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Cryptocurrency News Articles
Super Trump Coin (STRUMP) Price Surges 10% as Trump Gains 2% Lead over Harris on Polymarket
Aug 27, 2024 at 06:50 pm
The Super Trump Coin price surged over 10% in the last 24 hours to trade at $0.006641 as of 6:07 a.m. EST as traders rush to buy the political meme coin.
The Super Trump Coin price went up over 10% in the last 24 hours to trade at $0.006641 as of 6:07 a.m. EST as traders are quickly buying the political meme coin.
"Whoever wins Pennsylvania wins the election."
Trump's odds are up by 2%. pic.twitter.com/bP6Jgj8lh4
— Polymarket (@Polymarket) August 24, 2024
The strong 24-hour performance by STRUMP comes after former US President Donald Trump gained a 2% lead over his Democratic rival Kamala Harris on the decentralized betting platform, Polymarket.
Super Trump Coin Price Attempting To Break Resistance
4-hour chart for STRUMP/USD (Source: GeckoTerminal)
The Super Trump Coin price is attempting to break the resistance level at $0.007102 after it bounced off the $0.005875 support level in the last few hours. If STRUMP breaks above $0.007102 within the next 12 hours, it could have the technical foundation needed to rise to the subsequent mark at $0.008269 in the short term.
However, STRUMP falling to close a 4-hour candle above $0.007102 within the next 12 hours might invalidate the bullish thesis. In this alternative scenario, the meme coin could be at risk of retesting the aforementioned $0.005875 support level. Continued sell pressure should the Super Trump Coin price fall to this level might then lead to it plunging to $0.004647.
Technicals Suggest Super Trump Coin Will Keep Rising
From a technical perspective, indicators on STRUMP’s 4-hour chart suggest the meme coin could keep climbing in the coming 24 hours. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) indicators are showing signs of a continuation of STRUMP’s positive trend.
Over the last 24 hours, the RSI has risen above the crucial 50 benchmark to signal that buyers have gained the upper hand against sellers. As such, bulls might continue to push the Super Trump Coin price higher. The positive slope of the indicator suggests buyers are also still accumulating strength against their bearish counterparts.
Meanwhile, a major bullish technical flag is on the verge of being triggered by the MACD indicator on the 4-hour chart. This is as the MACD line has closed in on the MACD Signal line in the past few hours. An intersection between these two lines could indicate that STRUMP has entered a short-term positive trend, which could result in the meme coin’s price climbing more.
While STRUMP shows a lot of bullish strength, investors are also buying into the new Base meme coin Base Dawgz (DAWGZ) before it’s too late.
Effortlessly Teleporting Value Across Top Blockchain Networks
Base Dawgz (DAWGZ) is a new meme coin that has been deployed on the flourishing layer-2 Base network. In order to climb the crypto ranks, the crypto offers unmatched interoperability. Powered by Wormhole and Portal Bridge technology, DAWGZ enables investors to seamlessly transfer value between Base, Ethereum, Solana, Avalanche and the Binance Smart Chain.
These are some of the most active and liquid networks in the Web3 space. As such, developers are likely to launch DeFi yield-generating opportunities on these chains to maximize their exposure. Base Dawgz investors can subsequently tap into these opportunities as soon as they emerge regardless of which of the chains the opportunity is on.
With its meme coin appeal and unprecedented levels of interoperability, it’s easy to see why analysts and experts are excited about Base Dawgz. Crypto YouTuber Austin Hilton told his 273K subscribers that he is bullish on the project, revealing that he has also invested in the crypto.
Time Is Running Out For Investors To Unlock High Staking Rewards
Base Dawgz has managed to raise more than $3 million through its successful ICO. There is now less than 48 hours until the presale will come to an end. This means that time is running out for investors to acquire the token at a pre-market price. Investors who have not yet bought the token will also miss out on the 776% APY available via the project’s staking program.
We reached 3 million, DAWGZ!!!
And we are going to end the presale soon. More details to follow soon 🪂 pic.twitter.com/1frFvcX6HV
— Base Dawgz (@BaseDawgz) August 24, 2024
To gain access to these rewards before it’s too late, investors can buy the token using the simple widget embedded on the project’s website. Once
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