Cryptocurrency prices remained volatile over the weekend as investors waited for the next catalyst. Bitcoin traded at $66,800 on Sunday, while most altcoins were slightly higher. The total market capitalization of all digital tokens remains at $2.6 trillion. In this article, we look at three cryptocurrencies: Poodlana, Mother Iggy, and Cat in a Dogs World.
Pudrana Forecast
Poodlana, the upcoming Solana meme coin, continues to perform well in its token sale, with developers raising more than $1.9 million in less than two weeks, making it one of the fastest-growing token sales in the industry.
Poodlana aims to be a bigger dog-themed token that will outperform popular tokens like Shiba Inu and Dogecoin. It is based on the Poodle, a popular Japanese dog breed.
The developers chose Solana, the most popular blockchain among meme coin creators, because it has significantly faster network speeds and lower transaction costs than other blockchains.
Poodlana's token sale will only run for 30 days and the price of the token will continue to increase gradually, meaning that those who buy tokens early will get more than those who buy towards the end of the sale.
Additionally, Poodlana tokens will begin trading just 30 minutes after the token sale closes, a departure from most token sales that take weeks or months to begin trading.
Analysts we spoke to believe that the Poodlana token may rise after it starts trading in August. Whether this happens or not will depend heavily on overall market trends. If cryptocurrencies are rising, the token may follow suit. You can buy the Poodlana token here.
Cat in a Dogs World (MEW) Price Prediction
Looking at the daily chart, we can see that the price of Cat in a Dogs World has been surging in recent days, rising for four consecutive days to reach its highest price since April 24. The token recently surpassed a key resistance point of $0.00064, its highest price since June 7.
MEW Token is trading slightly above its 50-day moving average with the Relative Strength Index (RSI) trending upwards. Historically, such parabolic moves have been followed by larger declines as profit-taking begins.
Hence, the token might pull back and retest the critical support level at $0.0060.
Mother Iggy price prediction
The MOTHER token, promoted by rapper Iggy Azalea, surged on Sunday as demand for the token continued, with the price also increasing as Azalea continued to promote the token on her social media platforms.
https://x.com/IGGYAZALEA/status/1815105024462409925
Looking at the 4-hour chart, we can see that MOTHER token has been surging along with the growing demand, flipping a key resistance point at its high of $0.047 on July 11. The token is also rising above its 50-period moving average.
However, it has formed a standard doji pattern, which is a common reversal signal, so the coin may resume its bearish trend and then retest the key support at $0.050.