DOGS Price Plummets 22% As Traders Shift Focus To This Base Meme Coin With Time Running Out

The
DOGS
price


plummeted

more
than
22%
in
the
last
24
hours
to
trade
at
$0.001243
as
of
11:35
p.m.
EST
as
traders
dump
their
holdings
in
the


meme
coin

on
the
market.

Throughout
the
past
day
of
trading,
the
crypto
dropped
from
an
intraday
high
of
$0.001733
to
a
24-hour
low
of
$0.001159.
It
has,
however,
since
recovered
to
trade
at
its
current
level.

The
DOGS
Price
Escapes
A
Bearish
Channel

1-hour
chart
for
DOGS/USD
(Source:


GeckoTerminal)

The
DOGS
price
was
able
to
escape
a
short-term
negative
channel
in
the
last
couple
of
hours.
Now,
the
meme
coin
finds
itself
in
a
consolidation
pattern
between
$0.001087
and
$0.001582.
This
period
of
sideways
trading
might
be
the
precursor
to
a
big
move.

Should
DOGS
break
out
towards
the
upside,
the


crypto

could
attempt
to
flip
the
$0.001582
resistance
into
support.
Thereafter,
the
meme
coin
might
have
the
technical
foundation
needed
to
keep
rising
in
the
following
few
hours.
Traders
could
subsequently
push
the
DOGS
price
to
the
next
major
barrier
at
$0.002090.

The
DOGS
Price
Still
At
Risk
Of
Falling
Further

On
the
other
hand,
the
DOGS
price
getting
rejected
by
the
$0.001582
resistance
in
the
coming
few
hours
might
invalidate
the
bullish
thesis.
In
this
alternative
scenario,
the
crypto
might
be
at
risk
of
testing
the
immediate
support
level
at
$0.001087.
A
drop
below
this
technical
crutch
could
then
put
DOGS
at
risk
of
plunging
back
within
the
descending
price
channel.

While
the
DOGS
price
attempts
to
reverse
its
current
bearish
trend,
investors
are
rushing
to
buy
the
new
Base
meme
coin


Base
Dawgz
(DAWGZ)

before
its
presale
ends.

A
Chain-Hopping
Base
Meme
Coin

Base
Dawgz
(DAWGZ)
is
a
new
base
meme
coin
that
aims
to,
at
the
very
least,
repeat
the
success
of
its
predecessor
Brett.
What
sets
DAWGZ
apart
is
the
seamless
cross-chain
transaction
experience
that
it
grants
its
token
holders.

Although
the
meme
coin
calls
the
layer-2
Base
network
its
home,
the
crypto
also
has
a
presence
on
multiple
other
networks.
The
list
of
support
blockchains
includes
some
of
the
most
active
and
liquid
networks
currently
in
the
Web3
space,
namely
Avalanche,
Solana,
Ethereum
and
the
Binance
Smart
Chain.

DAWGZ’s
high
levels
of
interoperability
are
achieved
through
its
integration
with
Wormhole
and
Portal
Bridge
technology.
Investors
are
subsequently
able
to
participate
in
any
DeFi
yield-generating
opportunities
that
may
present
themselves
on
the
supported
networks
as
soon
as
they
emerge.

Base
Dawgz’s
multi-chain
presence
and
its
unprecedented
levels
of
utility
have
excited
analysts
and
experts.
One
individual
that
is
bullish
on
the
project
is
popular
crypto
YouTuber
ClayBro.
In
a
video
to
his
130,000
subscribers,
he
said
that
DAWGZ
has
what
it
takes
to
create
the
next
wave
of
crypto
millionaires.

Time
Is
Running
Out
For
Investors
To
Get
DAWGZ
At
ICO
Prices

DAWGZ’s
presale,
which
has
raised
over
$3
million,
is
set
to
end
within
the
next
48
hours.
With
time
ticking
away,
investors
will
want
to
hurry
to
acquire
the
token
at
its
presale
price
of
$0.008173
and
get
in
on
the
777%
APY
on
offer
to
anyone
who
stakes
their
tokens
at
this
early
stage.

We
reached
3
million,
DAWGZ!!!

And
we
are
going
to
end
the
presale
soon.
More
details
to
follow
soon
????

pic.twitter.com/1frFvcX6HV

—
Base
Dawgz
(@BaseDawgz)

August
24,
2024

Anyone
that
wants
to
gain
access
to
these
rewards
can
purchase
DAWGZ
via
the
simple
buy
widget
embedded
on
its
site.
Given
its
multi-chain
presence,
the
meme
coin
can
be
bought
using
either
BASE,
SOL,
ETH,
BNB
or
AVAX.
Once
purchased,
the
tokens
need
to
be
locked
up
through
the
staking
page
on
the
website
to
unlock
the
high
APY.

Purchase
and
stake
DAWGZ
for
the
777%
APY
before
its
presale
ends.

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