On Wednesday, Dogwifhat (WIF) led the crypto market with a 16% surge to $1.37, becoming one of the best-performing cryptocurrencies in the last 24 hours. The token swam against the current as most of the top memecoins recorded red numbers, leading analysts to suggest a possible breakout for the token.
Elon Musk's Department of Government Efficiency (DOGE) claims it's slashing $1 billion daily by cutting unnecessary hires, DEI programs, and foreign payments—aiming for $3 billion in savings.
Bitcoin is once again gaining traction, and a discernible increase in trading volume indicates that market volatility is returning. The price is resilient above important support levels, currently trading at about $102,700.
The index, comprising 13 assets, aims to provide a standardized benchmark for U.S.-focused crypto investment strategies.
The popular Solana meme coin Dogwifhat (WIF) is poised for a bullish trend reversal as it appears to have completed a macro double-top correction.
Cryptocurrency markets are trading slightly up as the Federal Reserve continue to hold interest rates steady. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $103,822 +2.6% Ethereum (CRYPTO: ETH) $3,119 +0.6% Solana (CRYPTO: SOL) $233.27 +2.1% XRP (CRYPTO: XRP) $3.00 +0.2% Dogecoin (CRYPTO: DOGE) $0.3288 +2.3% Shiba Inu (CRYPTO: SHIB) $0.00001853 +1.6% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 21.4% and daily active addresses falling by 7.8%.
The much-anticipated major rally for Dogecoin, potentially toward its present all-time high continues to face significant setbacks due to unfavorable market conditions. Given recent price developments, a crypto expert forecasts that the meme coin could see a back-to-back bull run soon.
Dogecoin price entered a mild 1.8% rebound to hit $0.32 on Wednesday, January 29. Derivatives markets trends suggest bull traders placing more aggressive bets, to avert a breakdown below $0.30 gain more ground in the week ahead.
Bitcoin's volatility is likely to pick up following Fed Chair Jerome Powell's comments, but the potential direction of the price move remains elusive to most traders.
Dogecoin (DOGE) has been in a short-term downtrend for the past two weeks, shedding over 29% of its value since hitting a local high on January 18. The meme coin has faced consistent selling pressure, mirroring broader market uncertainty.
Bitwise aims to launch a dogecoin ETF, tracking DOGE's price directly. Will the SEC approve it? The industry anticipates more crypto ETFs in 2025. Bitwise Files for Dogecoin ETF Amid Growing Crypto ETF Trend Bitwise Investment Advisers LLC has formally submitted a registration statement to the U.S.
The Dogecoin price crashed to as low as $0.31 this week and is still at risk of losing the psychological $0.3 level. This price decline is due to several factors, including developments on the macro side.
Analysts say Bitcoin must reclaim $103,000 support level to continue rally.
The crypto market is back in the red as the fallout from Monday's collapse continues to impact traditional and risk assets. Bitcoin (BTC) has struggled to build momentum, nearly slipping below $100,000 as it dropped to a low of $100,265 before recovering and moving to its current level of $101,600.
Dogecoin has managed to sustain a relatively positive position towards the end of January despite the intense volatility throughout the month. With January almost over and the Dogecoin price closing the month on a positive note, the next outlook is what lies ahead for the meme coin and whether Dogecoin investors can see a similar price trend in February.
Can DOGE mimic its impressive performance from the beginning of 2021?
January was a highly volatile month, with many top meme coins facing heavy selling pressure amid broader market bearishness. However, a select few defied the trend and saw significant gains.
The forced closure of $2M short positions triggered a surge in buying pressure that saw WIF make a strong rebound above $1.
A large deposit of 500 billion PEPE tokens to crypto exchange Coinbase in recent hours has caught the attention of the cryptocurrency community. This move coincides with the recent profit-taking on the crypto markets, with a handful of crypto assets trading in the red.
Sellers' pressure remains relevant, according to CoinMarketCap.
The whale wallet deposited 500 billion PEPE tokens on leading crypto exchange Coinbase but still holds $15.73 million in PEPE.
Despite its recent slump, Pepe (CRYPTO: PEPE) remains on the radar of traders, who predict a rally as soon as market conditions allow for it. What Happened: Blockchain analytics firm Spot On Chain shows that a long inactive whale deposited 500 billion PEPE (~$5.7 million) to Coinbase on Jan. 28.
Nine months ago, the team raised $700,000 and promised to put the Dogwifhat logo on the Sphere. The WIF community is still waiting.
Pepe Coin (PEPE) is still one of the largest meme coins by market cap, and with the new Trump meme rally, it could see new gains in 2025.
TL;DR Dogwifhat (WIF) has risen 8.90% in the last 24 hours, standing out among other popular cryptocurrencies like Dogecoin and Shiba Inu. Despite a widespread market decline, WIF has seen a significant increase in its trading volume and investor interest.
Dogwifhat (WIF), a prominent player in the memecoin market on the Solana blockchain, has recently captured the attention of the crypto community with a significant surge in trading activity.
Dogecoin and Solana ETFs are attracting significant attention. Yesterday, Bitwise officially filed with the US Securities and Exchange Commission (SEC) for a spot Dogecoin exchange-traded fund.
Cryptocurrencies have soared since early November as investors anticipate that a newly elected Trump administration will be more friendly toward digital assets. Although it's still early, key personnel nominations and an executive order calling for regulatory action are promising signs.
A Pepe Coin whale has sparked discussions in the crypto market today with his trading strategy. Notably, the trader has turned a mere $3,000 into a massive $51.25 million with his timely bets on the meme coin.
According to reports, Bitwise has filed an S-1 with the SEC to launch a Dogecoin ETF, aiming to offer direct exposure to DOGE.
Pepe Coin price, a popular meme-based cryptocurrency, continues to decline, trading near $0.000012 after falling 20% last week. The broader crypto market remains volatile, with bearish trends dominating.
Dogwifhat (CRYPTO: WIF) is bouncing back from a prolonged downtrend, prompting traders to speculate whether the popular meme coin has finally found its bottom. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogwifhat (CRYPTO: WIF) $1.35 $1.3 billion +18% -6.4% Dogecoin (CRYPTO: DOGE) $0.3288 $48.6 billion -1.6% -10% Shiba Inu (CRYPTO: SHIB) $0.00001844 $10.9 billion -2.9% -10% Trader Notes: Pseudonymous trader TheFlowHorse sees WIF as a strong play for a potential bounce, while prominent analyst Kevin highlighted to his followers that WIF hit “peak fear” under one dollar.
Jupiter, Ethena, and FXGuys are the three best altcoins under $1 that are set to outperform Dogecoin and many other major altcoins in 2025!
In the last 24 hours, dogwifhat (WIF) has surged by a notable 16% in price as it begins another rebound journey toward the $2 mark. According to CoinMarketCap data, WIF climbed 16.34% up to $1.34.
As Dogecoin and AVAX failed to gain momentum, experts speculate IntelMarkets could surpass these well-established coins with its massive 45,000% growth potential.
The Ozak AI token presale has attracted numerous buyers who recognize the value of this new financial tool.
In 2021, the crypto world started to regard Solana and Dogecoin as far more renowned assets than they previously did.
The odds of a spot Dogecoin exchange-traded fund (ETF) being approved this year have spiked to 56% on popular betting site Polymarket.
Amid the emerging AI trends in the market, IntelMarkets' $0.08 altcoin is preparing to break out with up to 25x rally soon. Missed PEPE in 2023?
Bitwise has officially filed an S-1 registration for a spot Dogecoin ETF with the SEC, joining Rex Shares and Osprey Funds in pursuing regulatory approval for cryptocurrency exchange-traded funds.
DogWifHat (WIF) is gaining attention again, with new buys from influencers, as well as whale rollovers from TRUMP. The token rallied by over 30% to bounce from recent lows under $1.
DOGE's price has lost key support levels this week, weakening the bullish case.
Bitwise Asset Management has filed an application for a Dogecoin ETF with the SEC, potentially expanding regulated cryptocurrency investment options amid rising institutional interest in digital assets and $4 billion in crypto fund inflows during early 2025.
Dogecoin faces multiple market catalysts including a new ETF filing by Bitwise and connections to federal cost-cutting programs, while trading at $0.3316 amid analyst predictions of potential price appreciation.
dogwifhat (WIF) soared a massive 20% in a single four-hour candle earlier today as a whale wallet purchased 900K WIF tokens.
Dogecoin price may be setting up for a significant rally, possibly reaching $3.0, as demand surges following Bitwise's filing for a spot Dogecoin ETF.
Despite increased liquidations in the crypto space, the Solana-based Dogwifhat memecoin has outperformed top altcoins with its impressive rally overnight. Notably, the WIF price today has successfully retested its crucial support level with a bullish recovery of over 13%.
With key support levels being tested and RSI nearing oversold territory, is this the moment for a turnaround for Dogwifhat?