July 20, 2021, is a day all Dogecoin followers want to pay attention to. From at present, international fragrance maker Axe is giving freely restricted version Axe Dogecan. The bundle is available in a neat presentation field, however most of all, fortunate recipients get that “48 hour crypto scent” that all of us want in our life.
The query on everybody’s thoughts is, what does it scent like? Let’s hope it isn’t like a humid canine. Properly, you could be disillusioned there. The Axe advertising group describes it as a “dank musk,” which doesn’t scream nice at first thought.
However none of that issues; what does is the excitement generated by the undisputed king of the meme cash.
A lot wow, moon mission right here we come
How do you get your sweaty fingers on some Axe Dogecan, you ask, and the way a lot does it value? Fortunate for you cheapskates, the cans are free, however they’re restricted.
Register on the Axe site from at present at 10 AM ET. Sadly for me, and others like me, it seems to be out there to U.S residents solely. If demand is something just like the April and Might pump we noticed this yr, you understand they’ll go fast.
Anticipate scalpers to checklist them on eBay as shortly because the CCP banned crypto mining. On that, it’ll be fascinating to see what somebody is prepared to pay.
Regardless of the continuous bleed of Dogecoin since Papa Elon bad-mouthed Bitcoin, Axe is assured issues can flip round for DOGE.
Within the packages comes a statement that reads, “We’re going to the moon.” Slightly aptly, the can itself exhibits an image of the moon. It goes on to say:
“On this can, you’ll discover the crypto-confidence you must get there. This isn’t a scent to cease and have fun how far the Doge Military has come. It’s the scent to rocket all the way in which there. So strap in.”
Dogecoin on the ropes
It looks as if an eternity since a $1 Dogecoin appeared on the playing cards. Joking apart, from a technical perspective DOGE appears to be on the ropes.
Dogecoin is at present buying and selling at $0.1643, which is 78% down from the native high established on Might 8.
Since early June, the worth has been buying and selling under the 50-day transferring day. Robust assist may be discovered on the $0.1564 degree, but it surely appears as if a retest of that degree will occur quickly. The subsequent vital assist degree exists at round $0.05.
The RSI paints an equally grim image. Dogecoin’s momentum is caught close to the oversold zone, with a present studying of 30%. Whereas this typically signifies a reversal may very well be on the way in which, wider crypto uncertainty is stifling bulls.
Get an edge on the cryptoasset market
Entry extra crypto insights and context in each article as a paid member of CryptoSlate Edge.
Like what you see? Subscribe for updates.