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The Dogecoin (DOGE) ecosystem developers have issued a crucial update as it concerns the launch and hosting of Ordinals inscription on chain. Despite its meme coin status, Dogecoin is looking to evolve like other more functional protocols.
The weekend has started with a bounce back of most coins, according to CoinMarketCap.
LTC's price action surprised many, as did its outperformance of other cryptos around it.
One leading crypto strategist thinks that a dog-themed Solana (SOL)-based memecoin is headed to much lower prices. In a new video, pseudonymous analyst Credible Crypto tells his 55,500 YouTube subscribers that dogwifhat (WIF) likely has not yet formed a market bottom.
Cryptocurrency markets are trading up as PPI data has sparked speculation of an interest cut in September. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $57,825.58 +0.6% Ethereum (CRYPTO: ETH) $3,129.43 +0.5% Solana (CRYPTO: SOL) $138.75 +1.2% Dogecoin (CRYPTO: DOGE) $0.1076 +0.4% Shiba Inu (CRYPTO: SHIB) $0.00001644 +0.3% Notable Statistics: IntoTheBlock notes that 83% of Bitcoin holders are in profit at current levels despite the volatility.
Retail and institutional traders have been buying Bitcoin on the dips, and the early-stage recovery in select altcoins suggests that the crypto market is in a bottoming stage.
DOGE's price retraced from its initial increase, affected by low Open Interest. What's next?
Over the last 24 hours, the Dogecoin price has dipped slightly by 2.16%, coinciding with an overall market dip, with meme coins averaging a 3.7% decrease. However, recent comments made by Elon Musk seem to have stirred Dogecoin Sentiment.
The current resurgence in the crypto market has left investors diversifying their portfolios with meme coins, blue-chip cryptocurrencies and new entrants. Dogecoin (DOGE), XRP (XRP) and Clandeno (CLD) have become obvious choices for investors aiming to maximize their profits at the next blow-off top.
Dogecoin's (CRYPTO: DOGE) 25% monthly drop has taken it back to April 2021 levels, but traders remain optimistic for the longer run. What Happened: Trader Altcoin Sherpa, in his latest tweet, pointed out that it is painful to see Dogecoin retrace a majority of its move and head back to value.
Litecoin (LTC) has witnessed superior on-chain activity compared to other prominent coins, such as Dogecoin (DOGE). Per data from IntoTheBlock, LTC processes an impressive $2.85 billion in transactions over $100,000 daily.
This week, we take a closer look at Ethereum, Ripple, Cardano, Dogecoin, and Polkadot. Ethereum (ETH) After a difficult start in July, Ethereum bounced by 7% this week and recovered some of the most recent losses.
Bitcoin's price action is currently hindered by critical resistance levels at $59,000-$60,000 and $63,000. These barriers, particularly the 200-day moving average, present significant challenges for BTC.
Dogecoin price analysis reveals that DOGE dropped 1.5% in the last 24 hours to trade at $0.106 during European business hours on Friday. The price drop happens against the backdrop of falling futures.
Tesla CEO Elon Musk responded to criticism of President Joe Biden‘s age and fitness with a cheeky remark during a conversation on social platform X. What Happened: On Thursday, DogeDesigner, a pseudonymous user who works as a graphic designer in the Dogecoin (CRYPTO: DOGE) ecosystem, raised questions about the incumbent's public interactions, saying, “Every time I see Biden speaking, I wonder how this man became the President of America.
Leading cryptocurrencies gave up their early morning gains as the cooler-than-expected inflation data ended up becoming a ‘buy the rumor, sell the news' event. Cryptocurrency Gains +/- Price (Recorded 8:30 p.m.
Cryptocurrency markets are trading relatively flat despite positive macroeconomic data fueling hopes of a September interest rate cut. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $57,371.10 -0.09% Ethereum (CRYPTO: ETH) $3,107.17 -0.05% Solana (CRYPTO: SOL) $136.57 -3.3% Dogecoin (CRYPTO: DOGE) $0.1071 -0.8% Shiba Inu (CRYPTO: SHIB) $0.0000164 +0.35 Notable Statistics: IntoTheBlock data notes a 79.8% increase in exchange netflows, while daily activity addresses rose by 4.2%.
As Dogecoin and Shiba Inu remain complacent amid the stir generated by the ongoing German and Mt.Gox Bitcoin sell-offs, one crypto expert foresees a meme coin surge on the horizon.
Investors may certainly want to be wary of these three high-risk cryptos, given the amount of uncertainty in the crypto market.
Some coins from the top 10 list are bouncing off, according to CoinMarketCap.
There has been a lot of on-chain activity with Dogecoin (DOGE) over the past day, which may suggest that market participants are bullish toward the popular meme cryptocurrency.
Crypto expert Andrew Kang has made a bullish case for meme coins, including the foremost ones like Dogecoin (DOGE) and Shiba Inu (SHIB). He suggested that this category of crypto tokens could be the biggest gainer during the anticipated year-end rally.
Bitcoin remained rangebound, while Ethereum and Dogecoin gained Wednesday, as investors pin hopes on incoming inflation numbers to move the cryptocurrency market. Cryptocurrency Gains +/- Price (Recorded 8:30 p.m.
Dogecoin has been in a price decline for the past seven days as the entire crypto market continues to be dominated by a fear sentiment. Furthermore, the meme cryptocurrency recently encountered rejection due to fresh bearish pressure.
