MAGA Price Prediction: TRUMP Plummets 11% As This Dogecoin Derivative P2E Meme Coin Charges Towards $6 Million

The
MAGA
price
plunged
11%
in
the
last
24
hours


to
trade
at
$6.43

as
of
00:41
a.m.
EST
on
trading
volume
that
surged
41%
to
$10
million.

This
comes
as
former
president
Donald
Trump
said
in
a
recent
interview
with
Bloomberg
that
the
crypto
industry
is
good
for
the
nation,
and
that
the
US
should
lead
in
crypto
to
ensure
nations
like
China
don’t
come
to
dominate
it.

Trump
also
said
in
the
interview
that
crypto
is
”amazing”
and
that
”it
is
not
going
away.”

MAGA
Price
Aims
For
A
Rebound
Over
The
$6.9
Resistance

The
MAGA
price
was
trading
in
a
range
at
the
beginning
of
July
as
the
bulls
and
bears
fought
for
dominance.
According
to
data
from


GeckoTerminal,
the
bulls
won
the
struggle,
pushing
the
token
up
on
July
13
as
TRUMP
rose
to
the
$10.2
resistance
level.

However,
the
bears
took
control
of
the
price,
with
MAGA
dropping
within
a
falling
wedge
pattern.
The
token
is
consolidating
at
the
$6.0
level
as
the
bulls
aim
for
a
breakout
above
toward
a
bullish
trend
reversal.

TRUMP
trades
below
the
50-day
and
200-day
Simple
Moving
Averages
(SMAs),
coinciding
with
the
downward
trend.

The
Relative
Strength
Index
(RSI)
is
rebounding
from
the
oversold
level
to
trade
up
towards
the
50-midline
level,
which
shows
that
buyers
may
be
adding
to
their
positions,
which
may
eventually
push
the
token
up.

Moreover,
the
Moving
Average
Convergence
Divergence
(MACD)
trades
below
the
zero
line,
coinciding
with
the
price
moving
down.
However,
the
MACD
blue
line
crosses
above
the
orange
signal
line,
creating
a
bullish
crossover.

The
green
bars
on
the
histogram,
also
extending
above
the
neutral
line,
indicate
that
TRUMP
is
currently
on
a
positive
momentum.

MAGA
Price
Prediction

The
MAGA
price
analysis
shows
a
looming
bullish
rally.
The
TRUMP
bulls
aim
to
use
the
falling
wedge
pattern
to
stage
a
bullish
trend
reversal.

In
this
scenario,
the
MACD
and
RSI
could
encourage
optimistic
investors
to
buy
more,
as
they
target
the
$10
resistance.

However,
the
200-day
SMA
crosses
above
the
50-day
SMA,
forming
a
death
cross
at
$7.12,
which
could
prompt
a
further
retrace.
The
retrace
could
push
the
price
of
MAGA
to
the
next
strong
support
at
$5.10.

Even
as
the
MAGA
price
aims
for
a
trend
reversal
to
the
upside,
investors
are
rushing
to
buy
the
new
DOGE
derivative
P2E
project


PlayDoge
(PLAY),
which
is
rocketing
towards
$6
million
in
its
presale.

PlayDoge
Presale
Raises
Over
$5.7
Million

PlayDoge
is
a
mobile-based
play-to-earn
(P2E)
game
that
transforms
the
DOGE
meme
into
a
Tamagotchi-style
virtual
pet
that
allows
users
to
earn
$PLAY
tokens.
In
what
has
been
an
explosive
start,
PlayDoge
has
already
amassed
over
$5.7
million
in
funds
raised.

The
project’s
mascot,
PlayDoge,
is
a
virtual
dog
that
acts
as
a
P2E
companion.
Through
its
P2E
mechanics,
the
project
allows
players
to
earn
rewards
by
caring
for
their
pets.
Users
can
also
take
the
pet
on
adventurous
journeys,
earning
more
$PLAY
tokens.

Don’t
ghost
your

#Doge
or
it’ll
die
????

Feed
your
Doge,
earn
rewards,
and
level
up.
No
mazes,
just
fun!#Presale
has
launched!
????#PlayDoge

#P2E

#Memecoin

pic.twitter.com/Fp2sFwycpj

—
PlayDoge
(@PlayDogeGame)

May
31,
2024

PlayDoge
sets
itself
apart
from
Dogecoin
because
the
project
functions
on
the
BNB
Smart
Chain,
created
by
the
world’s
largest
crypto
exchange,

Binance.
This
chain
allows
users
easy
access
to
transaction
efficiency
and
seamlessly
integrate
other
gaming
activities.

Token
holders
can
also


stake
$PLAY

to
earn
an
impressive
annual
percentage
yield
(APY)
of
84%.

According
to
99Bitcoins,
a
YouTube
crypto
channel
with
more
than
700k
subscribers,
$PLAY
could
soar
up
to
100X
after
its
launch.

Investors
can
buy
$PLAY
tokens
for
$0.0052
each.
The
price
will
increase
in
a
little
more
than
1
day,
so
buy
soon
to
secure
the
best
deal.

To
join
the
presale,


buy
$PLAY
from
the
official
website

using
BNB,
USDT,
or
a
bank
card.

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