DOGS Price Plummets 22% As Traders Shift Focus To This Base Meme Coin With Time Running Out

The DOGS worth plummeted greater than 22% within the final 24 hours to commerce at $0.001243 as of 11:35 p.m. EST as merchants dump their holdings within the meme coin in the marketplace.

All through the previous day of buying and selling, the crypto dropped from an intraday excessive of $0.001733 to a 24-hour low of $0.001159. It has, nevertheless, since recovered to commerce at its present degree.

The DOGS Value Escapes A Bearish Channel

1-hour chart for DOGS/USD (Supply: GeckoTerminal)

The DOGS worth was in a position to escape a short-term adverse channel within the final couple of hours. Now, the meme coin finds itself in a consolidation sample between $0.001087 and $0.001582. This era of sideways buying and selling could be the precursor to a giant transfer.

Ought to DOGS escape in the direction of the upside, the crypto might try and flip the $0.001582 resistance into assist. Thereafter, the meme coin might need the technical basis wanted to maintain rising in the following couple of hours. Merchants might subsequently push the DOGS worth to the following main barrier at $0.002090.

The DOGS Value Nonetheless At Danger Of Falling Additional

Then again, the DOGS worth getting rejected by the $0.001582 resistance within the coming few hours would possibly invalidate the bullish thesis. On this different situation, the crypto could be vulnerable to testing the rapid assist degree at $0.001087. A drop beneath this technical crutch might then put DOGS vulnerable to plunging again throughout the descending worth channel.

Whereas the DOGS worth makes an attempt to reverse its present bearish pattern, buyers are dashing to purchase the brand new Base meme coin Base Dawgz (DAWGZ) earlier than its presale ends.

A Chain-Hopping Base Meme Coin

Base Dawgz (DAWGZ) is a brand new base meme coin that goals to, on the very least, repeat the success of its predecessor Brett. What units DAWGZ aside is the seamless cross-chain transaction expertise that it grants its token holders.

Though the meme coin calls the layer-2 Base community its house, the crypto additionally has a presence on a number of different networks. The checklist of assist blockchains contains a few of the most lively and liquid networks at the moment within the Web3 area, specifically Avalanche, Solana, Ethereum and the Binance Good Chain.

DAWGZ’s excessive ranges of interoperability are achieved by way of its integration with Wormhole and Portal Bridge expertise. Buyers are subsequently in a position to take part in any DeFi yield-generating alternatives that will current themselves on the supported networks as quickly as they emerge.

Base Dawgz’s multi-chain presence and its unprecedented ranges of utility have excited analysts and specialists. One particular person that’s bullish on the venture is common crypto YouTuber ClayBro. In a video to his 130,000 subscribers, he stated that DAWGZ has what it takes to create the following wave of crypto millionaires.

Time Is Operating Out For Buyers To Get DAWGZ At ICO Costs

DAWGZ’s presale, which has raised over $3 million, is about to finish throughout the subsequent 48 hours. With time ticking away, buyers will wish to hurry to amass the token at its presale worth of $0.008173 and get in on the 777% APY on provide to anybody who stakes their tokens at this early stage.

We reached 3 million, DAWGZ!!!

And we’re going to finish the presale quickly. Extra particulars to observe quickly 🪂 pic.twitter.com/1frFvcX6HV

— Base Dawgz (@BaseDawgz) August 24, 2024

Anybody that desires to achieve entry to those rewards can buy DAWGZ by way of the easy purchase widget embedded on its web site. Given its multi-chain presence, the meme coin will be purchased utilizing both BASE, SOL, ETH, BNB or AVAX. As soon as bought, the tokens have to be locked up by way of the staking web page on the web site to unlock the excessive APY.

Buy and stake DAWGZ for the 777% APY earlier than its presale ends.

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