Dogecoin – How stagnant DOGE whale activity affects its price
After Dogecoin has fallen below $0.30, DOGE has continuously seen static big player movements.
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After Dogecoin has fallen below $0.30, DOGE has continuously seen static big player movements.
Dogecoin (DOGE) has faced a significant market downturn recently, with its market cap dropping to $38.9 billion, a sharp 45% decline from its peak of $71 billion in December 2024. Despite this decline, the cryptocurrency still holds considerable growth potential, and analysts continue to explore what might happen if Dogecoin's market cap achieves key milestones.
A known crypto investor made a bold claim that Dogecoin is the king of all cryptocurrencies, stirring a debate and discussion among members of the cryptocurrency community. Global Macro Investor founder and CEO Raoul Pal believes that the popular meme coin is capable of becoming “the hardest money ever created,” citing how Dogecoin has outperformed Bitcoin historically.
Betting markets show a higher probability of approval of a spot Dogecoin (DOGE) ETF. According to Polymarket data, there is currently a 74% chance of approval till the end of 2025, which is 37% higher since Donald Trump's inauguration.
Crypto markets are experiencing strong momentum on Friday, with key assets posting gains. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $98,205.44 +2.7% Ethereum (CRYPTO: ETH) $2,744.60 +3.9% Solana (CRYPTO: SOL) $202.28 +5.2% XRP (CRYPTO: XRP) $2.79 +13.5% Dogecoin (CRYPTO: DOGE) $0.2775 +8% Shiba Inu (CRYPTO: SHIB) $0.00001688 +4.4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 5.8% and daily active addresses growing by 5.3%.
President Donald Trump's Solana meme coin has skyrocketed again, while major coins like Dogecoin and XRP show their own sizable increases.
Dogecoin's 2025 price predictions spark debate, while WallitIQ gains attention with explosive potential and 0% swap fees. #partnercontent
Betting markets indicate increasing confidence that a spot Dogecoin (CRYPTO: DOGE) ETF could receive regulatory approval, with Polymarket data showing a 74 percent chance of approval by the end of 2025. This represents a 37 percent increase since the inauguration of Donald Trump, suggesting rising optimism among speculators.
Dogecoin is trading at critical supply levels as the broader crypto market begins to show signs of life. Over the past few weeks, DOGE has faced significant volatility and uncertainty, with the price dropping to lower demand zones.
Dogecoin (DOGE) price has recently shown signs of recovery, bouncing off a two-month-old downtrend line and attempting to secure a key support level at $0.26.
Bitcoin is trading in a tight range, pointing to a possible breakout in the near future.
The SEC has acknowledged Grayscale's proposals for Dogecoin and XRP spot ETFs and is seeking public input before making a decision on their approval.
Dogecoin (DOGE) has rallied by 6.1% in the past 24 hours and currently stands at $0.2738 as the U.S. Securities and Exchange Commission (SEC) acknowledged applications for spot exchange-traded funds (ETFs) for both DOGE and XRP.Now, the SEC has 240 days to review and issue a response for these applications.
XRP and Dogecoin surge after the U.S. SEC acknowledged Graycale's applications for XRP and DOGE spot ETFs. Plus, GameStop considers buying bitcoin and South Korea lifts a ban on crypto trading in a sign of greater global acceptance of digital assets.
Dogecoin (DOGE) has long been a favorite among meme coin enthusiasts, but its recent performance has raised concerns among investors. While DOGE still enjoys support from a loyal community, its lack of fundamental innovation has left it vulnerable to more technologically advanced competitors.
Prominent trader Unipcs believes meme coins have a history of explosive comebacks when least expected, suggesting a meme coin comeback could be around the corner. What Happened: The trader argued in a post on X on Friday that the risk/reward (R/R) ratio favors longs, as the biggest meme coins have already corrected 70-90% from their peaks just months ago.
The Securities and Exchange Commission has acknowledged Grayscale's applications for spot Dogecoin (CRYPTO: DOGE) and XRP (CRYPTO: XRP) ETFs. This step signals that the agency is willing to consider the proposals, a shift from its previous tendency to dismiss similar applications for alternative cryptocurrencies.
Dogecoin (DOGE) is up 5% this Friday. The spike follows renewed optimism surrounding the approval of a spot Dogecoin exchange-traded fund (ETF).
TL;DR Grayscale files for XRP and DOGE ETFs, and the SEC begins a 240-day review process. XRP's improved legal standing post-2023 court ruling may strengthen its ETF case, while DOGE faces regulatory scrutiny. Market reactions are positive, but experts caution that SEC acknowledgment does not guarantee approval.
DOGE's breakout attempt signals a bullish reversal, targeting $0.33-$0.39. A rounded bottom pattern supports upward momentum, but confirmation above $0.2877 is key.
Dogecoin (DOGE) could be on the verge of a major price explosion, with CobraVanguard, a market analyst predicting a 134% surge for the popular memecoin. As Bitcoin's momentum stabilises and altcoins begin to show strength, DOGE is emerging as a key contender for a significant breakout.
Grayscale's push for a spot Dogecoin ETF takes a step forward as the SEC acknowledges its filing. Could this signal a major shift for DOGE?
The SEC, previously dismissive of similar proposals, appears more open under the current administration.
More cryptocurrencies may soon follow Bitcoin (BTC) and Ethereum (ETH) in receiving their spot exchange-traded funds (ETFs), as SEC reveals new updates on crypto ETF filings.