Is it too late to buy POX? Monkey Pox price soars 245%, but traders are rushing to buy this Brett competitor as time runs out

monkeypox price rose 245% in the last 24 hours to trade at $0.07346 as of 7:43 AM ET as investors buy FOMO same angle.

Over the past 24 hours, the price of POX has rebounded from its intraday low at $0.05057 to trade at its current level.

Monkey Pox Price Breaks Multiple Resistance Levels

4-hour chart of POX/USD (Source: TradingView)

Monkey Pox price has broken the $0.03197 and $0.05049 resistance levels over the past 24 hours. POX has now created a new technical barrier at $0.06857 which it will need to overcome to keep its bullish streak going.

Should I? same angle If the coin breaks the $0.06857 barrier, Monkey Pox may resume the price discovery phase towards the upside. However, a rejection from this threshold may invalidate the bullish thesis.

Traders are likely to start taking profits in this alternative scenario. This potential selling pressure could lead POX to test the $0.05049 level.

Technical analysis warns that the price of monkeypox has reached the overbought zone.

Technical indicators on the 4-hour chart of POX suggest that the meme coin’s bullish momentum is showing no signs of slowing down. However, Monkey Pox price is currently finding itself in an overbought zone, which could lead to a correction.

The Moving Average Convergence Divergence (MACD) line is moving away from the MACD signal line. This not only indicates that the POX indicator is in a positive trend, but also indicates that its upward momentum is gaining momentum.

However, traders will want to keep an eye on the Relative Strength Index (RSI) on the 4-hour chart, which is currently hovering around the mid-90s. RSI readings above 60 generally indicate that the cryptocurrency is overbought and is therefore seen as a sell signal as it suggests that the asset’s downside potential is greater than its upside potential.

It is not uncommon for the RSI to remain elevated during cryptocurrency pumps. However, traders looking to enter a long-term position may want to wait for the Monkey Pox price to break above the $0.06857 barrier first.

As traders wait to see what will happen to the price of Monkey Pox next, they are rushing to buy the Base meme coin. DAWGZ Base Before launching DEX.

Multi-chain meme coin seeks to establish itself within the core ecosystem

Base Dawgz (DAWGZ) is looking to overtake Brett to become the leading Base meme coin. What sets it apart from its predecessor is its cross-chain interconnection capabilities.

By implementing Wormhole and Portal Bridge technologies, Base Dawgz enables token holders to easily transfer value between some of the most active and fluid networks in the Web3 space.

In addition to the layer 2 Base Chain, the networks supported by Base Dawgz are Binance Smart Chain, Solana, Ethereum, and Avalanche.

By investing in the token, holders can allocate capital towards yield-generating DeFi opportunities on these chains as soon as they hit the market. Investors don’t even have to swap their tokens first to start earning.

Base Dawgz’s cross-currency capabilities and appeal to meme coin investors have excited crypto analysts and experts.

ClayBro, a popular cryptocurrency video maker, is among the growing list of experts who believe in the meme coin. In a video to his 130,000 subscribers, he said that DAWGZ could generate 100x returns for investors.

Investors get last chance to buy DAWGZ before its launch on Dex

Base Dawgz has raised over $3.3 million through its successful initial coin offering (ICO), while the project team is preparing to list the token on a decentralized exchange (DEX). Initially, the token was scheduled to be listed on the DEX in less than 4 hours, but the meme coin’s listing on the DEX has been postponed to September 5 at 6 PM CET.

It will not be possible to make purchases on the Solana network after the initial ICO deadline has passed.

However, investors will still be able to purchase Base Dawgz on supported compatible EVM chains including Avalanche, Binance Smart Chain, Base, and Ethereum until September 5 at 5pm CET.

🚨Listen carefully, Dogs Family 🪂

DEX is scheduled to launch tomorrow at 6pm CET!

As we prepare, Dogs Buying on Solana will stop when the current time expires, but buying on EVM will remain open until the DEX launches. Once the time expires, the DEX countdown will appear on…

— BaseDawgz (@BaseDawgz) September 4, 2024

Anyone who wants to cash in on the token before it’s too late can do so by acquiring meme coins via the simple purchase tool included on the project’s website.

The token is currently selling for $0.008582, which is its listing price when it was launched on the DEX. Once purchased, investors can also lock their tokens through the staking page to unlock up to 699% of annual passive rewards.

Buy and stake DAWGZ to get up to 699% annual rewards before DEX launch.

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