Dogecoin spin-off token XDOGE has bolted to new highs following a sensational +500% breakout pump, yet, amid the huge rally another little known crypto is flying high at presale stage following Bitcoin’s resurgence.
Recent weeks have seen a huge trend in explosive DEX-launched tokens, with countless moon-shots garnering significant attention, including the ever-popular APX, SAMBO bot, MOONEY, OGGY, REFUND, DRS and AICGFI.
捡钱行情
挺无语的了$XDoge
0x0093f72b900c0b526aa0ef736048a916010a02d1 pic.twitter.com/2kTOSciG8c
— 0xEgg.eth (@0x6666667) October 30, 2023
The significant upside move can be partially explained by a huge surge of interest from Chinese DEX traders, with this specific $XDOGE token doing rounds on Chinese ‘alpha’ groups.
As $XDOGE price action rockets up, XDoge is currently trading at a market price of $0.002351 (representing a 24-hour change of +336%).
The substantial upside move was triggered at 5AM on October 30, following a -73% retracement bleed-out since October 22.
Launching out of the rock-bottom price level above $0.0002, the first 9-hours of aggressive rallying saw $XDOGE price action grind up to the prior all-time high at $0.0007325.
With historic resistance crumbling in face of the sudden influx of Chinese traders, $XDOGE price hammered up a further +197% to a first-leg rally high at $0.0021.
At this stage, in typical fashion early backers took profit triggering a sudden -53% retracement move, however, this established a strong level of lower support at $0.00099.
Impressive footing here saw price accelerate back up the chart, amid a 24-hour influx of $843k in volume – in a high octane +138% move that smashed the previous all-time high.
Now battling to push up further at the new all-time high of $0.002374,
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