The broader crypto market has witnessed a massive surge in the Shiba Inu burn rate, with the metric skyrocketing by 2,296% in just one day. This remarkable surge reflects the community's desire to decrease the overall supply of Shiba Inu and possibly induce a price increase.

Whale activity and rising metrics suggest Dogecoin could be gearing up for a bullish move.

The top meme coins made a splash on Friday, climbing 4.4% and lifting the sector's collective market cap to an impressive $131.73 million. 90-Day Meme Coin Frenzy: GOAT Skyrockets Over 11,900% Though meme coins slipped slightly in overall sector rankings according to Artemis Terminal, they still managed to grow 4.

Cryptocurrency markets are closing Friday strong, with Bitcoin's performance paving the way for altcoin gains. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,590 +2.8% Ethereum (CRYPTO: ETH) $3,600 +1.0% Solana (CRYPTO: SOL) $242.66 +2.8% Dogecoin (CRYPTO: DOGE) $0.4355 +9.6% Shiba Inu (CRYPTO: SHIB) $0.00002621 +4.0% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 22.6% and daily active addresses falling by 8%.

Dogecoin has just showed a Tom Demark (TD) Sequential sell signal, but an analyst has explained how the parabolic run could still continue for DOGE. Dogecoin Is Currently Showing A Pattern Similar To Previous Bull Runs In a new post on X, analyst Ali Martinez has discussed about a TD Sequential signal that has formed for Dogecoin's weekly price recently.

Dogecoin (DOGE), the world's largest and most popular meme coin, is poised to continue its upward momentum after consolidating for two weeks. The positive outlook for DOGE potentially caused by the bullish price action and Donald Trump's victory in the United States presidential election.

The prospect of a Dogecoin ETF emerging in 2025 has gained attention, especially after the successful launches of Bitcoin and Ethereum ETFs in 2024. With crypto gaining more traction and a crypto-friendly administration in the White House, some experts believe that DOGE could follow in the footsteps of other digital assets.

On-chain data reveals Shiba Inu faces a pivotal moment as 76 trillion SHIB holders hover near critical price points. A breakout above $0.000027 could spark a rally, but profit-taking looms if support falters.

Dogecoin has slowed down after a significant parabolic run witnessed in the past few weeks, sparking speculations about its short-term performance. However, considering several positive developments around its price, crypto analysts predict another notable upswing may be in the works, possibly pushing the meme coin to a new all-time high.

Mysterious Shiba Inu lead developer Shytoshi Kusama has shared that he plans to give the second-largest meme coin utility and take it to the top five list of cryptocurrencies.

Dogecoin's (CRYPTO: DOGE) rally back above 40 cents has captured the attention of traders, with many expressing optimism about a potential rally to new highs. What Happened: Following a period of consolidation around $0.40, DOGE is up 6.5% on the day, trading around $0.425 at the time of writing.

Bitcoin price struggles to overtake $100,000, but the predictable price action is creating a path forward for many altcoins.

Shiba Inu (SHIB), a leading meme coin, has gained notable traction this month, riding on a wave of market optimism. Over the past year, SHIB's value has surged by an impressive 200%, highlighting its resilience and strong community backing.

With the presumably crypto-friendly Trump administration taking office in January 2025, speculation has begun about whether Dogecoin (CRYPTO: DOGE) exchange-traded fund (ETF) could become a reality next year. What Happened: "I think everything is on the table moving forward under the new administration," said Nate Geraci, President of the ETF Store, in an interview with The Block.

Whales consistently play a significant role in shaping crypto market prices, making it worthwhile to track their buying activity for potential gains.

Dogecoin and other meme coins are gaining after Thanksgiving as Bitcoin potentially gears up for another run at $100,000.

Will fund managers file for a Dogecoin exchange-traded fund? "Everything is on the table under the new administration," one expert says.

At the time of writing, the wider crypto market is looking rather bullish. Driven by the impressive surge in Bitcoin (BTC) prices following the 2024 U.S. presidential election, many altcoins and meme coins have followed suit.

Kaal Dhairya, a key figure in the Shiba Inu (SHIB) ecosystem, strongly believes in the long-term sustainability of the meme-inspired cryptocurrency, suggesting that SHIB will continue to thrive for the next 20 years.

Dogecoin has more than doubled in November, making it one of the best-performing meme coins. This momentum coincides with the ongoing Bitcoin-led crypto rally.

In a recent post on X, prominent Dogecoin community member Mishaboar issued a crucial security warning to the Dogecoin community. The message highlighted the importance of safeguarding seed phrases, a mnemonic code used to create or recover a crypto wallet.

With the market showing renewed momentum in the past 24 hours, we asked ChatGPT for its forecasts on the top performing coins of the day. The post ChatGPT Has Bullish Predictions for These Top Performing Coins: DOGE to Hit $1.38, What's Next? appeared first on Cryptonews.

Dogecoin News: A Dogecoin whale transaction has caught the attention of the crypto community, fueling speculation about a potential price rally. Over 1.1 billion DOGE, worth more than $445 million, were transferred across three transactions involving unknown wallets.

As Bitcoin ($BTC) heads into its monthly expiry, with potential high bouts of volatility to come, some of the top memecoins are ready to break out of their respective downtrends. $DOGE, $PEPE, and $WIF will be among the frontrunners if their breakouts are confirmed.

Dog-themed cryptocurrency Dogecoin (DOGE) has recently seen a flurry of activity, with three massive transactions totaling 1.1 billion DOGE between unknown wallets occurring in a very short period.

On-chain data indicates intriguing dynamics that may determine Shiba Inu's future course, indicating that the species is at a turning point. The data indicates that addresses holding positions within a narrow price range account for about 76 trillion SHIB.

Although Bitcoin has shown a consistent performance with a 40% growth since the event, Dogecoin has outperformed its larger relative by producing an amazing 4x increase over the last three months and over 3x in the past month alone.

According to the data provided by Shibburn, over the past day, the SHIB community managed to dispose of a mammoth amount of SHIB, which surpasses one billion meme coins.

A major Shiba Inu whale has once again sparked noteworthy market intrigue as it was recorded heavily bagging the meme token on Friday. Notably, on-chain data showed that the trader significantly increased his holdings to $21.72 million worth of SHIB after one month of inactivity.

Dogecoin achieves record-breaking trading volume in November 2024 while analysts project various price targets ranging from $1 to $3, based on technical analysis and historical patterns.

A widely followed cryptocurrency trader and analyst is turning bullish on a competitor to Dogecoin (DOGE) and Shiba Inu (SHIB) while offering his forecast for Bitcoin (BTC) and the decentralized finance (DeFi) altcoin Jupiter (JUP).

Dogecoin (DOGE) is back in the news, with its price up 150% this month alone. The meme-inspired cryptocurrency, long seen as a sign of people getting carried away with the hype, is once again getting the attention of analysts, including Peter Brandt, who has been trading the financial markets for over four decades now.

Launch of the ETP on Dogecoin: a new era for cryptocurrencies.

Following its massive rally above the $0.3 mark, the Dogecoin price has been struggling to break past the $0.4 resistance for weeks. A crypto analyst has revealed what could happen if Dogecoin fails to clear this crucial resistance, highlighting bearish scenarios and new price lows for the meme coin.

Following a recent resurgence in the general market, Dogecoin has begun to display upside momentum toward higher price levels, which has rekindled optimism about its potential to surpass its previous all-time high and set a new peak in the ongoing market cycle.

Dogecoin saw a surge in retail activity hinting at potential manipulation.

As Shiba Inu's trading volume falls to alarming levels, the company finds itself at a turning point. A declining volume may halt any upward momentum for the token by indicating a lack of confidence among traders in addition to posing liquidity issues.

The Dogecoin price action has returned into a bullish trend in the past 24 hours after spending the majority of the past seven days on a correction path. Particularly, the Dogecoin price is currently up by about 4.5% in the past 24 hours.

Crypto analyst KrissPax has predicted that the Dogecoin price can rally to as high as $3 in this market cycle. The analyst further explained how the foremost meme coin will reach this price target using the Logarithmic scale.

Shiba Inu (SHIB) has been garnering significant attention from traders and analysts as it forms a symmetrical triangle on its 4-hour chart. This chart pattern, often associated with periods of indecision, raises questions about whether SHIB will break out to higher levels or experience a breakdown below key support levels.

Shiba Inu lead developer Shytoshi Kusama has set a bold vision to take SHIB into the top five cryptocurrencies by 2025. In a major milestone, the community burned 61.4 million SHIB in 24 hours, sending the burn rate surging by over 5,500%.

SHIB burn rate jumps 5545% overnight! Will rising burns and new Binance tools drive prices up?

Amid ongoing price consolidation, whales appear to be making big bets on Shiba Inu (SHIB), the second-largest cryptocurrency by market cap. Over the past two weeks, SHIB has been consolidating within a tight range between $0.00002287 and $0.00002644. Whales and Institutions Strong Action During this range, whales and institutions have accumulated a substantial 5.

Dogecoin (DOGE) Price recently surged to $0.48, its highest level since 2021, while surpassing Porsche in market capitalization at $58 billion.

Amidst the recent bull run, whilst other cryptocurrencies have displayed impressive surge in recent weeks, the price of Shiba Inu has been discouraging. SHIB recorded only 35% gains in the last four weeks. However, Dogecoin has surged by 143% during the same period, and PEPE saw an impressive 105% monthly gains.

The Shiba Inu price is currently witnessing a significant correction alongside Bitcoin. However, crypto analysts have suggested that Shiba Inu can experience a parabolic rally if the flagship crypto were to enjoy a bullish reversal above $100,000.

The meme-inspired cryptocurrency Shiba Inu has seen its daily burn rate soar last month by over 24,000% to 270.7 million tokens as the price of the cryptocurrency soared around 35.1% over the last 30 days. According to data from Shiba Inu burn rate tracker Shibburn a total of 270.

Popular crypto analyst Altcoin Sherpa is warning that Ethereum (ETH) may have a steep correction in its Bitcoin pair (ETH/BTC). The pseudonymous trader tells his 233,100 followers on the social media platform X that ETH/BTC could decline more than 35% from its current value. “ETH: I don't know if this bottoms until 0.