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Amid a highly market witnessed recently in light of the U.S. elections, a meme coin diamond-hand trader nabbed substantial market attention by making massive profits. On-chain data on Friday indicated that a trader made nearly $4 million worth of profit trading Department Of Government Efficiency (DOGE) meme token.
Pseudonymous millionaire trader ‘Unipcs,' informally known as ‘BONK Guy,' has been highlighted by on-chain analytics firm Lookonchain for amassing significant gains by investing early in the Department of Government Efficiency (DOGE) and MAGA (CRYPTO: MAGA) meme coins. What Happened: Lookonchain on Friday shared the trader's journey, which saw him investing 235 Ethereum (CRYPTO: ETH), valued at $584,000, when the Musk-themed DOGE — not to be confused with the much bigger and more popular Dogecoin (CRYPTO: DOGE) — traded at a $2.7 million market cap, yielding him 33.35 million DOGE, now worth $4.7 million.
DOGE and XRP were added to Binance Smart Arbitrage during a strong crypto market.
Dogecoin may be up 120% for the year, but is it a good investment?
Dogecoin (DOGE) is maintaining an upward momentum, capitalizing on the impact of the Donald Trump victory with an analyst projecting a parabolic rally for the meme coin.
Bitcoin (BTC) surged to a new all-time high, reaching $76,943, only a couple of days after it smashed its previous all-time high of $76,191, as markets continued their upward trajectory following Donald Trump's victory.
An analyst has pointed out how this price level could end up being the next destination of Dogecoin based on a Descending Triangle pattern. Dogecoin Is Moving Inside A Descending Triangle Right Now In a new post on X, analyst Ali Martinez has talked about a pattern that has recently been forming in the price of Dogecoin.
After the recent rise in the Bitcoin price to new highs, the token, along with the other altcoins, has begun to consolidate. Moreover, the bulls have been fighting with the bears since the last trading day, which may delay the next bullish action.
The world's largest crypto exchange Binance on Friday said it has added XRP and Dogecoin (DOGE) to smart arbitrage offerings. Binance Earn's addition of XRP and DOGE sparked huge speculation for an imminent price rally.
Crypto prices today stirred a whirlpool of speculations among market watchers globally, showcasing mixed price actions. While Bitcoin (BTC) maintained a trading session in the green at the $75K level, altcoins mainly reflected a turbulent market sentiment.
Binance's Smart Arbitrage now supports XRP and DOGE, with a promotional campaign offering 45,000 USDT in rewards. Participants can earn bonus APR and trading fee rebates.
Bitcoin tapped an all-time high, and Ethereum soared as the Federal Reserve's latest quarter-point rate cut boosted market momentum on Thursday. Cryptocurrency Gains +/- Price (Recorded at 7:30 p.m.
A popular crypto strategist is suddenly flipping bullish on an altcoin connected to a viral game on the encrypted messaging platform Telegram. Analyst Ali Martinez tells his 77,300 followers on the social media platform X that Notcoin (NOT) could soar 100% from its current value. “Notcoin is showing a promising risk-to-reward setup.
Crypto analyst Ali Martinez has predicted that the Dogecoin price could rise to $23 in this market cycle. Interestingly, the analyst alluded to the role that the world's richest man, Elon Musk, can play in sparking this price rally.
Dogecoin holders have moved a striking $150 million off exchanges, reducing sell pressure and setting the stage for a potential breakout. With resistance at $0.20 in sight, DOGEs price could surge as whale activity strengthens bullish sentiment.
A crypto analyst has disclosed that the Dogecoin price may be positioning itself for a significant move upward as it approaches a critical weekly close. The question arises as to whether Dogecoin can close the weekly candle above the yellow line.
Dogecoin briefly catches XRP in crypto's global ranks with both above a $30B market cap: has the altcoin season arrived?
The price of Dogecoin has risen by 1% in the past 24 hours and by 3% in the last hour, as veteran trader Peter Brandt predicts that the meme token is on course to break its all-time high. The post Legendary Trader Peter Brandt Calls for Dogecoin New High Soon – $10 Next Target? appeared first on Cryptonews.
In a Trump election win-fueled rally, SPX6900 has emerged as one of the biggest beneficiaries of the boom across the meme coin sector, positioning itself as a frontrunner in the “movement coin” revolution. The post Is This the Next Dogecoin? SPX6900 Explodes with Huge Volume Spike as Meme Coin Mania Takes Off appeared first on Cryptonews.
Crypto assets are poised for bullish upticks after the United States election. The crypto market projects Trump's win to spark an upward drive in Bitcoin, altcoins, and meme coins.
Speculation about Donald Trump's return to the White House and Elon Musk's influence has reignited hopes of a Dogecoin rally.
A substantial $150 million withdrawal of Dogecoin from exchanges revealed a decreased supply on these platforms. A decrease in sell pressure may result from this type of outflow, which is frequently a good indication that holders are removing their assets from exchanges, possibly for long-term storage.
Dogecoin price has moved into a technical correction after soaring to a multi-month high on Nov. 6 following Donald Trump's election. Dogecoin (DOGE), the biggest meme coin, retreated to $0.1930 on Nov.
As became known thanks to on-chain data from IntoTheBlock, the amount of Dogecoin (DOGE) inflows into the wallets of large investors - those who hold no less than 0.1% of the circulating supply, - totaled 2.96 billion DOGE in the last 24 hours. For comparison, in the previous 24 hours, this amount was only 563.83 million DOGE.
