Dogecoin, which was formerly favored by social media influencers and regular investors, has been having difficulty sustaining a significant rebound, which has prompted a negative reaction in the communtiy. Notable people like Elon Musk have occasionally endorsed Dogecoin, but the cryptocurrency has not taken off as it once did.
In response to an infographic showing the largest holders of Bitcoin (BTC), Dogecoin cofounder Billy Markus, aka Shibetoshi Nakamoto, compared his DOGE holdings to how much Satoshi Nakamoto, the creator of Bitcoin, reportedly owns in BTC.
XRP started to rise on Thursday after investment fund Grayscale launched a professional fund that holds the token in the U.S., while DOGE gained on no apparent catalyst.
Dogecoin (DOGE), the beloved meme coin that skyrocketed to fame with the backing of Elon Musk and an enthusiastic community, is once again seeing significant whale activity. This time, however, a new player has entered the stage—GoodEgg (GEGG), an A.I-driven dating cryptocurrency platform that is positioned to cause a major market disruption.
Dogecoin (DOGE) has long been a favorite among meme coin enthusiasts and crypto whales, thanks to its massive community and frequent endorsements from figures like Elon Musk.
PEPE seemed well positioned to outperform SHIB and DOGE if the market rebounds.
Dogecoin's price increased following Elon Musk's subtle reference on social media, potentially setting up for further gains if a bullish chart pattern plays out.
Dogecoin (DOGE), the leading meme coin in the crypto sphere, witnessed a notable uptick on Thursday, propelled by the influential backing of Tesla and SpaceX tycoon Elon Musk, a longstanding advocate of the digital asset. Musk once again showcased his support for Dogecoin through a cleverly crafted social media post, triggering a surge in the token's value and stirring reactions across the cryptocurrency community.
Dogecoin has been enjoying positive money flow for the last 2 weeks. Is this good news?
Influential economist Peter Schiff reshared a post by pseudonymous X user DogeDesigner about the escalating national debt crisis in the U.S. What Happened: A popular member of the cryptocurrency fraternity who also works as a graphic designer in the Dogecoin (CRYTPO: DOGE) ecosystem, DogeDesigner pointed out that the interest on U.S. debt has crossed $1 trillion for the first time, citing a report by the Treasury Department. He added that interest payments on debt have reached a staggering $1.05 trillion in the first 11 months of the fiscal year, marking a 30% increase from the previous year.
Leading cryptocurrencies remained choppy on Thursday as the countdown to the widely anticipated interest rate cut began.
A significant price test for Bitcoin is coming up and could reveal the direction of the market in the near future. BTC is getting close to the 200 EMA, a crucial technical level that frequently acts as a barrier between bullish and bearish market sentiment, as can be seen on the provided chart.
The leading meme coin Dogecoin has been on the investors' radar lately, as evidenced by the soaring hype over the crypto. However, despite the hype, the crypto has witnessed gloomy trading lately, dropping more than 54% from its yearly high of $0.2266 noted in March end.
The Cardano (ADA) blockchain has seen a notable rise in transactions since the early September Chang hard fork. The network growth has contributed to a gain in ADA price as the coin has emerged among the top performers in the last 24 hours.
Cryptocurrency markets are slightly up as markets are trying to assess the chances of a rate cut next Wednesday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $58,420.94 +1.7% Ethereum (CRYPTO: ETH) $2,354.98 +0.9% Solana (CRYPTO: SOL) $135.52 +2.8% Dogecoin (CRYPTO: DOGE) $0.1021 +0.8% Shiba Inu (CRYPTO: SHIB) $0.00001334 +0.7% Notable Statistics: IntoTheBlock data shows Bitcoin's large transaction volume dropped by 11%, while daily active addresses saw a 7% drop.
An analysis by the on-chain analytics platform Santiment recently revealed the current sentiment in the Dogecoin (DOGE) and Shiba Inu (SHIB) ecosystems. This has also provided insights into the future trajectory of these meme coins, as a rebound could be imminent.
Something strange has been happening with Dogecoin (DOGE) over the past 24 hours. According to IntoTheBlock, the number of large transactions in the meme coin jumped from 571 to 717.
The broader digital currency ecosystem is recovering as the combined crypto market cap jumped by more than 2.35% to $2.04 trillion. Besides Bitcoin (BTC) and Ethereum, among the major altcoin beneficiaries of this rally are XRP, Dogecoin (DOGE) and Tron (TRX).
The prices of Dogecoin, Shiba Inu, and PEPE have been on the come-up as the Bitcoin price has recovered. However, at this time, all of their profitability levels remain different, meaning investors in these meme coins are seeing varying levels of profit and losses.
Elon Musk has made another post referencing Dogecoin (DOGE), but the market reaction has been subdued. Social activity surrounding DOGE has noticeably declined, indicating the post has not triggered much discussion.
Over the past 24 hours, the Dogecoin price has managed to reclaim the $0.10 mark, propelled by a 1.84% increase. Although, it appears that Dogecoin is at a crossroads.
Elon Musk, the billionaire founder of Tesla and SpaceX, has long been a supporter of Dogecoin, a meme-based cryptocurrency. His frequent promotion of Dogecoin has often led to price surges. Recently, Musk has expressed interest in leading a potential “Department of Government Efficiency” (D.O.G.E) under former President Donald Trump's administration, should Trump be re-elected.
Dogecoin (CRYPTO: DOGE) is up 4.7% over the past week, but technical analysis shows reason for concern for the apex meme coin. What Happened: Tesla CEO Elon Musk once again teased the Dogecoin community on Thursday by using the DOGE acronym in a tweet.
Whales have started accumulating Dogecoin as bullish on-chain signals surfaced for the largest meme coin. According to data provided by IntoTheBlock, the Dogecoin (DOGE) large holders' inflow increased by 970% on Sept.
As the crypto market fluctuates, market players seek signals to guide their next moves. Based on their current technical setups and market dynamics, below are critical predictions for three prominent cryptos: PEPE, Pi, and Litecoin.
BTC is up 3.44%, while Ethereum (ETH) is up nearly 2%, inching toward the $2,400 mark. Other major gainers include Solana (SOL), Toncoin (TON), Ripple (XRP), and Dogecoin (DOGE).
Elon Musk, one of the richest people on Earth and founder of Tesla and SpaceX, once again recently mentioned major popular meme cryptocurrency Dogecoin (DOGE). And once again, he did it in an unusual manner.
Glauber Contessoto, popularly known as SlumDOGE Millionaire, projected Neiro as the next major smash in the dog-themed memecoin arena amid the cryptocurrency's upswing on the price charts. What Happened: In an X post on Wednesday, the popular trader expressed confidence that NEIRO would unite the communities of the more established memecoins like Dogecoin and Shiba Inu and spearhead the upcoming bull run.
Here's what on-chain data reveals regarding the profitability of the different segments of the Dogecoin, Shiba Inu, and Pepe investors. Dogecoin, Shiba Inu, & Pepe Compared In Terms Of Investor Profits In a new insight post, the on-chain analytics firm Santiment has discussed how the three biggest memecoins in the sector, DOGE, SHIB, and PEPE, have been doing in terms of different indicators.
Leading cryptocurrencies were little changed Wednesday overnight as higher-than-expected core inflation data weighed on investors' decisions. Cryptocurrency Gains +/- Price (Recorded at 8.30 p.m.
Cryptocurrency markets are trading relatively flat in the aftermath of the presidential debate that was widely seen as a win for Vice President Harris. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $57,574.94 -0.2% Ethereum (CRYPTO: ETH) $2,338.86 -1.3% Solana (CRYPTO: SOL) $132.39 -3.5% Dogecoin (CRYPTO: DOGE) $0.1016 -1.3% Shiba Inu (CRYPTO: SHIB) $0.00001329 -2.3% Notable Statistics: IntoTheBlock data shows an increase of 58.2% in large transaction volume and 158.9% surge in exchanges netflows.
Bitcoin recovered sharply from its intraday low, but holding these gains will determine whether bulls and dip buyers are ready to fight for a stronger trend reversal.
As market sentiment swings sideways, two subtle but important metrics signal a potential drop in the price of Dogecoin (DOGE). Last month, DOGE hit $0.11.
Dogecoin (DOGE) finally recovered above the psychological price of $0.1, providing a bullish outlook for the foremost meme coin. Dogecoin's price recovery is thanks to several factors, including the recent bounce from the flagship crypto, Bitcoin (BTC).
Sellers are back in the game as the rates of most of the coins are in the red zone, according to CoinMarketCap.
Dogecoin (DOGE) has seen a noticeable uptick in the past 24 hours, jumping by over 4%, thanks to increased whale activity and favorable market conditions. However, as Mpeppe (MPEPE) continues to win in the world of crypto gambling, investors are starting to wonder: Can Dogecoin (DOGE) keep pace with the innovative features and growth potential offered by the new gambling-focused token, Mpeppe (MPEPE)?
The crypto market is drowning in FUD sentiment, and that presents a huge task for Dogecoin price. But there could be a way around it.
The possibility of a Dogecoin market reversal has crypto observers interested in the meme coin. While it did record some gains in recent days, CoinCodex's price prediction still projects a 13% decline, which may further drive DOGE to $0.088742 by October 10, 2024.
In the evolving world of cryptocurrencies, meme coins continue to surprise the market with innovative use cases. GoodEgg (GEGG), the first Social-Fi dating coin, has made waves after showcasing its AI-powered dating app.
Dogecoin long-term investors were in losses, but the trend can change in the coming days.
In the rapidly shifting cryptocurrency market, meme coins have a unique ability to capture investor interest, often riding waves of sentiment and social media buzz. Dogecoin has long been the leader of this movement, but with its recent slow growth of 1.79%, investors are left wondering what comes next.
In recent days, GoodEgg (GEGG), a growing meme coin, has experienced a stunning 187% surge, benefiting from a Dogecoin (DOGE) rally fueled by none other than Elon Musk. While Dogecoin climbed by 7% following Musk's latest tweet, GoodEgg seized the moment and skyrocketed, emerging as a standout in the meme coin market.
Elon Musk's favorite cryptocurrency may be making a comeback.
Dogecoin price has been displaying bullish trends lately despite the entire market struggling to get back on its feet, and many are wondering how soon Bitcoin price could resume its rally. This comes amid a high-profile social media exchange between Elon Musk and Taylor Swift has sparked renewed speculation.
Dogecoin, the popular meme-based cryptocurrency, has once again captured public attention in recent days despite the bearish trend gripping the broader crypto market.
Leading cryptocurrencies erased early gains overnight as the asset class didn't come up for discussion in the high-stakes presidential debate between Donald Trump and Kamala Harris. Cryptocurrency Gains +/- Price (Recorded at 9.30 p.m.
As the general cryptocurrency market is witnessing a rebound, assets like Dogecoin, the leading meme coin are attracting strong optimism from the industry as bullish predictions toward the coin's potential in the short term are on the rise.
The recent breakout of Dogecoin has raised expectations for a possible longer-term bull run. With a surge to $0.1040, the price has overcome significant resistance and is gaining momentum back.