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The GEGE price skyrocketed 264% in the past 24 hours to trade for $0.01484 as of 01:00 a.m. EST on trading volume that surged by 232%.
It comes amid a potential listing on BitMart exchange, a development that often boosts a crypto’s price with speculation and FOMO (fear of missing out) driving the asset’s price.
🌟 Upcoming New Listing 🌟
🤩 #BitMart will list $GEGE @GegeAkutamiSol soon!
Keep an eye on our socials for further announcements.
Share in the comments what you like about this project 👇 pic.twitter.com/wHjIsiVZa7
— BitMart (@BitMartExchange) June 17, 2024
A new listing on a major exchange provides easier access to a broader range of traders, investors, and thus boosts liquidity.
Listings on reputable exchanges can also raise a cryptocurrency’s profile and credibility in the eyes of the market, boosting legitimacy.
GEGE Price Prediction
The GEGE price is trading with a bullish bias, consolidating within the bullish technical formation. However, in the one-hour timeframe, GEGE holders are actively booking profits. This is seen with red candlestick that is testing the lower boundary of the channel.
Looking at the Relative Strength Index (RSI), this momentum indicator has recorded lower highs, indicating dwindling buying pressure. In the same way, the Moving Average Convergence Divergence (MACD) has executed a sell signal, crossing below the signal line (orange band). Traders heeding to this call to sell GEGE could extend the downtrend for the altcoin.
For the bullish thesis to be invalidated, however, the GEGE price must drop to record a candlestick close below $0.00738. In a dire case, the slump could send the altcoin below the $0.00346 threshold.
GeckoTerminal: GEGE/USD 1-hour chart
On the other hand, if bullish momentum increases, the GEGE price could shatter the formidable roadblock at $0.01484. This barricade is earmarked by the equal highs and is critical for the upside potential of the altcoin. This is visible as the GEGE price faced multiple rejections from it previously and in a row.
Meanwhile, crypto analyst Jacob Bury recommends that investors consider Base Dawgz (DAWGZ), a new meme coin on the Base chain that he says could 100X after launch and upstage meme coins like BRETT, DEGEN, and TOSHI.
Promising Alternative To GEGE
DAWGZ powers the Base Dawgz ecosystem, whose primary home is the Base chain. Despite this, the project brings a unique multi-chain experience, offering seamless interoperability with Ethereum, Solana, Binance Smart Chain, and AVAX.
It uses Wormhole and Portal Bridge to ensure that users can easily soar through the decentralized world without limits. As such, users can transact seamlessly across multiple blockchain ecosystems and have unparalleled multi-chain functionality.
Staking is to be launched soon with presale buyers who stake their tokens before launch earning a retroactive bonus later. The team has set aside 20% of the total token supply for staking.
The project is also set to launch the “Be Social for Airdrop” campaign to reward users with points that can later be redeemed for $DAWGZ. All you have to do is engage with social media networks on X.
GM🌤️
X is trying to keep us on land but we will always make our way back to the skies. Reply with '🪂' if you see this.
— Base Dawgz (@BaseDawgz) June 10, 2024
If you are interested in participating, you can buy DAWGZ tokens for $0.00527 each. Don’t wait too long, though, because the price will increase in just under 4 days.
Visit and buy Base Dawgz here.
Also Read:
- How to Buy Base Dawgz Token – $DAWGZ Presale Review
- Base Dawgz Price Prediction – DAWGZ Price Potential in 2024
- Best Base Chain Meme Coins To Buy – 2024 Guide
- 5 New Cryptocurrency to Invest in 2024: Promising Game-Changers with 1000x Potential
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- Layer 2 Meme Coin Ecosystem
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- Staking Rewards - pepeunchained.com
- $40+ Million Raised at ICO - Ends December
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