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The Mog Coin price surged 16% in the last 24 hours to trade at $0.000002171 as of 04:02 a.m. EST on trading volume that rose 11% to $47 million.
The MOG price pump comes as the meme coin sector’s market capitalization surged 3% in the last 24 hours to $45 billion. Meme coin titans DOGE and SHIB rose 4% and 3%, respectively.
Mog Coin Price To Continue Its Bullish Trend Reversal Over The Rounding Bottom
The Mog Coin price has been on a bullish trend reversal in the last week, rising from the $0.000001133 support level, forming a rounding bottom pattern, according to data from GeckoTerminal.
The golden cross around $0.000001191 allowed the bulls to push the token above, pushing the price of Mog Coin over both the 50-day and 200-day Simple Moving Averages (SMAs).
Moreover, the Relative Strength Index (RSI) trades up over the overbought region, currently at 72, showing a sustained buying momentum and that the price is currently overvalued.
The Moving Average Convergence Divergence (MACD) is also bullish, with the blue MACD line crossing above the orange signal line, as they move over the neutral line. The green bars on the histogram also extend above the zero line, which shows that the price of Mog Coin is on a positive momentum.
Mog Coin Price Prediction
The Mog Coin price analysis shows a bullish bias, as the MOG bulls aim to push the token up, as they capitalize on the rounding bottom pattern. Major indicators, including the RSI and MACD, show that buyers are actively buying, which could push MOG up, targeting $0.000003139.
However, with the asset being overvalued, sellers may take control of the price in the short term. In this scenario, the support around the 50-day SMA at $0.000001608.
Meanwhile, as the Mog Coin price soars, meme coin investors are also buying into a new Shiba Inu derivative called Shiba Shootout (SHIBASHOOT), a project that has high stakes battles set in the heart of the Wild West crypto frontier.
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
Shiba Shootout Presale Surges Past $668K
Shiba Shootout has already amassed over $668K in its explosive presale. The project allows crypto enthusiasts and Shiba Inu meme coin aficionados to engage in epic meme showdowns, unleashing their creativity in a friendly competition.
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 in high-stakes battles.
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 play-to-earn (P2E) game is already available on Google Play and the Apple App Store, and it allows players to earn $SHIBASHOOT tokens.
$SHIBASHOOT token holders can enter the “Lucky Lasso Lottery” to snag big crypto prizes or wield voting power in key project decisions through “high-stakesToken Governance Roundups.”
Token holders can also earn passively by staking $SHIBASHOOT for a 1,512% annual percentage yield (APY).
99Bitcoins, a prominent crypto channel with over 705K subscribers, says that $SHIBASHOOT can earn investors insane rewards.
If this looks like a great investment to you, buy the token soon for $0.0196 before the price increases in less than nine days.
You can buy SHIBASHOOT tokens on the official website here using ETH, BNB, USDT, or a bank card.
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