Dog (RUNES) Price Prediction: DOG Tops Meme Coin Gainers With 28% Leap As Pepe Unchained Targets $20 Million In Presale
Release: 2024/10/12 00:03 Reading: 303
Dog (RUNES) Surges 28%
The Dog (RUNES) price has escalated by 28% within the past 24 hours. As of 7:20 a.m. EST, it trades at $0.005079, with a 153% surge in trading volume, amounting to $23 million.
This price surge has propelled DOG to the top spot among the leading 100 meme coins based on market capitalization, as reported by CoinMarketCap.
Dog (RUNES) Price Uptrend Continues
Over the past four hours, the Dog (RUNES) price has traded at $0.005194, representing an 11.84% increase. The price action forms a rounded bottom pattern, signaling a bullish reversal from a downtrend to an uptrend.
The price has breached the neckline resistance level of $0.004400 following a consolidation period, indicating the commencement of a potential upward trend.
Technical Analysis
The 200-period Simple Moving Average (SMA) at approximately $0.003131 serves as a significant long-term support level. The 50-period SMA at $0.003814 provides more immediate support, suggesting that the momentum is favorable for bulls as the price remains above these levels.
The RSI (Relative Strength Index), currently at 76.52, indicates the asset is in an overbought zone. This may lead to consolidation or a pullback in the near term. An RSI above 70 typically suggests excessive buying pressure, and a brief correction may occur before the Dog(RUNES) Price resumes its upward trajectory.
Bullish Outlook for Dog (Runes) Price
The breakout from the rounded bottom pattern signifies a bullish outlook, with a possible next target at around $0.006000 if the rally persists. However, if the bullish momentum weakens, the price may retrace to the neckline at $0.004400 or seek support at the 50 SMA of $0.003814.
Despite the robust upside potential, the overbought RSI suggests a short-term correction may occur before further upward movement.
Pepe Unchained Presale Surges
Concurrent with the surge in the Dog (RUNES) price, Pepe Unchained (PEPU), a layer-2 meme coin competitor, has surpassed $18.7 million in funds raised through its presale.
The 99 Bitcoins YouTube channel, with over 706k subscribers, anticipates a 10X surge for $PEPU following its launch.
Pepe Unchained: Ambitious Project with Technological Focus
The Pepe Unchained project has ambitious goals, primarily centered on developing a dedicated Layer 2 blockchain called Pepe Chain. This blockchain will offer swift and secure transactions, featuring a dedicated block explorer to enhance functionality.
According to the project's white paper, Pepe Chain is designed specifically for meme coins and is projected to be up to 100 times faster than Ethereum. It also aims to be more affordable and scalable.
Pepe Unchained's L2 Solution Benefits
The benefits of Pepe Unchained's L2 solution extend beyond speed and efficiency. The platform will encompass a range of tools, including a block explorer for transaction tracking, a decentralized exchange (DEX) for seamless token swaps, an instant bridge to Ethereum, and advanced analytics for in-depth insights.
PEPU Launches "Frens with Benefits" Program
To attract blockchain developers, the project will launch its "Frens with Benefits" program this quarter, offering grants and rewards on the new L2 chain. This initiative aims to foster a vibrant ecosystem of decentralized applications (DApps) on the network from its inception.
$PEPU tokens are currently priced at $0.00996, and investors have the option to stake them for an annual return of 117%.
Investors interested in participating in one of the year's most successful presales are encouraged to acquire $PEPU before an imminent price increase within 36 hours.
PEPU tokens can be purchased on the official website using $ETH, $USDT, $BNB, or bank cards.
Recent news
More>- Best Wallet Soars Past $1M In Private Sale As Public Presale Starts Today For Web3 Wallet Built For 2024 Bull Run 11-26
- Massive PEPE Whale Sells 130 Billion Tokens: Price Faces Downward Pressure 11-25
- Pump.fun bot nets $6.8M profit with memecoin sniping success 11-25
- Singapore Gulf Bank Plans $50 Million for Stablecoin Payments 11-25
- From Meme to Millions: These 3 Altcoins Are Set to Outperform Shiba Inu With 5,000% Gains! 11-25
- DOGE and SOL Lead Crypto’s Bullish Trend With Record Gains 11-25
- PEPE Faces Crucial Resistance Amid Price Stagnation 11-25
- Solana Memecoin Bullish Pepe to Skyrocket 18,000% Before Exchange Listing, As Bonk and SHIB Drop 11-25
- President Donald (PRESDON) Will Explode Over 15,000% Before Exchange Listings, While Shiba Inu and Dogecoin Lag 11-24
Selected Topics
More>>-
- pepecoin Price Analysis
- This topic provides articles related to PepeCoin price, covering key PepeCoin insights and analysis
-
- pepe:meme star
- This topic provides articles related to the most promising meme, PEPECOIN, a project with the potential to become a mainstream digital currency. It has the advantages of decentralization, reliability, ease of use, fast speed, low cost and scalability, and is expected to be more widely used in the future
-
- pepecoin price prediction
- We’ve gathered facts about pepecoin’s success story and provided a pepecoin price prediction
Selected Articles
More>>- 1 Avalanche and Aptos rival raises over $600k in 2 weeks
- 2 Crypto Prices Today: Market Continues Rally With BTC, Pepe Coin, SEI Rising
- 3 Major Analyst Crypto Tony Bullish on These Meme Coins, But One Stands Out
- 4 MTAUR Ready to Crush DOGE and PEPE: 100x Price Growth Incoming?
- 5 Memecoins Surge in 2024, Popcat Leads with 7,621% YTD Gain, Outshining Top Crypto Tokens
- 6 PEPE Meme Coin Smashes ATH – See How Much an $83 Investment in Pepe Coin Last Year is Worth Now
- 7 Top 4 Altcoins At 70% Discounts – Last Chance!
- 8 Dogecoin Creator Proposes DOGE to NBA Legend Scottie Pippen
- 9 Top Analyst Who Predicted Dogecoin (DOGE) Last 170x Rally Forecasts New Parabolic Rise, Here’s His Price Target
- 10 New Solana Memecoin Trump Loves Elon to Rally 15,000% Before Exchange Listing, SHIB and Bonk Crash
ABOUT US
We are building the most influential，trusted information platform for aglobal community engaged in thd transformation of the financial system andthe emerging crypto economy.PEPE is an integrated platform for media,events,data & indices for the next generation fo investing and the future of money.
Get in touch with the PEPE team at admin@pepecoinbuy.com