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…
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DogecoinDogecoin Under The Microscope – Historical Data Points To Rebound
Dogecoin, the Shiba Inu-themed cryptocurrency that took the internet by storm in 2021, has been on a rollercoaster ride in recent weeks. After a week of corrections, DOGE seems to be clawing its way back, and some analysts believe it might be gearing up for a repeat of its past successes. Echoes Of Bull Runs Past Hope for Dogecoin hinges on a recently identified trend mirroring its behavior in 2016 and 2020. Back then, a similar price pattern preceded significant…
1 year ago
Shift to Memecoins: Traders Favor Dogecoin as Bitcoin Stagnates
Bitcoin’s price has stabilized above $67K, but traders are shifting focus to memecoins. Dogecoin’s Open Interest has been decreasing, indicating bearish sentiment. Since May 23rd, Bitcoin’s price has remained stable above $67K, but traders are increasingly turning their attention to memecoins such as Dogecoin (DOGE). This shift comes in anticipation of a potential supply overhang from the Mt Gox exchange. Despite some gains in related tokens, Dogecoin’s immediate outlook remains uncertain. According to QCP Capital, a crypto-trading firm based in…
1 year ago
Can PEPE Overtake Shiba Inu and Dogecoin? Pepe Price Leads Market with 25,955% Gain, Trading Volume Up 216%
Pepe Coin has experienced a 12% price dip from its all-time high but has seen a 216% increase in trading volume. Pepe’s market cap soared to $6.11 billion, with a whale profiting $5 million from a recent transaction. The meme coin market has seen a flurry of activity in recent weeks, with Pepe (PEPE) emerging as a focal point. Despite a recent 12% dip from its all-time high, the frog-themed token has experienced a significant increase in trading volume, reaching…
1 year ago
Dogecoin, Shiba Inu, Polygon, XRP ETF? This Crypto Has the Highest Chances of Approval for the Next ETF
A recent survey shows 63% of participants favoring XRP, 25.9% supporting Solana, and 11.1% voting for other cryptocurrencies, with XRP proponents citing its clear regulatory status in the U.S. Analysts suggest Ethereum’s spot ETF approval could pave the way for other cryptocurrencies, with Bloomberg’s James Seyffart identifying Solana as a potential candidate. The crypto community remains divided on which digital asset is most likely to secure the next spot ETF approval following the U.S. SEC’s recent endorsement of Ethereum-based ETFs.…
1 year ago
This Ethereum-Based Crypto Has More Upside Than Shiba Inu And Dogecoin Combined
The post This Ethereum-Based Crypto Has More Upside Than Shiba Inu And Dogecoin Combined appeared first on Coinpedia Fintech News Meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) are popular, but their humor-based appeal raises longevity concerns. In contrast, ETFSwap (ETFS), an Ethereum DeFi platform, offers practical value, making it a more strategic investment with superior upside potential than Shiba Inu (SHIB) and Dogecoin (DOGE) combined. ETFSwap’s Superior Ecosystem And Investment Potential Catches Crypto Investors’ Attention ETFSwap (ETFS) is…
1 year ago
Dogecoin Whales Buy $112 Million Worth Of DOGE As Crypto Investors Turn Their Attention To Meme Coins
Dogecoin (DOGE) has come under the spotlight, with crypto investors looking to have turned their attention to the foremost meme coin. This development is expected to positively impact the meme coin, which has lagged for a while now. Dogecoin Whales Accumulate 700 Million DOGE Crypto analyst Ali Martinez revealed in an X (formerly Twitter) post that DOGE whales have bought over 700 million DOGE ($112 million) in the past 72 hours. This forms part of the current trend with crypto…
1 year ago
Rollblock The Revolutionary GambleFi Protocol Set To Lead Crypto Market Over Dogecoin (DOGE) and Pepe (PEPE)
Pepe is leading the meme coin market as Dogecoin (DOGE) falls behind. Having hit an all-time high over the last week, Pepe is attracting thousands of new investors and Doge investors are choosing to diversify. However, investors overly focused on the meme coin market are missing out on Rollblock a unique GambleFi project which showcases an innovative igaming platform, as well as a revenue share opportunity that could be one of the best passive income sources in the crypto space.…
1 year ago
3 Altcoins to Add to Your Watchlist: Bonk (BONK), Dogecoin (DOGE), and Retik Finance (RETIK)
The cryptocurrency market is constantly evolving, offering investors a plethora of opportunities beyond the well-known giants like Bitcoin and Ethereum. For those seeking potential high returns and innovative projects, altcoins present an exciting avenue. In this article, we'll delve into three altcoins worth adding to your watchlist: Bonk (BONK), Dogecoin (DOGE), and Retik Finance (RETIK). These coins have garnered attention for their unique features, strong communities, and potential for growth. Bonk (BONK): Riding the Meme Coin Wave Bonk (BONK) emerges…
1 year ago
Dogecoin at Risk of Rejection Even if Bitcoin Surges, Says Crypto Strategist
Analyst are divided on what the future holds for Dogecoin with bull-bear scenario showcased. While CrediBULL Crypto sees a bearish twist ahead, Ali Martinez projects an uptick. Popular crypto strategist CrediBULL Crypto has warned that a potential rejection is on the horizon for Dogecoin (DOGE) even if Bitcoin’s price rises. The crypto strategist’s remarks follow a notable decline in the price of DOGE and BTC within the past week. How DOGE Could Face Potential Rejection Using Bitcoin as a major…
1 year ago