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The Baby Doge Coin price pumped over 4% in the last 24 hours to trade at $0.000000001076 as of 6:05 a.m. EST.
This increase in the BABYDOGE price comes after the project started a petition to be listed on the leading crypto exchange, Binance.
So far, the petition has received 19,794 signatures with 979 people adding their signatures today.
The Baby Doge Coin Price About To Flip A Major Resistance
4-hour chart for BABYDOGE (Source: GeckoTerminal)
The Baby Doge Coin price is trying to establish a position above the major resistance level at $0.000000001055.
Should it close a 4-hour candle above this barrier within the next 12 hours, the meme coin could keep climbing to potentially rise to the next mark at $0.000000001124.
In an extremely bullish case, BABYDOGE could soar to as high as $0.000000001202.
However, the Baby Doge Coin price failing to close a 4-hour candle above $0.000000001055 within the next 12 hours might invalidate the bullish thesis.
Traders could end up dumping their holdings in the meme coin in this alternative scenario. BABYDOGE might subsequently drop to the immediate support level at $0.000000000983.
Technicals Point To A Continued Increase For The Baby Doge Coin Price
From a technical perspective, the Bollinger Bands (BBANDS) and the Moving Average Convergence Divergence (MACD) indicators on the 4-hour chart suggest the Baby Doge Coin price might keep climbing in the coming 24 hours.
Just before BABYDOGE broke the $0.000000001055 resistance, the MACD line crossed above the MACD Signal line.
Traders normally see this technical event as a sign that a crypto has entered a short-term positive trend. This intersection between the MACD and MACD Signal line was followed by a move to the upside.
Over the past few hours, the MACD line has been breaking away above the MACD Signal line. This could indicate that BABYDOGE’s positive momentum is growing stronger, which could lead to a continued rise in the Baby Doge Coin price.
The BBANDS on the 4-hour chart are also starting to expand, suggesting trading activity around the meme coin is starting to pick up.
Buyers might subsequently push the Baby Doge Coin price higher through the course of the coming 24 hours since the altcoin recently breached a major resistance level.
While investors wait to see if Binance will respond to the BABYDOGE listing petition, traders are FOMO buying another Doge-themed token by the name of PlayDoge (PLAY) with just a few days left before its presale ends.
A Gaming Classic Making Its Way To The Vibrant Meme Coin Space
Back in the 90s, the Tamagotchi game sold tens of millions of units worldwide. The game’s digital pets were a hit, despite relatively simple gameplay.
Looking to revive the hype around this gaming classic is PlayDoge (PLAY), which aims to establish itself in the burgeoning meme coin space by introducing a modern version of the Tamagotchi game.
In PlayDoge’s game, players will be able to earn crypto rewards paid in PLAY for taking care of their virtual companions.
By ensuring their pets get enough love, food and sleep, players will build up their PLAY balance.
What’s more, the game will also be mobile-friendly. Therefore, players can keep a constant eye on their digital pets to maximize their earnings.
PlayDoge’s modern twist on a 90s gaming classic combined with its appeal to meme coin investors positions the project perfectly to climb the crypto ranks.
Analysts are bullish on PLAY, too. This includes popular crypto influencer ClayBro, who thinks the token has the potential to generate 10X returns for investors.
Investors Bet Big On PLAY’s Future
More than $6.1 million has been sent to PLAY’s ongoing ICO so far, signaling strong investor confidence in the project’s future.
There is also a 74% APY on offer that could be one of the reasons the project is doing so well at this early stage.
With less than 3 days until the presale ends, time is running out for investors to acquire the token at a pre-market rate and to get in on the high passive rewards.
🚨 Important Announcement 🚨
PlayDoge’s highly anticipated #Presale ends on Monday, August 26th at 10am UTC! ⏳
Buy $PLAY in final stages now! 💰
👉 https://t.co/JT0VEofqf2 pic.twitter.com/aWQCHxox0H— PlayDoge (@PlayDogeGame) August 16, 2024
So act now to buy the token through the simple buy widget embedded on the project’s website and then lock up the tokens using the staking page if you wish.
PLAY is currently selling for $0.00531, and can be bought using either ETH, USDT, BNB, or bank card.
Purchase PLAY here before its presale ends.
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PlayDoge (PLAY) - Newest Launch On BNB Chain
- 2D Virtual Doge Pet
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- SolidProof Audited - playdoge.io
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