Leading cryptocurrencies slipped Sunday as worries over high inflation and the U.S. government's potential Bitcoin liquidation weighed on the market.

Crypto analysts have continued to make ambitious price targets regarding how high the Shiba Inu price and the Dogecoin price can rise in the long term. However, several factors indicate the Shiba Inu price and Dogecoin price might eventually reach these price targets.

Even though it's the weekend, the crypto market does not sleep as trades are made 24 hours a day, seven days a week. While volatility may be low these days, there's still room for things to happen.

Trends are cyclical and while a few digital coins appeal to the general populace a little more than others, others fade away. Keeping in mind the latest trends, cryptocurrencies such as Dogecoin (DOGE) gained much popularity due to the social media ‘hype' among clients and endorsements from celebrities, and in the year 2021, it reached its actual deep growth and surprising shots.

Dog-themed cryptocurrency Dogecoin (DOGE) has recently experienced a significant surge. However, this surge is not reflected in its price but rather in its network activity.

Dogecoin is currently in a consolidation phase following days of sharp volatility and wild price swings. Since the start of October, the meme coin has been trading within a tight sideways range, leaving some investors concerned about whether the anticipated rally for DOGE will ever materialize.

Dogecoin is currently stuck in a consolidation range between $0.1 and $0.13. Can DOGE finally rally?

In the crypto market, market sentiments have often dictated the price movement of any digital asset. Presently, the narrative surrounding Dogecoin has shattered dreams as analysts predict it will never touch the $100 mark.

Recent on-chain data shows that short-term trading activity for meme coins has been increasing, which could lead the Dogecoin price to rally. Dogecoin's recent 65% price retracement aligns with the typical pattern following a breakout from a multi-year descending triangle, setting the stage for a potential bull rally.

Bulls have turned out to be more powerful than bears on Saturday, according to CoinStats.

Leading crypto assets manager Grayscale, has updated its list of assets under consideration for an investment product to include 36 cryptocurrencies, cutting across multiple categories from meme coins to AI-related projects.

Shiba Inu is getting close to the point where a symmetrical triangle pattern on the chart indicates a big price move may be about to occur. When an asset leaves the triangle's bounds, these patterns have historically suggested that volatility may increase.

Dogecoin (DOGE) is gradually recovering from the start-of-October crypto market crash, which saw the altcoin sector shed significant value. Despite this bullish sign, investors are migrating to tokens that promise astronomical returns by Q1 2025.

Cryptocurrency markets were trading higher before entering the weekend with altcoins also being pushed up. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $63,000.44 +5.8% Ethereum (CRYPTO: ETH) $2,459.54 +4.3% Solana (CRYPTO: SOL) $145.88 +6.2% Dogecoin (CRYPTO: DOGE) $0.111 +6.2% Shiba Inu (CRYPTO: SHIB) $0.00001775 +8.2% Notable Statistics: IntoTheBlock data showed large transaction volume decreasing by 23.2% and daily active addresses up by 3.6%.

A whimsical ride with crypto's most adored dog: the iconic Shiba Inu takes Tesla's robot taxi for a test drive.

Bitcoin and altcoins made a strong comeback on Oct. 11, indicating solid buying at lower levels.

A sudden single-day spike by Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) has prompted traders to predict an upcoming bull run for the meme coin leaders. What Happened: With Dogecoin prices reflecting a relatively flat performance over the past week, an analyst who goes by “Kevin” on X, outlined his thoughts on the trajectory of Dogecoin.

Dogecoin dominates short-term trading in meme coins, while DEGEN showing strong activity.

The race to $1 gets heated up for Dogecoin price, XRP price, and the ETFSwap (ETFS) tokens, with all three altcoins vying for attention.

Elon Musk, the CEO of Tesla and a well-known advocate for Dogecoin, has once again ignited excitement within the DOGE community. During the unveiling of Tesla's new autonomous vehicle, the “Cybercab,” a Shiba Inu—the breed synonymous with Dogecoin—was prominently featured, sending DOGE enthusiasts into a frenzy.

Elon Musk, the CEO of Tesla, has once again stirred excitement among the Dogecoin community by featuring a Shiba Inu dog in the promotional material for Tesla's newly unveiled product, the Robotaxi. This move, highlighted during a live presentation, has sparked conversations and enthusiasm within the Dogecoin community.

Crypto analyst Dima James has predicted an explosive rice rally for the Dogecoin price. Interestingly, the analyst raised the possibility of a price surge to as high as $10 and provided an analysis to show why it is possible.

The crypto space turns volatile amid the US consumer price increase in September. Amid the growing volatility, Bitcoin momentarily broke $59k. However, the top meme coin, DOGE, shows a bullish reversal possibility. Despite the 1.82% drop yesterday during the broader market correction, the DOGE price trend sustains dominance above $0.10.

Dogecoin is now at a crucial demand level after a 4% rise from local lows, stirring serious speculation in the market. The meme coin has caught the attention of analysts and traders, with mixed opinions about its next move.

The crypto market has witnessed mixed price actions over the past few sessions, leading to considerable investor speculation. Bitcoin (BTC) continued to trade below $61,000 and registered a marginal drop over the past 24 hours.

On-chain data aggregator IntoTheBlock has published a post about the recent increase in short-term trading activity that involved meme coins. It revealed that Dogecoin has been the most frequent choice of short-term traders recently, while other popular meme coins got much less of their attention.

In a fresh display of growing discord within the SEC, Commissioner Mark Uyeda has slammed the agency's cryptocurrency policy, calling it a “disaster” for assets like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE). Despite rising criticism, Chairman Gary Gensler remains firm in enforcing the policy.

The official account of Dogecoin on X has published a post with a screenshot of what Elon Musk's new product – Robotaxi – is going to look like from inside marked with a “Tesla-live” signature. This came from a presentation of Tesla's new product – a driverless taxi.

‘Uptober' remained elusive as leading cryptocurrencies stagnated after hotter-than-expected inflation data poured cold water on expectations of further interest rate cuts by the Federal Reserve. Cryptocurrency Gains +/- Price (Recorded at 9:15 p.m.

Dogecoin has experienced a sluggish performance recently, however, historical patterns point to a rally.

Dogecoin is currently testing a crucial demand level after experiencing a 23% decline from its local highs of $0.13. As the meme coin navigates this turning point, the broader crypto market anticipates a potential rally in the coming weeks, driven by the Federal Reserve's recent decision to cut interest rates.

Despite being regarded as a coin with strong potential this market cycle, Dogecoin has seen a notable drop in value. Currently, DOGE is priced at $0.10, marking a 2.50% decline in the past 24 hours.

Cryptocurrency markets are trading lower as Bitcoin ETFs clocked a second consecutive day of outflows on Wednesday while Spot Ethereum flows remaining muted. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $59,579.75 -2.4% Ethereum (CRYPTO: ETH) $2,360.93 -2.3% Solana (CRYPTO: SOL) $137.54 -2.1% Dogecoin (CRYPTO: DOGE) $0.1044 -3.9% Shiba Inu (CRYPTO: SHIB) $0.00001643 -3.4% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 25.7% and daily active addresses falling by 18.8%.

A hotly awaited HBO documentary, “Money Electric: The Bitcoin Mystery,” promised to shed new light on Satoshi Nakamoto's identity. The film, created by Cullen Hoback, identified former Bitcoin core developer Peter Todd as the premier crypto's elusive inventor.

With meme coins impressive gains, like DOGE and SHIB, investors are on the lookout for the next best meme. After the Dog, can the Cat lead the way, and can the MEW price explode like Dogecoin?

Billy Markus clarified that Peter Todd is an "OG core dev" but not the creator of Bitcoin.

According to important on-chain metrics, Dogecoin has been exhibiting indications of possible bullish momentum lately. There are not many big selling clusters in the near future that could open the door for swift upward movement, according to the Global In/Out of the Money indicator.

Although data shows Dogecoin (DOGE) dropped by 2.59%, trading at $0.1063, the popular meme cryptocurrency has hidden bullish potential. Within the past 24 hours, DOGE has soared in market volume, climbing 22.78%.

The price of Dogecoin (DOGE) has fallen between moving average lines since October 1. The negative trend was halted by the 50-day SMA.

The cryptocurrency market has witnessed a notable decline in the prices of popular meme coins Shiba Inu (SHIB) and Dogecoin (DOGE). Over the last 24 hours, SHIB has decreased by 3.72% and is now valued at $0.000016, while DOGE has fallen by 2.5% and is currently priced at $0.106.

A Tesla Inc (NYSE:TSLA) Cybertruck owner has turned heads by wrapping the electric pickup in a design featuring Dogecoin (CRYPTO: DOGE), the cryptocurrency inspired by internet memes and known for its Shiba Inu dog logo. What Happened: Chris, who goes by “Doge Tipping” on social media platform X, told Tesla Owners Silicon Valley that the combination of two popular internet phenomena – the Cybertruck and the “doge” meme – inspired his unique vehicle wrap.

Billy Markus reiterates that it is not Peter Todd as the HBO documentary claims.

Crypto analyst James has compared Dogecoin (DOGE) and Bitcoin (BTC) and provided insights into what to expect from these major cryptocurrencies in this market cycle. Based on his analysis, the foremost meme coin will likely outperform the flagship cryptocurrency in this bull run.

The new HBO documentary “Money Electric: The Bitcoin Mystery,” which aired on October 8, has ignited intense debate within the crypto community. The film suggests that Canadian Bitcoin developer Peter Todd is Satoshi Nakamoto.

The price chart of Shiba Inu has formed a symmetrical triangle, signifying a period of consolidation. Volume has been gradually declining as the price has stabilized, as the volume profile shows.

On Wednesday, the crypto market experienced a sudden wave of selling pressure as Bitcoin headed for the $60k breakdown. While most major altcoins followed this downward momentum, Dogecoin showed resilience, posting a 0.4% intraday gain.

The Dogecoin price could soon witness another price rally following a recent accumulation trend from crypto whales. Onchain data shows that these whales have bought billions of DOGE tokens in the last week, which could trigger a price surge for the foremost meme coin.