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SUN price is down 12% in the last 24 hours despite rising 180% in the past week Trading at $0.03132 As of 00:53 AM ET, trading volumes were down 33% to $280 million.
The meme coin fever was noticeable within the TRON ecosystem after the launch of sun pumpthe new meme coin publishing platform.
Moreover, last week, SUN was in an uptrend after Binance Futures announced the launch of a SUNUSDT perpetual contract with up to 75X leverage.
#Binance USDβ Margin Futures will be launched Bobcat and The sun Permanent contracts in
ποΈ August 22, 2024, 13:00 and 13:05 (UTC) respectively
Read more β‘οΈ https://t.co/peffrLlfqi pic.twitter.com/sE20R7XNVe
β Binance Futures (@BinanceFutures) August 22, 2024
SUN stock price targets recovery
Despite the bullish trend in the past week, SUN price has been in a bearish trend in the past day, trading inside a descending channel as it fell from the resistance at $0.041.
sun The stock is currently trading above the 200 Simple Moving Average (SMA) on the hourly chart, which is acting as an immediate support level. This also indicates that SUN stock is currently in an uptrend.
If the uptrend continues, SUN may soon break the immediate resistance at 0.03544 at the 50 simple moving average.
Moreover, the downtrend is supported by the Relative Strength Index (RSI) trading below the neutral zone, currently at 39, indicating that SUN is under intense selling pressure.
With the RSI showing that the asset is undervalued, SUN price could soon rally as bulls target resistance at $0.041.
However, if the sell-off continues, SUN stock could drop back to the $0.025 level (200 SMA), which acts as a cushion against downward pressures.
As SUN Price Targets Recovery, Investors Rush to Buy New DOGE Derivative Play Dog Only two days left until its launch on the decentralized exchange.
Pre-sale ends! π¨
PlayDoge Claim and DEX Listings will launch on Thursday the 29th at 10am UTC! π
Import the token address to your wallet now so you can claim it seamlessly.
This is the last chance to buy at the list price. β³π https://t.co/uspqJZur98 pic.twitter.com/0CaCUQ7fzL
β PlayDoge (@PlayDogeGame) August 26, 2024
PlayDoge’s ICO Value Surpasses $6.3 Million – Buy Before DEX Launches and Claims It Will Go Live
Playdog Coin, a play-to-earn (P2E) meme coin, has completed its presale after raising over $6.3 million through the presale. Investors now have about two days to purchase the meme coin before it is listed on a decentralized exchange (DEX) on August 29 at 10pm UTC.
Don’t ignore #Doug Or you will die π»
Feed your dog, earn rewards and level up. No mazes, just fun!#presale It’s launched! π#dog_game #P2E #Memecoin pic.twitter.com/Fp2sFwycpj
β PlayDoge (@PlayDogeGame) May 31, 2024
The project is notable for combining two popular themes: meme coins and gaming, especially 90s games.
The PlayDoge app combines the popular Doge character with the beloved Tamagotchi toy from the 90s, creating a fun virtual gaming experience where players play to earn the game’s original $PLAY token.
Thanks to the P2E mechanics used by the project, players will be able to earn rewards by taking care of their pets and taking them on adventurous journeys.
In addition to P2E rewards, token holders can earn passively through: Betting on $PLAY To get 71% annual bonuses.
According to analysts from cryptocurrency channel 99Bitcoins, the price of $PLAY could rise 100x after launch.
You can buy $PLAY tokens for $0.00532 each. With the token launch date now approaching, donβt wait too long.
buying $PLAY from the official website here Using BNB, USDT or bank card.
Related news
PlayDoge (PLAY) – The Latest Launch on the BNB Chain
- 2D virtual pet
- Play to earn Meme Coin Fusion
- Betting Bonuses and In-Game Tokens
- SolidProof Audited – playdoge.io
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