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It was a bearish end to a bullish week for the crypto market. A lack of crypto events left investors to lock in profits on lingering Fed Fear and regulatory risk.
Analyst Pentoshi believes that Polygon (MATIC) will attain an all-time high (ATH) price against Bitcoin (BTC). The analyst is confident in MATIC's ability to attain this milestone within 14 days before the Polygon zkEVM upgrade rolls out.
The Shiba Inu token, SHIB, lost about 4.5% against its key opponent Dogecoin (DOGE) in the past week. After more than two months of almost uninterrupted gains, which saw SHIB fully absorb its October decline against DOGE when Elon Musk took over Twitter, the Shiba Inu token appears to have peaked at its current maximum against its rival.
Dogecoin price analysis for today shows that the coin is trading in a positive trend and is expected to continue this trend throughout the day. The market has been steadily increasing since yesterday and its current price is at $0.0889, up from its opening price of $0.08697.
Although Dogecoin (DOGE) is bearish, it is limited by the moving average lines.
Following the crypto winter of last year that wiped out over 50% of the total market capitalization of the entire crypto space, most coins are now gaining momentum in a bid to recover what was lost.
It was a range-bound Saturday session, with Fed Fear likely pegging back the crypto market from another breakout session.
According to data shared by @DogeWhaleAlert account that watches out for big transfers of the largest meme token by market cap, over the past 24 hours, slightly over 230 million Dogecoin have been transferred with the participation of top 20 wallets.
A deep-pocked crypto whale is suddenly moving millions of dollars in Dogecoin (DOGE) after holding the top meme coin for about two years. Blockchain-tracking service Lookonchain reveals that a wallet that had been inactive for nearly two years abruptly awoke and transferred 326,400,000 DOGE, valued at $28.16 million at the time of the transaction.
Elon Musk made several changes related to Twitter that he promised after taking over the social media giant last year. Twitter CEO Elon Musk also confirmed earlier that creators will be able to monetize content on Twitter.
The price of Dogecoin (DOGE) has gained by 3% in the past 24 hours, reaching $0.08754 as the crypto market grew by 8%. DOGE has also risen in the last 30 days, helped in part by the ongoing support of the coin by Tesla- and Twitter-owner Elon Musk.
Founder of Gokhshtein Media, crypto enthusiast David Gokhshtein has taken to his Twitter handle to share the news about the dog-themed cryptocurrencies he holds.
Dogecoin (DOGE) and Shiba Inu (SHIB) are the two highest-capitalized meme cryptocurrencies in the market. As of Friday evening, DOGE and SHIB had surged by nearly 5% each, over the preceding seven days.
Important crypto news: the best news regarding the blockchain world affected the entire industry over the past week. Specifically, we are talking about the Dogecoin price prediction, for which Elon Musk posted a picture of his dog on Twitter.
The Dogecoin price analysis report shows that the bulls have made a concerted effort to maintain their streak, and that they have thus far been successful enough as the price has reached a high of $0.088 today. Since February 11, 2023, the price has been growing steadily, indicating an increase.
A massive whale on the Dogecoin ($DOGE) network has recently accumulated a significant number of tokens, to the point they are now the 20th largest wallet on the cryptocurrency's blockchain, with over 700 million DOGE.
Dogecoin (DOGE) like the rest of the crypto market has slowed down in the last day. This comes after a massive leg-up that saw the likes of Bitcoin and Ethereum break through four-month highs before correcting downwards.
Dogecoin has continued to gain attention on the back of Elon Musk's endorsements, particularly after the billionaire took over Twitter and promised to implement new payment features.
As reported by several sources, over the past two days, slightly over 820 million Dogecoin have exchanged hands between anonymous addresses. Some of these wallets were those from the top 20 list.
Dogecoin [DOGE] received a double boost this week. Elon Musk's tweet about a dog as the new Twitter CEO boosted the meme coin's social engagement.
Dogecoin Price News: A mysterious Dogecoin whale has emerged from the ashes and shocked the cryptocurrency market. According to a tweet posted by Lookonchain, a Dogecoin wallet that has not been active for two years has transferred 326.5 million dogecoins to a new address.
Reports indicate that a doge wallet that was dormant for nearly two years was just recently activated.
Litecoin has announced on its official Twitter account a new milestone for the network. The mining hashrate, which is the measure of the computational power per second used when mining, has set a new record high of well over 850 TH/s.
The largest meme coin by daily traded volume and market capitalization, Dogecoin (DOGE), has enjoyed a bullish sentiment since tech billionaire Elon Musk purchased Twitter Inc for a whopping $44 billion. With a market capitalization of approximately $11,962,464,342 and a 24-hour traded volume of about $926,904,880, the Dogecoin ecosystem enjoys over 5,142,743 global holder base.
