Cat In A Dogs World Price Prediction: MEW Pumps 4% As This DOGE 2.0 Rival Hurtles Past $5.8 Million - Next Crypto To Explode?

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The Cat In A Canine World worth surged 4% within the final 24 hours to commerce for $0.007576 as of 03:50 a.m. EST on buying and selling quantity that plunged 12%.

It comes as markets stay in a lull, with the Bitcoin worth down 0.65%.

Crypto costs stay on edge with Bitcoin at $66,800 and altcoins barely up. Keep watch over Poodlana, Mom Iggy, and Cat in a Canine World! 🚀 #CryptoMarket #Bitcoin

— Development-Course.com (@Trend_Direction) July 23, 2024

Some ascribe the surge within the Cat In A Canine World worth to Korean merchants because the cat-themed token rose throughout the Asian session.

$MEW large breakout 🚀

Koreans are bidding exhausting on $MEW

$1B is coming quickly for MEW. pic.twitter.com/fUwkAbva2l

— Ted (@TedPillows) July 22, 2024

Cat In A Canine World Value Prediction

The Cat In A Canine World worth is buying and selling with a bullish bias after a robust transfer north beginning in mid-July. It continues to carry above the 23.6% Fibonacci retracement degree of $0.007530, with prospects for extra positive factors.

Trying on the Relative Energy Index (RSI), which continues to carry effectively above the imply degree of fifty%, bullish momentum abounds. The Shifting Common Convergence Divergence (MACD) can also be effectively above its sign line (orange band), pointing to robust shopping for stress relative to vendor momentum. Its histogram bars are additionally flashing inexperienced, signifying robust bullish sentiment within the MEW market.

With this, the Cat In A Canine World worth might prolong the climb, reclaiming the height of $0.009290. In a extremely bullish case, it might clear this native high, extending the climb to the vary excessive of $0.010467, final examined on March 31.

GeckoTerminal: MEW/USD 1-day chart

Conversely, contemplating the RSI place above 70, at 77, the MEW token is already massively overbought. Whereas a pullback or correction appears imminent, the cat-themed token might not be ripe for promoting simply but.

In line with Welles Wilder, a technical evaluation, an asset is taken into account ripe for promoting when the RSI crosses under the edge of 70.

Based mostly on the Fibonacci indicator, a drop might ship the Cat in a Canine World worth might retrace the 38.2% Fibonacci retracement degree of $0.006441. An prolonged drop might ship the MEW worth to the 50% Fibonacci placeholder of $0.005562. Nonetheless, the bullish thesis would solely be invalidated upon a break and shut under the $0.003000 psychological degree.

In the meantime, Crypto YouTuber Jacob Bury says traders would possibly contemplate diversifying into the Dogecoin spinoff presale PlayDoge (PLAY) for 10X potential positive factors after it launches.

Promising Different To Cat In A Canine World

PLAY is the powering token for the PlayDoge ecosystem, a undertaking that claims it’s the very best play-to-earn (P2E) DOGE companion recreation. It’s a mobile-based P2E recreation that transforms the enduring Doge meme right into a Tamagotchi-style digital pet.

Ecosystem members play by means of traditional 8-bit side-scrolling adventures whereas embracing 90s nostalgia to earn crypto. You get pleasure from financial incentives primarily based on how effectively you take care of your pet.

The undertaking runs on the BNB chain, delivering advantages corresponding to decrease charges and sooner transactions. The BNB chain is well-known for ecosystem help, interoperability, scalability, and neighborhood adoption.

If you need to hitch traders who’ve already pumped greater than $5.8 million into PLAY, you should purchase its tokens for $0.00521 every. However with a worth hike coming in about 2 hours, purchase now to safe the very best deal.

Purchase PlayDoge on the official web site right here.