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.

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.

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.

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.

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.

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.

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.

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.

The crypto markets are heading towards the end of the year, which increases the optimism among the market participants. Bitcoin surged high to form a new ATH and is currently passive, which suggests the altcoins may take over the rally.

Dogecoin dived toward the $0.2620 support against the US Dollar. DOGE is now recovering losses and might gain traction if it clears the $0.3350 resistance.

The analytics firm Santiment has revealed how social media traders have moved their attention to Bitcoin from Dogecoin and other memecoins recently. Dogecoin & Other Top Memecoins Have Seen A Decline In Social Dominance In a new post on X, Santiment has talked about how cryptocurrency market sentiment on social media has changed amid the latest bearish downturn.

Dogecoin (DOGE) could be in for a prolonged period of pain, following by an explosive rally starting in April 2025. The post Dogecoin's Third Leap Incoming? Analyst Predicts Explosive Rally After Dip appeared first on Cryptonews.

Cryptocurrencies fell this weekend and into today, as investors grappled with a potentially more hawkish Federal Reserve, which could lead to fewer rate cuts than hoped for in 2025.

Dogecoin, Pepe, and Peanut technical analysis reveals mixed prospects, with potential rebounds and bearish risks for December 2024 and January 2025 sessions.

DOGE's next rally? Historical data hints at a potential 12,000% surge as activity spikes!

Cryptocurrency markets are trading lower on a low-volume Monday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $92,996.64 -3.2% Ethereum (CRYPTO: ETH) $3,313.40 -0.3% Solana (CRYPTO: SOL) $184.82 +0.9% XRP (CRYPTO: XRP) $2.16 -4% Dogecoin (CRYPTO: DOGE) $0.3108 -2.5% Shiba Inu (CRYPTO: SHIB) $0.00002168 -1% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 20.6% and daily active addresses falling by 0.02%.

Dogecoin price, a leading meme-based cryptocurrency, has dropped over 25% this week amid a broader market downturn. Bitcoin's price also slipped, falling to $93k, adding pressure to market sentiment.

Dogecoin (DOGE) has faced significant volatility, with the price plunging 45% from its multi-year high of $0.48. Despite the sharp correction, DOGE has managed to hold above the critical $0.30 level, providing hope for a potential rebound.

Bitcoin remains under pressure, but the bulls are expected to defend the $90,000 support.

Crypto analyst Master Kenobi has presented a master plan, suggesting that Floki (FLOKI), a dog-themed meme coin, is on the brink of a massive breakout. While Dogecoin (DOGE) and Shiba Inu (SHIB) have experienced notable price surges in the past, Floki is projected to skyrocket by at least 1,100% in Q1 2025.

Dog-themed cryptocurrency Dogecoin (DOGE) is marking a significant milestone in its history. Seven years ago, on Dec. 22, 2017, Dogecoin's market capitalization surpassed the $1 billion mark for the first time.

Recent price movements suggest a potential resurgence of Dogecoin's upward momentum in the midst of growing volatility within the general crypto market. As a result, several crypto analysts continue to display robust confidence in the dog-themed meme coin's upside trajectory toward higher levels.

The crypto world moves fast, but for some reason, Dogecoin (DOGE) is still on the sidelines of one of its most profitable advancements — exchange-traded funds. Nate Geraci, president of the ETF Store, is confused about why there is not a Dogecoin ETF yet.

TL;DR Dogecoin (DOGE) has gained momentum recently due to speculation around a potential spot ETF filing and substantial whale purchases, despite a recent price correction. Speculation about a Dogecoin spot ETF filing has been fueled by comments from Bloomberg senior ETF analyst Eric Balchunas.

Bears have turned out to be more powerful than bulls at the beginning of the week, according to CoinStats.

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) show strong fundamentals, but the trader community remains hesitant about their potential to outperform other trending cryptocurrencies. What Happened: Shibburn data shows 6.02 million SHIB tokens burned in the past 24 hours, driving the burn rate up by 661.7%.

Crypto analyst Behdark has provided an in-depth analysis of the Dogecoin price roadmap to its current all-time high (ATH) of $0.75. In his analysis, he explains why Dogecoin could still witness a significant correction before it rallies to its current ATH.

Two projects in the realm of cryptocurrencies that have already made innumerable early investors millionaires are Solana (SOL) and Dogecoin (DOGE). While DOGE famously shot from fractions of a cent to over $0.70, generating a tsunami of life-changing money, SOL shot from just a few bucks to its all-time high of $260.

DOGE is down by over 20% in the past week alone.

The concerns over meme coin season have increased, as witnessed by the volatile trading with many top coins like DOGE, SHIB, WIF, and others, continuing their declines today. Meanwhile, the decline comes amid a gloomy sentiment noted in the broader crypto market, indicating a shifting market focus.

As Dogecoin (DOGE) struggles with short-term bearish sentiments, historical price movements and technical indicators suggest the top meme coin might be poised for another parabolic rally.

The year 2024, which began with the banging launch of the US Bitcoin spot exchange rraded funds (ETFs), is ending with the hopes that more crypto-linked investment products will soon enter the market. Bloomberg's Eric Balchunas even agreed with the ETF Store's president on the surprising absence of filings for a Dogecoin ETF.

Amid the market volatility, Dogecoin prepares for a rebound rally. Supporting the bullish ideology, a market analyst puts a highlighted optimistic target of $20 for the dog-themed meme coin. However, the changing landscape in the derivatives market warns of a rocky ride ahead.

In a strategic move amid a volatile crypto market, large investors, commonly referred to as "whales," have accumulated over 250 million Dogecoin (DOGE). This significant acquisition occurred while the price of dogecoin was declining, drawing market attention due to its timing and magnitude.

Billy Markus, known on social media as Shibetoshi Nakamoto, who created the original meme cryptocurrency Dogecoin, has triggered the community with a recent ironic tweet about being rich.

Bitcoin (BTC) and other cryptocurrencies suffered a bloodbath over the weekend as markets dropped significantly. In just over 24 hours, BTC dropped from around $108,000 to its current level of $95,000, as the Fed's announcement about reducing rate cuts in 2025 hit the market hard.

The 24-hour Dogecoin price action has been highlighted by a range between $0.3049 and $0.3229 as both the bulls and bears work to break into either side.

The unprecedented victory of the cryptocurrency industry over the traditional financial sector has fueled the mainstream adoption of altcoin projects in the recent past. The overwhelming support of crypto-friendly US leaders has changed the entire perspective of digital assets, especially by institutional investors during the past few weeks.