Crypto investors are rubbing their hands together as Tuesday shapes up to be a green day for the market.
Taken together, these three catalysts have injected Toncoin with a massive dose of speculative mania.Neo, which has surged over 30% higher today, is also benefiting from the crypto market optimism.The frenzy to accumulate NEO has seemingly come out of nowhere.That massive spike has pushed NEO into being the 14th most traded cryptocurrency by volume worldwide.
It seems the breakout was catalyzed by NEO breaking past resistance at $18 following a clear bull flag pattern on the daily chart.With the token’s volume-market cap ratio spiking to 71%, it’s clear that plenty of fresh capital has begun rotating into NEO.But the crypto making arguably the biggest waves today isDogecoin20’s premise is simple: It’s aiming to be a “Doge upgrade” by adding real-world utility.for DOGE20 holders, currently set at 50% per year.
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Dogecoin20 Emerges as Investor Interest Shifts Amidst Volatile Meme Coin MarketInvestor interest is now shifting towards Dogecoin20 (DOGE20), an emerging project set to debut on Uniswap later this month. Dogecoin (DOGE) has faced a 20% decline since Sunday’s high, reaching its lowest price in the past nine days. Traders attempted to push the price higher but were rejected, creating a double-top pattern on the chart. DOGE closed below its 20-day EMA, signaling waning upside momentum.
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