SHIB Volume Spike of 5.7 Trillion Signals Potential Shiba Inu Price Rally and Altcoin Bullish Trend

The recent bullish news of Shiba Inu’s peak volume of 5.7 trillion SHIB could push the price of SHIB higher and indicate a potential bullish trend in the market.

Shiba Inu has seen a significant increase in its large trade volume in 24 hours, indicating increased whale activity. This suggests a greater potential for increased asset volatility. With the current bullish market conditions, the likelihood of an uptrend increases.

According to IntoTheBlock data as of July 8, 2024, Shiba Inu’s large trading volume has risen to 5.71 trillion SHIB. This significant surge indicates recent active participation by major holders. Such movements typically indicate strategic distribution or accumulation, increasing market interest and volatility.

Shiba Inu is currently recovering from its recent lows, trading at $0.00001964, as shown on the SHIB/USDT daily chart. It has broken above the 50-day EMA ($0.00001750) and is now approaching the 100-day resistance level.

Breaking above these levels would indicate a bullish trend, potentially sending SHIB to higher targets. Increasing trading volume contributes to the optimistic outlook. Increased involvement from large investors reflects growing confidence in the asset’s future performance, often preceding significant price movements.

Shiba Inu is also benefiting from the overall positive sentiment in the cryptocurrency market, reinforced by the strong performance of major coins such as Bitcoin. This favorable environment could provide SHIB with additional momentum to continue its rise.

Exciting developments in the crypto space extend beyond the Shiba Inu, positively impacting smaller tokens like Dawgz Base Also.

Italian: https://www.youtube.com/watch?v=hr0OFoTuQWM

Base Dawgz Sees Strong Pre-Sale Demand With $2.5M Raised

Base Dawgz (DAWGZ) has defied the cryptocurrency bearish trend and benefited from a bullish reversal. Currently in presale, the project has raised $2.5 million. Analysts expect significant gains when Base Dawgz starts trading on exchanges.

Currently, Base Dawgz is available at a fixed, discounted price of $0.006405. As the campaign progresses, the presale price will increase, eliminating the possibility of making large profits at today’s prices. Potential investors can visit our guide on How to buy Base Dawgz tokens here.

Additionally, Base Dawgz offers a refer-and-earn program, which allows community members to earn commissions by referring others to participate in the presale. Referrals can earn 10% of the token purchase amount, paid in USDT. Points earned from referrals can be exchanged for $DAWGZ once the campaign ends.

Base Dawgz understands that a strong community is key to the success of meme coins. They are launching a social rewards program where people earn points by sharing Base Dawgz memes and posts on social media. These points can be exchanged for more $DAWGZ tokens.

This approach could explain why Base Dawgz now has 4,900 followers on X (formerly Twitter) and has reached new milestones in its presale. As the community grows, the value of Base Dawgz tokens could also increase.

The end date of the ICO has not yet been announced, so there is still time to invest. However, it is in the best interest of investors to buy early, while the price is low, as it will only increase as the presale continues.

Dawgz Base Challenges Market Trends with Staking Rewards and Multi-Chain Integration

Base Dawgz could become the next big meme coin on the Base blockchain. It plans to integrate with multiple blockchains, including Ethereum, Solana, Binance Smart Chain, and Avalanche, achieving true interoperability without relying on wrapped tokens.

Using Wormhole and Portal Bridge technology, Base Dawgz will allow community members to easily transfer funds between chains. This flexibility allows users to choose which blockchain their funds will be on, making it seamless to move money around based on their preferences.

Base Dawgz has allocated 1.69 billion $DAWGZ tokens (20% of the total 8.4 billion tokens) for staking rewards. Investors will receive 192,000 $DAWGZ tokens every hour for a year, allowing them to continuously earn more tokens and potentially increase their earnings.

Early buyers can earn an annual percentage yield (APY) of over 1,400%, although this percentage will decrease as more investors join the staking pool. Currently, staking is only available on the Ethereum network, but the team plans to add Solana staking as part of its multi-chain strategy.

Base Dawgz recently responded to community requests to enable staking on Solana. The team has acknowledged these requests and is working to make this possible. Staking was recently launched, unlike other meme coin presales that have offered it since the beginning.

The developers are actively working to enable staking and brainstorming solutions for Solana. The cross-chain nature of Base Dawgz makes this more complex, but the team is committed to overcoming this challenge.

Staking will attract more buyers beyond the hype. Base Dawgz has undergone rigorous auditing by third-party blockchain security firm SolidProof.

The audit found no issues, indicating that the $DAWGZ smart contract is safe and secure, reducing the risk of a rug pull and distinguishing it from other new ones. meme coins.

To participate in the $DAWGZ token presale, visit basedawgz.com.

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