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The CatDog price soared 20% in the last 24 hours to trade at $0.0005219 as of 5.15 a.m. EST on trading volume that reached $4.28 million.
The project’s price started to grow soon after the announcement that its native token, CATDOG, got paired against Tether’s USDT on AscendEX on July 31, starting at 12 UTC.
$CATDOG/USDT trading on AscendEX starts today at 12:00 (UTC)
Pair: https://t.co/pYooY3KzRW https://t.co/KsKsNKHVPs
— CATDOG 🐱🐶 (@catdog_meme) July 31, 2024
Before that, the young project announced that it had submitted the request to verify token supply through CoinGecko. The project also already donated over $100k to several charities in late July, and it is working on getting listed on CoinMarketCap.
Vote for $CATDOG to get listed on @CoinMarketCap:
1. Visit https://t.co/lSxLQeTG4E
2. Log in or sign up on CMC
3. Smash that 👍 button pic.twitter.com/tpfe5H9jpz
— CATDOG 🐱🐶 (@catdog_meme) July 29, 2024
In other words, the project has been working on expanding its reach, becoming more available, but it also donated money to noble causes, indicating its a legitimate meme coin that seeks to help and grow. Its engagement attracted others, and the project’s price surged, especially with the new AscendEX listing behind it.
However, many are now asking whether is it too late to invest in the token now.
CatDog Price Prediction
CatDog has seen a strong price increase in the last 24 hours, even going up 25% in a day before seeing a minor correction that currently puts it 20% higher than yesterday. However, with the crypto market being extremely volatile right now, it is difficult to say with certainty what will happen next.
The market has been dictating the overall trend, and right now, the bulls and the bears are switching places quite often. In the past few weeks, the weekend would usually bring a strong price surge, followed by a correction throughout the rest of the week. If this pattern holds, then right now might be the best time to buy CATDOG.
The project’s own technical indicators suggest that buying right now could be beneficial. Its Bollinger bands, for example, remain quite wide, even though they did narrow down slightly in the last few hours.
Then, there is the project’s Relative Strength Index (RSI), which has been fluctuating between the neutral zone at 50 and the overbought area at 70. Right now, it is once again starting to grow, going from the neutral area to the overbought zone, suggesting that traders are starting to buy again after taking previously taking profit.
But, considering that a rally might be coming over the weekend, this new price surge could potentially grow into something bigger and take CATDOG higher than before. As mentioned, the constant changes in the crypto industry make it impossible to make a completely accurate prediction, but one thing to keep in mind is that you should keep an eye on the token’s performance over the last few days, and be ready to make your move when the conditions are right.
Promising Alternative To CatDog
While CatDog’s price shows that there is promise for future growth, investors and traders troubled by the current meme coin slump might want to consider an alternative that is sheltered from volatility.
This is where meme coins currently still in presale come into play, and one getting a lot of attention right now is Shiba Shootout (SHIBASHOOT).
Shiba Shootout is a meme coin project inspired by Shiba Inu, but it puts the popular dog meme into a Wild West setting. The project doubles as a GameFi project that uses the P2E model, meaning that it has its own game that will reward players as they win cowboy duels.
A basic version of the game is already out and available on both Google Play and the Apple App Store, but it is still waiting on the update that will reward players with SHIBASHOOT tokens for winning battles with other gunslingers. This Web3 update is likely to arrive around the time when SHIBASHOOT ICO ends, and the token enters circulation.
1 day left before the next price increase!
1 $SHIBASHOOT = $0.0197
🤠 Join Shiba ShootOut Token! Stake, win, and have Wild West fun! 🌵💰
Don't miss out. Buy $SHIBASHOOT https://t.co/OmlNvMLbUw pic.twitter.com/AswaQJBiVk
— shibashootout (@shibashootout) August 2, 2024
Influential crypto YouTuber Jacob Crypto Bury speculated recently that the token could be the next 10x crypto, and maybe the next Shiba Inu.
If you would like to join investors who have pumped more than $863k into SHIBASHOOT, you can buy the token now for $0.0197. A price hike is coming in less than 21 hours, so buy before then to get the lowest rate.
Buy SHIBASHOOT on the official website here with ETH, USDT, BNB, or credit/debit card.
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