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Dork Lord (DORK) is likely one of the prime performers at this time, with an 85% acquire within the final 24 hours. On the time of writing, the meme coin was buying and selling at $0.00585.
Whereas the broader cryptocurrency market, particularly top-ten cash, has been consolidating for weeks, DORKL’s volatility has elevated considerably.
DORKL posted an all-time excessive of $0.0213 on September 7, but it surely has since dropped by 72% from these ranges. The positive aspects on the time triggered a wave of promoting exercise, and by September 10, DORKL had once more dropped to a report low of $0.00257.
DORKL is a extremely speculative token, which explains the volatility witnessed in current weeks. Whereas the current positive aspects are iconic, there’s nonetheless a chance that extra value dips may very well be on the best way as profit-takers exit their positions.
The current positive aspects have seen DORKL garner a lot curiosity throughout Crypto Twitter, and it has been trending on the platform. Elevated social exercise round a token often interprets to sturdy value actions.
$DORKL @X. pic.twitter.com/FLewXkjQkz
— ᗪOᖇK ᒪOᖇᗪ (@DorkLordToken) September 11, 2023
DORKL Bullish After 85% Acquire
DORKL is bullish at this time after posting vital value positive aspects. FOMO is driving the bullish momentum, and if extra patrons bounce in now trying to scoop income, additional positive aspects will doubtless be created.
The bullish momentum seems to face resistance on the $0.00801 stage. If bulls push the worth previous this stage, the rally will doubtless soar to $0.012.
DORKL buying and selling volumes have elevated by 60% within the final 24 hours to $7.99 million, which can be a bullish indicator. If patrons are behind these volumes, extra positive aspects can be reported within the quick time period.
DORKL has a Relative Energy Index of 52, which factors to purchaser momentum. Nevertheless, the shopping for strain is weak, and the RSI is tipping south, signaling weak bullish strain and a risk of sellers coming into the market.
Alternatively, DORKL’s Transferring Common Convergence Divergence (MACD) line is transferring north. Its histogram bars are additionally inexperienced and constructive, proving that bulls are answerable for the worth motion.
Wall Road Memes Sees Spectacular Presale With Over $25M Raised
The Wall Road Memes crypto presale began on Might 26, and solely 15 days are left earlier than the occasion closes. The presale is in its last stage, with 1 WSM buying and selling at $0.0337.
The entire raised from this presale is round $25 million, with traders now dashing to safe their tokens earlier than the presale ends. The presale is slated to shut by the top of the month, after which WSM will checklist on tier-1 exchanges.
Wall Road Memes has huge neighborhood assist. WSM seeks to tokenize the motion, with the whole 2 billion provide going in direction of the neighborhood. 50% of this provide was put aside for the presale. 30% in direction of neighborhood rewards, whereas 20% of the availability went in direction of liquidity.
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