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Most holders of the meme-inspired cryptocurrency Dogecoin ($DOGE) remain in a state of profit, despite an over-year-long bear market in the cryptocurrency space that saw the value of most digital assets plunge.

US economic indicators, corporate earnings and the NASDAQ Index, coupled with easing FTX contagion fears delivered another breakout crypto session.

Bitcoin (CRYPTO: BTC) was spiking up more than 2% higher during Friday's 24-hour trading session, coming close to tagging the 200-day simple moving average (SMA) in tandem with the S&P 500, which was behaving similarly. Ethereum (CRYPTO: ETH) regained the 200-day SMA on Thursday and Dogecoin popped above the area on Monday.

Bitcoin and select altcoins have risen above stiff overhead resistance levels, signaling that the bottoming process may have begun.

Dogecoin price analysis shows a bullish trend. The DOGE/USD is the highest gainer today in the market among the top 100 cryptocurrencies, as the coin bulls took the price from $0.07699 to $0.07948 in a swift move, gaining good value in a single day.

Most holders of the meme token Dogecoin (DOGE) are sitting on profits, but the majority of rival meme token Shiba Inu (SHIB) owners are in the red even though the crypto markets are rallying. According to blockchain analytics firm IntoTheBlock, 59% of DOGE holders are profitable in their investments while 35% are not.

Shiba INU is coming out to be the biggest Dogecoin killer over time as the price has achieved significant highs in the past few days. The price with a more than 11% jump at the moment aims to recover 100% loss incurred due to the collapse of the FTX exchange.

DOGE extended its winning streak to five on Thursday, with SHIB also in breakout mode. Easing Fed fear and FTX contagion should support further upside.

Major coins rallied on Thursday evening as the global cryptocurrency market cap rose 2.85% to $906.4 billion at 7:23 p.m. EST.

The Dogecoin (DOGE) price has possibly begun a new upward movement that could take it toward $0.108 The post Calm Before the Storm? Dogecoin (DOGE) Price Primed for Takeoff appeared first on BeInCrypto.

Jane Manchun Wong recently uncovered evidence that Elon Musk might be on the cusp of rolling out Twitter “Coins” feature.

New inflation data for December was in line with expectations.

After a 2022 in tears and blood for almost all cryptocurrencies, the new year opened with a green sign, but with an apparent change of direction (too little time to be sure) strong volatility also returned, with this article we try to analyze the most important realities touching on various aspects, metaverse with Decentraland, Chainlink, memecoins courtesy of Dogecoin, and Avalanche.

The cryptocurrency market offers an array of options for investors to get involved. Notably, most cryptocurrencies aim to emulate successful projects such as Bitcoin (BTC), an asset that has rallied to be considered relatively expensive for investors hoping to own a whole unit.

Dogecoin (DOGE), the most popular meme token in the world, had an unexpected increase in value a few days ago, which prompted excitement among supporters. Nevertheless, its duration was not very long at all.

Dogecoin formed a base near $0.066 and started a fresh increase against the US Dollar. DOGE could rise further if there is a close above the $0.080 resistance.

Shiba Inu (CRYPTO: SHIB) topped intra-day gains on Wednesday, rising 5% and beating top meme coins by market capitalization such as Dogecoin (CRYPTO: DOGE) and Dogelon Mars (CRYPTO: ELON).

Following a mixed Wednesday session, DOGE and SHIB were on the move this morning. Crypto-friendly US stats should deliver new 2023 highs.

Major cryptocurrencies were trading higher on Wednesday evening as the global market cap rose 2.5% to $880 billion at 7:38 p.m. EST.

Bitcoin and altcoins are extending their rally and traders are hopeful that the gains will push higher after this week's consumer price index data is released.

The Reverse Engineering blogger has hinted towards Twitter Coins, the platform's digital currency. Is Dogecoin out of the race?

Dogecoin (DOGE) price is on the precipice of obliterating gains made last October when Elon Musk finalized the $44 billion acquisition deal of Twitter Inc. The meme lord has moved from trading as high as $0.155 last November to $0.076 on Wednesday, representing a decline of about 50 percent.

Twitter reportedly is working on a new feature where Twitter users can support content creators of their choice at a small fee.

Dogecoin price analysis is bullish for today. Bulls have brought up the price to the $0.07657 level, maintaining the bullish trend prevailing for the past 24 hours.