DOGS Gaming Token Back in Action, Enters the Top 10 Trending Projects List

With a market cap of $525 million, the DOGS token is trading at a decline of 5.34% in the past 24 hours.

The price of the popular meme coin, DOGS, has seen a decline of 5.34% over the last 24 hours. At the time of writing, DOGS is trading at $0.001017, with a 24-hour trading volume of $292 million.

Built on the TON blockchain, DOGS leverages Telegram’s massive user community. With the broader market recovery, the gaming token is back in action and is fueled by the recovery in the TON token price. Will this recovery lead to a breakout rally for DOGS?

DOGS Price Performance – Broad Perspective

In a 4-hour time frame, a declining trend is observed in the movement of the meme coin. While there’s a minor bullish recovery, the broader term reveals a declining trend. This bearish influence leads to a bearish falling wedge pattern and accounts for a 36% drop in the last 15 days.

A negative trend is observed within the bearish wedge pattern on the 4-hour chart. The meme coin struggles to hold on to the $0.0010 psychological mark. Moreover, a bearish crossover is seen as the MACD and signal lines. The gaming coin also faces resistance from the 50 EMA in the 4-hour chart.

On the other hand, the next support level below the $0.0010 psychological mark stands at the Fib levels of $0.000946 and $0.000922 levels. Additionally, the support trendline at the $0.000880 mark remains another crucial spot. Moving up, the crucial resistance levels above the declining trend line stand at $0.001070, $0.001156, and $0.001230.

DOGS Enters The Top 10 Trending Projects List

In a recent tweet from Santiment, the top 10 trending projects include the name of the meme coin project. As a new project in town, this marks a huge achievement for the project and reveals a massive upside for the DOGS token price.

📊 The top 10 trending projects driving crypto markets this Friday are:

1) @porkcoins_eth $PORK

2) @Tether_to $USDT

3) @veloprotocol $VELO

4) @roseonaurora $ROSE

5) @dogs__coin $DOGS

6) @dogecoin $DOGE

7) @trondao $TRX

8) @toncoin $TON

9) @h_o_l_o_ $HOT

10) @hamonwarpcast $HAM… pic.twitter.com/rGWcavVelk

Keen on the future of the top frog-themed meme coin? Read our PEPE Price Prediction!