Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Dogecoin
Dogecoin Price Recovery May Stall: Resistance Levels to Watch
Dogecoin struggled to recover above the $0.1150 resistance zone against the US Dollar. DOGE is consolidating and might extend losses below $0.100. DOGE price is struggling to clear the $0.1150 resistance zone. The price is trading below the $0.1080 level and the 100-hourly simple moving average. There is a short-term bearish trend line forming with resistance at $0.1050 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price must settle above $0.1080 and $0.1150 to gain…
11 months ago
Dogecoin Co-Founder Disputes Dark Traits Study on Crypto Holders
Study links crypto holders to dark personality traits; Markus disagrees. DOGE price shows mixed performance; potential for future gains. In a recent tweet, Billy Markus, co-founder of Dogecoin (DOGE), criticized a study that claims cryptocurrency investors have certain “dark traits” of personality, notably the “dark tetrad.” The cryptocurrency community has been very divided over this study, which the Independent reported on. The Study’s Controversial Claims The study polled 2,001 people in the United States and asked if they held any…
11 months ago
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DogecoinDogeLend Presale Live: Capturing the Spirit of Dogecoin with a Fresh Twist
London, UK, July 6th, 2024, Chainwire DogeLend, a newly launched ERC20 token, aims to capture the viral appeal of Dogecoin while offering a unique twist. This press release provides news on DogeLend's concept, market positioning, and strategic plans. The Rise of Dogecoin and Meme Coins Dogecoin, originally created by Billy Markus and Jackson Palmer as a satirical response to cryptocurrency hype, evolved into a significant cultural phenomenon. Its unexpected rise in value has highlighted the potential of meme coins. However,…
11 months ago
Dogecoin Vs. Shiba Inu Vs. PEPE: Comparing The Profitability Of The Top Meme Coins
Holders of the top meme coins have witnessed rough price action in the past few weeks. The majority of meme cryptos have crashed hard during the last week, with losses of over 20% in each asset across the board. Particularly, holders of the top meme coins Dogecoin, PEPE, and Shiba Inu have been disappointed, as the price drop means many of them have now fallen out of profitability. Interestingly, IntoTheBlock’s “In/Out Of The Money” metric shows a varying level of…
11 months ago
Analyst Who Predicted Shiba Inu and Dogecoin Crash Now Says Altcoin Bull is Likely
The post Analyst Who Predicted Shiba Inu and Dogecoin Crash Now Says Altcoin Bull is Likely appeared first on Coinpedia Fintech News Meme coins revived the altcoin market, as many of them pulled off price pumps when Bitcoin crossed the $60,000 mark over the weekend. Even Shiba Inu and Dogecoin, predicted to crash in June, have gotten favourable predictions from analysts. However, while several altcoins are just entering their price recovery phases, a new DeFi token is in presale and…
12 months ago
Dogecoin Decimated: $5 Million Liquidation Sparks 14% Price Plunge
Dogecoin (DOGE) is getting battered by the recent crypto market downturn. The meme-based cryptocurrency took a significant hit this Thursday, dropping 14% in value in the last 24 hours. Long Positions Liquidated According to Coinglass, a crypto derivatives data platform, DOGE saw a whopping $4.8 million in long positions liquidated. This signifies that investors who bet on DOGE’s price increase got squeezed as the price went down. Conversely, short positions (bets on a price decrease) saw minimal liquidations at just…
12 months ago
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DogecoinDogecoin Faces Crucial Test at $0.1184 Support Amid Profit-Taking Pressure
Dogecoin (DOGE) joins the broad market in the ongoing bloodbath, declining by 8% in the last 24 hours and recording almost $5 million in liquidation. Another analyst predicts that DOGE could rise to $1 in its final wave of the Elliott Wave theory. Dogecoin (DOGE) is one of the biggest losers among large-cap cryptos, declining by 8% in the last 24 hours and 10% in the last seven days to trade at $0.1103. Amid this backdrop, its 24-hour trading volume has…
12 months ago
Traders Accumulating This Cheap Altcoin While Dogecoin (DOGE) and Polygon (MATIC) Price Shows Uncertainty
The winds of change are blowing in the crypto market. While established altcoins like Dogecoin (DOGE) and Polygon (MATIC) face choppy waters, a cheap new player is charting its course towards calmer seas. DTX Exchange, with its focus on transparency, security, and a feature-rich platform, is attracting investors seeking a reliable and potentially lucrative alternative. This article will explore the reasons behind the current uncertainty surrounding DOGE and MATIC, and delve into why DTX Exchange might just be the safe…
12 months ago
Dogecoin Eyes $2 as Memecoin Supercycle Gains Momentum, Analysts Say
Dogecoin is in the spotlight, with a top analyst projecting a $2 rally ahead. Despite this bullish outlook, bottlenecks are ahead that might suppress this rally. In a bold forecast, popular pseudonymous analyst Kaleo says the current memecoin supercycle could cause Dogecoin (DOGE) to soar to $2. The analyst’s prediction is based on Dogecoin’s historical performance, which led to an All-Time High (ATH) for the memecoin. Dogecoin Trading Sideways, But With Explosive Potentials The analyst acknowledges that DOGE has exhibited…
12 months ago