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Cryptocurrency markets are down Grayscale is introducing a new Bitcoin ETF. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $65,954 -2.1% Ethereum (CRYPTO: ETH) $3,273.5 -1.1% Solana (CRYPTO: SOL) $177.6 -4.9% Dogecoin (CRYPTO: DOGE) $0.1257 -3.3% Shiba Inu (CRYPTO: SHIB) $0.00001618 -3.3% Notable Statistics: IntoTheBlock data shows a 144.9% spike in large transaction volumes.

Data shows social media users are currently not paying much attention to memecoins like Dogecoin (DOGE) as compared to Bitcoin (BTC) and other top caps. Bitcoin & Other Layer 1 Top Caps Getting All The Investor Focus Right Now According to data from the analytics firm Santiment, social media users are showing increased focus on the top layer 1 assets as compared to memecoin and other sectors.

Dogecoin (DOGE) proponent and Tesla CEO Elon Musk recently revealed that he isn't exactly fond of Bitcoin and some other cryptos. His comments might come as a surprise, considering how Musk has so far been vocal and supportive about the foremost meme coin, Dogecoin.

The internet's love affair with Shiba Inu (CRYPTO: SHIB) dogs and cryptocurrencies has taken a bizarre new turn with the launch of Neiro (CRYPTO: NEIRO). What Happened: The recent announcement of a new Shiba Inu puppy, Neiro (CRYPTO: NEIRO), by the owner of the original Dogecoin (CRYPTO: DOGE) meme coin dog, Kabosu, has sparked a frenzy of token creation on the Solana (CRYPTO: SOL) blockchain.

The Tesla CEO said has a "soft spot" for Dogecoin because "I like dogs and memes," he said in a recent interview.

Dogecoin's (CRYPTO: DOGE) volatile trading range make raised questions about whether the apex meme coin can really break upwards soon. What Happened: Daan Crypto Trades on Monday highlighted the attempted breakout, saying DOGE needs to hold on to the current area to move higher over the next couple of weeks.

The last day has seen a noticeable increase in Dogecoin's on-chain activity, with important metrics pointing to increased interest and movement. Particularly, there have been significant changes in the volume of large transactions and the Network Value to Transaction (NVT) ratio, which may indicate an impending change in the dynamics of the DOGE market.

Dogecoin (DOGE) has continued its uptrend above the moving averages. The altcoin rose to a high of $0.143 before pulling back and staying above the 50-day moving average line.

HashKey Global has announced a major expansion of its derivatives offerings. The platform is set to launch new perpetual contracts for three popular cryptocurrencies: Solana (SOL), Dogecoin (DOGE), and Avalanche (AVAX).

A new class of memecoins was birthed on Solana and Ethereum networks over the weekend as the owner of the dog that inspired Dogecoin got a new pup - despite her officially distancing from all such tokens.

Kabosu, the iconic Shiba Inu who inspired the original Doge meme and subsequently the Dogecoin cryptocurrency, passed away in May.

Dogecoin's trading volume has dropped by over 30%, raising concerns about the sustainability of its bullish trend.

Bitcoin, Dogecoin slide, Ethereum rises as U.S. government's $2 billion worth of King Crypto transfer spooks the market. Cryptocurrency Gains +/- Price (Recorded 9 p.m.

Over the weekend, Dogecoin (DOGE) soared 11% after the general market performance. The price surge led the dog-themed token to retest key resistance levels, which fueled a bullish prediction by crypto analysts.

The highly-awaited Bitcoin 2024 Conference came and went by without Tesla/SpaceX CEO Elon Musk making an appearance alongside former President Donald Trump, which many people expected as the event drew closer. However, that did not stop the erratic billionaire from speaking about crypto over the weekend.

The direction of Dogecoin and Shiba Inu are of high interest to crypto investors, given their roles as the two largest meme coins in the market. Often, the prices of Dogecoin and Shiba Inu rallying can signal a meme coin run that could send other meme coins higher.

Musk addresses the surge of crypto deepfake scams in a recent podcast, cautioning investors who see him promoting crypto.

Cryptocurrency markets are trading sideways, as Elon Musk weighs in on growing crypto adoption. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $67,266 -1.3% Ethereum (CRYPTO: ETH) $3,309 +1% Solana (CRYPTO: SOL) $186.7 +0.9% Dogecoin (CRYPTO: DOGE) $0.1294 -0.5% Shiba Inu (CRYPTO: SHIB) $0.00001676 -0.4% Notable Statistics: IntoTheBlock data shows large transaction volume declining by 36.2% and a 16% fall in daily active addresses.

Neiro, the newly-adopted Shiba Inu of the owner behind the Dogecoin-inspiring Kabosu, has triggered a battle for meme coin supremacy.

Bitcoin turned down from $70,000, a sign that bears are fiercely defending the overhead resistance, but the price whipsaws are having limited impact on altcoins.

As The Block reported earlier today, Tesla CEO Elon Musk was interviewed on Sunday for an episode of the X Takeover podcast, hosted by the Tesla Owners Silicon Valley. During the hour-long conversation, Musk clarified his position on promoting cryptocurrencies.

The price of leading meme coin Dogecoin (DOGE) may climb to a monthly high as its 50-day exponential moving average (EMA) gears to cross above its 200-day EMA.

Tech magnate Elon Musk has shared his thoughts on cryptocurrency, acknowledging some merit in Bitcoin (CRYPTO: BTC) and expressing a fondness for Dogecoin (CRYPTO: DOGE). What Happened: In an appearance on the X Takeover podcast over the weekend, Musk addressed his views on digital currencies.

Dogecoin price appears to have launched a new bullish phase with bulls eager to push above resistance at $0.2. As sentiment gradually improves, investors are beaming with hope to see a stronger trend reversal.