With a 20% rise in profitability, Shiba Inu is emerging as a possible recovery, which may portend a bullish run for the asset. The data indicates that 55% of SHIB holders are now profitable, which is an increase from earlier levels.
Although flying under the radar concerning price movements during Bitcoin's recent bull run, the dog-themed cryptocurrency Shiba Inu (SHIB) was able to appreciate 8.18% in the last week while Bitcoin reclaimed the $69,000 mark on Friday. Analysts have already predicted further upward potential for this meme coin.
The Dogecoin price dipped 2% during Sunday's trading session to reach the $0.141 level. This slight pullback follows a strong recovery last week, giving buyers a chance to regain momentum.
Dogecoin creator Billy Markus, despite selling off his original holdings years ago, made $780,000 this year alone by selling tokens gifted to him. Markus continues to profit from the cryptocurrency space without holding onto any Dogecoin.
Shiba Inu (SHIB), the meme-inspired cryptocurrency, is approaching its first golden cross since December 2023. The convergence of its 50- and 200-day moving averages raises speculation about another potential price rally.
Dogecoin (DOGE) has finally broken through the crucial $0.12 resistance level, marking a significant milestone as it surges to catch up with the broader crypto market rally. After weeks of struggling below that key supply zone, DOGE has made a strong move upward, sparking optimism among analysts and investors alike.
This week, crypto markets saw strong altcoin performance and some corrections as volatility continues to challenge investors.
Here is how some of your favorite assets concluded the week.
Bitcoin's bullish weekend price action could be a sneak peek of what's to come this week. Will ETH, SOL, DOGE, and SHIB follow?
In a notable turn of events, meme coin Dogecoin is now flashing a sell signal for corrections ahead after a 30% rally in seven days. The Dogecoin price has been on an unprecedented rally in October, taking many investors who have been on the sidelines by surprise.
An unusual mystical transfer of tens of millions of Dogecoin (DOGE) tokens took place today on the world's largest crypto exchange, Binance. Thus, according to a report by Whale Alert, 176.64 million DOGE, worth more than $25.05 million, were transferred to Binance today, Oct. 20.
Dog-themed cryptocurrency Shiba Inu (SHIB) has seen an 880% increase in its burn rate, with 320 million SHIB tokens burned in the past seven days.
New data from market intelligence firm Santiment hints at a potential correction for popular dog-themed memecoins Dogecoin (DOGE) and Shiba Inu (SHIB).
The global crypto market cap added $140 billion, spiking 6.3% to close the week above a two-month peak of $2.35 trillion. Bitcoin (BTC) championed the recovery, breaking past $68,000 and sparking a strong rally across the altcoin market.
The price of the popular meme-inspired cryptocurrency that is the second largest in its sector, Shiba Inu (SHIB), is approaching the first golden cross on its price chart since December 2023.
Shiba Inu's (SHIB) price action over the last 30 days has drawn a notable reaction from the meme coin holders. If sustained, this action could be crucial to a significant price increase for the token, which struggled for most of the last two quarters.
After a massive bull run, Dogecoin lost its momentum. Does this mean a price correction ahead?
Dog-themed cryptocurrency Dogecoin (DOGE) has risen nearly 29% in the last seven days. Accompanying Dogecoin's price jump is a staggering 1,856% surge in large holder netflows over the same period.
With his proceeds from the sale of tokens he was given recently, Dogecoin creator Billy Markus — also referred to as Shibetoshi Nakamoto — has had an interesting year. The same Dogecoin holdings that he infamously sold for just $10,000 in order to purchase a car back in 2015 would now be worth over $9 million and at their peak they would have been worth over $45 million.
Dogecoin, the world's largest meme coin by market capitalization is now flashing a major sell signal, indicating that it may be time for investors to get out fast, and sell off their tokens before a potential decline. This sudden sell signal comes as the Dogecoin price jumped 10% following a recent comment by SpaceX and Tesla Chief Executive Officer (CEO) Elon Musk.
Liquidation heatmap and reduced buying pressure indicated that Shiba Inu might not yet be ready for a proper breakout.
Dogecoin, the king of meme coins, is once again capturing the spotlight as it reclaims its throne among meme coins. According to price data from Coinmarketcap, Dogecoin is currently outperforming other meme coins in gains in both the 24-hour and seven day timeframes.
A top cryptocurrency analyst and trader believes Dogecoin (DOGE) could print a new all-time high this cycle. Pseudonymous analyst DonAlt tells his 591,700 followers on the social media platform X that the memecoin may surge more than 624% from its current value. “This is the chart for my thesis. I bought $0.
Memecoins have a fascinating history in the crypto market, with assets like Shiba Inu (SHIB) turning small investments into millions, especially in 2021. Back then, few could predict SHIB's extraordinary 8,000% rally, turning a meme coin into one of history's most profitable altcoin investments.
Dogecoin‘s recent price surge to $0.1491 has pushed the Relative Strength Index (RSI) into overbought territory, signaling a potential shift in momentum. As the RSI climbs above 70%, it suggests that the token may be overvalued, raising the possibility of a price correction.
The world's richest man, Elon Musk, is back to support the foremost meme coin, Dogecoin (DOGE), although indirectly. This has raised the possibility of Dogecoin rallying 36,000%, just like it did in the 2021 bull run.
Dogecoin price surged 5.5% during the Saturday trading session to reach $0.144. Outperforming the broader market recovery, the DOGE price rides a parabolic rally after Elon Musk's ‘D.O.G.E.
Buyers keep controlling the initiative at the beginning of the weekend, according to CoinStats.
Dog-themed cryptocurrency Shiba Inu (SHIB) has experienced a notable price surge recently, driven by increased buying pressure. SHIB's price has been steadily climbing since October, and it now hovers near the $0.00002 mark, a level seen as a significant resistance point.
Dogecoin (DOGE) has been on a tear over the last six days, reaching highs of $0.147 during Saturday's trading session. While the likelihood of further gains remains, traders and investors might need to proceed with caution in the event of a validation of a short-term technical warning.
Dogecoin (DOGE), the largest meme coin by market capitalization, is currently on an uptrend, riding on the waves of positive broader market sentiment. However, on-chain market analyst Ali Martinez highlighted DOGE technical indicators, which suggest a potential price correction ahead.
According to on-chain analytics firm Santiment, top meme coins are drawing the most hype in five months.
Dogecoin has seen a strong upswing over the past week, hiking by 30% on the charts.
Shiba Inu, the dog-themed cryptocurrency, has recorded a 367% jump in burn rate, sending over 11.5 million SHIB to dead wallets. According to Shibburn's update, the burn occurred only in two transactions.
Buyers are giving no chances to bears, according to CoinMarketCap.
A widely followed analyst and trader is leaning bullish on the Solana-based pet-themed memecoin cat in a dogs world (MEW) while outlining his forecast for Dogecoin (DOGE) and Shiba Inu (SHIB).
Over the past week, blue-chip assets like Bitcoin (BTC) and Ethereum (ETH), have been major topics of discussion in the cryptocurrency space — and rightfully so — after a strong positive performance week. Meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB) have also enjoyed a fair share of the attention in the last seven days.
WLD has performed the best in the past 24 hours from the top 100 alts.
Against the backdrop of bullish market dynamics, Shiba Inu coin has once again nabbed considerable investor attention as the week closes. Notably, SHIB price remains poised for a 2021-like parabolic rally ahead, primarily attributable to recent ecosystem developments.
DOGE is among the top performers in the past week, how high can it go?
Dogecoin has broken away from the rest of the market with a 9% surge. Here's why this could be bad for Bitcoin, according to history.
Dogecoin (DOGE) might be on track for a massive rally as the asset continues its consistent uptick in recent weeks, up by a double-digit percent. According to a renowned crypto analyst Javon Marks, based on the historical chart pattern, the memecoin may be on the brink of another parabolic run, similar to the explosive rallies witnessed in the past.
DeFi ecosystem expert has given an eye-opening investment alert that could help you make millions of dollars if you take early action. This expert has predicted the ETFSwap (ETFS) price to make a meteoric 20,700% rally from its current presale price of $0.03846 to $8 in the coming crypto market cycles.
A prominent crypto analyst has sparked a thought-provoking debate on social media platform X, suggesting that the Dogecoin price may mirror XRP's performance during the previous bull market. While most major cryptocurrencies surged to new all-time highs in the 2021 bull run, XRP struggled to break past its previous peak.
The price action of XRP has been strengthening recently, indicating that the death cross that has been approaching for several months is not going to occur. When a short-term moving average crosses below a long-term moving average, it is known as a death cross and usually denotes bearish momentum.
Shiba Inu (SHIB) is now priced at about $0.00001783, just below a key resistance zone which means that the market is in a good mood. Market analysts are ready to witness another possible rally in the meme coin space.
Billionaire and founder of Tesla and SpaceX, Elon Musk, appears to be influencing the token price of Dogecoin (DOGE) with his proposed department “Department of Government Efficiency” under Republican Donald Trump's presidential campaign. On October 18, 2024, DOGE gained remarkable attention from the crypto community with its impressive price surge of over 13%.