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The DOG•GO•TO•THE•MOON price soared 238% in the past month despite a 2% tumble in the last 24 hours to trade at $0.009076 as of 03:48 a.m. EST.
That made it the top gainer among the biggest 100 cryptos by market capitalization over the past month, according to Cryptobubbles.net.
After its launch in late April, DOG has been trading within the $0.0033 range in a consolidation phase.
DOG•GO•TO•THE•MOON Price Bulls Set To Sustain The Bullish Rally Over The Rising Channel
However, since late May, the DOG•GO•TO•THE•MOON price has been on a tear, trading within a rising channel pattern, as DOG hit its all-time high on June 4 at $0.009765.
Despite the slight pullback to $0.009076, the price of DOG•GO•TO•THE•MOON still shows signs of bullish upside potential as it still trades within the rising channel pattern.
DOG trades above both the 50-day and 200-day Simple Moving Averages (SMAs), a confirmation of the sustained bullish momentum.
Moreover, the Relative Strength Index (RSI) is in equilibrium as it trades within the 50-midline level, currently at 52, a sign of a looming breakout.
The Average Directional Index (ADX), after DOG hit its ATH yesterday, shows that the token is on a strong bullish trend, with the ADX trading above level 25, currently at 26 as it heads up.
DOG•GO•TO•THE•MOON Price Prediction
The DOG•GO•TO•THE•MOON price technical analysis indicates a possible continuation of the bullish momentum, with the DOG bulls set to rally the price above the upper boundary of the rising channel pattern.
In the event of a continued buzz from the buyers, DOG could soar above the upper boundary of the rising channel, with the bulls targeting a new ATH at $0.015.
However, if the bears continue exerting pressure at this level, the DOG•GO•TO•THE•MOON price could breach the lower boundary of the rising channel, with the bulls retreating to the $0.0068 support level, coinciding with the 200-day SMA.
As DOG price bulls gear up for a rally over the rising channel, some investors are also buying $DAWGZ, a Base meme token that’s just launched its presale. Base Dawgz aims to capitalize on the success of Base meme coins and emulate its meme coin titan, $Brett, which has soared 462% from its all-time low.
Base Dawg Presale Garners $242K In Its First Day
While its primary home is Base, Base Dawgz (DAWGZ) is bringing a unique multi-chain experience that offers seamless interoperability within different blockchains, spanning Ethereum, Solana, Binance Smart Chain, and AVAX.
In what world is a memecoins destination the ground and not the moon?
This is true madness…$DAWGZ pic.twitter.com/vDKD2mEDLo
— Base Dawgz (@BaseDawgz) June 4, 2024
To ensure that users can easily soar through the decentralized world without limits, Base Dawgz leverages the latest technology in Web3, including Wormhole and Portal Bridge. Therefore, users can transact seamlessly across multiple blockchain ecosystems and have unparalleled multi-chain functionality.
GM to the real thrill seekers🌤️🪂
Who's rolling with the big $DAWGZ today? pic.twitter.com/NDw709ofNl
— Base Dawgz (@BaseDawgz) June 5, 2024
Users can benefit from staking rewards at a later date, with the team already setting aside 20% of the total token supply for staking.
The project is also set to launch the “Be Social for Airdrop” campaign to reward users with points that can later be redeemed for $DAWGZ. All you have to do is engage with social media networks on X.
According to ClayBro, a crypto analyst on YouTube with over 129K subscribers, $DAWGZ “could create millionaires.”
If you are interested in participating in the presale, you can buy DAWGZ tokens for $0.00479 each. But don’t wait too long because the price will increase in less than six days.
You can buy DAWGZ tokens on the official website here using ETH, USDT, BUSD, or USDC.
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