Dogecoin (DOGE) has been trading below a key resistance level at $0.143 since October 19, and anticipation is building among investors who believe a breakout may be imminent. The popular memecoin has remained relatively steady, yet this critical level has prevented DOGE from moving significantly higher.
Trump-themed tokens like Maga Memecoin (CRYPTO: TRUMP), MAGA Hat (CRYPTO: MAGA) and Donald Tremp (CRYPTO: TREMP) are rallying in light of Donald Trump‘s surging election odds. What Happened: Coinmarketcap data shows political meme coins approaching a total market capitalization of $700 million, up 11% over the past 24 hours.
As we learned thanks to data from CoinGlass, the volume of cryptocurrency position liquidations on the derivatives market over the last 24 hours totaled more than $111.44 million.
Dogecoin (DOGE), the popular meme coin is poised for an upside rally due to its bullish price action and notable interest from traders and investors. It appears that the sentiment for the meme coin seems to have shifted from a downtrend to an uptrend.
Data shared by the popular tracking platform Shibburn has revealed that the SHIB burn rate has shown an impressive 108% rise recently. However, there is a catch in this good news, despite nearly 100 million SHIB meme coins being torched in total.
On Monday, a Pepe coin whale sold over 1 trillion $PEPE to the Binance crypto exchange. The recent data on the blockchain has raised concerns about the frog meme coin's bearish period.
"Always double-check information and invest wisely," the warning reads.
Shibarium daily transactions have witnessed an 85% crash, while Shiba Inu burns have dropped by 78%. This has raised concerns in the SHIB community, considering the impact they have on the Shiba Inu price.
The price of Dogecoin (DOGE) has been injected with bullish momentum. It has started to move to the next highs after a health correction last week.
October has yet to live up to its historically bullish nature on the broader cryptocurrency market. Bitcoin and most altcoins have fluctuated in price as market volatility prevented consistency in price growth.
PEPE has risen by 0.5% in the past 24 hours, yet its trading volume has declined substantially in the past week, pointing to a loss of momentum. The post Is PEPE Losing Steam? Trading Volume Drops 35% as It Struggles to Stay on Top appeared first on Cryptonews.
A 25% price spike or a surge to a massive bull run: what could be next for DOGE?
Bitcoin (BTC) faced a considerable slump on Friday, and registered a low of $65,700 on Saturday as escalating tensions in the Middle East spooked markets. However, it found support at this level and recovered to push back above $67,000.
Meme cryptocurrency Shiba Inu (SHIB) is experiencing short-term price volatility, but an artificial intelligence (AI) tool is forecasting that the token will likely see some stability and rally by the end of 2024.
Shiba Inu (SHIB) price has struggled to break past $0.00001961 since mid-June, with repeated attempts at this resistance level falling short, including another failed attempt in the last seven days.
In a recent tweet, Shiba Inu's pseudonymous marketing lead, Lucie has announced that an important upgrade for Shibarium NFT holders is coming. Now, these holders are going to have enhanced opportunities using their Shiboshi non-fungible tokens.
On Dec. 6, 2013, Dogecoin was created, taking inspiration from the famous Doge meme: an image of a very adorable Shiba Inu dog with multi-colored comic sans text that appears as the dog's "thought bubbles."
Custodia Bank CEO Caitlin Long is urging Elon Musk to take action on his big idea to cut $2 trillion from the U.S. federal budget. Musk made this proposal while speaking at a rally with Donald Trump and other speakers at Madison Square Garden in New York City.
The Global crypto market cap rose by 0.44% to $2.29 trillion today. Uptober disappointed, failing to deliver the expected gains in the crypto market.
Will Solana, XRP, and Shiba Inu drive the next crypto bull run? Get insights on their latest price analysis, resistance levels, and outlook.
Dogecoin (DOGE) is currently in the spotlight amid its ongoing rebound on the market. Per data from CoinMarketCap, Dogecoin has jumped by more than 5% in the past 24 hours, and its price is now pegged at $0.1442.
According to the team, “big things are on the way” for Shiboshis on Shibarium.
Crypto analyst Ali Martinez suggests a 25% rally if DOGE surpasses the $0.143 resistance level, targeting $0.175.
Pepe Coin (PEPE), the frog-themed meme cryptocurrency, has grown remarkably since its April 2023 debut. However, PEPE recently faced a notable dip, losing 13% over the last week and 17% in the past month.
As whale-tier trading volumes have significantly decreased, Shiba Inu is no longer a member of the trillionaire club. This is concerning for the asset's price stability and future growth prospects.
A Pepe Coin whale caused a stir across the broader cryptocurrency market on Monday, heavily offloading PEPE to crypto exchange Binance. Recent on-chain data flagged over 1 trillion coins dumped into the mentioned exchange, raising concerns amid the frog-themed meme coin's bearish run.
The Dogecoin price has experienced a significant surge in the last twenty-four hours. This is again thanks to the world's richest man, Elon Musk, who is known to be a huge supporter of the foremost meme coin.
Goatseus Maximus (GOAT), a new meme coin on the block, has taken the crypto community by storm with its aggressive surge since launching earlier this month. In just two weeks, GOAT skyrocketed from virtually zero to over $900 million in market capitalization, drawing comparisons with last year's memecoin sensation, PEPE.
DOGE's surge came after another interaction by Elon Musk.
Dogecoin price surge in the past hours is making headlines, fueled by positive market activity and bullish technical signals. Is DOGE on the verge of a major rally?
Technical analysis shows Shiba Inu forming a potential reversal pattern at $0.00001690 with key support levels at $0.00001620 and $0.00001294, while maintaining a 97% price correlation with Dogecoin.
Today, serial tech entrepreneur and Tesla CEO Elon Musk, who is also well known for his love of Dogecoin and memes, published a post where he combined those two things.
Shibarium stunned many observers with its massive transaction count blowout last week. At its peak, the Ethereum-based layer-2 scaling solution saw its transaction count jump as high as 4.77 million, a new yearly high for the protocol.
With the crypto market witnessing a roller coaster ride last week, the meme coins, volatile as ever, mark quick turns. The biggest meme coin, per market cap, Dogecoin (DOGE) price volatility increases but remains positive with the 30D gains at 15.66%.
Dogecoin shows strengthening market position with increased whale accumulation, surging trading volume, and technical indicators suggesting potential upward movement as price tests key $0.143 resistance level.
Dogecoin's breakout above $0.14789 has sparked renewed bullish sentiment, with indicators pointing to upward momentum.
Custodia Bank CEO Caitlin Long shares her recommendations to Department of Govt Efficiency (DOGE) as Elon Musk proposes to cut at least $2 trillion from the U.S. federal budget. Musk joined Republican presidential candidate Donald Trump and roughly two dozen other speakers during the rally at the Madison Square Garden in New York City.
The Shiba Inu community has once again taken the broader crypto industry by storm, revealing plans for a major update on Monday. Notably, the meme coin's team is preparing a strategic upgrade for Shiboshis on Shibarium, as revealed by the coin's marketing lead recently.
The anticipation around Shiba Inu price is reaching a fever pitch as the meme coin nears a breakout. A top analyst has warned of a massive surge in SHIB price.
The cryptocurrency market is in a steady position, with a modest rise of 0.52% over the past 24 hours to claim a $2.29 trillion market cap. The market sentiment displayed a neutral score of 54 on the Fear & Greed Index. Successively, the 24-hour trading volume rose by 4.26% to $49.81 billion.
Amid the broader market uncertainty, altcoins have been facing a steeper correction recently. However, some sectorial bets like Dogecoin (DOGE), Ethereum (ETH), and Polygon (POL) could be gearing for a strong rally ahead this week.
Amid a steep market decline driven by macroeconomic and geopolitical strains, Shiba Inus SHIB token maintained its resilience, nearing the coveted Golden Cross. With bullish support at key price levels, SHIB shows potential for a remarkable comeback in the crypto market.
Dogecoin co-founder Billy Markus called the Biden administrations DOJ actions against Elon Musk and Donald Trump dictatorial, accusing officials of weaponizing legal powers to silence political opponents. Markuss remarks follow Kamala Harriss recent statements, which drew criticism from figures like Cardanos Charles Hoskinson.
The recent plunging sentiment in the market had alerted the majority of crypto investors about the potential crash, but there was only so much traders could do about their investments in a short time span.
Pepe has experienced price struggles and reduced user engagement, yet its expanding holder base signals confidence in its long-term potential.
The crypto prices today have sparked investor speculations globally, illustrating mixed actions. Bitcoin (BTC) price gained to rest at the $67K level today, whereas Ethereum (ETH) and XRP moved along the red territory.
Dog-themed cryptocurrencies Dogecoin and First Neiro On Ethereum, bounded together by a "familial" connection, led the meme coin rally Sunday. What happened: NEIRO, named after the newly adopted Shiba Inu pup of the owner of Kabosu, which in turn was the inspiration for Dogecoin, pumped over 6% in the last 24 hours.