Neptune Digital Assets disclosed acquiring 1,000,000 DOGE in late December at $0.37, however, Dogecoin price remained steady on this news.

Probably the most popular meme cryptocurrency in the world, Dogecoin (DOGE), is facing a crash that most will not be able to handle. We are talking about the price performance of DOGE, when Bollinger Bands signal a possibility of a 80% drawdown for the meme coin.

The cryptocurrency market has displayed increased uncertainty over the last few days, indicating an increase in the buying-and-selling pressure in the crypto market. With this, the memecoin market has recorded the highest price action with major tokens displaying a constant volatility.

The Algorand Foundation has publicly urged Elon Musk's Department of Government Efficiency (DOGE) to adopt its blockchain for government operations. In a Feb. 4 post on X, the foundation highlighted how Algorand's technology could enhance transparency, particularly in tracking federal expenditures.

Dogecoin price exhibits market volatility as the broader crypto sector struggles to regain momentum. The price chart indicates a fluctuating uptrend, suggesting potential gains.

Dogecoin (DOGE) is experiencing a period of instability. The memecoin is losing ground and is now below $0.30.

In the previous crypto bull market cycle, both Dogecoin (DOGE -0.79%) and Shiba Inu (SHIB 4.44%) were standout performers. They skyrocketed in price in a remarkably short period of time and helped to popularize the idea of investing in meme coins.

Dogecoin's price action has remained muted following Canadian crypto company Neptune Digital Assets' announcement that it had purchased 1 million DOGE in December.

Major cryptocurrencies declined sharply on Tuesday following the announcement of a new regulatory oversight committee, with total market liquidations reaching nearly $485 million in the past 24 hours. Cryptocurrency Gains +/- Price (Recorded at 8.15 p.m.

Neptune Digital Assets Corp., a Canadian blockchain firm, has expanded its crypto holdings by purchasing 1 million Dogecoin (DOGE) at an average price of $0.37 per token. The acquisition, valued at approximately $270,000, was completed on December 27, 2024, as part of Neptunes strategy to diversify its portfolio and manage leverage risk.

Dogecoin is currently at the 200 EMA, a historically significant zone for trend reversals, having reached a critical support level following a protracted decline. Dogecoin has previously used this level as a crucial turning point, making it a critical area where either a significant rebound or additional breakdown may occur.

Crypto analyst TradingShot has identified a pattern on DOGE's chart that shows why a bounce above $0.3 is expected for the Dogecoin price. This provides some optimism regarding the foremost meme coin, which was one of the most affected by the recent downtrend in the crypto market.

The AFL-CIO has sued the US Treasury, alleging it illegally shared sensitive data with Elon Musk's DOGE. The lawsuit claims that millions' personal details, including Social Security numbers and bank info, were disclosed without permission.

Dogecoin price is drawing attention as analysts predict a potential 300% price surge. The cryptocurrency has recently seen increased buying interest, with firms adding DOGE to their holdings.

Canadian firm Neptune Digital Assets announced Tuesday that it bought a trove of Dogecoin alongside its growing corporate stash of Bitcoin.

Investors and traders of Dogecoin have been struck with liquidations following a notable price pullback, triggered by a broader crypto market whirlwind. Dogecoin has dropped below the $0.30 level, finding support at the $0.25 mark.

Cryptocurrency markets are trading lower on reduced volatility on Tuesday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $98,858.48 -2.9% Ethereum (CRYPTO: ETH) $2,747.65 +0.8% Solana (CRYPTO: SOL) $207.51 -2.2% XRP (CRYPTO: XRP) $2.58 -3.1% Dogecoin (CRYPTO: DOGE) $0.2646 -4.6% Shiba Inu (CRYPTO: SHIB) $0.00001571 -2.4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 60.8% and daily active addresses rise by 14.3%.

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are showing steady price action, but on-chain data and technical indicators suggest a massive rally could be on the horizon. Cryptocurrency Price 24-Hour Trend Dogecoin (CRYPTO: DOGE) $0.2636 -5.7% Shiba Inu (CRYPTO: SHIB) $0.00001563 -3.4% Pepe (CRYPTO: PEPE) $0.00001001 -5.0% Trader Notes: Crypto trader Javon Marks predicts that Shiba Inu could surge nearly 10x to $0.0001553.

According to a prominent trader, the Department Of Government Efficiency (D.O.G.E) token is following the typical meme coin trajectory—major rallies followed by deep corrections. What Happened: In a post on X on Tuesday, trader Unipcs highlighted that despite facing heavy criticism after a 90% drop from its $500 million peak, this pattern is normal and D.O.G.E is primed for a comeback.

Neptune Digital Assets Corp., a leading Canadian blockchain company, has announced the acquisition of 20 additional Bitcoin and 1 million Dogecoin.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

Dogecoin (DOGE) could be on the cusp of another massive rally, according to an analysis from technical analyst Kevin (@Kev_Capital_TA). He believes the current correction closely mirrors the pattern that set the stage for DOGE's explosive gains during its previous bull cycle.

Neptune Digital Assets bought 20 more BTC and 1 million Dogecoin in the latest proof of long-term support for the assets.

The publicly traded company plans on accumulating other cryptocurrencies through its Sygnum credit line.

Dogecoin's price action over the past 24 hours has reflected the turbulence sweeping across the broader crypto market. The meme coin suffered a sharp decline on February 3, tumbling by double digits as the market underwent a widespread selloff, triggering mass liquidations across multiple cryptocurrencies.

Two scenarios for DOGE: a quick rally peaking by February's end or a slower climb reaching new highs by mid-April or early May.

A project focused on the meme coin market called the Doge Jones Industrial Average (CRYPTO: DJI) has announced the beta launch of its new DJI App, a self-custody index platform designed for meme coins. The platform, which is now live, enables users to buy, hold,and manage an index of these digital assets directly.

Canadian blockchain company Neptune Digital Assets Corp. purchased 1 million DOGE tokens at the end of last year.

Elon Musk's response to threats against employees associated with DOGE has fueled a surge in Dogecoin's value, pushing the token up by 10%. On Feb. 4, Musk, who leads the Department of Government Efficiency, reacted to a post from the popular Reddit account Reddit Lies.

The latest price analysis by Coinidol.com report, Dogecoin (DOGE) price falls below the support of $0.30.

The market might have found a local bottom by now, according to CoinStats.

Dogecoin is beginning to regain momentum after a sharp drop in the early hours of January 3, a move that liquidated many traders who had been betting on continued upside. This decline wasn't just another pullback, as it marked the most significant Dogecoin price drop in six months.

Explore XRP ETF rumors, DOGE's 18% price drop, and why AI crypto INTL surged 90% as Ripple faces SEC scrutiny—insights on meme coins vs. AI trading innovation.

The lawsuit alleges that the US Treasury violated federal laws by granting DOGE access to sensitive data.

Asset manager Bernstein reports that the market remains pessimistic about the Department of Government Efficiency (DOGE) initiative, expressing doubts about Elon Musk‘s ability to implement significant changes effectively. “The market remains pessimistic on the DOGE hype & believes Elon will struggle to execute anything meaningful,” the report, released on Monday stated.

Dogecoin (DOGE) price, a major meme-based cryptocurrency, experienced a volatile week, plunging 20% at hitting support areas. However, DOGE rebounded as the broader crypto market showed signs of recovery.

Elon Musk's post on law enforcement taking actions against Reddit users targeting DOGE employees sparked a 5% rise in his favorite coin. On Feb.

Elon Musk has established the Department of Government Efficiency (DOGE), claiming $1 billion in daily federal spending cuts while advocating for tax system reform through his platform X.

President Donald Trump's plan to axe the US Department of Education is officially in motion as of today. His right-hand man for the job?

The decision of the President of the United States, Donald Trump, to impose new tariffs has had a significant impact on XRP and Dogecoin.

The US Treasury Department is facing legal action for granting access to sensitive government financial data to Department of Government Efficiency (DOGE) officials, a unit led by billionaire Elon Musk. The lawsuit alleges that Treasury Secretary David Bessent violated federal disclosure laws by allowing DOGE-affiliated individuals to access classified financial records.

Dogecoin (DOGE 2.03%) and Solana (SOL 2.89%) are both cryptocurrencies, but their similarities end there. Whereas one is a serious blockchain with a thriving ecosystem of different projects and a slew of different catalysts in play, the other is the king of meme coins, with little in the way of utility.

The largest federation of unions in the United States, AFL-CIO, has filed a lawsuit against the US Treasury, alleging that the department has illegally shared US citizens' sensitive data with the Department of Government Efficiency, led by the highly influential American business leader Elon Musk.

Popular dog-themed cryptocurrency Dogecoin (CRYPTO: DOGE) resumed its uptrend Monday, igniting a strong wave of optimism among bulls. What happened: Dogecoin was up over 5% in the last 24 hours, recovering from the ‘Black Sunday' crash that eroded 28% of the value of the world's largest meme coin.

Elon Musk's Department of Government Efficiency (DOGE) has recruited a new wave of young engineers, including 23-year-old Indian-origin Akash Bobba, a University of California, Berkeley graduate with a background in artificial intelligence and software development.

Donald Trump's decision to impose tariffs on imports from Canada, Mexico, and China led to a steep drop in bitcoin and broader equity markets on Monday.

The US Treasury was accused of unlawfully allowing Elon Musk and his government efficiency organization access to millions of Americans' personal and financial data.