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Cryptocurrency News Articles
Tremendous Trump Coin Value Surges 10% After Trump Gains 2% Lead on Polymarket
Sep 01, 2024 at 12:28 am
The Tremendous Trump Coin worth surged over 10% within the final 24 hours to commerce at $0.006641 as of 6:07 a.m. EST as merchants rush to purchase the political meme coin.
The Tremendous Trump Coin worth surged over 10% within the final 24 hours to commerce at $0.006641 as of 6:07 a.m. EST on Friday because the meme coin continues to achieve momentum.
“Whoever wins Pennsylvania wins the election.”
Trump’s odds are up by 2%. pic.twitter.com/bP6Jgj8lh4
— Polymarket (@Polymarket) August 26, 2024
The sturdy 24-hour efficiency by the STRUMP worth comes after former US President Donald Trump gained a 2% lead over his democratic rival Kamala Harris on the decentralized betting platform, Polymarket.
The Tremendous Trump Coin Worth Making an attempt A Problem At Resistance
4-hour chart for STRUMP/USD (Supply: GeckoTerminal)
The Tremendous Trump Coin worth is trying to beat the resistance stage at $0.007102 after it bounced off the $0.005875 help stage in the previous couple of hours. Ought to STRUMP break above $0.007102 throughout the subsequent 12 hours, it may have the technical basis wanted to rise to the following mark at $0.008269 within the quick time period.
Nonetheless, STRUMP falling to shut a 4-hour candle above $0.007102 throughout the subsequent 12 hours may invalidate the bullish thesis. On this various situation, the meme coin could possibly be vulnerable to retesting the aforementioned $0.005875 help stage. Continued promote strain ought to the Tremendous Trump Coin worth fall to this stage may then result in it plunging to $0.004647.
Technicals Counsel The Tremendous Trump Coin Will Hold Rising
From a technical perspective, indicators on STRUMP’s 4-hour chart recommend the meme coin may preserve climbing within the coming 24 hours. Each the Shifting Common Convergence Divergence (MACD) and the Relative Energy Index (RSI) indicators are displaying indicators of a continuation of STRUMP’s constructive development.
Over the past 24 hours, the RSI has risen above the essential 50 benchmark to sign that consumers have gained the higher hand in opposition to sellers. As such, bulls may proceed to push the Tremendous Trump Coin worth greater. The constructive slope of the indicator suggests consumers are additionally nonetheless accumulating energy in opposition to their bearish counterparts.
In the meantime, a significant bullish technical flag is on the verge of being triggered by the MACD indicator on the 4-hour chart. That is because the MACD line has closed in on the MACD Sign line up to now few hours. An intersection between these two traces may point out that STRUMP has entered a short-term constructive development, which may consequence within the meme coin’s worth climbing extra.
Whereas STRUMP exhibits loads of bullish energy, traders are additionally shopping for into the brand new Base meme coin Base Dawgz (DAWGZ) earlier than it’s too late.
Teleporting Worth Between The Prime Blockchain Networks
Base Dawgz (DAWGZ) is a brand new meme coin that has been deployed on the flourishing layer-2 Base community. With the intention to climb the crypto ranks, the crypto presents unmatched interoperability. Powered by Wormhole and Portal Bridge expertise, DAWGZ permits traders to seamlessly switch worth between Base, Ethereum, Solana, Avalanche and the Binance Sensible Chain.
These are a few of the most energetic and liquid networks within the Web3 house. As such, builders are prone to launch DeFi yield-generating alternatives on these chains to maximise their publicity. Base Dawgz traders can subsequently faucet into these alternatives as quickly as they emerge no matter which of the chains the chance is on.
With its meme coin enchantment and unprecedented ranges of interoperability, it’s straightforward to see why analysts and consultants are enthusiastic about Base Dawgz. Crypto YouTuber Austin Hilton informed his 273K subscribers that he’s bullish on the challenge, revealing that he has additionally invested within the crypto.
Time Is Working Out For Traders To Unlock Excessive Staking Rewards
Base Dawgz has managed to lift greater than $3 million by means of its profitable ICO. There may be now lower than 48 hours till the presale will come to an finish. Because of this time is working out for traders to amass the token at a pre-market worth. Traders who haven’t but purchased the token may even miss out on the 776% APY accessible by way of the challenge’s staking program.
We reached 3 million, DAWGZ!!!
And we’re going to finish the presale quickly. Extra particulars to observe quickly 🪂 pic.twitter.com/1frFvcX6HV
— Base Dawgz (@BaseDawgz) August 24,
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- Video-Sharing Platform Rumble Allocates $20M in Bitcoin for Its Crypto Treasury
- Nov 27, 2024 at 07:31 am
- The video-sharing and cloud services company announced yesterday that its board has approved a strategy to diversify its corporate treasury by allocating up to $20 million of spare cash to Bitcoin.