As Dogecoin (DOGE) continues to stamp its authority as the apex meme coin, the altcoin recently made a major milestone after breaking out of a downtrend that started in March this year.
The Dogecoin price has been consolidating around the $0.1 mark, experiencing notable price fluctuations. Amidst this market volatility, the cryptocurrency displays a unique historical chart pattern that a crypto analyst has deemed bullish.
Dogwifhat (WIF) surged over 21% in the last 24 hours to around $2.72, its highest level since mid-July. WIF's technical analysis shows bullish momentum, with the MACD rising and the 50- and 200-day MA below its price.
There is a growing shift in the meme coin ecosystem, with new entrants like NEIRO competing with old guards like Dogecoin (DOGE) and Shiba Inu (SHIB). Current liquidation data hints at where most investors' bets are, underscoring why a major flip is likely soon.
A number of attempts to break through the $0.11 mark have been met with rejection for Dogecoin, which has been experiencing strong resistance here. The market seems to be at a turning point as DOGE consolidates following its recent rally.
The official SHIB marketing lead, known under the pseudonym Lucie, has take to her account on the X social media tool (widely known as Twitter for more than a decade in the past) to stress the important role that the BONE token plays in the whole SHIB ecosystem, including Shibarium.
Dogecoin (CRYPTO: DOGE) may be gearing up for a breakout soon, defying its recent underperformance against rival meme coins. What Happened: Crypto chart analyst Ali Martinez pointed out how Dogecoin may be repeating history with its "breakout from a multi-year descending triangle, 200% surge, 60% retracement—then a bull run.
Shiba Inu set to continue on its bullish trajectory as the market confirms the second half of its cup and handle pattern.
On-chain data shows large Dogecoin investors accumulated more than $220 million worth of DOGE last week, the highest since the beginning of this year.
In an unprecedented mover, rumors of a Shiba Inu ETF launch looming over the crypto horizon have set the market abuzz. On Monday, renowned on-chain tracker Whales HQ revealed that Wall Street experts anticipate a SHIB ETF launch in the near future.
The popular meme-inspired cryptocurrency Shiba Inu (SHIB) may be mispriced, according to IntoTheBlock. As evidenced by the on-chain data, there has been a notable spike in the Large Holders Netflow metric over the past 24 hours.
Dogecoin (DOGE) is showing signs of a significant upward movement, with a recent jump of 1.13%, bringing its trading price to around $0.11. Meanwhile, market analyst Ali Martinez suggests that DOGE is breaking free from a long-standing descending triangle pattern, which could lead to an impressive rally.
On-chain data agency IntoTheBlock has published an important chart, which shows a curve of Dogecoin accumulation by large cryptocurrency holders.
The recent massive Dogecoin whale accumulation has gained notable attention from investors, especially amid a surge in DOGE price. Besides, it also signals a potential breakout ahead for the leading meme coin's price.
Shiba Inu's (CRYPTO: SHIB) prices have spiked over the past month as burn rates continue to rise and significant developments increase bullish sentiment in the community. What Happened: Shiba Inu's burn rate has increased by 544.6% with around 5.2 million SHIB coins burned in the past 24 hours, according to Shibburn data.
SHIB tries to take off, but faces resistance head-on. Traders are ready to dive!
Despite shedding over 7 percent last week, Dogecoin (DOGE) price has successfully rebounded from a crucial bullish breakout. The meme lord, with a fully diluted valuation of about $16.
Dogecoin (DOGE) has recently seen a bullish crossover on the Moving Average Convergence Divergence indicator, meaning the token could gain as high as 180% over the next few months. Meanwhile, RCO Finance (RCOF) is set to gain a massive 1,600% before 2024 ends.
As the Bitcoin price reclaims the $63,000 mark, the memecoin category has experienced a strong bullish action with some tokens recording a massive surge in their respective portfolio within a short period. Following this, top meme coins such as Dogecoin and Shiba Inu have regained traction.
Shiba Inu (SHIB) price has shown remarkable growth recently. Experts are predicting a surge of 650%, reaching $0.000112.
As we know, the cryptocurrency market is developing fast, and new projects are coming out that attract big players in the market. Rexas Finance (RXS) is one of the latest tokens that attracted the attention of Dogecoin (DOGE) whales. Currently priced at $0.
Dogwifhat registered a double-digit price hike in the last 24 hours, which can soon push the memecoin towards $5.
The Dogecoin (DOGE) price has remained in limbo for a while, but the stalemate might be counting down the days until its next major breakout. According to market analyst Ali Martinez, Dogecoin's history might be about to play out again.
Is SHIB ready to follow in the footsteps of the rest of the meme coin market and chart even better gains this week?
Dogecoin shows signs of recovery, breaking above $0.1100 and a bearish trend line, with key resistance levels ahead at $0.1165 and $0.1180.
Bitcoin's price regained its footing by pushing toward $64,000 but it was meme coins that took center stage today.
The Shiba Inu team has been one of the most active teams on social media, with marketing executive Lucie giving the community regular updates on the project.
Shiba Inu (SHIB) is starting the week positively, as all of its core metrics have lit up in green. The burn rate stands out atop a 544.55% surge, with 5,166,319 SHIB sent to dead wallets.
POPCAT, WIF's 20% surge ignites meme tokens rally amid market buzz.
The downturn in Shiba Inu's value seems persistent, with no end in sight.
The crypto markets are recovering from the recent crash, influenced by the rising tensions among the 2 popular nations. As the FUD created around these factors faded to some, the BTC price quickly regained levels above $63,500.
Dogecoin is recovering losses from the $0.1020 zone against the US Dollar. DOGE is now showing positive signs and might clear the $0.1165 resistance.
Shiba Inu (SHIB) has witnessed an impressive spike in trading activity, accumulating nearly $500 million in volume over the past 24 hours. This surge, which marks a 24.75% increase, has many market observers speculating about an impending bullish trend for the cryptocurrency.
Memecoins erupted Sunday, with major coins topping the daily cryptocurrency gainers list. What happened: Dog-themed token dogwifhat soared more than 16%, becoming the second-best performing cryptocurrency in the last 24 hours.
The cryptocurrency landscape shifts, Shiba Inu (SHIB) is gaining attention for its potential upward trajectory. Noted market analyst Alan Santana has outlined a bullish forecast, suggesting that SHIB could soon surpass the $0.00007 mark.
Shytoshi Kusama, the mysterious lead developer at the helm of the Shiba Inu (CRYPTO: SHIB) ecosystem, praised the UAE administration for exempting cryptocurrency transactions from value-added tax (VAT). What happened: In an X post on Sunday, Kusama responded to news of the exemption with a GIF of Vegeta, a character in the popular anime series Dragon Ball.
Leading cryptocurrencies rallied Sunday overnight as investors remained optimistic following a healthy employment report. Cryptocurrency Gains +/- Price (Recorded at 8:45 p.m.
Dogecoin is eyeing a breakout as traders monitor key resistance and bullish signals.
With indications of a potential recovery on its price chart, Shiba Inu is subtly setting itself up for a breakout. Now that SHIB is above its 200-day exponential moving average, which is frequently a crucial indicator for a change in market sentiment, it has emerged from a difficult period of consolidation and declining pressure.
Bitcoin's recovery above $62,000 is having a positive impact on altcoins, boosting prospects of a rally in APT, WIF, FTM and BGB.
On a low-volatility Sunday, the Dogecoin price jumped 1.13%, trading at $0.11. This bullish reversal can be attributed to DOGE's significant breakout from a descending triangle pattern, signaling a major trend reversal.
Shiba Inu (SHIB) has emerged as a focal point for investors and enthusiasts alike. Recently, market analyst Alan Santana provided a bullish outlook for SHIB in a detailed analysis on Trading View.
How many Shiba Inu do you need to become a millionaire? We do the math for the Memecoin.
The popular meme-inspired cryptocurrency Shiba Inu (SHIB) is closing the current week on a bullish note, as signaled by the Bollinger Bands indicator. Developed and named after its creator, John Bollinger, the indicator represents two dynamic lines of average maximum and minimum asset prices and the average, forming a full-fledged range.
The end of the week has turned out to be bullish for the crypto market, according to CoinStats.
The rates of most of the coins are in the green zone on the last day of the week, according to CoinMarketCap.
As the premiere of HBO's long-awaited new series, which promises to explore the fascinating history of the first major cryptocurrency, Bitcoin, approaches, the crypto community is on tenterhooks.