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The Top G price has plunged 29% in the last 24 hours to trade at $0.02233 as of 07:56 p.m. EST on a 56% drop in trading volume to $76.15 million.
The slump came after the impact of Andrew Tate burning $10 million worth of TOPG tokens fizzled out. The Top G price had surged over 43% on Saturday following Tate’s burn stunt and a tweet claiming he would ”crash the Solana network.”
He also urged his followers to send him coins that he would ”diamond hands” and ”never sell.”
Feeling rich and reckless.
2000 RTs and I will diamond hands over 1M USD today into random shit that I NEVER EVER SELL.
— Andrew Tate (@Cobratate) June 7, 2024
Top G Price Bulls Consolidate For Trend Reversal
Following the burn, the TOPG price has dropped 29% from its all-time high (ATH) but continues to trade within a consolidation channel. According to data from GeckoTerminal, the bulls are now aiming for a reversal above this channel.
The Top G price bulls are poised to win the battle for dominance, using the $0.020 support level to prevent the bears from establishing a bearish trend.
TOPGUSD Analysis (Source: GeckoTerminal.com)
The Relative Strength Index (RSI) is bouncing back from oversold territory and is now trading near the 50-midline level, currently sitting at 38. With momentum picking up, we can expect the RSI to climb above the neutral 50 level soon.
Top G Price Prediction
The pullback from the token’s all-time high (ATH) has pushed TOP G to trade below the 50 Simple Moving Average (SMA). The bulls are now striving to surpass the immediate resistance level’s SMA.
The Top G price technical analysis indicates a bullish bias, as the bulls aim to win the struggle for dominance, which could push TOP G to reclaim its new ATH at $0.10.
Conversely, if the bears gain control at this level, TOPG may retrace to the next support zone around $0.011.
PlayDoge: The Best 10X Meme Coin?
The bullish bias that’s dominating the TOP G price is mirrored by sentiment around the new DOGE derivative ICO PlayDoge (PLAY), which has amassed over $3 million in only 12 days.
PlayDoge is a mobile-based play-to-earn (P2E) game that transforms the DOGE meme into a Tamagotchi-style virtual pet, allowing users to earn $PLAY tokens.
The PlayDoge blends ’90s nostalgia with modern blockchain technology, allowing users to care for an 8-bit pixel Doge in a retro-style mobile game. Players can feed, play mini-games, and bond with their virtual pet, earning $PLAY tokens as they go.
While the world burns, I'm just collecting $PLAY tokens. 💰🔥#PlayDoge #MemeCoin #Megaman #P2E #BNB pic.twitter.com/ys2ndBoO55
— PlayDoge (@PlayDogeGame) June 8, 2024
Aside from earning through play-to-earn (P2E), token holders can also earn passively by staking $PLAY for an impressive 729% annual percentage yield (APY).
According to crypto analyst and YouTuber Jacob Bury, $PLAY could surge 10X after its launch.
$PLAY tokens are priced at $0.00505. But a price hike is coming in less than a day, so hurry to secure the best deal.
Buy $PLAY tokens here using BNB, USDT, or a bank card.
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