Dogecoin (DOGE), the original meme coin and one of the top 10 cryptocurrencies by market cap, saw its price plunge nearly 10% in the last 24 hours amid a broader cryptocurrency market downturn. The decline follows mixed U.S. economic data released earlier on Tuesday, which has created ripples across financial markets.

Elon Musk, on Tuesday, predicted a potential drop in prices of cryptocurrencies like Bitcoin (CRYPTO: BTC) and Dogecoin (CRYPTO: DOGE) if dollar inflation is addressed. What Happened: The Tesla and Space X CEO expressed his views on how cryptocurrencies would benefit if inflation and government overspending were curbed “If dollar inflation is solved, the price in dollars to buy cryptocurrency will actually drop, other things being equal,” Musk wrote in an X post.

Elon Musk offered praise for Pierre Poilievre, a Bitcoin advocate and contender for Canadian PM, who wants to cut government spending.

It's a rough day for Dogecoin, but other meme coins like Bonk and AI16Z are faring even worse as the crypto market takes a beating.

The cryptocurrency market was not doing well on Tuesday as Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and other digital assets plunged. The crypto market crash occurred in tandem with other risk-off events in the global financial market owing to rising US treasury yields, a more hawkish Fed and heightened macroeconomic uncertainty.

Leading meme coin Dogecoin (DOGE) has seen a notable price surge over the past week, outperforming its top meme coin rivals. During this period, DOGE has soared by 23%, outpacing Shiba Inu (SHIB), which has risen 14%, and Pepe (PEPE), which has gained 4%.

Cryptocurrency markets are sliding on Tuesday as producer price pressures weigh on the market. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,073.3 -4.7% Ethereum (CRYPTO: ETH) $3,431.99 -6.9% Solana (CRYPTO: SOL) $205.16 -6.4% XRP (CRYPTO: XRP) $2.30 -5.5% Dogecoin (CRYPTO: DOGE) $0.3562 -8.7% Shiba Inu (CRYPTO: SHIB) $0.00002217 -8.4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 68.6% and daily active addresses falling by 0.01%.

Cryptocurrency markets are sliding on Tuesday as producer price pressures weigh on the market. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,073.3 -4.7% Ethereum (CRYPTO: ETH) $3,431.99 -6.9% Solana (CRYPTO: SOL) $205.16 -6.4% XRP (CRYPTO: XRP) $2.30 -5.5% Dogecoin (CRYPTO: DOGE) $0.3562 -8.7% Shiba Inu (CRYPTO: SHIB) $0.00002217 -8.4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 68.6% and daily active addresses falling by 0.01%.

The Dogecoin price is currently battling to break above the $0.4 price level again, but technical analysis suggests that might not be the only thing that the meme-inspired cryptocurrency is battling. According to technical analysis by crypto analyst Kevin (@Kev_Capital_TA), Dogecoin is currently locked in a battle with a key resistance level defined by the macro 0.5 Fibonacci extension, which could determine whether the price can break through to higher levels above $0.4 or face renewed selling pressure.

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry as crypto exchange Gemini agreed to pay $5 million to settle a case with the CFTC. Plus, Dogecoin futures set a record high in terms of open interest and MARA Holdings is lending out 7,377 BTC to third parties.

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are falling on Tuesday, as Bitcoin finds itself trading back below $98,000. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.3669 $54.12 billion -5.8% +12.9% Shiba Inu (CRYPTO: SHIB) $0.00002253 $13.3 billion -7.9% +3.9% Pepe (CRYPTO: PEPE) $0.00001906 $8 billion -9.8% -10.4% Trader Notes: Crypto chart analyst Ali Martinez flagged a sell signal on DOGE's daily chart, predicting a potential price correction.

Dogecoin (DOGE), the popular meme cryptocurrency, has experienced an unexpected price drop, shaking up its market position. At press time on January 7, 2025, Dogecoin was trading at $0.3599, after a sharp decrease of 7.79% over within minutes.

Talks about the Dogecoin payments on the X payment have arisen again following recent developments. These developments include a recently leaked code that suggests the X payments launch is imminent.

Crypto prices are plummeting early Tuesday amid rough economic data, with Bitcoin falling under $98,000 after topping $100K on Monday.

Prominent blockchain tracking platform Whale Alert has spotted an enormous Dogecoin deposit that landed on the world's largest cryptocurrency trading venue Binance.

A top analyst recently predicted Dogecoin price's likely rally to $5 ahead, with soaring global interest towards the digital assets space. On the other hand, the recent comment from Y Combinator CEO Garry Tan has further fueled speculations.

A savvy trader has capitulated on the booming AI agent coin vertical, pocketing an eight figure sum by identifying trending coins early. What Happened: Lookonchain data highlighted the trader's details, who achieved a stunning 89.07%-win rate in the past 30 days.

Dogecoin has captured the spotlight once again, as major investors, known as whales, have intensified their buying activity, acquiring a staggering 140 million DOGE tokens within 24 hours.

Dogecoin experiences strong price momentum with whale activity and futures markets setting new records, while testing key resistance at $0.41 amid broader crypto market recovery and historical January strength.

As Dogecoin nears the $0.40 mark for a breakout rally, bulls are anticipating an extended run to the $1 pipe dream. Will Dogecoin manage to achieve this target in 2025?

Elon Musk has said that if his Doge department is successful in combating inflation, it could drive down the price of bitcoin, dogecoin and other major cryptocurrencies.

Crypto market recovery shows strong momentum today, with Bitcoin surpassing $102K, fueling bullish sentiment across the market. Most of top altcoins struggles to sustain upward trends, reflecting mixed performance.

Whale transactions and large withdrawals from exchange signal demand for the largest memecoin by market capitalization.

Bitcoin bounced back above $100K, which was expected to circulate bullish waves across the markets. While the other tokens failed to keep up the momentum, Dogecoin is trying hard to maintain a decent ascending trend. The price has been trying hard to rise above $0.4 since the beginning of 2025.

Dogecoin's price rallies 18%, driven by a 400% spike in whale transactions and strong market optimism.

XRP and Dogecoin (DOGE) are among the most discussed assets for their potential explosive growth in 2025. Both coins have seen notable surges recently, and experts are now predicting that the best may still be ahead for these digital assets.

Dogecoin has made some notable recovery during the past week, but social media users have remained bearish. Here's why this could be good for the rally.

Dogecoin has emerged from a recent period of consolidation and achieved a noteworthy price breakout, reaching $0.38. Although there are a few subtleties that could dampen the excitement surrounding this development, this move above the 50-day EMA suggests a possible change in momentum.

Dogecoin (DOGE) has experienced a noteworthy surge in early 2025, capturing the attention of both seasoned investors and newcomers alike. Over the past week, the price of Dogecoin has climbed by an impressive 23.31%, prompting discussions about its future potential.

Michael McGlone, a chief commodity strategist at Bloomberg Intelligence, has noted increased risks in the crypto market. In his recent statement, McGlone noted that there were “2.4 million so-called cryptocurrencies” in the market, referring to them as “Bitcoin wannabes.

BONK, the popular Solana-based meme coin, is poised for a massive rally as its price action, recent market sentiment, and continuous token accumulation support its bullish outlook. As of today, January 7, 2024, BONK, with all this bullish momentum, has outperformed major meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), and others.

Bitcoin (BTC 3.00%) is climbing again on Monday after MicroStrategy continued its massive buying spree. This time, the company announced another 1,070 Bitcoin acquired over the past week and said it will be raising another $2 billion to buy even more.

Dogecoin (DOGE) is back in the spotlight as leaked code from X (formerly known as Twitter) hints at the imminent launch of its much-anticipated payment system, X Payments.

Dogecoin investors famously clamored for the largest and oldest meme cryptocurrency to skyrocket to a dollar back when it soared in 2021, but bears stopped DOGE's rally dead in its tracks. The canine-themed crypto ended up topping out at just around $0.73 before plunging.

Dogecoin (DOGE) is finally set to hit $1 this year, more than 10 years on from its 2014 launch, according to leading crypto firm Galaxy's latest suite of predictions for 2025. The post Dogecoin to Finally Hit $1 This Year – Analyst Predicts $100 Billion Market Cap Surge appeared first on Cryptonews.

Cryptocurrency markets are trading higher on Monday after MicroStrategy and Metaplanet announced having acquired more BTC. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $101,987.32 +4% Ethereum (CRYPTO: ETH) $3,689.41 +1.4% Solana (CRYPTO: SOL) $220.19 +3.4% XRP (CRYPTO: XRP) $2.43 +1.8% Dogecoin (CRYPTO: DOGE) $0.3895 +1.9% Shiba Inu (CRYPTO: SHIB) $0.00002427 +2.3% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 5.3% and daily active addresses remained flat at 1.25 trillion.

The Dogecoin price could be gearing up for a strong bullish move, as a crypto analyst has identified a recurring pattern in the meme coin's movements. This optimistic outlook on Dogecoin's future trajectory comes after the meme coin experienced a severe price crash of over 46%, pushing it to new lows.

Dogecoin (DOGE), the popular and world's largest meme coin, appears more optimistic in this highly anticipated altcoin season. Experts and analysts believe this bull run will begin following the inauguration of Donald Trump's government, which is scheduled for January 20, 2025.

Back in December 2024, the Dogecoin price entered the Gaussian Channel following a sharp decline in price as Bitcoin suffered multiple crashes. However, even though the entry was triggered by bearish forces, Dogecoin's entry into the Gaussian Channel was bullish and showed a tendency to recover quickly from dips.

Bitcoin (BTC) surpassed the $100,000 psychological barrier for the first time in 2025, rallying to $101,184 at press time.

Vitalik Buterin sold large quantities of 28 different meme coins today, donating the proceeds to his charity, Kanro. In total, the value of these coins amounted to around 984,000 USDC.

Sustained buying by institutional investors pushed Bitcoin above $100,000, opening the doors for a retest of the all-time high.

Dogecoin is already one of 2025's biggest gainers—and a prominent crypto firm believes the meme coin will finally hit $1 this year.

Vitalik Buterin converts unsolicited meme coin holdings into charitable donations, selling 28 different tokens for nearly $1M USDC. The move aligns with his vision of using meme coins for social impact.

Popular analyst Ali Martinez dropped an interesting on-chain revelation regarding major cryptocurrency Dogecoin (DOGE). Thus, citing on-chain data, Martinez underscores increased interest in Dogecoin, with major investors having collectively purchased 140 million DOGE in the past 24 hours.

Dogecoin whales have again echoed a frenzy across the broader crypto landscape on Monday, embarking upon a buying spree. Recent on-chain data indicated that large investors have accumulated 140M DOGE, bringing heightened buying pressure to the asset.

Chief commodity strategist at Bloomberg Intelligence Mike McGlone has published an X post about Bitcoin, Dogecoin and “2.4 million of so-called cryptocurrencies.”

Dogecoin shows mixed signals as Bollinger Bands tighten, MVRV ratio steadies, social volume spikes, and open interest rises, indicating potential bullish momentum.