Token

bullish

Captain

DOGS

<ul class="wp-block-list news-points">
 <li>Captain Faibik identifies a breakout for DOGS token from a falling wedge pattern.</li>
 <li>The analysis suggests a potential 40% rally in the short term.</li>
 <li>DOGS trades at $0.00104, a 2.03% increase today, though down 34% over the last two weeks.</li>
</ul>
Crypto analyst Captain Faibik sees a potential bullish rally for the DOGS token, a major dog-themed meme coin built on the Telegram-backed Toncoin (<a href="https://coinedition.com/ton-blockchain-suffers-outages-as-dogs-transactions-surge/" rel="noopener noreferrer nofollow">TON</a>) network. Faibik anticipates a <a href="https://x.com/CryptoFaibik/status/1831566892126933165" target="_blank" rel="noopener noreferrer nofollow">40% price surge</a> once the token breaks out of a descending trendline on the hourly chart.
Notably, the recently launched token has been a key meme coin in onboarding more users into Web3, reaching a milestone of a million on-chain holders in less than seven days of official trading on centralized exchanges, including Binance and Bybit.
This user base propelled DOGS into mid-cap altcoin territory, with a fully diluted valuation of roughly $575 million and a daily average traded volume exceeding $540 million, according to CoinmarketCap.
However, the late-August frenzy that boosted <a href="https://coinedition.com/dogs-price-prediction/" rel="noopener noreferrer nofollow">DOGS’ value</a> was followed by a Bitcoin-led correction phase that impacted altcoins, including DOGS. Specifically, DOGS hit an all-time low of $0.0009769 on Wednesday, a …
The post <a href="https://coinedition.com/dogs-token-set-for-40-price-surge-to-0-00147-says-top-analyst/" rel="noopener noreferrer nofollow">DOGS Token Set for 40% Price Surge to $0.00147, Says Top Analyst</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

DOGS Token Set for 40% Price Surge to $0.00147, Says Top Analyst

Coin Edition

Other articles published on Sep 5, 2024

Telegram Founder Pavel Durov's Arrest: A Closer Look at the Charges

Polygon Productions, The World’s Most Immersive 360° Live Sound Experience Set to Debut at AFTER ...

Can XRP Reach $1 Despite Ongoing Ripple Lawsuit Delays?

Will Bitcoin and Altcoins See Another September 4th Decline, Following the July and August Patterns?

1win Successfully Launches 1win Token: A New Digital Asset for the Broader Blockchain Ecosystem

Next Cryptocurrency to Explode Wednesday, September 5 — Neiro Ethereum, Curve DAO Token, Ravencoi...

Join our free newsletter for daily crypto updates!