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The Ponzio The Cat price surged 3% in the last 24 hours to trade at $1,063 as of 00:41 a.m. EST on trading volume that dropped 34% to $2.7 million.
PONZIO has been in a tear in the last month, soaring 9,580%, as the bulls aim to sustain the rally in the coming days.
Ponzio The Cat Price To Continue Rallying
The Ponzio The Cat price rose through a markup phase from August 10 to August 12, as it encountered some resistance at $1,219, according to data from GeckoTerminal.
PONZIO has consolidated below this resistance, forming a bullish flag pattern, as the bulls aim to keep pushing the price over the upper boundary.
The price of Ponzio The Cat now trades well above both the 50-day and 200-day Simple Moving Averages (SMAs), a confirmation of the bullish trend.
Moreover, the Relative Strength Index (RSI) seems to be dropping from the oversold level, currently at 48, as it hurtles toward the oversold levels, which is an indication that sellers have the upper hand and that the asset could be undervalued.
With the token being undervalued, this could be a buying signal for the bulls, which could then push the token above the flag, as they target $1,400.
However, if the selling intensifies, PONZIO could retreat to the $992 support zone (50-day SMA), which acts as a cushion against downward pressure.
As the PONZIO price bulls push the token up, other meme coin investors are rushing to buy the new Base token, Base Dawgz (DAWGZ), which aims to emulate the success of another Base titan, BRETT, which is up 10,543% from its all-time low, according to Coingecko.
Base Dawg Presale Garners $2.9 Million, Best Meme Coin To Buy Now?
Base Dawgz brings a unique multi-chain experience that offers seamless interoperability within different blockchains, spanning Ethereum, Solana, Binance Smart Chain, and AVAX. However, the team is set to launch on Base Chain. As the token gains traction in the crypto space, investors have already amassed over $2.9 million and are on track to reach $3 million.
After passing $2.9M raised, we're steadily on our way to 3M 🚀 pic.twitter.com/JbZUMgF8yd
— Base Dawgz (@BaseDawgz) August 13, 2024
To ensure that users can easily soar through the decentralized world without limits, Base Dawgz leverages the latest technology in Web3, including Wormhole and Portal Bridge. Therefore, users can transact seamlessly across multiple blockchain ecosystems with unparalleled multi-chain functionality.
Users can benefit from the project’s unique staking, with the team already setting 20% of the total token supply for staking. Base Dawgz’s staking feature offers investors an impressive 876% annual yield (APY) on their investment.
The project will also launch the “Be Social for Airdrop” campaign to reward users with points you can redeem for $DAWGZ later. All you have to do is to engage with your social media networks on X.
According to ClayBro, a YouTube crypto analyst with over 130K subscribers, $DAWGZ “could create millionaires.”
If you want to participate in the presale, you can buy the token for $0.007784. But hurry, as 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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