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The Trondog price skyrocketed 139% in the last 24 hours to trade at $0.003255 as of 10:36 p.m. EST on trading volume that rose 27% to $5.1 million.
The playful pup born on the TRON blockchain has been fetching gains in the meme coin space despite the market being down 3% to a $40 billion market capitalization in the last 24 hours.
Trondog Price Prediction: TRONDOG To Sustain Its Bullish Stance
After its launch, the Trondog price encountered resistance at $0.002759, plunging back to the $0.000990 support zone. This support then allowed the bulls to stage a rebound, with the price of Trondog now in a markup phase.
TRONDOG formed a rounding bottom pattern, which the bulls could aim to capitalize on to propel the token to new highs.
TRONDOGUSD Chart Analysis (Source: GeckoTerminal)
The price of Trondog now trades above the 50 Simple Moving Average (SMA) on the hourly chart, which acts as a major support zone. TRONDOG being above the 50 SMA also shows that the meme coin is in a bullish trend.
Furthermore, the Relative Strength Index (RSI) indicates that buyers are currently exerting pressure on the token as it soars within the 70-overbought region, which also indicates that the asset is overvalued.
The Moving Average Convergence Divergence (MACD) further supports the bullish prospects, climbing above the neutral zone. The blue MACD line also crossed above the orange signal line, forming a bullish crossover.
If the bullish trend continues, the price of Trondog could continue soaring. In this scenario, bulls might target $0.0050.
However, the RSI being overvalued might be seen as a sell signal. If traders act on this sell sign, TRONDOG might undergo a correction to the 50 SMA that is acting as the immediate support level at $0.001806.
As bulls and bears battle it out on TRONDOG’s charts, investors are rushing to buy a new token on Solana by the name of Mega Dice (DICE), as it enters the last phase of its presale after amassing over $1.76 million.
Influential crypto YouTubers such as TodayTrader predict a substantial return on investment for the new token, speculating a potential “100X” surge for DICE post-launch.
Solana GameFi First Mega Dice Offers Last Chance To Buy
SOL GameFi breakout token DICE, issued by established top casino Mega Dice, is offering a last chance to buy at a premium before the final ICO price hike takes place in four days.
On Tuesday, Sept. 3 at 2 pm CET, the price of DICE will increase from $0.110529 to $0.116055.
WARNING: Time’s Almost Up to Grab $DICE at the Lowest Price!
The $DICE presale is about to close its doors, with the last price increase happening this Tuesday! This is your absolute final chance to get in on the best #GameFi token on #Solana before the price skyrockets! … pic.twitter.com/vzF1t77DsA
— Mega Dice Casino (@megadice) August 30, 2024
Mega Dice tokens will continue in presale for two weeks after the final price increase takes place. Thereafter, the token will be listed on decentralized exchanges (DEXs).
The project stands out as a top brand in the crypto casino domain, boasting over 10,000 active players monthly and exceeding $50 million in monthly wagering. Players also enjoy over 4,000 casino games and 50 sports and eSports betting options.
Token holders also stand to share in the casino’s profits daily through its unique staking system.
Moreover, $2.25 million is being given away in airdrops during the presale. Casino users can qualify for the season three airdrop by being active on the website and reaching a $5,000 wagering volume within 21 days.
Pragmatic Drops & Wins is here
Grab your share of 10,000 daily prizes worth 70,000 USDT! Compete in Daily & Weekly Tournaments or catch Daily Cash Drops for a part of 2,000,000 USDT monthly
Aug 22 – Sept 18
Top Prize: 5,000 USDT!
Games: All in Drops & Wins… pic.twitter.com/qfIsD32YwL— Mega Dice Casino (@megadice) August 30, 2024
To join the presale, you can buy DICE on the official website here for $0.110529 per token using BNB, ETH, or SOL. You can also earn 10% on any purchases made by investors you refer.
Purchase DICE here.
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