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
Crypto Analyst: Dogecoin and Solana Reach Critical Juncture, Make-It-or-Break-It Levels Approaching
Dogecoin and Solana have reached critical price points and could see a rebound soon. Crypto analyst CrediBull Crypto suggests Bitcoin’s reversal could drive up Dogecoin and Solana. Dogecoin (DOGE) and Solana (SOL) have reached a pivotal moment in their market trajectories, as crypto analyst CrediBull Crypto highlighted. With both cryptocurrencies hitting crucial levels simultaneously, there is speculation about potential market rebounds. $SOL, like $DOGE is also at the make it or break it level I outlined a couple weeks ago.…
1 year ago
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DogecoinDogecoin Founder Unveils Elon Musk’s Potential Billion-Dollar Surge: Could You Copy It?
Billy Markus, co-creator of Dogecoin, stands in solidarity with Elon Musk regarding Tesla’s $56 billion compensation package. Despite opposition from advisory firms like Glass Lewis and major shareholders like Norges Bank Investment Management, Musk’s supporters, including Cathie Wood and Markus, advocate for honoring the contractual agreement. Billy Markus, also known as Shibetoshi Nakamoto on Twitter/X and co-creator of Dogecoin, has weighed in on Elon Musk’s ongoing compensation controversy at Tesla. Markus expressed support for Musk, advocating that the tech mogul…
1 year ago
Cardano Founder Curious If Musk Holds 20% of Dogecoin Supply
The post Cardano Founder Curious If Musk Holds 20% of Dogecoin Supply appeared first on Coinpedia Fintech News In a recent interview, Charles Hoskinson questioned if Elon Musk holds a notable part of Dogecoin’s supply. Hoskinson commented on why Musk has failed to acknowledge Cardano despite its prominence. Musk has been a vocal proponent of DOGE, occasionally commenting on community developments. The previous Dogecoin surge, which led to its ATH of $0.73 in May 2021, was partly due to Musk’s…
1 year ago
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DogecoinDogecoin Under Pressure And ‘Going To Zero’, Analyst Says – Here’s Why
The beloved Dogecoin, the Shiba Inu-faced cryptocurrency that started as a joke, is facing a ruff time. A recent $16 million sell-off by a large holder, likely a “whale” investor, has sent shockwaves through the DOGE community, raising questions about the meme coin’s long-term viability. Mags Charts A Worrying Course Crypto analyst Mags has emerged as the harbinger of doom for DOGE. Using a self-developed charting method, Mags identifies distinct phases in Dogecoin’s historical price movements. Phase 3, according to…
1 year ago
Crypto Predictions: Toncoin (TON) vs Dogecoin (DOGE) vs Rollblock (RBLK), Which Is Set For Bigger Gains In Second Half Of 2024?
The meme coin market is well known for being competitive. However, recent market trends have been challenging, with well-known meme coins, including Toncoin (TON) and Dogecoin (DOGE), witnessing a dip in price over the past weeks. Toncoin witnessed a dip in demand, which might have led to its poor performance within the meme coin market, as Dogecoin's price aims to reach the $1 target despite its recent price correction. However, amid this, a new crypto known as Rollblock (RBLK) is…
1 year ago
Memecoin Market Analysis: What’s Next for Dogecoin, Shiba Inu, Pepe, GameStop Prices?
The post Memecoin Market Analysis: What’s Next for Dogecoin, Shiba Inu, Pepe, GameStop Prices? appeared first on Coinpedia Fintech News The meme coin market has experienced a bullish rally over the past few weeks, coinciding with a slowdown in the altcoin and Bitcoin markets. Notably, the return of Roaring Kitty ignited a bull run for GME, a SOL meme coin. Consequently, investors are now curious about the upcoming price trend of other leading meme coins, including Dogecoin, Shiba Inu, and…
1 year ago
Is Dogecoin (DOGE) Poised for a Bull Run? Insights & Analysis
On-chain indicators like the Relative Strength Index (RSI), large holders’ activity, and the Market Value to Realized Value (MVRV) ratio offer insights into potential Dogecoin price movements. Analysts speculate that Dogecoin’s price could be influenced by GameStop’s performance, with potential resistance at $0.166 to $0.171. Although Dogecoin (DOGE) has shown some laggard performance among other meme coins recently, it continues to remain on investors’ radar at the moment. After 12.6% gains during the month of April, the Dogecoin price continued…
1 year ago
Dogecoin Price Prediction: Analyst Forecasts Meteoric 21,700% Rise To $17, Here’s When
Crypto analyst Javon Marks has made an ultra-bullish prediction for the Dogecoin price in this bull run. The analyst claims that the foremost meme coin could attain such ambitious heights based on its performance in previous market cycles. Dogecoin To Rise As High As $17 In This Bull Run Marks shared a chart on his X (formerly Twitter) platform in which he predicted Dogecoin could enjoy a 21,700% price gain and rise to $17. The analyst made this forecast based…
1 year ago
Dogecoin and Shiba Inu Competitor FLOKI Gets $12M Investment from DWF Labs for Ecosystem Support
DWF Labs is investing $12 million in Floki, driving market confidence in the growth of the ecosystem. Floki’s price surged by over 30% after the investment announcement. Floki (FLOKI), a cryptocurrency competitor to Dogecoin (DOGE), has seen a significant price surge after DWF Labs announced a new $12 million investment in the token. This announcement comes as Floki prepares to release several key products that could potentially solidify its position in the digital assets sector. The firm announced this support…
1 year ago