Whale bought 337.09 billion PEPE tokens worth $6.92 million from Binance.

An obstacle has been encountered in Bitcoin's ascent to the elusive $100,000 milestone, prompting traders and investors to wonder what is preventing the top cryptocurrency from reaching its full potential. Although Bitcoin has recently experienced bullish momentum that brought it near $100,000, the psychological barrier has not been broken.

Crypto analyst Jacob Canfield has raised the possibility of the Dogecoin price replicating the recent XRP rally. This came as the analyst highlighted similarities between Dogecoin's recent price action and XRP's.

Why Some of the Market's Favorite Altcoins Were Soaring Today

A wallet linked to the United States government has transferred over 54 billion Shiba Inu (SHIB) tokens to a newly created wallet. Popular blockchain analytics platform Arkham Intelligence indexed the transaction on December 3.

Bitcoin came within hundreds of dollars of the vaunted $100,000 milestone on Wednesday, with ETH, DOGE, and other assets rising alongside.

The U.S. government's latest crypto transfers include $18 million in ETH and $13 million in BUSD amid a market rally.

Cryptocurrency markets are trading higher on Wednesday, bolstered by Federal Reserve Chair Jerome Powell calling it “digital gold.” Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,718 +1.6% Ethereum (CRYPTO: ETH) $3,838 +6.0% Solana (CRYPTO: SOL) $230.86 -3.2% Dogecoin (CRYPTO: DOGE) $0.4222 +2.2% Shiba Inu (CRYPTO: SHIB) $0.00003057 +6.2% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 10% and daily active addresses down by 0.3%.

Dogecoin price, the popular meme-based cryptocurrency, has seen a remarkable 181% surge in value over the past month. This significant price spike has captured attention across various trading platforms, positioning DOGE among the top gainers.

The Dogecoin price action in the past 48 hours has been highlighted by a consolidation below the $0.45 price level. Interestingly, technical analysis shows that this consolidation is part of a bullish pennant that has been in formation since early November.

Despite price consolidation, Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) have maintained strong bullish momentum, buoyed by broader market recovery and community enthusiasm. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.4158 $61.1 billion +2.6% +3.7% Shiba Inu (CRYPTO: SHIB) $0.00003006 $17.7 billion +7.2% +18.7% Pepe (CRYPTO: PEPE) $0.00003006 $9 billion +9% +8.3% Trader Notes: Crypto trader Scofield highlighted a bullish chart pattern, saying everything is going as planned: $DOGE Update Going exactly as planned pic.twitter.com/BnsAIYlRmw — Scofield (@Crypto_Scofield) December 4, 2024 Technical analyst Kevin notes that in Dogecoin's previous cycle, after a major rally, the token consolidated for 24 days before surging to a macro golden pocket.

US crypto exchanges like Binance.US and Coinbase are making big moves into memecoins.

Bitcoin may consolidate in the near term while select altcoins continue to outperform.

Dogecoin has entered a consolidation phase, holding below its recent local high of $0.48. Despite showing signs of bullish momentum, the price has struggled to break above key resistance levels, leaving traders and investors anticipating its next move.

The Shiba Inn (SHIB) price is looking perky in wake of an exciting new Shibarium upgrade, the could help power further development in layer-2 Ethereum scaling blockchain ecosystem. The post Shibarium Upgrade Sparks SHIB Rally – Can It Propel Shiba Inu to $1? appeared first on Cryptonews.

BIT Mining remains a leading player in Litecoin and Dogecoin mining, reporting significant hash rate contributions and profitability driven by LD3 miners. The company highlights its strategy to adapt to market trends and optimize mining hardware for consistent returns in altcoin mining. The post BIT Mining Continues Focus on Litecoin and Dogecoin Mining appeared first on Cryptonews.

Dogecoin appears primed for a possible breakout to $1. Cointelegraph explains why.

The USA Government has just carried out a transaction involving the cryptocurrency Shiba Inu for an amount of about 1.6 million dollars.

The price of Dogecoin (DOGE) has fallen below the $0.45 level. Since November 12, buyers have failed to sustain the price above the $0.45 level.

Will whale accumulation spree push DOGE to $10?

An unknown major investor recently withdrew over 80 billion Shiba Inu (SHIB) tokens from leading U.S. crypto exchange Coinbase. According to on-chain data from Arkham Intelligence, the previously empty wallet under the code "0xE0624" began actively transferring SHIB tokens from Coinbase today and managed to add $2.39 million worth of Shiba Inu to its holdings in 13 hours.

BinanceUS plans to add Pepe-The-Frog-themed meme coin Pepe to its trading platform.

The listing of PEPE on Binance.US highlights the growing influence of meme coins in mainstream crypto markets, potentially attracting new investors. The post PEPE price soars on Binance.US listing news appeared first on Crypto Briefing.

Dog-themed cryptocurrency Shiba Inu (SHIB) has experienced a significant price increase of 7% within the last 24 hours. Within this time frame, the volume of large transactions, which refers to those greater than $100,000, came in 10.43 trillion SHIB tokens, or $299.13 million, according to IntoTheBlock data.

Shytoshi Kusama teases SHIFU, a new Shiba Inu meme coin, promising airdrops, sparking excitement, skepticism, and ecosystem growth.

The market is mostly bullish; however, there are some exceptions to the rule, according to CoinMarketCap.

Shiba Inu price has risen substantially at a time when meme coins are struggling amid altcoin rally. Here's why SHIB's upside will extend.

Amid the growing bullish market, Dogecoin is sustaining its bullish trend and preparing for a new breakout rally. With buyers keeping the market price floating above the $0.40 mark, the chances of a bullish trend have significantly increased. With the broader market bounce back, the DOGE coin could witness a surge beyond the $0.

With Bitcoin ($BTC) heading back up once more, some of the altcoins are breaking out. That said, the memecoin niche is the one to watch.

After a staggering rally exceeding 200% in the first two weeks of November, Dogecoin (DOGE) has entered a consolidation phase. Crypto analyst Kevin (@Kev_Capital_TA) suggests this could be the calm before the storm, hinting at a potential surge similar to a previous market cycle.

PEPE meme coin has surged due to major whale accumulations, with one prominent holder amassing 337.09 billion PEPE in just 20 days.

Shiba Inu's lead developer, Shytoshi Kusama, has made the crypto community excited by spotlighting a new meme coin, SHIFU through his tweet post. This latest dog-themed coin is already gaining traction, particularly because of its ties to Shiba Inu's ecosystem, one of the most successful meme coins in the market.

Peanut the Squirrel (PNUT) achieved a $1 billion market cap in just 11 days, significantly faster than Dogecoin (DOGE), which took over four years.

Shiba Inu (SHIB) has been experiencing an impressive rally recently, witnessing a price surge of 72% in the past month. This significant uptick has been accompanied by a marked rise in activity across its network, with new wallets joining and an increase in address engagement.

Both Solana (SOL) and Pepe (PEPE) registered whale wallet activity. Whales may indicate an extension of the meme super cycle, or simply prepare for a bigger overall rally.

Shiba Inu's network experienced a dramatic surge in early December 2024 with 7,600 new wallets and $857 million in peak transaction volume, followed by a steep decline to $176.94 million in volume and a return to normal activity levels.

Shiba Inu (SHIB) is capitalizing on the broad revival in the digital currency ecosystem to chart a bullish growth trend. After dropping as low as $0.00002713 over the past 24 hours, the token has managed to breach the $0.00003 price mark in an unexpected rebound push.

Dogecoin whales have purchased 160 million DOGE over a weekend period, accompanied by increased trading volumes and broader market participation, while moving their acquisitions to private wallets for apparent longer-term holding.

The crypto market cap hits a new all-time high (ATH) today, surpassing the $3.50 trillion landmark. The Altcoin Season Index by platforms including Blockchain Center and CoinMarketCap indicated the market has entered altcoin season, with confirmation from one of the top analysts Markus Thielen, CEO of 10x Research.

Shiba Inu price, a popular meme-based coin, has gained significant attention this month. With a 230% increase in value over the past year, SHIB has generated excitement among investors.

Dogecoin is riding the Trump-Musk wave right now, but history suggests it won't last.

PEPE token experiences massive whale accumulation of over 337 billion tokens in December 2024, while long-term holders reduce positions and short-term traders increase by 262%.

Data shared by the Shibburn tracker in a recently published tweet reveals that over the last day, the SHIB burn metric has skyrocketed to a high that has not been seen for a long while.

Shiba Inu lead developer Shytoshi Kusama captured noteworthy market attention on Wednesday, highlighting a new meme coin launch. Notably, the lead developer posted on the social media platform X, bringing attention to the new dog-themed coin SHIFU.

Can Dogecoin reach $1 in 2024? Explore Dogecoin's key price levels, chart analysis, and the path to breaking $0.50.

PEPE is currently the 28th-largest cryptocurrency.

In the past 24 hours, the cryptocurrency market experienced a significant wave of liquidations, totaling more than $588 million.