UXLINK price drops 7% as investors rush to buy this core meme coin ahead of its DEX launch today

UXLINK price has decreased by 7% in the last 24 hours. Trading at $0.1914 As of 00:35 AM ET, though, trading volume was up 91% to $34 million.

UXLINK Price is currently bearish: Can the bulls regain control?

On September 3, UXLINK price entered an uptrend, but bears quickly took advantage of a rounding top pattern, which led to a turn to the downtrend, as reported in Gecko Terminal.

Currently, UXLINK price has declined below its 50-day simple moving average (SMA) while it is still trading above its 200-day simple moving average, indicating some ongoing upward pressure.

In addition, the Relative Strength Index (RSI) has dropped to 38 and continues to decline, indicating increasing selling pressure.

The Moving Average Convergence Divergence (MACD) indicator is moving towards the neutral line, reflecting positive momentum.

However, the orange signal line remains above the blue MACD line, indicating a potential continuation of the downtrend.

If the sell-off continues and the bears keep the pressure, UXLINK price could drop further to the next support level, $0.1800, in the coming hours.

Meanwhile, investors are rushing to buy a new meme coin on the ecosystem called DAWGZ Basewith only a few hours until the DEX launch.

According to Jacob Perry, a cryptocurrency analyst and YouTuber with over 42,000 subscribers, $DAWGZ has the potential to surge 100x after its launch.

Base Dawgz Offers Last Chance to Buy Before DEX Launch

This is your last chance to be part of a potential 100x investment. Base Dawgz, a Shiba Inu-themed coin on the Base Chain, is set to launch on a decentralized exchange (DEX) today at 6pm CET.

With over $3.3 million in support already, the upcoming DEX listing offers investors one last chance to purchase $DAWGZ at the initial listing price.

🚀 Launch of the Dogz base

summary:
We call both the Base and Solana chains, each with its own token contract and liquidity pool.
Here are the full details:

🔹 Launch details:
• Two token contracts: Main Chain and Solana Chain
• Independent liquidity pools for each chain

🔹…

— BaseDawgz (@BaseDawgz) September 4, 2024

With its potential to become the Shiba Inu ($SHIB) of the Base chain and its compelling narrative, $DAWGZ looks well positioned to challenge Brett as the top Base meme coin.

GM frens 😢 pic.twitter.com/sIC5uKqdRS

— BaseDawgz (@BaseDawgz) August 5, 2024

While its primary home is Base, Base Dawgz brings a unique cross-chain experience that provides seamless interoperability within different blockchains, which include Ethereum, Solana, Binance Smart Chain, and AVAX.

Token holders can earn money passively through the platform’s staking system, which offers users an impressive 938% annual return.

You can buy DAWGZ tokens on the official website here For $0.008582 using ETH, USDT, BUSD or USDC.

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