The Apes price skyrocketed 60% in the last 24 hours to trade at $0.02350 as of 00:52 a.m. EST on trading volume that rose 103% to $5.5 million.
This comes as the meme coin space rebounded with a 1% surge in the last 24 hours to a $41 billion market capitalization as SHIB and DOGE soared 1% in that time.
Apes Price Aims For A Trend Continuance
On the last day, the Ape price has been on an uptrend, as the bulls used the 0.0140 support to push the price on a tear, according to data from GeckoTerminal . The recent price movement has formed an ascending triangle pattern as the bulls aim to continue pushing the token’s price on an uptrend.
APES now trades well above both the 50-day and 200-day Simple Moving Averages (SMAs), which affirms the bullish sentiments of the price of Apes.
Moreover, the Relative Strength Index (RSI) seems to be rebounding from the 50-midline level, which shows that investors are now buying the asset.
If the buying peaks at this point, the bulls may push the price of Apes towards a continued rally above the triangle, which may propel the price to target $0.02710.
APESUSD Chart Analysis Source: GeckoTerminal.com
However, if the bears gain control to breach the $0.02235 immediate support level, APES could plunge back to the $0.01665 support zone (200-day SMA).
Meanwhile, investors are rushing to buy the new DOGE derivative, PlayDoge (PLAY) , which has already garnered over $6.4 million and has only a few hours left until its launch on DEX.
99Bitcoins, a prominent crypto channel on YouTube, says that PlayDoge could surge 50X to 100X after its launch.
Last Chance To Buy PlayDoge Before It Launches On DEX
Only four hours are left before the PlayDoge presale ends on August 26 at 10 a.m. U.T.C, so early contributors have no time to lose.
It is believed that the token’s launch has been brought forward due to game development progressing faster than initially anticipated—good news for savvy investors participating in this one-of-a-kind presale opportunity.
The project is a cutting-edge play-to-earn (P2E) mobile game that merges the nostalgic feel of 90s virtual pets, similar to Tamagotchis, with advanced blockchain technology. In addition to engaging gameplay, users can earn $PLAY tokens by interacting with their 2D Doge pet in the retro-style app.
The more users engage in feeding, playing, and caring for their pets, the more $PLAY tokens they accumulate through mini-games.
The platform also allows $PLAY token holders to earn a passive income through its staking option. Users can easily stake their tokens for an annual percentage yield (APY) of 76%.
You can buy $PLAY tokens for $0.00532 each. The launch is coming in a few hours, so buy soon to lock in the best deal.
To join the presale, buy $PLAY from the official website here using BNB, USDT, or a bank card.
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