UXLINK Dips 7% as Investors Flock to Buy Before DEX Launch

UXLINK Price Plunges 7% Amid Trading Surge

The price of UXLINK dropped by 7% in the last 24 hours, now trading at $0.1914 as of 00:35 a.m. EST. Despite the price decline, trading volume surged by 91%, reaching $34 million.

UXLINK Price Bearish: Can Bulls Regain Control?

On September 3, UXLINK price briefly entered an uptrend, but a rounding top pattern allowed bears to take control, leading to a shift towards bearish momentum, according to GeckoTerminal.

Currently, UXLINK is trading below its 50-day Simple Moving Average (SMA) while staying above the 200-day SMA, indicating lingering bullish pressure despite the recent downturn.

Technical Indicators Show Bearish Momentum

• Relative Strength Index (RSI): The RSI has dropped to 38, signaling growing selling pressure.
• Moving Average Convergence Divergence (MACD): While the MACD is approaching the neutral line, the orange signal line remains above the blue MACD line, suggesting potential for a continued bearish trend.

If the selling pressure persists, UXLINK may drop to the next support level of $0.1800 in the coming hours.

Base Dawgz: A New Meme Coin Gaining Attention

Meanwhile, investors are flocking to buy Base Dawgz (DAWGZ), a new meme coin on the Base ecosystem, as it prepares for its decentralized exchange (DEX) launch. Crypto analyst and YouTuber Jacob Bury, who has over 42K subscribers, suggests that $DAWGZ could potentially surge 100X after its launch.

Last Chance to Buy Base Dawgz Before DEX Launch

Base Dawgz, a Shiba Inu-themed meme coin on the Base chain, will be listed on a DEX today at 6 p.m. CET, giving investors one last opportunity to buy $DAWGZ at the initial listing price. The project has already secured over $3.3 million in backing.

• Potential for 100X gains post-launch.
• Shiba Inu-inspired meme coin on the Base chain.
• Unique multi-chain interoperability across Ethereum, Solana, Binance Smart Chain, and AVAX.
• Staking system offering a 938% annual percentage yield (APY).

With its compelling narrative and multi-chain functionality, $DAWGZ is poised to challenge top Base meme coins like Brett.