Dogecoin's next possible stop is $0.50 and above. Especially if a historical price fractal fails to play out.
Bitcoin, the world's oldest and largest cryptocurrency, rose back above the $101,000 level on Wednesday, clawing back most of its losses after a bruising sell-off earlier this week.
Bitcoin's rally above $100,000 has improved sentiment, triggering a strong recovery in several altcoins.
Meme coins Peanut The Squirrel (CRYPTO: PNUT), Popcat (CRYPTO: POPCAT), and Goatseus Maximus (CRYPTO: GOAT) surged on Wednesday amid significant exchange listing announcements, surpassing the performance of Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Peanut The Squirrel $1.30 $1.29 billion +30% +4.3% Popcat $1.26 $1.23 billion +14.7% -8.9% Goatseaus Maximus $0.6855 $685.4 million +29.2% -11.8% Dogecoin $0.4123 $60.5 billion +7.3% +0.0% Shiba Inu $0.00002917 $17.1 billion +13.8% -2.5% Trader Notes: Crypto trader Dami-Defi predicts PNUT could bring life-changing opportunities.
Memecoins like DOGE and SHIB plunge amid market-wide liquidations and heightened volatility.
Dogecoin (CRYPTO: DOGE) is making waves again, with a notable 10% rally over the past 24 hours spurring bullish predictions on social media. What Happened: Crypto trader Scofield declared Dogecoin "is back" and stronger than before.
As crypto wavers, an old companion whispers in the ears of traders: XRP and Dogecoin have not said their last word.
Dogecoin price, a major meme-based altcoin, has seen a significant surge recently, becoming one of the top-performing cryptocurrencies. The digital asset has defied prevailing market trends, steadily gaining traction and drawing widespread attention for its remarkable rally.
Bitcoin rose back above $100,000 per coin Wednesday after U.S. inflation data matched expectations, with other top coins also popping.
Dogecoin, XRP, and Bitcoin show MDIA trends hinting at potential bull market recovery.
XRP's price marked a milestone rise that ignited in the first week of November and elevated its market capitalisation from around $30 billion to as high as $135 billion. This move also temporarily surpassed the market cap of Tether, becoming the third largest token after Bitcoin & Ethereum.
Well-known analyst DonAlt recently called Dogecoin's chart destructive, asserting that traders' net worth has been greatly impacted by its sideways movement over the last month. The analyst claims that attempts to ride the speculative wave to $1 have resulted in the liquidation of numerous leveraged positions.
Dogecoin price crawled back on Dec. 11 as the recent crypto sell-off eased and traders bought the dip. Dogecoin (DOGE), the largest meme coin in the crypto industry, rebounded to $0.40 after falling to $0.36 a day earlier.
A wallet linked to Ceffu transferred 73.8 million Dogecoin (DOGE), worth $30.32 million, to Binance within 24 hours. This massive deposit has sparked discussions across the crypto community, with traders speculating about its implications for its price.
https://cutoshi.com/ https://twitter.com/CutoshiToken https://t.me/cutoshi
Website: https://lunexnetwork.com Socials: https://linktr.ee/lunexnetwork
Billy Markus, known on social media as Shibetoshi Nakamoto and a person who co-founded the iconic meme cryptocurrency Dogecoin eleven years ago, is well-known for his ironic statements or critiques towards crypto and the market that cryptocurrencies have formed since the inception of Bitcoin.
XRP bounced off the $2 level and has the potential to rally higher as bulls retake control. This comes as the Ripple community reacts positively to news that the Ripple USD (RLUSD) stablecoin is about to launch. Meanwhile, Dogecoin, which is above a key support area, and new crypto token iDEGEN are attracting investors.
Dogecoin maintained stability at $0.40 during a major market liquidation event on December 9, with $86.29 million in long positions cleared while key technical support levels held firm.
Among meme coins, Dogecoin ($DOGE) reigns supreme. With Elon Musk behind it (and a government department named after it), there's no other meme coin quite like Dogecoin.
Dogecoin is consolidating after a rally to $0.48. Can it retake $0.50?
The cryptocurrency market experienced a massive $1.56 billion liquidation event, with Ethereum leading the losses at $229 million, while XRP and Dogecoin saw double-digit percentage declines and Bitcoin limited its losses to 2%.
A sell signal is emerging after the 20-day EMA converged with the 100-day EMA. Is this triggering the whale activity?
Leading meme coin Dogecoin (DOGE) has recently seen increased activity, with long-dormant coins being moved. These coins have begun to change hands following a 19% decline in the coin's price since it climbed to a three-year high of $0.48 on December 6.
A key indicator suggests a bullish long-term outlook for XRP and Dogecoin, despite a market-wide correction. This underappreciated indicator shows how old investment dollars are on average on a network and can reveal whether coins are growing more active or remaining inactive.
With less than one month remaining in 2024, the S&P 500 stock market index is sitting on a gain of 29%. That's nearly triple its average annual gain going back to when it was established in 1957.
XRP whale exchange deposits hit a six-month high early Tuesday, indicating short-term bearish pressure.
Bitcoin crashed nearly 10% below its all-time high of $104,088 to a low of $94,150 on Monday. The flash crash was short-lived, but it dragged down altcoins and meme coins like Dogecoin, Shiba Inu, Pepe, Dogwifhat and Bonk.
The cryptocurrency market saw another decline on Dec. 10, 2024, with Bitcoin dropping below $95,000 for the second time in recent days, causing widespread liquidations.
Dogecoin (CRYPTO: DOGE) has taken a sharp U-turn this week amid the broader cryptocurrency market's decline, but that hasn't deterred optimists. What happened: The dog-themed meme coin has descended as much as 19% this week from the 7-day peak of $0.48.
Did you know that dormant cryptocurrency wallets are springing back to life? It's more than just an interesting trend. Recent changes in Mean Dollar Invested Age (MDIA) for Bitcoin (BTC), XRP, and Dogecoin (DOGE) show something important. They hint at a possible market rally. These movements aren't random.
Data shows the cryptocurrency market has registered large liquidations in the past day as altcoins like Dogecoin and XRP have crashed. Cryptocurrency Derivatives Market Has Just Seen Massive Long Liquidations According to data from CoinGlass, a mass amount of liquidations have piled up over on the derivatives side of the cryptocurrency sector during the last 24 hours.
The U.S. Dollar Index (DXY) has been strengthening, closing Tuesday at 106.38 (+0.22%), and Wednesday's CPI report could set the tone for next week's FOMC interest rate decision. With geopolitical uncertainties bubbling under the surface and fears of economic slowdowns still haunting investors, this is no time for complacency.
The Dogecoin price has witnessed a notable decline amidst this wider bloodbath, as it is currently down by 8% in 24 hours. Nonetheless, Dogecoin continues to attract bullish sentiment despite the market crash.
Dogecoin whales transferred $56 million worth of DOGE to Robinhood, fueling speculation of a price surge to $3. Analysts point to bullish patterns and whale movements as key indicators of potential market momentum.
The cryptocurrency market has experienced a notable decline recently, with Bitcoin's price dipping below the $96K mark and altcoins like XRP, ADA, DOGE, and TRON facing double-digit losses. While this might seem alarming at first glance, many market experts view this correction as part of a normal cycle within the ongoing bull run.
Dogecoin (DOGE) price has been in a bearish momentum in the last 24 hours, with the price dipping from an intra-day high of $0.424 to an intra-day low of $0.3668. At press time, DOGE price was trading at $0.3934, a 6.15% decline from the 24-hour high.
The recent price movement of Bitcoin emphasizes how difficult it is to reach the elusive $100,000 threshold. Substantial market liquidations totaling $1.58 billion over the last day have prevented Bitcoin from sustaining momentum above this crucial psychological threshold.
Dogecoin might be demonstrating bearish price movements in the last few days. However, the upcoming days could be promising for the dog-themed meme coin following a recent breakout from a bullish chart pattern, which could push DOGE toward higher price levels.
A prominent cryptocurrency analyst has recently suggested that the leading meme-inspired cryptocurrency could soon see a massive cryptocurrency price rise “if things go wild,” with the cryptocurrency having the potential to surge to $18.
Cryptocurrency markets are trading lower in Tuesday as markets continue their correction. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $96,035.77 -0.97% Ethereum (CRYPTO: ETH) $3,639.93 -3.9% Solana (CRYPTO: SOL) $212.60 -4% Dogecoin (CRYPTO: DOGE) $0.3882 -9.6% Shiba Inu (CRYPTO: SHIB) $0.00002583 -11.5% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 116% and daily active addresses growing by 6.8%.
The crypto market is having a rough week, with nearly all of the top 100 cryptocurrencies barring stablecoins registering losses.
The crypto market has seen the largest leverage flush out since April 2021 yesterday, December 9, as reported earlier today. Amidst the market shakeout, Dogecoin (DOGE) is one of the altcoins which is displaying significant signs of strength.
Bitcoin (BTC) has pulled back from its recent milestone of $100,000, dropping to a low of $94,000 before recovering to $97,000 at the time of writing. The decline, attributed to profit-taking and concerns over Google's quantum computing advancements, has introduced a sense of caution into the market.
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) have seen sharp declines, with traders debating whether these drops signal a buying opportunity or a deeper trend reversal. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.3779 $55.6 billion -13.5% -7.4% Shiba Inu (CRYPTO: SHIB) $0.00002484 $14.8 billion -16.4% -11% Pepe (CRYPTO: PEPE) $0.00002287 $9.6 billion -17% +16% Trader Notes: Crypto trader DonAlt highlights Dogecoin's sideways movement over the past month, describing it as one of the most “net-worth-destructive” charts in crypto history.
Dogecoin (DOGE) price has dropped nearly 10% in the last 24 hours, falling below the $60 billion market cap threshold. The Ichimoku Cloud chart shows DOGE entering a bearish phase, with its price dropping below the cloud after a period of trading above it.
Many larger-cap alts have marked substantial losses, but meme coins lead the pack.