The global cryptocurrency market increased by 11.5% this week, reaching a record high of $3.49 trillion and adding $358 billion in valuation.
The cryptocurrency market is experiencing a surge similar to what it did with Dogecoin in 2021.
Dog-themed cryptocurrency Dogecoin (DOGE) has surged by nearly 25% in the last 24 hours, reaching intraday highs of $0.4807 in Saturday's trading session.
Shiba Inu lead Shytoshi Kusama has announced the launch of the TREAT token, a major addition to the SHIB ecosystem. Originally envisioned by SHIB's creator, Ryoshi, Treat is designed to replace BONE as ShibSwap's reward token and provide liquidity for SHIB, the ecosystem's stablecoin.
The Bitcoin price is consolidating just below the $100K milestone, which has shaken up the major altcoins. Meanwhile, the memecoin has remained stuck within a range as Dogecoin gains huge momentum.
The price of Dogecoin (DOGE) saw another epic surge in the past 24 hours, rising over 17% to a high of $0.4656. If this momentum continues, on-chain analyst Ali Martinez believes DOGE could rally to $0.82.
The Dogecoin price has recently exhibited a classic bull flag pattern on its price chart, a technical indicator often signaling continued upward momentum. The Dogecoin price has mostly traded below $0.4 in the past seven days on the back of a continued price consolidation.
Data shared by the Shibburn tracking platform in a recently published X post shows that in the past day the burn rate of the popular meme-inspired cryptocurrency has demonstrated a mind-blowing five-digit increase.
Tesla billionaire Elon Musk has predicted the U.S. could collapse into bankruptcy "super fast"—joking he will "fix" it with a "department named after a meme coin."
The recent surge in the SHIB burn rate has sparked optimism, as evidenced by the recent Shiba Inu price rally. Notably, the burn rate has rocketed more than 4,100% today, bolstering market sentiment amid the already bullish momentum noted in the broader crypto market.
Shiba Inu price continued rising on Saturday, as analysts anticipated big moves ahead, with some expecting it to double, mirroring that of Dogecoin. Analyst Expects Shiba Inu Price To Break Out SHIB price was trading at $0.00002735 on November 23, up by 152% from its lowest point in August this year.
Shiba Inu (SHIB) could be gearing up for a significant price surge following the withdrawal of more than 1.67 trillion SHIB tokens from cryptocurrency exchanges. This massive outflow has raised expectations among analysts that the reduction in available supply could help drive up the price of SHIB.
With Bitcoin price remaining volatile and struggling to reach the $100,000 mark, the altcoin rally is gaining momentum. Despite the 99k buyers and 100k sellers going at it, the smart money is flowing into the altcoin segment.
One analyst outlined the possibility of DOGE reaching $30+ by Jan. 19, 2025, based on historical performance.
Dogecoin price, a leading meme cryptocurrency, has seen a strong rise in value, gaining 235% over the past month. This consistent price growth has placed DOGE among today's top-performing assets.
Dogecoin price has broken a personal record, helped by the rising hopes that Elon Musk's X will launch payments soon. The DOGE token jumped for six consecutive weeks, the longest rally since its inception. It jumped to a high of $0.4785, its highest level since 2021, making it one of the best-performing cryptocurrencies this year.
Serial tech entrepreneur Elon Musk has taken to his official account on the X platform to comment on his recent victory in the probe into his $44 billion deal of purchasing the aforementioned platform.
Dogecoin has proved to be the finest memecoin, as the other memes fell under the bearish influence as the top one started to swell. The liquidity flow onto the token has increased heavily, which has helped the levels to rise above $0.46 at the moment.
DOGE is now just 37% away from a new all-time high.
Dogecoin whales are on a significant accumulation spree, as reports reveal that these large-scale token holders have bought over 550 million DOGE tokens. This massive accumulation trend comes as analysts predict that DOGE may be preparing for a major price leap.
Shiba Inu (SHIB) is currently consolidating after a massive rally earlier this month, which saw the token surge to $0.00003046 (on Binance). However, the momentum waned as SHIB retraced to levels below $0.00002303.
With its spectacular breakout and potential rally toward the $2 mark, XRP has been causing a stir on the cryptocurrency market. Given that XRP has broken through significant resistance levels and shown resilience in continuing on its upward trajectory, the current price action indicates strong bullish momentum.
With Bitcoin ($BTC/USDT) testing six-figure waters and global markets grappling with the dollar's resurgence, the memecoin sector is revving up for its own spotlight
Dogecoin (DOGE) is once again in the spotlight, drawing attention from crypto enthusiasts and analysts. Recent trends suggest growing interest in the popular meme coin, but conflicting indicators leave the market's next move uncertain.
Elon Musk is teasing the long-awaited X Payments feature, as Dogecoin enthusiasts hope he builds it around his favorite meme coin.
The market uptrend sparked by Donald Trump's November 5 US presidential election victory has entered its third week. Increased trading activity has pushed many major cryptocurrencies to new all-time highs, while lower-cap tokens have seen sharp value spikes, delivering significant gains to traders.
Cryptocurrency markets are trading higher, with Bitcoin hovering around $100,000 and Jim Cramer suggesting it is “a winner.” Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $99,254.71 +0.88% Ethereum (CRYPTO: ETH) $3,281.28 -2.1% Solana (CRYPTO: SOL) $253.09 -0.8% Dogecoin (CRYPTO: DOGE) $0.3987 +3.7% Shiba Inu (CRYPTO: SHIB) $0.00002463 +0.3% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 47.5% and daily active addresses growing by 27.2%.
A dog-themed meme asset that rivals Dogecoin (DOGE) and Shiba Inu (SHIB) is flourishing after gaining support from top US-based crypto exchange platform Coinbase. In a new thread on the social media platform X, Coinbase says it's adding support for Floki (FLOKI), a memecoin launched in 2021 inspired by billionaire Elon Musk's pet dog.
Bitcoin trades just a few hundred dollars from $100,000. What will altcoins do if the price milestone is hit?
A crypto analyst has drawn a distinct comparison between the Dogecoin and Shiba Inu price movements, noting that the trajectory of both meme coins closely mirrors each other. While he points out these similarities, the analyst has projected the next bullish target for Shiba Inu as its price action shows signs of a potential uptrend.
Crypto analyst Kevin (@Kev_Capital_TA) has identified a bullish pennant formation in the 4-hour Dogecoin / USD price chart, indicating that a significant price movement could occur by this coming Saturday. In a post on X, Kevin remarks: “Dogecoin is now forming a more defined potential bullish pennant that has multiple touch points on each side with plenty of consolidation time.
Dogecoin has a history of moving on Musk comments or payments-related developments of his companies.
Marjorie Taylor Greene has been appointed to lead the DOGE Subcommittee under Trump's new Department of Government Efficiency. Backed by Elon Musk and Vivek Ramaswamy, the initiative aims to reform federal bureaucracy, slash waste, and promote crypto-friendly policies for blockchain advancement. The post Marjorie Taylor Greene to Lead Doge Subcommittee Chair Under Elon Musk, Vivek Ramaswamy appeared first on Cryptonews.
Dogecoin (DOGE) has experienced one of the highest crypto gains in November amid a Donald Trump-led crypto rally. The leading doggy-themed meme coin spiked to a three-year high price of $0.43, particularly due to its unofficial ties with Tesla and SpaceX CEO Elon Musk, who was recently appointed to co-lead a new Federal agency under the Trump administration called the Department of Government Efficiency — yes, the D.O.G.E.
Dogecoin hit its highest price in over a week, but other altcoins are seeing massive gains as Bitcoin approaches the $100,000 milestone.
The burn rate for Shiba Inu ($SHIB) blew up by 2225% on Thursday amidst a surge of interest in meme coins. Shiba Inu tokens, which collectively have a market cap of $14.
Dogecoin has emerged as one of the top performers in the post-election crypto market rally. But can the memecoin demonstrate utility beyond the hype?
Here's the latest achievement of Shibarium.
Popular crypto trader known by the nickname "DonAlt" recently shared an updated outlook on the price performance of two of the most hyped alternative cryptocurrencies right now: Dogecoin (DOGE) and XRP.
Dogecoin price has soared by over 4% with correspondingly massive Open Interest data in connection to Elon Musk's D.O.G.E.
Large transaction volumes for the memecoin have increased in the last two days from 39 billion to 460 billion - Good news for Floki?
Shiba Inu's daily chart has been consolidating in a triangle pattern, suggesting a possible breakout in the near future. On-chain data does, however, point to a worrying pattern.
This week, we examine Ripple, Cardano, Optimism, Solana, and Dogecoin in greater detail. Ripple (XRP) XRP just had one of the best months in years, and its price increased by 74% this week alone, bringing it close to $1.5.
Bitcoin (BTC) continued towards the $100,000 mark, rising to a new all-time high of $99,314 before declining to its current level of $99,124. BTC is now up 45% since Donald Trump was announced as the winner of the US elections.
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are trading around 3% higher in a single day boosted by the optimism in the cryptocurrency market. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin $0.3923 $57.6 Billion +2.8% +5.3% Shiba Inu $0.00002496 $14.7 Billion +4.2% +3.1% Trader Notes: Analysts see bullish potential for the top two meme coins.
Dogecoin now has a $60B market cap that surpasses some major, established companies—even though it's still 48% below its all-time high! Dogecoin has shown considerable demand over the past two weeks, rising in value by 98%. However, analysts suggest that this momentum could continue, with a long-term price target of up to $2.4.
SHIB is gearing up for a massive bullish breakout as analysts predict a major upside for the altcoin, citing multiple bullish patterns. In a Nov.
Dogecoin has risen by 1.5% in the past 24 hours, with some analysts now predicting that it will reach new all-time highs next year. The post Is Dogecoin Entering A Parabolic Surge? Analysts Predict DOGE Price to Peak Above $20 appeared first on Cryptonews.