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The Pups (Ordinals) price has surged 82% in the last 24 hours to trade at $26.23 as of 7:15 a.m. EST on a 289% surge in trading volume to $13 million.
PUPS, the pioneering meme coin on the Bitcoin blockchain, made a big splash in the crypto scene with its successful BRC-20 token airdrop and has quickly become a hot topic in the crypto world.
Pups (Ordinals) Price Signals A Bullish Trend Reversal
The Pups (Ordinals) price had been on the decline after reaching its peak at $152 due to bearish sentiment in the market after the halving.
However, the support zone at $13.29, where the bulls are stepping in to stabilize the price. Despite the decline, this support level appears robust, giving the bulls a chance to gather momentum and potentially drive the price back up to recover their losses.
PUPSUSDT Analysis. Source: Tradingview.com
The descending triangle pattern indicates that the bullish momentum may persist, potentially driving higher prices. If this momentum continues, the bulls could propel the price beyond the wedge, sustaining the upward trend.
The bulls have successfully maintained the price above the 50-period simple moving average (SMA), indicating a bullish trend. However, to confirm the anticipated rally, the bulls must be consistent with bullish momentum and push the price above the 200-period SMA.
The Relative Strength Index (RSI) indicates a rebound from the 30 oversold levels to 55 above the 50 midline level. A continued uptrend surge could lead to the price jumping into the overbought zone of 70.
Pups (Ordinals) Price Bulls Gear Up for Another Rally
The Pups (Ordinals) Price signals a bullish stance, with bulls preparing to rebound for another surge to reclaim a high at $49. However, increased momentum could help the bulls catapult the price up, reaching its all-time high at $152 in the upcoming weeks.
On the flip side, if the bears regain the downward move, the price could slip to the lower boundary of the triangle at $12.09.
Is This The Best 100X Crypto To Buy Today?
Meanwhile, investors are seeking alternative options that offer similar profit potential. One contender that’s catching their eye is Mega Dice(DICE).
Mega Dice is a casino platform that enables users to bet with digital currencies and enjoy benefits like faster transactions and reduced fees.
The casino consistently witnesses monthly bets exceeding $50 million, providing access to over 4,000 casino games and offering more than 50 options for sports and eSports betting.
Now, the project aims to establish itself as a major player in the GameFi sector on Solana, offering a one-of-a-kind token experience within online casinos.
Another immense #BIGWIN on #SweetBonanza by @PragmaticPlay 🤯💰
This #MegaDice player won $11 725.00 with a $7 bet 🎰
Watch the #BIGWIN here 👀 pic.twitter.com/62SK5NJl08
— Mega Dice Casino (@megadice) May 16, 2024
Mega Dice maintains a substantial following, with over 50,000 signed-up users and more than 10,000 players engaging monthly.
The platform also plans a $2.25 million airdrop giveaway divided into three seasons, with rewards totalling $750,000 for each season.
Moreover, investors holding DICE tokens have the opportunity to enjoy rewards such as bonus tokens for early entrants, cool NFTs, and daily rewards tied to the casino’s success.
99Bitcoins, a YouTube channel with over 700k subscribers, says that DICE might surge 100X when it launches on tier-one exchanges.
Mega Dice Hurtles Past $1 Million
The Mega Dice presale has already raised over $1 million in funding with over 15.5 million tokens purchased.
$DICE presale has raised $1 MILLION! 🚀🚀
This #MillionDollarMilestone brings us closer to revolutionizing GameFi. What's coming next?👇
Next tier price: 0.075 💰
Next presale target: $2M 💰
We're implementing multiple tiered price increases, so make sure to secure your $DICE… pic.twitter.com/MDfn5lVhju
— Mega Dice Casino (@megadice) May 15, 2024
You can buy DICE tokens for $0.075 each. There is a 10% commission for any buyers you refer to the Mega Dice presale.
Visit the official DICE website and buy tokens here using SOL, ETH, or BNB.
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