Michael McGlone, a chief commodity strategist at Bloomberg Intelligence, has noted increased risks in the crypto market. In his recent statement, McGlone noted that there were “2.4 million so-called cryptocurrencies” in the market, referring to them as “Bitcoin wannabes.
BONK, the popular Solana-based meme coin, is poised for a massive rally as its price action, recent market sentiment, and continuous token accumulation support its bullish outlook. As of today, January 7, 2024, BONK, with all this bullish momentum, has outperformed major meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), and others.
Bitcoin (BTC 3.00%) is climbing again on Monday after MicroStrategy continued its massive buying spree. This time, the company announced another 1,070 Bitcoin acquired over the past week and said it will be raising another $2 billion to buy even more.
Dogecoin (DOGE) is back in the spotlight as leaked code from X (formerly known as Twitter) hints at the imminent launch of its much-anticipated payment system, X Payments.
Dogecoin investors famously clamored for the largest and oldest meme cryptocurrency to skyrocket to a dollar back when it soared in 2021, but bears stopped DOGE's rally dead in its tracks. The canine-themed crypto ended up topping out at just around $0.73 before plunging.
Dogecoin (DOGE) is finally set to hit $1 this year, more than 10 years on from its 2014 launch, according to leading crypto firm Galaxy's latest suite of predictions for 2025. The post Dogecoin to Finally Hit $1 This Year – Analyst Predicts $100 Billion Market Cap Surge appeared first on Cryptonews.
Cryptocurrency markets are trading higher on Monday after MicroStrategy and Metaplanet announced having acquired more BTC. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $101,987.32 +4% Ethereum (CRYPTO: ETH) $3,689.41 +1.4% Solana (CRYPTO: SOL) $220.19 +3.4% XRP (CRYPTO: XRP) $2.43 +1.8% Dogecoin (CRYPTO: DOGE) $0.3895 +1.9% Shiba Inu (CRYPTO: SHIB) $0.00002427 +2.3% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 5.3% and daily active addresses remained flat at 1.25 trillion.
The Dogecoin price could be gearing up for a strong bullish move, as a crypto analyst has identified a recurring pattern in the meme coin's movements. This optimistic outlook on Dogecoin's future trajectory comes after the meme coin experienced a severe price crash of over 46%, pushing it to new lows.
Dogecoin (DOGE), the popular and world's largest meme coin, appears more optimistic in this highly anticipated altcoin season. Experts and analysts believe this bull run will begin following the inauguration of Donald Trump's government, which is scheduled for January 20, 2025.
Back in December 2024, the Dogecoin price entered the Gaussian Channel following a sharp decline in price as Bitcoin suffered multiple crashes. However, even though the entry was triggered by bearish forces, Dogecoin's entry into the Gaussian Channel was bullish and showed a tendency to recover quickly from dips.
Bitcoin (BTC) surpassed the $100,000 psychological barrier for the first time in 2025, rallying to $101,184 at press time.
Vitalik Buterin sold large quantities of 28 different meme coins today, donating the proceeds to his charity, Kanro. In total, the value of these coins amounted to around 984,000 USDC.
Sustained buying by institutional investors pushed Bitcoin above $100,000, opening the doors for a retest of the all-time high.
Dogecoin is already one of 2025's biggest gainers—and a prominent crypto firm believes the meme coin will finally hit $1 this year.
Vitalik Buterin converts unsolicited meme coin holdings into charitable donations, selling 28 different tokens for nearly $1M USDC. The move aligns with his vision of using meme coins for social impact.
Popular analyst Ali Martinez dropped an interesting on-chain revelation regarding major cryptocurrency Dogecoin (DOGE). Thus, citing on-chain data, Martinez underscores increased interest in Dogecoin, with major investors having collectively purchased 140 million DOGE in the past 24 hours.
Dogecoin whales have again echoed a frenzy across the broader crypto landscape on Monday, embarking upon a buying spree. Recent on-chain data indicated that large investors have accumulated 140M DOGE, bringing heightened buying pressure to the asset.
Chief commodity strategist at Bloomberg Intelligence Mike McGlone has published an X post about Bitcoin, Dogecoin and “2.4 million of so-called cryptocurrencies.”
Dogecoin shows mixed signals as Bollinger Bands tighten, MVRV ratio steadies, social volume spikes, and open interest rises, indicating potential bullish momentum.
Dogecoin price made a strong comeback last week after spending about two weeks in a steep consolidation. DOGE has now stalled again near the $0.40 level, but technicals and falling social sentiment score point to a strong rebound.
Rexas Finance is a strong cryptocurrency market contender with immense long-term gain potential. As an innovative real-world assets tokenization project, Rexas Finance wants to reshape the way to obtain important physical things. However, priced at $0.175 in its presale, the token could experience significant growth equal to that of Dogecoin's trajectory by 2025.
Dogecoin (CRYPTO: DOGE) has climbed 20% over the past week, yet trader sentiment remains surprisingly pessimistic. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.3865 $57 billion +0.9% +20.6% Shiba Inu (CRYPTO: SHIB) $0.00002406 $14.2 billion +1.4% +11.4% Pepe (CRYPTO: PEPE) $0.00002069 $8.7 billion +0.04% +11.7% Trader Notes: Crypto chart analyst Ali Martinez pointed out that Dogecoin's weighted social sentiment is at -0.60, reflecting widespread doubt about its upside potential.
Dogecoin and Shiba Inu had a massive run in 2021, where they made millionaires overnight, but for them to repeat such a move they did in 2021, it would require an increase in market cap and a lot of hype, which is almost impossible.
Bitcoin (BTC) has seen a marginal uptick after spending most of the weekend below $98,000. The world's largest cryptocurrency has climbed above $99,000 and is currently trading around $99,100 as bulls set their sights on reclaiming $100,000.
The Dogecoin price might be gearing up for what looks like another notable rally after its recent performance since the beginning of January. Dogecoin, which spent the majority of the last two weeks of December on a decline, has regained momentum this month and is now about to break above the $0.40 mark again.
In 2024, Dogecoin experienced a remarkable 380% surge, with its market capitalization quintupling during the year.
Dogecoin surged over 20% in the past week as whales accumulated more than $6 billion DOGE, driven by strong bullish technical indicators. According to an X post by analyst Ali Martinez, whales reportedly bought over 1.
The speculations over Elon Musk's X payment launch have soared recently, with several renowned figures and influencers have put their bets on it. Amid this, the investors' hope for a potential DOGE rally has also been intensified, as evidenced by the recent comments from the experts.
Dogecoin kicks off 2025 with a massive rally, surging over 16% in a day. Can institutional interest push DOGE to the awaited $1 milestone?
Dogecoin started a fresh increase above the $0.350 zone against the US Dollar. DOGE is now consolidating and might gain traction if it clears the $0.3880 resistance.
Dogecoin surged 21% over the past week, outperforming other major meme coins such as Shiba Inu, Pepe, and Bonk, which rose by 7%, 10%, and 14%, respectively.
Dogecoin memulai tahun baru dengan kenaikan mengesankan sebesar 29% dari level permintaan lokal, menarik perhatian investor dan menunjukkan ketahanan dalam pasar kripto. Sebagai pemimpin koin meme, DOGE saat ini menguji resistensi kritis di sekitar level $0,40, yang dapat menjadi penentu langkah selanjutnya.
This week, Spirit Blockchain Capital unveiled a strategic plan to earn returns on its holdings of dogecoin (DOGE). The firm acquired Dogecoin Portfolio Holdings Corp. last November, aiming to offer exposure to DOGE and committing to digital asset adoption. Spirit Blockchain's Dogecoin Strategy Spirit Blockchain Capital Inc.
The crypto market is in perpetual turmoil, and Dogecoin is one of its protagonists today. Within a week, its price surged by 21%, surpassing competitors like Shiba Inu, Pepe, and Bonk.
Dogecoin, the popular cryptocurrency, has attracted significant attention from investors and analysts alike due to its remarkable performance in recent years. Despite a challenging end to 2024, one expert believes Dogecoin has the potential to reach $1 as it enters what is known as the “Distribution phase.
Top meme cryptocurrency Dogecoin (DOGE) has experienced minor short-term volatility, with on-chain data suggesting growing investor confidence in the token.
A recent forecast by Galaxy Research concludes that Dogecoin (CRYPTO: DOGE) will reach a significant milestone in 2025. The cryptocurrency is expected to surge by over 170% from its current value.
The first weekend of 2025 has been a whirlwind in the world of finance, with cryptocurrencies making significant strides. Bitcoin (CRYPTO: BTC) is inching closer to the $100,000 mark, while Dogecoin has seen a surge, possibly due to Elon Musk's influence.
Dogecoin has kicked off the new year with an impressive 29% rally from local demand levels, captivating investors and signaling its resilience in the crypto market. The meme coin leader is now testing critical resistance around the $0.40 mark, a level that could determine its next move.
Co-led by Elon Musk, the Department of Government Efficiency (DOGE) aims to massively cut U.S. spending under President-elect Donald Trump.
A known cryptocurrency analyst expressed his optimism about the possibility that the popular meme coin, Dogecoin, would reach the much awaited $1 per coin mark. Market analyst Trader Tardigrade believes the $1 mark is still feasible for DOGE's price upswing in four days after welcoming the new year, indicating that the meme coin has entered a bullish period.
Dogecoin jumps 21% as whales accumulate over 1 billion DOGE, with analysts predicting it could hit $1 in 2025.
A house. That's what Billy Markus, also known as Shibetoshi Nakamoto, sees on the horizon if Dogecoin (DOGE) experiences another 500% surge. As one of the creators of the major meme cryptocurrency, Markus knows the currency's unpredictable highs and lows better than most.
XRP has continued to gain steam in South Korea, leaving Bitcoin and Dogecoin behind. The token's performance did not start in the new year, bringing its momentum from last year, when it became the go-to option for South Koreans.
The last day of the week is neutral, according to CoinMarketCap.
Dogecoin may have just proved that it is still worthy of attention in 2025 courtesy of its bullish weekly performance.
Every year-end, some of the top crypto analysts and crypto firms reflect on the industry's performance, and look forward to the next year. Traditionally, crypto's top digital assets, like Dogecoin, are subject to market analysis and price predictions for next year.
The Dogecoin price is showing remarkable strength as it aims to recover and potentially surge to new all-time highs. Prominent crypto analyst Javon Marks has projected that the Dogecoin price recovery could trigger a significant price rally, driving gains of 75% in the short term and an impressive 234% surge in the long term.