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Crypto investment offers risk and lucrative upside especially as pressure mounts and recession becomes a clearer threat

Following the recent drop, the bears appear to have been exhausted to some extent, as the major cryptos have been trading more or less flat. Besides, the bulls continue to remain uncertain as a slight upswing is attracting the bears, who tend to extract their profit and slash the prices hard.

Major coins traded in the red on Monday amid growing apprehension among investors, who are keeping a close watch on the Federal Open Market Committee (FOMC) meeting scheduled for next week. Cryptocurrency Gains (+/-) Price (Recorded 9:30 p.m.

The crypto market has slowed down significantly over the past week and digital assets in the space are suffering as a result. However, while times like this can be disheartening for investors, they also present a unique opportunity to get into the market at low and favorable prices before the next leg-up.

These three penny cryptos with high liquidity are among the top 20 most valuable cryptocurrencies investors can purchase.

The cryptocurrency market has been hit hard by a wave of selling pressure in the past week, wiping out billions of dollars in value. Among the worst performers was Dogecoin, the meme-inspired coin that has a loyal fan base and a celebrity supporter in Elon Musk.

Cryptocurrency exchange Binance.US has added Floki Inu (FLOKI) to its trading platform. FLOKI has now joined the ranks of popular meme-inspired cryptocurrencies Dogecoin (DOGE) and Shiba Inu (SHIB).

Bears are giving bulls no chances as the rates of most of the coins keep falling.

The crypto markets are turning bearish, as are the memecoins, mainly Dogecoin & Shiba Inu. While the DOGE price has dropped below important levels, the SHIB price is closer to adding another zero to its price.

DOGE Price Prediction: April month has been a roller coaster ride for Dogecoin prices where it showed huge price swings but no commitment to a specific direction. Despite uncertain behavior, the coin price breached a long-coming resistance trendline on April 3rd offering an early sign for trend reversal.

Binance Pay users can now enjoy seamless transactions using $ADA and $DOGE at over 400 ivendPay locations worldwide, boosting real-world crypto adoption. Binance Pay is a “contactless, borderless and secure cryptocurrency payment technology designed by Binance” that allows Binance users to “shop with crypto or send crypto to friends and family worldwide.

The Dogecoin (DOGE) price is falling to its range low after a short-term breakdown

Wider market conditions have brought memecoins down to Earth over the past week, after a 'frenzy' of trading.

Data shows a Dogecoin whale has withdrawn $12 million in DOGE from Binance, a sign that could be bullish for the price of the asset.

The world's largest crypto exchange Binance has opened seven new liquidity pools for crypto including Bitcoin, Shiba Inu, and Dogecoin amid increasing demand for these cryptocurrencies. The Binance Liquid Swap allows users to either swap between different tokens or provide liquidity to Binance's pools to earn rewards.

Binance Liquid Swap, a leading platform for digital asset liquidity provision, recently expanded its offerings by adding seven new liquidity pools. Among these additions is the highly anticipated SHIB/DOGE pool, which is expected to benefit Shiba Inu holders significantly.

David Gokhshtein, a well-known crypto media figure, recently shared his collection of meme coins on Twitter. Among the tokens in his collection were some of the most popular meme-based cryptocurrencies, such as Dogecoin (DOGE), Shiba Inu (SHIB), Floki Inu (FLOKI) and PEPE, which is more controversial.

Dogecoin (CRYPTO: DOGE), the meme-inspired cryptocurrency, could become one of the top three cryptocurrencies, according to Marshall Hyner, a member of the Dogecoin Foundation board of directors. What Happened: At the time of writing, the top two cryptocurrencies are Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and stablecoin Tether (CRYPTO: USDT) Hyner in an interview with FOX Business on Saturday said that Dogecoin's "memetic power" will propel it to even greater heights of popularity.

The most recent price chart for Dogecoin price analysis indicates that the value of the coin has been declining. The bearish side's achievement in bringing down price levels has caused the price levels to recede in recent hours.

Bone ShibaSwap (CRYPTO: BONE), the governance token of the ShibaSwap ecosystem, is up 7% in the last 24 hours, even as top meme coins such as Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) took a hit.

Over 151 million Dogecoin (CRYPTO: DOGE) worth $12 million was moved from cryptocurrency exchange Binance to an unknown wallet. What Happened: Data from Blockchair shows multiple transfers between Binance wallets.

Dogecoin has gained massive popularity in recent years, thanks to its meme-like branding and its celebrity endorsements, particularly from Elon Musk, the CEO of Tesla and SpaceX. The meme coin has also achieved significant market capitalization, making it one of the largest cryptocurrencies in the world.

According to WhaleAlert, 151 million Dogecoin was moved from Binance to an unknown wallet in recent hours. The crypto data tracker reported 151,605,154 DOGE worth $12,094,316 being transferred from Binance to the unknown wallet.

Dogecoin ($DOGE), the cryptocurrency that started as a joke, has become a cultural phenomenon. Popular meme-based cryptocurrency Dogecoin ($DOGE) was initially released on December 6, 2013, as a “fun and friendly internet currency.” It was created by Billy Markus and Jackson Palmer.