While a correction looms, DOGE's resilience and mounting support hint at dynamic possibilities by Q4's end.
After the recent gains, Dogecoin recorded a sudden surge in the wallets that are in profits.
Dogecoin has been experiencing significant volatility, with a 44% surge followed by a 9% dip since October 10. This dramatic price movement has left analysts and investors cautiously watching the market, unsure of Dogecoin's next move.
The cryptocurrency market is seeing mixed signals as Ethereum (ETH) struggles to maintain its upward momentum, while Dogecoin (DOGE) and Shiba Inu (SHIB) experience notable price fluctuations. After a recent spike, the market is now calming down, leaving investors to wonder what lies ahead.
Cat-themed cryptocurrencies Popcat (CRYPTO: POPCAT) and cat in a dogs world (CRYPTO: MEW) have emerged as top gainers in the overall crypto market. What Happened: According to Coingecko, cat coins are nearing a $5 billion market cap, with a 7.7% gain in the last 24 hours.
Dogecoin (DOGE) holders who have clung to their coins for a significant period might now be preparing to cash in. There has been a notable movement in DOGE coins held for extended periods, suggesting a shift in sentiment among these long-term investors.
As investors grapple with the cryptocurrency market's next moves amid recent turbulence driven by geopolitical and economic concerns, attention is shifting away from established top-cap coins like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Cardano (ADA) toward the burgeoning appeal of meme coins.
Bitcoin (BTC) has recovered after facing significant selling pressure. On the 23rd, it dropped to a day low of $65,198 before recovering and pushing back above $67,000.
The Dogecoin price is on the rise. The meme-inspired cryptocurrency has been a hot topic as its price has increased, and massive trading volumes have begun attracting many new crypto traders.
Dogecoin (DOGE) price has continued its uptrend and has risen above the previous high of $0.143.
According to the market intelligence platform IntoTheBlock, Bitcoin (BTC), Dogecoin (DOGE), Shiba Inu (SHIB), and Ethereum (ETH) have emerged as the coins with the longest holding period. This is significant because it indicates that crypto investors have the most faith in these coins.
Per IntoTheBlock data, Dogecoin and Shiba Inu are among the longest HODLed coins in the market.
The on-chain analytics firm Santiment has revealed the potential reason behind the corrections that Dogecoin and Apecoin have faced recently. Dogecoin & Apecoin Are Among Memecoins That Fell Prey To FOMO Recently As explained by Santiment in a new post on X, the Positive Sentiment vs.
Dogecoin price is gearing up for another potential rally, with one analyst stating that the meme coin “looks so ready” for a staggering 5,200% upside. This bullish prediction comes as market enthusiasts watch closely for the next DOGE move after it surged 45% in 10 days.
A popular cryptocurrency analyst has recently suggested that the price of the meme-inspired cryptocurrency Dogecoin ($DOGE) could see a massive price increase in the near future, based on historical data.
Volatility has continued to rock the digital currency ecosystem with Bitcoin (BTC), Chainlink (LINK) and Dogecoin (DOGE) in the spotlight. Current market data shows the combined crypto market cap dropping by 2.05% to $2.28 trillion.
Cryptocurrency markets are down on Wednesday, pushing crypto long liquidations to the highest since Oct. 15. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $66,169.96 -2% Ethereum (CRYPTO: ETH) $2,503.20 -4.8% Solana (CRYPTO: SOL) $170.11 +0.99% Dogecoin (CRYPTO: DOGE) $0.1364 -2.7% Shiba Inu (CRYPTO: SHIB) $0.00001738 -4.9% Notable Statistics: IntoTheBlock data shows large transaction volume inching higher by 0.7% and daily active addresses falling by 12.5%.
Despite the demand for meme coins waning, a crypto analyst has claimed that the Dogecoin price could be on the verge of a parabolic 5,202% price surge. Lately, the price of Dogecoin has been on a major decline, failing to break key resistance levels.
Bitcoin's correction ignited selling in altcoins, which are slipping below critical support levels.
Pseudonymous crypto trader Hoeem outlined a three-wave trading strategy to navigate the volatile meme coin markets. What Happened: Hoeem took to X to outline his approach that categorizes trading into three distinct waves.
Dogecoin experienced a strong upswing over the past months. Analysts eye a repeat of 2020 pattern that saw a 1366.67% surge.
As the broader cryptocurrency market continues to experience price fluctuations, the leading cryptocurrency, Bitcoin (BTC), has not been spared. BTC's price is hovering around $66,000 after its brief surge to $69,300 over the weekend.
The Dogecoin community is buzzing with anticipation as the dog-themed cryptocurrency prepares to roll out a significant update to its decentralization project.
Goatseus Maximus (CRYPTO: GOAT), an AI-created meme coin, has been gaining significant momentum, with a 160% week-over-week gain and a listing on centralized exchange ByBit. What Happened: ByBit on Wednesday stated that it had listed a GOAT perpetual contract for trading with up to 12.5x leverage.
The dog-themed coin is a favorite of Elon Musk, the "Dogefather."
Most traders within the Dogecoin (DOGE) ecosystem are now more cautious than ever, considering the coin's unpredictable volatility. In line with the general bearish market trend, Dogecoin has suffered more liquidations over the past 24 hours, with long traders specifically placed in the spotlight.
Dogecoin trader who turned $1k to $1M reveals new altcoin prediction, eyeing a 12,000x ROI by Q1 2025. Will he repeat his past success?
Due to a notable increase in large transactions, Dogecoin has drawn interest from traders and investors. On-chain data indicates that there were 1,600 large transactions over the course of the last 24 hours, totaling 11.12 billion DOGE in volume.
Global crypto market cap has seen a sudden drop in value, falling from $2.32 trillion to $2.29 trillion reflecting a drop of 1.58% overnight. This comes after Bitcoin ETFs in the U.S. experienced their first outflow in seven days, with Bitcoin's price holding around $66.5K.
Dogecoin (DOGE) and XRP (XRP) were among the major tokens that faced a decline in their values amid a market-wide downturn. The declines followed a rally earlier this week as traders seized profits amid broader market weakness.
Serial tech entrepreneur Elon Musk responded to a recent X post published by a Dogecoin co-founder, offering him support and probably even thanking him. Another influential figure joined in on their exchange of comments – cryptocurrency supporting Sean Ono Lennon, the junior son of the legendary Beatles musician.
Dogecoin (DOGE) and Solana (SOL) aren't set to drive the next bull run. Instead, an undervalued token priced under $0.10 is poised for breakout growth.
Traditional memecoins like Shiba Inu, Dogecoin and Bonk have a major edge according to recent listing trends on Upbit, the biggest exchange in South Korea. DeSpread claims that the South Korean exchange has been cautious when it comes to listing memecoins taking into account only those that have been traded for a minimum of two years.
The broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market capitalization, fell nearly 2% while bitcoin lost 1%
Dogecoin continued to demonstrate strong demand which has kept the bears at bay, allowing the memecoin to hold on to recent gains.
Cat-themed Popcat (POPCAT) shrugged off declines in the meme coin space to emerge as one of the market's biggest gainers on Tuesday. What happened: The Solana (CRYPTO: SOL)–based coin rose 5.63% in the last 24 hours, becoming the second-best-performing cryptocurrency in the market.
The approval of a DOGE Exchange-Traded Fund (ETF) could significantly impact the Dogecoin price, potentially driving it to new heights. Given the previous market response to Bitcoin ETFs, an approved Dogecoin ETF would likely attract substantial institutional investment and enhance market liquidity.
A prominent cryptocurrency analyst who accurately predicted the collapse of Bitcoin in May 2021 is now making a bold call on the meme-inspired cryptocurrency Dogecoin, pointing to a potential substantial price increase as it breaks through a key resistance level.
As the Dogecoin price and Shiba Inu price compete for supremacy, a new contender, ETFSwap (ETFS), is capturing attention with an astonishing forecast of a $9,230% increase over the next 30 days, positioning itself as a potential game-changer in the crypto market. Dogecoin Gs.
At press time, Dogecoin was found to have gained significantly as it jumped to $0.141556 following a 1.77% growth that occurred within the last 24 hours. In a week, the meme coin has gone pretty high at a 30% increase which propelled its 24-hour trading volume to $1.9 billion with an upsurge of 35%.
Hopes of a rally toward $3,000 were raised by Ethereum's recent 15% price increase but it looks like the upward momentum has encountered a major obstacle. For ETH the 100 EMA has shown to be a strong resistance level and the assets recovery appears to have stalled at this point.
Crypto analyst Trader Tardigrade has drawn the crypto community's attention to a historical pattern in which the Dogecoin price has replicated this cycle. The analyst indicated this is bullish for the foremost meme coin as he revealed what will likely happen next.
Cryptocurrency markets are trading sideways on Tuesday: Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $67,436.75 -0.03% Ethereum (CRYPTO: ETH) $2,626.50 -1.7% Solana (CRYPTO: SOL) $168.23 +1.3% Dogecoin (CRYPTO: DOGE) $0.1395 -2.3% Shiba Inu (CRYPTO: SHIB) $0.00001823 -1.3% Notable Statistics: IntoTheBlock data shows large transaction volume increased by 78.9% and daily active addresses dropped by 4.6%. Transactions greater than $100,000 are up from 5,769 to 8,957 in a single day.
Dogecoin (DOGE) sparks excitement within the cryptocurrency market, even attracting solid bets from retail traders amid surged profitability. Coinglass data confirms optimism among traders, with the positive Long/Short ratio suggesting bullish bets. That underscores confidence in Dogecoin's future price actions. Also, Dogecoin's performance has grabbed the attention of large-scale investors.
WallitIQ (WLTQ) and Pepe (PEPE) to lead crypto bull run with 90,000% gains as Dogecoin price is set to rally.
As the meme coin landscape evolves into a narrative of its own this cycle, coined the “meme coin supercycle,” crypto analyst Murad Mahmudov notes a shift in perception poised to reshape the cryptocurrency landscape – meme coin cults.
Due to heightened transactions, Dogecoin's on-chain data continues to be strong, with whales igniting the fire.