tokens have to be locked up through the staking web page to realize entry to the staking rewards.

DAWGZ is at present promoting for $0.008173, and will be purchased utilizing both BASE, SOL, AVAX, ETH or BNB given the venture’s multi-chain presence.

Buyers will wish to act quick, as a result of the venture’s ICO will likely be ending in 2 days.

Buy and stake DAWGZ for the 782% APY right here earlier than its ICO ends.

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• $10+ Million Raised at ICO – Ends Quickly

A staggering 96,086,320 Shiba Inu (SHIB) tokens (price $1,364) had been burned in a single transaction on Thursday, making it the most important burn occasion within the final two months.

The transaction answerable for this monumental burn was performed on August 29, 2024 at 21:19 UTC. Information from Shibburn, the devoted tracker for such occasions, reveals that the tokens had been burned from a pockets related to a person of the crypto change Coinbase. Moreover, Etherscan’s insights present that the pockets performed a number of transactions from Coinbase.

Shiba Inu Burn Charge Spikes 28,000%

Previous to the SHIB burn, the pockets was inactive for 154 days, with the final recorded transaction occurring on March 28, 2024. Throughout this transaction, the pockets exchanged 0.2839 ETH (price roughly $715 on the time) by way of THORChain.

The sudden reactivation of the pockets and the execution of such a big transaction has sparked curiosity and hypothesis within the Shiba Inu group concerning the motives and future intentions of the pockets proprietor. Notably, the pockets tackle is nameless. At press time, the tackle has dropped to 0.013485458648025166 ETH, which equates to a price of $34.13.

This newest burn is critical not just for its dimension but additionally as half of a bigger sample of burns. Simply two months earlier, on June 30, 2024, one other massive burn was recorded the place 290.43 million SHIB tokens had been destroyed by an nameless entity. The comparability of those two main occasions showcases an ongoing dedication inside the group to cut back the out there provide of SHIB.

During the last 24 hours from the reporting, the group has incinerated a complete of 96.43 million SHIB, distributed throughout two main transactions. The first burn was the aforementioned 96.08 million SHIB, complemented by a smaller but substantial burn of 348,673 SHIB (price $4.95) executed by one other nameless pockets at 17:21 UTC on the identical day.

This concerted effort resulted in a unprecedented spike within the Shiba Inu burn charge, which elevated by 28,145% in comparison with the day gone by’s figures. These burns are integral to the group’s technique to handle the token’s provide dynamically, as they search to boost its shortage and, doubtlessly, its market worth over time.

SHIB Burn Efforts Ramp Up

To additional strengthen these efforts, the Shiba Inu workforce is introducing a number of initiatives geared toward bolstering SHIB token burns. One main development is the introduction of ShibTorch, a portal designed to automate the burning of SHIB tokens by transaction charges generated on the Shibarium blockchain. Because the Shibarium platform features extra traction and utilization, the impression of those automated burns is anticipated to escalate, additional lowering the circulating provide.

Moreover, the ecosystem is about to obtain its second Shibarium-based web3 sport. As reported by Bitcoinist yesterday, “Agent Shiboshi” is now out there by way of the Apple App Retailer and Google Play Retailer for iOS and Android units. Sooner or later, the sport is to be migrated to Shibarium, the place it might doubtlessly assist with the SHIB burns.

At press time, SHIB traded at $0.00001407.

Featured picture created with DALL.E, chart from TradingView.com

Oh, if solely life have been so simple as a fast cease on the gasoline station for a “Get Me Laid Tonight” spell from the Saucy Spells merchandising machine subsequent to the ATM.

Think about if we might simply say “sim sala bim” and poof, our issues are solved. It’d save a fortune in remedy payments, that’s for certain.

If I might use a single spell on something, I’d go for one thing really groundbreaking – like speaking to my canine. Think about the conversations! “Lady, in the event you don’t feed me proper now, I’ma piss on the rug.”

One other spell that could possibly be fairly cool is Good Luck Spell slot, the place you may want up a max win of $299,850.

No Moonlighting Right here

Good Luck Spell slot from Evoplay whisks you away to a Magician’s tower the place elemental magic sparks with all of the attraction of a high-voltage energy line.

Our wizard appears extra like a Hell’s Angel than Gandalf – as a result of apparently, magic now comes with lengthy black hair and a aspect of angle.

The symbols? Oh, simply magical artifacts like Atoms. As a result of, clearly, Grasp Einstein, the Wizard of Zurich, was moonlighting as a spell-caster in his spare time.

No Wilds right here, however we’ve bought a Bonus Image with our magician’s glowing blue eyes, which is precisely what you’d anticipate from a sport that’s as coherent as a dream after a sci-fi binge.

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A Lesson in Magic

Within the base sport of this 95.99% RTP slot, the weather are as unpredictable as a toddler with a sugar excessive. Magical artifacts pay out wherever they land and explode into new profitable combos. Quite a lot of fancy phrases, however principally, this slot has Cascading Reels.

After which there are the Magic Bins, that are like shock items we by no means requested for however may be superior. Every field hides a multiplier, starting from x2 to x500, triggered by a sure variety of profitable symbols.

The extra you accumulate, the larger the payoff on the finish of the spherical – however I’ll want to enter a bit extra element about these, as a result of they’re as straightforward to grasp as a cryptic crossword written in historic runes.

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A Sport of Probability

Alright, let’s decode the Magic Bins. We’ve bought 4 varieties: Purple, Purple, Blue, and Inexperienced. The Purple ones maintain the best values, whereas the Inexperienced ones are extra just like the “it’s higher than nothing” substitutes.

To activate them, you’ve gotta open the Magic Field throughout a profitable spherical. However, shock! You possibly can solely open them if sufficient profitable symbols have exploded first. Examine the Magic Field Counter to see what number of symbols it’s worthwhile to open the containers.

Now, for the Free Spins – the pièce de résistance. Throughout this bonus spherical, you may stand up to 24 further spins by touchdown Bonus Symbols or shopping for your approach in.

In the course of the bonus sport, any partially crammed Magic Bins stick round till they’re both opened or the Free Spins run out. It’s like they’re hanging on for his or her second of glory.

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Casting Spells and Chasing Wins

So, in the event you’re itching to gamble like a wizard who forgot his spellbook and solely has a high-volatility slot machine available, Good Luck Spell slot is asking your title.

With a wild mixture of exploding symbols, Magic Bins hiding multipliers that vary from “meh” to “holy crap,” and as much as 24 Free Spins, this sport’s like a fantasy novel written by somebody who by no means discovered about moderation.

So, seize your wand (or simply your telephone), and see in the event you can flip a little bit of luck right into a spellbinding win of as much as $299,850. Able to make some magic occur?

The Simon’s Cat worth surged 37% within the final 24 hours to commerce at $0.00002661 as of 12:30 a.m. EST on a 12% drop in buying and selling quantity to $122 million.

This surge in worth adopted the token’s launch on the Bitmart crypto change on Aug. 22. Moreover, it went reside on a number of main exchanges, together with KuCoin, Gate, MEXC, BingX, and Pancakeswap.

Merchants may commerce $CATUSDT-M Perpetual contracts on KuCoin Futures with as much as 8x leverage.

Simon’s Cat Worth Breaks Above The Bullish Pennant

The CAT/USD buying and selling pair chart on a 1-hour timeframe reveals a powerful bullish development, supported by a number of key technical indicators. The value not too long ago broke above the 50 Easy Transferring Common (SMA), a sign usually related to the continuation of an uptrend.

The Relative Power Index (RSI) is at present at 75.11, indicating that the asset is overbought. Whereas this displays robust shopping for strain, it additionally raises the potential of a short-term pullback because of the overextended situation.

The Transferring Common Convergence Divergence (MACD) additional helps the bullish outlook, with the MACD line positioned above the sign line whereas each strains are additionally above the impartial degree line, indicating rising optimistic momentum. The histogram bars are additionally rising and turning inexperienced, supporting the general bullish sentiment for the Simon’s Cat worth.

 CATUSD Evaluation Supply: Dextools.io

The meme coin’s worth not too long ago broke out above a short-term consolidation channel, which may result in a powerful transfer to the upside.

CAT’s current worth improve above the higher boundary of the consolidation channel confirms a breakout from the sample, indicating that the earlier uptrend might be set to proceed.

The CAT/USD worth may proceed to rise within the quick time period, doubtlessly coming into a worth discovery section to the upside. Nonetheless, because of the overbought RSI, merchants ought to be cautious of a attainable pullback earlier than the worth resumes its upward trajectory.

Remaining Name To Purchase Playdoge Now Earlier than The Presale Ends

In the meantime, as extra merchants flock to purchase CAT, one other Dogecoin by the title of PlayDoge (PLAY) continues to draw extra traders in its presale, which has simply stormed previous $6.3 million in early funding.

With its trendy tackle a nostalgic gaming traditional and robust enchantment to meme coin fanatics, PlayDoge is well-positioned to rise via the ranks of the crypto world.

This momentum has analysts and crypto influencer ClayBro predicting that the token may ship 10X returns for traders.

PlayDoge (PLAY) seeks to revive the joy of the 90s by introducing a contemporary model of the traditional Tamagotchi sport, aiming to carve out a distinct segment within the quickly rising meme coin market.

In PlayDoge’s sport, gamers can earn crypto rewards within the type of PLAY tokens by caring for his or her digital companions.

Gamers can accumulate PLAY tokens by making certain their pets obtain sufficient love, meals, and relaxation. The sport is designed to be mobile-friendly, permitting gamers to observe their digital pets always and maximize their earnings.

The undertaking additionally presents a 72% APY, which can contribute to its robust early efficiency.

With lower than three hours remaining till the presale ends, traders have restricted time to buy the token at a pre-market fee and benefit from the excessive passive rewards.

To take part, use the purchase widget on the undertaking’s official web site, and if desired, lock up your tokens on the staking web page. PLAY is at present priced at $0.00531 and might be bought utilizing ETH, USDT, BNB, or a financial institution card.

Buy PLAY right here earlier than its presale ends.

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Bitcoin is underneath strain and struggling to peel again losses from early this week. Even with costs stabilizing within the final day, the trail of least resistance is southwards for now. For the pattern to shift, there have to be a convincing shut above the native resistance at round $66,000.

Bitcoin Lively Addresses “Anemic”

Information factors to a worrying drop in on-chain exercise as costs cool off and consolidate inside a bear breakout formation. Taking to X, one analyst observes that over the previous few months, the variety of Bitcoin energetic addresses has been falling. The one time this metric rose was from late 2023 by means of to early 2024.

Coinciding with this enlargement and value knowledge, Bitcoin costs had risen from beneath $30,000 to as excessive as $73,800. Afterward, and referring to on-chain improvement, the variety of energetic addresses has been sloping negatively.

Normally, a slowdown in community exercise, as is the case in the meanwhile, may have large implications on value motion. As historic value motion reveals, the variety of Bitcoin energetic addresses rises in tandem every time costs are uptick. Costs are underneath strain, and transfers from distinctive addresses have been falling, signaling reducing curiosity from the plenty.

Spot Bitcoin ETFs To Blame?

The analyst has picked out a potential clarification for this contraction. Trying on the Bitcoin energetic addresses pattern, it’s straightforward to notice that exercise fell in momentum when the USA Securities and Change Fee (SEC) accredited the primary batch of spot Bitcoin ETFs.

Whereas the product allowed establishments to get publicity to the world’s most precious coin, there was a marked shift in possession dynamics.

In contrast to in earlier cycles, the place costs have been pushed to contemporary highs principally resulting from retail exercise and sentiment, costs have been now within the arms of the “massive boys” who may transfer hundreds of thousands in a single swoop, shifting costs.

Earlier than, it may take many “small” addresses to maneuver costs, explaining why, even when costs have been depressed within the first half of 2023, exercise was comparatively increased than it’s now.

If that is the pattern, it’s seemingly that as BTC shrinks, breaching key help ranges, exercise will additional shrink as establishments and retailers shrink back. The scenario may worsen now that long-term holders have been shifting cash in latest weeks.

One analyst notes that 75,228 BTC aged between three to 6 months have been moved on August 27 alone. Yesterday, on August 28, 1,614 BTC aged between 18 months and two years have been transferred.

Characteristic picture from Canva, chart from TradingView