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Daddy Tate price has increased by 17% in the past 24 hours to $0.1797 as of 5:15 AM EST. Investors rushed to buy this celebrity meme coin, driving its price up. In the recent gains, DADDY price has increased by more than 46%. However, the performance in the past 30 days is still a loss of more than 24%.
Dadi Tate price is trying to overcome a significant resistance at $0.1798. If it can close above this barrier on the 4-hour candlestick chart within the next eight hours, it may have the technical basis to continue rising. Subsequently, the bulls may push Dadi up to the short-term target of $0.2431.
On the other hand, a rejection of DadiTether price from the $0.1798 resistance level could invalidate the bulls’ view. In this alternative scenario, the memecoin might test the $0.1375 immediate support level. If the cryptocurrency drops to this point, the continued selling pressure could expose it to a drop to $0.0980.
Technical indicators on DADDY’s 4-hour chart suggest that the meme coin could have the momentum to continue its upward trajectory. Both the Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) indicators are showing positive signs.
First, the MACD line begins to trend upwards towards the MACD signal line. Traders often view the current direction of these two technical indicators combined with the narrowing gap as a sign that the cryptocurrency bear market may be coming to an end. If these two lines intersect in the next 12 hours, it could mean that Dadi has entered a positive cycle.
Meanwhile, the RSI has broken above the key 50 base line in the past 24 hours. This could indicate that buyers have the upper hand on DADDY’s 4-hour chart. The current RSI reading also suggests that the meme coin has room to rise before entering overbought territory.
If the bulls decide to take advantage of this, it may be easier for buyers to push up the price of Gauteng over the next 24 hours than for sellers to pull it down during the same period.
While DADDY attempts to overcome the important resistance level of $0.1798, investors are flocking to the layer 2 memecoin Pepe Unchained (PEPU) in pursuit of potential parabolic gains.
Unleashing the full potential of PEPE
Pepe (PEPE) burst onto the scene in 2023, and its market cap quickly soared to over $3 billion. Despite its success, the potential of the frog-themed memecoin was limited by the Ethereum network’s high fees and slow transaction speeds.
This is where Pepe Unchained (PEPU) hopes to make an impact. Through its own layer 2 network, PEPU will launch a new version of the beloved meme coin that transcends the limitations of the Ethereum network.
Not only will PEPU holders enjoy transaction speeds 100 times faster than Ethereum, Pepe Unchained will also offer investors competitive transaction fees.
Investors can also instantly bridge their assets between the Ethereum and Pepe Unchained networks at near zero cost.
With its own layer 2 network and appeal to memecoin investors, it’s easy to see why popular crypto Youtuber Jacob Bury speculates that PEPU could be the next 10x memecoin.
Opportunity to provide extremely high returns to pre-sale investors
If the utility of the project isn’t enough to excite investors, the Pepe Unchained team is also offering a lucrative staking opportunity to anyone who purchases PEPU during the ongoing ICO phase. Pre-sale investors will receive an annualized rate of return of 692%.
To qualify for such high returns, investors can purchase PEPU through a simple purchase widget embedded on the project's website. The memecoin is priced at $0.0083258 and can be purchased using Ethereum, BNB, Tether or a bank card.
Anyone looking to buy PEPU should hurry, as the price of this token is set to rise in less than two days.
Buy and stake PEPU here to get up to 692% annual returns.
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