Sundog Price Surges 9% on Trust Wallet Partnership

The Sundog (SUNDOG) price has spiked over 9% within 24 hours, reaching $0.1426 as of 7:17 a.m. EST. This surge is attributed to investors' interest in the dog-themed meme coin following a significant partnership announcement.

Collaboration with Trust Wallet

Sundog's price hike stems from the project's collaboration with Trust Wallet, introducing a launch pool where users can stake tokens to earn rewards from upcoming pre-launch projects.

Technical Support and Resistance Levels

Currently, Sundog's price is hovering near the technical support level of $0.1379. A drop below this could result in a decline to $0.1204. However, maintaining a position above $0.1581 for the next 12 hours could signal a potential upward trend.

Bullish Momentum Waning

Technical indicators suggest that Sundog's bullish momentum is potentially fading. The price is resting on the 9 Exponential Moving Average (EMA), which it has recently crossed below. Additionally, the Moving Average Convergence Divergence (MACD) indicator shows a narrowing gap, indicating a possible bearish shift.

Competition from Pepe Unchained

Amidst Sundog's Trust Wallet partnership, investors are also flocking to Pepe Unchained (PEPU), a Layer 2 meme coin. This rival project aims to enhance the PEPE brand's scalability and offers lightning-fast transactions and low fees.

Pepe Unchained's Ecosystem Expansion

Pepe Unchained has announced several recent developments, including a developer grant program and a user-friendly meme coin launchpad. The launchpad aims to compete with Pump.fun and potentially drive value for investors.

PEPU Presale Success

Pepe Unchained's presale has attracted over $25.5 million, showcasing significant investor interest. The token is currently priced at $0.01239 and can be purchased with ETH, USDT, BNB, or a bank card. Staking PEPU also offers a substantial 94% annual yield.