Pangolin

Bitcoin

<div class="coinjournal">
 <ul>
  <li>Pangolin (PNG) surged 234% in 24 hours, hitting $0.31.</li>
  <li>Technical indicators hint at short-term correction, but bullish momentum persists.</li>
  <li>Bitcoin Dogs presale raises $4,241 in slightly over a week.</li>
 </ul>
 <p>Pangolin (PNG), the native governance token of the Pangolin DEX, has experienced an unprecedented <a rel="noopener noreferrer nofollow" title="surge" href="https://thebittimes.com/tag/surge.html">surge</a>, catapulting to multi-month highs amidst a <a rel="noopener noreferrer nofollow" title="frenzy" href="https://thebittimes.com/tag/frenzy.html">frenzy</a> surrounding a new canine-themed NFT project called Bitcoin Dogs that’s conducting the first of its kind ICO on the Bitcoin blockchain.</p>
 <p>The PNG token soared by an astonishing 234% in just 24 hours, reaching highs of $0.31 as trading volume skyrocketed by a staggering 5500% as we had highlighted in our earlier news coverage.</p>
 <div class="fr-img-space-wrap"><span class="fr-img-caption fr-fic fr-dib fr-draggable"><span class="fr-img-wrap"> <p><img decoding="async" src="https://cdn.thebittimes.com/images/2024/02/24/f20e72cacf5b3186ba0010ca970b0112.webp" class="fr-fic fr-dib" width="615" height="394"><span class="fr-inner"><em>Pangolin (PNG) price chart</em></span></p> <p></p></span></span>
  <p class="fr-img-space-wrap2">&nbsp;</p>
 </div>
 <h2 id="pangolin-png-price-a-thrilling-rally">Pangolin (PNG) price: a thrilling rally</h2>
 <p>Pangolin’s remarkable <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> <a rel="noopener noreferrer nofollow" title="surge" href="https://thebittimes.com/tag/surge.html">surge</a> marks a significant milestone for the multi-chain DEX platform, which has been gaining traction amidst the backdrop of Bitcoin’s battle to maintain the $50,000 level. The <a rel="noopener noreferrer nofollow" title="surge" href="https://thebittimes.com/tag/surge.html">surge</a> in PNG <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> is a testament to the growing enthusiasm among investors for decentralized finance (DeFi) projects, particularly those driven by community initiatives.</p>
 <p>Pangolin’s native token, PNG, has not only seen an extraordinary uptick in price but also in its trading volume. Within a day, the 24-hour trading volume catapulted by an astonishing 5500%, soaring to over $4.7 million. This surge propelled the Pangolin market cap to over $54 million, doubling within a mere 24 hours.</p>
 <p>PNG, being 100% distributed to the community without team, advisor, or investor allocations, has attracted a wave of interest, resulting in a substantial increase in daily trading volume.</p>
 <p>The recent price explosion for PNG is a departure from its struggles to breach the $0.12 mark since December. It indicates a renewed activity and optimism within the community-driven project, which has been further fueled by a new team taking the reins and outlining an ambitious roadmap for Pangolin’s comeback.</p>
 <h2 id="pangolin-price-prediction">Pangolin price prediction</h2>
 <p>As PNG continues its upward trajectory, investors eagerly anticipate its future movements. Technical indicators on the 4-hour chart suggest a potential correction in the short term, with the Relative Strength Index (RSI) indicating a cooling of buying pressure. However, the RSI line remains comfortably above its Simple Moving Average (SMA) line, suggesting that buyers still hold strength, leaving room for further upward movement.</p>
 <p>Should PNG manage to close the daily candle above the $0.19895 resistance level, it may establish a strong foundation for continued growth in the following 72 hours. Analysts predict that the Pangolin price could go as high as $0.4 by the end of next week if the token maintains the current bullish momentum.</p>
 <p>However, failure to overcome this resistance level could lead to a retracement towards the immediate support at $0.13500, potentially pushing the price back into a previous sideways channel.</p>
 <h2 id="bitcoin-dogs-frenzy-and-0dog-presale">Bitcoin Dogs frenzy and 0DOG presale</h2>
 <p>Amidst the excitement surrounding Pangolin’s <a rel="noopener noreferrer nofollow" title="surge" href="https://thebittimes.com/tag/surge.html">surge</a>, the crypto community finds itself captivated by the allure of Bitcoin Dogs, an innovative project at the forefront of the blockchain revolution. Bitcoin Dogs offers a unique blend of crypto and canine companionship, where dog lovers and crypto enthusiasts converge to trade, collect, and engage in a barking-good time.</p>
 <p>At the heart of the Bitcoin Dogs ecosystem lies the Dogaverse, a virtual playground where users can immerse themselves in a world of playful interactions and rewarding opportunities. The 10k Ordinals NFT Club adds an extra layer of excitement, allowing users to collect and trade unique digital assets within the Dogaverse.</p>
 <p>Currently, Bitcoin Dogs is hosting the 0DOG presale, the first-ever ICO on the Bitcoin blockchain. With prices climbing every 3 days, early adopters have the opportunity to secure their piece of the Bitcoin Dog pie at a favourable rate. The presale has already raised a staggering $4,241,493.33, with investors eagerly anticipating the next stage price of $0.0251.</p>
 <p>To participate in the Bitcoin Dogs ICO, visit the Bitcoin Dogs website to purchase a share of the 810 million 0DOG tokens available for the presale.</p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/pangolin-png-price-prediction-after-234-surge-in-a-day-amid-bitcoin-dogs-frenzy-tbt80685.html">https://thebittimes.com/pangolin-png-price-prediction-after-234-surge-in-a-day-amid-bitcoin-dogs-frenzy-tbt80685.html</a></p>

Pangolin (PNG) price prediction after 234% surge in a day amid Bitcoin Dogs frenzy

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