DOGS Price Drops 22% as Traders Shift Focus to This Core Meme Coin as Time Runs Out

Dogs price decreased More than 22% in the last 24 hours to trade at $0.001243 as of 11:35pm ET as traders offload their holdings in same angle In the market.

Over the past day of trading, the cryptocurrency fell from an intraday high of $0.001733 to a 24-hour low of $0.001159. However, it has since recovered to trade at its current level.

DOGS Price Escapes From Downward Channel

1-hour chart of DOGS/USD (Source: Gecko Terminal)

DOGS price has managed to break out of a short-term negative channel in the past few hours. Now, the meme coin finds itself in a consolidation pattern between $0.001087 and $0.001582. This period of sideways trading could be a prelude to a major move.

If the dogs break out towards the upside, Encryption DOGS may try to convert the 0.001582 resistance level into a support level. After that, MEME may have the technical foundation to continue rising in the next few hours. Traders may then push DOGS price to the next major barrier at $0.002090.

DOGS price is still at risk of falling further

On the other hand, a rejection of DOGS price by the $0.001582 resistance level in the coming hours could invalidate the bullish hypothesis. In this alternative scenario, the cryptocurrency could be at risk of testing the immediate support level at $0.001087. A drop below this technical support could put DOGS at risk of falling again within the descending price channel.

As DOGS price attempts to reverse its current downtrend, investors rush to buy the new Base meme coin DAWGZ Base Before the pre-sale period ends.

Meme coin jumping on a chain

Base Dawgz (DAWGZ) is a new base coin that aims to at least replicate the success of its predecessor Brett. What sets DAWGZ apart is the seamless cross-chain transaction experience it offers to token holders.

Although meme coin calls the layer 2 base network its home, the cryptocurrency also has a presence on multiple other networks. The list of supporting blockchains includes some of the most active and flowing networks currently in the Web3 space, namely Avalanche, Solana, Ethereum, and Binance Smart Chain.

High levels of compatibility between DAWGZ are achieved through its integration with Wormhole and Portal Bridge technologies. Thus, investors are able to participate in any DeFi yield-generating opportunities that may appear on supported networks as soon as they appear.

Base Dawgz’s multi-chain presence and unprecedented levels of utility have analysts and experts excited. One individual who is bullish on the project is popular YouTube cryptocurrency creator ClayBro. In a video to his 130,000 subscribers, he said that DAWGZ has what it takes to create the next wave of crypto millionaires.

Time is running out for investors to get DAWGZ at ICO prices

The DAWGZ presale, which has raised over $3 million, is set to end in the next 48 hours. As time goes on, investors will want to rush to buy the token at the presale price of $0.008173 and take advantage of the 777% annualized return on offer to anyone who stakes their tokens at this early stage.

We’ve reached 3 million, DAWGZ!!!

We will be ending the pre-sale soon. More details will be coming soon 🪂 pic.twitter.com/1frFvcX6HV

— BaseDawgz (@BaseDawgz) August 24, 2024

Anyone who wants to claim these rewards can purchase DAWGZ via the simple purchase tool built into their site. Since it is on multiple chains, the meme coin can be purchased using BASE, SOL, ETH, BNB, or AVAX. Once purchased, the tokens must be locked through the site’s staking page to unlock the high annual yield.

Buy and stake DAWGZ for a 777% annual return before the presale ends.

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