Come join us Telegram channel to stay up to date with the latest news
Dogwifsaudihat price fell over 71% over the past 24 hours, trading at $0.000421 as of 4:20 AM EST, while trading volume fell over 30%.
The WIFSA drop comes as the cryptocurrency market continues to bleed, with altcoins able to withstand the weight of the Bitcoin price drop. For the Dogwifsaudihat price, the meme coin fell to an all-time low of $0.000226 before recouping some losses.
Dogwifsaudihat Price Outlook Amid Broader Market Crash
Amid continued market weakness, the odds are tilting ever further in favor of the downtrend. Several technical indicators continue to flash bearishly. Starting with the immediate resistance due to the 50-day Simple Moving Average (SMA) at $0.000817. The downward trend of this moving average shows that it is the path with the least resistance.
In addition to the 50-day SMA, the Relative Strength Index (RSI) is also below the 50-average level. Also, the Awesome Oscillator (AO) and the Moving Average Convergence Divergence (MACD) are in negative territory. It indicates a prevailing bearish sentiment in the WIFSA market, further tilting the odds in favor of the downside.
With such prospects, investors should not be surprised to see Dogwifsaudihat price drop further and note a lower bottom below $0.000222. This is even worse when combined with the fact that the broader market is bearish. Ethereum, the king of altcoins, has fallen below $3,000,
TradingView: 30 minute WIFSA/USDT chart
Reverse case
On the other hand, given the MACD’s position above the orange band of its signal line, a bullish cycle could emerge. While a recovery above the 50% Fibonacci placeholder of $0.001188 would be a good move, the bearish thesis would only be debunked if WIFSA price reaches a psychological level above $0.002000. A move above this base would bring more buy orders, increasing the chances of Dogwifsaudihat price regaining the $0.002155 peak.
With meme coins struggling, some experts say the DOGEVERSE presale is the way to get ahead of International DOGE Day and Bitcoin’s halving on April 20.
Promising alternative to Dogwifsaudihat
Dogeverse is the latest entrant into the meme coin space, presenting a multichain ICO. It joins crypto’s long line of Shiba Inu-inspired fun tokens, aiming to appeal to meme fans, swordsmen, and crypto evangelists alike.
The appeal of Dogeverse lies in its cross-chain capabilities that give an idea of what the meme coins of tomorrow will look like.
The multi-chain deployment mechanism allows investors to interact with the Dogever ecosystem in any way they see fit.
Those who want more accessibility can opt for Ethereum. Scalability seekers can go for Avalanche. Affordable crypto watchers can use the Solana or Polygon blockchains.
Base is suitable for those looking for something new, and for those looking for a more utility-oriented ecosystem in Dogeverse, BNB Chain is the right choice.
The Doggerse mascot, Cosmo the Doge, is an adorable little mutt “born with the unique ability to hyper-jump among the stars of the crypto universe.”
Cosmo wants to unite #Crypto meme fans, who run multiple chains. 🚀
In six #BlockchainsCosmo lights up #DEX, #CEXand meme hubs. 💫
Through intergalactic alignment, Cosmo is reshaping the definition of what’s trending @DEXToolsApp! 🔥 pic.twitter.com/xcZvl74rX9
— DogeVerse (@The_DogeVerse) April 15, 2024
Dogeverse tokens can be staked to earn passive rewards with an annual return of 157%. More than 10.162 billion DOGEVERSE tokens have been staked to date.
Dogeverse has raised $6.7 million in less than 10 days and is now priced at $0.000297 per token. But the price will increase within 27 hours, so buy now if you’re interested.
Visit and purchase Dogeverse here on the official website.
Also read:
Dogeverse – Multichain Meme Coin
- Early access presale now live
- Bridge to Solana, base, BNB chain, polygon, avalanche
- Staking Rewards – thedogeverse.com
- Trade at low costs
- The world’s first chain traveling Doge – Cosmo
Come join us Telegram channel to stay up to date with the latest news