Sundog Price Prediction: SUNDOG Price Up 12% as TRON Meme Hype Continues, But Experts Say New Cryptocoin Could Make Massive Gains

Sundog price is up 12% in the last 24 hours of trading at $0.2719 As of 3:20 a.m. ET, trading volume was up 78% to $94.3 million.

However, its daily rise still represents a small increase compared to its 81% weekly price surge, which saw the TRON-based meme coin rise from $0.148 to its current price. tradition SUNDOG remains the most popular coin on TRON, and the buyback and burn campaign has just completed 6 days out of 30, burning a total of 511k TRX ($85k) worth of SUNDOG.

The more tokens are burned, the fewer coins will be in circulation, which means that the supply will be lower and the price is expected to rise. Apart from that, Sundog was recently listed on Bybit Perps, on World Dog Day, which brought more attention to the project.

In other words, the TRON meme coin campaign appears to be working, bringing more attention, value, and coin holders to its core meme coin, You see The network itself. As a result, TRX has managed to boost its market cap to just over $14 billion, and it currently ranks ninth among the largest cryptocurrencies by market cap.

Sundog Price Prediction

Sundog price saw a sharp spike about 24 hours ago, taking the token to $0.33 before correcting to support at $0.25. Since then, SUNDOG has seen a slight increase, taking it to $0.27.

According to some technical indicators, SUNDOG stock is still giving bullish signals at the moment. Its Bollinger Bands have narrowed slightly, but the price is still pushing the upper band, which is a bullish signal.

Meanwhile, the Relative Strength Index (RSI) has risen from the oversold zone over the past 12 hours and reached the neutral zone. Currently, it continues to push towards the overbought zone, which is likely to lead to another correction when SUNDOG stock reaches it.

However, traders should be cautious even when trading based on technical indicators, as the current cryptocurrency market is trading in the red again. This means that the TRON-based meme coin may start seeing a correction even before the RSI reaches the overbought zone.

In other words, the token finds itself in an uncertain position, which increases the risks and the chance of losses, especially for inexperienced traders.

Promising alternative to Sundog

While Sundog’s price has been doing well recently, and many expect it to continue its upward trend for some time, the broader crypto market has started trading in the red. It will likely only be a matter of time before the bearish sentiment hits Sundog as well, cutting short its rally and causing a correction. Fortunately, there are alternative investments that are not affected by the bear market, such as Crypto Stars (STARS).

This is a relatively new meme coin project that has the potential to completely revolutionize one of the most popular activities in crypto – staking. The project is designed to allow users to not only stake the native cryptocurrency, STARS token, but any other major meme coin as well.

This is made possible by a new type of smart contract for deposit known as MemeVault. The contract supports coins such as Dogecoin, Pepe, Brett, Floki, Turbo, Milady, and many more, with more coins likely to be added to the list later. As such, Crypto All-Stars has positioned itself as a meme coin deposit hub, aiming to unify the meme coin sector and make depositing simple, rewarding, and more accessible.

But for now, the project is still in the pre-sale phase. It has raised over $795,000 in just two weeks while selling its STARS token for $0.0014078. Investors continue to pour capital into the project’s ICO as it rapidly approaches the $800,000 mark. Anyone looking to invest in the meme coin early and make big profits should buy the token now before its price sees another spike.

The project has already caught the attention of several experts, including crypto YouTuber Jacob Crypto Bury, who believes that STARTS has 10X potential.

Buy STARS on its official website here.

Related articles:

PlayDoge (PLAY) – Latest ICO on BNB Chain

• 2D virtual pet
• Play to earn Meme Coin Fusion
• Betting Bonuses and In-Game Tokens
• SolidProof Audited – playdoge.io