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doginme Price Soars Amid Coinbase Listing, BTC Bull Token Gains Traction

The price of doginme increased 64% after its Coinbase listing, currently trading at $0.001321. A resistance level of $0.001393 is imminent, with potential for gains or declines depending on market momentum. Meanwhile, BTC Bull Token aims to reward holders with Bitcoin as it gains traction, having raised over $4.3 million from its presale.

The price of doginme (DOGINME) surged by over 64% within 24 hours, reaching $0.001321. This spike follows Coinbase’s recent announcement regarding the inclusion of doginme on its trading platform effective March 31. Alongside doginme, Coinbase also supports Keyboard Cat (KEYCAT) on the Base network, cautioning users against transferring these assets over incorrect networks to avoid potential losses.

Currently, doginme is attempting to breach a significant resistance level at $0.001393. A successful candle close in the next 12 hours above this point could facilitate further gains, potentially increasing towards $0.001636. In contrast, failure to hold above this threshold might prompt a decline, testing immediate support at $0.001184 and possibly dropping as low as $0.000965.

Technical indicators reveal a potential upcoming correction for doginme. Presently, the Relative Strength Index (RSI) has plateaued in the high 60s, suggesting increased downside risk, leading traders to consider short positions. Simultaneously, the MACD line indicates waning bullish momentum, and if a crossover occurs, it may signal a negative trend, supporting a test of the $0.001184 support.

Amidst the doginme price activities, interest has also surged for a new meme coin, BTC Bull Token (BTCBULL). This token, known for its Bitcoin-themed incentives, anticipates rewarding holders with airdrops as Bitcoin ascends towards significant price milestones. Predictions of BTCBULL potentially surging tenfold post-launch further augment investor interest.

BTC Bull Token aims to support Bitcoin’s value growth, offering Bitcoin airdrops at various price milestones. The next planned airdrop will occur when Bitcoin reaches $150K, with subsequent airdrops every $50K increase. Additionally, token burns will commence at the $125K threshold, ensuring scarcity and upward price pressure for BTCBULL.

The project has garnered substantial attention, raising over $4.3 million during its presale. The bullish outlook from influencers such as 99Bitcoins highlights the project’s appeal, with BTCBULL available for $0.00244, purchasable via crypto or bank card. Investors are advised to act swiftly, as there will be incremental price increases in the presale phase.

The recent surge in doginme’s price, alongside its listing on Coinbase, highlights significant interest in meme coins. Meanwhile, BTC Bull Token is capturing investor attention with its innovative structure offering Bitcoin rewards. However, technical indicators suggest that both tokens may face volatility in the near future, urging traders to proceed with caution in this dynamic market.

Original Source: insidebitcoins.com

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