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The DOG•GO•TO•THE•MOON price surged 22% in the last 24 hours to trade at $0.00441 as of 7:30 a.m. EST on a 306% surge in trading volume to $35.7 million.
DOG has also surged by 105% in the past week to become the ninth biggest meme coin with a market capitalization of $434 million.
DOG•GO•TO•THE•MOON Price Continues The Rally Within A Rising Channel
After a prolonged consolidation phase, the DOG price has found anchor support on the $0.002169 support zone, helping the bulls propel the price to the $0.004527 resistance level within a rising channel.
DOGUSDT Analysis. Source: Tradingview.com
Despite a recent dip caused by the bears, the bulls have shown resilience, bouncing back within the rising channel and driving the price above $0.004527, suggesting the bullish trend is continuing.
The daily technical indicators for DOG also look positive. The price is currently trading above both the 50 and 200 simple moving averages (SMAs), which supports the upward trend and reinforces the overall bullish sentiment in the market.
The MACD line is above the signal line, and a green histogram shows increasing investor interest. Additionally, the Relative Strength Index (RSI) has bounced back from the midline level of 50, indicating strong buying pressure for DOG.
If the upward trend continues, DOG price bulls could drive the price past $0.004527. This sustained increase in its price suggests it might hit a $0.5 new high soon, marking a significant recovery in its market value.
Conversely, if the DOG price struggles to surpass this crucial resistance, it might face a downturn. In such a scenario, the $0.003567 support level would become crucial.
Final Call: Buy Dogeverse Now Before Launch!
As some traders hop on to the DOG price surge, others are rushing to buy the multi-chain Dogecoin derivative ICO Dogeverse before its presale ends in less than 11 days.
Dogeverse has already raised over $15 million, making it one of this year’s most successful ICOs.
Why limit to one when you can have it all? $DOGEVERSE begins on the secure #Ethereum network, ensuring robust security and reliability. 🛡️💻
🔥 Bridging gaps between #Cryptocurrency ecosystems, we enhance liquidity, utility, and fun across the entire #Cryptoverse! 🎉#AltSeason pic.twitter.com/zOg8albhry
— DogeVerse (@The_DogeVerse) May 3, 2024
DOGEVERSE is the first meme coin to operate across multiple networks. Deployed on Ethereum, Solana, Polygon, BNB Chain, Avalanche, and Base, Dogeverse aims to lead a multi-chain meme coin revolution.
Dogeverse also offers investors an enticing native staking program with a 53% APY at this early stage. However, as the smart contract was deployed on the Ethereum network, only purchases made with ETH are eligible for staking.
Crypto YouTuber Jacob Bury predicts that Dogeverse has the potential to 100x after launch.
Get your DOGEVERSE tokens here before launch. You can buy them with ETH, MATIC, BNB, BASE, AVAX, SOL, USDT, or a bank card.
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