Baby Doge Coin’s price has risen by 10% in the past 24 hours to $0.000000001906, with a surge in trading volume of 115% reaching $12 million. This is due to the legendary Shiba Inu dog Kabosu, who died peacefully in Japan on May 24, becoming the representative of the meme coin Dogecoin (DOGE). Following the news, Dogecoin fell by 3% and Shiba Inu (SHIB) fell by 5.5%, although they have recovered by 2% and 1% respectively in the past day.
Today, Kabosu, a mutual friend and inspiration to our community, passed away peacefully in the arms of her owner. The impact this dog had on the world is immeasurable. She was a being who knew only joy and infinite love. Please remember her spirit and her family…
In early May, the price of Baby Doge Coin experienced a pullback, returning to the support level of about $0.000000001632 before recovering to the resistance level of $0.000000001897, data from GeckoTerminal showed. Baby Doge then pulled back again to the support level of about $0.000000001713 before recovering to $0.000000001897, forming a cup-and-handle pattern. As bulls have already pushed the price above the cup-and-handle pattern, Baby Doge Coin is about to hit a new high.
Baby Doge Coin’s price objective is to maintain a rebound above the $0.000000001897 resistance, with the current target at $0.00000000220 as bulls continue to push the price using the cup-with-handle pattern. However, in the opposite scenario, the bears may push the price down to the next support levels of around $0.000000001826 and $0.000000001768, which coincide with the 200-day and 50-day simple moving averages (SMAs), respectively.
While the price of Baby Doge Coin is poised to breakout, some DOGE enthusiasts are turning to Dogeverse, a presale that gives investors a last chance to buy after raising $15 million. According to well-known cryptocurrency YouTuber Jacob Bury, DOGEVERSE has the potential to rise 100 times after listing on top exchanges.
Dogeverse (DOGEVERSE) is an innovative project that connects six blockchains: Ethereum, Binance Smart Chain, Polygon, Avalanche, Solana, and Layer 2 Base. The presale of Dogeverse is about to end, and the last opportunity to participate will end at 10 am UTC on June 3. Two days later, at 10 am UTC on June 5, the claim will begin.
Dogeverse is inspired by Cosmo, a chain-hopping dog that uses Portal Bridge and Wormhole technology to navigate the blockchain world, connecting these six blockchains. Investors can earn an annualized yield of 50% passively through the platform's staking option. You can participate in the presale by buying $DOGEVERSE at a price of $0.00031 per token. But buy it quickly because the team will soon list the token on major exchanges.
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