Veteran trader Peter Brandt sees dogecoin mirroring bitcoin's 2016 price pattern, signaling a potential rally as technical indicators align and Elon Musk's influence boosts investor sentiment.

Dogecoin has experienced a sustained rally over the past month, hiking by 234.72%.

A closely followed crypto strategist believes that top memecoin Dogecoin (DOGE) is poised to spark massive rallies, en route to astronomical fresh all-time high levels. Analyst Ali Martinez tells his 80,000 followers on the social media platform X that DOGE appears to be trading in a large ascending channel on the weekly chart.

President-elect Donald Trump has appointed Elon Musk and Vivek Ramaswamy to lead DOGE, tasked with dismantling bureaucracy, slashing regulations, and restructuring federal agencies. Trump Appoints Elon Musk and Vivek Ramaswamy to Overhaul Federal Bureaucracy U.S.

Given that its price recently hit the $0.00003 mark, Shiba Inu has been showing encouraging growth potential. As the market expects more gains, this increase demonstrates the SHIB community's renewed interest and momentum.

According to a leading crypto expert, Arthur Hayes, Elon Musk won't achieve much in his new role at the Department of Government Efficiency.

Shiba Inu (SHIB) has had a significant surge this week, with its price increasing by over 60% in the last seven days. This increase is indicative of a broader trend in the cryptocurrency market, where significant coins such as Dogecoin are also reaping the rewards of overall market optimism.

Veteran trader Peter Brandt has brought fresh attention to DOGE by identifying striking similarities between the current Dogecoin price action and the Bitcoin price movements from 2015-2016. Brandt highlighted these patterns in a recent post on social media platform X, suggesting that Dogecoin could be following in Bitcoin's early footsteps.

Elon Musk said Wednesday that Dogecoin's odd tokenomics actually work in the meme coin's favor, which one DOGE founder agreed with.

President-elect Donald Trump taps Elon Musk and Vivek Ramaswamy to lead the Department of Government Efficiency to slash wasteful government spending. "CoinDesk Daily" host Christine Lee explores the context, breaks down the reaction and explains what impact DOGE will have in the future.

A top market expert believes the Dogecoin price is long overdue for a rally to $1.5. Amid the brewing bullish momentum in the crypto market, investors also target XRP price for a run towards $10 and the new presale token ETFSwap (ETFS) to reach $5.

Dogecoin's market cap has surged to $60 billion over the past week following Donald Trump's 2024 election victory.

The Dogecoin price is starting to reverse some of its gains it made last week. At the time of writing, the Dogecoin price is down by 9% in 24 hours, but it is in a good place to reverse these losses very soon.

Bonk (BONK) has surged to its highest price since July, following its listing on Binance.US, raising speculation about its potential to outshine established meme coins like Shiba Inu and Floki amid increasing demand and market optimism. The post Bonk Hits Its Highest Since July – Could It Soon Outshine Shiba Inu and Floki? appeared first on Cryptonews.

The Arkham Exchange is finally live with an initial trading of Bitcoin (BTC), Ethereum (ETH) and some top altcoins. After weeks of preparation, the trading platform which many believe might challenge Coinbase Exchange is finally launched.

Crypto analyst Master Kenobi has revealed the factors that could lead to a Dogecoin price rally to $2 and cause the meme coin to flip Solana and BNB in the process. This came as the analyst outlined a scenario where Dogecoin becomes the third-largest crypto by market cap.

Cryptocurrency markets are trading higher as meme coins Pepe and Dogwifhat were listed for trading on Coinbase (NASDAQ:COIN). Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $90,040.52 +1% Ethereum (CRYPTO: ETH) $3,166.17 -3.5% Solana (CRYPTO: SOL) $210.16 -1.3 Dogecoin (CRYPTO: DOGE) $0.3836 -0.5% Shiba Inu (CRYPTO: SHIB) $0.00002485 -6% Notable Statistics: IntoTheBlock data shows large transaction volume increased by 18.7% and daily active addresses growing by 7.8%.

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Fried Thiel of MARA discusses how the postelection rally impacts crypto miners.

A massive Dogecoin (DOGE) transactions has caught the eye of the cryptocurrency community, as a massive 200 million tokens worth over $45.7 million were withdrawn from major cryptocurrency trading platform Robinhood Crypto.

Dogecoin was once a joke, but the meme coin gained traction after Elon Musk backed it. Now he's set to co-lead a D.O.G.E.

Elon Musk on Wednesday reaffirmed his support for Dogecoin's (CRYPTO: DOGE) inflation model, labeling its flat inflation rate as a "feature, not a bug." What HappenedL The conversation emerged after Dogecoin co-creator Shibetoshi Nakamoto (Billy Markus) pointed out the technical possibility of removing Dogecoin's inflation by altering a line of code on its GitHub repository.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

The ongoing crypto buying spree is showing no signs of slowing down. Dogecoin (DOGE) and Shiba Inu (SHIB) have continued their impressive rallies, gaining 82% and 65%, respectively, in the past week. This momentum has spilled to PropiChain (PCHAIN), a real-world asset (RWA) that secured a CoinMarketCap listing.

Musk's support for Dogecoin's inflationary model may enhance its role as a practical currency, influencing broader crypto adoption trends. The post Elon Musk defends Dogecoin's inflationary model appeared first on Crypto Briefing.

TL;DR Peanut the Squirrel (PNUT) and FRED, two animal-inspired memecoins, have seen spectacular increases, reaching valuations of $1.73 billion and $169 million. Pepe (PEPE) has recorded a 120% growth in the last week, driven by its inclusion in major exchanges like Robinhood and Coinbase.

Max, the founder and Chief Executive Officer (CEO) of Because BTC, a crypto-focused company, has just disclosed that he has sold off his Dogecoin (DOGE) holdings to buy Pepe tokens. This surprising news comes amid a significant decline in the Dogecoin price, which has fallen 9.8% from its previous high.

Solana-based meme coin BONK has surged by 12% in the past 24 hours. It has outperformed top meme coins like Pepe (PEPE) and Shiba Inu (SHIB), whose values have dropped 3% and 7%, respectively, during the same period.

Bitcoin is showing no signs of stopping its advance toward $100,000, and several altcoins look poised to follow.

Unknown whales recently burned billions of SHIB, increasing its burning rate by a whopping 1,837% in one day. As information regarding the monumental token burn spread, SHIB surged by a significant 43% to $0.00002753, a value that had not been witnessed for months.

Spirit Blockchain Capital appears to be positioning itself as a significant player in the Dogecoin (CRYPTO: DOGE) ecosystem, with CEO Lewis Bateman likening the company's strategy to MicroStrategy's high-profile Bitcoin acquisitions. What Happened: Announced in October and further detailed last week, Spirit's acquisition of Dogecoin Holdings is part of a broader vision that goes beyond using Dogecoin as a simple treasury asset.

Dogecoin co-founder Billy Markus has revealed how to make DOGE deflationary. The foremost meme coin's total supply is unlimited, as it has a fixed yearly issuance of 5 billion coins, which could ultimately impact its value over time.

The Department of Government Efficiency started as an X joke. Now DOGE is a federal agency with Elon Musk at its helm under Trump's watch.

So far, the $1 target has been a psychological level that market participants expect the Dogecoin price to reach in this bull run. Based on Dogecoin's Fibonacci levels, crypto analyst Dj Anas has predicted that the foremost meme coin could even reach this target by year-end.

Dogecoin was initially an “inside joke” among crypto enthusiasts but soon became one of the top 10 biggest digital assets by market cap. Today, it's worth $55.31 billion based on current prices and has been slowly increasing in value recently.

Dogecoin has been soaring, but these newer animal meme coins are massively outpacing DOGE in terms of gains this week.

The Dogecoin price is going to $10 by Inauguration Day as Elon Musk joins the Trump administration – are these other crypto magnates next onboard? The post Dogecoin Price to $10 as Elon Musk Joins Trump Administration, Who's Next from Crypto? appeared first on Cryptonews.

The price of Dogecoin has gained by 2% in the past 24 hours, with analysts noting that its one-week chart has formed a golden cross for the first time in four years. The post ‘Golden Cross' on Dogecoin Weekly Chart as Elon Starts Working with Trump – Will DOGE Hit $100? appeared first on Cryptonews.

Meme cryptocurrency Dogecoin (CRYPTO: DOGE) has soared in value since the 2024 presidential election and the establishment of the Department of Government Efficiency, or D.O.G.E. for short.

All eyes have been on Bitcoin, as it shatters records and continues to break all time highs again and again.

Dogecoin could break the $1 threshold if the memecoin repeats its 2021 trend which generated a 7,000% rally.

CNBC's MacKenzie Siglaos reports on the latest crypto news.

Dogecoin (DOGE) whales have continued to shape the meme coin ecosystem, with massive movements that are helping to shape the broader market trend. According to data insights from crypto analytics platform Whale Alert, about 550,000,000 DOGE were moved within 20 minutes.

Dogecoin spiked again on Wednesday after Donald Trump appointed Elon Musk to help lead the Department of Government Efficiency, or DOGE.

Following the renewed upward price strength of Dogecoin, the largest meme coin, there has been a significant uptick in adoption over the past few weeks, as evidenced by a recent notable rise in small DOGE wallets. As DOGE continues to attract more gains, the growth could help bolster its price and trigger future gains.

Originally developed as a funny substitute for other cryptocurrencies, Dogecoin (DOGE) is today among the most used digital currencies available. Originally laughed about, DOGE has proven to be timeless thanks to fan support matched with big sponsorships from well-known personalities.

What could Elon Musk's Dogecoin-infused approach bring to Washington as he leads the DOGE Department with Vivek Ramaswamy? Elon Musk and the rise of “DOGE” in the U.S.

Coinbase Inc. (NASDAQ:COIN) has introduced the Coinbase 50 Index (COIN50), a new benchmark tracking the performance of the top 50 digital assets listed on the exchange. What Happened: Leading the index, Bitcoin (CRYPTO: BTC) holds a weight of 50.3%, followed by Ethereum (CRYPTO: ETH) at 27.5%, collectively making up a substantial portion.

The Dogecoin Foundation account on the X social media network has published a thread to issue an important reminder to the DOGE community, also revealing what it is working on at the moment.