Dogecoin targets a 45% breakout as the Dogecoin Foundation unveils Dogebox, a global payment initiative. Musk-linked support fuels bullish momentum.
Dogecoin, the famous meme-based cryptocurrency, is making waves again with two big developments. On one hand, Elon Musk's posts about DOGE are sparking discussions about market influence, while the Dogecoin Foundation is rolling out initiatives to enhance mass adoption.
Dogecoin was one of the best-performing crypto assets following a recent upswing in the general market in the past few weeks. However, considering several indicators and current price action, a correction might be forthcoming for the largest meme coin.
Billionaire and X owner Elon Musk posted a meme depicting Doge today. Although he directly referred to the Department of Government Efficiency, the meme asset Dogecoin also pumped briefly.
Dogecoin rally reignited optimism with a 25% surge, setting sights on a potential $0.82 breakout.
The Dogecoin Foundation is seeking donors to fuel its Dogebox initiative, with the aim of driving mass adoption.
A crypto strategist is warning that two large-cap altcoins may witness deep corrective moves after massive rallies this month. Crypto trader Credible tells his 473,800 followers on the social media platform X that payments-focused altcoin XRP looks primed for a pullback after completing a five-wave rally on the four-hour chart.
Traders continue to place their bets on Elon Musk's favorite coin: Dogecoin. Open interest for the asset surged to over $4 billion Saturday.
The recent spike in trading activity on Korean exchanges has brought the country and its retail investors to the fore of the crypto industry. Korean Investors Love to Play Big The South Korean cryptocurrency market is once again at the center of global attention with a recent surge in trading activity.
Crypto analyst Master Kenobi has provided a bullish update for the Dogecoin price, predicting that the foremost meme coin can reach as high as $2.8. In his update, the analyst also explained why Dogecoin's outlook is still bullish.
The Dogecoin (DOGE) price came within just $0.24 of its record high when it $0.48 over the weekend on more teasings from Elon Musk, but some analysts are predicting it could easily eclipse its 2021 high this cycle. The post Dogecoin Price Just $0.24 Shy From An All-Time High, Analysts Predict DOGE Could Reach $2.80 In December appeared first on Cryptonews.
Between November 20 and 23, Dogecoin (DOGE) whales reduced their holdings — the same week the cryptocurrency reached a yearly high. This decrease in exposure caused DOGE's price to dip to $0.36.
Cryptocurrency markets are trading lower on Monday, with Ethereum a notable outperformer. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,748.63 -1.6% Ethereum (CRYPTO: ETH) $3,482.07 +4.7% Solana (CRYPTO: SOL) $240.19 -3.6% Dogecoin (CRYPTO: DOGE) $0.4052 -3.3% Shiba Inu (CRYPTO: SHIB) $0.00002568 +2.8% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 22% and daily active addresses falling by 8.4%.
Dogecoins meteoric rise has Real Visions Raoul Pal calling it harder money than Bitcoin, citing a decade-long 550% outperformance. Pals prediction suggests DOGE might keep surpassing BTC, as analysts speculate even higher targets amid record-breaking gains.
The DOGE price top could be in, despite constant endorsements from Elon Musk and the general outperformance from most memecoins.
Following a listing on Coinbase, Dogwifhat (CRYPTO: WIF) has been listed for trading by Robinhood Crypto. What Happened: The company announced the listing on its X account on Monday.
Bitcoin's failure to cross above $100,000 could extend the current price pullback. The real question is whether or not bulls will buy the dip.
Dogecoin price, a leading meme cryptocurrency, has recently experienced a remarkable surge, drawing significant attention from traders. Over the past week, DOGE has consistently ranked among the top-performing assets, showcasing steady growth.
Dogecoin's co-creator sees Trump's Department of Government Efficiency as pivotal to avoiding America's financial ruin.
In a latest tweet, Raoul Pal, the founder and CEO of Real Vision, has underscored Dogecoin's gains since launch and has made a prediction about DOGE, comparing it to the performance of Bitcoin. He has noted the incredible performance of DOGE which even outperformed Bitcoin in terms of percentage gains since its launch.
The rivalry between meme coins is taking center stage once again. Max, a crypto analyst on X (formerly Twitter), has predicted a substantial price increase for Dogecoin (DOGE) and Pepe (PEPE) in the current bull cycle.
A new report has revealed a startling trend in the cryptocurrency market: 76% of influencers on X (formerly Twitter( promoting meme coins are endorsing tokens that eventually lose nearly all their value. What Happened: The study, by CoinWire, analyzed 1,567 meme coins promoted by 377 influencers, uncovering that two out of three tokens they promoted are now classified as "dead.
Robinhood has thrown its crypto caution out the window following Donald Trump's victory earlier this month, adding yet another meme coin.
Raoul Pal, the founder and CEO of Real Vision, has made a prediction about dog-themed cryptocurrency Dogecoin (DOGE).
Over the course of the last 24 hours, Dogecoin (DOGE) has seen a big jump in on-chain activity, which suggests bullish investor behavior. As the Large Holders Netflow metric from IntoTheBlock shows that there has been a huge 275.54% increase in the amount of DOGE going into the wallets of large holders.
Finance veteran Raoul Pal has suggested that Dogecoin's (DOGE) growth since its launch over a decade ago has elevated it to a ‘harder' form of money than Bitcoin (BTC).
Bitcoin (BTC) stalled after coming within touching distance of $100,000 as the cryptocurrency reached a peak of $99,655 before declining to its current level. BTC is marginally down over the past 24 hours but registered a substantial decline over the weekend and dipped to a low of $95,816 late on Sunday before recovering.
AI forecasts highlight rising stars in crypto, with TON, Dogecoin, and presale sensation Minotaurus poised for significant growth and investor interest. #partnercontent
Recent movements of the Dogecoin price have seen the meme cryptocurrency breaking to the upside of a bull flag pattern. This bull flag pattern took shape during a consolidation that began after the Dogecoin price reached a new yearly high on November 12.
Dogecoin (CRYPTO: DOGE) rallied 17% over the past week, spurred by speculation around Elon Musk's X Payments platform potentially incorporating DOGE. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.4254 $62.5 Billion +2.3% +17% Shiba Inu (CRYPTO: SHIB) $0.00002593 $15.3 Billion +2.7% +5.9% Pepe (CRYPTO: PEPE) $0.0000202 $8.5 Billion +1.5% -3.4% Bitcoin (CRYPTO: BTC) $98,129.53 $1.94 Trillion +0.7% +8.4% Trader Notes: Macro guru Raoul Pal highlighted that Dogecoin has outperformed Bitcoin by surging 550% since its launch, calling it “harder money” in this context and predicting potential continued outperformance.
The broader crypto market is in unchartered territory, and some Dogecoin (DOGE) whales are potentially looking for an escape route. According to an on-chain transaction spotted by crypto tracker Whale Alert, an anonymous whale just transferred 197,606,395 DOGE to Coinbase exchange.
The Dogecoin Foundation, a nonprofit organization developing open-source products for the Dogecoin ecosystem, recently declared an ambitious target for 2025.
Musk's "$" post sparked X Payments rumours, raising hopes for Dogecoin's inclusion. Dogecoin rose 2.3%, up 227% in the past month and 87% in the past week.
Billy Markus, known on social media as Shibetoshi Nakamoto, who created Dogecoin in collaboration with Jackson Palmer in December 2013, continues to issue posts supporting Elon Musk and his ventures.
Rising rapidly, Dogecoin (DOGE) has spurred debates about its ability to recover its all-time high (ATH) of $0.74 and maybe even exceed it. At $0.3862, the live Dogecoin price shows a remarkable 24-hour trading volume of $8.28 billion as of writing. DOGE has jumped by 178.
The broader digital currency ecosystem trends have called for caution among crypto investors as total market liquidation has surpassed the $490 million threshold. According to data from CoinGlass, the total liquidation has impacted over 185 traders as top altcoins Dogecoin (DOGE) and XRP come into focus.
Dogecoin displays bullish technical patterns as analysts project a potential surge to $0.82, while maintaining current support at $0.42 amid strong market indicators and increased institutional interest.
DOGE, XRP and XLM are the most traded cryptocurrencies on Upbit since Donald Trump's election victory. The latest activity points to a pivot toward metaverse tokens.
Dogecoin hit a three-year high of $0.48 on Nov. 23, 2024, fueled by growing speculation around Elon Musk's X platform.
In a new analysis, prominent crypto analyst Miles Deutscher unveiled his thesis on a crypto he believes could rival Dogecoin in this market cycle. With a following of over 550,000 on X and 208,000 YouTube subscribers, Deutscher's insights carry significant weight in the crypto community.
BitMEX founder and crypto veteran Arthur Hayes is laying out bullish outlooks for Bitcoin (BTC), Dogecoin (DOGE) and the broader digital asset market cycle. In a new discussion on the Alpha Only podcast, Hayes says traditional finance (TradFi) firms could be what triggers froth and a subsequent collapse in crypto valuations.
Bitcoin (BTC) experienced a sharp price decline, falling from last week's high of $98,500 to a low of $95,500 during late US trading hours on Sunday. The 3.5% drop marked a technical pullback driven by profit-taking as the token approached the significant $100,000 milestone.
As Bitcoin (BTC) closed the third consecutive week in the price discovery phase, the altcoin space gained significant bullish sentiment. During the past week, the altcoin market – led by Stellar Lumens (XLM), Decentraland (MANA), and The Sandbox (SAND), among others – registered palpable gains.
Bitcoin experienced a significant drop from $98,500 to $95,500 Sunday, triggering a broader market decline. The volatility led to over $500 million in futures liquidations, predominantly affecting smaller altcoins and midcap futures.
The last couple of weeks were extremely bullish for the markets as the star token, Bitcoin, led a steep rise close to $100K. This caused a momental shift in the popular altcoins like Dogecoin, which woke up from a prolonged consolidation and surged above their pivotal resistance.
Last week was another positive period for the Dogecoin price. After concluding the prior week in a phase of consolidation, the meme cryptocurrency carried this trend into the early days of the new week.
As whale activity increases and the price approaches crucial resistance levels, Dogecoin has been garnering a lot of attention. Market conditions point to the potential for another wave that aims for the eagerly awaited $1 mark following a robust rally that lifted the meme coin above $0.5.