MUNCAT Price Soars 57%, But Investors Are Rushing To Buy This Base Meme Coin Rival Before It’s Too Late

The MUNCAT value went ballistic and surged over 57% within the final 24 hours to commerce at $0.03583 as of 6:06 a.m. EST as buyers purchase the meme coin at a speedy tempo.

Through the previous buying and selling session, the altcoin managed to document an intraday excessive of $0.04049. Some merchants have since began to appreciate their income. This has resulted in a drop within the meme coin’s value prior to now couple hours to its present degree.

The MUNCAT Worth May Plunge As A Bearish Sample Emerges

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

The MUNCAT value is making an attempt to beat the resistance degree at $0.03797, however may very well be liable to falling quickly as a bearish rising wedge emerges on the meme coin’s 4-hour chart. Ought to the sample be validated, MUNCAT would possibly pull again to the quick help degree at $0.02965. Continued promote strain ought to it fall up to now might then see the crypto drop to $0.01958.

MUNCAT breaking above the $0.03797 technical barrier throughout the subsequent 12 hours might invalidate the bearish thesis. On this various state of affairs, merchants would possibly determine the meme coin as lengthy alternative. This potential purchase strain might result in the MUNCAT value rising to as excessive as $0.04673 within the quick time period.

MUNCAT Worth Dropping Its Technical Power

From a technical perspective, indicators on the 4-hour chart recommend the MUNCAT value is shedding its bullish power that ignited within the current rally. Each the Shifting Common Convergence Divergence (MACD) and the Relative Power Index (RSI) indicators are exhibiting indicators of diminishing strain from consumers.

RSI readings have dropped constantly within the final couple of hours. Though the RSI continues to be valued bullishly above the 50 threshold, the damaging slope of the indicator warns that sellers might quickly take management of the MUNCAT value to probably push it down.

In the meantime, the MACD line has began to fall in direction of the MACD Sign line on the 4-hour chart. This may very well be seen as an early indication of MUNCAT’s optimistic development coming to an finish. An intersection between the MACD and MACD Sign line within the coming 24 hours would possibly recommend a bearish reversal of the meme coin’s bullish development.

Whereas the MUNCAT value makes an attempt to flip the $0.03797 resistance degree into help, buyers are dashing to purchase Base Dawgz (DAWGZ) at presale costs earlier than its upcoming DEX launch.

Leaping Between Base And Different Main Blockchain Networks

Base Dawgz (DAWGZ) is in contrast to every other meme coin that got here earlier than it. Seeking to repeat the success of its Base predecessor Brett, DAWGZ provides buyers and token holders a seamless cross-chain transactional expertise. 

Powered by Wormhole and Portal Bridge expertise, Base Dawgz connects among the most liquid and lively networks within the Web3 area to the layer-2 Base blockchain. The listing of supported networks embrace Avalanche, Solana, Ethereum, and the Binance Good Chain. 

Buyers are actually in a position to allocate capital in direction of DeFi yield-generating alternatives on these chains with ease. Base Dawgz’s cross-chain capabilities have excited specialists and analysts, together with in style YouTuber ClayBro.In a current video, he stated that DAWGZ is among the greatest meme cash to build up now whereas it’s in its ongoing ICO part.

Buyers Rush To Get In On DAWGZ’s 736% APY Earlier than It’s Too Late

Base Dawgz has raised over $3.1 million via its presale up to now, signaling sturdy investor confidence within the venture’s future. A potential purpose behind this investor frenzy that has erupted across the meme coin may very well be the 736% APY being provided to anybody who buys and stakes DAWGZ at this early stage.

The $DAWGZ presale has ended!

You’re nonetheless in a position to purchase the token at itemizing value should you so want. Please keep tuned for more information.

DEX launch date: 4 September 2024, 5pm CET 🪂 pic.twitter.com/B9gFx6Yju6

— Base Dawgz (@BaseDawgz) August 28, 2024

With the meme coin’s DEX debut taking place within the subsequent 5 days, time is operating out for buyers to purchase the meme coin at presale costs and unlock the excessive staking rewards. Anybody trying to purchase the token and acquire entry to the passive rewards earlier than the token hits the open market can purchase the token via the purchase widget embedded on Base Dawgz’s web site.

Promoting for $0.008582, DAWGZ could be purchased utilizing both BASE, ETH, SOL, AVAX or BNB given the venture’s multi-chain presence. As soon as bought, the tokens could be locked up through the staking web page to unlock the 736% APY.

Buy and stake DAWGZ for the 736% APY right here earlier than its DEX debut.

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