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Dogecoin's recent performance has injected optimism into the broader cryptocurrency market as the token approaches a pivotal resistance level. The digital asset, which had stagnated near $0.1, has surged with growing bullish sentiment and increasing volume. This upward trend hints at Dogecoin's potential to break out and reach a target price of $0.15.
The latest price moves in bitcoin (BTC) and crypto markets in context for MONTH XX, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.
DOGE's recent price surge can once again be attributed to Tesla and SpaceX CEO Elon Musk.
Dogecoin capitalized on the market-wide bullish momentum as its price reached a five-month high of $0.1684 earlier today. Dogecoin (DOGE) is currently trading at $0.165 after gaining 15% over the past 24 hours.
Dogecoin (DOGE) is leading the meme coin market recovery supported by other players like Shiba Inu, POPCAT, and FLOKI with each gaining 10-15%.
Significant growth in recent days, although for now it is far from the annual highs.
Bitcoin is less than 3% away from a new all-time high, while meme coins such as Dogecoin are popping left and right.
As speculation surrounding potential outcomes from next week's U.S. election intensifies, Bitcoin surged past $71,000 hitting a new all-time-high, igniting double-digit gains across altcoins like DOGE, ENA, POPCAT, and BSV. On Oct.
DOGE increased its dominance against the other meme coins, with its market cap jumping to almost $25 billion.
With Bitcoin price crossing $71k and the crypto market inching closer to $2.5T, the explosive rally in meme coins is gaining momentum. As Dogecoin leads the pack with a 14% gain in the last 24 hours, the market cap of meme coins has reached $62.23 billion with a trading volume of $9.74 billion.
Dogecoin, the leading meme coin, surged notably on Thursday due to Donald Trump's mention of the Department of Government Efficiency during his Madison Square Garden rally.
In a surprising move, the Bitcoin price closed the daily trade above $71,400 and woke up the bulls within the market. The Dogecoin price was on its way to hit $0.15 but now it's attempting to clear the major resistance above $0.16.
Stablecoin margined futures on DOGE have spiked, with DOGE denominated bets rising 33% since Sunday.
Observers anticipate that more crypto assets will see volatility this month, propelled by different narratives.
The cryptocurrency space displays renewed optimism with notable price surges. Bitcoin (BTC) jumped to new highs as bulls pushed beyond $71K over the past day. That triggered significant actions in the altcoin market. Dogizen (DOGIZEN) reflects this optimism with its flourishing presale, which remains around $400K to attain the target.
The crypto market has regained momentum with Bitcoin price retesting its $71,000 level. This comes after the recent rally of Donald Trump in NewYork. Further, the DOGE price surged after Elon Musk announced his ambitious plan to save taxpayers $2T with “Department of Government Efficiency”.
Dogecoin's recent price surge has captured investor attention, with the meme coin rallying sharply over the past 24 hours. This increase followed a tweet from Elon Musk, often referred to as the “DOGEFather,” hinting at the cryptocurrency.
The cryptocurrency industry is enjoying an upswing, of 4.71% over the past 24 hours. As a result, the market cap has now reached $2.4 trillion, while trading volume has surged to an impressive $99.66 billion, reflecting heightened activity and interest amongst traders. With the Fear & Greed Index at 60, investor sentiment leans toward “Greed.
Bitcoin (BTC) is hitting headlines as it surged past $71,000 for the first time since June.
Despite being established players, Cardano and Dogecoin still trade below $1, falling short on real utility.
In what seems to be a broader crypto market rally, Bitcoin (BTC) and altcoins have recouped from the selling pressure while seeing a sharp bounce today. Bitcoin (BTC) is up 5.4% moving all the way past $71,200 and less than 5% away from here to hit another all-time high level.
Dogecoin (CRYPTO: DOGE) exploded on price charts Monday, emerging as the best-performing billion-dollar capitalization cryptocurrency in the last 24 hours. What happened: The ‘original meme coin' was up over 15% as of this writing, with an 184% spike in 24-hour volumes.
Dogecoin (DOGE) surges 25% to a four-month high, boosted by Elon Musk's latest meme post and a bullish “Golden Cross.” However, with overbought RSI levels, a correction may be imminent.
Leading cryptocurrencies surged Monday, with Bitcoin breaking through $70,000 after an almost five-month hiatus. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m.
