Coinbase Lists DOGINME and KEYCAT
Memcoins Doginme (DOGINME) and Keyboard Cat (KEYCAT) have caught the attention of investors thanks to sharp gains following major announcements, sparking a wave of optimism.
Listing on exchanges opens these assets up to millions of new investors, which could help them reach new heights in the memecoin space.
Coinbase Adds New Memcoins
The Coinbase crypto exchange team announced that it will start supporting Doginme (DOGINME) and Keyboard Cat (KEYCAT) trading starting April 1. This decision could introduce both tokens to millions of crypto enthusiasts and significantly expand their audience. However, the exchange clarified that support for these assets may be limited in some regions.
The announcement sparked a wave of optimism among investors, leading to an increase in trading volumes and prices. Listing on a major exchange like Coinbase typically increases liquidity, which can help fuel further growth. However, it is unclear how restrictions in certain regions will affect overall demand and price dynamics.
DOGEINME is growing rapidly
Following the Coinbase announcement, Doginme (DOGINME) has seen an impressive 66% gain on the day. It is currently trading at $0.001332 and testing resistance at $0.00158, which remains key.
If the asset holds current support levels, DOGINME may break the resistance at $0.00158 and approach its all-time high (ATH) at $0.00172. Sustained bullish sentiment could push it even higher, opening the way for significant growth.
If DOGINME fails to hold at current levels and falls below $0.00092, the price may decline to $0.00070 or even lower. This will cancel the bullish scenario and mark the beginning of a downtrend, which will worsen the short-term outlook.
KEYCAT Takes a Leap
Although Keyboard Cat (KEYCAT) has not shown the same rapid growth as DOGINME, the token still rose by 27%. The altcoin is currently trading at $0.0063 and is trying to overcome the resistance at $0.0078, which has been holding for two months.
If the current momentum continues, KEYCAT has a good chance of breaking through the $0.0078 level and even reaching $0.0100.
However, if KEYCAT fails to break above $0.0078 and starts to decline, a correction to $0.0040 or lower is possible. This could cancel the bullish scenario and lead to a period of consolidation, which will slow down the recovery of the token.
Источник: cryptocurrency.tech