DOGINME Price Soars 205.38% Following Coinbase Listing and Whale Purchase
DOGINME Price Surge
- DOGINME, a meme coin on Base, increased by 205.38% in the past week.
- Current price is $0.0008418, up 108% in the last 24 hours.
- Coinbase's decision to add DOGINME to its roadmap spurred investor interest and trading volume.
Coinbase Impact
- Coinbase recently listed DOGINME as an "Experimental Asset," warning of lower liquidity and potential volatility.
- Other exchanges, including BitMart, are relisting DOGINME due to Coinbase's announcement.
- Coinbase has also reviewed other assets, leading to delistings of FLOKI, Turbo, and Gigachad starting April 14, 2025.
On-Chain Trading Success
- A trader created a wallet and bought 254.66 million DOGINME for 51.2 ETH ($97,700) before the Coinbase announcement.
- The token's price rose over 150%, increasing the trader's holdings to $205,700, yielding a profit of $108,000 (+110%).
Technical Analysis
- Bollinger Bands indicate strong bullish momentum with a recent price break above the upper band.
- Potential retracement to around $0.000335 if buying pressure decreases.
- Relative Strength Index (RSI) at 63.45 suggests nearing overbought conditions; a rise above 70 could lead to correction.
- Resistance level at $0.0010 and potential support at $0.000335 noted.
- If momentum continues, DOGINME may target $0.0015–$0.0020 in the near term.