Dogecoin Sees Epic 90% Pump in Volume as DOGE ETF Talks Heat Up
Major meme cryptocurrency Dogecoin is seeing an epic surge in trading activity as the volume of derivatives on DOGE has increased by more than 90% in the last 24 hours.
Keep up with what's happening in the crypto world in real-time.
Major meme cryptocurrency Dogecoin is seeing an epic surge in trading activity as the volume of derivatives on DOGE has increased by more than 90% in the last 24 hours.
Prominent crypto trader Altcoin Sherpa weighed in on the future of meme coins, saying a “meme coin supercycle” is still likely but could play out different than expected. What Happened: Sherpa stated in a post on X that a meme coin super cycle is likely, but it will not resemble the Shiba Inu (CRYPTO: SHIB) runs of the past, which was catching up with Dogecoin (CRYPTO: DOGE).
Dogecoin started a steady increase above the $0.120 resistance zone against the US Dollar. DOGE is consolidating and might extend its gains above $0.1265.
The injection of positive volatility sent memecoins rallying Monday, with coins from the sector emerging as the cryptocurrency market's biggest gainers. What Happened: Frog-themed Pepe was the best-performing cryptocurrency in the last 24 hours, with gains upwards of 25%.
The Bitcoin market maintained its strong weekend momentum into Monday, as Donald Trump's failed assassination attempt and Federal Reserve Chair Jerome Powell's positive speech bolstered risk appetite. Cryptocurrency Gains +/- Price (Recorded 9 p.m.
Crypto analyst Trader Tardigrade has highlighted a historical pattern that led to the Dogecoin price surge in 2021. Based on his analysis, the foremost meme coin is ready for a similar price rally, which could happen soon enough.
Dogecoin was breaking out of a bullish pattern, which could soon result in DOGE touching an ATH.
Cryptocurrency markets are trading higher in the aftermath of the failed assassination attempt on former President Donald Trump . Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $63,450.42 +5.9% Ethereum (CRYPTO: ETH) $3,413.92 +7% Solana (CRYPTO: SOL) $155.8 +7.3% Dogecoin (CRYPTO: DOGE) $0.12 +8% Shiba Inu (CRYPTO: SHIB) $0.00001853 +7.9% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 4% and daily active addresses growing by 27.5%.
Bitcoin and altcoin traders set their sight on new all-time highs now that BTC price is back above $63,000.
Over the last 24 hours, the Dogecoin price has increased by a notable 3.85%, coinciding with overall market growth.
Floki's (CRYPTO: FLOKI) rally prompted traders to foresee more upside for the meme coin, which is riding on the Ethereum ETF hype. What Happened: Global fintech company Revolut has announced an exclusive Floki Learn Course.
Dogecoin's (CRYPTO: DOGE) 8% rally over the past week prompted new bullish price predictions from traders. What Happened: Crypto Daily Trade Signals outlines that the next crucial resistance for the meme coin is at $0.116 and if breached, it would "put DOGE back in the bullish reversal pattern of a descending wedge.
As meme coins are yet again outperforming cryptocurrency market benchmarks, Mog Coin (MOG), a cat-themed meme crypto on Ethereum (ETH) and Base (BASE), joins the elite club of the 100 largest digital assets. It struggles to exceed the market cap of Neo (NEO), a 10-year old cryptocurrency.
The cryptocurrency market is back in the green, starting the new week on a solid positive note. With Bitcoin reclaiming support at $60,000, meme coins like Dogecoin reversed course and began trending upwards.
Dogecoin co-creator Shibetoshi Nakamoto recently voiced his concerns about the future of financial markets, stating that "there will always be a crash at some point."
Shibetoshi Nakamoto, co-creator of Dogecoin (DOGE), recently expressed concerns about the market's future, stating, "There will always be a crash at some point." His remarks came in response to the question of whether the stock market is currently in a bubble.
Leading cryptocurrencies strongly rebounded Sunday, owing to what appeared to be a bullish bias toward presidential candidate Donald Trump surviving an assassination attempt. Cryptocurrency Gains +/- Price (Recorded 8:30 p.m.
Though the price remains 84% down from its highs, data shows it can break the ATH.
Dogecoin's (DOGE) price is bound to note a recovery; the question remains whether it can manage to chart gains as well.
MOONHOP's 100x ROI, Hamster Kombat News & DOGE Price Meta Description: Unravel the mysteries of the meme coin universe with MOONHOP's staggering 100x ROI potential, the latest on Hamster Kombat, and what's expected for Dogecoin's price.
According to data provided by CoinGecko, Dogecoin (DOGE), XRP and Solana (SOL) are among the top gainers over the past 24 hours. Each of the aforementioned cryptocurrencies has surged by more than 4%.
The falling DOGE mean coin age is a sign of distribution rather than accumulation.
FET, APT, ICP, and MKR are the top gainers from the largest 36 crypto assets.
Dogecoin (DOGE) whales are gearing up for a bullish reversal for the foremost meme coin. On-chain data shows that these whales have regained their confidence in Dogecoin and are accumulating more DOGE ahead of a potential rally for the meme coin.
