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The Daddy Tate price surged 39% in the last 24 hours to trade at $0.1547 as of 03:59 a.m. EST on trading volume that skyrocketed 181% to $27 million.
This comes as Andrew Tate, the celebrity behind the project, continues to push for the token on his X account.
Daddy Tate Price Could Soar Past The $0.16 Resistance
The Daddy Tate price was in a consolidation phase from June 25 to June 30, trading within the $0.11 and $0.14 levels, according to data from GeckoTerminal. However, at the beginning of July, the token soared to the $0.1621 resistance level before dropping again to the $0.106 support level.
The DADDY price then soared back to the $0.1621 resistance, forming a rounding bottom pattern.
DADDY trades above both the 50-day and 200-day Simple Moving Averages (SMAs), a confirmation of the bullish stance.
Moreover, the Relative Strength Index (RSI) is rebounding from the 50-midline level, rising to 61 as it heads towards the 70-overbought region. This movement indicates that buyers are in a frenzy.
The Moving Average Convergence Divergence (MACD) is also bullish, with the MACD line (blue) crossing above the signal line (orange), which is an indication that the price of Daddy Tate is on a bullish crossover.
The green bars on the histogram also extend above the neutral line, which is a confirmation that DADDY is on a positive momentum.
Daddy Tate Price Prediction
According to DADDY’s price analysis on the 1-hour chart, the price of Daddy Tate could soar over $0.1621 as the bulls capitalize on the rounding bottom pattern.
In an instance where the buyers continue buying, with the MACD and RSI providing bullish prospects, the Daddy Tate price could soar to the next target at $0.2117.
However, with the token dipping just below resistance, bears might seize control of the price, eyeing $0.1285 as the next support zone based on the 50-day SMA.
As the Daddy Tate price soars, investors are also rushing to buy Shiba Shootout (SHIBASHOOT), a newly launched P2E meme coin that aims to capitalize on the hype that surrounds Shiba Inu (SHIB), the second-biggest meme coin by market capitalization.
Shiba Shootout Presale Surges Past $480K, Hurtles Towards Its $1.2 Million Target
Shiba Shootout draws inspiration from the legendary Shiba Inu meme coin as it embarks on an exciting journey themed around the crypto Wild West.
Saddle up! #ShibaShootout is more than a #memecoin it's a Wild West crypto adventure! 🐾💥
Join Marshal Shiba & the Sharpshooters in Shiba Gulch for fun and excitement. 🤠🚀 pic.twitter.com/a3BFVx7u42
— shibashootout (@shibashootout) July 1, 2024
The project goes beyond the conventional limits of meme coins, taking the holder on a captivating adventure filled with creativity, strategic gameplay, and the allure of a cowboy’s high-stakes showdown.
The game is built around the town of Shiba Gulch, a bustling digital settlement that is a favorite with Shiba lovers who come together to challenge each other.
Master #Crypto strategy with #Shiba cowboys in thrilling duels for big rewards! 🌟 Join the adventure!
Sign up now to get your free $SHIBASHOOT tokens!
Jump in the fun! 🚀 https://t.co/jCeu7XMBqR pic.twitter.com/YjlGaaluBT
— shibashootout (@shibashootout) June 28, 2024
The game has been approved by Google Play and the Apple App Store and its release is imminent.
Apart from P2E crypto gaming in Shiba Gulch, $SHIBASHOOT holders can also easily earn passively through the platform’s staking mechanism, which offers 2,268% in annual rewards.
According to the crypto channel 99Bitcoins,with more than 700k subscribers, investors who buy $SHIBASHOOT have the possibility of earning “insane rewards.”
If you are interested in participating in the presale, you can buy the SHIBASHOOT token for $0.0194. But hurry as the price will increase in less than 22 hours.
Buy SHIBASHOOT tokens on the official website here using ETH, BNB, USDT, or a bank card.
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