Cloud Price Surges 35%, But Investors Are FOMO Buying This New Base Meme Coin Before Its DEX Debut In 5 Days
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The
Cloud
price
rose
35%
in
the
last
24
hours
to
trade
at
$0.2433
as
of
00:42
a.m.
EST,
on
trading
volume
that
skyrocketed
604%
to
$17.2
million.
Cloud
Price
To
Continue
Soaring
The
Cloud
price
has
been
on
a
tear
in
the
last
day,
as
the
bulls
won
the
struggle
for
dominance
around
the
$0.1682
consolidation
zone,
pushing
the
price
of
Cloud
to
the
$0.2492
resistance
level,
according
to
data
from
GeckoTerminal.
The
price
movements
at
this
level
have
formed
a
double
top
pattern,
encouraging
the
bears
to
exert
pressure,
with
CLOUD
plunging
slightly
to
the
$0.214
support.
CLOUD
then
experienced
intense
buying
pressure,
with
the
price
of
Cloud
soaring
above
a
falling
channel
pattern.
The
Cloud
price
now
trades
well
above
the
50
and
200
Simple
Moving
Averages
(SMAs)
on
the
15-minute
chart,
confirming
the
bullish
trend
to
the
upside.
Furthermore,
the
Relative
Strength
Index
(RSI)
is
climbing
above
the
oversold
region,
currently
at
79,
indicating
that
CLOUD
is
has
a
lot
of
backing
from
buyers
as
the
asset
becomes
overvalued.
The
Moving
Average
Convergence
Divergence
(MACD)
also
supports
the
bullish
trend,
as
it
climbs
above
the
neutral
line,
showing
that
Cloud
is
in
a
positive
trend.
According
to
the
Cloud
price
analysis
on
the
15-minute
chart,
the
price
shows
signs
of
a
bullish
trend
continuation,
as
the
bulls
target
$0.26.
However,
the
RSI
shows
that
the
asset
is
currently
overvalued,
which
may
prompt
the
bears
to
sell.
In
this
scenario,
CLOUD
could
go
through
a
correction,
with
the
200
SMA
acting
as
the
immediate
support
level
at
$0.19.
As
the
Cloud
price
bulls
aim
to
push
the
token
up,
other
Base
meme
coin
enthusiasts
are
buying
Base
Dawgz
(DAWGZ)
as
it
gears
up
for
its
decentralized
exchange
(DEX)
launch
on
Sept.
4,
5
p.m.
CET.
Base
Dawg
Presale
Garners
Over
$3.1
Million
–
Last
Chance
To
Buy
Before
DEX
Launch
The
Base
Dawgz
presale
ended
on
Aug.
28,
after
the
community
raised
more
than
$3.1
million.
While
the
project
is
based
on
the
Base
blockchain,
Base
Dawgz
brings
a
unique
multi-chain
experience,
offering
seamless
interoperability
across
different
blockchains
spanning
Ethereum,
Solana,
Binance
Smart
Chain,
and
Avalanche.
The
$DAWGZ
presale
has
ended!You
are
still
able
to
buy
the
token
at
listing
price
if
you
so
wish.
Please
stay
tuned
for
more
info.DEX
launch
date:
4
September
2024,
5pm
CET
????
pic.twitter.com/B9gFx6Yju6—
Base
Dawgz
(@BaseDawgz)
August
28,
2024
The
project
is
also
set
to
launch
the
“Be
Social
for
Airdrop”
campaign
to
reward
users
with
points.
All
you
have
to
do
is
use
your
X
account
to
create
and
share
memes
and
other
content
related
to
Base
Dawgz.
After
the
presale
ends,
users
will
be
able
to
exchange
these
points
for
the
project’s
native
token,
DAWGZ.
The
team
has
already
set
aside
20%
of
the
total
token
supply
for
staking.
By
staking
DAWGZ,
users
can
earn
an
impressive
736%
annual
percentage
yield
(APY).
Currently,
about
38.9%
of
the
1.69
billion
presale
tokens
have
been
staked,
indicating
that
investors
are
clearly
bullish
on
Base
Dawgz
for
the
long
run.
According
to
ClayBro,
a
YouTube
crypto
analyst
with
over
130K
subscribers,
DAWGZ
“could
create
millionaires.”
To
participating
in
the
presale,
you
can
buy
DAWGZ
tokens
for
$0.008582
each.
Purchase
DAWGZ
tokens
on
the
project’s
official
website
here
using
ETH,
USDT,
BUSD,
or
USDC.
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