Dogwifhat Price Soars 12% As Dog-Themed Cryptos Pump, But Investors Are FOMO Buying This Base Rival Before Imminent Launch

The
Dogwifhat
price


surged

more
than
12%
in
the
last
24
hours
to
trade
at
$1.59
as
of
11:37
p.m.
EST.

This
rise
in
the
WIF
price
coincides
with
a
5%
jump
in
the
capitalization
of
dog-themed
tokens
during
the
trading
session.

The
Dogwifhat
Price
Clears
A
Major
Resistance
Level

4-hour
chart
for
WIF/USDT
(Source:


GeckoTerminal)

The


Dogwifhat

price
was
able
to
break
out
above
a
short-term
negative
channel
in
the
last
24
hours.
Thereafter,
the
meme
coin
successfully
overcame
the
major
resistance
level
at
$1.4568
as
well.
Traders
are
now
attempting
to
elevate
WIF
to
beyond
the
next
threshold
at
$1.6812.
Should
the
crypto
close
a
4-hour
candle
above
this
point,
it
could
rise
to
as
high
as
$1.8976.

On
the
other
hand,
the
Dogwifhat
price
getting
rejected
by
the
$1.6812
barrier
in
the
coming
24
hours
could
invalidate
the
bullish
thesis.
In
this
alternative
scenario,
the


meme
coin

might
be
at
risk
of
retesting
the
aforementioned
$1.4568
point.
A
drop
back
below
this
mark
could
then
result
in
WIF
falling
to
the
key
support
at
$1.3232
in
the
following
24
hours.

Technicals
Suggest
The
Dogwifhat
Price
Could
Keep
Climbing

From
a
technical
perspective,
indicators
on
WIF’s
4-hour
chart
suggest
the
meme
coin’s
price
might
keep
climbing
through
the
course
of
the
next
trading
day.
More
specifically,
the
Moving
Average
Convergence
Divergence
(MACD)
and
short-term
Exponential
Moving
Averages
(EMAs)
are
showing
bullish
signs.

In
the
last
24
hours,
the
MACD
line
crossed
above
the
MACD
Signal
line.
This
technical
event
is
generally
seen
as
a
sign
that
a
crypto
has
entered
a
positive
trend
and
might
therefore
continue
to
rise.
What’s
more,
the
MACD
line
is
increasing
the
gap
between
itself
and
the
MACD
Signal
line
to
indicate
that
WIF’s
bullish
momentum
is
picking
up
steam.

Meanwhile,
a
major
bullish
technical
flag
is
on
the
verge
of
being
triggered
by
the
9
and
20
EMA
lines.
The
shorter
of
the
two
is
attempting
to
cross
above
the
longer
EMA
line.
Should
this
intersection
happen
in
the
coming
12
hours,
it
could
signal
a
positive
shift
in
WIF’s
short-term
momentum.
The
Dogwifhat
price
might
subsequently
continue
to
rise.

Even
as
WIF
shows
bullish
strength,
investors
are
rushing
to
buy
a
new
canine-themed
meme
coin
on
the
layer-2
Base
blockchain
by
the
name
of


Base
Dawgz
(DAWGZ)

before
it
lists
in
less
than
33
hours.

Uniting
All
Of
The
Top
Networks
Through
Sophisticated
Cross-Chain
Technology

Base
Dawgz
(DAWGZ)
is
a
new
meme
coin
in
the
burgeoning
Base
ecosystem
that
is
looking
to
repeat
the
success
of
Base
meme
coin
titan
Brett
(BRETT).

To
climb
the
crypto
ranks,
the
project
introduces
unprecedented
levels
of
utility
to
the
meme
coin
space. 

Powered
by
Wormhole
and
Portal
Bridge
technology,
Base
Dawgz
gives
investors
and
token
holders
the
ability
to
seamlessly
and
simultaneously
transact
across
some
of
the
most
liquid
and
active
networks
in
the
Web3
space.
These
networks
include
Avalanche,
Binance
Smart
Chain,
Solana,
Ethereum,
and
Coinbase’s
Base
network.

We’re
dedicated
to
enhancing
the
Base
Dawgz
experience
for
our
amazing
community.
While
it
won’t
happen
overnight,
we’re
making
thoughtful
decisions
to
ensure
the
best
outcomes
for

$DAWGZ.

Thank
you
for
your
patience
and
support
as
we
continue
to
grow
together!

pic.twitter.com/VeX7hzdcph

—
Base
Dawgz
(@BaseDawgz)

August
2,
2024

Several
DeFi
yield-generating
opportunities
are
set
to
emerge
on
these
networks,
given
how
popular
the
blockchains
are.
As
such,
DAWGZ
holders
are
perfectly
positioned
to
capitalize
on
these
reward-generating
opportunities
as
soon
as
they
are
available.

This
essentially
enables
holders
of
the
meme
coin
to
maximize
returns
on
their
crypto
portfolios.

DEX
Launch
Just
Around
The
Corner

There
is
just
a
little
more
than
a
day
until
Base
Dawgz
launches. 

More
than
$3.2
million
has
been
sent
to
DAWGZ’s
ICO,
signaling
strong
investor
confidence
in
the
project’s
future.
Crypto
YouTuber
ClayBro
told
his
130k
subscribers
not
to
miss
out
on
this
project
with
10x
potential
after
launch.

Selling
for
$0.008582,
the
crypto
can
be
bought
using
either
BASE,
ETH,
BNB,
AVAX,
or
SOL.
Once
purchased,
the
tokens
can
also
be
locked
up
via
the
staking
page
on
the
website
for
investors
to
gain
access
to
a
711%
Annual
Percentage
Yield.
Interested
investors
should
act
fast
as
Base
Dawgz’s
DEX
launch
approaches.

Purchase
and
stake
DAWGZ
here
before
its
DEX
launch.

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