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Sundog Price Prediction: SUNDOG Plunges 10% As Traders FOMO Buy Base Dawgz Ahead Of Launch In Just Hours

InsidebitcoinInsidebitcoin2024/09/05 15:12
By:Insidebitcoin

The Sundog price plunged 10% in the last 24 hours to trade at $0.2175 as of 04:16 a.m. EST on a 27% surge in trading volume to $176 million.

Sundog Price Gearing Up Towards A Bullish Trend Reversal

The Sundog price has been on a downtrend in the last two days, according to data from GeckoTerminal . SUNDOG has, in the previous day, traded within a falling channel pattern, as it fell from the $0.2413 resistance zone.

However, the $0.20 support level has allowed the bulls to push the price of Sundog towards the upper boundary of the falling channel.

SUNDOG price has plunged below the 50-day Simple Moving Average (SMA), which shows that the price of Sundog is on a downward trend.

Moreover, the Relative Strength Index (RSI) trades within the neutral zone, which shows that the bulls may push the price towards a trend reversal.

SUNDOGUSD Chart Analysis Source: GeckoTerminal.com

A bullish trend reversal could see the bulls push the price of Sundog up as they target $0.24.

However, if the bears take control of the price at this level, the price of Sundog could plunge further to the $0.20 support. 

Meanwhile, last-minute investors looking for quick profits are rushing to buy the new meme coin on the Base ecosystem, Base Dawgz (DAWGZ) , with just hours left before its DEX debut.

Last Chance To Buy Base Dawgz – 3 Hours Left To DEX Launch

Base Dawgz , a Shiba Inu-themed meme coin on the Base Chain, is set to launch on a decentralized exchange (DEX) today at 6 p.m. CET, with investors eagerly snapping up tokens before the final listing. 

Backed by over $3.3 million in funding, the coin has drawn significant attention for its potential to surge in value post-launch.

Base Dawgz aims to replicate the success of meme coins like Shiba Inu ($SHIB) and Brett ($BRETT). Its multi-chain capabilities allow seamless transactions across Ethereum, Solana, Binance Smart Chain, and Avalanche. 

According to crypto analyst and YouTuber Jacob Bury, who boasts over 42K subscribers, $DAWGZ has the potential to skyrocket by 100x after launch.

Investors are also being attracted to the project by a staking model that offers a 938% annual return.

As the timer winds down, this is the last opportunity to acquire $DAWGZ at its initial listing price of $0.008582. 

You can purchase DAWGZ tokens on the official website here using ETH, USDT, BUSD, or USDC.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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