Popcat Price Pumps 5%, But Investors Are Flocking To This Base Meme Coin Rival With Time Running Out

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.

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

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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