Basenji Price Prediction: BENJI Jumps 9% as Meme Base Coins Surge, As This New Brit Contender Eyes $2M in Presale

The price of Basenji has increased by 9% in the last 24 hours To trade at $0.07347 As of 03:33 AM EST, trading volume has increased by 60% to $9 million.

This comes as a basic ecosystem Meme coins go ballistic, 15% rise To reach a market cap of $2.1 billion, according to CoinGecko. Berf (BERF) stock was the biggest winner with a 175% jump.

Basenji price is set to rise above the bullish pennant pattern

Basenji price has been in a consolidation phase since May, trading within a $0.020 range, according to data from GeckoTerminal. However, in June, the bulls won the fight for dominance, with the token rising during the tokenization phase to an all-time high (ATH) of $0.105 on June 10.

Since then, Basenji’s price has been fluctuating within a bullish pennant pattern, with bulls aiming to push the token higher.

Benji price is trading well above its 50-day and 200-day simple moving averages, which is a confirmation of the overall long-term bullish stance.

Moreover, the Relative Strength Index (RSI) is rebounding from the oversold 30 levels as it heads towards the overbought 70 zone, indicating intensified buying pressure and continued investor optimism in the past week.

The Moving Average Convergence Divergence (MACD) also shows that Basenji price is in a strong bullish stance, with the blue MACD line crossing above the orange signal line, a representation of a bullish crossover.

BENJI bulls can take advantage of the bullish crossover to add to their long positions, pushing the token higher. The green bars on the chart also support this sentiment, as they extend gracefully above the neutral line.

Basenji price forecast

According to Basenji price analysis, the bulls are currently in a buying frenzy, with the MACD and RSI opening positions for the bulls to buy more. In this scenario, the bulls can push Basenji price above the bullish pennant pattern where they target $0.14.

Conversely, if the bears exert pressure at this level to break the critical support at $0.05, the bulls may find support at $0.039, coinciding with the 200-day SMA.

While buyers remain optimistic about BENJI, the new pre-sale DAWGZ Base It is also attracting bullish investors because it aims to follow in the footsteps of crypto hero Base meme $BRETT.

It has risen more than 170X from its all-time low, according to Queen Gekko.

Base Dawgz Presale Price Exceeds $1.8 Million – The Next Big Meme Coin on Base?

The cryptocurrency market has a clear preference for dog-themed memes, with DOGE, SHIB, WIF, and FLOKI ranking among the top five.

And now a new player Dawgs baseis rapidly gaining traction after raising more than $1.8 million in pre-sale.

Market looking down?$dawgs He just keeps going up🛩️ pic.twitter.com/CgyFIG7yxQ

– Base Dawgz (@BaseDawgz) June 18, 2024

DAWGZ is primarily based on the underlying blockchain, but provides a multi-chain experience and seamless interoperability across various blockchains, including Ethereum, Solana, Binance Smart Chain, and Avalanche.

The project is also scheduled to launch a staking option at a later date, with the team already allocating 20% ​​of the total token supply for this purpose.

Aside from staking, investors can also earn through the “Be Social for Airdrop” campaign. By interacting on social media, especially on X, users can earn points which they can later exchange for DAWGZ.

According to Jacob Bury, a cryptocurrency analyst and YouTuber, $DAWGX has the potential to rise 100X after its launch.

If you are interested in participating in the pre-sale, you can purchase DAWGZ tokens for $0.00527 each. But don’t wait too long because the price will rise in less than five days.

You can buy DAWGZ tokens on the official website here Using ETH, USDT, BUSD, or USDC.

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