Cryptocurrency analyst and trader Ali Martinez, known on the X platform as simply Ali, has taken to his social media account to share that the largest meme cryptocurrency by market cap value, Dogecoin, is likely preparing to break out soon.
Dogecoin (DOGE), the memecoin known for its Shiba Inu mascot, has witnessed a significant increase in network activity. Over the past week, transactions surpassed 1.93 million, according to data from IntoTheBlock, positioning DOGE above other popular tokens such as Shiba Inu (SHIB), Floki (FLOKI), and Pepe (PEPE).
Dogecoin could be gearing up for another major surge in price as the meme coin's chart shows the formation of a major pattern. The Golden Cross pattern is a major bullish formation on a chart that usually precedes a notable rally for digital assets such as DOGE.
Increasing activity for DOGE: over 1.93 million weekly transactions
Investors are always in a hurry to discover unnoticeable yet profitable altcoins in the ever-changing world of cryptocurrencies. Coins such as Cardano (ADA) and Polygon (MATIC) frequently capture headlines. However, according to experts, a new player, Rexas Finance (RXS), is on the verge of making news in the crypto marketplace.
TL;DR Cardano Launches Kinka Gold: Cardano, in collaboration with EMURGO and Kinka Gold, has introduced a gold-backed token called XNK, aiming to bridge traditional assets and digital currencies.
Cardano (ADA) has seen a 5% increase in price over the past 24 hours. This reflects the general cryptocurrency market's positive trajectory since the US Federal Reserve cut interest rates on Wednesday.
Check out which meme coins witnessed a double-digit price rally in the last 24 hours.
Cardano founder Charles Hoskinson is set to meet with Argentina's President Javier Milei in October to discuss the role of cryptocurrency in shaping the country's economy.
Meme coin leaders Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) have rallied 4.5% and 8% after the announcement of a 50-basis points rate cut in interest rates. What Happened: Interest rate cuts have prompted crypto traders to predict bullish momentum for the cryptocurrency markets.
A spike in transactions suggests a potential revival of user engagement and could indicate growing adoption or increased trading activity - leading to higher prices.
PEPE price reclaimed the $0.00008 level on Sept 19, up 7% in 24-hours, amid rising market liquidity triggered by the US Fed Rate Cut announced on Wednesday.
Cardano shows mixed signals on the technical indicators, not to mention the on-chain data. Despite bullish trends in the metrics, ADA has been unable to gain significant price momentum.
The crypto market update for September 19, 2024 Asian trading hours sees Bitcoin break above $62,000. BTC price rose as traders cheered the US Federal Reserve's 0.5% interest rate cut – the first one since 2020. Most altcoins also traded higher, with Ethereum gaining to above $2,450.
Dogecoin (DOGE) price has been facing a prolonged downtrend for over five months, with the meme coin struggling to break free. Recent price action suggests that DOGE's anticipated breakout might not materialize anytime soon.
In 2024, the Cardano (ADA) ecosystem has seen remarkable growth in its smart contract capabilities, with Plutus V2 contracts taking center stage.
The new entry marks a significant milestone for the decentralized future.
The cryptocurrency markets continued their recent uptick, with major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), Dogecoin (DOGE), and Toncoin (TON), in the green.
In a meeting planned with Argentina president Javier Milei, Charles Hoskinson wants to discuss how blockchain can rewrite global economic and political systems.
As a technology provider, behind XNK there is Emurgo.
Billy Markus, known on the X platform as Shibetoshi Nakamoto, who created the iconic meme cryptocurrency Dogecoin in tandem with Jackson Palmer in 2013, has shared his take on the way Bitcoin price reacted to the big interest rate loosening made by the Fed Reserve.
Amid the ongoing altcoin recovery triggered by the recent Bitcoin (BTC) price pump above $62k for the first time in September following the first Fed's rate cut on Wednesday, leading meme coin, Dogecoin (DOGE) has signaled a potential bull up run in the near term.
There has been a lot of activity on-chain for Dogecoin (DOGE) recently, which suggests that people invested in cryptocurrencies are feeling more optimistic toward the popular dog-themed meme coin.
Considering the erratic nature of crypto assets, the next project that will cash in worthwhile has always engaged the interest of almost every investor. Hence news, Rexas Finance (RXS) token circles as one of the RWA tokenizations with the potential to grow rapidly up to overtake Dogecoin (DOGE) and Toncoin (TON) in Mid 2025 market cap. In this presale, the Rexas finance token is priced so cheap at $0.04 depicting that it is at the young stage but so much enticing especially to institutional investors because of its investment value.Will Rexas Finance overtake DOGE and TON in terms of Market Cap? Why should you buy now? We answered all these questions in the article below.
Dogecoin remained under bearish pressure, with a potential retest of the immediate support level if the momentum continues.
Cardano price has picked up speed lately and has formed a bullish reversal pattern that could result in higher prices in the long run. Most of the gains are being attributed to renewed whale activity on the network.
Dogecoin started a fresh increase from the $0.0985 support against the US Dollar. DOGE could gain pace if it clears the $0.1085 resistance.
Dogecoin is testing a crucial price level after a turbulent week that saw a 22% surge from local lows and a sharp 9% drop to its current price. The meme coin has experienced significant volatility, with choppy price action causing uncertainty among investors.
Cardano's Long/Short ratio, Futures Open Interest, and OI-Weighted Funding Rate are flashing bullish signals.
The lackluster Dogecoin price action could change very soon as on-chain data suggests increased activity behind the scenes. Particularly, on-chain analytics company IntoTheBlock revealed a surge in daily transactions on the Dogecoin blockchain, pushing the count to its highest point since July.
Dogecoin has processed 1.93 million transactions over the past week, the highest level since early July.
Cryptocurrency markets are trading relatively flat after the Federal Reserve announced a 50-basis-point interest rate cut, making risk assets more attractive. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $60,376.37 -0.4% Ethereum (CRYPTO: ETH) $2,322.72 -1.3% Solana (CRYPTO: SOL) $130.3 -1.7% Dogecoin (CRYPTO: DOGE) $0.101 -0.3% Shiba Inu (CRYPTO: SHIB) $0.00001334 -0.04% Notable Statistics: IntoTheBlock data shows an 8% decline in large transaction volume and a 4% increase in daily active addresses.
Cardano (ADA) has made headlines by decisively winning a recent poll conducted by Weiss Crypto, a respected ratings agency in the cryptocurrency sector. The survey, which garnered over 7,000 votes, revealed that a staggering 76% of respondents believe Cardano boasts the best technology among altcoins.
Cryptocurrency markets are trading relatively flat after the Federal Reserve announced a 50 basis points cut, making risk assets more attractive. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $60,376.37 -0.4% Ethereum (CRYPTO: ETH) $2,322.72 -1.3% Solana (CRYPTO: SOL) $130.3 -1.7% Dogecoin (CRYPTO: DOGE) $0.101 -0.3% Shiba Inu (CRYPTO: SHIB) $0.00001334 -0.04% Notable Statistics: IntoTheBlock data shows an 8% decline in large transaction volume and a 4% increase in daily active addresses.
Amid an underwhelming price action, canine-themed meme coin Dogecoin (DOGE) is now seeing a rise in one of its key metrics.
On-chain data shows the Dogecoin miners have been accumulating recently. Here's what this could mean for the memecoin, based on past pattern.
Cardano (ADA) is making headlines as it forms a symmetrical triangle pattern on its price chart, a technical signal that could indicate significant price movement in the near future. After experiencing a notable decline over the past four months, Cardano's price has drawn the attention of market analysts, particularly in the context of broader economic factors and network activity.
Bitcoin is at a critical juncture, and analysts are divided about the potential impact of interest rate cuts on the market's direction.
Dogecoin (DOGE) has shown a promising bullish signal as key metrics skyrocket. According to IntoTheBlock, last week, Dogecoin processed an impressive 1.93 million transactions, marking the highest weekly transaction count since early July.
Pseudonymous crypto trader Master Kenobi believes that Dogecoin (CRYPTO: DOGE) will continue to outperform Bitcoin (CRYPTO: BTC) in the current market cycle. What Happened: In a detailed social media post, Kenobi noted that despite Dogecoin's initial creation as a joke, it has managed to gain significant attention and popularity in the crypto community.
Cardano is set to see a rise in user adoption after the much-awaited release of Midnight's whitepaper, dubbed the "Nightpaper."
The crypto market continues hovering close to its valuation of $2.05 Trillion mark, indicating stability in the crypto space. Moreover, the market leader, Bitcoin price had reclaimed the $60K mark during the early Asian trading hours. This highlights increased price action.
A recent analysis from a well-known Dogecoin (DOGE) enthusiast and technical analyst suggests that DOGE could be on the verge of a stunning price, as he pointed out that the meme coin is just a few weeks away from completing its first "golden cross" in over four years - a technical indicator often associated with upward momentum.
The price of Cardano has dropped by 1% today, with ADA falling to $0.3304 as the cryptocurrency market as a whole barely moves in the past 24 hours.
Cardano founder Charles Hoskinson has posted a photo of himself taken at the TOKEN2049 blockchain event in Singapore.
Opinions matter in the broader digital currency ecosystem. Dogecoin (DOGE) cofounder Billy Markus shared a strong opinion about crypto conferences on X.
Many industry leaders have responded excitedly to the latest post of Elon Musk revealing the advancement made by Neuralink's Blindsight project. Among those who have taken to social media to convey their excitement are cryptocurrency leaders like Dogecoin co-creator Billy Markus.
The Cardano ecosystem is poised for significant growth with the introduction of the NIGHT token, as detailed in the recently published Midnight “Nightpaper.” As a Cardano native asset, NIGHT will play a role in governance and network consensus, supporting the blockchain's innovative dual-token system alongside DUST, a token designed to manage transactions while preserving user