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The Super Trump Coin price soared 23% in the last 24 hours to trade at $0.01526 as of 00:47 a.m. EST on trading volume that slumped 50% to $4 million.
This came after US President Joe Biden withdrew from the 2024 presidential race just four months before election day.
— Joe Biden (@JoeBiden) July 21, 2024
After Biden stepped down, Vice President Kamala Harris has emerged as the candidate most likely to replace him.
Biden has been a controversial figure within the crypto industry due to his administration’s crackdown on the sector.
His decision to step down may give Donald Trump tougher competition in November’s presidential election, and that’s a worrying development for the crypto industry after the former president turned pro-crypto and promised to be ”crypto president” if he regains the White House.
The Super Trump Coin Price To Continue With The Bullish Trend Over The Rounding Bottom Pattern
The Super Trump Coin price has been on an uptrend in the last week, after which the token hit resistance around $0.0162, according to data from GeckoTerminal. Since then, the price of the Super Trump Price Coin has gone down through a retrace to the $0.0116 support before going back to $0.01621, forming a rounding bottom pattern.
The STRUMP bulls aim to capitalize on the rounding bottom pattern to push the token up from its current price. The token still trades well above both the 50-day and 200-day Simple Moving Averages (SMAs), a signal that it is still in bullish momentum.
Moreover, the Relative Strength Index (RSI) is trading downwards from the overbought region, currently at 61, which indicates that the asset is still overvalued, but sellers seem to be regaining control.
The Moving Average Convergence Divergence (MACD) trades above the neutral line, coinciding with the asset’s current surge. Additionally, the blue MACD line crosses above the orange signal line, representing a bullish crossover, which encourages investors to buy more.
The Super Trump Coin Price Prediction
According to the Super Trump Coin price analysis on the 1-hour chart, optimistic investors aim to capitalize on the rounding bottom pattern and the SMAs to push the token up. The MACD encourages investors to buy more, as the bulls target $0.020.
Conversely, the RSI could offer some bearish prospects, as it shows that investors are currently selling as it hurtles toward the 50-midline level. If the RSI continues dropping, there could be a price correction, with the 50-day SMA at $0.01299 as the immediate support level.
As the Super Trump Coin price bulls push the token up, other investors are rushing to buy the new Base token Base Dawgz (DAWGZ). DAWGZ aims to emulate the success of Base titan BRETT, which has skyrocketed 16,648% from its all-time low, according to Coingecko.
Base Dawgz Presale Garners $2.6 Million, Best Meme Coin To Buy Now?
Base Dawgz has already amassed over $2.6 million in funds raised and brings a unique multi-chain experience.
While DAWGZ considers Base home, it offers seamless interoperability within different blockchains, spanning Ethereum, Solana, Binance Smart Chain, and AVAX.
To ensure that users can easily soar through the decentralized world without limits, Base Dawgz leverages the latest technology in Web3, including Wormhole and Portal Bridge.
Base Dawgz’s staking feature offers investors an impressive 1,245% annual yield (APY) on their investment. The team has set aside 20% of the total token supply for staking.
The project’s “Be Social for Airdrop” campaign rewards users with points that can be redeemed for $DAWGZ later. All you have to do is to engage with your social media networks on X.
According to ClayBro, a YouTube crypto analyst with over 130K subscribers, $DAWGZ “could create millionaires.”
If you want to participate in the presale, you can buy DAWGZ for $0.006405. But hurry as the price will increase in less than 22 hours.
You can buy DAWGZ tokens on the official website here using ETH, USDT, BUSD, or USDC.
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