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news-imageDecember 19, 2024

Dogecoin Price Prediction: Is Elon Musk Abandoning DOGE Promises? Onchain Data Shows Major Rotation

The memecoin community asks the ‘DOGE Father' Elon Musk about his promises for Dogecoin (DOGE) after Trump's election victory. Despite multiple attempts amid the Bitcoin revival, Dogecoin has failed to break from the $0.4 resistance level.
Publisher: Bitcoinist
Sentiment: Negative
DOGE

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Negative
cover-imageBenzinga
December 18, 2024

Bitcoin, Ethereum, XRP, Dogecoin Plummet Despite Anticipated 25 Basis Point Rate Cut

Cryptocurrency markets are trading lower on Wednesday despite the Federal Reserve announcing a 0.25% rate cut in its latest FOMC meet. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $102,173.74 -3.9% Ethereum (CRYPTO: ETH) $3,714.81 -5.5% Solana (CRYPTO: SOL) $210.29 -7.3% XRP (CRYPTO: XRP) $2.36 -9.3% Dogecoin (CRYPTO: DOGE) $0.3654 -8.4% Shiba Inu (CRYPTO: SHIB) $0.00002458 -8.2% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 3.4% and daily active addresses falling by 12.8%.

Positive
cover-imageBenzinga
December 18, 2024

Doge Meme IP Owner Acquires New Rights As Fartcoin Continues To Surge

The meme coin space is facing a mix of IP disputes and speculative frenzy as community-driven projects like Neiro (CRYPTO: NEIRO) tokens clash over legitimacy, while Fartcoin (CRYPTO: FARTCOIN)—an AI-inspired meme token—surged to a market cap of $763.9 million. What Happened: Own The Doge DAO, the organization holding the original Dogecoin (CRYPTO: DOGE) meme IP, announced that it has acquired the rights to use the likeness of Neiro.

Positive
cover-imageThe Currency Analytics
December 18, 2024

Dogecoin Key Metrics Surge, Signs of Potential Reversal

Dogecoin (DOGE) is showing signs of a potential market reversal as key on-chain metrics experience notable increases. Despite recent consolidation in its price, the cryptocurrency has seen a significant uptick in transaction activity, especially among larger transactions.

Negative
cover-imageBenzinga
December 18, 2024

Dogecoin Down Another 4% As Sentiment Sours: What Is Going On?

Dogecoin (CRYPTO: DOGE) continues to trend downward, reflecting broader stagnation in the cryptocurrency market. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.3885 $57.2 billion -4.1% -3.6% Shiba Inu (CRYPTO: SHIB) $0.00002602 $15.3 billion -4.7% -5.9% Pepe (CRYPTO: PEPE) $0.00002179 $9.2 billion -7.2% -8.4% Trader Notes: Crypto trader More Crypto Online notes that Dogecoin's recent 4% drop means the price stuck in a consolidation phase.

Positive
cover-imageUToday
December 17, 2024

Key Dogecoin (DOGE) Metric Surges: Details

Key on-chain metrics for Dogecoin have significantly increased, indicating increased activity in spite of price consolidation. Over the past week, the average transaction size has increased dramatically, reaching a seven-day high of $33,411 on Nov. 12, 2024, while continuing to hover around a seven-day average of $11,960.

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