The cryptocurrency market has experienced a significant downturn, with major digital assets posting notable losses.

The Dogecoin price is up almost 150% since the start of this month, as the foremost meme coin continues to enjoy a massive bull run. Crypto analyst Alan Santana has provided insights into what is driving this rally and whether it is sustainable.

Crypto markets are entering the week like a ticking bomb, primed by global macro pressures and critical technical levels.

Given the obvious signs of waning market momentum, Dogecoin's ambitious quest to reach the $1 milestone may have encountered a snag. Given that Bitcoin recently experienced a retracement that had an impact on altcoins in general, DOGE's trajectory appears less promising.

The Dogecoin price is outperforming Bitcoin. Surprising right?

Elon Musk's net worth recently surpassed $334 billion, thanks to the US Elections, a surge in Tesla's valuation, and high-risk innovative AI investments. 2024 is working well for Musk as his wealth has climbed by more than $70 billion since 2023.

Based on data as of Nov. 26, the Altcoin Season Index (ASI) hosted on blockchaincenter.net is picking up steam, with standout performances from stellar (XLM), sui token (SUI), and mantra (OM), all posting impressive triple-digit increases.

Valour said its product launched on Sweden's Spotlight Stock Market represents a first-of-its-kind for the region.

The Dogecoin price has been gearing up for a major bull rally since it rose to the $0.4 threshold and began testing this resistance. Shedding light on Dogecoin's future bullish trajectory, a crypto analyst has discussed the importance of the $0.22 50-day Moving Average (MA) in determining the Dogecoin price movements in this bull cycle.

Dogecoin whales have resumed buying, fueling bullish momentum as DOGE eyes a potential breakout.

Cryptocurrency markets are trading lower on Tuesday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $91,912.69 -2.9% Ethereum (CRYPTO: ETH) $3,277.87 -4.8% Solana (CRYPTO: SOL) $226.08 -5.1% Dogecoin (CRYPTO: DOGE) $0.3746 -6.8% Shiba Inu (CRYPTO: SHIB) $0.00002385 -6.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 77.4% and daily active addresses up by 16.4%.

The ETP will trade on Sweden's Spotlight Stock Market, offering investors' access to the world's largest memecoin.

Dogecoin (CRYPTO: DOGE) is now in the spotlight as its ever exchange-traded product (ETP) is listed on Sweden's Spotlight Stock Market. What Happened: DeFi Technologies Inc., through its subsidiary Valour Inc., has introduced the first-ever Dogecoin ETP in the Nordics.

The launch of the Dogecoin ETP in the Nordics signifies growing mainstream acceptance and investment diversification in digital assets. The post First-ever Dogecoin ETP debuts in Nordics as Elon Musk boosts interest in the crypto asset appeared first on Crypto Briefing.

TL;DR DeFi Technologies launches the first Dogecoin ETP in the Nordic countries, offering investors an easier way to access the asset. The Valour Dogecoin (DOGE) SEK ETP is available on Sweden's Spotlight Stock Market and carries a 1.9% management fee.

Dogecoin (DOGE) price hit its highest level since 2021 on November 23 but has since entered a correction, dropping 12% in the last 24 hours. The Ichimoku Cloud, DMI, and EMA indicators all point to growing bearish momentum, with DOGE trading below critical levels and showing signs of weakening upward pressure.

Crypto to Buy Now: After a notable upside rally, the overall cryptocurrency market appears to be correcting. Today, November 26, 2024, the top cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and several others have reported significant price declines.

DeFi Technologies, a publicly traded Canadian firm, has announced the launch of its subsidiary Valour Inc.'s new product—the Valour Dogecoin (DOGE) ETP—on the Sweden-based Spotlight Stock Market, according to a Nov. 26 statement.

Dogecoin (DOGE), the largest meme coin, has set a record for network activity, with 60.9 billion tokens shifted by large investors in 24 hours. Such intense movement usually indicates increased interest from large investors, often called whales, in anticipation of bullish momentum.

Binance founder and former CEO Changpeng Zhao on Tuesday voiced concerns about the current state of meme coins, calling their proliferation “a little weird.” What Happened: In a tweet, Zhao clarified he isn't against memes but urged the crypto community to focus on building meaningful blockchain applications.

Dogecoin Soars on Trump's Presidency Win. Here's Why That's Not Just a Fad.

The crypto market has entered a correction phase, according to CoinMarketCap.

Dogecoin futures hit an all-time high in open interest at $4 billion, highlighting a surge in speculative activity.

Bitcoin's recent sell-off has affect, Dogecoin leading to a 21% crash. Regardless, the long-term outlook remains bullish, which leads many to believe that the Dogecoin price could be on a path to retest $1 this year.

Dogecoin (CRYPTO: DOGE) is down 11.5% over the past 24 hours, yet traders remain optimistic about its long-term prospects. What Happened: Despite ‘Dogecoin superfan' Elon Musk on Monday humorously tweeting that "DOGE is inevitable," the apex meme coin has found itself at the receiving end of a market correction.

Too much leverage has led to an inevitable pause in the crypto market, but this is largely seen as a healthy correction, analysts argued.

Dogecoin (DOGE) has made significant progress, breaking through the $0.18 and $0.20 resistance levels twice. The cryptocurrency rose to a high of $0.478 before falling back.

The price of Dogecoin has plunged by 12% today, yet analysts are predicting that it will soon break out towards $0.82. The post Analyst Predicts Dogecoin ‘Cup And Handle' Formation Could Propel it to $0.82 In December, Support Remains At $0.37 appeared first on Cryptonews.

Veteran Wall Street investor Warren Buffett is known for his unabashed takes on cryptocurrencies and has never shied away from voicing his disapproval in the harshest terms possible. What happened: Buffett has made Berkshire Hathaway into one of the world's most valuable corporations through a succession of acquisitions and investments over the years, becoming one of the most followed stock investors globally.

Dogecoin trading volume hit a record $4.06 billion in open interest as Elon Musk prepares to lead a new government department while planning payment integration for X platform, though the price has retreated from recent three-year highs.

Dogecoin (DOGE) is making headlines with an impressive rally, trading at $0.3975, up 1.17% in the past 24 hours. The cryptocurrency has surged over 150% in the past month, fueled by increased market optimism and Elon Musk's influence on social media.

Dogecoin is making headlines again. After a spectacular rise, the famous memecoin seems poised to reach new heights, fueled by the enthusiasm of crypto investors and the undeniable influence of Elon Musk.

Dogecoin targets a 45% breakout as the Dogecoin Foundation unveils Dogebox, a global payment initiative. Musk-linked support fuels bullish momentum.

Dogecoin, the famous meme-based cryptocurrency, is making waves again with two big developments. On one hand, Elon Musk's posts about DOGE are sparking discussions about market influence, while the Dogecoin Foundation is rolling out initiatives to enhance mass adoption.

Dogecoin was one of the best-performing crypto assets following a recent upswing in the general market in the past few weeks. However, considering several indicators and current price action, a correction might be forthcoming for the largest meme coin.

Billionaire and X owner Elon Musk posted a meme depicting Doge today. Although he directly referred to the Department of Government Efficiency, the meme asset Dogecoin also pumped briefly.

On-chain data shows a Dogecoin whale has just transferred a large amount of DOGE to Coinbase, something that could be bearish for the price.

Dogecoin rally reignited optimism with a 25% surge, setting sights on a potential $0.82 breakout.

The Dogecoin Foundation is seeking donors to fuel its Dogebox initiative, with the aim of driving mass adoption.

A crypto strategist is warning that two large-cap altcoins may witness deep corrective moves after massive rallies this month. Crypto trader Credible tells his 473,800 followers on the social media platform X that payments-focused altcoin XRP looks primed for a pullback after completing a five-wave rally on the four-hour chart.

Traders continue to place their bets on Elon Musk's favorite coin: Dogecoin. Open interest for the asset surged to over $4 billion Saturday.

The recent spike in trading activity on Korean exchanges has brought the country and its retail investors to the fore of the crypto industry. Korean Investors Love to Play Big The South Korean cryptocurrency market is once again at the center of global attention with a recent surge in trading activity.

Crypto analyst Master Kenobi has provided a bullish update for the Dogecoin price, predicting that the foremost meme coin can reach as high as $2.8. In his update, the analyst also explained why Dogecoin's outlook is still bullish.

The Dogecoin (DOGE) price came within just $0.24 of its record high when it $0.48 over the weekend on more teasings from Elon Musk, but some analysts are predicting it could easily eclipse its 2021 high this cycle. The post Dogecoin Price Just $0.24 Shy From An All-Time High, Analysts Predict DOGE Could Reach $2.80 In December appeared first on Cryptonews.

Between November 20 and 23, Dogecoin (DOGE) whales reduced their holdings — the same week the cryptocurrency reached a yearly high. This decrease in exposure caused DOGE's price to dip to $0.36.

Cryptocurrency markets are trading lower on Monday, with Ethereum a notable outperformer. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,748.63 -1.6% Ethereum (CRYPTO: ETH) $3,482.07 +4.7% Solana (CRYPTO: SOL) $240.19 -3.6% Dogecoin (CRYPTO: DOGE) $0.4052 -3.3% Shiba Inu (CRYPTO: SHIB) $0.00002568 +2.8% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 22% and daily active addresses falling by 8.4%.

Dogecoins meteoric rise has Real Visions Raoul Pal calling it harder money than Bitcoin, citing a decade-long 550% outperformance. Pals prediction suggests DOGE might keep surpassing BTC, as analysts speculate even higher targets amid record-breaking gains.