Cryptocurrency markets are trading lower as China's stimulus measures came in lower than expected. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $62,017.71 -1.7% Ethereum (CRYPTO: ETH) $2,429.76 -0.09% Solana (CRYPTO: SOL) $142.62 -2.4% Dogecoin (CRYPTO: DOGE) $0.1066 -3% Shiba Inu (CRYPTO: SHIB) $0.00001712 -3.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 81.4% and daily active addresses growing by 15.2%.
Pepe Unchained ($PEPU) continues to strut its stuff in its ICO after hitting the $18 million milestone early Tuesday.
The cryptocurrency market continues displaying a volatile price action by displaying price movements within a short period. Moreover, with Bitcoin failing to hold its price above the $63k mark, the memecoin category has also taken a dip. Top tokens such as Doegcoin (DOGE) continue hovering close to their important support/resistance levels, indicating a mixed-price action.
Two weeks ago, Dogecoin (DOGE) price was $0.13, driving speculation that the meme coins could be circling back to its yearly high. But in the last seven days, Dogecoin's ambitions of hitting that value have been waning as its price decreased by 8.86%.
Here's what signals a possible DOGE resurgence in the short term.
Dogecoin and Shiba Inu prices have crashed again following their recent upward trend, which led to significant price gains. These price crashes are primarily due to the current macro environment and market uncertainty, which don't favor risk assets like these meme coins.
Meme coins remain a vital part of the crypto ecosystem. But new coins pop up almost daily, making it tough to track which ones are worth checking out.
It seems that holders of large positions in the most popular meme cryptocurrency, Dogecoin, are running out of patience, and there are a number of confirmations of this, especially behind the scenes at DOGE.
On-chain analytics platform Lookonchain highlighted traders booking significant profits with Solana (CRYPTO: SOL) meme coin Popcat (CRYPTO: POPCAT), which could go higher still, according to analysts. What Happened: One trader executed eight trades since Aug. 20, all of which have been profitable, resulting in a total profit of over $1 million.
Dogecoin has experienced significant accumulation recently, with large holders adding over 2 billion DOGE tokens valued at $200 million.
An analyst has explained how Dogecoin could currently be gearing up for the next bull run if historical pattern is anything to go by. Dogecoin Has Recently Shown Similar Trend To Past Cycles In a new post on X, analyst Ali Martinez has discussed about how Dogecoin has been forming a familiar pattern in its monthly price recently.
Just recently, an economist predicted that both Dogecoin (DOGE) and Shiba Inu (SHIB) could reach new all-time highs in the upcoming crypto cycle, drawing attention from investors hoping to capitalize on the incoming success. However, while these well-known tokens are expected to make significant gains, this $0.
After turning $1,000 into $1 million with Dogecoin, a rookie trader is setting his sights on RCOF as his next major investment. With predictions of a 12,000x bull run by Q1 2025, RCO Finance (RCOF) is quickly establishing itself as the presale token to watch in Q4 of 2024.
Dogecoin (DOGE) has been a popular topic in the crypto market, but recent trends suggest it will face challenges in reclaiming its all-time high of $0.74. Although Dogecoin has shown resilience, analysts doubt it will surge past this record soon. Meanwhile, a new player, priced under $0.
The price of the OG meme coin Dogecoin (DOGE) has been in limbo for some time now, but the impasse might be nearing its end before the next major rally kicks off.
Dogecoin shows signs of a potential rally as whale activity increases, social interest surges, and analysts predict possible new all-time highs based on historical patterns and technical indicators.
Dogecoin price shows signs of a potential dip before it can continue its uptrend. The recent breakdown of a key support level suggests a further pullback is likely, providing sidelined buyers an opportunity to accumulate DOGE before the dog-themed crypto shoots higher.
Positive sentiment around Dogecoin, the largest meme coin has seen notable growth, with a wave of bullish predictions from several crypto experts about its potential to undergo a major price movement on the upside, possibly to new all-time highs.
As “Uptober” unfolds, retailers have been making their way to the crypto scene, hoping to ride the bullish wave. With a buying spree ongoing, the top favorites among retailers are none other than Binance Coin (BNB), Dogecoin (DOGE) and DTX Exchange (DTX).
Dog-themed meme coin First Neiro On Ethereum (NEIRO) became the market's best-performing cryptocurrency Monday, defying the slump in its sister coin Dogecoin (CRYPTO: DOGE). What happened: NEIRO, named after the newly adopted Shiba Inu pup of the owner of Kabosu, the inspiration behind DOGE and subsequent canine-themed cryptocurrencies, pumped over 19% to become the market's biggest gainer in the last 24 hours.
Tesla and Space X CEO Elon Musk talked about his potential role in the Department of Government Efficiency (DOGE) under a new Donald Trump administration What happened: In an interview with popular media personality Tucker Carlson, Musk explained that the idea behind the so-called DOGE department was to streamline federal spending by overseeing the operations of different agencies. Musk underlined that the U.S. has far too many federal agencies, about 438 in total.
Though the market is currently not as favorable as some traders would like, Ethereum is displaying some strength as it approaches the $2,500 mark. Despite the fact that Ethereum has been rising lately, there are questions about whether there is enough momentum to keep the trend going given the lack of noticeable trading volume.
Dogecoin may be gearing up for a rally with rising development, transactions, and social buzz.
A popular on-chain strategist says the top meme token Dogecoin (DOGE) is seeing an abrupt increase in network activity. Analyst Ali Martinez tells his 73,400 followers on the social media platform X that institutional investors may be behind the sudden rise in large Dogecoin transactions.
Dogecoin is trading critically, and investors are paying attention as this could shape next week's price action. After several weeks of volatile market movements marked by sharp ups and downs, the entire crypto market is at a turning point.
As Pepe holders exit in droves following a weekend pump, predictions suggest that PEPE may underperform going into the final months of the year.
Cryptocurrency markets are trading relatively flat but clinging to the green zone. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $63,031 +0.5% Ethereum (CRYPTO: ETH) $2,432 -0.7% Solana (CRYPTO: SOL) $145.8 -0.02% Dogecoin (CRYPTO: DOGE) $0.11 -1.2% Shiba Inu (CRYPTO: SHIB) $0.00001778 -2.5% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 36% and daily active addresses inching higher by 0.3%.
Crypto analyst Murad Mahmudov predicts a "meme coin super cycle" that could reshape the cryptocurrency landscape in the coming years. What Happened: In a recent podcast, Mahmudov shared his unconventional thesis on why meme coins are poised to outperform traditional crypto assets.
Bitcoin price opened the week with a bang as altcoins and stocks turned green, but $65,000 to $66,500 remains a tall hurdle for BTC to overcome.
As Dogecoin (DOGE) continues to stamp its authority as the apex meme coin, the altcoin recently made a major milestone after breaking out of a downtrend that started in March this year.
Pepe Coin, a popular meme-based cryptocurrency, has bounced back strongly, breaking through key resistance levels. As Bitcoin gears up for its “Uptober” rally, meme coins like Pepe are gaining traction. This has sparked growing interest from big investors (whales).
Pepe (PEPE) has seen a significant price increase following a recent market rebound. The altcoin has surged sharply, reflecting the broader positive trends in the cryptocurrency market.
The Dogecoin price has been consolidating around the $0.1 mark, experiencing notable price fluctuations. Amidst this market volatility, the cryptocurrency displays a unique historical chart pattern that a crypto analyst has deemed bullish.
PEPE could be on the verge of the long-anticipated breakout as bullish momentum builds.
There is a growing shift in the meme coin ecosystem, with new entrants like NEIRO competing with old guards like Dogecoin (DOGE) and Shiba Inu (SHIB). Current liquidation data hints at where most investors' bets are, underscoring why a major flip is likely soon.
A number of attempts to break through the $0.11 mark have been met with rejection for Dogecoin, which has been experiencing strong resistance here. The market seems to be at a turning point as DOGE consolidates following its recent rally.
Amid the ongoing price reversal across the cryptocurrency market, whales shifted their focus to the First Neiro On Ethereum (NEIRO). On October 7, 2024, blockchain transactions tracker Spotonchain made a post on X (previously Twitter) highlighting that NEIRO's largest holder made a big move as he purchased over 1.466 billion of NEIRO tokens worth $1.
In the DeFi space, many people look for projects that could replicate or even surpass the success of top crypto coins. One such project that everyone is talking about right now is DTX Exchange (DTX), a DeFi coin now in phase three of its presale.
Dogecoin (CRYPTO: DOGE) may be gearing up for a breakout soon, defying its recent underperformance against rival meme coins. What Happened: Crypto chart analyst Ali Martinez pointed out how Dogecoin may be repeating history with its "breakout from a multi-year descending triangle, 200% surge, 60% retracement—then a bull run.
On-chain data shows large Dogecoin investors accumulated more than $220 million worth of DOGE last week, the highest since the beginning of this year.
Why are newer memecoins outperforming the original giants like Dogecoin and Shiba Inu?
Dogecoin (DOGE) is showing signs of a significant upward movement, with a recent jump of 1.13%, bringing its trading price to around $0.11. Meanwhile, market analyst Ali Martinez suggests that DOGE is breaking free from a long-standing descending triangle pattern, which could lead to an impressive rally.
On-chain data agency IntoTheBlock has published an important chart, which shows a curve of Dogecoin accumulation by large cryptocurrency holders.
The recent massive Dogecoin whale accumulation has gained notable attention from investors, especially amid a surge in DOGE price. Besides, it also signals a potential breakout ahead for the leading meme coin's price.
Despite shedding over 7 percent last week, Dogecoin (DOGE) price has successfully rebounded from a crucial bullish breakout. The meme lord, with a fully diluted valuation of about $16.
Dogecoin (DOGE) has recently seen a bullish crossover on the Moving Average Convergence Divergence indicator, meaning the token could gain as high as 180% over the next few months. Meanwhile, RCO Finance (RCOF) is set to gain a massive 1,600% before 2024 ends.
PEPE price has faced a challenging week, experiencing a 24% correction that caused the meme coin to fall short of breaching the key resistance at $0.00001146. Despite this setback, increased activity from PEPE whales could be the catalyst needed to turn things around.