New data blockchain explorer Blockchair reveals that a hacker took advantage of an exploit in Dogecoin's (DOGE) blockchain, causing the majority of its nodes to crash. Earlier this week, a Dogecoin monitoring platform noticed that the number of DOGE nodes dipped from 647 to just 205, a decrease of about 69%.
Earlier in November, Dogecoin experienced a rapid ascent to new price highs, driving its Relative Strength Index (RSI) into the overbought zone. However, a crypto analyst revealed that the popular meme coin has officially exited this overbought range following its recent pullback below $0.4.
As the Dogecoin ($DOGE) price consolidates just above $0.40, investors are weighing up whether the market could be about to vault to new highs, or whether a deeper pullback could be in store. The post Dogecoin Price Could Dump 50% Soon – But Here's Why You Should Still Be Bullish appeared first on Cryptonews.
Cryptocurrency markets are trading lower on Thursday as President-elect Donald Trump rang the bell at the New York Stock Exchange. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $99,666.97 -1.7% Ethereum (CRYPTO: ETH) $3,882.77 +1.8% Solana (CRYPTO: SOL) $228.16 -0.9% XRP (CRYPTO: XRP) $2.36 -3.2% Dogecoin (CRYPTO: DOGE) $0.404 -3.2% Shiba Inu (CRYPTO: SHIB) $0.00002804 -4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 5.3% and daily active addresses falling by 11.9%.
The Dogecoin network exploit crashed 69% of its nodes, exposing critical security flaws and highlighting the need for timely updates.
Following the recent waning price performance of Dogecoin, the largest meme coin in the past few days, speculations and uncertainties about DOGE's potential to hit a new all-time high in the short term have emerged within the crypto community.
Andreas Kohl, co-founder of the Bitcoin sidechain Sequentia, claimed responsibility for crashing 69% of the Dogecoin network by exploiting a critical vulnerability dubbed “DogeReaper.” On Dec.
Dogecoin has seen choppy price action over the past few weeks, reflecting the broader market's indecision. After reaching a new yearly high of $0.484, the price retraced sharply, losing over 25% of its value.
Bonk (CRYPTO: BONK) continues to chase Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB), performing slightly better than its two bigger rivals over the past 24 hours. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Bonk (CRYPTO: BONK) $0.00003949 $2.98 billion +2% -8.4% Dogecoin (CRYPTO: DOGE) $0.4148 $60.9 billion +0.2% -8.1% Shiba Inu (CRYPTO: SHIB) $0.0000288 $16.9 billion +0.2% -10.1% Trader Notes: Crypto trader Cold Blooded Shiller noted Bonk chart is reflecting a huge weekly retest:
Billy Markus, known on social media as Shibetoshi Nakamoto and cofounder of the iconic meme cryptocurrency Dogecoin (DOGE), has shared an unexpected success tip. Markus, known for his bold statements, has revealed what it takes to attract a huge following in the social media space.
XRP's meteoric rise in the first week of November elevated its market capitalization from around $30 billion to an impressive $135 billion. This surge momentarily overtook Tether, securing XRP's position as the third-largest cryptocurrency by market cap after Bitcoin and Ethereum.
A hacker exploited a vulnerability in Dogecoin's network, causing 69% of its nodes to crash and highlighting the cryptocurrency's fragility. The post Hacker Exploits Dogecoin Vulnerability, Crashes 69% of Network Nodes appeared first on Cryptonews.
The Dogecoin network faced a major security breach after the "DogeReaper" exploit caused 69% of its nodes to crash.
A hacker found a flaw in the system and used it to crash 69% of its nodes. Nodes are like the backbone of the network.
Dogecoin's (DOGE) recent price action has caught the attention of traders and investors, with market analysts suggesting the meme coin could be on the brink of its ‘next uptrend'.
A little-watched indicator is flashing a bullish signal for two major cryptocurrencies, leading meme-inspired token Dogecoin (DOGE) and the native token of the XRP Ledger, suggesting they may be poised for a price surge in the near future.
A critical vulnerability in the Dogecoin (CRYPTO: DOGE) network has led to a significant disruption, with 69% of its nodes rendered inactive. The incident did not meaningfully impact the price of Dogecoin.
A significant vulnerability in the Dogecoin network was exploited on December 12. The attack caused 69% of its active nodes to crash.
Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) could be on the brink of a new rally. A recent report highlights a often-overlooked bullish signal, suggesting a potential recovery of the crypto market in the medium and long term.
Crypto analyst Master Kenobi has provided an update on the Dogecoin price action in comparison to the 2021 bull run. The analyst revealed that the DOGE/BTC chart has aligned with this previous cycle and predicted when exactly Dogecoin could experience the long-awaited pump.
Dogecoin, Shiba Inu, and Pepe show mixed signals in technical analysis. DOGE targets $1, SHIB eyes a 50% rebound, and PEPE risks a 40-50% correction after its overheated rally.
Security researchers claimed that the vulnerability could have been used to crash the entire Dogecoin network.
Crypto analyst Bartfil has provided insights into the next move for the Dogecoin price based on past performances. Based on his analysis, Dogecoin could witness a significant price correction before it continues its upward trend.
As expected, whales went on an accumulation spree in the past few days.
The on-chain analytics firm Santiment has revealed that Dogecoin and XRP are flashing bullish signals in an often overlooked metric. Dogecoin, XRP, & Bitcoin Recently Saw A Decline In Mean Dollar Invested Age In a new post on X, Santiment has discussed the latest trend in the Mean Dollar Invested Age indicator for a few of the top coins in the cryptocurrency sector.
Dogecoin (DOGE) witnessed notable volatility, with its price plunging from $0.4673 to a low of $0.3800. This drop closely mirrored the broader cryptocurrency market's movements, as Bitcoin retraced its steps to previous lows around $94,000.
Dogecoin (DOGE), the popular and world's largest crypto-meme coin, is poised to continue its downward momentum as whale activity and price action indicate a bearish sign. Whale Dumped 146.6 Million DOGE Recently, Whale Alert, a whale transaction tracker, posted on X (formerly Twitter) that an unknown wallet had transferred a significant 146.
A new Dogecoin price analysis reveals the potential for the number one meme coin to surge to a new all-time high at $4. According to a crypto analyst, this bullish target could become a reality if Dogecoin can maintain its position above a critical support level of around $0.35.
A closely followed crypto trader believes that top memecoin Dogecoin (DOGE) could soar to double digits based on historical patterns. Crypto strategist Ali Martinez tells his 97,000 followers on the social media platform X that DOGE appears to be in the phase of the cycle when it pauses before skyrocketing to new record highs.
Dogecoin's next possible stop is $0.50 and above. Especially if a historical price fractal fails to play out.
Bitcoin, the world's oldest and largest cryptocurrency, rose back above the $101,000 level on Wednesday, clawing back most of its losses after a bruising sell-off earlier this week.
Bitcoin's rally above $100,000 has improved sentiment, triggering a strong recovery in several altcoins.
Meme coins Peanut The Squirrel (CRYPTO: PNUT), Popcat (CRYPTO: POPCAT), and Goatseus Maximus (CRYPTO: GOAT) surged on Wednesday amid significant exchange listing announcements, surpassing the performance of Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Peanut The Squirrel $1.30 $1.29 billion +30% +4.3% Popcat $1.26 $1.23 billion +14.7% -8.9% Goatseaus Maximus $0.6855 $685.4 million +29.2% -11.8% Dogecoin $0.4123 $60.5 billion +7.3% +0.0% Shiba Inu $0.00002917 $17.1 billion +13.8% -2.5% Trader Notes: Crypto trader Dami-Defi predicts PNUT could bring life-changing opportunities.
Memecoins like DOGE and SHIB plunge amid market-wide liquidations and heightened volatility.
Dogecoin (CRYPTO: DOGE) is making waves again, with a notable 10% rally over the past 24 hours spurring bullish predictions on social media. What Happened: Crypto trader Scofield declared Dogecoin "is back" and stronger than before.
As crypto wavers, an old companion whispers in the ears of traders: XRP and Dogecoin have not said their last word.
Dogecoin price, a major meme-based altcoin, has seen a significant surge recently, becoming one of the top-performing cryptocurrencies. The digital asset has defied prevailing market trends, steadily gaining traction and drawing widespread attention for its remarkable rally.
Bitcoin rose back above $100,000 per coin Wednesday after U.S. inflation data matched expectations, with other top coins also popping.
Dogecoin, XRP, and Bitcoin show MDIA trends hinting at potential bull market recovery.
XRP's price marked a milestone rise that ignited in the first week of November and elevated its market capitalisation from around $30 billion to as high as $135 billion. This move also temporarily surpassed the market cap of Tether, becoming the third largest token after Bitcoin & Ethereum.
Well-known analyst DonAlt recently called Dogecoin's chart destructive, asserting that traders' net worth has been greatly impacted by its sideways movement over the last month. The analyst claims that attempts to ride the speculative wave to $1 have resulted in the liquidation of numerous leveraged positions.
Dogecoin price crawled back on Dec. 11 as the recent crypto sell-off eased and traders bought the dip. Dogecoin (DOGE), the largest meme coin in the crypto industry, rebounded to $0.40 after falling to $0.36 a day earlier.
A wallet linked to Ceffu transferred 73.8 million Dogecoin (DOGE), worth $30.32 million, to Binance within 24 hours. This massive deposit has sparked discussions across the crypto community, with traders speculating about its implications for its price.
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Billy Markus, known on social media as Shibetoshi Nakamoto and a person who co-founded the iconic meme cryptocurrency Dogecoin eleven years ago, is well-known for his ironic statements or critiques towards crypto and the market that cryptocurrencies have formed since the inception of Bitcoin.
XRP bounced off the $2 level and has the potential to rally higher as bulls retake control. This comes as the Ripple community reacts positively to news that the Ripple USD (RLUSD) stablecoin is about to launch. Meanwhile, Dogecoin, which is above a key support area, and new crypto token iDEGEN are attracting investors.