Sundog Price Prediction: SUNDOG Surges 12% As The TRON Meme Coin Hype Continues, But Experts Say This New Crypto Might Go Parabolic

The Sundog worth surged 12% within the final 24 hours to commerce at $0.2719 as of three.20 a.m. EST on buying and selling quantity that skyrocketed 78% to $94.3 million.

Nonetheless, its every day surge continues to be solely a small enhance in comparison with its weekly worth increase of 81%, which noticed the TRON-based meme coin go from $0.148 to its present worth. Sundog stays TRON’s hottest meme coin, and its buyback and burn marketing campaign has simply accomplished 6 out of 30 days, burning a complete of 511K TRX ($85K) value of SUNDOG.

The extra the token burns, the less there are in circulation, that means that its provide is smaller and its worth ought to go greater. Other than that, Sundog was additionally not too long ago listed on Bybit Perps, on Worldwide Canine Day no much less, which introduced much more consideration to the mission.

In different phrases, TRON’s meme coin marketing campaign seems to be working, bringing extra consideration, worth, and coin holders to its main meme coin, and the TRON community itself. Because of this, TRX managed to spice up its market cap to only above $14 billion, presently rating because the Ninth-largest cryptocurrency by market cap.

Sundog Value Prediction

Sundog’s worth noticed a pointy surge about 24 hours in the past which took the token’s worth all the best way as much as $0.33, earlier than it corrected to a assist at $0.25. Since then, SUNDOG has seen a slight enhance, which introduced it to $0.27.

In line with sure technical indicators, SUNDOG is presently nonetheless giving off bullish indicators. Its Bollinger Bands have narrowed barely, however the worth continues to be pushing the higher band, which is a bullish sign.

In the meantime, its Relative Energy Index (RSI) worth has been climbing from the oversold zone prior to now 12 hours, reaching the impartial space. Proper now, it’s pushing additional up in direction of the overbought zone, which can seemingly set off one other correction when SUNDOG reaches it.

Nonetheless, merchants needs to be cautious even when buying and selling primarily based on technical indicators, as the present crypto market is buying and selling within the pink as soon as once more. Which means that the TRON-based meme coin may begin seeing a correction even earlier than the RSI reaches the overbought zone.

In different phrases, the token finds itself in an unsure place, which brings elevated danger and a larger probability for losses, particularly for inexperienced merchants.

Promising Various To Sundog

Whereas the Sundog worth has carried out nicely not too long ago, and lots of count on it to finish its climb for a while longer, the broader crypto market is beginning to commerce within the pink. It’s seemingly solely a matter of time earlier than the bearish sentiment reaches Sundog too, slicing its climb quick and inflicting a correction. Luckily, there are various investments that aren’t affected by the bear market, corresponding to Crypto All-Stars (STARS).

It is a comparatively new meme coin mission that has the potential to utterly revolutionize one of the crucial standard actions within the crypto house — staking. The mission was designed to permit customers not solely to stake its native cryptocurrency, the STARS token, but additionally another main meme coin.

That is attainable because of a brand new sort of sensible contract for staking often known as MemeVault. The contract helps the likes of Dogecoin, Pepe, Brett, Floki, Turbo, Milady, and lots of extra, with the potential so as to add others to the listing later down the road. As such, Crypto All-Stars has positioned itself as the middle of meme coin staking, with targets of uniting the meme coin sector and making staking easy, rewarding, and extra obtainable.

Proper now, nevertheless, the mission continues to be within the presale stage. It has raised over $795k in solely two weeks whereas promoting its STARS token for $0.0014078. Buyers proceed to pour capital into the mission’s ICO because it quickly approached the $800k mark. Anybody trying to put money into the meme coin early and pursue main income can purchase the token now earlier than its worth sees its subsequent enhance.

The mission has already attracted the eye of quite a few specialists, together with the crypto YouTuber Jacob Crypto Bury, who believes STARTS has 10X potential.

Buy STARS on its official web site right here.

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