Dogecoin

The crypto industry is now going through another turbulent period, as evidenced by price data in the past week. Dogecoin, the largest meme cryptocurrency, has particularly led the meme sector in price declines, with most meme coins failing to attract inflows. At the same time, the lacklustre price action has been reflected by a dip in enthusiasm from supporters, according to data analytics. Per data from Santiment, Dogecoin sentiment based on positive mentions across the internet has fallen to its…

The on-chain analytics firm Santiment has revealed that Dogecoin and Cardano are two assets that look “very bullish” according to this metric. Dogecoin & Cardano Currently Have Low 30-Day MVRV Ratios In a new post on X, Santiment has discussed about how some of the top assets in the cryptocurrency sector are looking like right now in terms of the Market Value to Realized Value (MVRV) Ratio. The MVRV Ratio is a popular on-chain indicator that keeps track of the…

Arthur Hayes, the former CEO of BitMEX, announced investments in PENDLE and DOGE. Hayes predicted a Dogecoin ETF launch before the current market cycle ends, highlighting its cultural and financial significance. Arthur Hayes, former CEO of BitMEX and prominent cryptocurrency investor, announced via Twitter his recent investments in $PENDLE and $DOGE. Hayes expressed enthusiasm for the current “choppy sideways to down” price action in the cryptocurrency market, seeing it as an opportunity to bolster his portfolio.  I'm loving this choppy…

X (formerly Twitter) is on the brink of launching a peer-to-peer payment functionality, advancing toward its vision of making it an “everything app”. Although X plans to initially integrate fiat currencies, the platform’s development hints at the potential future integration of cryptocurrencies. X CEO Linda Yaccarino has announced that X (former Twitter) is on the brink of launching a peer-to-peer payment functionality.  Speaking at the  Cannes Lions International Festival of Creativity in France,  X CEO Linda Yaccarino highlighted the great…

Meme coins, the once-dismissed “joke” tokens, are rapidly solidifying their position in the multi-trillion-dollar scene. According to CoinMarketCap, meme coins now command a cumulative market cap of over $45 billion. Interestingly, they are on an upward trajectory as thousands of meme coins are minted predominantly on top platforms like Solana, Ethereum, and Base. Analysts and investors are taking notice as meme coins like BOME, PEPE, and Dogecoin boom. Most predict this subset of crypto will expand and become a core…

The post Dogecoin Finds Major Bullish Catalyst in Elon Musk X Payments appeared first on Coinpedia Fintech News Elon Musk’s grand vision for X, formerly known as Twitter, includes transforming the platform into an all-encompassing app, complete with payments, audio and video calls, news, and even dating. What is the most intriguing part of this ambitious project? The integration of Dogecoin, the popular meme coin Musk has often championed, into X Payments. According to Bloomberg, Linda Yaccarino, CEO of X,…

Data shows social media users have been showing a negative sentiment towards XRP, Dogecoin, and Shiba Inu after their plunges in the past day. FUD Has Engulfed Traders Towards These Altcoins After The Latest Crash According to data from the analytics firm Santiment, the sentiment around XRP (XRP), Dogecoin (DOGE), and Shiba Inu (SHIB) has seen a significant drop recently. The indicator of interest here is the “Weighted Sentiment,” which derives its value from two other metrics: Sentiment Balance and…

Ethereum (ETH), Dogecoin (DOGE), and even Bitcoin (BTC) are experiencing significant price declines, mirroring a broader market correction. While some analysts remain optimistic about Bitcoin's long-term potential, predicting a rise to $300,000, the current market climate has many re-evaluating their investment strategies. This has led some analysts to explore safer alternatives, with ETFSwap (ETFS) emerging as the safest bet.  ETFSwap (ETFS) Emerges As A Potential Alternative During Market Downturn The emergence of ETFSwap (ETFS) during this state of a broader market…

The post DADDY Meme Coin Soars, Analysts Predict Massive Price Pumps for Dogecoin and Angry Pepe Fork appeared first on Coinpedia Fintech News Celebrity meme coins are gaining momentum in the market every day. Several celebrities including the likes of Davido, Iggy Azalea, and many others, have joined the trend. The latest celebrity-backed memecoin that is causing commotion is Daddy Tate. Its bullish price movement has attracted attention in the past week. Meanwhile, two top meme coins, Dogecoin and Angry…