Cryptocurrency prices remained on edge during the weekend as investors waited for the next catalyst. Bitcoin was trading at $66,800 on Sunday while most altcoins rose slightly. The market cap of all digital tokens remained at $2.6 trillion. This article will look at three cryptocurrencies like Poodlana, Mother Iggy, and Cat in a Dogs World.
Poodlana prediction
Poodlana, an upcoming Solana meme coin, has continued thriving in its token sale. The developers have raised over $1.9 million in less than two weeks, making it one of the fastest-growing token sales in the industry.
Poodlana aims to be a better and bigger version of a dog-themed token than popular tokens like Shiba Inu and Dogecoin. It is based on Poodle, a popular Japanese dog breed.
The developers have selected Solana, which has become the most popular blockchain for meme coin creators. They love it because it is a significantly faster network and that its transaction costs are lower than other blockchains.
Poodlana’s token sale will run for just 30 days and the token price will continue rising gradually. This means that people who buy the token early will get more than those who buy near the end of the sale.
Additionally, Poodlana token will start trading just 30 minutes after the token sale finishes. That will be a different situation than most token sales when they take weeks or months before starting to trade.
Analysts we talked to believe that Poodlana token could rise after starting to trade in August. Most of this will depend on the overall market trends when this happens. If cryptocurrencies are rising, there are chances that the token will also follow the trend. You can buy the Poodlana token here.
Cat in a Dogs World (MEW) price forecast
The daily chart shows that the Cat in a Dogs World price has gone parabolic in the past few days. It has risen for four straight days, reaching its highest swing since April 24th. The token has recently crossed the important resistance point at $0.00064, its highest level on June 7th.
The MEW token has moved slightly above the 50-day moving average while the Relative Strength Index (RSI) has tilted upwards. History shows that such parabolic moves are followed by a big drop as profit-taking starts.
Therefore, there is a likelihood that the token will retreat and retest the crucial support level at $0.0060.
Mother Iggy price forecast
The MOTHER token, which is being promoted by Rapper Iggy Azelia, went vertical on Sunday as demand for the token continued. It also rose as Azelia continued promoting it on social media platforms.
https://x.com/IGGYAZALEA/status/1815105024462409925
On the four-hour chart, we see that the MOTHER token rose sharply as demand rose. It flipped the important resistance point at $0.047, its highest point on July 11th. The token has remained above the 50-period moving average.
However, it has formed a standard doji pattern, which is a popular reversal sign. Therefore, the token will likely resume a bearish trend and then retest the key support at $0.050.
Credit: Source link
