The recent action of the price of Doginme coins (Doginme) and the keyboard (Keycat) has drawn the attention of investors. The two tokens experienced significant increases following major announcements, arousing optimism.
Their exposure to millions of new investors through exchange lists could soon propel them to new heights on the same parts market.
Coinbase launches more pieces of memes
Coinbase has announced that it would start to support the trading of Dobinme (Doginme) and Cat (Keycat) keyboard from April 1. This decision should expose the two tokens to millions of crypto enthusiasts and could considerably increase their market scope. However, Coinbase said that taking charge of the list of these tokens could be limited in certain jurisdictions.
The announcement sparked a wave of optimism among investors, leading to an increase in negotiation volumes and price increases. Exposure to a major exchange like Coinbase often leads to increased liquidity, which in turn leads to growth. However, it remains to be seen how restrictions in certain regions could have an impact on the overall price dynamics and demand for these tokens.
Dogeinme flies
After Coinbase’s announcement, Dobinme (Doginme) displayed an impressive 60% rally during the intra-day summit. This wave was slightly tempered, but Altcoin still managed to end with an increase of 51% over 24 hours. Trading at $ 0.00,127, Doginme is now testing resistance at $ 0.00,158, which was a key level for the room.
If the token continues to find support at the current levels, Dobinme could exceed the resistance of $ 0.00,158 and potentially pushing its top of all time (ATH) of $ 0.00172. The continuous hassy feeling could propel it even more, paving the way for substantial growth.
However, if Dobinme fails to maintain its upward trajectory and slips through the support of $ 0,00092, it could drop to $ 0.00070 lower. This would invalidate the upward thesis and could potentially push Altcoin into a downward trend, reducing its short -term growth prospects.
Keycat makes a jump
While the CAT (Keycat) keyboard has not seen an explosive increase as a deinem, it still displayed a solid gain of 32%. Altcoin is currently negotiated at $ 0.0062 and seeks to cross the level of resistance at $ 0.0078, which is solid in the last two months.
If the current momentum persists, Keycat is likely to exceed the barrier of $ 0.0078 and can even target the level of $ 0.0100.
On the other hand, if Keycat fails to violate 0.0078 and folds down, he could return to $ 0.0040 or less. This would invalidate upward perspectives and could lead to a period of consolidation, aroused the resumption of the token.
Non-liability clause
In accordance with the Trust project guidelines, this price analysis article is for information purposes only and should not be considered as financial or investment advice. Beincrypto is committed to exact and impartial reports, but market conditions are likely to change without notice. Always carry out your own research and consult a professional before making financial decisions. Please note that our terms and conditions, our privacy policy and our non-responsibility clauses have been updated.
