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The Kamala Horris price tumbled 10% in the last 24 hours to trade at $0.2036 as of 03:26 a.m. EST on trading volume that plunged 49% to $8 million.
This comes as Kamala Harris is reportedly considering anti-crypto Michigan Senator Gary Peters as her running mate for the upcoming presidential election.
Peters supported the Money Laundering Act of 2023, which talked about the use of crypto in illicit terror financing. The development comes despite earlier reports that Harris had her advisers reach out to crypto leaders at companies from Coinbase to Ripple Labs in an attempt to mend fences with the industry.
The Democratic government has recently come under pressure after Donald Trump’s strong outreach to the crypto industry. Trump continues to make a large number of pro-crypto promises and plans to execute them if he becomes the next U.S. President.
Kamala Horris Price Consolidates – Could The Bulls Win The Struggle For Dominance
The Kamala Horris price has been in consolidation in the last day, trading within the sideways pattern, within the $0.02211 resistance and $0.02034 support level, according to data from GeckoTerminal.
However, the price of Kamala Harris has retraced to trade below both the 50-day and 200-day Simple Moving Averages (SMAs), which may be the start of a bearish trend in the coming hours.
Additionally, KAMA’s Relative Strength Index (RSI) is dropping towards the 30-oversold level, currently at 39, which shows that the bears are currently gaining control of the price.
According to the Kamala Horris price analysis on the 15-minute chart, the bearish prospects are stronger, as KAMA trades below the 50-day and 200-day SMA.
If the selling continues, according to the RSI, the price may tumble further to the next support zone at $0.017.
Conversely, if the bulls take charge of the price at this level, the bulls may initiate a bullish trend reversal, which could push KAMA to the next resistance zone at $0.02478.
As the Kamala Horris price slumps, the new Base token Base Dawgz (DAWGZ) is heading in the other direction as its presale funding nears $3 million.
Base Dawg Presale Garners Over $2.7 Million – Next Big Meme Coin On Base?
DAWGZ aims to emulate the success of Base titan BRETT, which has skyrocketed 16,109% from its all-time low, according to CoinGecko. And DAWGZ is off to a great start, with more than $2.7 million already in the bag from eager investors.
We pushing for 3M this week $DAWGZ? pic.twitter.com/FDXspxqcis
— Base Dawgz (@BaseDawgz) July 28, 2024
While the project is based on the Base blockchain, Base Dawgz is bringing a unique multi-chain experience, offering seamless interoperability within different blockchains that span Ethereum, Solana, Binance Smart Chain, and Avalanche.
Base Dawgz features share-to-earn functionality, which enables users to easily accumulate points by sharing Base Dawgz content on social media. After the presale ends, users will be able to exchange these points for $DAWGZ tokens.
The team has also set aside 20% of the total token supply for staking, where users can benefit from staking rewards with an annual percentage yield (APY) of a whopping 1,063%.
Jacob Bury, a prominent crypto YouTuber, says that $DAWGZ could potentially soar 100X after its launch.
If you are interested in participating in the presale, you can buy DAWGZ tokens for $0.007061 each. But don’t wait too long because the price will increase in less than seven days.
You can buy DAWGZ tokens on the official website here using ETH, USDT, BUSD, or USDC.
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