Sponge

April

Polygon

Dog (Runes)

The DOG•GO•TO•THE•MOON price dropped 4% in the last 24 hours <a href="https://www.geckoterminal.com/merlin-chain/pools/0x27f666c544a3a92ec2b88857a36a87672429ef2f" rel="noopener noreferrer nofollow">to trade at $0.002106</a> as of 03:27 a.m. EST on trading volume that plunged 8% to $8.38 million.
Despite the drop, DOG•GO•TO•THE•MOON has become the 12th largest meme coin with a market capitalization of $271 million.
<h2 id="span-style-font-weight-400-dog-go-to-the-moon-price-poised-to-rebound-over-the-falling-wedge-span">DOG•GO•TO•THE•MOON Price Poised To Rebound Over The Falling Wedge</h2>
<figure id="attachment_519435" aria-describedby="caption-attachment-519435" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="size-full wp-image-519435" src="https://insidebitcoins.com/wp-content/uploads/2024/05/DOG%E2%80%A2GO%E2%80%A2TO%E2%80%A2THE%E2%80%A2MOON_2024-05-10_11-27-40-1.png" alt="DOG•GO•TO•THE•MOON Price Chart Analysis Source: Geckoterminal.com" width="1113" height="488" srcset="https://insidebitcoins.com/wp-content/uploads/2024/05/DOG•GO•TO•THE•MOON_2024-05-10_11-27-40-1.png 1113w, https://insidebitcoins.com/wp-content/uploads/2024/05/DOG•GO•TO•THE•MOON_2024-05-10_11-27-40-1-300x132.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/05/DOG•GO•TO•THE•MOON_2024-05-10_11-27-40-1-1024x449.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/05/DOG•GO•TO•THE•MOON_2024-05-10_11-27-40-1-768x337.png 768w" sizes="(max-width: 1113px) 100vw, 1113px">
 <figcaption id="caption-attachment-519435" class="wp-caption-text">
 DOGUSD Chart Analysis Source: Geckoterminal.com
 </figcaption>
</figure>
Geckoterminal indicates that the <a href="https://www.geckoterminal.com/merlin-chain/pools/0x27f666c544a3a92ec2b88857a36a87672429ef2f" rel="noopener noreferrer nofollow">DOG•GO•TO•THE•MOON price</a> skyrocketed to an all-time high (ATH) of $0.00530 on April 25, post-launch. DOG has since been on a downward trend, falling within the confines of the falling wedge pattern.
However, the support around $0.001660 has allowed the bulls to stage a breakout above the lower boundary of the falling wedge to touch the upper boundary of the wedge.
DOG still trades below the 50-day Simple Moving Average (SMA), coinciding with the current price downtrend.
Additionally, the Relative Strength Index (RSI) trades below the 50-midline level at 44, showing that the bulls are currently not buying. However, the RSI remains in the 40–62 range, with the 40–50 zone acting as support, indicating that DOG is still in a bull market.
The Moving Average Convergence Divergence (MACD) also indicates a looming bullish rally, as it forms a bullish crossover. A bullish crossover occurs when the MACD line (blue) crosses above the signal line (orange), as seen in the chart.
Additionally, the green bars on the histogram extend above the neutral line, an indication that DOG is on a positive trajectory. The Average Directional Index (ADX) is trading above the 25 level, currently at 48, showing that DOG is still on a very strong bullish trend.
<h2 id="span-style-font-weight-400-dog-go-to-the-moon-price-prediction-span">DOG•GO•TO•THE•MOON Price Prediction</h2>
The DOG•GO•TO•THE•MOON price analysis on the 4-hour chart indicates that DOG is gearing up for a breakout above the falling wedge pattern, as the bulls target $0.0040.
However, a sustained bearish stance at this level may still push Dog further down to the support zone around $0.001719, which acts as a cushion against downward pressure.
As the bulls aim for a breakout, other investors are exploring Sponge V2, a token that aims to repeat the feat of its predecessor, Sponge V1, which recorded 100X returns last year in a bear market. At its peak, Sponge V1 even reached a market cap of $100 million.
This is among reasons why crypto analysts like Crypto Boy say that Sponge V2 could potentially soar 100X again after its imminent launch.
<iframe title="Sponge V2 Latest Update | Buy Sponge V2 to Get 100X | Sponge V2 Chart Analysis" width="640" height="360" src="https://www.youtube.com/embed/QP9kVmUAqEQ?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
<h2 id="span-style-font-weight-400-last-chance-to-buy-sponge-v2-before-exchange-listing-span">Last Chance To Buy Sponge V2 Before Exchange Listing</h2>
If you missed the Sponge surge, you have a new opportunity with <a href="https://insidebitcoins.com/visit/sponge" rel="noopener noreferrer nofollow">Sponge V2</a>.
The team phased out Sponge in early February, with over 13,000 holders moving to the more secure and cost-efficient V2 on the Polygon Network. Sponge V2 comes as an upgraded version of its predecessor, promising more significant rewards and a better ecosystem.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 You still have a chance with <a href="https://twitter.com/hashtag/SpongeV2?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SpongeV2</a>… don't miss out again 💦<a href="https://twitter.com/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SPONGE</a> <a href="https://twitter.com/hashtag/MemeCoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#MemeCoin</a> <a href="https://twitter.com/hashtag/Bullish?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bullish</a> <a href="https://t.co/HuKpH3JTFI" rel="noopener noreferrer nofollow">pic.twitter.com/HuKpH3JTFI</a>
 — $SPONGE (@spongeoneth) <a href="https://twitter.com/spongeoneth/status/1770012383127183515?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 19, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Sponge V2’s roadmap is filled with promising developments, which include upcoming top-tier exchange listings.
Traders also have an opportunity to earn passive income through their tokens. They can <a href="https://insidebitcoins.com/visit/sponge" rel="noopener noreferrer nofollow">buy and stake $SPONGE V2 tokens</a>, earning an impressive annual percentage yield (APY) of 163% on Ethereum and 338% on the Polygon Network.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Exciting staking update! 🔥
 Over 9.8 billion <a href="https://twitter.com/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SPONGE</a> tokens are staked, valued at over $18.5 million! 💰
 Now is the perfect time to stake your <a href="https://twitter.com/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SPONGE</a> and earn passive rewards.
 Don't miss out ! 🧽💸<a href="https://t.co/fz33NRaf3G" rel="noopener noreferrer nofollow">https://t.co/fz33NRaf3G</a>
 <a href="https://twitter.com/hashtag/Sponge?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Sponge</a> <a href="https://twitter.com/hashtag/CryptoStaking?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#CryptoStaking</a> <a href="https://t.co/4s27AjWh12" rel="noopener noreferrer nofollow">pic.twitter.com/4s27AjWh12</a>
 — $SPONGE (@spongeoneth) <a href="https://twitter.com/spongeoneth/status/1782726170892456249?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 23, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
The platform is also poised to launch a play-to-earn racer game, available in both paid and free versions, where users get to engage in racing competitions and earn token rewards.
To join the presale, <a href="https://insidebitcoins.com/visit/sponge" rel="noopener noreferrer nofollow">you can buy the Sponge V2 tokens on the official website here</a>. Link your digital wallet to swap your ETH or USDT for V2 tokens. You can also buy directly using your bank card.&nbsp;
<h2 id="span-style-font-weight-400-related-news-span">Related News</h2>
<ul>
 <li style="font-weight: 400;"><a href="https://www.linkedin.com/pulse/next-crypto-explode-unveiling-potential-market-shaker-calsona-hmwze" rel="noopener noreferrer nofollow">Next Crypto to Explode: Unveiling the Potential Market Shaker of 2024 🚀💥</a></li>
 <li style="font-weight: 400;"><a href="https://www.linkedin.com/pulse/best-altcoins-invest-unveiling-top-picks-maximum-returns-calsona-9ceye" rel="noopener noreferrer nofollow">Best Altcoins to Invest In: Unveiling Top Picks for Maximum Returns!</a></li>
 <li style="font-weight: 400;"><a href="https://insidebitcoins.com/buy-cryptocurrency/how-to-buy-book-of-meme" rel="noopener noreferrer nofollow">How to Buy Book of Meme (BOME) – Best Exchanges Reviewed</a></li>
</ul>

DOG•GO•TO•THE•MOON Price Prediction: DOG Is The 12th Largest Meme Coin Despite 4% Plunge As This 2.0 Crypto Aims to 100X Again

Table of Contents

Inside Bitcoins

Other articles published on May 10, 2024

Hottest Solana Meme Coin Nearly Raises $400k in Presale – Next Big Thing?

Ekosistem Shiba Inu Melesat Bersama Para Bull, Siap Naik Lebih Tinggi?

Bitcoin and Ethereum Continue to Lead the Crypto Market

EigenLayer’s $15B Token Launch Sparks Division for Excluding US, China

Bitcoin, Ethereum, Dogecoin Surge After Jobless Claims Data Boosts Risk-On Sentiment: Analyst Won...

Bitcoin Bearish Signal: Analyst Predicts Potential Dip To $52,000

Join our free newsletter for daily crypto updates!