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news-imageOctober 7, 2024

Popcat, Dogwifhat Chart Toppers In Memecoin Tsunami; Dogecoin, Shiba Inu Rise As Broader Sentiment Improves

Memecoins erupted Sunday, with major coins topping the daily cryptocurrency gainers list. What happened: Dog-themed token dogwifhat soared more than 16%, becoming the second-best performing cryptocurrency in the last 24 hours.
Publisher: Benzinga
Sentiment: Positive
DOGE
SHIB

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Positive
cover-imageBenzinga
October 7, 2024

Shiba Inu's Shytoshi Kusama Calls This Nation 'Crypto Capital' After It Makes Digital Asset Transactions Tax Free

Shytoshi Kusama, the mysterious lead developer at the helm of the Shiba Inu (CRYPTO: SHIB) ecosystem, praised the UAE administration for exempting cryptocurrency transactions from value-added tax (VAT). What happened: In an X post on Sunday, Kusama responded to news of the exemption with a GIF of Vegeta, a character in the popular anime series Dragon Ball.

Positive
cover-imageUToday
October 7, 2024

Shiba Inu (SHIB) Hiding Enormous Potential, XRP Could Be Back, but There's Catch, Vital Bitcoin (BTC) Moving Averages Cross Coming

With indications of a potential recovery on its price chart, Shiba Inu is subtly setting itself up for a breakout. Now that SHIB is above its 200-day exponential moving average, which is frequently a crucial indicator for a change in market sentiment, it has emerged from a difficult period of consolidation and declining pressure.

Positive
cover-imageCoingape
October 5, 2024

Dogwifhat Price 8% Away From Ending Six-Month Bearish Phase

During the low-volatility Saturday session, the Dogwifhat price dropped by 2.8%, bringing it down to $2.27. The bearish momentum was triggered by the price's ongoing struggle to break through the key resistance trendline of the falling wedge pattern, which has persisted since March 2024.

Positive
cover-imageCoinPedia
October 5, 2024

Dogecoin (DOGE) Reversal Confirmed? Insights from Recent Data

Amid ongoing price reversal, the top meme coin Dogecoin (DOGE) is poised for a significant upside rally as transactions from whales and institutions skyrocket. On October 5, 2024, a prominent crypto expert made a post on X (Previously Twitter) that the number of large Dogecoin transactions on the network continues to rise.

Positive
cover-imageNewsBTC
October 5, 2024

Dogecoin Whales Scoop Up 1 Billion DOGE: Time For Rally To Return?

On-chain data shows the Dogecoin whales have gone on a significant buying spree in the past day, a sign that could be bullish for DOGE's price. Dogecoin Whales Have Purchased Big Over The Last 24 Hours As pointed out by analyst Ali Martinez in a new post on X, the DOGE whales have been participating in net buying recently.

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