A prominent crypto analyst has sparked a thought-provoking debate on social media platform X, suggesting that the Dogecoin price may mirror XRP's performance during the previous bull market. While most major cryptocurrencies surged to new all-time highs in the 2021 bull run, XRP struggled to break past its previous peak.

The price action of XRP has been strengthening recently, indicating that the death cross that has been approaching for several months is not going to occur. When a short-term moving average crosses below a long-term moving average, it is known as a death cross and usually denotes bearish momentum.

Billionaire and founder of Tesla and SpaceX, Elon Musk, appears to be influencing the token price of Dogecoin (DOGE) with his proposed department “Department of Government Efficiency” under Republican Donald Trump's presidential campaign. On October 18, 2024, DOGE gained remarkable attention from the crypto community with its impressive price surge of over 13%.

Dogecoin (DOGE) meme coin has seen a significant surge in value, leading to speculation about whether it will hit the $1 mark. Cryptocurrency trader DonAlt has predicted that the Dogecoin price could reach this milestone if the broader market maintains its bullish momentum.

Dogcoin bulls made a strong appearance this week, but how much longer can the rally continue before an inevitable pullback?

Cryptocurrency prices have rebounded, with the largest memecoins by market capitalization—Dogecoin, Shiba Inu, and Pepe—posting double-digit gains over the past week. This recovery was sparked by Bitcoin's “Uptober” rally above $68K, driving increased buying demand. Notably, Dogecoin's recent surge has attracted whale investors, pushing the price past key resistance levels.

Dogecoin (DOGE) price is up 10% in the last 24 hours, catching the eye of traders with increased activity. The recent surge in trading volume and trend indicators like ADX reflect growing interest in the market.

Cryptocurrency markets are trading higher as BlackRock's Bitcoin ETF accumulated $1 billion in BTC this week. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $68,954.45 +2.9% Ethereum (CRYPTO: ETH) $2,665.94 +2.9% Solana (CRYPTO: SOL) $156.04 +5% Dogecoin (CRYPTO: DOGE) $0.1388 +14.2% Shiba Inu (CRYPTO: SHIB) $0.00001889 +6.6% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 16.4% and daily active addresses growing by 19.9%.

Bitcoin price is hovering near $68,500 as bulls seek further strengthening towards the previous all-time high. Meanwhile, several meme coins have seen a decent spike in prices over the past week as the US election draws ever closer and bullish crypto sentiment solidifies.

DonAlt, a pseudonymous cryptocurrency trader with more than half a million followers on the X social media network, has predicted that Dogecoin (DOGE) can potentially "run" all the way to the $1 mark as long as the broader cryptocurrency market remains in bullish mode.

Why is crypto's seasoned top dog outshining newer rivals like WIF and BONK in mid-October's crypto market trends?

This week has seen a resurgence in trading activity, with a notable 10% increase in the global crypto market capitalization. As a result, large coin holders, also known as whales, have started accumulating certain coins.

Bitcoin, the pioneer cryptocurrency, has been trading sideways for the past seven months, struggling to maintain a directional uptrend. While the ‘Uptober' has boosted the BTC price for the next breakout attempt from $70,000, these three cryptocurrencies are gathering even more momentum with technical breakouts, increasing whale activity.

Musk's rhetoric painted a dire picture of the US economy while pitching his own recovery plan.

Solid buying in the Bitcoin ETFs suggests that investors expect Bitcoin to breakout to a new all-time high. Will altcoins follow?

The AI-created GOAT meme coin continues to make waves in the cryptocurrency space, with both analysts and prominent figures predicting the uptrend to continue. What Happened: In response to the meme coin's abrupt success, Bitmex co-founder Arthur Hayes on Friday provocatively tweeted, “are you really fading AI + memecoin + religion?

Crypto analyst Javon Marks has predicted that the Dogecoin price will soon witness a parabolic run. This prediction follows his analysis of the meme coin's historical performance, which he claimed could lead to a price rally of over 400%.

Elon Musk recently made a speech in Pennsylvania. When the audience started asking questions to the tech billionaire, someone asked him on his attitude to the Department of Government Efficiency that he might spearhead in the future.

DOGE has secured a key breakout today on Friday and is up by 10% on the day, reigniting the $1 Dogecoin price predictions.

The DOGE price has jumped by 9% in the past 24 hours, rising to $0.1343 as the cryptocurrency market dips by 0.5% today.

With BTC owners diversifying into DOGE, how likely is it that the memecoin will sustain a parabolic rally as weak hands shake out?

Dogecoin (DOGE) has reignited the meme coin craze in the crypto community. The leading meme coin on the market has defied all the odds as it initiated a huge price rally.

Dogecoin is in the green zone, rising across all time frames. The memecoin king achieved a 10% rise in the past 24 hours and seems to be on the verge of a massive breakout.

This little altcoin has more than doubled over the past 12 months.

NEIRO, a newly added meme coin, has been causing a stir after it reached an increase of 5400% in just a month. After being listed at a price of $0.00003109, NEIRO climbed the ranks to $0.001710 on the price charts due to market fervor.

Popular meme cryptocurrency Dogecoin (DOGE) has not been out of the headlines for days now, and while much of it has been about the excellent performance of the DOGE price, the last few days have also been about what is going on with Dogecoin behind the scenes.

DOGE price surged today with an impressive 10% increase over the past 24 hours, following the D.O.G.E. endorsement.

Dog-themed cryptocurrency Dogecoin (DOGE) has seen a price surge of more than 11% in the last day.

The ratio's present price pattern resembles late 2020.

This week, we examine Ethereum, Ripple, Solana, Dogecoin, and SUI in greater detail. Ethereum (ETH) Ethereum closed a great week with a 9% price increase after buyers dominated on Monday.

The rally della memecoin supera le criptovalute più importanti.

Elon Musk has proposed establishing a Department of Government Efficiency (D.O.G.E.) under another Trump presidency.

A widely followed analyst and trader is offering his forecast on three crypto assets. The analyst pseudonymously known as Bluntz tells his 283,900 followers on the social media platform X that Dogecoin (DOGE) is “so close to major breakout” after a brief correction on the two-hour time frame.

The original meme crypto Dogecoin (DOGE) dominates crypto trends as the sector anticipates massive rallies to all-time highs. The altcoin jumped over 10% within the past day, extending last week's over 25% increase. Dogecoin's impressive performance over the past few sessions has sent its market capitalization towards the $20 billion mark, currently at $19,769,737,088.

The price of Bitcoin (BTC) may be up today, but the biggest winner is the original meme coin Dogecoin (DOGE). And the reason, it appears, is self-proclaimed Dogefather Elon Musk.

Dogecoin's price surged 7% after Elon Musk mentioned "D.O.G.E." during a Trump campaign event, referring to a proposed Department of Government Efficiency.

DOGE is among the few altcoins in the green on a daily scale.

Dogecoin (DOGE) has made headlines this week with a significant 9% increase, pushing its price above $0.13—its highest point since late July.

DOGE bulls capitalized on the "dip" in the previous cycle, delivering a surprising defeat to WIF.

Musk's political involvement may influence crypto markets and voter dynamics, potentially reshaping campaign strategies and economic policies. The post Dogecoin soars 10% as Elon Musk unveils D.O.G.E initiative in first campaign swing for Trump appeared first on Crypto Briefing.

Dogecoin surges 25%, fueled by Elon Musk's comments and a bullish technical setup, with potential for a 40% rise by the end of 2024.

The memecoin continues to be linked to the CEO of Tesla and SpaceX.

The last time DOGE pumped so high was almost three months ago.

With Elon Musk taking a keen interest in the U.S. presidential elections and supporting Donald Trump, the Dogefather is back in the game. As the recent town hall by Elon Musk gains more views than Kamala Harris' live rally, the sentiments are pretty clear.

The proposed department, abbreviated as D.O.G.E, will seek to make government spending of taxpayer money more efficient while streamlining departments that handle spending.

Someone asked Musk if he would head up a new “Department of Government Efficiency.” Musk responded with a lighthearted grin, “Yeah, Doge.

Dogecoin price is on a tear and just surpassed its previous two-month high following Elon Musk mentioning D.O.G.E on X. The crypto community has caught on and is pushing the narrative, especially after Donald Trump's numbers on the polls increased, suggesting he has higher chances of winning the elections.