A prominent cryptocurrency analyst has recently said that the price of the leading meme-inspired cryptocurrency Dogecoin ($DOGE) could surge over 1,000% to trade at $1.6 in the future as it breaks out of a Falling Wedge pattern.
Leading cryptocurrencies plummeted Tuesday as Iran's missile barrage toward Israel sparked fears of a full-blown regional war in the Middle East. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m.
As October, often dubbed “Uptober” in the crypto market, unfolds, traders and investors are paying close attention to cryptocurrency charts. Recent data show that Dogecoin has seen increased network activity, indicating an increase in Doge's interest.
Cryptocurrency markets are trading lower amid escalating tensions in the Middle East. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $61,888.86 -2.5% Ethereum (CRYPTO: ETH) $2,498.87 -3.5% Solana (CRYPTO: SOL) $147.33 -5% Dogecoin (CRYPTO: DOGE) $0.1074 -9% Shiba Inu (CRYPTO: SHIB) $0.00001633 -8.3% Notable Statistics: IntoTheBlock data shows large transaction volume increased by around 99% and daily active addresses rose by 7.1%.
The Dogecoin price could surge to $0.15 soon enough as it continues to hold above the crucial support level at $0.015. Dogecoin analyst Kevin Capital recently suggested that the foremost meme coin will rise higher if it holds $0.105 as support.
Dogecoin's (CRYPTO: DOGE) spike in new addresses prompted traders to predict an upcoming bull run for the meme coin. What Happened: Crypto trader Lucky stated that Dogecoin has seen a "decent run" in recent times which is expected to continue.
Dogecoin has experienced a sustained uptrend over the past month as it rose by 19.36%.
Dog-themed meme coin Dogecoin (DOGE) has been experiencing some positive momentum in recent weeks. As highlighted by Ali Martinez on X, the number of new addresses on the network recorded a 72% surge this past week, leaving the community in awe.
As October, or as it is colloquially known in the crypto market, "Uptober," has finally arrived, the eyes of its participants are on the charts of their favorite cryptocurrencies. However, despite everything being frontrunned and priced in, it is still necessary to take a look behind the scenes, in other words, into the on-chain data, to see how things are actually progressing.
Binance's mining pool platform announced it is now distributing rewards denominated in a memecoin created by Dogecoin (DOGE) creator Billy Markus. Binance Pool says it has now launched Bellscoin (BEL) merged mining. The mining platform's users can now mine Litecoin and earn rewards in LTC, BEL or DOGE.
Making headlines in the crypto scene last week, Dogecoin (DOGE) jumped an astounding 20% in a few days. Renowned for its meme beginnings and devoted following, the coin moved from $0.10745 to a peak of $0.13080.
Memecoins created on the Solana (CRYPTO: SOL) blockchain withstood the overall market drop on Monday to post encouraging gains. What happened: Dog-themed Bonk emerged as the best-performing billion-dollar capitalization meme coin in the last 24 hours and the third-best cryptocurrency overall, surging over 8%.
Leading cryptocurrencies retraced Monday as geopolitical tensions escalated after Israel launched a military operation in Lebanon.
Trading volume for Dogecoin surged significantly recently, hitting an all-time high of $1.2 billion. The sudden surge in activity caused traders and investors to jump on DOGE, temporarily driving up its price.
Dogecoin (DOGE) price has recently displayed both promising gains and potential warning signs. While it has enjoyed some impressive upward movements, uncertainty remains about whether it can sustain this momentum.
Cryptocurrency markets are trading lower to start the new week after record inflows into Bitcoin ETFs last week. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $63,431.9 -3.6% Ethereum (CRYPTO: ETH) $2,589.2 -2.8% Solana (CRYPTO: SOL) $154.6 -2% Dogecoin (CRYPTO: DOGE) $0.118 -7.2% Shiba Inu (CRYPTO: SHIB) $0.00001779 -8.4% Notable Statistics: IntoTheBlock data shows large transaction volume increased by 6.05% and daily active addresses spiked by 4.9%.
Bitcoin and altcoins are witnessing end-of-month volatility, but traders remain upbeat about October due to the crypto market's history of strong performance in Q4.
Despite being historically bearish, September turned out to be green for both Ethereum and Dogecoin.
After a long stretch of muted price movement, the original meme coin Dogecoin (DOGE) has finally entered a position where it could prepare for a parabolic upsurge. Based on a classic bullish reversal setup, the DOGE price looks well-positioned to gain an impressive 50%.
The cryptocurrency market has shown renewed strength as Bitcoin recently crossed the critical $64K resistance level, spurring excitement among investors. With the broader market gaining momentum, many focus on potential Shiba competitor outperforming SHIB itself.
The Dogecoin price has fallen to $0.1198 today, marking a 5.5% decline in 24 hours but a 12% increase in a week.
Cryptocurrency analyst Murad Mahmudov predicted a "meme coin super cycle" in a speech at the Token 2049 conference in Singapore, arguing that these tokens are outperforming traditional cryptocurrencies and are poised for significant growth. What Happened: Mahmudov pointed out that meme coins are already dominating the market, with 13 out of the top 20 outperforming tokens being meme coins.
An analyst known as a “Master Trader” on the crypto exchange Bybit believes October will be a bullish month for Dogecoin (DOGE). Pseudonymous analyst Bluntz tells his 276,900 followers on the social media platform X that top memecoin DOGE appears to be in the early stages of a five-wave rally.
In the last 24 hours, the Notcoin ($NOT) meme coin underpinning the eponymous tap-to-earn Telegram game has come tantalisingly close to reaching the $0.01 mark.
Dogecoin has been one of the top-performing meme coins recently, showing a solid uptrend. On September 22, DOGE was priced around $0.1078, staying in that range for a few days before seeing a surge of 19% in a week. This surge has caught the eye of investors, predicting that Doge to hit $0.2 soon.
Out of the several tokens launched, a few can attract a considerable amount of attention because of their ability to disrupt the status quo.
After a strong resurgence in September, Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) seem set for an even stronger performance in October. What Happened: Elon Musk, a vocal supporter of Dogecoin, on Saturday tweeted an AI-generated picture of him and Donald Trump with an image of the Dogecoin dog and the inscription "Department Of Government Efficiency.
Sellers have become more active at the beginning of the week, according to CoinMarketCap.
Dogecoin's price surge has led the meme rally, but co-creator Billy Markus admits he has “no idea” why it is climbing. Despite a recent pullback, DOGE has still gained 14% over the past week.
Dogecoin price broke out of a key bullish reversal structure but faces overhead resistance around $0.15. Breaking through this barrier is crucial for the asset to rally toward the $0.25 mark.
Bitcoin (BTC) dipped below the $65,000 level early today after registering a drop of almost 2.50% over the past 24 hours and is currently trading just below the $65,000 mark. Spot Bitcoin ETFs also registered a surge in inflows, attracting around $449 million, fueling even further demand as speculation about a rate cut and soft US landing bets.
The world's wealthiest tech entrepreneur Elon Musk has shared how he wants to use his billions while he is expected to become the first trillionaire in the world.
Dogecoin shows bullish momentum with strong network activity, growing volume, and favorable liquidation data.
Bellscoin (BEL) is a meme project with no intrinsic value, but growing in popularity due to its connection to Dogecoin (DOGE). BEL is boosting the Litecoin hashrate due to merged mining.
Crypto analyst Trader Tardigrade has outlined a possible bullish development on the Dogecoin chart that could send the price sky-high. If this breakout were to play out as the analyst predicts, then the Dogecoin price could be looking at a brand-new all-time high in the next year.
Billy Markus, who collaborated with Jackson Palmer to create the original meme cryptocurrency DOGE in 2013, has shared his take on the massive 21% increase in the coin's price last week.
Binance Pool now supports merged mining for Litecoin (LTC), offering rewards in LTC, Dogecoin (DOGE), and Bellscoin (BEL).
Leading cryptocurrencies traded flat Sunday ahead of Federal Reserve Chair Jerome Powell's speech on the direction of interest rate cuts in the coming months. Cryptocurrency Gains +/- Price (Recorded at 9:45 p.m.
Binance Pool launches Bellscoin (BEL) merged mining, allowing users to mine Litecoin (LTC) and earn rewards in LTC, Dogecoin (DOGE), and BEL.
In a thunderous turn of events in the crypto space, a recent post claimed that a whale had purchased a whopping 1.4 billion Dogecoin (DOGE). That's about $176.4 million at current prices, which got the attention of the Dogecoin creator Billy Markus also known as Shibetoshi Nakamoto.
Elon Musk's latest meme on X, featuring himself, Donald Trump, and the Dogecoin mascot, has sparked excitement in the crypto community.
Popular analyst Rekt Capital believes that the next few months could be life-changing as the market is breaking out of a long downtrend. If this breakout is confirmed, we could see the altcoin market shoot up and try to hit the $780 billion mark.
Veteran trader Peter Brandt says that Dogecoin (DOGE) is set for more upside price action after printing a textbook breakout pattern. Brandt tells his 741,000 followers on the social media platform X that DOGE is in the middle of breaking out from a nearly seven-month-long downward channel.
Whales have dived into Dogecoin, and boom, 1.4 billion DOGE on the menu. It's going to bubble up!
The cryptocurrency space is arguably the most volatile with value, as it is evident that the prices of coins are sometimes known to change out of the blue. Shiba Inu (SHIB) and Dogecoin (DOGE) are some of the tokens that have been five years in the market and they both have good and bad moments.
Dogecoin's price action has been incredibly strong as the meme coin scene explodes with massive gains amidst inflows into the crypto market. The meme coin's rally was underscored when it recently surged past the $0.12 mark, confirming a bull breakout from a multi-month downtrend.
Crypto veteran Peter Brant has become bullish on Dogecoin (DOGE). At the same time, Shiba Inu (SHIB), the second-largest meme coin's outlook is also bullish.