DOGS Price Drops 13% as Experts Say This New Meme Coin Could Be the Best Cryptocurrency to Buy Right Now

DOGS price is down 13% in the last 24 hours Trading at $0.001087 As of 00:28 AM ET, trading volume was up 17% to $512 million.

This comes as the cryptocurrency market has fallen 3% in the last 24 hours to $2.1 trillion in market cap. Similarly, TON tokens have also taken a hit, with ton 5% decrease and no 6% decrease.

Dog Prices Are On A Downward Trend – Could There Be A Recovery?

DOGS price invalidated the rounding bottom pattern formed between August 27 and August 29 to drop from the $0.001539 resistance area, according to data from Gecko Terminal.

DOGS price also declined from within the descending channel pattern and has since crossed below the lower boundary of the channel.

DOGS is now trading below the 50 Simple Moving Average (SMA) on the hourly chart, which indicates that the asset is now in a downtrend.

Moreover, the Relative Strength Index (RSI) is still trading below the oversold 30 zone, currently at 26, but it is showing signs of recovery.

The RSI shows that Dogs DOGS price is currently undervalued, giving buyers a good time to enter the market. If buying resumes at this level, DOGS price could rise above the descending channel, with $0.001435 as the target.

However, if the selling continues, the DOGS price could drop further to the $0.000990 support zone.

Meanwhile, fans of other meme coins are quickly moving their assets into the new project. Crypto Stars (STARS).

According to Jacob Perry, a popular YouTuber in the crypto space, STARS has the potential to rise 10x after its launch.

Crypto All-Stars has raised over $909K, heading towards $1M

The Crypto All-Stars presale is quickly gaining traction in the meme coin community, having raised over $909,000.

This new meme coin introduces the industry’s first unified trading protocol, MemeVault, which allows the highest-value meme coins to be pooled together to earn rewards in STARS.

With the upcoming launch of MemeVault, STARS will also be crucial to maximizing the staking rewards that the best meme coins can bring to investors. This is likely why there has been a buying frenzy around STARS since the Crypto All-Stars presale began over two weeks ago.

Crypto All-Stars plans to integrate with big names like baby, #Dogecoinand #Chibaino .🔗

This cross-pollination could greatly increase the platform’s visibility and adoption!

— web3telepath (@web3telepath) August 15, 2024

MemeVault allows investors to stake popular meme coins including Pepe, Dogecoin, Shiba Inu, Floki, Brett, Mog Coin, Milady, Turbo, Toshi, Coq Inu, and Bonk to earn significant rewards in STARS, the platform’s native token. More sharing options will be added in the coming months.

In addition to placing other meme coins, users can also Deposit STARS tokens directly to unlock them. Impressive Annual Percentage Yield (APY) of up to 1,569%.

You can buy STARS tokens for $0.0014191 each. However, given the price increase that will occur in about two days, you should act quickly to get meme coin at the best possible price.

Buy STARS from its official website here Using BNB, USDT or bank card.

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