DOGE is hovering near $0.16, with analysts eyeing either a massive 250% rally or a steep drop to $0.06 if support fails.
Crypto markets have been rocky so far in 2025. Nearly every major name has lost value this year, Shiba Inu (SHIB -0.80%) included.
On-chain data shows Dogecoin and XRP have recently been seeing the sharpest decreases in Supply in Profit out of the major cryptocurrencies. Dogecoin & XRP Have Seen A Notable Drop In Profitability During Last 30 Days In a new post on X, the on-chain analytics firm Glassnode has discussed about the latest trend in the Supply in Profit for the major assets in the cryptocurrency sector.
Despite a prolonged bearish trend, Shiba Inu's current technical indicators indicate that the worst may already be over. The data presents a somewhat different picture despite persistent concerns that SHIB might add another zero to its price.
Dogecoin (DOGE) is currently trading at $0.173, showing minor losses and reflecting market indecision. The meme coin is consolidating within a tight range marked by three critical levels that could determine its next move.
Shiba Inu (SHIB) is consolidating near a crucial support level at $0.000012, a zone that has historically sparked reversals. Currently trading at $0.00001245, SHIB faces a pivotal moment as bulls and bears grapple for control.
Dogecoin shows strong recovery potential with whale accumulation and technical breakouts pointing to a possible 270% rally if key resistance levels break.
Whales just grabbed 220M DOGE as Dogecoin flashed a rare technical signal.
A renowned crypto analyst caused a huge market stir by forecasting a highly bullish outlook for Dogecoin price this Thursday. Market expert Ali Martinez revealed that a roughly 250% rally for the dog-themed meme coin to the $0.5 level looms.
With bullish sentiment gradually returning to the broader crypto market, Dogecoin, the largest dog-themed meme coin, has recovered briefly from recent bearish pressure. As upside momentum builds, many crypto analysts are predicting a potential rally for DOGE, which indicates that the bearish performance will soon come to an end.
XRP, Solana (SOL), and Dogecoin (DOGE) have recorded the largest percentage drops in supply currently in profit, according to on-chain analytics firm Glassnode. Over the past 30 days, these cryptocurrencies saw a significant decline in the Percent Supply in Profit metric, reflecting reduced investor profitability as prices fell across the market.
Dogecoin is currently negotiating a narrow trading range that is surrounded by three significant levels of support and resistance that could impact it in the near future. The asset is currently trading at $0.173, down a little for the day and exhibiting signs of indecision as it lingers in the middle of the price range.
Dogecoin's price took a sharp downturn this week following a surprising update from Elon Musk that left much of the Dogecoin community dejected. The billionaire, known for his unpredictable influence on digital assets, especially DOGE, recently clarified the distinction between the Department of Government Efficiency (D.O.G.E.
Shiba Inu price remains volatile hovering around the $0.000012 mark on Wednesday, April 2. Historical market trends offer insights into how SHIB price could react if Ripple (XRP) price races towards the $5 mark in the months ahead.
Dogecoin (DOGE) continues to face significant selling pressure, with the popular meme coin shedding more than 12% of its value over the past seven days.
Cryptocurrency markets are surging ahead of a crucial tariff announcement by President Trump. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $86,692.07 +2% Ethereum (CRYPTO: ETH) $1,912.93 +0.2% Solana (CRYPTO: SOL) $131.12 +3.4% XRP (CRYPTO: XRP) $2.15 +0.8% Dogecoin (CRYPTO: DOGE) $0.1740 +1.2% Shiba Inu (CRYPTO: SHIB) $0.00001268 -0.04% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 18.6% and daily active addresses growing by 4.7%.
The crypto market volatility has erased gains recorded after the last dip. Recent fluctuations in the top crypto prices have taken their toll on meme coins, leading to whales plunging into panic mode.
While Shiba Inu (SHIB) falters today, metrics and recent price action suggest underlying strength. The post What's Fueling SHIB's 5% Rally? Metrics Say This Is Just the Beginning appeared first on Cryptonews.
Bitcoin (BTC) bulls have pushed the price above the $87,000 level even as US trade tariffs are slated to kick in on April 2. Bitcoin may remain volatile in the near term, but analysts remain bullish for the long term.According to Fidelity analyst Zack Wainwright, Bitcoin is currently in an acceleration phase, which “can conclude with a sharp, dramatic rally” if history repeats itself.
Coincodex's machine learning algorithm predicted that the Dogecoin price could surge 229.55% to $0.57. The algorithm also revealed when the foremost meme coin could reach this price target.
The crypto market shows bullish potential, with the global market cap increasing by 2.1% over the previous day. Despite the recovery following epic liquidations, Ripple's associated XRP, Solana (SOL) and Dogecoin (DOGE) demonstrate uniform bearishness in a key metric: the percent supply in profit.
The popular meme-inspired cryptocurrency Shiba Inu (SHIB) seems to be missing from the headlines lately. However, this may soon change, as despite the lack of action on the price chart of SHIB amid all the broader crypto market turmoil of late, behind the scenes, in the on-chain realm, SHIB is still active.
VanEck has filed for approval for a new spot exchange-traded fund (ETF) tracking the price of BNB, the native crypto of the Binance-linked BNB Chain.
Market sentiment comes into play as Shiba Inu tries to flip a 550 trillion resistance bubble into support.
With “Liberation Day” announcements looming, traders are eyeing key altcoins that could react strongly to a shift in market sentiment. XRP, Dogecoin (DOGE), and Bittensor (TAO) have all shown heightened volatility recently, positioning them as prime candidates for sharp moves.
A commodity strategist has observed that meme cryptocurrency Dogecoin's (DOGE) market trends could be mirroring larger economic shifts, particularly those influenced by trade policies.
Cryptocurrency market prices experienced turbulent movements on April 2, with most altcoins facing notable pressure across the market. Although Bitcoin remained above $65,000, its rally showed signs of fading momentum.
Shiba Inu has torched more than 115 million SHIB in its sustained deflationary push, a positive shift that is yet to impact the memecoin's price.
The Dogecoin price is once again at are critical point after retesting the mutli-year trendline. However, according to two chartists the popular meme‐inspired token could be on the verge of a major breakout.
A senior advisor at the US Justice Department (DOJ), Christopher Stanley, boasted about his past involvement in hacking and distributing pirated software, according to archived copies of his former websites. Stanley, who worked for both Elon Musk's companies, X and SpaceX, now holds an advisory capacity in the Deputy Attorney General's office.
Dog-themed cryptocurrency Shiba Inu (SHIB) has recorded 2.38 trillion SHIB in transaction volume over the last 24 hours, according to IntoTheBlock data. This figure might seem impressive, but it represents a drop from 4.54 trillion SHIB recorded on March 31.
The bounce back has not lasted long, and most of the coins are back to the red zone, according to CoinMarketCap.
The meme coin frenzy surrounding Dogecoin (DOGE) and Shiba Inu (SHIB) is seeing a seismic shift as traders pivot to a new high-potential crypto coin: Rexas Finance (RXS). Unlike traditional meme coins, RXS offers real-world asset tokenization, unlocking access to lucrative markets such as real estate and gold.
Shiba Inu price has remained in a consolidation phase in the past few weeks. It dropped from a high of $0.00003322 in November and has stalled at the crucial support level at $0.00001240.
Data shared by popular blockchain tracker Shibburn, which monitors large SHIB transactions to dead wallets and then shares the details on its website and X account, has revealed that over the past day, there has been a massive five-digit increase in the Shiba Inu burn rate.
The crypto market registered a marginal uptick over the past 24 hours despite several altcoins crashing on April Fools' Day. Despite the altcoin crash, the crypto market cap is up 0.50% and currently sits at $2.7 trillion.
Just 24 hours ago, the crypto market seemed like a prosperous place after days, if not weeks, of uncertainty. Even the popular Fear & Greed indicator made it back into greed mode and reached a reading of 44.
Dogecoin (DOGE) is showing resilience on the market as the bearish trend for Bitcoin and altcoins is mildly showing up. Dogecoin's price was changing hands for $0.1695, down by 2.11% in the past 24 hours.
A top employee of billionaire Elon Musk who is now working in the U.S. Justice Department previously bragged about hacking and distributing pirated software, according to archived copies of his former websites reviewed by Reuters.
Shiba Inu rebounds from recent drop while its Shibarium network reaches one billion transactions in under two years, suggesting growing adoption despite price volatility.
Whales (investors holding between one million and ten million tokens) currently control around 7% of DOGE's circulating supply.
With a slight rise in the bullish strength, memecoins rebounded the hardest, as they do each time, with Dogecoin, FLOKI, Pepe & Bonk leading the recovery. The recovery in the DOGE price was followed by a drop of over 4% triggered by Elon Musk's comment of Dogecoin not being adopted by the government.
The SHIB community is once again surfing optimistic tides within the crypto realm with a staggering 12,000% uptick in the Shiba Inu burn rate and a key Shibarium milestone achieved lately. On Wednesday, April 2, burn statistics signaled that over 115 million coins were removed from the circulating supply, whereas transactions on the Layer 2
Dogecoin shows bullish momentum with whale accumulation and technical breakouts pointing to potential rallies toward $0.22-$0.25 in the near term.
Cryptocurrencies are coming off a strong year in 2024, the total value of all coins and tokens in circulation having soared to a new record high of $3.9 trillion shortly after the U.S. presidential election in November. President Trump campaigned on a series of pro-crypto policies that could pave the way for new use cases and a fresh wave of value creation in the future.
Shiba Inu's price has gone down nearly 5% in the past day of trading. Meanwhile, Shibarium's total transaction volume has exceeded 1 billion for the first time in history.
Dogecoin (DOGE) price has been stagnant over the past week, dropping by 10% in the same period. Despite some recovery in the broader crypto market, the meme coin is still eyeing for more gain ahead.