Why Bitcoin, Ethereum, and Dogecoin Slumped Today
These three megacap tokens are losing serious ground today on macro and token-specific news.
Keep up with what's happening in the crypto world in real-time.
These three megacap tokens are losing serious ground today on macro and token-specific news.
The Dogecoin (DOGE) price looks at risk of further declines as on-chain data show that the meme coin's largest holders are securing profits. This follows DOGE's recent price surge, which saw the crypto token rise to a new three-year high of $0.22.
Bitcoin and select altcoins rallied sharply in Q1 2024, but the near term may witness a correction.
Musk's remarks on April Fool's Day last year propelled Dogecoin to new heights. The Doge community seem to be waiting for the same this year.
Pseudonymous cryptocurrency trader Altcoin Sherpa sees Dogecoin (CRYPTO: DOGE) as a “good one to buy and hold for a while” despite a dip in cryptocurrency prices. What Happened: The heavily-followed trader published his analysis on X, listing the pros and cons of trading the meme coin.
Recently, the market witnessed a significant decline, with several crypto assets shedding their upward momentum and moving toward their immediate support levels. This trend has led to a surge in red candles, particularly in the meme coin sector, where leaders such as Dogecoin and Shiba Inu slipped below bullish price points.
Dogecoin Price Prediction: Amid the recent market downturn, Dogecoin experienced significant selling pressure at the $0.22 mark, leading to a 20% price decrease to now trade at $0.18. In the 4-hour chart, this peak has formed a double-top pattern, intensifying the bearish sentiment among traders.
Billy Markus, known on the X/Twitter platform under the name “Shibetoshi Nakamoto,” is the software engineer who created the original meme cryptocurrency Dogecoin in collaboration with Jackson Palmer in 2013.
The decline continues on the cryptocurrency market, according to CoinMarkeCap.
Whale Alert, a prominent blockchain tracker, has detected significant cryptocurrency transfers involving two major meme coins, DOGE and SHIB. The transfers, totaling millions of dollars, hint at notable movements within the meme coin ecosystem, raising questions about the motives behind these large-scale transactions. $27.
Bitcoin BTC and other major cryptocurrencies—including ethereum, XRP XRP , solana and dogecoin—have crashed back (even as crypto price data shows the bitcoin halving could trigger a huge earthquake).
Check out which DOGE and SHIB indicators have flashed green.
The Dogecoin price is down double-digits today after an eventful week of upward movement. This has seen a good part of its gains eliminated in the last day, pushing the coin into the red along with the rest of the market.
Although the larger part of the cryptocurrency sector has entered calmer waters, Dogecoin (DOGE) included, the popular doge meme crypto asset may still make a massive surge in the near future, considering it has just closed its first bullish monthly candle on the supertrend since 2021.
Here are top Dogecoin predictions and price trends from the Cryptopolitan team. Review its background and long-term commentary.
The bears have undercut the $0.20 support and the altcoin is falling back into its old range. Price analysis by Coinidol.com.
The crypto market started the month of April on a bearish note, highlighting increased selling pressure in the crypto space. Further, the leader of the memecoin category, Dogecoin price, has recorded a correction of over 12% in valuation, resulting in this altcoin breaking down its support level.
In an unprecedented twist of events, amidst the broader downtrend witnessed across the cryptocurrency market, the prices of renowned meme coins Dogecoin (DOGE) and Shiba Inu (SHIB) noted a substantial plunge today, nabbing significant investor attention. This plunge witnessed by the meme coins comes riding a plethora of on-chain and market dynamics hovering over the
Popular blockchain sleuth Whale Alert has spotted an enormous transaction made from Robinhood to an unknown wallet over the past 24 hours. It happened as a major Dogecoin whale added another large DOGE stash to his holdings, while the meme coin's price has dropped overnight.
One such expert, the pseudonymous crypto whale known as “Whale Everything,” has recently shared insights into 14 meme coins that could potentially surge up to 50 times their current value this year. These coins include popular ones like Shiba Inu, Dogecoin, Pepe, and Dogwifhat.
The crypto market is no exception to seasonal volatilities; however, Dogecoin has never been absent from the spotlight due to its excellent performance over that period. In contrast to the other market's deflation, Dogecoin has proudly powered on and is now showing signs of an optimistic outlook.
The CoinDesk 20 index, which tracks major tokens minus stablecoins, slumped just over 4.5%.
Dogecoin's price took a beating in the past 24 hours, dropping alongisde the rest of the crypto market.
More than 150,000 traders have been liquidated in the past day.
