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The Cat In A Dogs World price is up by 7% in the past seven days to trade for $0.004235 as of 01:09 a.m. EST.
In the past 24 hours, however, the price is down almost 2% on trading volume that dipped 3%, CoinGecko data shows. But traders remain optimistic about MEW, anticipating more gains as it defends a critical support on the one-hour timeframe.
.@blknoiz06 shilling $MEW this morning. Love how the chart looks tbh. Grabbed myself some. pic.twitter.com/YtaBzjrGBe
— VikingXBT (@VikingXBT) June 3, 2024
Other traders have identified a potential breakout to the upside as it fills up a triangle pattern.
Even though its a cabal coin, it looks too good not to punt here. I can see it running to a few B's after this long consolidation period resolves.$MEW pic.twitter.com/HTuOxemiRP
— bogwifstacks (@The_Bogfather) June 3, 2024
Cat-themed tokens have a tendency to move in tandem with the Bitcoin price. With this in mind, @decilizer on X (formerly Twitter) says a show of strength in the BTC market could bode well for MEW, BABYDOGE, and LADYS.
Momentum is building for the $LADYS, indicating the upward movement. If Bitcoin continues its positive trend, the price of this memecoin may decrease by one zero. $BABYDOGE and $MEW memecoins are also supporting this positive trend.
The previous rally produced 17x gains. pic.twitter.com/Dn6X7iljkS— Decilizer (@decilizer) June 4, 2024
Cat In A Dogs World Price Prediction
The Cat In A Dogs World price is consolidating within a falling wedge pattern on the one-day timeframe. This hints at a possible breakout to the upside soon, given this technical formation is a bullish reversal pattern.
With the Relative Strength Index (RSI) holding above the mean level of 50, bullish momentum resides in the MEW market. The Moving Average Convergence Divergence (MACD) is also moving above the orange band of the signal line. This indicates that positive momentum is strengthening and there may be upward price movement in the near future. Traders and investors often use this stance as a signal to potentially enter a long position or to confirm an existing bullish trend.
If the bulls have their way, the Cat In A Dogs World price could break out to test the $0.006007 threshold, or higher, tagging the $0.007014 barricade.
GeckoTerminal: MEW/USD 1-day chart
Conversely, if the bears have their way, the ongoing sell-off could continue. The series of lower highs could see the Cat In A Dogs World price extend the fall, slipping below the $0.004000 psychological level. Further south, traders could see another buying opportunity around the $0.003000 threshold.
In a dire case where this buyer congestion level fails to hold, the Cat In A Dogs World price could slip below the lower trendline of the falling wedge. A stable candlestick close below this level would invalidate the bullish thesis.
Meanwhile, experts are calling attention to WAI, a dog-themed meme coin rival whose ICO has blasted past the $4 million mark.
Blockchain researcher and YouTuber The Crypto Mark says this project is a good buy and encourages investors to enter while it is still on the ground floor.
Promising Alternative To Cat In A Dogs World
WAI is the native cryptocurrency for the WienerAI ecosystem, a lovable, hilarious, and undeniably unique creation. It is part dog, part AI, and part sausage.
It has captured the imagination of meme enthusiasts worldwide. The project is also committed to becoming the best and most powerful AI trading companion ever. Nothing will be able to put it on a leash.
Don't keep your dog on a leash.
LET IT FLY 🚀 pic.twitter.com/ofLP1CxPxT
— WienerAI (@WienerDogAI) April 28, 2024
Its AI trading bot enables holders to search the crypto market for hidden investment gems. WienerAI can find you the next trade and then deliver the market analysis to help you profit more often.
UPGRADE your trading strategy.
The WienerAI Trading Bot will be your trusted trading companion, leveraging AI to make savvy and predictive moves in a dynamic market. pic.twitter.com/uYCRAWRd2N
— WienerAI (@WienerDogAI) June 1, 2024
WienerAI operates as an ERC-20 token on the Ethereum blockchain, offering users seamless compatibility with a wide range of decentralized applications and exchanges.
This is getting WILD
SO happy to be on this journey with you all
SO MUCH MORE AHEAD 🌭🤖 pic.twitter.com/kWq22xWfSw
— WienerAI (@WienerDogAI) June 3, 2024
WAI token holders can also stake their holdings for lucrative rewards, with an Annual Percentage Yield (APY) of 254%. Over 4 billion WAI tokens have already been staked.
How staking your $WAI feels.https://t.co/g0LrikQz90 pic.twitter.com/3VneRo9wTq
— WienerAI (@WienerDogAI) May 9, 2024
Buy WienerAI In The Presale
WienerAI has already blasted past $4.2 million in funds raised in its presale. The token is currently selling for $0.000714, but this price will only last for about another 36 hours before a price hike.
Buy Wiener tokens on the official website here.
Also Read:
- How to Buy WienerAI – $WAI Presale Review
- WienerAI Price Prediction – $WAI Price Potential in 2024 and Beyond
- Best AI Crypto Coin Projects: Top Picks for 2023
- New AI Meme Coin Presale WienerAI Unveils Trading Bot AI Companion, Laps Up $700K
Newest Meme Coin ICO - Wall Street Pepe
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- Early Access Presale Round
- Private Trading Alpha For $WEPE Army
- Staking Pool - High Dynamic APY
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