A widely followed X personality on Monday drew attention to a potential surge in Dogecoin's (CRYPTO: DOGE) price following the upcoming presidential inauguration. What Happened: Cephii, a strong backer of the world's largest meme coin, highlighted the historical pattern of Dogecoin's spike post-presidential inauguration.
Dogecoin started a fresh increase above the $0.350 zone against the US Dollar. DOGE is now consolidating and might climb further if it clears the $0.3650 resistance.
Cryptocurrencies crawled back on Tuesday as Bitcoin climbed from $88,000 to almost $97,000 ahead of the US inflation report. Pepe coin price also rose, as one crypto analyst predicted more gains that could see it flip Shiba Inu to become the second-biggest meme coin.
According to Cephii, a crypto analyst on X (formerly Twitter), the current Dogecoin price action mirrors the 2021 election inauguration pattern, signaling a potential price surge to new ATHs on the horizon. Despite declining by more than 10% in one week, the Dogecoin price continues to strengthen amidst bearish conditions.
With its price falling below the crucial 200 EMA, Shiba Inu has had a wild ride lately. Traders were alerted by this move because it implied a possible move into bearish territory.
Traders must be cautious - The CMF showed that capital flows were slightly negative.
The selloff in stocks and cryptocurrencies could mean Donald Trump's inauguration will less likely be a sell the news event, K33 Research said.
A widely followed cryptocurrency trader is warning that several large-cap memecoins are printing bearish price patterns. The trader pseudonymously known as Altcoin Sherpa tells his 239,100 followers on the social media platform X that memecoins like Pepe (PEPE), Bonk (BONK) and dogwifhat (WIF) are printing lower highs and lower lows on their price charts.
Crypto analyst Kevin (@Kev_Capital_TA) has outlined a bullish case for the Dogecoin price while identifying a final price target of $1.30, but under specific market conditions. In his technical analysis shared on X (formerly Twitter), Kevin emphasized the importance of a critical support level and a bullish pattern currently shaping Dogecoin's price trajectory.
Cryptocurrency markets are seeing gains across the board despite ongoing ETF outflows, indicating underlying strength in the market. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $96,344.48 +4.7% Ethereum (CRYPTO: ETH) $3,201.80 +6.2% Solana (CRYPTO: SOL) $186.30 +5.2% XRP (CRYPTO: XRP) $2.65 +7.9% Dogecoin (CRYPTO: DOGE) $0.3527 +8.6% Shiba Inu (CRYPTO: SHIB) $0.00002138 +5.5% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 34.7% and daily active addresses up by 4.5%.
A deeper pattern is unfolding. If it repeats, DOGE could be on the verge of a breakout.
Shiba Inu (SHIB) has been consolidating above the critical support level of $0.00002093, struggling to break out and post rallies.
Meme coins have faced intense volatility in the last two weeks. Data from CoinMarketCap shows that the total meme coin market capitalization has fallen below $100 billion, with most of these coins registering double-digit percentage losses in just one week.
Dogecoin, XRP, and Bitcoin have not only rebounded from Monday's plunge but are actually flying higher on Tuesday.
Shiba Inu debuts its reward token TREAT on three major exchanges amid a dramatic 2,229% surge in SHIB burn rate, signaling potential market implications.
Peanut The Squirrel (CRYPTO: PNUT) has rebounded with a 22% single-day surge but remains down 47% on the month, with traders questioning its near-term potential. Cryptocurrency Price Market Cap 24-Hour Trend 24-Hour Trading Volume Peanut The Squirrel (CRYPTO: PNUT) $0.6217 $621.6 million +24.8% $572.8 million Shiba Inu (CRYPTO: SHIB) $0.3519 $51.8 billion +8.1% $371.9 million Dogecoin (CRYPTO: DOGE) $0.00002138 $12.6 billion +4.9% $3.2 billion Pepe (CRYPTO: PEPE) $0.00001724 $7.3 billion +5.3% $874.01 million Trader Notes: Crypto Bull expressed confidence in PNUT, predicting it's time for the meme coin to reach $1 following its Coinbase listing.
Crypto analyst Javon Marks has provided a bullish outlook for Dogecoin, stating that the foremost meme coin has entered another bull phase. The analyst also predicted how high the foremost meme coin could rally in this bull phase.
As the broader cryptocurrency market registers an altcoin rally, Dogecoin (DOGE) has taken a staggering lead. The meme coin has soared past other notable assets like XRP, Solana (SOL) and Cardano (ADA), which have all recorded impressive price upticks in the last 24 hours.
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As Bitcoin (BTC) bounces from the local bottom below $90,000, the cryptocurrency segment is recovering. Top-tier meme coins are recovering faster than their competitors, while some dog-themed cryptos are posting double-digit gains today.
The crypto market trades downward amid rising selling pressure and underwhelming price actions. Like the rest of the market, Cardano (ADA) and Shiba Inu (SHIB) are in bearish zones, sparking concerns. However, IntelMarkets (INTL), a new AI crypto, is on a bullish course.
The price of popular meme-inspired cryptocurrency Shiba Inu (SHIB) may be on the verge of stunning price action in the coming weeks. In particular, as the Bollinger Bands indicate on the weekly price chart of SHIB, the price of the asset found support at a median level, despite a painful sell-off yesterday.
Most of the coins are back in the green zone today, according to CoinStats.
Bulls are back in the game after a few days of the market dropping, according to CoinMarketCap.
Dog-themed meme coin Shiba Inu (SHIB), has seen its Open Interest soar amid the ongoing rebound on the cryptocurrency market. According to CoinGlass data, 18.64 trillion SHIB worth $399.79 million in outstanding derivatives contracts were opened in the last 24 hours.
Analytics X account @spotonchain spread the word about another massive PEPE purchase made on the world's largest crypto exchange Binance several hours ago.
As became known thanks to data from IntoTheBlock, the amount of Shiba Inu (SHIB) tokens outflowing from the wallets of large holders in the past 24 hours skyrocketed by a staggering 475%.
Ondanks dat cryptocurrency-whales PEPE opnieuw accumuleren, blijft de koers dalen. Een recente transactie van 280 miljard tokens door een nieuwe whale onderstreept de hernieuwde interesse.
Dogecoin (DOGE), the meme-inspired cryptocurrency has long been a favorite in the cryptocurrency space, known for its explosive price movements during bull cycles.
Shiba Inu burn rate has surged significantly in the last 24 hours. Over 21 million SHIB tokens have been burned in the last 24 hours, bringing down the circulating supply to create scarcity and mark upticks in price.
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are gaining momentum, trading significantly up on Tuesday morning. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.3475 $51.3 billion +9.7% -10.1% Shiba Inu (CRYPTO: SHIB) $0.00002133 $12.6 billion +6% -10.1% Pepe (CRYPTO: PEPE) $0.00001721 $7.2 billion +6.6% -15.4% Trader Notes: Crypto trader Kevin highlighted that Dogecoin's price action remains strong as long as it holds above $0.26 within its bullish falling channel.
TL;DR The crypto market rebounds significantly, with Bitcoin surging back to $96,000 after a dramatic dip below $90,000. Ethereum and Dogecoin also see impressive gains, with Ethereum climbing to $3,184.61 and Dogecoin rallying over 8.75% to $0.346. The overall crypto market cap rises by 5.40% to $3.32 trillion, fueled by cooling U.S.
A crypto analyst has called the bottom for Pepe (PEPE), the third-largest meme coin by market capitalization. According to the analyst, Pepe hit its lowest price point for this cycle after experiencing a scary market crash that wiped out most of its 2025 gains.
Dogecoin price has shown a strong recovery in the last 24 hours, surging 10% after recent market losses. This rebound follows a challenging week for the cryptocurrency, marking a significant turnaround amid renewed bullish sentiment.
Shiba Inu (SHIB) currently trades at $0.00002148, reflecting a 5.07% rise in the past 24 hours, lifting its market capitalization to $12.65 billion.
On-chain data shows increased whale activity in PEPE token trading, with address "0x8f5" withdrawing $5 million worth of tokens from Binance amid rising trading volume
The altcoin space displayed notable recoveries today as Bitcoin soared past $95K, currently trading at $95,399. While most tokens printed significant movements, Dogecoin and Monero grabbed investor attention with their current performances. Let's find out more. Bitcoin above $95K Bitcoin has regained $95K after plunging beneath $90K on Monday.
Public burn tracker Shibburn has revealed that another large SHIB stash has been transferred to a “virtual furnace” over the past day. The burn rate, respectively, has shown a four-digit rise.
Dogecoin is testing critical $0.30 support amid strong holder accumulation and bullish trader sentiment, with $54 million in exchange outflows and 81.44% of Binance traders holding long positions as the market awaits its next major move.
Shiba Inu price remains steady this week, reflecting the broader crypto market trend. The SHIB is trading above $0.00002, exhibiting sideways movement.
The memecoin industry, led by frog-themed Pepe (PEPE), has been following Bitcoin (BTC) price in a renewed bullish outlook after an impressive rebound in the last 24 hours. The mid-caped memecoin, with a fully diluted valuation of about $7.2 billion and a 24-hour average trading volume of around $1.
Shiba Inu has reversed its trajectory above the 200 EMA at $0.00002082, avoiding a critical breakdown. SHIB has proven resilient after testing this crucial support level and enduring a bearish wave, which is much-needed relief for its investors.
81.44% of top traders on Binance holding long positions, while 18.56% are holding short positions.
Dogecoin's price fell drastically over the 7-day period ending Mon, Jan. 13, posting a 17% loss for the week, from $0.4 to under $0.32.
Solana, Dogecoin, and Worldcoin rebound sharply, but technical analysis suggests risks of dead cat bounces and potential further declines.
Market skepticism is growing as WIF faces challenges from bearish metrics and declining engagement.
PEPE's short-term price action could be dictated by whales. However, not just whales!
FLOKI may have entered a long-term downtrend after the 50-day SMA crossed below the 150-day SMA.