The recent increase in whale activity in Dogecoin has reignited bullish sentiments among investors. In the last 24 hours, the network has experienced a remarkable 40% increase in the value of significant transactions, surpassing $23 billion. These actions frequently indicate an increase in confidence among institutional investors or high-net-worth individuals, which further supports the notion of a substantial price breakthrough in the near future. Related Reading: XRP Forms Bullish Flag Pattern: What’s Next For The Altcoin? Historical Patterns Allude To Rapid Development Dogecoin’s past bull runs show what the future might hold for it. The joke coin’s value went up 90 times in 2017, and then it went up 306 times in 2021, which surprised the market. Some analysts, such as Javon Marks, expect DOGE to reach an unprecedented $20 if this historical trend persists in the current cycle. Although the prospect of such exponential growth is alluring, it is crucial to bear in mind that the market is notoriously unpredictable, and patterns do not always guarantee results. $DOGE (Dogecoin)’s bull cycle performances, looking over the previous two, have consecutively become larger, and prices look to be well in the process of delivering yet another monumental bull showcase! Another, larger run bull this cycle could result in a more than $20 DOGE. pic.twitter.com/uNruqmBIBt — JAVON⚡️MARKS (@JavonTM1) December 28, 2024 Current Market Performance Dogecoin is currently trading at approximately $0.324, which represents a 2.5% increase in the past 24 hours as of December 29, 2024. This modest increase is indicative of a cautious yet consistent attitude among investors. Intraday highs reached $0.328, while lows remained at approximately $0.316, suggesting a degree of consolidation. Should external catalysts align, the incremental upward movement could serve as a catalyst for more aggressive price action. Some optimistic predictions are valid. Dogecoin has surprised the market with huge gains. Skepticism remains necessary. Many experts caution against using previous performance to predict future success. Since the digital currency market is volatile, even the most bullish predictions may fail. Whales bought over 90 million #Dogecoin $DOGE in the past 48 hours! pic.twitter.com/lGsMtz0iPp — Ali (@ali_charts) December 27, 2024 Is It possible For DOGE To Hit $20? Within the cryptocurrency community, there have been heated disputes about Dogecoin’s ability to hit $20. On the one hand, past price trends and the growing activity of whales support the legitimacy of such bold forecasts. For this to be accomplished, we need a perfect storm of favorable circumstances, including broad adoption, a strong bull market, and the undivided attention of prominent investors like Elon Musk. Related Reading: Bitcoin Whale Moves 8,000 BTC Aged 5-7 Years – What Happened Last Time For consistent investors, the basic lesson is to welcome these forecasts with a fair mix of excitement and doubt. Whether Dogecoin reaches $20, it remains an interesting case study of the opportunities of speculative trading and community-driven investments. Featured image from Pexels, chart from TradingView
Dogecoin trades without major variations as the rally remains between $0.33 and $0.31 for over a week. This indicates a major drop in volatility, due to which a major shift in the trader’s attention has been recorded away from the token. Despite this, the token has driven huge interest in the whales more than market …
The token that many experts are predicting to be the next 100x token is in the final stretch of its presale with only 28 days to go. So far, $FLOCK has already raised $7.7 million in presale. For those who don’t know, Flockerz is the first-ever vote-to-earn (V2E) platform that allows users to share their […]
Dogecoin (DOGE), the largest and most popular meme coin by market cap, is showing signs of reversing its recent price decline. Over the past few days, DOGE has experienced a significant drop, but recent consolidation, continuous accumulation by whales, and a shift in market sentiment might be driving potential upside momentum. Can Dogecoin (DOGE) Break …
According to Galaxy Research, Dogecoin (DOGE) may be on its way to greener pastures and perhaps reach $1 in 2025. The crypto community has been abuzz from this audacious prediction. The potential for a token that began as a joke to reach such a price point is truly remarkable. Related Reading: Here’s Why The Dogecoin […]
price decline it has experienced over the last few weeks. As of today, December 28, 2024, WIF has begun experiencing upward momentum, with the price surge standing out notably compared to other assets. The significant price surge in WIF can be explained by the recent breakout of the descending price action pattern, interest from long-term …
Fartcoin is one of the most interesting new digital currencies, seeing as it allows users to submit fart jokes or memes to earn the initial tokens. The coin, which started as a parody, was initially considered even more useless than Dogecoin. However, that’s no longer the case. Lately, its popularity has surged, pushing its total […]
Coincodex’s machine learning (ML) algorithm has provided a bearish outlook for the Dogecoin price. The ML algorithm predicted that the meme coin would suffer a double-digit crash in January 2025. Related Reading: Bitcoin’s X Popularity Hits New Highs With 65% Growth In 2024 Dogecoin Price To Suffer A Double-Digit Crash? Coincodex predicted that the Dogecoin […]
The Floki community recently voted in favor of a proposal that will help create the liquidity needed for the ETP launch, which is now set to go live by Q1 2025. When it goes live, it will become the second memecoin ETP on a regulated stock exchange, following in the footsteps of the Dogecoin ETP. …
Analysts are excited about the possibility of a huge Dogecoin rally in 2025, with some believing it would far outperform the enormous gains recorded in 2021. Related Reading: Dogecoin 600% Rally Prediction Still On Track Before End Of 2024 — Analyst According to recent studies, historical price fluctuations show that the popular meme coin may experience another parabolic boom. Dogecoin has been notorious for its wild price swings, and many predict that the coming year will be critical to its progress. Historical Patterns Suggest Potential Gains Dogecoin has had a history of sharp price increases followed by declines. For instance, in 2017 it rose 210% prior to reversing, then suddenly jumped 5,000%. In 2021, it followed a pattern, initially rising 476% before a significant reversal that ended with an astonishing increase of 12,000%. Dogecoin is now up around 440% over the last year, but has lately had a 46% pullback. Analysts believe that this repeated pattern implies a potential significant rally. Dogecoin Bullish Forecasts For 2025 Many analysts have made quite optimistic projections on the course Dogecoin’s price might take over 2025. While some have ranged within $1 and $3, others have pegged it as high as $10. Investments CEO said in a post on Christmas Day that Dogecoin would repeat its fourth-year cyclical performance. At the same time, he said that the meme coin’s rise would be better compared to that of 2021. A MASSIVE rally is coming for $DOGE, MUCH bigger than the one in 2021. Are you prepared? pic.twitter.com/auBAw7XMMn — CEO (@Investments_CEO) December 25, 2024 Meanwhile, some likely involvement from Elon Musk may be another crucial point, who is probably going to have a key role to play in the meme coin community sometime in the next year. His influence will probably create just the ideal atmosphere for Dogecoin to reach new highs. According to analyst Javon Marks, Dogecoin may surge as high as 600%, reaching approximately $2.28 based on past trends and market behavior. He says that previous cycles have followed similar patterns, leading to huge price increases. Market Sentiment And Future Outlook Despite recent volatility in the market and some bearish pressures, analysts still believe in Dogecoin’s bright future. The cryptocurrency market has recently been very volatile, and yet most of the analysts still predict that when bitcoin will stabilize and start surging again, Dogecoin will be sure to do the same. More than 140% gain of the Dogecoin’s price, taking the currency above $0.8023 is predicted once bitcoin reverses its down move. Related Reading: Dogecoin Price Breaks Out Of Symmetrical Triangle Pattern, Analyst Puts Target Above $0.37 Dogecoin should be fine as we welcome 2025. Investors are paying close attention to market trends and things that might cause prices to rise, while others remain upbeat that they may be able to get decent returns from their meme coin investments. Featured image from Pexels, chart from TradingView
Amid ongoing market uncertainty, Pepe (PEPE), the world’s third-largest crypto meme coin, is gaining significant attention from whales and traders. As of today, December 28, 2024, the overall cryptocurrency market appears to be struggling, including major assets like Bitcoin, Ethereum, Solana, and PEPE. PEPE Whale Purchased 1.42 Trillion Meme Coin Despite these struggles, whales and …
As 2024 concludes, Dogecoin (DOGE) is attracting numerous investors and analysts who foresee a substantial price fluctuation for the meme coin. Analyst Javon Marks recently projected that DOGE will attain a target of $2.28 by year-end. This positive perspective is founded on a synthesis of market sentiment and technical analysis. Related Reading: Dogecoin Price Breaks Out Of Symmetrical Triangle Pattern, Analyst Puts Target Above $0.37 Short-Term Bullish Momentum The technical side shows good bullish momentum in the short and medium term for Dogecoin. There’s likely to be an approximate rise of 206% over the next three months with the current sentiment of the market. This is indicative of increased interest in DOGE because it continues to position itself as a potential investment vehicle. In the next six months, a more tempered but still significant growth of 51% is expected, according to CoinCheckup. That means that the upward trend in Dogecoin can persist at a healthy rate. Bull Market Patterns The Fibonacci expansion analysis shows Dogecoin’s bull market patterns, which fuels Javon Marks’ forecast. DOGE rose from $0.00009 to $0.00748, matching the 1.618 Fibonacci level in 2015–2017. The 2020–2021 cycle saw it rise from $0.00168 to $0.73, surpassing the 1.618 Fibonacci level at $0.03912. $DOGE (Dogecoin) Update: The history hasn’t changed and still points to a fairly high likeliness of a price run to AND ABOVE the 1.618 Fib Extension level as it did every cycle prior to this and this time around, that’d result in a more than 570% increase from here to $2.28+! https://t.co/BtYB3vaWHH pic.twitter.com/Fdvqb7FtCW — JAVON⚡️MARKS (@JavonTM1) December 25, 2024 Even though the price has dropped about 46% since its high point of $0.48, people are still generally hopeful. A lot of people think that DOGE could easily break through barrier levels and go to higher levels if the market as a whole is in a good mood. At the time of writing, the price of DOGE is around $0.3227. If Marks’ prediction holds true, then DOGE would have risen by 606% by the end of 2024. Dogecoin (DOGE) prices have gone up and down a lot in the past. In 2017, the coin started a parabolic rise that saw it rise by 200% and then drop by 40%. After that, it went up by an insane 5,000%. DOGE went through a similar trend in 2021. It went up 476%, then down 56%, and then up to 120%. Medium To Long-Term Predictions Looking forward to the one-year mark, the projections are still quite conservative at 24%, which will probably indicate stabilization after the initial growth. Although the short-term prospects for Dogecoin are extremely bullish, medium- and long-term gains might moderate with the change of market conditions. Related Reading: Moo Deng Crypto Climbs 70% On News Of Buterin’s Baby Hippo Adoption Other analysts are even predicting Dogecoin to reach $1 or $4 in the next few years, besides Marks’ predictions. In short, the convergence of political development, technical factors, and social sentiment has created a unique environment for growth. With DOGE gaining more ground as a payment method for many businesses, its utility in the cryptocurrency ecosystem will also grow. Featured image from TechRadar, chart from TradingView
BONK, one of Solana’s popular meme tokens, is trading at $0.000031, close to its one-month low. This marks a significant drop from its November 22 peak of $0.000053. Open interest in BONK has also fallen to $8.32 million, the lowest in three months, as traders shift their focus to other assets. Despite these setbacks, BONK …
Chill Guy meme coin faces plagiarism claims linking its artwork to a Vietnamese magazine, causing market value to plummet.
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In a heartwarming story, four-year-old Mira, who is battling a rare brain tumor, saw the crypto community unite to launch a memecoin in her honor. The token’s market value soared to over $80 million just five hours after its launch. on 9/23, mira was diagnosed with a rare brain tumor called a craniopharyngioma. while benign, …
The rapid rise of MIRA token highlights the crypto community's potential for impactful social support, raising ethical considerations in token trading.
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Shiba Inu’s burn rate spiked nearly 100%, with 6.26 million SHIB permanently removed from circulation, sparking optimism for price growth. The Christmas launch of “SHIB: The Metaverse,” featuring Chainlink CCIP for multi-chain functionality, and hints of the upcoming TREAT token have fueled bullish sentiment. Whale activity also added excitement, as 2.88 trillion SHIB, worth $65.7 …
Floki's ETP launch could further legitimize memecoins in traditional finance, bridging the gap between digital assets and institutional investors.
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As the Bitcoin price gained strength, the markets also turned bullish. Most cryptos initiated a strong recovery from the latest pullback, which has kept up the momentum of most of the altcoins. While some altcoins experienced a major rise, Dogecoin experienced a minor upswing, but before entering the bullish zone, it faced a significant bearish …
Shiba Inu (SHIB), the popular and second-largest crypto meme coin by market cap, is poised to break its ongoing consolidation, which it has been facing for the last five trading days. Today, December 25, 2024, the sentiment across the cryptocurrency landscape appears to be shifting from a downtrend to an uptrend, as major assets like …
The memecoin industry began with an internet meme turned digital currency, Dogecoin making its presence felt in 2014. Since then, more than 3,500 memecoins have been listed across various cryptocurrency exchanges and have a combined market capitalization of $90.71 billion. While Bitcoin (BTC) and Ethereum (ETH) maintain their dominance at 57.5% and 12.1% of the …
Like many other cryptocurrencies, Dogecoin’s price action in the past week has been highlighted by a notable correction. Dogecoin, in particular, saw its price break below $0.3 for the first time in four weeks, leading to a bottom below $0.27. Related Reading: Fed Can’t Hold Bitcoin, No Plans Yet To Change Law, Powell Says According […]
There is no question that the cryptocurrency industry witnessed explosive growth in 2024, with the flagship cryptocurrency Bitcoin continuing to lead the market. Data shows that the total market capitalization of the crypto industry has more than doubled over the past year. While it has been challenging to find a common theme for how the […]
In a recent recovery on Saturday, Solana-based BONK led the rally among dog-themed meme coins, as Bitcoin bounced back above $98,000 after a steep drop to around $93,000 on Friday. Memecoins Surge As per data from Coingecko, BONK surged 30%, while Dogecoin, Shiba Inu, Dogwifhat and Floki Inu surged as much as 20%. Notably, the …
The meme coin debacle highlights the risks of influencer-driven crypto ventures and the potential for legal and financial repercussions.
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The crypto markets faced a massive sell-off that began ever since Bitcoin marked the highs at $108,000 a few days ago. However, the top memecoins, Dogecoin & Shiba Inu, had triggered much before the BTC price crash, which suggests the market participants have exited the memecoin space much before and entered the star token. This …
As Bitcoin witnessed a drop of 11.25% in its price, the whole crypto market started bleeding. The memecoin OG, Dogecoin took a severe hit and fell 32% in the last three days. Dogecoin price today is down by 20.70% as compared to the last 24 hours. This price gave an amazing opportunity for short traders …
The rapid rise of meme coins like Unicorn Fart Dust highlights the unpredictable and speculative nature of the cryptocurrency market.
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The crypto market felt the aftershock of the latest 25 bps cut and the Fed’s hawkish comments on Bitcoin hurt Bitcoin price and the other altcoins within the market. Seems that the downtrend triggered large whale sell-offs, commonly referred to as whales, in the hope to profit from previous gains. Today even Cardano saw a …
Fartcoin hits a $1 billion market cap amid crypto market declines, driven by Truth Terminal's viral meme chatrooms influence.
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