GEGE price soared 264%, analysts said this new ICO based on Base may grow 100 times

GEGE price surged by 264% in the past 24 hours, trading at $0.01484 with a trading volume increase of 232%.

This comes amid a possible listing on the BitMart exchange, a development that tends to drive asset prices through speculation and FOMO (fear of missing out).

A new listing on a major exchange can provide easier access to a wider range of traders and investors and improve liquidity.

Listing on a reputable exchange can also enhance a cryptocurrency’s visibility and credibility in the market, increasing its legitimacy.

GEGE Price Prediction

GEGE price is trending in the bulls direction and is consolidating within a bullish technical pattern. However, on the one-hour timeframe, GEGE holders are actively taking profits. This can be seen from the red candlesticks testing the lower border of the channel.

Looking at the relative strength index (RSI), this momentum indicator has recorded lower highs, indicating that buying pressure is decreasing. Similarly, the moving average convergence divergence indicator (MACD) executed a sell signal, crossing below the signal line (orange band). Traders who follow this sell signal may see the downtrend of this coin continue.

However, to invalidate the bull thesis, GEGE price would have to decline, recording a candlestick close below $0.00738. In an extreme case, such a decline could push this alternative coin below the $0.00346 threshold.

On the other hand, if the bulls gain momentum, the GEGE price could break above the strong resistance at $0.01484. This barrier is marked by equal highs and is crucial for the upside potential of this alternative coin. This is why the GEGE price has been rejected multiple times before.

Meanwhile, cryptocurrency analyst Jacob Bury suggested that investors consider Base Dawgz (DAWGZ), a new meme token on the Base chain, which he said could grow 100 times after launch and surpass meme tokens such as BRETT, DEGEN, and TOSHI.

Promising GEGE alternative

DAWGZ is the powerhouse of the Base Dawgz ecosystem, and its primary home is the Base chain. Nevertheless, the project offers a unique multi-chain experience that can interoperate seamlessly with Ethereum, Solana, Binance Smart Chain, and AVAX.

It utilizes Wormhole and Portal Bridge to ensure that users can easily fly in the infinite decentralized world. Therefore, users can seamlessly trade between multiple blockchain ecosystems and have unparalleled multi-chain capabilities.

The upcoming staking program will provide retroactive bonuses to pre-sale buyers who staked tokens before launch. The team has set aside 20% of the total token supply for staking.

The project also plans to launch a "Social for Airdrop" campaign to reward users with points that can later be redeemed for $DAWGZ. All you need to do is interact with the social media network on X.

If you are interested in participating, you can buy it for $0.00527 per DAWGZ token. Don’t wait too long, though, as the price will increase in less than 4 days.

Visit and purchase Base Dawgz
.

Also read:
How to Buy Base Dawgz Tokens – $DAWGZ Presale Review
Base Dawgz Price Prediction – DAWGZ Price Potential in 2024
Best Base Chain Meme Tokens to Buy – 2024 Guide
5 New Cryptocurrencies to Watch in 2024: Promising Game Changers with 1,000x Potential
PlayDoge (PLAY) – The Latest ICO on BNB Chain
Rating