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news-imageSeptember 24, 2024

Dogecoin and Shiba Inu Face a Drop in Address Count: Are DOGE and SHIB Prices Preparing for a Crash?

Despite Dogecoin and Shiba Inu experiencing a noticeable recovery in the past week following the Federal Reserve's decision on interest rates, their on-chain activities remain bearish. The meme coin market is currently struggling with reduced investor interest as the address counts for both Dogecoin and Shiba Inu continue to fall.
Publisher: CoinPedia
Sentiment: Negative
DOGE
SHIB

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Neutral
cover-imageBenzinga
September 24, 2024

Bitcoin, Ethereum, Dogecoin Trade Sideways But Trader Sees 'Everything Falling Into Place'

Cryptocurrency markets are trading relatively flat, with Bitcoin and Dogecoin holding on to the green zone while Ethereum is down. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $63,744.60 +0.44% Ethereum (CRYPTO: ETH) $2,638.27 -1.6% Solana (CRYPTO: SOL) $147.23 +2.1% Dogecoin (CRYPTO: DOGE) $0.1092 +1.7% Shiba Inu (CRYPTO: SHIB) $0.00001471 +1.09% Notable Statistics: IntoTheBlock data shows an increase of 86.9% in large transaction volume and a growth of 31.9% in daily active addresses.

Positive
cover-imageUToday
September 24, 2024

19 Trillion Shiba Inu (SHIB) Cluster: Here's What It Implies

With data showing that a cluster of 19 trillion Shiba Inu is held by addresses at a profitability point, Shiba Inu is rapidly approaching a pivotal moment in its market activity. The short-term price movement of SHIB is significantly impacted by this clusterб which represents a sizable portion of the token's total supply.

Positive
cover-imageBenzinga
September 23, 2024

Bitcoin, Ethereum, Dogecoin Holding On To Gains, Trader Sees $63,905 As 'Reclaim Of Key Horizontal'

Cryptocurrency markets are holding on to the green zone with Bitcoin and Dogecoin relatively flat, while Ethereum is trading higher. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $63,449.64 +0.6% Ethereum (CRYPTO: ETH) $2,685.90 +4% Solana (CRYPTO: SOL) $144.14 -0.3% Dogecoin (CRYPTO: DOGE) $0.1073 +0.7% Shiba Inu (CRYPTO: SHIB) $0.00001456 +0.2% Notable Statistics: IntoTheBlock data shows a decrease of 0.8% in large transaction volume and a drop of 11% in daily active addresses.

Positive
cover-imageBenzinga
September 23, 2024

These 42 Cryptos Have Outperformed Bitcoin In 2024: No DOGE, No SHIB, But 8 Meme Coins Among Them

42 cryptocurrencies have outperformed Bitcoin (CRYPTO: BTC) in 2024, with most of them listed on Binance, according to on-chain analytics provider Lookonchain. What Happened: 25 are listed on Binance and 20 were listed in 2023 or earlier, providing ample opportunity for traders to capitalize on their growth, the data provider tweeted on Friday.

Positive
cover-imageInvezz
September 23, 2024

Dogecoin (DOGE) signals early breakout as whale netflow skyrockets 926%

While digital assets are recovering following the latest Federal Reserve decision on interest rates, the original meme token Dogecoin dominated the charts with significant on-chain activity. IntoTheBlock data shows the DOGE's Large Holders Netflow saw a swift surge from -2.23 million coins to 20.66 million over the past 24 hours.

Positive
cover-imageCoingape
September 23, 2024

Diamond Hands Shiba Inu Whale Switches to These 2 Crypto

An early investor in Shiba Inu, renowned within the crypto community for their steadfast “diamond hands” approach, holding assets through market volatility, has recently shifted their investment strategy. This individual, who reaped a staggering $145 million profit from Shiba Inu trades between February 2021 and June 2022, is now diversifying their holdings into $NEIRO and

Neutral
cover-imageBenzinga
September 23, 2024

'Value Dogecoin,' Says Lead DOGE Developer, Who Warns Of 'Scammers And Grifters' In The Space

Dogecoin (CRYPTO: DOGE) is unique compared to other cryptocurrencies, according to its lead developer, who urged market participants to value the apex meme coin. What Happened: Dogecoin's lead developer Mishaboar took to his social media account to emphasize the significance of Dogecoin's decentralized nature, stating that it is open to everyone and not controlled by any centralized entity or organization.

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