Elon Musk is teasing the long-awaited X Payments feature, as Dogecoin enthusiasts hope he builds it around his favorite meme coin.
The market uptrend sparked by Donald Trump's November 5 US presidential election victory has entered its third week. Increased trading activity has pushed many major cryptocurrencies to new all-time highs, while lower-cap tokens have seen sharp value spikes, delivering significant gains to traders.
Cryptocurrency markets are trading higher, with Bitcoin hovering around $100,000 and Jim Cramer suggesting it is “a winner.” Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $99,254.71 +0.88% Ethereum (CRYPTO: ETH) $3,281.28 -2.1% Solana (CRYPTO: SOL) $253.09 -0.8% Dogecoin (CRYPTO: DOGE) $0.3987 +3.7% Shiba Inu (CRYPTO: SHIB) $0.00002463 +0.3% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 47.5% and daily active addresses growing by 27.2%.
The cryptocurrency market is buzzing as spot ETF applications for Solana (SOL), XRP, and Hedera (HBAR) progress, signaling a potential "altcoin season" where investors may expand their focus beyond Bitcoin and Ethereum. The post SOL, XRP, and HBAR To Pump Further As Road to ETFs Opens Up appeared first on Cryptonews.
Bitcoin trades just a few hundred dollars from $100,000. What will altcoins do if the price milestone is hit?
A crypto analyst has drawn a distinct comparison between the Dogecoin and Shiba Inu price movements, noting that the trajectory of both meme coins closely mirrors each other. While he points out these similarities, the analyst has projected the next bullish target for Shiba Inu as its price action shows signs of a potential uptrend.
Crypto analyst Kevin (@Kev_Capital_TA) has identified a bullish pennant formation in the 4-hour Dogecoin / USD price chart, indicating that a significant price movement could occur by this coming Saturday. In a post on X, Kevin remarks: “Dogecoin is now forming a more defined potential bullish pennant that has multiple touch points on each side with plenty of consolidation time.
In this weekly analysis of meme coins, BeInCrypto observed that these tokens experienced mixed results. While some tokens saw gains, others grappled with significant losses.
Dogecoin has a history of moving on Musk comments or payments-related developments of his companies.
Marjorie Taylor Greene has been appointed to lead the DOGE Subcommittee under Trump's new Department of Government Efficiency. Backed by Elon Musk and Vivek Ramaswamy, the initiative aims to reform federal bureaucracy, slash waste, and promote crypto-friendly policies for blockchain advancement. The post Marjorie Taylor Greene to Lead Doge Subcommittee Chair Under Elon Musk, Vivek Ramaswamy appeared first on Cryptonews.
Dogecoin (DOGE) has experienced one of the highest crypto gains in November amid a Donald Trump-led crypto rally. The leading doggy-themed meme coin spiked to a three-year high price of $0.43, particularly due to its unofficial ties with Tesla and SpaceX CEO Elon Musk, who was recently appointed to co-lead a new Federal agency under the Trump administration called the Department of Government Efficiency — yes, the D.O.G.E.
Dogecoin hit its highest price in over a week, but other altcoins are seeing massive gains as Bitcoin approaches the $100,000 milestone.
The burn rate for Shiba Inu ($SHIB) blew up by 2225% on Thursday amidst a surge of interest in meme coins. Shiba Inu tokens, which collectively have a market cap of $14.
TL;DR Hedera (HBAR) gained significant attention during the bullish crypto market of 2021, highlighting its potential as a major player in the blockchain space. Price predictions for HBAR from 2025 to 2035 vary, with some forecasts suggesting substantial growth and high returns, while others indicate periods of stabilization and correction.
Dogecoin has emerged as one of the top performers in the post-election crypto market rally. But can the memecoin demonstrate utility beyond the hype?
Here's the latest achievement of Shibarium.
Popular crypto trader known by the nickname "DonAlt" recently shared an updated outlook on the price performance of two of the most hyped alternative cryptocurrencies right now: Dogecoin (DOGE) and XRP.
Dogecoin price has soared by over 4% with correspondingly massive Open Interest data in connection to Elon Musk's D.O.G.E.
Shiba Inu's daily chart has been consolidating in a triangle pattern, suggesting a possible breakout in the near future. On-chain data does, however, point to a worrying pattern.
This week, we examine Ripple, Cardano, Optimism, Solana, and Dogecoin in greater detail. Ripple (XRP) XRP just had one of the best months in years, and its price increased by 74% this week alone, bringing it close to $1.5.
Bitcoin (BTC) continued towards the $100,000 mark, rising to a new all-time high of $99,314 before declining to its current level of $99,124. BTC is now up 45% since Donald Trump was announced as the winner of the US elections.
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are trading around 3% higher in a single day boosted by the optimism in the cryptocurrency market. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin $0.3923 $57.6 Billion +2.8% +5.3% Shiba Inu $0.00002496 $14.7 Billion +4.2% +3.1% Trader Notes: Analysts see bullish potential for the top two meme coins.
Dogecoin now has a $60B market cap that surpasses some major, established companies—even though it's still 48% below its all-time high! Dogecoin has shown considerable demand over the past two weeks, rising in value by 98%. However, analysts suggest that this momentum could continue, with a long-term price target of up to $2.4.
SHIB is gearing up for a massive bullish breakout as analysts predict a major upside for the altcoin, citing multiple bullish patterns. In a Nov.
Dogecoin has risen by 1.5% in the past 24 hours, with some analysts now predicting that it will reach new all-time highs next year. The post Is Dogecoin Entering A Parabolic Surge? Analysts Predict DOGE Price to Peak Above $20 appeared first on Cryptonews.
Shytoshi Kusama, known in the crypto space as a leading voice in the ecosystem around the Shiba Inu (SHIB) token, made a number of high-profile comments on social network X. The comments touched on both the entire cryptocurrency market and the popular meme-inspired Shiba Inu token in particular.
Dogecoin maintains steady support above $0.380, breaking key technical resistance levels while establishing a strong foundation for potential moves toward the $0.400 price target.
Shiba Inu price continues to consolidate around a key level, but two unique chart patterns point to big a move ahead. If the pattern successfull breaks out SHIB could almost double in value.
Technical analysis reveals a bull pennant formation in Shiba Inu's price action, suggesting potential for a 53% rally to $0.000037 if the $0.000025 resistance level is breached.
Elon Musk has rekindled his influence over the dog-faced meme token following Trump's election win.
Analyst and trader Ali Martinez is leaning bullish on one large-cap crypto asset while offering his insight on Bitcoin (BTC) and two altcoins.
DOGE price eyes a potential breakout ahead, with top experts echoing a similar sentiment for the dog-themed meme coin. For context, in a recent X post, Real Vision CEO and Founder Raoul Pal said that Dogecoin is likely gearing up for a rally ahead.
A hidden Bullish Divergence pattern has just been identified on the Dogecoin price chart, signaling possibilities of a significant uptrend. With this new technical pattern, a crypto analyst has projected a target of $0.7 for the Dogecoin price.
Crypto whales acquired 1.67 trillion SHIB tokens from the exchanges in the past 24 hours.
An analyst has explained how Shiba Inu could kickstart a new rally to this price target if it can break through the $0.000025 resistance level. Shiba Inu Is Currently Trying To Break Past The $0.000025 Resistance In a new post on X, analyst Ali Martinez has discussed a pattern that has been forming in the SHIB price recently.
Shiba Inus supply took a significant hit on November 21, as its burn rate rose 2225% with 14.58 million tokens destroyed. Despite a 2% price decline, market sentiment stays bullish amid monthly gains and favorable on-chain trends.
Dogecoin is consolidating gains above the $0.380 resistance against the US Dollar. DOGE is holding gains and eyeing more upsides above $0.400.
The Dogecoin hash rate has spiked sharply, reaching new all-time highs. This bullish development reflects increasing network activity and miner participation.
Is Shiba Inu's bull flag formation a sign of market confidence or just a temporary spike?
The triangle pattern formation that Shiba Inu is currently showing on its daily chart may pave the way for noteworthy price action. In the case of SHIB, triangle patterns frequently signal a period of consolidation prior to a clear market move, which may provide the groundwork for a robust upward rally.
The much-anticipated major bull run for Dogecoin could be on the horizon as a crypto expert has asserted that DOGE is preparing for its next rally, potentially to a new all-time high. This prediction comes after DOGE's recent upswing in the last few weeks, suggesting a revival of its bullish momentum.
Dogecoin's bubble risk high; potential dip may fuel rise past $0.43.
Dogecoin enthusiasts recently reignited discussions on the meme coin's future after an observation shared on the social media platform X. KrissPax, a Dogecoin enthusiast, highlighted a curious detail that showed that DOGE is the only cryptocurrency currently embedded in the payment code for Tesla's Cybertruck and Model 3 vehicles.
The GMMEME index, which tracks key memecoins such as PEPE, SHIB and DOGE, has surged over 90% in November.
Movements among Dogecoin top holders are reshaping market trends as active addresses hit a record high. This activity reveals critical price levels and potential for volatility, underscoring the influence of large wallet holders on DOGE's trajectory. The post Dogecoin Top Holders With Big Moves, Is This the Next Coin to Go Parabolic? appeared first on Cryptonews.
Crypto analyst MadWhale has provided a bullish outlook for the Dogecoin price. The analyst predicted that the foremost meme coin could witness a significant rally and highlighted support areas that market participants should focus on.
Shiba Inu (SHIB) price has experienced a significant surge this November, riding the wave of a bullish cryptocurrency market trend. The meme coin has demonstrated robust upward momentum, signaling strong potential for continued growth heading into 2024.
Shytoshi Kusama, the pseudonymous lead developer of Shiba Inu, has laid out a strategic plan focused on driving mainstream adoption and enticing centralized exchange (CEX) support for Shibarium, Shiba Inu's Ethereum Layer-2 solution.