As the crypto market rides the bullish wave spurred on by Donald Trump's win in the United States Presidential elections, the Dogecoin price has emerged as a top performer, gaining over 25% earlier this week. With momentum building toward a potential all-time high, a crypto analyst highlights that Dogecoin's downside risk has significantly decreased.
Cryptocurrency markets are trading mostly sideways to close out the week. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $76,596.76 -0.1% Ethereum (CRYPTO: ETH) $2,941.75 +1.8% Solana (CRYPTO: SOL) $198.79 +0.9% Dogecoin (CRYPTO: DOGE) $0.1959 +1.8% Shiba Inu (CRYPTO: SHIB) $0.00001878 -0.9% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 26.3% and daily active addresses falling by 10.2%.
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Bitcoin hit a new all-time high at $77,000, boosting buying in several altcoins, which have also broken above their respective resistance levels.
Dogecoin (DOGE) saw a massive surge in value, jumping around 25.4% over the past 24 hours, briefly reaching $0.2133, according to data from CoinMarketCap.
Blockchain-focused firm Spirit Blockchain Capital Inc. has acquired Dogecoin Portfolio Holdings Corp. Noteworthy, the acquired firm was founded by entrepreneurs and supporters of the dog-themed memecoin Dogecoin (DOGE). The strategic move is aimed at boosting the adoption of the pioneering digital currency.
Dogecoin (DOGE) price, a leading meme-based cryptocurrency, has seen a strong surge in value recently, capturing attention across trading platforms. Over the past week, the DOGE price has shown steady growth, consistently defying market dips and emerging as one of the top performers.
Chinese cryptocurrency journalist and blogger Colin Wu has reported that Spirit Blockchain Capital has finally completed the acquisition of Dogecoin Holdings. This may potentially help to increase the global adoption of the original meme cryptocurrency, DOGE.
In a surprising move, Spirit Blockchain Capital Inc.(Canadian Securities Exchange: SPIR), a blockchain tech company and digital asset management firm, has announced the acquisition of Dogecoin Portfolio Holdings Corp, a startup focused on supporting the DOGE brand. According to the announcement, Spirit Blockchain Capital will acquire all the issues and outstanding assets of Dogecoin Holdings.
The recent Dogecoin price rally appears to be losing steam following an impressive surge that pushed its price above $0.21 for the first time since April to mark a notable seven-month high. This intense week of upward movement has been followed by profit-taking by traders, which has triggered a pullback in the Dogecoin price.
The Dogecoin price has risen by 2.5% today, with the meme token getting ready to test its key $0.20 resistance level. The post Dogecoin Price Nears Critical Level – $10 Target If Bulls Hold the Line appeared first on Cryptonews.
Amid a highly market witnessed recently in light of the U.S. elections, a meme coin diamond-hand trader nabbed substantial market attention by making massive profits. On-chain data on Friday indicated that a trader made nearly $4 million worth of profit trading Department Of Government Efficiency (DOGE) meme token.
Pseudonymous millionaire trader ‘Unipcs,' informally known as ‘BONK Guy,' has been highlighted by on-chain analytics firm Lookonchain for amassing significant gains by investing early in the Department of Government Efficiency (DOGE) and MAGA (CRYPTO: MAGA) meme coins. What Happened: Lookonchain on Friday shared the trader's journey, which saw him investing 235 Ethereum (CRYPTO: ETH), valued at $584,000, when the Musk-themed DOGE — not to be confused with the much bigger and more popular Dogecoin (CRYPTO: DOGE) — traded at a $2.7 million market cap, yielding him 33.35 million DOGE, now worth $4.7 million.
DOGE and XRP were added to Binance Smart Arbitrage during a strong crypto market.
Dogecoin may be up 120% for the year, but is it a good investment?
Dogecoin (DOGE) is maintaining an upward momentum, capitalizing on the impact of the Donald Trump victory with an analyst projecting a parabolic rally for the meme coin.
Bitcoin (BTC) surged to a new all-time high, reaching $76,943, only a couple of days after it smashed its previous all-time high of $76,191, as markets continued their upward trajectory following Donald Trump's victory.
An analyst has pointed out how this price level could end up being the next destination of Dogecoin based on a Descending Triangle pattern. Dogecoin Is Moving Inside A Descending Triangle Right Now In a new post on X, analyst Ali Martinez has talked about a pattern that has recently been forming in the price of Dogecoin.
After the recent rise in the Bitcoin price to new highs, the token, along with the other altcoins, has begun to consolidate. Moreover, the bulls have been fighting with the bears since the last trading day, which may delay the next bullish action.
The world's largest crypto exchange Binance on Friday said it has added XRP and Dogecoin (DOGE) to smart arbitrage offerings. Binance Earn's addition of XRP and DOGE sparked huge speculation for an imminent price rally.
Crypto prices today stirred a whirlpool of speculations among market watchers globally, showcasing mixed price actions. While Bitcoin (BTC) maintained a trading session in the green at the $75K level, altcoins mainly reflected a turbulent market sentiment.
Binance's Smart Arbitrage now supports XRP and DOGE, with a promotional campaign offering 45,000 USDT in rewards. Participants can earn bonus APR and trading fee rebates.
Bitcoin tapped an all-time high, and Ethereum soared as the Federal Reserve's latest quarter-point rate cut boosted market momentum on Thursday. Cryptocurrency Gains +/- Price (Recorded at 7:30 p.m.
A popular crypto strategist is suddenly flipping bullish on an altcoin connected to a viral game on the encrypted messaging platform Telegram. Analyst Ali Martinez tells his 77,300 followers on the social media platform X that Notcoin (NOT) could soar 100% from its current value. “Notcoin is showing a promising risk-to-reward setup.
Crypto analyst Ali Martinez has predicted that the Dogecoin price could rise to $23 in this market cycle. Interestingly, the analyst alluded to the role that the world's richest man, Elon Musk, can play in sparking this price rally.
Dogecoin holders have moved a striking $150 million off exchanges, reducing sell pressure and setting the stage for a potential breakout. With resistance at $0.20 in sight, DOGEs price could surge as whale activity strengthens bullish sentiment.
A crypto analyst has disclosed that the Dogecoin price may be positioning itself for a significant move upward as it approaches a critical weekly close. The question arises as to whether Dogecoin can close the weekly candle above the yellow line.
Dogecoin briefly catches XRP in crypto's global ranks with both above a $30B market cap: has the altcoin season arrived?
The price of Dogecoin has risen by 1% in the past 24 hours and by 3% in the last hour, as veteran trader Peter Brandt predicts that the meme token is on course to break its all-time high. The post Legendary Trader Peter Brandt Calls for Dogecoin New High Soon – $10 Next Target? appeared first on Cryptonews.
In a Trump election win-fueled rally, SPX6900 has emerged as one of the biggest beneficiaries of the boom across the meme coin sector, positioning itself as a frontrunner in the “movement coin” revolution. The post Is This the Next Dogecoin? SPX6900 Explodes with Huge Volume Spike as Meme Coin Mania Takes Off appeared first on Cryptonews.
Crypto assets are poised for bullish upticks after the United States election. The crypto market projects Trump's win to spark an upward drive in Bitcoin, altcoins, and meme coins.
Speculation about Donald Trump's return to the White House and Elon Musk's influence has reignited hopes of a Dogecoin rally.
A substantial $150 million withdrawal of Dogecoin from exchanges revealed a decreased supply on these platforms. A decrease in sell pressure may result from this type of outflow, which is frequently a good indication that holders are removing their assets from exchanges, possibly for long-term storage.
Dogecoin price has moved into a technical correction after soaring to a multi-month high on Nov. 6 following Donald Trump's election. Dogecoin (DOGE), the biggest meme coin, retreated to $0.1930 on Nov.
As became known thanks to on-chain data from IntoTheBlock, the amount of Dogecoin (DOGE) inflows into the wallets of large investors - those who hold no less than 0.1% of the circulating supply, - totaled 2.96 billion DOGE in the last 24 hours. For comparison, in the previous 24 hours, this amount was only 563.83 million DOGE.
Dogecoin (CRYPTO: DOGE) is up 79% over the past 30 days, with analysts predicting its uptrend to continue for the foreseeable future. What Happened: Crypto analyst Ali Martinez highlighted Dogecoin consolidating within a descending triangle pattern and forecasts the meme coin to climb to $0.22 if it can break the $0.198 resistance level.
Following Donald Trump's 2024 presidential victory, Dogecoin (DOGE) experienced a significant boost, both in price and in the number of millionaire wallets.
The cryptocurrency market surged today as news of Donald Trump's US election win sent ripples through the digital asset world. Bitcoin (BTC) briefly hit a new all-time high of $76,000, boosting overall investor sentiment.
Leading meme coin Dogecoin saw a 25% intraday surge on Wednesday, briefly overtaking Ripple's XRP in market capitalization. However, this rally has turned out to be short-lived as a wave of selling pressure has washed over the market, erasing the gains and pushing DOGE back below XRP.
DOGE price is yet again on the verge of another crucial breakout after a hidden historic pattern re-emerged. If the breakout does happen this time, it would confirm a Dogecoin bull run, causing the meme coin to surge to unprecedented levels.
Dogecoin price is yet again on the verge of another crucial breakout after a hidden historic pattern re-emerged. If the breakout does happen this time, it would confirm a Dogecoin bull run, causing the meme coin to surge to unprecedented levels.
Elon Musk's favorite cryptocurrency, Dogecoin (DOGE), could be on the verge of a massive parabolic rally following the recent victory of Republican U.S. presidential candidate Donald Trump. Could Trump's Victory Catapult Dogecoin To $23?
Crypto prices today have maintained a bullish movement, solidifying investor optimism across the industry. Bitcoin (BTC) price briefly touched the $76K mark, whereas Ethereum (ETH), Solana (SOL), and XRP traded dominantly in the green.
Dog-themed meme coin First Neiro On Ethereum (NEIRO) emerged as the biggest beneficiary of the Donald Trump-induced cryptocurrency market rally Wednesday. What happened: NEIRO, named after the newly adopted Shiba Inu pup of the owner of Kabosu, the inspiration of Dogecoin (CRYPTO: DOGE) and many dog-themed cryptocurrencies, swelled 53% over the last 24 hours.
Leading cryptocurrencies gave a thumbs up to Donald Trump's presidential victory in anticipation of a friendlier White House. Cryptocurrency Gains +/- Price (Recorded at 7:30 p.m.
Dogecoin is set for a major rally, with veteran trader Peter Brandt forecasting new all-time highs as Elon Musk's influence and a channel breakout drive momentum.
Solana's recent action was outstanding: it printed what traders call a god candle — a single enormous 12% spike during the day. These candles are usually unexpected even in a market that is otherwise doing well, and they indicate strong bullish momentum.