With staking and borrowing driving pfp adoption, XDOG crypto has emerged as the primary main GameFi meme coin on OKX X Layer – right here’s the rationale why.
There’s a brand new pup within the GameFi park, and it’s pulling for an Axie Inifity-style run circa 2021. In line with analysts at 99Bitcoin, XDOG would possibly simply be the subsequent viral GameFi and meme sensation.
On the coronary heart of XDOG is an easy but profound idea—digital canine possession on Elon Musk’s X platform.
This sport lets customers undertake, prepare, and bond with their digital canines on X, making your profile as distinctive as your furry buddy.
The decentralized NFT market is a bustling financial system the place gamers can commerce pets, equipment, and extra, emphasizing consumer autonomy and monetary engagement.
The XDOG token was launched on OKX’s X layer final week and now stands at +577% since launch.
XDOG ramps up consumer engagement with X Chests, encouraging gamers to search out treasures throughout Twitter, making certain your digital canine lives the great life.
With options like staking and borrowing on X, XDOG crypto isn’t simply one other run-of-the-mill sport utilizing blockchain; it’s a daring step into uncharted territory.
Deep Dive: Is XDOG Crypto a 100X From Right here?
XDOG falls simply in need of the $1 million market cap milestone, but with its 24-hour buying and selling quantity practically halving that, it’s nonetheless lighting markets on fireplace.
Excessive buying and selling quantity relative to market cap was a driver for Axie Infinity’s preliminary pump.
XDOG is exhibiting related traits with its quantity being a big fraction of its market cap, showcasing an enthusiastic early adopter base.
(XDOGUSD)
The RSI on XDOG crypto is pinned at 100. Sometimes, an RSI of 70 or above would possibly point out overbought situations, however 100 is uncommon resulting from excessive shopping for exercise on XDOG.
As for XDOG’s 5-day MA is in a candy spot above the value, hinting at extra bullish days to come back for XDOG.
Apparently sufficient, the value motion between 6:30 and eight:30 this morning EST appears to be forming a consolidation sample, probably a symmetrical triangle, which frequently signifies a continuation of the present pattern.
Might This Presales Supply Higher Meme Coin Play?
Whereas XDOG is the viral token de jour in GameFi and meme cash, Dogeverse is gearing as much as be the subsequent huge factor. Consider this as a time machine ticket to XDOG crypto’s first day, with all of the early adopter bragging rights included.
Constructed on BASE, the DOGEVERSE presale just lately smashed $10Min in recorded income.
Being the primary multi-chain DOGE incarnation, DOGEVERSE goals to turn into a prime meme coin on BASE shortly. Don’t miss out!
Purchase DOGEVERSE Right here
EXPLORE: $5 Billion Value Of Bitcoin Shorts Will Be Liquidated If BTC Rockets Above $75,000
Disclaimer: Crypto is a high-risk asset class. This text is supplied for informational functions and doesn’t represent funding recommendation. You may lose all your capital