Blockchain

DOG·GO·TO·THE·MOON Price Prediction DOG is on the rise with a 26% surge, and this DOGE derivative meme coin ICO is exploding.

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DOG·GO·TO·THE·MOON price soared As investors rushed to buy the meme coin, it was up more than 26% in the last 24 hours, trading at $0.009579 as of 7:35 a.m. ET.

DOG·GO·TO·THE·MOON priceDOG·GO·TO·THE·MOON price

Best performing cryptocurrency (Source: CoinMarketCap)

The price increase of DOG over the past 24 hours was the largest among the top 100 cryptocurrencies by market capitalization. Kaspa (KAS) was the next best performing altcoin after rising over 15%.

DOG·GO·TO·THE·MOON price is attempting to break resistance

BITMART:DOGUSDT chart image courtesy of StevenWalgenbach.BITMART:DOGUSDT chart image courtesy of StevenWalgenbach.

DOG/USDT 4-hour chart (Source: TradingView)

that much DOG•GO•TO•THE•MOON Price printed a series of higher highs and higher lows on the 4-hour chart, forming a positive trendline. DOG is now attempting to overcome the resistance level of $0.009745.

Exceeding this threshold could give the cryptocurrency the foundation it needs to continue rising over the next few days. DOG•GO•TO•THE•MOON price may then attempt to hit new all-time highs.

On the other hand, a rejection of the $0.009745 barrier in the next 12 hours could invalidate the bullish argument. In this alternative scenario, DOG could test the immediate support level at $0.008330.

This will be a key price point to watch as it also coincides with the positive trend line shown on the DOG chart. Therefore, if DOG·GO·TO·THE·MOON price loses the $0.008330 support line, same corner In the near term, there is a risk of a sharp plunge to the next major point at $0.006505.

DOG•GO•TO•THE•MOON Price Supported by Bullish Indicators

Technical indicators on DOG’s 4-hour chart suggest that DOG•GO•TO•THE•MOON price may have the bullish support it needs to continue rising over the next 24 hours. Both the relative strength index (RSI) and moving average convergence divergence (MACD) indicators are showing bullish signals.

Bulls have recently outperformed bears over the last 24 hours. During this period, we can see that the RSI line has broken through the simple moving average (SMA) line. Traders generally see this as a sign that the cryptocurrency is gaining strength. The RSI line also has a positive slope, which can indicate bulls are gaining ground.

Meanwhile, the MACD line has also crossed above the MACD signal line over the past 24 hours. This could mean that DOG•GO•TO•THE•MOON has entered a positive trend and the price may rise over the next 24 hours.

With DOG showing strong bullish signals, investors may start allocating capital to other dog-themed altcoins such as: playdoji (PLAY) Get extra benefits.

The revival of popular legacy games

PlayDoge is one of the latest dog-themed cryptocurrencies to enter the meme coin space. Although the cryptocurrency’s mascot has some ties to Dogecoin, PlayDoge has much more growth potential than the original meme coin.

playdoji

PlayDoge aims to modernize the once popular Tamagotchi companion game. Although Tamagotchi devices gained viral success in the ’90s, player experience was somewhat limited. After some time, the virtual companion died, forcing the player to start over with a new pet.

Through a combination of blockchain and smartphone technology, PlayDoge seeks to modernize once-popular games while addressing their initial shortcomings.

Additionally, the inclusion of blockchain technology enables gameplay designed around a reward incentive economy. PLAY tokens serve as a value transfer and transaction layer within the game, where feeding, training, and other nurturing activities are rewarded.

Therefore, the more players interact with their pets, the more rewards they will receive.

Investors are betting big on PLAY

The PLAY ICO grew explosively as investors invested $1.7 million into the project in just one week.

In addition to potential speculative opportunities, there are also lucrative staking opportunities available to anyone who purchases PlayDoge at this early stage. Pre-sale investors can lock up their tokens at 175% APY.

Analysts are also optimistic about the new meme coin. Cryptocurrency YouTuber Jacob Bury recently analyzed the cryptocurrency’s potential to generate significant returns for investors and says it has the potential to generate 10x profits after launch.

Anyone who would like to participate in this opportunity can do so through a simple purchase widget included on the project’s official website. Selling for $0.00502, PLAY can be purchased using BNB, ETH, USDT or bank cards. However, investors will need to hurry as the token price is expected to rise within 44 hours.

Buy and stake PLAY here to receive up to 175% in annual rewards.

Related articles:

PlayDoge (PLAY) – Latest launch on BNB chain

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  • 2D Virtual Doji Pet
  • Play to earn Meme Coin Fusion
  • Staking and in-game token rewards
  • SolidProof Thanks – playdoge.io

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