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The Ponzio The Cat price surged 3% in the last 24 hours to trade at $1,063 as of 00:41 a.m. EST on trading volume that dropped 34% to $2.7 million.
PONZIO has been in a tear in the last month, soaring 9,580%, as the bulls aim to sustain the rally in the coming days.
Ponzio The Cat Price To Continue Rallying
The Ponzio The Cat price rose through a markup phase from Aug. 10 to Aug. 12, as it encountered some resistance at $1,219, according to data from GeckoTerminal.
PONZIO has consolidated below this resistance, forming a bullish flag pattern, as the bulls aim to keep pushing the price over the upper boundary.
The price of Ponzio The Cat now trades well above both the 50 and 200 Simple Moving Averages (SMAs) on the 1-hour chart, a confirmation of the short-term bullish trend.
However, the Relative Strength Index (RSI) seems to be dropping from the overbought level, currently at 48, as it hurtles towards oversold levels, This indicates that sellers recently gained the upper hand, and warns that the asset could be undervalued soon.
With the token being undervalued, this could be seen as a buying signal by bulls, which could then push the token above the flag pattern, as they target $1,400.
However, if the selling intensifies, PONZIO could retreat to the $992 support zone (50 SMA), which acts as a cushion against downward pressure.
As the PONZIO price bulls push the token’s value up, other meme coin investors are rushing to buy the new Base token, Base Dawgz (DAWGZ), which aims to emulate the success of another Base titan, BRETT.
Base Dawg Presale Garners $2.9 Million, Best Meme Coin To Buy Now?
Base Dawgz brings a unique multi-chain experience that offers seamless interoperability within different blockchains, spanning Ethereum, Solana, Binance Smart Chain, Avalanche and the layer-2 Base network. The project has attracted significant interest from investors, who have already sent over $2.9 million to the crypto’s ongoing presale.
After passing $2.9M raised, we're steadily on our way to 3M 🚀 pic.twitter.com/JbZUMgF8yd
— Base Dawgz (@BaseDawgz) August 13, 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 with unparalleled multi-chain functionality.
Users can also benefit from the project’s unique staking, with the team already setting 20% of the total token supply aside for staking rewards. Anyone who buys and stakes the token at this early stage will gain access to an impressive 876% annual percentage yield (APY) on their investment.
The project will also launch the “Be Social for Airdrop” campaign to reward users with points. Campaign participants can then redeem the points for DAWGZ later. To start accumulating points, just create marketing content related to Base Dawgz and share it on X and other social platforms.
According to ClayBro, a crypto YouTuber with over 130K subscribers, DAWGZ “could create millionaires.”
If you want to participate in the presale, you can buy the token for $0.007784. But hurry, because the price will increase in less than seven days.
You can buy DAWGZ tokens on the official website here using ETH, USDT, BUSD, or USDC.
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