{"id":528418,"date":"2024-05-31T08:25:36","date_gmt":"2024-05-31T08:25:36","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=528418"},"modified":"2024-05-31T08:25:36","modified_gmt":"2024-05-31T08:25:36","slug":"doggotothemoon-price-prediction-dog-pumps-21-but-traders-shift-to-this-new-ai-meme-coin-and-its-293-apy","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/doggotothemoon-price-prediction-dog-pumps-21-but-traders-shift-to-this-new-ai-meme-coin-and-its-293-apy","title":{"rendered":"DOG\u2022GO\u2022TO\u2022THE\u2022MOON Price Prediction: DOG Pumps 21%, But Traders Shift To This New AI Meme Coin And Its 293% APY"},"content":{"rendered":"

The DOG•GO•TO•THE•MOON price soared 21% in the last 24 hours <\/span>to trade at $0.007580<\/span><\/a> as of 00:39 a.m. EST on trading volume that jumped 17% to $94 million.<\/span><\/p>\n

This comes as the Rune meme coin DOG reached a daily trading volume of over $10 million in four consecutive days. The DOG market capitalization has now soared to more than $775 million, according to CoinMarketCap<\/span>. <\/span><\/p>\n

DOG•GO•TO•THE•MOON Price Set To Soar Over The Rising Channel<\/span><\/h2>\n
\"DOG•GO•TO•THE•MOON
DOGUSD Chart Analysis Source: GeckoTerminal.com<\/figcaption><\/figure>\n

The DOG•GO•TO•THE•MOON price has been on a steady rise in the last two weeks, recording a 260% rise in the last two weeks. In the last week, DOG rose tremendously through a rising channel pattern to an all-time high (ATH) of $0.008465, according to data from <\/span>GeckoTerminal<\/span><\/a>. <\/span><\/p>\n

However, the bulls have not been able to reclaim this high, with DOG being down 3% from its ATH as it trades within the lower threshold of the channel.<\/span><\/p>\n

The main technical indicators show that DOG is gearing up for a massive breakout to rise above the upper boundary of the rising channel. DOG•GO•TO•THE•MOON trades above both the 50-day and 200-day Simple Moving Averages (SMAs), a confirmation of the bullish upside potential.<\/span><\/p>\n

Moreover, the Relative Strength Index (RSI) is rebounding from its oversold levels, currently trading at 53 and rising, an indication that there is growing buying pressure. A sustained buying action from the bulls could see the RSI soar over to the 70-overbought region, showing continued investor optimism.<\/span><\/p>\n

The Average Directional Index (ADX) is at level 22 and climbing up, closing in on level 25, showing an increased bullish trend.<\/span><\/p>\n

DOG•GO•TO•THE•MOON Price Prediction<\/span><\/h2>\n

The DOG•GO•TO•THE•MOON price technical analysis on the 15-minute chart shows that retail buyers have taken advantage of the slight retrace to buy more, pushing the price toward the upper boundary of the rising channel.<\/span><\/p>\n

With the RSI and ADX rising, the bulls are currently targeting a new ATH above $0.010.<\/span><\/p>\n

Conversely, if the bears take control of the price at this level to push DOG below the rising channel, the bulls could retreat to the support level of around $0.0059.<\/span><\/p>\n

Meanwhile, as the DOG price soars, another canine-themed meme coin, WienerAI, is also turning heads as it garners over $3.5 million in presale.<\/span><\/p>\n

WienerAI Presale Blasts Past $3.5 Million – Best Meme Coin To Buy Now?<\/span><\/h2>\n

WienerAI (WAI)<\/span><\/a> continues to be a pioneering force in crypto trading as the project introduces an innovative AI token and trading bot. <\/span><\/p>\n

The WAI trading bot uses predictive technology and a user-friendly interface, which provides users advice on when to buy and sell cryptos.<\/span><\/p>\n

\n

🌭Wiener AI is on the move!🌭<\/p>\n

Big day for our development team. The AI Trading Bot interface is getting closer to completion. pic.twitter.com\/AntAqQVnsr<\/a><\/p>\n

— WienerAI (@WienerDogAI) May 28, 2024<\/a><\/p><\/blockquote>\n