In the background of Dogecoin's recent rising price action, a whale has been recorded offloading massive amounts of the dog-themed meme coin, causing a stir in the crypto community. A staggering 120M DOGE tokens, per on-chain data surfacing within the market, were dumped to the Robinhood exchange by an unknown whale today, May 18.
Dogecoin's price depends on a host of different factors - This may be one of them
Crypto top gainers: PEPE, Arweave, and BONK are some of the low-cap altcoins that led the charge as bullish momentum returned to the crypto markets this week.
Crypto analyst Crypto Kaleo has laid out a bullish narrative for Dogecoin (DOGE). Based on his analysis, the foremost meme coin may make a parabolic run to the upside soon enough.
Is PEPE coin's 92% monthly run sustainable or due for a pullback? Top crypto analysts weigh in.
Bitcoin price aims to break its range resistance and hit a new all-time high. Will altcoins follow?
After having a greedy zone the previous day, the crypto market is returning to neutral today. However, the crypto market cap is still up by 1.7%, pushing the value to $2.41, the highest in weeks.
Most of the coins are in the green zone, according to CoinMarketCap.
The recent surge in GameStop (GME) frenzy has spilled over into the cryptocurrency market, particularly impacting the meme coin sector.
So far, 2024 has undeniably been the year for memecoins. Countless new tokens have been released, and a handful of them have touted gains to the magnitude of thousands of percent.
Crypto Kaleo expressed his belief in Dogecoin‘s (CRYPTO: DOGE) resurgence, attributing it to the retail sector's renewed risk appetite. What Happened: In a Friday post on X, Kaleo highlighted the shift in the retail sector's risk tolerance across the meme coin board, as evidenced by the performance of GameStop and AMC.
The attempt by Dogecoin (DOGE) bulls to push the price of the coin beyond the $0.153 mark suffered an intense rejection overnight. At the time of writing, Dogecoin is currently trading for $0.1526, down by 1.17% in 24 hours.
Antminer L9 is coming, with a more powerful and energy-efficient way for Scrypt mining. This hashing algorithm is key for securing the Litecoin network, while also producing Dogecoin.
Despite many assets in the cryptocurrency industry starting to move in a more positive direction, Dogecoin (DOGE) seems to still be waiting for an upwards trigger, but one crypto expert believes that traders of the popular doge meme token might not wait for much longer.
Elon Musk, a serial tech entrepreneur who leads a bunch of successful companies – from Tesla and SpaceX to Neuralink and X – has taken to the X social media platform (formerly widely popular as Twitter) to make an important announcement about a crucial step finally taken by X.
A trader known for making accurate crypto calls is suddenly turning bearish on memecoins. Pseudonymous analyst DonAlt tells his 550,400 followers on the social media platform X that memecoin projects could suddenly collapse.
Keith Gill, widely known as Roaring Kitty, recently made a comeback to social media, three years after his influential promotion of GameStop's stock in 2021. Gill's return saw the stock soaring nearly 300% within a week, largely driven by his hourly and then half-hourly meme video postings.
As the crypto market bounces back, with the Bitcoin price surpassing the $65,000 barrier overnight, the meme coins seem slightly under the weather. Under a healthy correction, they are awaiting their next massive jump. The meme coins could skyrocket soon, with the altcoins siphoning additional bullish momentum from the recovering market.
Dogecoin (DOGE), the meme-inspired cryptocurrency with a loyal following, has been riding a wave of optimism lately. Over the past week, its price surged by nearly 8%, much to the delight of investors.
Crypto analysts predict that Dogecoin is poised for a breakout above key resistance levels, which could potentially trigger another meme coin mania and lead to big gains
Explore the cryptos to buy for potential high-margin returns amidst evolving market sentiment and promising partnerships.
Dogecoin corrected gains and tested the $0.150 zone against the US Dollar. DOGE is now forming a base and might start a fresh increase above $0.1520.
Dogecoin whales are keeping busy, and their actions could have an impact on DOGE's price.
Leading cryptocurrencies witnessed a correction Thursday, even as the Senate followed the House in passing a pro-crypto legislation.
As TradingView's data suggests, PEPE has secured a massive 21% growth in the last few days. The asset has reached the $0.00001 threshold and is now aiming towards breaking the all-time high once more.
Dogecoin is once again seeing an upside following the Bitcoin recovery above $66,000, which, in turn, triggered a broader crypto market recovery. Crypto analyst Crypto Scient expects this bullishness to continue going forward and eventually lead to the start of another meme coin mania.
The recent market surge sees memecoins like PEPE and FLOKI outperforming giants Bitcoin and Ethereum.
Cryptocurrency markets are dipping despite a Senate vote to overturn a controversial accounting rule and $303 million net inflows into spot Bitcoin ETFs. What Happened: Major cryptocurrencies are trading lower at the time of writing: Prices as of 4 p.m.
PEPE, one of the largest meme coins in the crypto ecosystem has wiped out 4.19% of its value early on Thursday. The return of legendary trader “Roaring Kitty” associated with GameStop's 2021 rally catalyzed gains in top meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), Dogwifhat (WIF), Popcat (POPCAT) and PEPE, among others.
Dogecoin seems to have flipped into a bullish momentum, at least in the short term, prompting analysts to predict bullish outlooks in the short term. Particularly, DOGE is up by 7% in the past 24 hours and is still on a 14% increase in the past 3 days.
A closely followed crypto analyst predicts one Ethereum (ETH) competitor is about to have a massive breakout against Bitcoin (BTC). Pseudonymous trader Kaleo tells his 638,000 followers on the social media platform X that the smart contract platform Avalanche (AVAX) could soar against BTC by more than 84% from its current value.
PEPE price emerged as one of the most impressive tokens this bull run as the meme coin hit a new all-time high this week.
Pepe (PEPE) has recently grabbed the headlines, having hit a new all-time high (ATH) this week. The meme coin has also drawn the attention of crypto whales who have accumulated the crypto token lately.
Within a few hours only, the whole dynamics of the market sentiments changed from neutral to greedy, causing a bullish situation for the market. Not only have the sentiments altered, but the performance of the cryptocurrencies has also changed, with some gaining huge peaks and some declining.
Solana-focused crypto trader Ansem recently addressed accusations of manipulating meme coin prices while offering insights into what makes meme coins successful. What Happened: Ansem clarified his stance on pump and dumps, emphasizing that while he has made trading mistakes, he has never intentionally misled his followers for personal gain.
Shiba Inu price peaked at $0.000026 on May 16 having recorded a 20% bounce as Gamestop (GMR) rally spurred bullish retail activity across memecoin markets.
Dogecoin (CRYPTO: DOGE) prompted bullish predictions from traders after significant whale transactions were observed on the blockchain. What Happened: Heavily followed crypto trader Cold Blooded Shiller, in a Thursday tweet, sees a "Return to DOGE (and other major memes)," doubling down his previous thesis that Dogecoin is the strongest meme coin.
Is the memecoin season really back?
An ominous shadow looms over Pepe Coin's trajectory as an analyst issues a warning regarding potential risks of a downturn or impending retracement. With a keen eye on technical indicators, the analyst emphasizes the cryptocurrency's vulnerability, sending a cautionary signal to investors.
Meme markets were buzzing with excitement following the return of Keith Gill, better known as Roaring Kitty, famed for his pivotal role in the January 2021 GameStop short squeeze.
An insider from the X and Dogecoin teams known on the X platform (formerly famous as Twitter) as “DogeDesigner” (@cb_doge) has published a tweet about the much-anticipated launch of “X Payments” and the effect it may have on the payments industry, and conventional banks in particular.
Dogecoin might break out of a pattern, one that could result in DOGE touching $0.3 in the coming weeks.
Bulls in Dogecoin (DOGE) seem to have stepped up their game as the daily price chart of the biggest meme coin in the world is trending positively, fueling speculations about an impending rally. Kevin Capital, a cryptocurrency market expert and enthusiast has offered insights on DOGE's price action, confirming an effective break out for the crypto asset, as it surpasses the $0.153 resistance level.
Dogecoin price hit a daily peak of $0.16 on May 16, bringing DOGE's monthly growth performance to 32%, whales' $130M inflows could drive another leg-up.
Crypto investors might want to throw in the towel on meme coins and consider these three cryptos to buy instead.
Dogecoin (DOGE) price reclaimed the key support of $0.15 this week and the rally from the past 24 hours, furthered the increase.
The price of Shiba Inu (SHIB) has surged by 6% this week, with analysts predicting a 50% rally if key levels are broken. Meanwhile, PEPEs market cap has soared to $5 billion after hitting another all-time high.
In a recent social media discussion, Dogecoin co-author Billy Markus gave his opinion on the upcoming SEC decision regarding Ethereum-based exchange-traded funds. Responding to a skeptical post about the fate of ETH ETFs, Markus expressed an equally pessimistic stance, implying that the current "compromised" state of the regulator holds little good for potential approval.