Crypto analyst James has compared Dogecoin (DOGE) and Bitcoin (BTC) and provided insights into what to expect from these major cryptocurrencies in this market cycle. Based on his analysis, the foremost meme coin will likely outperform the flagship cryptocurrency in this bull run.
The price chart of Shiba Inu has formed a symmetrical triangle, signifying a period of consolidation. Volume has been gradually declining as the price has stabilized, as the volume profile shows.
On Wednesday, the crypto market experienced a sudden wave of selling pressure as Bitcoin headed for the $60k breakdown. While most major altcoins followed this downward momentum, Dogecoin showed resilience, posting a 0.4% intraday gain.
The Dogecoin price could soon witness another price rally following a recent accumulation trend from crypto whales. Onchain data shows that these whales have bought billions of DOGE tokens in the last week, which could trigger a price surge for the foremost meme coin.
Ki Young Ju, founder and CEO of On-chain analytical platform CyproQuant, is convinced that meme coins can find order and become less chaotic. He made this statement in a post he shared on X, responding to meme coin analyst Murad Mahmudov's predictions.
Cryptocurrency markets are trading sideways despite key Bitcoin metrics rising. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $61,248 -1.2% Ethereum (CRYPTO: ETH) $2,412 -0.9% Solana (CRYPTO: SOL) $140.6 -1.5% Dogecoin (CRYPTO: DOGE) $0.1087 +1.98% Shiba Inu (CRYPTO: SHIB) $0.00001697 -0.9% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 5.6% and daily active addresses growing by 16.5%.
The market capitalization of meme coins is trading sideways over the last 24 hours, with a majority of established memes like Shiba Inu (CRYPTO: SHIB), Pepe (CRYPTO: PEPE) and Dogwifhat (CRYPTO: WIF) failing to back up their September gains. What Happened: Crypto trader Unipcs highlighted that despite the hype around newer coins, established ones like Dogecoin (CRYPTO: DOGE), Shiba Inu, Floki (CRYPTO: FLOKI), Bonk (CRYPTO: BONK), Dogwifha, and Pepe are poised for a significant rally.
Meme coin watchers are betting big on Flockerz ($FLOCK), a new kind of meme coin that makes voting and community building both fun and profitable.
Bitcoin's failure to hold $62,000 may trigger another selloff and pull altcoin prices lower.
XRP and Dogecoin have experienced a slump due to crypto market consolidation over the past week. Despite the recent stability, these two top-10 digital assets show signs of potential gains this October.
The Dogecoin price has recovered by 2% in the past 24 hours, returning to $0.1103 as the crypto market loses 1.5% today.
A popular crypto trader thinks one Dogecoin (DOGE) rival could be headed for a breakout soon. The pseudonymous analyst known as Altcoin Sherpa tells his 224,000 followers on the social media platform X that if the Solana (SOL)-based memecoin dogwifhat (WIF) manages to break above the $2.845 range, it could surge toward $3.50.
The market is trading sideways as the rates of some coins remain in the green zone, while others have started going down, according to CoinMarketCap.
Popular meme cryptocurrency Dogecoin (DOGE) is experiencing a new stress test in its growth trajectory. The meme coin's ability to attain new price levels depends on whether it can pass current resistance levels.
Three private banks in Taiwan have expressed interest in offering crypto custodial services, with the initiative expected to begin in the first quarter of 2025.
Billy Markus, who is known on social media as Shibetoshi Nakamoto (a playful reference to Satoshi Nakamoto) and who built Dogecoin in collaboration with Jackson Palmer in 2013 based on the Bitcoin code, has named the person (and his friends) who he believes was most likely the Satoshi Nakamoto, who created Bitcoin.
Bitcoin (BTC) remained muted, registering a marginal decline over the past 24 hours. It continues to hover just under the $62,500 mark.
Billy Markus, who created a Bitcoin parody called Dogecoin together with Jackson Palmer in 2013, has commented on the likely effect of the "Money Electric: The Bitcoin Mystery" documentary that was released by HBO earlier today.
A new Dogecoin price prediction has put it on another bullish path and this time, forecasting that the meme coin is destined for new all-time highs. In particular, crypto analyst @Kev_Capital_TA on X made a notable forecast regarding the meme coin that could see it finally cross the $1 market.
Recently there was a significant surge in the price of Bitcoin bringing it very near to $65,000. Many participants on the market were taken aback by the sudden and swift action.
Dogecoin holders accumulate 2.07 billion tokens, signaling increasing demand and interest with the memecoin.
ETFSwap (ETFS) is quickly emerging as the cryptocurrency to watch, with experts predicting that it will outclass popular tokens like Shiba Inu (SHIB), Dogecoin (DOGE), and PEPE combined.
Memecoins are up today and have strongly outperformed the entire crypto market over the last month.
Cryptocurrency markets are trading lower as China's stimulus measures came in lower than expected. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $62,017.71 -1.7% Ethereum (CRYPTO: ETH) $2,429.76 -0.09% Solana (CRYPTO: SOL) $142.62 -2.4% Dogecoin (CRYPTO: DOGE) $0.1066 -3% Shiba Inu (CRYPTO: SHIB) $0.00001712 -3.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 81.4% and daily active addresses growing by 15.2%.
The cryptocurrency market continues displaying a volatile price action by displaying price movements within a short period. Moreover, with Bitcoin failing to hold its price above the $63k mark, the memecoin category has also taken a dip. Top tokens such as Doegcoin (DOGE) continue hovering close to their important support/resistance levels, indicating a mixed-price action.
Two weeks ago, Dogecoin (DOGE) price was $0.13, driving speculation that the meme coins could be circling back to its yearly high. But in the last seven days, Dogecoin's ambitions of hitting that value have been waning as its price decreased by 8.86%.
Here's what signals a possible DOGE resurgence in the short term.
The Pepe price has declined by 6% in the past 24 hours, sliding to $0.000009616 as the crypto market as a whole loses 1.5% today.
Dogecoin and Shiba Inu prices have crashed again following their recent upward trend, which led to significant price gains. These price crashes are primarily due to the current macro environment and market uncertainty, which don't favor risk assets like these meme coins.
It seems that holders of large positions in the most popular meme cryptocurrency, Dogecoin, are running out of patience, and there are a number of confirmations of this, especially behind the scenes at DOGE.
On-chain analytics platform Lookonchain highlighted traders booking significant profits with Solana (CRYPTO: SOL) meme coin Popcat (CRYPTO: POPCAT), which could go higher still, according to analysts. What Happened: One trader executed eight trades since Aug. 20, all of which have been profitable, resulting in a total profit of over $1 million.
Dogecoin has experienced significant accumulation recently, with large holders adding over 2 billion DOGE tokens valued at $200 million.
An analyst has explained how Dogecoin could currently be gearing up for the next bull run if historical pattern is anything to go by. Dogecoin Has Recently Shown Similar Trend To Past Cycles In a new post on X, analyst Ali Martinez has discussed about how Dogecoin has been forming a familiar pattern in its monthly price recently.
Just recently, an economist predicted that both Dogecoin (DOGE) and Shiba Inu (SHIB) could reach new all-time highs in the upcoming crypto cycle, drawing attention from investors hoping to capitalize on the incoming success. However, while these well-known tokens are expected to make significant gains, this $0.
After turning $1,000 into $1 million with Dogecoin, a rookie trader is setting his sights on RCOF as his next major investment. With predictions of a 12,000x bull run by Q1 2025, RCO Finance (RCOF) is quickly establishing itself as the presale token to watch in Q4 of 2024.
Dogecoin (DOGE) has been a popular topic in the crypto market, but recent trends suggest it will face challenges in reclaiming its all-time high of $0.74. Although Dogecoin has shown resilience, analysts doubt it will surge past this record soon. Meanwhile, a new player, priced under $0.
The price of the OG meme coin Dogecoin (DOGE) has been in limbo for some time now, but the impasse might be nearing its end before the next major rally kicks off.
Dogecoin shows signs of a potential rally as whale activity increases, social interest surges, and analysts predict possible new all-time highs based on historical patterns and technical indicators.
Dogecoin price shows signs of a potential dip before it can continue its uptrend. The recent breakdown of a key support level suggests a further pullback is likely, providing sidelined buyers an opportunity to accumulate DOGE before the dog-themed crypto shoots higher.
Positive sentiment around Dogecoin, the largest meme coin has seen notable growth, with a wave of bullish predictions from several crypto experts about its potential to undergo a major price movement on the upside, possibly to new all-time highs.
As “Uptober” unfolds, retailers have been making their way to the crypto scene, hoping to ride the bullish wave. With a buying spree ongoing, the top favorites among retailers are none other than Binance Coin (BNB), Dogecoin (DOGE) and DTX Exchange (DTX).
Dog-themed meme coin First Neiro On Ethereum (NEIRO) became the market's best-performing cryptocurrency Monday, defying the slump in its sister coin Dogecoin (CRYPTO: DOGE). What happened: NEIRO, named after the newly adopted Shiba Inu pup of the owner of Kabosu, the inspiration behind DOGE and subsequent canine-themed cryptocurrencies, pumped over 19% to become the market's biggest gainer in the last 24 hours.
Tesla and Space X CEO Elon Musk talked about his potential role in the Department of Government Efficiency (DOGE) under a new Donald Trump administration What happened: In an interview with popular media personality Tucker Carlson, Musk explained that the idea behind the so-called DOGE department was to streamline federal spending by overseeing the operations of different agencies. Musk underlined that the U.S. has far too many federal agencies, about 438 in total.
Though the market is currently not as favorable as some traders would like, Ethereum is displaying some strength as it approaches the $2,500 mark. Despite the fact that Ethereum has been rising lately, there are questions about whether there is enough momentum to keep the trend going given the lack of noticeable trading volume.
Dogecoin may be gearing up for a rally with rising development, transactions, and social buzz.
A popular on-chain strategist says the top meme token Dogecoin (DOGE) is seeing an abrupt increase in network activity. Analyst Ali Martinez tells his 73,400 followers on the social media platform X that institutional investors may be behind the sudden rise in large Dogecoin transactions.
Dogecoin is trading critically, and investors are paying attention as this could shape next week's price action. After several weeks of volatile market movements marked by sharp ups and downs, the entire crypto market is at a turning point.