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news-imageOctober 31, 2024

Why Is The Dogecoin And Shiba Inu Price Crashing Today?

The Dogecoin and Shiba Inu price have witnessed notable price crashes in the last 24 hours. This development looks to be based on a wave of profit-taking that has followed the recent crypto market rally.
Publisher: Bitcoinist
Sentiment: Negative
DOGE
SHIB

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Positive
cover-imageUToday
October 31, 2024

SHIB Endorsed by Robinhood in Recent Major Tweet

Popular investment platform Robinhood, which also supports cryptocurrencies, including meme coins, has published a history of how various top meme coins emerged, making a particular emphasis on Shiba Inu and Dogecoin – the two largest meme cryptocurrencies in terms of market capitalization value.

Positive
cover-imageUToday
October 31, 2024

6 Trillion Shiba Inu (SHIB) in 24 Hours: October Record Broken

Almost six trillion Shiba Inu tokens were transferred between major wallets in the past day, according to on-chain data indicating a huge increase in large transactions. The SHIB ecosystem is experiencing increased activity, as evidenced by this impressive volume, which set a new October high and points to possible market volatility in the future.

Positive
cover-imageInvezz
October 31, 2024

Dogecoin market dominance tops 1%: Could DOGE price hit $1 this cycle?

The original meme crypto, Dogecoin, has recorded impressive growth lately, capitalizing on improved broad market sentiments and Elon Musk's cryptic advertisements. Dogecoin saw remarkable rallies since mid-October, propelling its market cap well past the $20 billion mark. Notable, Dogecoin's market dominance jumped from mid-October levels of 0.74% to surpass 1%.

Neutral
cover-imageBenzinga
October 31, 2024

Shytoshi Kusama Schools X User Who Said SHIB Will Remain 'Chump Change Meme' Unless It Can Rise Above A Penny: 'Those Who Are Wise Give Us Respect'

Shytoshi Kusama, the leader of the Shiba Inu (CRYPTO: SHIB) ecosystem, expressed frustration over the coin not getting due respect despite impressive gains over the years. What Happened: Kusama was responding to an X post by Nick Tomaino, founder of cryptocurrency-focused fund 1confirmation, who didn't include Shiba Inu on his list of most impactful cryptocurrency projects to date.

Negative
cover-imageTokenpost
October 31, 2024

1.74B DOGE Moves to Robinhood as Whale Transfers Spark Fear of Dogecoin Sell-Off

The price of Dogecoin could face selling pressure after a whale transferred 1.74 billion DOGE to Robinhood in six separate transactions, signaling a possible profit-taking strategy amid the crypto markets latest rally. Potential Sell Pressure Builds After Major Whale Transfer After a whale sent 1.74 billion DOGE ($278 million) to Robinhood, the price of Dogecoin could fall.

Positive
cover-imageUToday
October 31, 2024

Dogecoin (DOGE) Price Explosion: What's Happening? XRP's Weakness Caused by This Factor, Is Ethereum (ETH) Ready to Join Massive Rally?

The price of Dogecoin recently skyrocketed, making headlines as it hit levels not seen in months. Increased attention from well-known individuals and communities that support Dogecoin as a legitimate digital currency, along with renewed market interest and conjecture about its possible applications, appear to have contributed to the meme-inspired cryptocurrency's sharp increase in value.

Positive
cover-imageCrypto Reporter
October 30, 2024

Dogecoin (DOGE) and Litecoin (LTC) Huge Upswings Underway as Bitcoin Crossed $70K – Experts Say to Watch This New Altcoin for a Potential 55X Gain

After several failed attempts, Bitcoin (BTC) finally crossed $71,000—a hair's breadth away from its all-time high of $73,000. With sentiment quickly turning bullish, the overall crypto market is exploding in a matter of time. Top altcoins like Dogecoin (DOGE) and Litecoin (LTC) are cryptos to watch out for.

Neutral
cover-imageBenzinga
October 30, 2024

Bitcoin, Ethereum, Dogecoin Dip After Strong Tuesday—Analysts Predict 'Unprecedented Highs Can Be In Development'

Cryptocurrency markets are trading relatively flat after Bitcoin's run above $71,000. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $71,930.79 -1% Ethereum (CRYPTO: ETH) $2,662.75 -1.3% Solana (CRYPTO: SOL) $174.39 -2.3% Dogecoin (CRYPTO: DOGE) $0.1684 -1.4% Shiba Inu (CRYPTO: SHIB) $0.00001844 -2.3% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 57.6% and daily active addresses growing by 7.8%.

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