“Dog Goes to the Moon”: DOG became the biggest winner with a 26% increase, while DOGE derivative coin ICO soared.

The price of DOG•GO•TO•THE•MOON has surged 26% in the past 24 hours to $0.009579 as investors have flocked to buy the meme coin.
DOG’s price has seen the biggest gain among the top 100 cryptocurrencies by market cap over the past 24 hours. Kaspa (KAS) is the second-largest gainer among altcoins, gaining more than 15%.
DOG•GO•TO•THE•MOON price attempts to break through resistance
On the 4-hour chart, DOG•GO•TO•THE•MOON price has formed a series of higher highs and lower lows, forming a positive trend line. DOG is now attempting to break out of the $0.009745 resistance level.
Breaking through this threshold could provide a basis for the cryptocurrency to continue rising, with the DOG•GO•TO•THE•MOON price then potentially attempting to set new all-time highs.
On the other hand, if it is rejected by the $0.009745 resistance level in the next 12 hours, it may invalidate the bullish view. In this alternative scenario, DOG may test the immediate support level of $0.008330.
This will be a critical price point as it coincides with the positive trendline present on the DOG chart. Therefore, if the DOG•GO•TO•THE•MOON price loses the $0.008330 support, it could be at risk of plummeting to the next critical level of $0.006505 in the near term.
DOG•GO•TO•THE•MOON price supported by bullish indicators
Technical indicators on DOG’s 4-hour chart show that DOG•GO•TO•THE•MOON price could find bullish support and continue to climb over the next 24 hours. Both the relative strength index (RSI) and the moving average convergence divergence (MACD) indicators are showing bullish signs.
Bulls have gained an advantage over bears over the past 24 hours, as can be judged by the fact that the RSI line has crossed above its Simple Moving Average (SMA) line during this period. Traders often view this as a sign that the cryptocurrency is showing bullish strength. The RSI line is also showing a positive slope, which could indicate that bullish strength is building.
Meanwhile, the MACD line has also crossed above the MACD signal line in the past 24 hours. This could indicate that DOG•GO•TO•THE•MOON has entered a positive trend and its price could rise in the next 24 hours.
With DOG showing strong bullish signs, investors may start allocating funds into other canine-themed altcoins such as PlayDoge (PLAY) for additional yield.
Reviving a beloved classic game
PlayDoge is one of the latest canine-themed cryptocurrencies to enter the memecoin space. Although the cryptocurrency’s mascot has some connection to Dogecoin, PlayDoge’s growth potential far exceeds that of the original memecoin.
PlayDoge aims to modernize the once-popular Tamagotchi companion game. In the 90s, the Tamagotchi device was a viral success, but the player experience was somewhat limited. After a period of time, the virtual companion would die, forcing the player to start over with a new pet.
Through a combination of blockchain and smartphone technology, PlayDoge seeks to modernize the once-popular game and address its initial shortcomings.
In addition, the application of blockchain technology enables game design to revolve around a reward-based incentive economy. PLAY tokens will act as a value transfer and transaction layer in the game, and feeding, training, and other nurturing activities will be rewarded.
Therefore, the more players interact with their pets, the more rewards they have a chance to receive.
Investors are betting big on PLAY
In just one week, PLAY’s ICO raised $1.7 million in investment.
In addition to potential speculative opportunities, those who purchase PlayDoge will also have access to profitable staking opportunities. Pre-sale investors can lock up their tokens and receive an annualized yield of 175%.
Analysts are also bullish on the new meme coin. Crypto YouTuber Jacob Bury recently analyzed the cryptocurrency’s potential to generate huge returns for investors, saying it has the potential to generate 10x gains after its launch.
Anyone who wants to take advantage of this opportunity can do so through the easy purchase widget embedded on the project's official website. PLAY is priced at $0.00502 and can be purchased using BNB, ETH, USDT, or a bank card. However, investors need to hurry because in less than 44 hours, the token's price will rise.
Purchase and pledge PLAY here to get an annualized return of up to 175%.
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