Solana Spikes to All-Time High Price as TRUMP Doubles Dogecoin Trading Volume
Solana is riding the TRUMP wave, jumping to a new all-time high price after the network played host to Donald Trump's official meme coin.
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Solana is riding the TRUMP wave, jumping to a new all-time high price after the network played host to Donald Trump's official meme coin.
Online trading platform Robinhood reportedly transferred a whopping 131 million Dogecoin (CRYPTO: DOGE) within the span of an hour, sparking intrigue and speculation among crypto enthusiasts. What Happened: According to data, this massive amount of DOGE was moved in two significant transactions.
Dogecoin is no longer the sus-looking dog meme we once knew it as; it's now one of the most profitable investment opportunities available to those in the crypto space. With Elon Musk set to take charge as the administerial head of D.O.G.E.
Dogecoin has cleared the $0.4 mark again after a few days of interesting price inflows that have caused its price to rebound notably from $0.31. This strong upward movement has allowed Dogecoin to reverse the price losses it incurred in the previous week.
The cryptocurrency market saw a notable surge on Saturday. Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE) all experienced a rise in value, as traders anticipate a potential ‘Trump bump' with the upcoming second Donald Trump presidency.
Howard Lutnick, Donald Trump's Commerce Secretary, who's also among the founding members of the Department of Government Efficiency (DOGE), has some deep ties with USDT stablecoin issuer Tether. However, Senator Elizabeth Warren has raised strong questions citing the regulatory doubts over Tether's operations.
The cryptocurrency sector is optimistic of what is to come with Donald Trump serving as the next president. Optimism comes as many cryptocurrencies have hit all-time highs since Trump won the 2024 presidential election.
Tesla shareholders are unfazed by Elon Musk's new role at the Department of Government Efficiency (D.O.G.E). With the CEO already enlisted to co-run the agency alongside Vivek Ramaswamy, the new role adds to the billionaire's roles with Tesla and the microblogging platform, X.
According to on-chain data, 131 million DOGE has been shuffled within a relatively short period in two transactions.
XRP, the core native cryptocurrency of the XRPL blockchain, celebrates a new milestone as Weiss Crypto Rating grants it the "B+" label. XRP benefits from the positive outcome of the Ripple v.
With the TRUMP token flying high and boosting Solana in the process, Dogecoin and other top meme coins are losing steam Saturday.
A widely followed analyst and trader is leaning bullish on a top-30 altcoin by market cap while outlining the path forward for three other crypto assets.
Cryptos, once confined to expert circles and debates about the alternative they represent against traditional financial systems, are now stepping into the realm of public institutions. This evolution has gained new momentum thanks to Elon Musk, who posted a statement on the social network X (formerly Twitter) that was as brief as it was intriguing: "Now @DOGE will do this with government.
Dogecoin (DOGE) saw increased whale activity, expecting more bullish performance in 2025.
The memecoin market has experienced a strong bullish reversal as Bitcoin price today successfully holds its value above the $100k mark. While top meme coins like DOGE price and SHIB price experience stable growth, the Bonk memecoin has recorded double-digit growth.
The Dogecoin price is showing signs of a rally following a confirmed bullish pennant breakout. This interesting breakout was highlighted by crypto analyst World of Charts, with the prospect of a Dogecoin price surge past the $1 mark now in view.
With its recent performance demonstrating strength above $100,000, Bitcoin has been rising steadily. A more interesting view can be seen on the chart: Bitcoin might still be in a covert downward trend.
Dogecoin could be on the verge of a breakout, driven by whales and growing activity.
Analysts say Dogecoin has a 60% chance of hitting $1 before Jan. 31.
CoinCodex's Machine Learning (ML) algorithm has released its monthly Dogecoin price prediction for 2025. The Dogecoin forecast highlights notable price increases from January to December, signaling bullish growth in this year's Second Quarter (Q2).
Cryptocurrency markets are surging on the last trading day before the presidential inauguration. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $105,607.81 +5.6% Ethereum (CRYPTO: ETH) $3,426.67 +2.8% Solana (CRYPTO: SOL) $216.86 +1.7% XRP (CRYPTO: XRP) $3.24 -4% Dogecoin (CRYPTO: DOGE) $0.4148 +7.6% Shiba Inu (CRYPTO: SHIB) $0.00002403 +7.5% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 6.4% and daily active addresses falling by 2.9%.
Bitcoin's chance of hitting a new all-time high has increased, buoyed by expectations of the adoption of a US Bitcoin reserve.
Crypto hedge fund Wintermute predicts a potential Dogecoin (CRYPTO: DOGE) ETF launch in 2025 alongside other potentially revolutionary developments like the establishment of a strategic Bitcoin reserve in the United States. This forecast is part of a broader analysis that forecasts a series of pivotal changes in the digital asset market in 2025, including maturation of the options market and increased institutional participation.
The price of Dogecoin (DOGE) is now one of the main focuses for potential price increases. Whales are said to have accumulated 200 million units of DOGE in the past 48 hours, which further excited the community.