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The Mother Iggy price surged 18% in the last 24 hours to trade at $0.1427 as of 03:37 a.m. EST on trading volume that rose 18% to $57.7 million.
This comes as MOTHER hit a new all-time high (ATH) of $0.1534 to reach a market capitalization of over $147 million for the first time since its launch.
Rapper Iggy Azalea has been actively tweeting in the Crypto Twitter Community and even adopted a custom Mad Lads Profile Picture (PFP) on May 31.
— IGGY AZALEA (@IGGYAZALEA) June 6, 2024
As a result of the tweeting, MOTHER has been gaining more traction in the crypto community as it has soared within the rising channel pattern.
The $0.01534 level acts as the immediate resistance zone that the bulls need to overcome to propel MOTHER over the upper boundary of the channel, as data from GeckoTerminal shows.
Mother Iggy Price Bulls Set To Sustain The Bullish Stance Over The Rising Channel – A New ATH Incoming?
The Mother Iggy price bulls are looking to sustain the token’s recent surge to propel the token’s price over the upper boundary of the rising channel. MOTHER trades well above both the 50-day and 200-day Simple Moving Averages (SMAs), both acting as support levels at $0.10 and $0.056, respectively.
Furthermore, the Relative Strength Index (RSI) is also moving up towards the overbought region, currently at 66, an indication of intense buying pressure and continued investor optimism.
The Moving Average Convergence Divergence (MACD) opens up positions for investors to buy more, as the MACD line (blue) crosses above the signal line (orange), a representation of a bullish crossover.
The Average Directional Index (ADX) trades above level 25, currently at 34, which shows that MOTHER is on a very strong bullish trend.
With the major indicators, the MACD, RSI, and ADX, showing that the buyers are adding to their positions, MOTHER could rise to a new ATH at $0.20.
However, with the token being up 1,645% in the last 7 days, the bears may start booking profits, which may drive the token through a retrace back to $0.10, coinciding with the 50-day SMA.
As the Mother Iggy price surges, so, too, is the Dogecoin derivative ICO PlayDoge, which has amassed over $2.6 million in funds raised in a little over a week.
PlayDoge Presale Hurtles Past $2.6 Million – Best Meme Coin To Buy Now?
PlayDoge (PLAY) is looking to follow in the pawprints of other canine-themed tokens like SHIB, DOGE, and FLOKI, but it’s offering more than just humor and novelty.
Don’t ghost your #Doge or it’ll die 👻
Feed your Doge, earn rewards, and level up. No mazes, just fun!#Presale has launched! 🙌#PlayDoge #P2E #Memecoin pic.twitter.com/Fp2sFwycpj
— PlayDoge (@PlayDogeGame) May 31, 2024
PlayDoge is a mobile-based play-to-earn (P2E) token that combines the iconic Doge meme with the beloved Tamagotchi game from the 90s, creating a fun virtual gaming experience where players can earn its native token, $PLAY.
The project’s mascot is PlayDoge, a virtual dog that acts as a P2E companion. Through the platform’s P2E mechanics, the project allows players to earn rewards by taking care of their pets. As a player, you also get to take on adventurous journeys, earning $PLAY tokens in the process.
You can also earn passively through the platform’s staking option, which offers an annual percentage yield (APY) of 120%.
According to Jacob Bury, a popular crypto analyst and YouTuber, $PLAY has the potential to surge 10X after its launch.
You can buy $PLAY tokens for $0.00504 each. With a price hike coming in less than 3 days, buy soon to lock in the best deal.
To join the presale, buy $PLAY from the official website here using BNB, USDT, or a bank card.
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