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The Sundog value pumped greater than 9% within the final 24 hours to commerce at $0.1426 as of seven:17 a.m. EST as buyers go lengthy on the dog-themed meme coin.
The Surge within the SUNDOG value comes after the venture’s staff introduced a serious group pushed launch pool partnership with Belief Pockets. Customers will now be capable to lock their Belief Pockets Token (TWT) or different tokens in swimming pools to earn tokens from rising pre-launch initiatives.
Sundog Worth Resting On A Technical Security Internet
4-hour chart for SUNDOG/USD (Supply: GeckoTerminal)
The Sundog value briefly broke above the $0.1581 resistance and has since retraced to under this degree. Consequently, the meme coin now rests on the technical crutch at $0.1379. Dropping under this assist may end result within the crypto falling to the following key assist at $0.1204.
Nonetheless, the Sundog value sustaining a place above $0.1581 for the following 12 hours may set the meme coin as much as proceed its climb within the quick time period. The meme coin would possibly then attempt to overcome the $0.1581 barrier once more, and probably rise to as excessive as $0.1769 if patrons maintain exerting strain on the altcoin’s value..
Indicators Recommend The Sundog Worth Is Shedding Its Bullish Momentum
SUNDOG’s bullish transfer is perhaps nearing its finish as technical indicators on the meme coin’s 4-hour chart begin to present bearish warning indicators. Firstly, the Sundog value is resting on the 9 Exponential Shifting Common (EMA). It has already dropped under this technical indicator twice within the final 8 hours. Due to this fact, one other drop under this EMA may result in a value plunge.
Moreover, the 9 EMA is leveling off above the longer 20 EMA line as properly. Whereas the present orientation of those strains suggests the presence of short-term bullish momentum, the Sundog value resting on the 9 EMA and the impartial slope of the indicator are warnings {that a} bearish shift in momentum could also be within the playing cards.
SUNDOG’s constructive momentum additionally appears to be waning, as advised by the Shifting Common Convergence Divergence (MACD) indicator. Though the MACD line is at present positioned bullishly above the MACD Sign line, the narrowing hole between the 2 indicators might be an early signal of an upcoming bearish pattern reversal.
Whereas the hype round SUNDOG’s Belief Pockets launch pool partnership seemingly fades, buyers are flocking to Layer 2 meme coin rival Pepe Unchained (PEPU), which YouTuber ClayBro informed his over 130K subscribers has the potential to 10X.
Pump.Enjoyable Faces Competitors From Pepe Unchained’s New Meme Coin Launchpad
Pepe Unchained (PEPU) is a layer-2 meme coin venture that goals to convey some much-needed scalability to the favored PEPE model. Up till now, PEPE has been trapped on the congested and chunky Ethereum mainnet. With its personal community, Pepe Unchained will elevate the beloved frog character to a brand new degree.
As soon as launched, PEPU buyers will get pleasure from an unprecedented transactional expertise with speeds 100 occasions sooner than some other venture at present available in the market. Holders will even be capable to ship and obtain PEPU at extremely low charges.
Earlier this 12 months, the venture introduced the launch of its developer grant program, which is able to give accredited builders the chance to construct decentralized purposes (dApps) on the lightning-quick community.
We’re proud to announce an enormous new improve to the Pepe Unchained Ecosystem.
Pepe’s Pump Pad 🐸
Hyperlink to the brand new web page on the web site right here: https://t.co/jz1v0iRppq pic.twitter.com/mBzC9wDnl9
— Pepe Unchained (@pepe_unchained) November 6, 2024
Not too long ago, the venture’s staff additionally introduced the launch of an easy-to-use meme coin launchpad, which goals to compete immediately with the Solana-based Pump.enjoyable. Pump.enjoyable has generated tens of millions of {dollars} in charges this 12 months by means of the tsunami of recent tokens that entered the market.
Pepe Unchained may repeat, and even high, this success, including to the venture’s intrinsic worth and benefiting its buyers.
Pepe Unchained’s Presale Goes Parabolic As An Investor Frenzy Erupts
With its Layer 2 capabilities, meme coin enchantment and its newly-launched token launchpad, Pepe Unchained has attracted greater than $25.5 million in its presale, one of many greatest of all time. Whales have additionally been shopping for into the meme coin at this early stage.
There’s nonetheless time for buyers to place themselves forward of PEPU’s launch. Promoting for $0.01239, PEPU will be purchased with both ETH, USDT, BNB or financial institution card utilizing the easy purchase widget on its web site.
As soon as bought, patrons can put their PEPU tokens to work by staking them for an enormous 94% annual yield.
Buyers who need to purchase the token at the perfect fee will need to act rapidly, nonetheless, as PEPU’s value is scheduled to extend in a bit greater than 1 day.
Purchase and stake PEPU for the 94% APY here before its price increases.
Associated Articles:
Most Searched Crypto Launch – Pepe Unchained
- Layer 2 Meme Coin Ecosystem
- Featured in Cointelegraph
- SolidProof & Coinsult Audited
- Staking Rewards – pepeunchained.com
- $10+ Million Raised at ICO – Ends Quickly
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