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The Cat in a Dogs World price surged 35% in the past 24 hours to trade for $0.006023 as of 07:12 a.m. EST.
Trading volume is also up nearly 25%, coming amid a show of strength in the broader market. Like MEW, other animal-themed tokens are also rising, including Pepe (PEPE) and KittenWifHat (KITTENWIF).
MEW features among the top five hot tokens on Bikingex.
Top 5 Hot Tokens on #BiKingex🐅
Hot tokens represent market trends.🔥
They are currently highly regarded assets,💰poised to lead the upcoming leaderboard🥇#BTC #MEW #SOL #PEPE #DASHCheck out the poster below to explore these tokens with tremendous potential👇 pic.twitter.com/C6MQVsZ0cM
— BiKing (@BiKingex) April 17, 2024
Cat In A Dogs World Price Outlook
On the 12-hour timeframe, the Cat in a Dogs World price is trading with a bullish bias, recording higher highs since bottoming out at $0.001811 on April 13. The surge has seen the cat-themed token break into the upper half of the market range above the 50% Fibonacci placeholder of $0.005542.
The position of the Relative Strength Index (RSI) above 50 is a good sign, accentuated by the green histograms of the Moving Average Convergence Divergence (MACD) in positive territory. This is solidified by the MACD above the orange band of the signal line.
The likely play for the Cat in a Dogs World price is a retest of the 50% Fibonacci level before a possible bounce north. The $0.005542 would be a good buying opportunity or entry point before the forecasted leg north.
The ensuing buying pressure could see the Cat in a Dogs price push north toward the $0.008655 roadblock. In a highly bullish case, the gains could see MEW price reclaim the $0.009810 range high. This would constitute a climb of approximately 60% above current levels.
TradingView: MEW/USDT 12-hour chart
Converse Case
On the other hand, if the bears have their way and the Cat in a Dogs World price slips below the 50% Fibonacci placeholder, a decisive candlestick close below $0.005542 support on the 12-hour timeframe would encourage more sell orders. This could see the MEW price descend to provide another buying opportunity around the $0.003572. In a dire case, the altcoin could slide lower to provide another buying opportunity around the $0.002000 psychological level.
Meanwhile, all eyes have shifted to SMOG, which promises ”the biggest airdrop on Solana” while also hinting that an a new centralized exchange (CEX) listing is incoming.
Promising Alternative To The Cat In A Dogs World
Smog is a Solana-based meme coin with a distinct flaming dragon theme. It fought for and earned its space on Solana, gaining significant traction and attention despite fierce competition from its sector peers.
Within a month, the community rapidly adopted the token, leading to a substantial increase in its value. This had analysts saying it could be the king of Solana meme coins.
Smog’s reputational success is ascribed to two key factors: a unique multi-chain strategy and widespread airdrops. The project advertises the mother of all airdrops, and the project’s initial launch on the Solana blockchain was followed by a strategic expansion to the Ethereum network, broadening its reach.
Airdrops, facilitated by the Zealy platform, incentivize users by rewarding them with SMOG tokens for acquiring and holding the token, as well as for engaging in designated social media activities.
The project has allocated 35% of the total token supply of 1.4 billion for the airdrop. The first part of the airdrop ended on April 3 after about $1 million in giveaways.
Smog’s appeal extends beyond airdrops and memes. Investors now have the opportunity to participate in staking, earning up to 42% annually. So far, over 28 million SMOG tokens have been staked.
The best place to buy Smog is on the official website here, where you can get a 10% discount for a limited period.
Also Read:
- Top 5 Cryptocurrencies With Most Potential For 100x Returns
- How To Buy Smog Token – A Complete Guide
- Most Trending Cryptos on Ethereum Chain Today – Mind, Smog, TAO Inu
- $SMOG Meme Coin 10x Growth Potential – How to Buy, Stake for High Rewards, and Price Prediction
- Best Meme Coins to Invest in: Top Picks for Exponential Gains!
Smog (SMOG) - Meme Coin With Rewards
- Airdrop Season One Live Now
- Earn XP To Qualify For A Share Of $1 Million
- Featured On Cointelegraph
- Staking Rewards - 42% APY
- 10% OTC Discount - smogtoken.com
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