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The cryptocurrency market is no stranger to stories of missed opportunities. Dogecoin (DOGE), once dismissed as a meme coin, became a global sensation in 2021, surging to an all-time high of $0.73 and turning early investors into millionaires.
Dogecoin whales have executed a substantial transaction in the last two days, purchasing 110 million DOGE while the price of the meme coin declined. This systematic accumulation has attracted the interest of experts and traders, igniting discussions regarding a possible price reversal.
A spot XRP exchange-traded fund (ETF) is getting closer to approval after the US securities regulator acknowledged the filings submitted by Bitwise, Grayscale, and 21Shares. This approval will bode well for XRP price but crypto traders are looking for the top XRP rivals that could outperform it and possibly rally by 100x.
Back in 2021, Dogecoin (DOGE) turned heads in the crypto market, surging from obscurity to jaw-dropping heights. Fueled by Elon Musk's tweets, including his April 2019 nod calling it “pretty cool” and a July 2020 meme hinting at its inevitable rise, DOGE skyrocketed.
Dogecoin (DOGE) continues to trade sideways, with the meme cryptocurrency failing to establish its price above the $0.25 support.
Dogecoin (DOGE), one of the leading meme coins, has soared past $2 billion in trading volume in the last 24 hours. Data from CoinMarketCap shows Dogecoin's trading volume soared by 86.79% to hit $2.03 billion.
Dogecoin price has been facing challenges in its recovery, with the market showing significant volatility after Bybit's $1.4 billion hack. More than $566 million was liquidated across the broader crypto market in the past day.
The Dogecoin price is currently in what analysts have described as a “Boring phase.” While this term may suggest stagnation, historical trends indicate that it is not necessarily bad news, but a potential precursor to an explosive price rally.
Cryptocurrency prices fell in the early Saturday trading session, with major cryptocurrencies XRP, Dogecoin (DOGE), Shiba Inu (SHIB) and Cardano (ADA) all in red. Traders had reacted to an over $1.5 billion heist of the Bybit exchange, which analysts claim was the biggest crypto theft ever.
DOGE is currently down by over 30% on a monthly scale.
Dogecoin's price action with the Bollinger Bands indicator shows it is now at a junction of either a breakout to the upside or another downward move. Technical analysis shows that Dogecoin's interaction with the Bollinger Bands suggests it could go on a swift upwards move.
Dogecoin Cash, Inc. (OTCQB: CBDS), formerly Cannabis Sativa, Inc., has signed a definitive agreement to acquire 420 million DogeCoin Cash ($DOG) tokens from Bots, Inc., a Puerto Rico-based blockchain firm. In exchange, CBDS will issue 4.2 million shares of its common stock.
Once more Bitcoin is advancing toward $100,000, a significant psychological milestone. BTC has maintained bullish momentum following a period of consolidation, and it is presently testing resistance levels that may lead to a new all-time high.
The crypto market is paying attention to a massive Dogecoin (DOGE) transaction. A whale transferred 100 million DOGE, or about $25.42 million, to Binance.
Crypto analyst Dima Potts has provided insights into the current Dogecoin price action. In his analysis, Potts highlighted the $0.28 price level as being the next major milestone for DOGE as it eyes a breakout on its way to a new all-time high (ATH).
Cryptocurrency markets are trading lower on Friday after a $1.4 billion hack on Bybit dragged down the market. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $95,385.38 -3.1% Ethereum (CRYPTO: ETH) $2,634.96 -4.3% Solana (CRYPTO: SOL) $168.78 -3.5% XRP (CRYPTO: XRP) $2.52 -6.9% Dogecoin (CRYPTO: DOGE) $0.2400 -5.6% Shiba Inu (CRYPTO: SHIB) $0.00001494 -4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 12.3% and daily active addresses growing by 4%.
With the bull market still in play, there is strong optimism that Dogecoin will experience a major upward move in the near term. Many crypto analysts believe the impending move could push the dog-themed meme coin toward a new yearly high or new all-time high before the bull market concludes.
The chairman and CEO of hedge fund Point72 said he turned bearish for the first time in a while after President Donald Trump's aggressive trade policy made him worry about inflationary pressures and lower consumer spending.
Top cryptocurrencies—including Bitcoin, Ethereum, and Dogecoin—have nosedived amid rough inflation data and Friday's Bybit exchange hack.
Bitcoin is showing signs of strength by rallying within a hair of $100,000. Which altcoins will follow?
A new crypto contender gaining rapid interest and community support is poised to rival Dogecoin's success. #partnercontent
DOGE and XRP soar as SEC reviews ETF filings, while Rollblock's GameFi presale gains whale support. #partnercontent
In a seemingly dull market, whales and crypto investors found ideal conditions today, as evidenced by Dogecoin (DOGE) investors. A prominent crypto expert on X (formerly Twitter) posted that crypto whales have purchased nearly 110 million DOGE meme coins in the past 48 hours.
FloppyPepe, powered by AI and blockchain, is gaining traction, with analysts predicting it could surpass DOGE's 2024 rally. #sponsoredcontent
