As a seasoned crypto investor with over a decade of experience, I’ve seen my fair share of market volatility and meme coin mania. The recent surge in DOGS price has definitely caught my attention, especially considering its association with Binance, one of the most influential players in the crypto world.
The cryptocurrency world is buzzing about a fresh meme coin named DOGS, which operates on the TON blockchain. Cryptocurrency fans are intrigued by its impressive trajectory. The worth of DOGS is climbing steadily, suggesting a strong bullish trend. This growth spike aligns with a significant upswing in Toncoin‘s value too. Excitement for possible profits has escalated following Binance‘s recent announcement regarding DOGS.
DOGS Price Surges Following Latest Binance Announcement
Binance is planning to broaden its services by introducing a new DOGSUSD COIN-M perpetual contract, which allows up to 20 times leverage. Moreover, Binance Futures aims to present USD-margined perpetual contracts for NULS and DOGS, offering up to 75 times leverage.
Binance Launchpool has added Dogecoin (DOGS) to its offerings, allowing users to earn DOGS by holding BNB and FDUSD tokens as part of a farming process. This move underscores Binance’s dedication to broadening their financial services and boosting user interaction by providing unique trading experiences that are forward-thinking.
DOGS Price Forecast: Will the MEME coin Hit $0.002?
In the last 24 hours, the prices of popular crypto memes have shown significant changes. For instance, DOGS reached a low of $0.0009972 and a high of $0.001113, suggesting a turbulent market situation. This price spike coincides with an uptrend in other cryptocurrencies, resulting in a broader market upswing.
currently, during U.S. trading, the price of DOGS was $0.001054, marking a 5.36% increase compared to the previous day. This impressive rise occurred not long after the token hit its record low of $0.0009377, indicating a notable recovery amidst fluctuating trading activity.
On Binance, the 4-hour technical analysis of DOGS‘s pricing suggests a somewhat ambiguous trend. Specifically, the Moving Average Convergence Divergence (MACD) line has a slight bearish crossover with its signal line, implying a potential brief drop in price.
In simpler terms, the Relative Strength Index (RSI) currently stands at 51. This means the market isn’t showing signs of being either overbought or oversold, suggesting that the price may be leveling off following its recent ups and downs.
At present, the cost of DOGS is climbing steadily, displaying a strong upward trajectory following recent price hikes. The leading altcoin is nearing a resistance point at 0.0012 USD. If it manages to surpass the 0.0015 mark, we could expect further growth.
If DOGS experiences increased demand, it might surge towards 0.0017 and potentially reach 0.002, provided the positive trend continues. This implies a robust bullish forecast for DOGS in the trading arena.
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2024-09-10 18:55