Shytoshi Kusama, the pseudonymous lead of the Shiba Inu team, has been debating with SHIB enthusiasts on X and revealing interesting details about his work schedule. He also poured cold water on the idea of some SHIB enthusiasts as to how the SHIB burn mechanism works in reality.
Bitcoin (BTC) stalled after coming within touching distance of $100,000 as the cryptocurrency reached a peak of $99,655 before declining to its current level. BTC is marginally down over the past 24 hours but registered a substantial decline over the weekend and dipped to a low of $95,816 late on Sunday before recovering.
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Recent movements of the Dogecoin price have seen the meme cryptocurrency breaking to the upside of a bull flag pattern. This bull flag pattern took shape during a consolidation that began after the Dogecoin price reached a new yearly high on November 12.
Dogecoin (CRYPTO: DOGE) rallied 17% over the past week, spurred by speculation around Elon Musk's X Payments platform potentially incorporating DOGE. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.4254 $62.5 Billion +2.3% +17% Shiba Inu (CRYPTO: SHIB) $0.00002593 $15.3 Billion +2.7% +5.9% Pepe (CRYPTO: PEPE) $0.0000202 $8.5 Billion +1.5% -3.4% Bitcoin (CRYPTO: BTC) $98,129.53 $1.94 Trillion +0.7% +8.4% Trader Notes: Macro guru Raoul Pal highlighted that Dogecoin has outperformed Bitcoin by surging 550% since its launch, calling it “harder money” in this context and predicting potential continued outperformance.
The broader crypto market is in unchartered territory, and some Dogecoin (DOGE) whales are potentially looking for an escape route. According to an on-chain transaction spotted by crypto tracker Whale Alert, an anonymous whale just transferred 197,606,395 DOGE to Coinbase exchange.
Can you guess which 3 tokens made it into our 2024 top 3 performers' list? Take a guess and find out in our article!
The Dogecoin Foundation, a nonprofit organization developing open-source products for the Dogecoin ecosystem, recently declared an ambitious target for 2025.
Musk's "$" post sparked X Payments rumours, raising hopes for Dogecoin's inclusion. Dogecoin rose 2.3%, up 227% in the past month and 87% in the past week.
Within a crucial support cluster of 470 billion tokens (at the time of the writing), Shiba Inu is retaining its position and offering a temporary area of stability. Nevertheless, in contrast to prominent players like Bitcoin, Ethereum and XRP, its performance is noticeably stagnant.
The Shiba Inu community has launched a petition urging Binance to list Bone ShibaSwap (BONE), a pivotal token within the Shiba Inu ecosystem. This move aims to strengthen the ecosystem's growth and enhance the interconnected utility of its tokens—SHIB, BONE, and LEASH.
Billy Markus, known on social media as Shibetoshi Nakamoto, who created Dogecoin in collaboration with Jackson Palmer in December 2013, continues to issue posts supporting Elon Musk and his ventures.
Rising rapidly, Dogecoin (DOGE) has spurred debates about its ability to recover its all-time high (ATH) of $0.74 and maybe even exceed it. At $0.3862, the live Dogecoin price shows a remarkable 24-hour trading volume of $8.28 billion as of writing. DOGE has jumped by 178.
The broader digital currency ecosystem trends have called for caution among crypto investors as total market liquidation has surpassed the $490 million threshold. According to data from CoinGlass, the total liquidation has impacted over 185 traders as top altcoins Dogecoin (DOGE) and XRP come into focus.
Shiba Inu (SHIB) became well-known in cryptocurrencies by turning little investments into riches over its explosive climb. But as the token ages and its market fills, the explosive potential that once distinguished it starts to fade.
The meme coin mania of the past few weeks pushed Shiba Inu's (SHIB) price to an eight-month high of $0.000030 on November 12. Due to this hike, a significant portion of SHIB's supply is now profitable.
Whale wallets holding SHIB have increased their positions by 425% during a period of price consolidation near $0.000029, while trading volume and open interest decline.
Dogecoin displays bullish technical patterns as analysts project a potential surge to $0.82, while maintaining current support at $0.42 amid strong market indicators and increased institutional interest.
DOGE, XRP and XLM are the most traded cryptocurrencies on Upbit since Donald Trump's election victory. The latest activity points to a pivot toward metaverse tokens.
Dogecoin hit a three-year high of $0.48 on Nov. 23, 2024, fueled by growing speculation around Elon Musk's X platform.
In a new analysis, prominent crypto analyst Miles Deutscher unveiled his thesis on a crypto he believes could rival Dogecoin in this market cycle. With a following of over 550,000 on X and 208,000 YouTube subscribers, Deutscher's insights carry significant weight in the crypto community.
BitMEX founder and crypto veteran Arthur Hayes is laying out bullish outlooks for Bitcoin (BTC), Dogecoin (DOGE) and the broader digital asset market cycle. In a new discussion on the Alpha Only podcast, Hayes says traditional finance (TradFi) firms could be what triggers froth and a subsequent collapse in crypto valuations.
Bitcoin (BTC) experienced a sharp price decline, falling from last week's high of $98,500 to a low of $95,500 during late US trading hours on Sunday. The 3.5% drop marked a technical pullback driven by profit-taking as the token approached the significant $100,000 milestone.
Whales holding $1 million to $10 million worth of SHIB tokens have increased their holdings by 425%.
As Bitcoin (BTC) closed the third consecutive week in the price discovery phase, the altcoin space gained significant bullish sentiment. During the past week, the altcoin market – led by Stellar Lumens (XLM), Decentraland (MANA), and The Sandbox (SAND), among others – registered palpable gains.
Bitcoin experienced a significant drop from $98,500 to $95,500 Sunday, triggering a broader market decline. The volatility led to over $500 million in futures liquidations, predominantly affecting smaller altcoins and midcap futures.
The last couple of weeks were extremely bullish for the markets as the star token, Bitcoin, led a steep rise close to $100K. This caused a momental shift in the popular altcoins like Dogecoin, which woke up from a prolonged consolidation and surged above their pivotal resistance.
Last week was another positive period for the Dogecoin price. After concluding the prior week in a phase of consolidation, the meme cryptocurrency carried this trend into the early days of the new week.
Large Shiba Inu transactions surged by 148% in 24 hours, reaching $300.98 million. Despite this, SHIBs price has declined 9.05% to $0.00002486, signaling cautious sentiment in a bearish cryptocurrency market.
As whale activity increases and the price approaches crucial resistance levels, Dogecoin has been garnering a lot of attention. Market conditions point to the potential for another wave that aims for the eagerly awaited $1 mark following a robust rally that lifted the meme coin above $0.5.
Shiba Inu (SHIB) has been consolidating in a tight triangle pattern on its daily chart, a technical setup that often precedes a breakout or breakdown. However, on-chain data is raising concerns about the asset's stability.
Dogecoin was on track to test its all-time high, but there might be a hindrance ahead.
Shiba Inu's lead developer, Shytoshi Kusama, has addressed a growing wave of requests from investors hoping for a major price rally for the token. The call for a “moonshot” has intensified as the crypto market continues its bullish trend, particularly with Bitcoin nearing new all-time highs.
No Rest For the Wicked: Another Big Weekend Move for Dogecoin
A market analyst says Shiba Inu (CRYPTO: SHIB) could experience a massive rally, predicting gains exceeding 2,000%. What Happened: The forecast has sparked excitement among the cryptocurrency's community as SHIB continues to gain traction as a leading meme coin.
Arthur Hayes, the former CEO of Bitmex, has shared his thoughts on the future of cryptocurrencies and issued some bold predictions about Bitcoin (BTC) and Dogecoin (DOGE) in a recent podcast. Thus, the entrepreneur thinks Bitcoin could reach $100,000 by the end of 2024, and maybe even $250,000 by the end of 2025.
The market has turned to red at the end of the week, according to CoinStats.
Widely followed crypto trader Rekt Capital says that Ethereum (ETH) rival Avalanche (AVAX) is positioning itself for another big rally to new price targets. Rekt Capital tells his 514,000 followers on the social media platform X that AVAX has turned the $38.
Bears have turned out to be more powerful than bulls on the last day of the week, according to CoinMarketCap.
It's another recent milestone for Dogecoin, but the market is now red with Bitcoin down and DOGE and other meme coins falling hard.
According to IntoTheBlock data, Shiba Inu has seen a 148% surge in large transaction volume in the last 24 hours.
Catslap token price has hurtled to a new all-time high of $0.0069 and a corresponding market cap of $62 million. The post DOGE, Pepe, Popcat Stall But New Meme Coin Catslap (SLAP) Price Explodes 50% Today appeared first on Cryptonews.
Shytoshi Kusama, the anonymous lead spokesperson of the Shiba Inu (SHIB) ecosystem, has taken to X to highlight the popular meme-inspired cryptocurrency's position among the market's top performers.
With the help of profitability metrics and on-chain data, Shiba Inu is getting ready for a possible market shift. As key addresses move into profitable zones, 74 trillion SHIB is expected to become active potentially leading to a significant directional shift in the tokens price dynamics.
The cryptocurrency market is gaining momentum, with leading analyst Ali Martinez sharing optimistic forecasts for three major digital assets: Binance Coin (BNB), Bitcoin (BTC), and Shiba Inu (SHIB). His analysis points to substantial gains, provided these assets clear critical resistance levels.
According to CoinGecko data, Stellar (XLM) has managed to surpass Shiba Inu (SHIB) by market cap following a massive rally.
Crypto analyst Master Kenobi has made a bold two-day prediction for the Dogecoin price, stating that it will hit a new all-time high (ATH) in the next two days. The analyst highlighted Dogecoin's Relative Strength Index (RSI), which he suggested is very bullish for the meme coin at the moment.
The Dogecoin price has entered another stage of bullish momentum that has reignited inflows from traders. Notably, the DOGE price has surged by about 16.3% over the past 24 hours.