Amid ongoing price reversal, the top meme coin Dogecoin (DOGE) is poised for a significant upside rally as transactions from whales and institutions skyrocket. On October 5, 2024, a prominent crypto expert made a post on X (Previously Twitter) that the number of large Dogecoin transactions on the network continues to rise.

On-chain data shows the Dogecoin whales have gone on a significant buying spree in the past day, a sign that could be bullish for DOGE's price. Dogecoin Whales Have Purchased Big Over The Last 24 Hours As pointed out by analyst Ali Martinez in a new post on X, the DOGE whales have been participating in net buying recently.

Dallas Mavericks minority owner Mark Cuban has teased a plan floated by Donald Trump to pay off U.S.

The Dogecoin price suffered a notable crash along with the rest of the market after the Bitcoin price dropped to $60,000. This was brought about by the rising tensions in the Middle East as the fear of war wages on.

Dogecoin is testing a crucial level after a 22% decline, bringing the price down to the $0.10 mark. This key area has become a turning point for the popular meme coin, potentially sparking a new rally or leading to further correction.

Billionaire investor and Shark Tank star, Mark Cuban recently declared that all meme coins are rug pulls in a podcast. However, this statement contradicts his well-known support and love for Dogecoin (DOGE), the first-ever meme coin and one of the most popular cryptocurrencies in the market.

Dogecoin shows bullish potential for Q4 with historical patterns and market sentiment.

Since Wednesday, crypto whales have purchased about 1 billion Dogecoin (DOGE), suggesting that these investors could save the meme coin from a poor start to a historically bullish October. On Sunday, Dogecoin's price was $0.13, but today, it is down to $0.10.

Dogecoin whales were buying, but will it be enough for the memecoin?

Cryptocurrency markets are trading higher on positive labor market data. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $62,356.18 +2.7% Ethereum (CRYPTO: ETH) $2,432.81 +3.8% Solana (CRYPTO: SOL) $143.92 +5.7% Dogecoin (CRYPTO: DOGE) $0.1094 +5% Shiba Inu (CRYPTO: SHIB) $0.00001751 +10.2% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 10.9%.

If Bitcoin sustains its rebound above $60,000, investor sentiment is likely to improve and attract buyers to altcoins.

Solana (CRYPTO: SOL) meme coin Popcat (CRYPTO: POPCAT) is showing strength, prompting traders to predict more outperformance in the near term. What Happened: Crypto trader Altcoin Sherpa shared his forecast for Popcat, suggesting that the meme coin could witness a significant uptick in value within a week, or even just a few days.

New economic data came out today and the rise in oil prices slowed.

Dogecoin's (CRYPTO: DOGE) erratic performance is puzzling traders but fresh demand from small businesses may increase the appeal of the apex meme coin. What Happened: Dogecoin is down 13% over the past seven days and has painted a bearish chart pattern, according to trader Kevin.

The cryptocurrency market is volatile, and two of the biggest altcoins–Dogecoin (DOGE) and Ripple (XRP)–have experienced significant dips recently. However, both coins show signs of recovery, attracting investor interest. Amid these developments, attention is shifting to DTX Exchange (DTX), a decentralized finance (DeFi) coin dominating the market with massive growth potential.

Dogecoin has experienced a sharp decline over the past week declining by 11.42%. Analysts argue DOGE must reclaim $0.11 to avoid mass sell-offs.

This week, we examine Ethereum, Ripple, Cardano, Shiba Inu, and Dogecoin in greater detail. Ethereum (ETH) Ethereum had a difficult week and closed with a 10% loss.

Dogecoin whales have accumulated over 1 billion DOGE in the past 24 hours, signaling a potential rally in the cryptocurrency market. Market analysts identified this development, which marks one of the largest buy-ups in recent months, totaling around $108 million.

Billy Markus, a co-founder of the iconic meme cryptocurrency Dogecoin, known under the pseudonym Sibetoshi Nakamoto, has shared his take on the nature of crypto markets and why they keep dropping, leaving investors and traders frustrated.

The crypto markets saw significant turmoil over the past 24 hours, with over 100,000 traders impacted by mass liquidations, greatly raising concerns during the latest market downturn. Bitcoin (BTC) briefly dipped below the $60,000 mark on October 3 before recovering and pushing back above $60,000.

The Dogecoin project has significantly benefited from the support of tech billionaire Elon Musk and his family of unicorns.

The Dogecoin price has jumped by 5% in the past 24 hours, returning to $0.1087 as the cryptocurrency market repairs some of the damage from this week's selloff.

Dogecoin's price has dipped recently, but its adoption as a payment method among retailers is growing, supported by high-profile backers and increasing integration with payment processors.

Dogecoin (DOGE) whales are making an intriguing comeback to the market, per a recently spotted on-chain acquisition move. As spotted by top market analyst Ali Martinez on X, DOGE whales have acquired one billion DOGE in the past 24 hours.

Dogecoin price recently abandoned a breakout after the entire crypto market crashed following uncertainty from the Middle East conflict. As the Bitcoin price shows a mild recovery to $61,200, other altcoins, including DOGE, are rallying.

Dogecoin's next few days will depend on traders regaining their belief in it.

The meme-inspired cryptocurrency Dogecoin ($DOGE) has seen its “largest spike in active addresses in the past six months,” as the number of addresses active on its blockchain recently surged to 84,306.

Leading cryptocurrencies moved sideways Thursday as investors awaited key employment data releases to gather insight into the economy's health. Cryptocurrency Gains +/- Price (Recorded at 9:30 p.m.

Dogecoin (DOGE), the meme-based cryptocurrency, has recently seen a sharp decline in price following a short rally to $0.12 last week. Amid this plunge in price performance, prominent crypto analyst Ali has identified key levels where its price needs to be reclaimed real soon, or there will be negative consequences.

The Dogecoin (DOGE) price, last just above its 50DMA in the $0.1050 region, is floundering.

The Dogecoin (DOGE) price is facing a potential shift toward a more pronounced downtrend, as recent technical signals suggest growing bearish momentum.

Cryptocurrency markets are trading lower as geopolitical tensions continue to loom over global financial markets. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $60,619.33 -1% Ethereum (CRYPTO: ETH) $2,342.84 -3% Solana (CRYPTO: SOL) $134.89 -5.8% Dogecoin (CRYPTO: DOGE) $0.103 -0.7% Shiba Inu (CRYPTO: SHIB) $0.0000159 -3% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 13.4% and daily active addresses falling by 15.9%.

Mark Cuban, the famous investor in Shark Tank, is known as a famous Dogecoin advocate, but recently, he sounded decidedly unenthusiastic, saying, “I think every meme coin is essentially a rug pull waiting to happen.” What's more surprising, though, is he even said this volatility is, at least partially, what makes them so exciting.

In an interview, Mark Cuban admits that he's tempted to play the "game" that is timing meme coin investments—even if it's just musical chairs.

As we enter the tenth month of the year, the cryptocurrency market continues to struggle, having already lost over $213 billion in total capitalization since the beginning of the week. Most of this decline is, of course, due to the fact that the market's flagship, Bitcoin, failed to break through a key level of dynamic resistance at $66,000.

Buyers are not ready yet to seize the initiative, according to CoinStats.

Even with recent market corrections and geopolitical tensions, Dogecoin (DOGE) keeps seeing an uptick in both whales and retail investor activity. Data by Santiment reveals that whale transactions have hit new highs since June.

After a 16% rally the previous week, the Dogecoin price is again on a downtrend following the crypto market red zone. More importantly, it is not so unexpected for the DOGE to fall behind in the charts, as this meme-themed cryptocurrency has not been performing to its holder's expectations for years now.

Cryptocurrency analyst and trader Ali Martinez is leaning bullish on the largest memecoin by market cap.

Dogecoin‘s (CRYPTO: DOGE) bearish price action could spell more weakness, as traders see looming weakness on the charts. What Happened: Crypto trader Kevin highlighted Dogecoin's weakness on the weekly chart.

Dogecoin has experienced a significant decline recently, with prices dropping around 18% from its recent peak. Concerns regarding the meme coin's future trajectory have been raised by this abrupt decline, which has shocked the community.

Despite DOGE's price drop, whales have maintained high network activity.

The Dogecoin price reaching as high as $10 has long been anticipated by the DOGE community who have remained loyal to the meme coin despite various crashes that have rocked the price. Even with Dogecoin sitting more than 85% below its May 2021 all-time high of $0.73, expectations for the meme coin's performance are still very high.

History may have a chance to repeat itself on DOGE's price charts.

An analyst has pointed out how a Dogecoin indicator could be about to show a crossover that proved bullish the last two times for the DOGE price. Dogecoin May Be About To Show A Bullish MACD Crossover As explained by analyst Ali Martinez in a new post on X, a MACD crossover could be about to happen for DOGE soon.

Dogecoin has been caught in a whirlwind of adoption, especially when it comes to new investors. Crypto analyst Ali Martinez shared on X that the meme coin has seen a major rise in the number of new daily addresses.

Leading cryptocurrencies continued to trade in the red as geopolitical tensions kept risk appetite in check.