While widespread liquidations would be expected from the recent DOGE price crash, Dogecoin whales have embraced the downturn as a prime opportunity. Viewing the dip as a chance for a low market entry, these whales now purchase Dogecoin in large volumes, with the latest transactions recording a 270 million buy.
Bitcoin's recovery shows solid buying at lower levels, increasing the possibility of a break above $100,000 in the short term.
PENGU meme coin jumps 28% as Pudgy Penguins creator challenges Dogecoin dominance. Is this the next big crypto contender? Here's what you need to know. The post PENGU Meme Coin Surges 28% as Pudgy Penguins Creator Takes Shots at Dogecoin – Can it Overtake DOGE? appeared first on Cryptonews.
Crypto analyst Trader Tardigrade has highlighted an interesting development in the Dogecoin price movement as it starts to trade within a range. According to technical analysis by the crypto analyst, Dogecoin is currently in a manipulation phase.
Hedera (HBAR) price has surged significantly, reaching its highest levels in three years this December while attempting to reclaim its $12 billion market cap.
While top altcoins like Dogecoin (DOGE) and Ripple (XRP) are popular, the ROI is limited, making them less appealing to savvy investors. In contrast, DTX Exchange (DTX) is set for almost a 100% gain after its debut, scheduled to go live on Tier-1 exchanges in the coming weeks.
A crypto analyst, known as ‘CryptoSanders9563', disclosed in a report on TradingView that the Dogecoin price has broken out of a symmetrical triangle pattern. This technical pattern, signaling a bullish continuation for Dogecoin, is expected to trigger a price surge to a new target above $0.375.
Last Sunday, U.Today reported that the price of the popular cryptocurrency XRP is about to take a nosedive. It will be the worst crash since 2018, when it lost 85% in three months.
The orders imbalance could see Hedera bounce between key short-term levels and hunt liquidity pockets instead of trending northward at a steady pace.
The price of BNB and HBAR gained traction while the general market moved sideways, but the price action is still giving mixed signals over whether or not this is the start of a new uptrend.
Investors are keeping close track of the Dogecoin price, as the meme coin has recorded a surge of nearly 5% today, after a volatile trading recently. Besides, several market experts have recently sparked speculations with their comments on DOGE ETF, with many anticipating a potential launch in 2025.
The crypto market rebounded heading into Christmas Day, with traders hoping for a holiday rally of various crypto assets. Amid the expectations on the crypto market, whales, or large holders, are making significant moves.
As the Bitcoin price gained strength, the markets also turned bullish. Most cryptos initiated a strong recovery from the latest pullback, which has kept up the momentum of most of the altcoins.
SHIB's price tumbled by nearly 50% in weeks but is that all about to change?
Investors are preparing strategically for perfect returns looking for the next crypto to explode as Bitcoin soars to $107,000. The next crypto bull run has begun and it is anticipated to run through 2025, becoming essential to identify early high-potential projects to yield high gains.
Continues our analysis of the crypto world, in particular the assets we will analyze today are: XRP, IOTA, and XLM. Market statistics of the crypto XRP, IOTA, and XLM XRP, currently traded at 2.17 USD, ranks as the fourth most popular cryptocurrency, with a market capitalization of 124.7 billion dollars.
Dogecoin network activity surges, raising adoption hopes while transaction volume highlights room for growth.
On Tuesday, Ali, a prominent voice in the crypto community, revealed that whale investors purchased a staggering 270 million Dogecoin (CRYPTO: DOGE) in less than four days. What Happened: On Christmas Eve, Ali took to X to announce the significant investment in Dogecoin.
Donald Trump's election win has fueled optimism around top altcoins issued by US-based firms. Besides, several experts have further fueled optimism with anticipation over a surge in crypto ETFs this year.
The XRP chart shows a descending flag pattern, indicating that the asset has entered a critical phase. A possible decline is frequently indicated by this bearish continuation pattern.
Dogecoin faces stagnation as open interest drops severely and key support levels fail to hold.
HBAR, the native token powering the Hedera Hashgraph distributed ledger, has seen an 11% price surge in the past 24 hours. This price rally comes amidst a noticeable rise in demand for the token in the past few days.
Crypto analyst Ali Martinez has indicated that there is a looming parabolic rally for the Dogecoin price. Martinez predicted that the foremost meme coin could rally above $1 and reach as high as $20 if history repeats itself.
Hedera (HBAR) has emerged as a standout player in the cryptocurrency market, with growing attention focused on its technical setup and bullish prospects. Currently trading at $0.2715, a 4.98% increase at press time, HBAR's price action is signaling the potential for a major breakout.
TL;DR Hedera Hashgraph (HBAR) surged 21% from its weekly low, reaching $0.324, driven by the crypto market's Christmas rally. Optimism grows with the potential approval of an HBAR ETF by the SEC, as it is not classified as a security, unlike Solana or Ripple. Technically, HBAR shows bullish patterns and is expected to reach $0.
Algorand (ALGO) has seen impressive growth in recent months, particularly with a substantial surge of over 250% in Q4 2024. Despite these gains, ALGO is still trading far below its all-time high of $3.28, suggesting that the coin remains undervalued and has significant potential for growth.
Analysts and investors alike have Dogecoin under the lens, particularly in light of recent forecasts indicating a possible price spike. Market analyst Javier Santini has made headlines with his forecast that Dogecoin could hit $4 within a week after an ongoing correction phase.
A Morgan Stanley expert has identified WallitIQ (WLTQ), an AI token, as one of the top crypto picks for 2025. While Dogecoin's fan base is growing as some analysts predict that the Dogecoin Price will soon hit the $30 mark, this Morgan Stanley expert has recognized a crypto diamond in the rough.
Cryptocurrency markets are trading higher on Christmas eve, prompting traders to predict a bullish end to the year. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $98,100.74 +5% Ethereum (CRYPTO: ETH) $3,478.79 +4% Solana (CRYPTO: SOL) $196.49 +6% XRP (CRYPTO: XRP) $2.31 +6.1% Dogecoin (CRYPTO: DOGE) $0.3338 +6.9% Shiba Inu (CRYPTO: SHIB) $0.0000231 +6.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 158.7%.
According to widely-followed crypto influencer ‘artchick,' Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) will not be the main meme coin beneficiaries of a rally. The influencer's forecast hinges on Bitcoin (CRYPTO: BTC) maintaining its momentum and Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) outperforming.
Santa Claus rally happened in the crypto industry as some big altcoins experienced double-digit gains. Pudgy Penguins (PENGU), the recently airdropped token, soared by 40% on Dec. 24, bringing its market cap to $2.26 billion.
The year 2024 marked a historic milestone for the cryptocurrency ecosystem. It witnessed the approval of the first Bitcoin and Ethereum exchange-traded funds (ETFs), signaling a seismic shift in institutional adoption.
Hedera Hashgraph's price rose for the third consecutive day as the Santa Claus rally returned in the crypto market. Hedera Hashgraph (HBAR) rose to $0.3300 on Christmas Eve, up over 30% from its lowest level last week.
Digital assets saw minor gains over the past 24 hours as the Fear and Greed Index read neutral at 55. However, prevailing performances suggest trend shifts. Bitcoin eyes price levels above $97K with USUAL and Hedera's HBAR in for the Santa rally. Bitcoin signals recoveries BTC trades at $94,230 after losing 1.
Hedera's native cryptocurrency, HBAR, soared by more than 11% in the past 24 hours, surpassing Stellar in market capitalization. The post Hedera (HBAR) Skyrockets 11% in 24 Hours Overtaking Stellar (XLM) Market Cap appeared first on Cryptonews.
The Pudgy Penguins (CRYPTO: PENGU) meme coin is seeing a surge in interest, fueled by new exchange listings, bullish sentiment and whale accumulation. What Happened: Onchain Lens data shows that a newly created wallet acquired 519.99 million PENGU tokens, valued at $14.72 million, via Binance.
TL;DR Dogecoin and other memecoins have seen a significant decline in social media dominance, with traders shifting focus to more established cryptocurrencies like Bitcoin. Santiment's analysis shows a notable decrease in the social dominance of top memecoins, suggesting waning investor interest and a shift towards stable cryptocurrencies.
The better-performing altcoins have lost between 20-30% during this downturn so far. However, in the memecoin niche things are a lot worse, with losses amounting to 40-60%.
Dogecoin (DOGE), the popular meme-inspired cryptocurrency, remains one of the most intriguing coins in the market as investors speculate on its ability to rally to $1 by 2025.
XRP, SUI, and HBAR key technical patterns signal bullish breakouts, potential consolidation, and critical price targets as Bitcoin price stagnates.
The volatility on the crypto market is thinning out, as showcased by key liquidation figures. Data from CoinGlass pegs shows that this total liquidation has been at $240 million in the past 24 hours.
The cryptocurrency market is on a tear this year. The value of all coins and tokens combined recently hit an all-time high of $3.8 trillion, more than quadrupling from its bear-market low point of $823 billion in 2022.
In April, Dogecoin (DOGE) Open Interest reached a yearly high of $12 billion but dropped massively between that peak and October. It rose again earlier this month but is now on the verge of declining to its lowest point since November 10.
The markets are slowly becoming more lenient towards altcoins as the liquidity flow from Bitcoin to the other cryptos appears to have begun. More than the recent ones, the older tokens are gaining more attention.
More allocation, more ETPs? The momentum behind crypto ETFs reflects a maturing market ready to take its next big leap in 2025.
Asset managers have been pushing to list exchange-traded funds (ETFs) that give investors direct exposure to other major cryptocurrencies beyond Bitcoin (BTC) and Ethereum (ETH). However, none of the pro-crypto investment managers has so far filed to introduce a Dogecoin ETF to Wall Street investors.
Stellar's native cryptocurrency, XLM, is generating excitement among traders as it shows signs of a potential breakout. Analysts suggest the token could surge by 25% if it manages to stay above a key support level.