Pudlana, Mother Iggy, Cat in Dog’s World (MEW)
Cryptocurrency prices remained flat over the weekend as investors awaited the next trigger. Bitcoin was trading at $66,800 on Sunday, while most altcoins were slightly higher. The market cap of all digital tokens remains at $2.6 trillion. This article looks at three cryptocurrencies in the world of dogs: Pudlana, Mother Iggy, and Cat.
Prediction of Pudlana
Pudlana, the upcoming Solana meme coin, continues to grow in token sales. 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.
Pudlana aims to be a better and larger version of a dog-themed token than popular tokens like Shiba Inu and Dogecoin. It is based on the famous Japanese dog breed, the poodle.
The developers chose Solana, the most popular blockchain for meme coin creators. They like it because it's a much faster network and transaction costs are lower than other blockchains.
The Pudlana Token Sale will only last for 30 days and the value of the token will gradually increase. This means that people who buy the token early will get more than those who buy near the end of the sale.
Additionally, the Pudlana token will start trading 30 minutes after the end of the token sale. That's different from most token sales when you take weeks or months before trading.
Analysts we spoke to believe that the Poodlena token could rise after it starts trading in August. Much depends on general market trends when this happens. If cryptocurrencies are on the rise, there are chances that the token will follow the trend as well. You can buy a Pudlana token here.
Cat in the World of Dogs (MEW) price prediction
The daily chart shows that the global price of cats in dogs has become extremely alarming in the past few days. It has risen for four consecutive days, reaching its highest swing since April 24. The token recently crossed the important resistance point at $0.00064, the highest level on June 7.
The MEW token has moved slightly above its 50-day moving average, with the Relative Strength Index (RSI) trending higher. History shows that when such parabolic movements begin to be profitable, they are followed by a major decline.
Therefore, there is a chance that the token will pull back and retest the critical support level at $0.0060.
Mother Iggy price prediction
The Motherhood label, which is being promoted by rapper Iggy Azelia, went live on Sunday as demand for the label continues. Azealia also took to social media platforms to continue promoting.
On the four-hour chart, we see that the mother signal has increased significantly as interest increases. It broke an important resistance point at $0.047, the high on July 11. The token has remained above the 50-time moving average.
However, it formed a regular doji pattern, a popular reversal signal. Therefore, the token will probably continue its bearish trend and retest the key support at $0.050.