Dogecoin, the famous meme-based cryptocurrency, is making waves again with two big developments. On one hand, Elon Musk's posts about DOGE are sparking discussions about market influence, while the Dogecoin Foundation is rolling out initiatives to enhance mass adoption.

Dogecoin was one of the best-performing crypto assets following a recent upswing in the general market in the past few weeks. However, considering several indicators and current price action, a correction might be forthcoming for the largest meme coin.

Billionaire and X owner Elon Musk posted a meme depicting Doge today. Although he directly referred to the Department of Government Efficiency, the meme asset Dogecoin also pumped briefly.

On-chain data shows a Dogecoin whale has just transferred a large amount of DOGE to Coinbase, something that could be bearish for the price.

Dogecoin rally reignited optimism with a 25% surge, setting sights on a potential $0.82 breakout.

The Dogecoin Foundation is seeking donors to fuel its Dogebox initiative, with the aim of driving mass adoption.

A crypto strategist is warning that two large-cap altcoins may witness deep corrective moves after massive rallies this month. Crypto trader Credible tells his 473,800 followers on the social media platform X that payments-focused altcoin XRP looks primed for a pullback after completing a five-wave rally on the four-hour chart.

The Sandbox (SAND), a prominent player in the metaverse space, has caught the attention of crypto investors with a significant 53.39% surge over the last 24 hours, pushing its price to $0.6112. This sudden increase in price has been accompanied by an astronomical 557.67% rise in trading volume, now reaching $1.87 billion.

Investor optimism was sparked by Shiba Inu's recent successful breakout from its consolidation phase. Despite this, there has not been a noticeable acceleration in price movement, suggesting that the rally has stalled.

Traders continue to place their bets on Elon Musk's favorite coin: Dogecoin. Open interest for the asset surged to over $4 billion Saturday.

The recent spike in trading activity on Korean exchanges has brought the country and its retail investors to the fore of the crypto industry. Korean Investors Love to Play Big The South Korean cryptocurrency market is once again at the center of global attention with a recent surge in trading activity.

Crypto analyst Master Kenobi has provided a bullish update for the Dogecoin price, predicting that the foremost meme coin can reach as high as $2.8. In his update, the analyst also explained why Dogecoin's outlook is still bullish.

Shytoshi Kusama, the driving force behind Shiba Inu, shared key insights into SHIB burns and the ecosystems future. As burn rates jumped 135% in 24 hours, Kusama stressed the importance of building partnerships to boost Shibariums utility and burn potential.

The Dogecoin (DOGE) price came within just $0.24 of its record high when it $0.48 over the weekend on more teasings from Elon Musk, but some analysts are predicting it could easily eclipse its 2021 high this cycle. The post Dogecoin Price Just $0.24 Shy From An All-Time High, Analysts Predict DOGE Could Reach $2.80 In December appeared first on Cryptonews.

Between November 20 and 23, Dogecoin (DOGE) whales reduced their holdings — the same week the cryptocurrency reached a yearly high. This decrease in exposure caused DOGE's price to dip to $0.36.

Cryptocurrency markets are trading lower on Monday, with Ethereum a notable outperformer. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,748.63 -1.6% Ethereum (CRYPTO: ETH) $3,482.07 +4.7% Solana (CRYPTO: SOL) $240.19 -3.6% Dogecoin (CRYPTO: DOGE) $0.4052 -3.3% Shiba Inu (CRYPTO: SHIB) $0.00002568 +2.8% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 22% and daily active addresses falling by 8.4%.

Dogecoins meteoric rise has Real Visions Raoul Pal calling it harder money than Bitcoin, citing a decade-long 550% outperformance. Pals prediction suggests DOGE might keep surpassing BTC, as analysts speculate even higher targets amid record-breaking gains.

Shiba Inu (CRYPTO: SHIB) has gained traction amid rising burn rates, sparking optimism among technical analysts about bullish momentum for the token. What Happened: According to Shibburn data, the burn rate for SHIB surged by 486.8% over the past day, with 5.9 million SHIB coins permanently removed from circulation.

The DOGE price top could be in, despite constant endorsements from Elon Musk and the general outperformance from most memecoins.

Altcoins like GOAT, SUI, and POPCAT have faced notable shifts in momentum following their recent peaks. GOAT, which hit an all-time high of $1.37, has declined 25.42% over the past week, falling out of the top 10 meme coin rankings.

In recent hours, the meme coin market has experienced increased selling pressure following Bitcoin's drop from its peak. Prices for Pepe and Shiba Inu coins have significantly fallen as both whales and short-term holders have been offloading their holdings, leading to a sharp decrease.

Following a listing on Coinbase, Dogwifhat (CRYPTO: WIF) has been listed for trading by Robinhood Crypto. What Happened: The company announced the listing on its X account on Monday.

The dream of Shiba Inu reaching $0.01 remains one of the most talked-about and debated topics in the cryptocurrency community. While many analysts deem this goal unrealistic, renowned crypto expert Luis Delgado (also known as Del Crxpto) believes that the impossible is indeed possible for Shiba Inu, pointing to several past instances in the crypto market where unexpected price surges occurred.

Bitcoin's failure to cross above $100,000 could extend the current price pullback. The real question is whether or not bulls will buy the dip.

Dogecoin price, a leading meme cryptocurrency, has recently experienced a remarkable surge, drawing significant attention from traders. Over the past week, DOGE has consistently ranked among the top-performing assets, showcasing steady growth.

Shiba Inu lead developer Shytoshi Kusama has addressed inquiries regarding the ambitious goal to burn 99% of the circulating SHIB token supply. Kusama initially engaged with the community by inviting questions for his podcast, stating, “What a topic or question you want to hear answered on my podcast?

Dogecoin's co-creator sees Trump's Department of Government Efficiency as pivotal to avoiding America's financial ruin.

The Sandbox has experienced a strong upswing over the past 24 hours to outperform major coins!

Bitcoin rally stalls as few altcoins lead the day's gains.

In a latest tweet, Raoul Pal, the founder and CEO of Real Vision, has underscored Dogecoin's gains since launch and has made a prediction about DOGE, comparing it to the performance of Bitcoin. He has noted the incredible performance of DOGE which even outperformed Bitcoin in terms of percentage gains since its launch.

The rivalry between meme coins is taking center stage once again. Max, a crypto analyst on X (formerly Twitter), has predicted a substantial price increase for Dogecoin (DOGE) and Pepe (PEPE) in the current bull cycle.

Check out the next potential SHIB targets (according to some popular analysts).

A new report has revealed a startling trend in the cryptocurrency market: 76% of influencers on X (formerly Twitter( promoting meme coins are endorsing tokens that eventually lose nearly all their value. What Happened: The study, by CoinWire, analyzed 1,567 meme coins promoted by 377 influencers, uncovering that two out of three tokens they promoted are now classified as "dead.

Crypto's second biggest meme coin, the $15 billion market cap Shiba Inu ($SHIB), may be on the verge of a blistering bull run, according to CryptoTuber Austin Hilton. The renowned Web3 influencer says growing $SHIB adoption and the potential for further development of Shiba Inu's ecosystem will be key price drivers in the coming months.

Robinhood has thrown its crypto caution out the window following Donald Trump's victory earlier this month, adding yet another meme coin.

Raoul Pal, the founder and CEO of Real Vision, has made a prediction about dog-themed cryptocurrency Dogecoin (DOGE).

Over the course of the last 24 hours, Dogecoin (DOGE) has seen a big jump in on-chain activity, which suggests bullish investor behavior. As the Large Holders Netflow metric from IntoTheBlock shows that there has been a huge 275.54% increase in the amount of DOGE going into the wallets of large holders.

Finance veteran Raoul Pal has suggested that Dogecoin's (DOGE) growth since its launch over a decade ago has elevated it to a ‘harder' form of money than Bitcoin (BTC).

Shiba Inu price has underperformed other popular meme coins in the past few days. SHIB trades at $0.000026 on Monday, where it has been stuck since November 10, as investors anticipate more upside as the burn rate rebounds.

The Sandbox (SAND) doubled its price in a week, while Animoca Brands deposited 26M SAND tokens on Binance in the past 30 days.

Shytoshi Kusama, the pseudonymous lead of the Shiba Inu team, has been debating with SHIB enthusiasts on X and revealing interesting details about his work schedule. He also poured cold water on the idea of some SHIB enthusiasts as to how the SHIB burn mechanism works in reality.

Bitcoin (BTC) stalled after coming within touching distance of $100,000 as the cryptocurrency reached a peak of $99,655 before declining to its current level. BTC is marginally down over the past 24 hours but registered a substantial decline over the weekend and dipped to a low of $95,816 late on Sunday before recovering.

Non-fungible tokens are gradually rebuilding momentum with MANA and SAND now soaring to new weekly highs.

AI forecasts highlight rising stars in crypto, with TON, Dogecoin, and presale sensation Minotaurus poised for significant growth and investor interest. #partnercontent

Recent movements of the Dogecoin price have seen the meme cryptocurrency breaking to the upside of a bull flag pattern. This bull flag pattern took shape during a consolidation that began after the Dogecoin price reached a new yearly high on November 12.

Dogecoin (CRYPTO: DOGE) rallied 17% over the past week, spurred by speculation around Elon Musk's X Payments platform potentially incorporating DOGE. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.4254 $62.5 Billion +2.3% +17% Shiba Inu (CRYPTO: SHIB) $0.00002593 $15.3 Billion +2.7% +5.9% Pepe (CRYPTO: PEPE) $0.0000202 $8.5 Billion +1.5% -3.4% Bitcoin (CRYPTO: BTC) $98,129.53 $1.94 Trillion +0.7% +8.4% Trader Notes: Macro guru Raoul Pal highlighted that Dogecoin has outperformed Bitcoin by surging 550% since its launch, calling it “harder money” in this context and predicting potential continued outperformance.

The Sandbox (SAND) continued its bullish trend, hitting a new yearly high of $0.86 during Monday's early Asian session. However, it has since pulled back by 14%, trading at $0.76 at press time.

The broader crypto market is in unchartered territory, and some Dogecoin (DOGE) whales are potentially looking for an escape route. According to an on-chain transaction spotted by crypto tracker Whale Alert, an anonymous whale just transferred 197,606,395 DOGE to Coinbase exchange.