Dogecoin's price drops over 12% in the past 24 hours, hitting $0.34. With the crypto market and US stocks also down, is a bigger crash for DOGE ahead?
The price of Dogecoin (DOGE) has been a real roller coaster ride for all crypto market participants over the past 24 hours. Having lost more than 11% in the moment, DOGE's price action caused more than $35.1 million in liquidation in 24 hours, making the popular meme cryptocurrency one of the leaders in this "unfortunate" indicator.
Meme coins have turned small investments into millions, showcasing their explosive potential but also high risks.
Shibarium aids Shiba Inu's ecosystem with token burns, but SHIB's price continues to struggle.
The crypto market felt the aftershock of the latest 25 bps cut and the Fed's hawkish comments on Bitcoin hurt Bitcoin price and the other altcoins within the market. Seems that the downtrend triggered large whale sell-offs, commonly referred to as whales, in the hope to profit from previous gains.
The cryptocurrency market is experiencing a sell-off, with a staggering $787 million wiped out in crypto liquidations across various digital assets. Among the hardest hit was Dogecoin (DOGE), which saw a loss of $29 million in crypto liquidations, according to CoinGlass data.
‘Dogecoin Killer' Shiba Inu (CRYPTO: SHIB) is expected to see a major rally despite its current stagnation. What Happened: Lookonchain data highlights an early SHIB whale who recently sold 250 billion SHIB (worth $6.05 million) for profit.
The crypto market has turned red, according to CoinStats.
House DOGE Caucus co-chair Rep. Pete Sessions (R-Texas) joins 'Squawk Box' to discuss the latest development on the government funding battle, whether a bipartisan funding bill can be passed to avert a government shutdown, and more.
Shiba Inu ($SHIB) and the family of large-cap doge-themed meme coins have taken some heavy losses over the last 24 hours and over the last week as Web3 investors throw their money into smaller projects, banking on some festive upside. Shiba Inu fell 6.9% overnight and 17.
The Shibburn data tracking platform has revealed that the SHIB community has succeeded in removing SHIB meme coins from circulation. However, there is nuance with this massive burn that does not make it look that good.
As the crypto market braces up for a new bullish rally in 2025, analysts are focusing on high-performing assets that could lead the charge. Among these, Dogecoin stands out as a contender with growing mainstream adoption and a loyal investor base.
Dogecoin (DOGE) has been a favorite crypto coin, driven by a strong community, Elon Musk's vocal support, and its potential role in blockchain-based payments. Recently, the Presidential election has fueled speculation about Musk integrating DOGE into platforms like X (formerly Twitter), which he owns.
Shiba Inu investors panicked after whales dumped $6 million worth of SHIB, leading to widespread selloffs and liquidations. Analysts now highlight key resistance levels and on-chain activity pointing toward a potential price recovery.
The Federal Reserve's interest rate cut on Wednesday failed to spur the crypto market,, with the market losing about $120 billion within 24 hours of the announcement. Digital asset prices are tethered to the US dollar, and lower interest rates should have ideally swung the momentum towards crypto coins.
A major Shiba Inu whale's sale of 250 billion tokens worth $6.05 million triggered a 22% weekly price decline to $0.0000241, while maintaining strong community support and technical possibilities for recovery.
According to the analytics X account @Spotonchain, earlier today, two staggering amounts of Shiba Inu meme coins were sold.
There was a notable sell-off in the last hour as a Shiba Inu whale recently liquidated 250 billion SHIB worth $6.05 million. With a mere $3,800, this whale made its first foray into the SHIB market on Aug. 6, 2020, purchasing an incredible 15.28 trillion SHIB, which reached its peak value of $1.22 billion.
Digital assets witness a bloodbath as prices slump following the US Fed's hawkish signals. While enthusiasts exit meme Dogecoin and PEPE, the focus has switched to iDEGEN – a crypto project born by AI and raised by crypto degens.
The memecoin community asks the ‘DOGE Father' Elon Musk about his promises for Dogecoin (DOGE) after Trump's election victory. Despite multiple attempts amid the Bitcoin revival, Dogecoin has failed to break from the $0.4 resistance level.
Shiba Inu price fell more than 10% today and 22% in a week, with some early SHIB whales booking profits in meme coins including Shiba Inu coin. As CoinGape warned last week, the price fell to $0.000024 level.
Shiba Inu (SHIB) is proving it's more than just a meme coin, turning heads with an impressive 153.3% price increase over the past year. Recently a savvy Shiba Inu whale has reportedly sold 250 billion SHIB tokens worth $6.05 million in the past few hours, reflecting an overall profit of $109 million.
After the US Federal Reserve announced a 25 bps rate cut on Wednesday, the Bitcoin price came crashing under the $100K level to trigger the broader crypto market crash. The selling pressure was a reaction to the Fed's future monetary policy guidance for 2025 and coming years.
Bitcoin, XRP and Dogecoin saw sharp declines following the Federal Reserve's announcement of a rate cut on Dec. 18, 2024.
According to new reports, Dogecoin's market sentiment has plummeted significantly, turning negative once again as its price consolidates. This bearish trend raises the question of whether it is time for investors to buy or sell off their DOGE tokens to avoid future losses.
Shibarium Trustwatch sounded the alarm again: here's the latest threat for SHIB users.
After an explosive rally, the Dogecoin price consolidated between $0.35 and $0.47, which saw it gain 78% in a month. This has prompted ADA holders to join PropiChain's (PCHAIN) token presale to capitalize on its potential for huge profits in 2025.
The Dogecoin (DOGE) price appears primed for a significant bullish reversal, supported by technical indicators and market sentiment data. Despite recent downward pressures, several factors suggest a potential upward trajectory for the popular memecoin.
The Dogecoin (DOGE) price took a beating on Wednesday, dumping one 9% as risk assets slumped across the board following a more hawkish than expected policy announcement from the US Federal Reserve. The post Dogecoin Bulls Hold $0.35 Support Level – When Will DOGE Hit $1? appeared first on Cryptonews.
Bitcoin's New Year rally has stalled, prompting concerns about whether the bullish momentum is weakening. According to the given chart, Bitcoin is currently trading at $104,899, a 1.21% decrease after retracing slightly after reaching $106,214.
Dogecoin traders saw $13.88 million liquidated within 24 hours, with long positions dominating the imbalance at 92%, marking a significant market anomaly tied to overleveraged trading during volatile price swings. Dogecoin Market Faces Suspicious Activity There has been suspicious behavior in the Dogecoin (DOGE) market.
The Shiba Inu (SHIB) price dumped around 7% on Wednesday as meme coins took a beating in wake of a hawkish Fed policy announcement that dented sentiment across financial markets. The post Shiba Inu Price Dumps 7% After Fed Announcement – Meme Coin Market Crash Incoming? appeared first on Cryptonews.
Dogecoin market sentiment turns bearish as investors get impatient with DOGE's sustained consolidation.
Cryptocurrency markets are trading lower on Wednesday despite the Federal Reserve announcing a 0.25% rate cut in its latest FOMC meet. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $102,173.74 -3.9% Ethereum (CRYPTO: ETH) $3,714.81 -5.5% Solana (CRYPTO: SOL) $210.29 -7.3% XRP (CRYPTO: XRP) $2.36 -9.3% Dogecoin (CRYPTO: DOGE) $0.3654 -8.4% Shiba Inu (CRYPTO: SHIB) $0.00002458 -8.2% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 3.4% and daily active addresses falling by 12.8%.
Bitcoin dropped after Federal Reserve Chair Jerome Powell said the central bank would cut interest rates at a slower pace in the new year.
Crypto analyst Lebicahlz has predicted that the Dogecoin price is set to witness a major explosion, which would send it to new all-time highs (ATHs). The analyst also provided price targets that Dogecoin could reach as it rallies to new highs.
Pudgy Penguins (CRYPTO: PENGU) newly launched token has found its way into established media, coinciding with a rally on Wednesday. What Happened: In a FOX Business interview on Tuesday, Robinhood CEO Vlad Tenev expressed skepticism about meme coins, calling them “distractions.
Shiba Inu (SHIB) has seen intense bearish pressure as its price slips below the critical $0.00002631 level. This downward move reflects growing market challenges, with SHIB struggling to maintain its position above the 100-day Simple Moving Average (SMA).
Here's why SHIB may chart additional price decline in the near future.
Bitcoin's pullback after hitting a new all-time high above $108,000 has started a correction in select altcoins, signaling profit booking by the bulls.
Shiba Inu (CRYPTO: SHIB) continues to attract attention as its burn mechanism drives supply reduction, sparking optimism among traders despite subdued broader market activity. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00002566 $15.12 billion -3.1% -11.5% Dogecoin (CRYPTO: DOGE) $0.3849 $56.7 billion -3.1% -7.9% Pepe (CRYPTO: PEPE) $0.00002144 $9 billion -5.6% -14.6% Trader Notes: Crypto trader InvestingHaven outlined their 2025 price forecast for SHIB, suggesting a potential high of $0.0000998 and a low of $0.0000234.
Shiba Inu has tumbled 23 percent, but the tokens key support level at $0.000025 remains intact. Analysts suggest the current correction is creating favorable conditions for a possible bullish recovery.
Anomalous activity has been detected in Dogecoin (DOGE) trading. As became known thanks to data from CoinGlass, derivatives trading with the popular meme cryptocurrency witnessed an abnormal imbalance in the last 24 hours.
The meme coin space is facing a mix of IP disputes and speculative frenzy as community-driven projects like Neiro (CRYPTO: NEIRO) tokens clash over legitimacy, while Fartcoin (CRYPTO: FARTCOIN)—an AI-inspired meme token—surged to a market cap of $763.9 million. What Happened: Own The Doge DAO, the organization holding the original Dogecoin (CRYPTO: DOGE) meme IP, announced that it has acquired the rights to use the likeness of Neiro.
The last few days have been ugly, to say the least, for holders of the popular meme-inspired cryptocurrency Shiba Inu (SHIB). After a huge surge of nearly 100% since the beginning of November, the price of SHIB has dropped nearly 23% in the last nine days and recently hit a major support level at around $0.000025 per token.
Bitcoin (BTC) reached an all-time high for the second consecutive day, going past $108,000 and reaching a peak of $108,286. However, the cryptocurrency declined dramatically after reaching this level and is currently trading below $104,000, down almost 3% over the past 24 hours.
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