Following a Tuesday pump, Dogecoin is on the way back down after Elon Musk's DOGE agency website ditched the iconic meme imagery.
At the start of 2024, Dogecoin (DOGE) was trading at just $0.09206. The election of pro-crypto candidate Donald Trump in November of that year ignited a wider cryptocurrency market bull run — leading DOGE to close the year at $0.32409 for a 252.04% return.
DOGE whales have purchased almost 600 million tokens in the last 24 hours.
Dogecoin price has continued to consolidate this week as crypto traders rotate to newer meme coins like Official Trump and Fartcoin. Dogecoin (DOGE), the largest meme coin in the industry, was trading at $0.
DOGE, BONK, TRUMP, BTC, ETH, SOL and XRP in the list.
Elon Musk now assumes sole leadership, tasked with implementing DOGE's ambitious cost-cutting objectives.
Dogecoin (DOGE), a leading meme coin, is signaling a potential breakout from its narrow trading range.
Dogecoin (DOGE), often regarded as the original memecoin, has been at the centre of speculation. While the broader cryptocurrency market remains volatile, the introduction of the Official TRUMP meme token has sparked discussions about whether Dogecoin could reach $1 by 2025, a milestone that has eluded the asset since its inception.
Day Two of the Trump administration and the DOGE (Department of Government Efficiency) website is up and running. Only time will tell if DOGE actually accomplishes anything.
Check out why the biggest Trump-themed meme coins have been quite popular lately.
Crypto majors showed mixed movement as bitcoin (BTC), ether (ETH) and BNB Chain's bnb gained under 1% in the past 24 hours, while Solana's SOL and XRP surged as much as 7%.
Buyers have almost seized the initiative as the majority of the coins are in the green zone again, according to CoinMarketCap.
Dogecoin (DOGE -3.83%) is the undisputed king of the meme coins, with a market cap of about $56 billion. The coin has been in a roaring rally since late last year, rising by 355%, and, with the Trump administration signaling a serious pro-crypto bent, it's no surprise that investors are interested in making big gains with a purchase.
Ripple and DTX Exchange offer unique investment opportunities, while Dogecoin tanks. DTX Exchange's multi-asset platform is growing with community support.
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are trending downwards as market participants closely monitor whale activity, burn rates and technical signals for the next big move. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.3669 $54.2 billion -6.7% +4.4% Shiba Inu (CRYPTO: SHIB) $0.00002061 $12.1 billion -2.5% -2.2% Pepe (CRYPTO: PEPE) $0.00001594 $6.7 billion +1.5% -6.2% Trader Notes: Crypto analyst Ali Martinez remains optimistic about Dogecoin's potential for further upside.
“These are '40 Act filings and so (theoretically, if they aren't disapproved) could hit the market in early April,” an ETF analyst said.
A crypto analyst has set a lofty price target for Dogecoin: $20. Based on the meme coin's current price of $0.365, the forecast represents a substantial 5,380% increase.
SOL and DOGE are the two top gainers from the larger-cap alts.
Will Dogecoin reach the $0.50 psychological mark as the ETF news and whale activities fuels breakout rally chances?
The memecoins have gained mainstream attention ever since President Donald Trump launched his official token, TRUMP. This has started a wave of celebrity coins, as more and more known personalities like Mark Cuban are expected to launch their token.
Dogecoin has emerged as a focal point of conversation, even amid a sudden wave of meme coins linked to Donald Trump's return to the spotlight. On-chain analysis firm Santiment, which recently shared a sentiment dashboard on X, notes that “the top trending tokens” are all about meme coins following the “historic US inauguration of Donald Trump.
Osprey Funds and Rex Shares have filed with the U.S. Securities and Exchange Commission (SEC) to launch several new cryptocurrency exchange-traded funds (ETFs).
Dogecoin price has been on the investors' radar today with a surge of over 8%. Notably, the recent jump in DOGE value could be attributed to several factors including whale activity, growing institutional focus, and other related factors.
The first thing that needed doing by the Department of Government Efficiency, or DOGE, was to let go all but one leader. Former presidential candidate and entrepreneur Vivek Ramaswamy has stepped down as one of the co-heads of the Department of Government Efficiency (DOGE).
DOGE surges 9.57% as whales move millions, bullish pennant targets $2.77. Will the rally continue?
Investment holding firm REX Shares has filed a slew of new crypto ETFs to track the recently launched Trump memecoin, Bonk and Dogecoin. The post Crypto ETF Applications Double Post Gensler's Resignation, Doge and Trump ETFs Emerge appeared first on Cryptonews.
Amid the fervor generated by the latest launches of President Donald Trump and First Lady Melania's memecoins, REX Shares and Osprey, have captured attention by submitting filings for ETFs associated with several of the most popular cryptos: TRUMP, Bonk Inu (BONK), and Dogecoin (DOGE).
The Dogecoin network has seen a significant surge in activity following the inauguration of US President Donald Trump. Although this surge in activity cuts across the entire industry, on-chain data has revealed interesting dynamics among Dogecoin holders.
Deep-pocketed digital asset investors are gobbling up massive amounts of the leading meme token Dogecoin (DOGE). Trader Ali Martinez tells his 116,800 followers on the social media platform X that while retail investors are getting distracted by the recently launched Official Trump (TRUMP) memecoin, crypto whales heavily accumulated DOGE to the tune of $640.
Solana has seen a sharp 21% drop over the past three days, erasing some of the impressive gains from its recent rally. This sudden reversal is partly attributed to the meme coin frenzy, which initially boosted Solana's ecosystem but has now turned into a liquidity drain, leaving the asset vulnerable to a sell-off.
In a bold move following Trump's inauguration and Gensler's resignation, REXShares and Ospreys Funds have filed for multiple spot crypto ETFs, including pioneering memecoin funds.
Just a day after President Donald Trump's inauguration and Gary Gensler's official exit from the SEC, investment management firms Rex Shares and Osprey Funds have filed proposals for numerous spot crypto exchange-traded funds (ETFs) featuring the newly launched $TRUMP memecoin, as well as Dogecoin, Ripple's XRP, and other assets.
The price of Dogecoin jumped higher on Tuesday after the website of the newly created U.S. Department of Government Efficiency, spearheaded by tech billionaire Elon Musk, started to prominently feature a DOGE token logo — despite having no direct connection to the world's oldest and largest meme coin. The logo was published following President Donald Trump's inauguration on Monday.
A new ETF filing proposed to base a product on TRUMP meme tokens, though mixed with low-volatility assets like US government debt and money market funds.
Tuesday's surge in cryptocurrency markets coincides with a wave of ETF filings submitted to the SEC within 24 hours of the Donald Trump administration taking office. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $107,106.40 +3.3% Ethereum (CRYPTO: ETH) $3,335.10 +0.1% Solana (CRYPTO: SOL) $252.85 +2.7% XRP (CRYPTO: XRP) $3.19 +2.2% Dogecoin (CRYPTO: DOGE) $0.3841 +7.2% Shiba Inu (CRYPTO: SHIB) $0.00002102 +2.2% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 35.8% and daily active addresses up by 7.3%.
Dogecoin (DOGE) has made impressive strides, breaking through the $0.39 resistance level and generating bullish sentiment among investors. However, the cryptocurrency now finds itself in a precarious position, as it tests a crucial support zone at $0.36.
The Dogecoin price displays strong bullish signals after breaking out of a Falling Wedge formation. The breakout and a successful retest of the wedge pattern have fueled optimism of a potential price rally, with a crypto analyst forecasting a 50% jump to new highs soon.
The logo of the top memecoin Dogecoin (DOGE) is now the face of an official US government website. The official website of the Department of Government Efficiency (D.O.G.E.), a newly created department aimed at reducing unnecessary public costs, boasts the face of Kabuso, the deceased Shiba Inu who inspired Dogecoin. The D.O.G.E.
Bonk (CRYPTO: BONK) is rallying following a first filing for a Bonk ETF. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Bonk (CRYPTO: BONK) $0.00003417 $2.6 billion +10.5% +25% OFFICIAL TRUMP (CRYPTO: TRUMP) $42.39 $8.5 billion +6% +552.5% Dogecoin (CRYPTO: DOGE) $0.3832 $56.6 billion +6.9% +7.4% Trader Notes: Crypto trader Mayne noted that BONK's price action reflects a strong push into demand, predicting it is "attempting a big reclaim.
Rex Shares has filed for several meme coin ETFs, including TRUMP, BONK, and DOGE. The firm is also attempting to begin offering several more conventional crypto ETFs, such as Bitcoin and Ethereum.
Osprey Funds and Rex Shares have submitted filings to the US Securities and Exchange Commission for multiple crypto ETFs, including three focused on memecoins.
REX Shares has filed multiple exotic ETF applications for such tokens as XRP, Solana (SOL), and Dogecoin (DOGE).
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
A Miami-based investment firm with over $5 billion in assets under management, REX Shares, has filed to list a suite of cryptocurrency exchange-traded funds (ETFs) offering exposure to various altcoins, including major memecoins.
Dogecoin's (CRYPTO: DOGE) recent surge in whale activity, coupled with the filing of a DOGE Exchange-Traded Fund (ETF), has bolstered market sentiment, sending its odds on prediction markets higher. What Happened: Kalshi betting markets have adjusted their odds, with the likelihood of DOGE hitting $1 before September 2025 climbing 7 points to 33%.
The Department of Government Efficiency launched a website with scant details, but a large Dogecoin logo caused social media speculation.
TL;DR REX Shares has filed with the SEC to launch cryptocurrency ETFs, including Bitcoin, Ethereum, and the memecoin TRUMP, targeting institutional investors. The ETFs will invest at least 80% in a reference asset, and the TRUMP ETF will use a subsidiary to manage investments. Eric Balchunas from Bloomberg described the inclusion of TRUMP as “surreal.