DOGS coin price has fallen down by more than 22% in the last 24 hours, Due to which it is trading at $0.001243.
DOGS coin price has fallen by more than 22% in the last 24 hours, which it is trading at $0.001243. Due to this sharp fall, traders have sold their holdings. After falling from an intraday high of $0.001733 to a 24-hour low of $0.001159, DOGS has recovered a bit but is still under pressure.
Despite this decline, DOGS managed to break out of a short-term bearish channel and has entered a consolidation pattern between $0.001087 and $0.001582. This sideways movement could set the stage for a significant price move. If DOGS breaks to the upside, it may attempt to turn the $0.001582 resistance into support, Which could pave the way for a rise to the next major resistance level of $0.002090.
Potential Risks Still Loom for DOGS
DOGS coin price is still in danger. If it fails to break the resistance at $0.001582, the price may drop to the support at $0.001087. If it drops below this support, the price may continue to decline further within the descending price channel.
Base Dawgz (DAWGZ): The New Meme Coin on the Block
The DOGS coin price continues to decline, leading investors to look to a new meme coin called Base Dawgz (DAWGZ). DAWGZ aims to be just as successful as its predecessor, Brett, and it offers a special feature: easy cross-chain transactions. Although it is based on the layer-2 base network, DAWGZ is also available on other major networks such as Avalanche, Solana, Ethereum, and Binance Smart Chain.
This cross-chain functionality is powered by wormhole and portal bridge technology, allowing DAWGZ holders to access various DeFi yield opportunities on multiple blockchains. The coin’s presence on multiple chains and its utility has attracted the attention of analysts and experts. Popular crypto YouTuber Claybro predicts that DAWGZ could be the next big thing after DOGS coin price fall in the crypto world.
Last Chance to Get DAWGZ at ICO Prices
The DAWGZ presale is set to end within the next 48 hours, having already raised over $3 million. Investors should act quickly to secure the token at the presale price $0.008173 and take advantage of the 777% APY offered for staking. DAWGZ can be purchased using a variety of cryptocurrencies, including BASE, SOL, ETH, BNB or AVAX, and can be staked through the project’s website to unlock higher APYs.
DOGS coin price: Conclusion
DOGS is struggling. Investors are now looking at a new meme coin called DAWGZ. DAWGZ is special because it can be used on many different blockchains. DAWGZ is selling fast and could be a good investment. You should buy it before it’s too late.
Also Read- DOGS Pre-Market: A Crucial Glimpse Into Stocks Performance