Recent price action in the past two days saw the Dogecoin price breaking below supports at both $0.4 and $0.3 in quick succession to eventually reverse after a quick break below $0.27 in the past 24 hours.

Crypto analyst Dima James has again raised the possibility of the Dogecoin price rallying above $10 in this market cycle. The crypto analyst alluded to historical data to show how high DOGE could go in this bull cycle.

As Bitcoin continues to lead the way, could DOGE find its place in a more serious market?

The crypto market shows signs of resurgence, offering investors lucrative opportunities. These four Altcoin to Hold stand out with potential for significant growth before 2025.

Dogecoin (DOGE), the world's largest meme coin, has gained remarkable attention from crypto enthusiasts amid the recent market dip. On December 21, 2024, a prominent crypto expert posted on X (formerly Twitter) that crypto whales have accumulated a significant 250 million DOGE in the past few days.

In a major move, 200 million Dogecoin was recently shifted from an unknown wallet to Binance. According to Whale Alert, "200,000,000 DOGE worth $59,925,858 transferred from unknown wallet to Binance.

Dogecoin price has soared by over 25% in the past 24 hours, emerging as a top gainer following a recent market downturn. This came alongside a general recovery of the cryptocurrency market that saw the coin gain a lot of attention from traders.

Most of the coins have returned to the green zone, according to CoinStats.

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DOGE dumped under $0.27 and XRP went below $2 during the correction.

The crypto market is recovering, with assets like Dogecoin (DOGE) bouncing back from multi-month lows. The Dogecoin price has jumped by 12.67% in 24 hours, pushing the meme coin to the $0.3379 price mark.

Days back, Dogecoin, the largest dog-themed meme coin, witnessed a notable setback, causing a sharp drop in its price to critical support levels. Despite the recent waning performances, several key developments suggest that DOGE might be preparing for its next major rally to new heights in the short term.

Crypto analyst Trader Tardigrade has provided insights into the current Dogecoin price action. The analyst revealed that Dogecoin is currently stuck in a range amid the recent crypto market crash and suggested what could happen if the foremost meme coin breaks out of this range.

While the XRP price is making waves and Dogecoin hype continues to dominate headlines, top crypto traders are quietly shifting their focus to an emerging AI altcoin that's turning heads. WallitIQ (WLTQ), priced at just $0.0243, is capturing serious investor interest with its groundbreaking AI-driven capabilities and skyrocketing growth potential.

The market for Dogecoin (DOGE) is contracting: the memecoin shed more than 25% of its value during the last three days. The broader market is still bearing the brunt of Bitcoin's crash, worrying both investors and speculators.

With the market on the verge of another altcoin season, experts have selected XRP, Dogecoin, and RCO Finance as the top cryptocurrencies vying for the highest ROI by 2025.

Over the past 12 days, Dogecoin (DOGE) has endured a sharp decline, shedding more than 40% of its value. After trading above $0.48 on December 8, the meme-inspired cryptocurrency briefly sank to $0.2638 by December 20, prompting a wave of speculation about its near-term direction.

Dogecoin is at risk of further losses as a whale moved $59 million worth of DOGE to Binance. Analysts highlight $0.20 as a critical support level, citing market corrections and external economic factors as potential triggers.

A widely followed crypto analyst says that one Solana (SOL)-based meme asset with a $1.89 billion market cap is going to zero against Dogecoin (DOGE).

Cryptocurrency markets saw volatile trading on Friday despite growing interest in spot ETFs. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,108.38 +0.3% Ethereum (CRYPTO: ETH) $3,462.57 +2.6% Solana (CRYPTO: SOL) $190.13 -1.3% XRP (CRYPTO: XRP) $2.27 +2.5% Dogecoin (CRYPTO: DOGE) $0.3152 +0.9% Shiba Inu (CRYPTO: SHIB) $0.00002172 +0.5% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 4.6% and daily active addresses falling by 0.3%.

The entire crypto market has been riddled with a notable decline in the past 24 hours, led by Bitcoin's break below the $100,000 price level again. Dogecoin wasn't left out of this decline, which saw its price crashing by almost 15% and eventually reaching below $0.31.

Bitcoin's (CRYPTO: BTC) sell-off on Friday saw prices dip below $93,000, but Bitwise CIO Matt Hougan argues that the current pullback is a “hiccup” rather than a trend reversal. Hougan sees strong underlying factors including regulatory tailwinds, institutional adoption and Bitcoin purchases by governments as structurally bullish factors for Bitcoin.

The crypto markets faced a massive sell-off that began ever since Bitcoin marked the highs at $108,000 a few days ago. However, the top memecoins, Dogecoin & Shiba Inu, had triggered much before the BTC price crash, which suggests the market participants have exited the memecoin space much before and entered the star token.

Bloomberg Senior ETF analyst Eric Balchunas showcased a PR pitch he received on mail, revealing the 20 best-performing meme coins of 2024. What Happened: Balchunas highlighted a list of the top-performing meme coins of 2024, compiled by Kryptocasinos.

A solid recovery in Bitcoin price is a hint that bulls have not given up on BTC and altcoins as they continue to buy dips below key support levels.

The price of the meme-inspired cryptocurrency Dogecoin is down nearly 7% over the last 24-hour period to now stand at $0.31 per DOGE, down from around $0.40 a week ago amid a wider cryptocurrency market downturn.

Dogecoin holders eagerly await Elon Musk, the “Dogefather,” to drive DOGE to $5, but a new contender, Rexas Finance (RXS), priced at just $0.15, is gaining momentum and could hit the mark even faster. With its focus on tokenizing real-world assets, a successful presale raising over $27.

Billy Markus, founder of Dogecoin (DOGE) known on social media as Shibetoshi Nakamoto, dropped a cryptic post on X. The post reflects his reaction to the rapid decline witnessed in the prices of Bitcoin (BTC), Dogecoin (DOGE) and Ethereum (ETH).

Although Shiba Inu and Dogecoin have been capturing headlines for some years, a new contender, PropiChain, is positioning itself as the future of blockchain innovation. Industry analysts predict that PropiChain could soar by 65,000% by January 2025, leaving meme coins like Dogecoin and Shiba Inu in the dust. This surge isn't just speculation.

The Dogecoin price is at risk of more decline following a recent whale movement, which indicates a potential sell-off. The foremost meme coin is already down over 18% in the last 24 hours amid this recent crypto market crash.

Dogecoin (DOGE) price has experienced a sharp reversal after recently surpassing Porsche's market cap earlier this December. Following a strong rally, DOGE is now retracing, correcting 20% in the last 24 hours and nearly 30% over the past seven days.

Dogecoin, which recently peaked locally at around $0.50, has been on a sheer decline, dropping 40%. As the asset tries to hold onto the momentum it acquired earlier in the bull run, the sharp decline indicates strong selling pressure.

Bitcoin, Ethereum, Solana, and XRP are down bad, but Dogecoin is the biggest loser by far in the top 10 coins with a 19% daily dump.

Dogecoin price has broken below a key support level and its key metrics point to an asset primed for more downward pressure.

Dogecoin price has nosedived as a wave of selling intensified in the crypto industry following the highly hawkish Fed decision. Dogecoin (DOGE) has dropped for five consecutive days, reaching its lowest level since Nov. 11.

Dogecoin's (CRYPTO: DOGE) sharp 21% decline has raised alarms among traders and investors, as it struggles to maintain key support levels critical to preventing a further downturn. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.2867 $42.2 billion -21.2% -29.3% Shiba Inu (CRYPTO: SHIB) $0.00001987 $11.7 billion -17.9% -29% Pepe (CRYPTO: PEPE) $0.00001987 $6.5 billion -19.7% -34.5% Trader Notes: Crypto trader Kevin recalled his controversial Nov. 13 prediction that Dogecoin would drop to $0.26–$0.28, which has now come true.

As Bitcoin witnessed a drop of 11.25% in its price, the whole crypto market started bleeding. The memecoin OG, Dogecoin took a severe hit and fell 32% in the last three days. Dogecoin price today is down by 20.70% as compared to the last 24 hours.

The crypto market recorded volatile trading this week, following a robust rally over the past few months. Bitcoin (BTC) and top altcoins like Solana (SOL), XRP, Dogecoin (DOGE), and others have recorded significant gains this year.

Bitcoin Plunges to $93K, Dogecoin Down 27% as Crypto Bloodbath Goes On

Bitcoin (CRYPTO: BTC) on Friday plummeted approximately 10% to a preliminary low of $92,250, influenced by the Federal Reserve's recent “hawkish” 0.25% rate cut and a combination of profit-taking and technical market forces, according to industry experts. Ethereum (CRYPTO: ETH) has followed Bitcoin down, falling 16% to $3,115.

Dogecoin fell 12.4% to $0.31 amid increased trading volume and major exchange outflows following Fed Chair Powell's hawkish comments on inflation, while maintaining its position as the seventh-largest cryptocurrency by market capitalization.

Dogecoin price has faced a sharp decline, decreasing over 25% in the past two days amid ongoing crypto market corrections. The broader cryptocurrency market entered a bearish state following yesterday's FOMC meeting, with BTC falling below $100K.

The crypto market faced a pullback following its recent rally, leading to corrections across altcoins. Meme coins were no exception, though Fartcoin and a few others defied the trend, drawing investor interest due to their unique and absurd appeal.

Billy Markus, one of the two founders of the original meme cryptocurrency Dogecoin launched in 2013, has published a post where he commented on the massive price fall faced by Bitcoin, Ethereum, and Dogecoin, along with the rest of the crypto market over the last 24 hours.

Amid the broader crypto market crash, liquidation numbers soared to more than $1 billion with the Bitcoin price dropping all the way to $95,000 levels. Altcoins like ETH, SOL, DOGE are seeing even greater selling pressure correcting 8-13%.

“We believe the root cause of the morning's crash to be the market's overly bullish positioning,” QCP traders said in a Friday note.

Hackers breached Vivek Ramaswamy's X account to spread false claims about DOGE's collaboration with the stablecoin project USUAL. The post Vivek Ramaswamy's X Account Hacked to Promote DOGE Collaboration With Stablecoin Project appeared first on Cryptonews.