Is It Too Late To Buy SNOOFI? Reddit Dog Price Skyrockets 225% As This Shiba Inu 2.0 Closes On $1 Million
The Reddit Dog price surged 225% in the last 24 hours to trade at $0.010 as of 03:39 a.m. EST on trading volume that skyrocketed to $24.65 million. Santiment says SNOOFI continues to gain traction on Reddit and Twitter, with the involvement of popular communities like WallStreetBets, suggesting that the token could become a top contender among meme coins. Reddit Dog Price Aims For A Sustained Rally The Reddit Dog price has been on a tear since its launch yesterday, soaring through a markup phase, after which the bulls now struggle to push the price above the $0.013 resistance, according to data from GeckoTerminal . The price movements today have formed a cup-and-handle pattern as the bulls aim to sustain the upward trend. SNOOFI now trades above the 50-day Simple Moving Average (SMA), which is a confirmation that the asset is on a bullish trend. Moreover, the Relative Strength Index (RSI) trades above the 50-midline level, currently at 53, as SNOOFI still remains slightly a...