Cryptocurrency costs remained on edge over the weekend as traders waited for the subsequent catalyst. Bitcoin traded at $66,800 on Sunday, whereas most altcoins rose barely. The market capitalization of all digital tokens remained at $2.6 trillion. This text will have a look at three cryptocurrencies corresponding to Poodlena, Mom Iggy and Cat in a Canines World.
The Poodle's Prediction
Poodle, Solana's upcoming meme coin, continues to thrive in token gross sales. Builders raised over $1.9 million in lower than two weeks, making it one of many quickest rising token gross sales within the business.
Poodlana goals to be a greater and greater model of a dog-themed token than widespread tokens like Shiba Inu and Dogecoin. It’s primarily based on the poodle, a preferred Japanese canine breed.
The builders selected Solana, which has change into the preferred blockchain for meme coin creators. They find it irresistible as a result of it’s a considerably quicker community and that its transaction prices are decrease than different blockchains.
The Poodlena token sale will run for under 30 days and the value of the token will proceed to develop steadily. Which means that individuals who purchase the token early will get greater than those that purchase proper earlier than the top of the sale.
Moreover, the Poodlena token will begin buying and selling simply half-hour after the token sale is accomplished. This shall be a special state of affairs than most token gross sales once they begin buying and selling for weeks or months.
Analysts we spoke to imagine that the Poodlana token may rise after buying and selling begins in August. A lot of this can rely upon general market developments when that occurs. If cryptocurrencies are rising, there’s a probability that the token can even observe the development. You should purchase a Poodle token right here.
Canine World Cat Worth Prediction (MEW).
The day by day chart reveals that the value within the cat's world within the canine's world is parabolic in current days. It has been rising for 4 straight days and hit its highest swing since April 24. The token lately crossed an necessary resistance level at $0.00064, its excessive on June 7.
The MEW token moved barely above the 50-day shifting common, whereas the Relative Energy Index (RSI) tilted greater. Historical past reveals that such parabolic strikes are adopted by a big decline when profit-taking begins.
Subsequently, the token is more likely to pull again and retest the important thing help degree at $0.0060.
Iggy's Mom Worth Prediction
The MATKA token, which is promoted by rapper Iggy Azelia, went vertical on Sunday as demand for the token continued. It additionally grew as Azelia continued to put it up for sale on social media platforms.
https://x.com/IGGYAZALEA/standing/1815105024462409925
On the 4-hour chart, we will see that the MOTHER token surged as demand grew. It flipped an necessary resistance level at $0.047, the July 11 excessive. The token remained above its 50-period shifting common.
Nonetheless, it did create a regular doji sample, which is a well-liked reversal signal. Subsequently, the token is more likely to resume the bearish development after which retest the important thing help at $0.050.
