The Cloud price surged significantly in the last 24 hours, marking a clear upward trend.
Cloud Price Continuation
The Cloud price rose 35% in the last 24 hours to $0.2433 on trading volume that skyrocketed to $17.2 million. Bulls won the struggle for dominance around the $0.1682 consolidation zone, pushing the price to the $0.2492 resistance level. The price movements at this level formed a double top pattern, encouraging bears to exert some pressure, with Cloud plunging to $0.214 support. Cloud then experienced intense buying pressure, soaring above a falling channel. Currently, Cloud trades well above the 50 and 200 Simple Moving Averages (SMAs) on the 15-minute chart, confirming the bullish trend.
Base Dawgz DEX Launch Prep
As bulls aim to push the Cloud price upwards, other Base meme coin enthusiasts are buying Base Dawgz (DAWGZ) ahead of its decentralized exchange (DEX) launch, scheduled for September 4, 5 p.m. CET. The Base Dawgz presale ended on August 28, after raising more than $3.1 million. While based on the Base blockchain, Base Dawgz offers a unique multi-chain experience, supporting interoperability across Ethereum, Solana, Binance Smart Chain, and Avalanche.
Unique Features of Base Dawgz
The project is also set to launch the “Be Social for Airdrop” campaign to reward users with points, which can be exchanged for DAWGZ tokens. Additionally, 20% of the total token supply has been allocated for staking, offering users a substantial 736% annual percentage yield (APY). Currently, about 38.9% of the 1.69 billion presale tokens have been staked, indicating strong investor interest in the long-term success of Base Dawgz.
The Cloud price continues to show a bullish trend, supported by technical indicators such as RSI and MACD. At the same time, the market is looking forward to the launch of Base Dawgz's new DEX and its unique multi-chain interoperability, which has already captured investor interest.
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