The Dogwifhat Price Soars 24% As New Solana Rival Sealana Surges Past $200K In Presale

Dogwifhat Price Surges 24%, Tesla's Dogecoin Inclusion Boosts Meme Coins

The Dogwifhat price has experienced a significant 24% increase in the past 24 hours, currently trading at $3.4 as of 8:00 p.m. EST. This surge follows the announcement that Tesla has updated its payment methods to include Dogecoin (DOGE), providing a boost to the meme coin sector.

Tesla's payments page now includes details on how DOGE can be used for purchases. A Dogecoin wallet will be required to utilize DOGE as a payment method in the Tesla shop.

Meme Coin Market Cap Up Over 10%

The overall meme coin market cap has surged by over 10%, with Dogecoin leading the charge.

Dogwifhat Price Prediction

Analyzing Dogwifhat price charts reveals an uptrend within a defined channel, indicated by the green highlighted area. The boundaries of this channel have provided support and resistance levels, respectively.

As Dogwifhat approaches the resistance level, high Money Flow Index (MFI) values (overbought condition), and a bearish MACD indicate the potential for price corrections or a pullback towards the support area. However, a cross-over below the support zone could lead to a continuation of the uptrend.

Other indicators, such as the Awesome Oscillator (AO), show a green-to-red transition, suggesting a potential weakening in bullish momentum or the onset of a bearish phase.

Sealana Emerges as a Promising Alternative

Amidst the Dogwifhat price correction, Sealana has emerged as one of the hottest new meme coins on Solana, raising over $219,000 in just four days since its presale launch.

A Promising Alternative

Sealana, a cheeky seal character, is making waves in the crypto space. Its presale, known as a "send SOL" presale, has no timer, stages, hard cap, or white paper. This means that there is a risk that its ICO could end at any time, making it advisable to purchase early.

Visit the official website to purchase SEAL tokens. One SOL purchases 6,900 SEAL.

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Source: https://thebittimes.com/the-dogwifhat-price-soars-24-as-new-solana-rival-sealana-surges-past-200k-in-presale-tbt87495.html