Dog-themed cryptocurrency Dogecoin (DOGE) has seen a price surge of more than 11% in the last day.
The ratio's present price pattern resembles late 2020.
This week, we examine Ethereum, Ripple, Solana, Dogecoin, and SUI in greater detail. Ethereum (ETH) Ethereum closed a great week with a 9% price increase after buyers dominated on Monday.
Elon Musk has proposed establishing a Department of Government Efficiency (D.O.G.E.) under another Trump presidency.
WIF shows bullish potential despite correction, supported by community growth and accumulation.
A widely followed analyst and trader is offering his forecast on three crypto assets. The analyst pseudonymously known as Bluntz tells his 283,900 followers on the social media platform X that Dogecoin (DOGE) is “so close to major breakout” after a brief correction on the two-hour time frame.
The original meme crypto Dogecoin (DOGE) dominates crypto trends as the sector anticipates massive rallies to all-time highs. The altcoin jumped over 10% within the past day, extending last week's over 25% increase. Dogecoin's impressive performance over the past few sessions has sent its market capitalization towards the $20 billion mark, currently at $19,769,737,088.
The price of Bitcoin (BTC) may be up today, but the biggest winner is the original meme coin Dogecoin (DOGE). And the reason, it appears, is self-proclaimed Dogefather Elon Musk.
Dogecoin's price surged 7% after Elon Musk mentioned "D.O.G.E." during a Trump campaign event, referring to a proposed Department of Government Efficiency.
DOGE is among the few altcoins in the green on a daily scale.
Bitcoin (BTC) continued to rise as it edges to $68,000, with the world's largest cryptocurrency up by 0.65% over the past 24 hours. The crypto market had a mixed day, with BTC, Ethereum (ETH), Shiba Inu (SHIB), Dogecoin (DOGE), and Litecoin (LTC) posting gains.
Dogecoin (DOGE) has made headlines this week with a significant 9% increase, pushing its price above $0.13—its highest point since late July.
Musk's political involvement may influence crypto markets and voter dynamics, potentially reshaping campaign strategies and economic policies. The post Dogecoin soars 10% as Elon Musk unveils D.O.G.E initiative in first campaign swing for Trump appeared first on Crypto Briefing.
Dogecoin surges 25%, fueled by Elon Musk's comments and a bullish technical setup, with potential for a 40% rise by the end of 2024.
The memecoin continues to be linked to the CEO of Tesla and SpaceX.
The last time DOGE pumped so high was almost three months ago.
With Elon Musk taking a keen interest in the U.S. presidential elections and supporting Donald Trump, the Dogefather is back in the game. As the recent town hall by Elon Musk gains more views than Kamala Harris' live rally, the sentiments are pretty clear.
The proposed department, abbreviated as D.O.G.E, will seek to make government spending of taxpayer money more efficient while streamlining departments that handle spending.
Someone asked Musk if he would head up a new “Department of Government Efficiency.” Musk responded with a lighthearted grin, “Yeah, Doge.
Dogecoin price is on a tear and just surpassed its previous two-month high following Elon Musk mentioning D.O.G.E on X. The crypto community has caught on and is pushing the narrative, especially after Donald Trump's numbers on the polls increased, suggesting he has higher chances of winning the elections.
Bitcoin and Ethereum continued trading flat even as equities notched fresh record highs. However, Dogecoin moved higher on Thursday.
Elon Musk, CEO of Tesla Inc. and owner of social media platform X, threw his support behind former President Donald Trump during a campaign town hall on Thursday while floating the idea of a new government agency named after a cryptocurrency meme. What Happened: Speaking to voters in suburban Philadelphia, Musk outlined his vision for the “Department of Government Efficiency” popularly called D.O.G.E.
A massive whale purchase of 86.87 million DOGE has spurred a market surge, sending the coins price up 21%. Investor interest grows as bullish momentum continues, with potential gains ahead.
The Dogecoin price is once again gearing up for a significant move to the upside. In a recent price analysis of current price movement and previous price action, an analyst suggested Dogecoin is on track to repeat another parabolic run, potentially sending its price skyrocketing to $10.
The price of a meme-inspired cryptocurrency Dogwifhat ($WIF) could keepon rising in the near future after enduring a slight correction, with a key technical indicator now flashing a buy signal amid a wider cryptocurrency market recovery.
Shiba Inu (SHIB) price forecasts are turning bullish, with one popular TradingView user predicting a stunning 400% surge in the coming months and weeks.
Cryptocurrency markets are trading lower on Thursday, consolidating gains from earlier in the week. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $66,879.97 -1.3% Ethereum (CRYPTO: ETH) $2,583.46 -1.1% Solana (CRYPTO: SOL) $148.51 -3.8% Dogecoin (CRYPTO: DOGE) $0.1213 -4% Shiba Inu (CRYPTO: SHIB) $0.00001767 -5% Notable Statistics: IntoTheBlock data shows Bitcoin large transaction volume decreasing by 14.8% and daily active addresses falling by 20.1%.
Billy Markus reflects on how Dogecoin sparked an unexpected crypto revolution, evolving beyond his wildest dreams.
Dogecoin (DOGE), initially a mere meme, is demonstrating significant market strength once more. On October 16, 2024, the prominent cryptocurrency surged by 16% in the weekly frame, to the delight of investors.
The markets are always buzzing with predictions, and the latest one is turning heads. Dogecoin price, a fan favourite, is expected to rally to $1 before December.
The Dogecoin price has rallied by over 7% in the last 24 hours, outperforming Bitcoin and Shiba Inu. This price rally is primarily thanks to the world's richest man, Elon Musk, who continues to support the foremost meme coin indirectly.
According to a technical indicator, Solana-based meme coin Dogwifhat is gearing up for an upside move. Top analyst Ali Martinez recently shared a bullish perspective for Dogwifhat on social media platform X, with the TD Sequential indicator indicating a buy signal.
After a notable rally of over 26%, the popular Solana-based meme coin, Dogwifhat (WIF), has undergone a price correction but is now poised for a massive upside rally. Additionally, the WIF daily chart supports this positive speculation.
Most coins from the top 10 list are facing a correction, according to CoinMarketCap.
It has come to light, thanks to an observation by prominent crypto analyst Ali Martinez, that popular meme cryptocurrency dogwifhat (WIF), based on Solana, could be forming a rising wedge pattern.
Early Bitcoin adopter Jeremie Davinci has taken to his account on the X social media giant (formerly known as Twitter) to share his take on what he believes meme coins, including flagships Dogecoin and Shiba Inu, can reach in this market cycle in terms of market capitalization value.
The spike in large transactions and exchange inflows suggests that DOGE is in a distribution phase.
Dogecoin (DOGE) price has rallied, but the upside correction has been delayed twice by resistance at $0.13
The most popular meme cryptocurrency, Dogecoin (DOGE), continues to see interesting developments, not only on the price chart but also behind the scenes of the cryptocurrency scene.
Over the past 24 hours, the Dogecoin price has seen somewhat of a cooldown following an explosive 10% surge yesterday, potentially driven by anticipation of a bigger Elon Musk endorsement in the months ahead.
A widely followed analyst and trader is offering his outlook on Bitcoin (BTC) and two memecoins amid a bounce in crypto prices. The analyst pseudonymously known as Bluntz tells his 284,000 followers on the social media platform X that Bitcoin could experience a correction before trending higher.
Dogecoin is on the rampage as the Elon Musk D.O.G.E initiative takes the center stage.
Bitcoin (BTC) briefly climbed to $68,261 as the crypto market remained posted further gains as optimism grows around riskier assets such as cryptocurrencies. BTC bulls are confident the world's largest cryptocurrency will reach a new all-time high, with the US election outcome also set to play a vital role after both candidates spoke in support of crypto.
Billy Markus, known on social media as Shibetoshi Nakamoto, who created the original meme cryptocurrency Dogecoin together with Jackson Palmer in 2013, has published a tweet, mentioning the mysterious Bitcoin creator Satoshi Nakamoto and the HBO documentary about him that came out recently.
Grayscale, a major crypto asset manager, is considering adding Dogecoin to its product lineup, coinciding with increased network activity and a price uptick for the meme-based cryptocurrency.
DogWifHat (WIF) is testing a critical $2.5 support level as analysts observe bullish signals, potentially setting the stage for a rally if current momentum persists.
Dogecoin breaks above $0.12, showing bullish momentum with key resistance levels ahead at $0.1280 and $0.1300.