SUI, POODL price prediction as Binance lists TON meme coin DOGS - CoinJournal

Sui (SUI) trades above a key support area, while Poodlana (POODL) is up 10% in the past 24 hours. On the other hand, TON meme coin Dogs (DOGS) will list on Binance and other exchanges.          

Sui (SUI) reached its highest price in two weeks over the weekend, trading above $1.05 as Bitcoin (BTC) retested resistance levels above $64,000. Meanwhile, TON meme coin Dogs (DOGS) is trending ahead of listing on Binance. Recently launched Poodlana (POODL) is also eyeing further exchange listings. Here’s the price prediction for SUI, DOGS and POODL as Bitcoin shows resilience with BTC near $64k. Sui (SUI) price prediction The price of Sui rose to above $1 on the back of strong buying from lows of $0.84 on Aug. 22. The breakout above $1.00 is the second time SUI has tested the psychological level since its breakdown in mid-June. While bears succeeded in pulling prices back below the key level, SUI remains largely in positive territory. A look at the charts shows that the coin’s current price is above the 50-day simple moving average ($0.80). Moreover, both the daily Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) suggest SUI bulls retain the upper hand.

Likely, fresh buying will push SUI/USD back above $1.00, with resistance around the $1.10 and $1.50 areas. On the flipside, the areas around $0.80 and $0.63 could offer robust demand reload zones. The primary support area coincides with the 50-day SMA. DOGS to list on Binance Dogs (DOGS) is a memecoin on the TON network and which has a huge community on Telegram. The DOGS mascot is an inspiration from Telegram founder Pavel Durov’s dog – and the Telegram founder’s arrest in France sparked a community rally for his release. While Durov’s arrest has Toncoin (TON) and various tokens in the Telegram crypto ecosystem facing downside pressure, DOGs is bullish ahead of its debut on Binance. The exchange announced Dogs as its 57th Launchpool project, with tradning expected on Aug. 26. Binance will list Dogs with four trading pairs – DOGS/USDT, DOGS/BNB, DOGS/FDUSD and DOGS/TRY. Apart from Binance, crypto exchange Gate.io will also list DOGS with the trading pair of DOGS/USDT going live at 12 pm UTC. The price of DOGS could spike amid the listing, potentially mirroring price performances of meme coins such as dogwifhat, Bonk and Popcat. Poodlana price prediction Currently, Poodlana (POODL) trades 10% up in 24 hours and +32% in the past week. Per data from CoinMarketCap, trading volume is up 2% at over $1.3 million in the past 24 hours. The meme coin’s price is at $0.028, with a robust support zone near $0.026. On the upside, the area around $0.038 remains a critical supply zone.

Like Dogs, Poodlana is a new dog-themed meme coin. Launched on Solana, the Poodlana token recently rocketed to presale success with $8 million in 30 days. Soon after, POODL landed on Raydium and then MEXC. A further milestone came in the form of listing on crypto trading platform BingX. Ahead of these exchange listings, analysts had projected the potential impact of a possible listing on Binance. Poodlana, a cryptocurrency that blends meme culture and luxury fashion, could soon land on another tier-1 exchange. The Poodlana team recently teased another exchange listing is in the offing. If Binance takes this step, a combination of global visibility and POODL’s massive market in Asia, could be a huge catalyst. If interested in buying POODL, visit the official Poodlana website.

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Shiba Inu (SHIB) is launching a DAO to give holders a voice in governance. The DAO will feature two councils: Charity and Culture & Heritage. SHIB’s price is down 82.4% from its 2021 peak, despite growing real-world use.

Shiba Inu (SHIB), the leading meme coin and the 13th-largest cryptocurrency by market capitalization, is preparing to launch its own Decentralized Autonomous Organization (DAO). Announced by the project’s marketing head “Lucie” on August 25 in a comprehensive post on X, this move marks a pivotal shift in the meme coin’s governance structure, empowering its community with a more significant role in shaping its future. From a community-driven experiment to a major player in crypto Shiba Inu, which began as a community-driven meme coin experiment in 2020, has evolved from a modest digital asset into a major player in the cryptocurrency landscape. Created by the enigmatic Ryoshi, Shiba Inu started with no clear purpose other than to test the possibilities of a token driven entirely by its community. After Ryoshi relinquished control by burning the keys to the token’s supply, the project fell into the hands of volunteer Shytoshi, under whose leadership Shiba Inu has garnered global recognition and substantial market presence. Introducing a governance model for SHIB holders The forthcoming DAO will introduce a new governance model where SHIB holders will have a voice in the project’s future direction. This model aims to democratize decision-making within the Shiba Inu ecosystem, giving every holder, regardless of their stake size, a say in key initiatives. The DAO will be guided by two primary councils: the Charity Council and the Culture & Heritage Council. These councils will oversee community-driven efforts such as charitable outreach and preserving the unique culture of the Shiba Inu community. In addition to SHIB, other tokens in the Shiba Inu ecosystem, including Bone ShibaSwap (BONE) and Doge Killer (LEASH), will play roles in DAO governance. BONE holders will focus on education and innovation, while LEASH holders will address inclusivity and transparency within the project. Shiba Inu (SHIB) price performance Despite Shiba Inu’s significant achievements, including its integration into everyday transactions through various merchant partnerships, the price of SHIB remains down 82.4% from its all-time high of $0.00008616 recorded in October 2021. The meme coin’s price has also been affected by recent events, including a major hack of the Indian exchange WazirX, which resulted in substantial losses for SHIB holders. At press time, SHIB was trading at $0.000015 up 13.8% over the last week as it tries to recover from the recent drop. As Shiba Inu continues to adapt and expand, its move toward decentralized governance represents a major milestone in its journey from a community experiment to a leading cryptocurrency. The introduction of the DAO is set to enhance the token’s governance, utility, and impact, reaffirming Shiba Inu’s commitment to leveraging the power of decentralized initiatives.

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