Changpeng Zhao (CZ), the former Binance CEO, has taken a strong stance against meme coins, calling them “a little weird.” CZ urged blockchain developers to shift their focus toward creating projects with real-world utility rather than chasing hype. Meme coins often thrive on social media buzz but offer little practical value, leaving many investors with …
Dogecoin, the famous meme-based cryptocurrency, is making waves again with two big developments. On the one hand, Elon Musk’s posts about DOGE are sparking discussions about market influence, while the Dogecoin Foundation is rolling out initiatives to enhance mass adoption. Musk’s Tweets: Coincidence or Intentional Boost? Elon Musk, known for his playful tweets, recently posted …
A bot has reportedly earned 27,000 $SOL ($6.8M) sniping #memecoins on pump.fun this month! Two days ago, it bought 57M $FATHA for just 2 $SOL ($500) and strategically offloaded it for 4,456 $SOL ($1.12M), booking a 2,227x profit. Yesterday, it bought 58.57M $FRIC for 1.75 $SOL ($420) and sold for 1,646 $SOL ($418k), achieving a …
Pump.fun halts livestreams indefinitely amid reports of harmful content, promising stronger safeguards and improved moderation tools.
The post Pump.fun halts livestreams indefinitely after community backlash appeared first on Crypto Briefing.
In recent hours, the meme coin market has experienced increased selling pressure following Bitcoin’s drop from its peak. Prices for Pepe and Shiba Inu coins have significantly fallen as both whales and short-term holders have been offloading their holdings, leading to a sharp decrease. Nonetheless, analysts predict a strong recovery as buyers look to capitalize …
The last couple of weeks were extremely bullish for the markets as the star token, Bitcoin, led a steep rise close to $100K. This caused a momental shift in the popular altcoins like Dogecoin, which woke up from a prolonged consolidation and surged above their pivotal resistance. Ever since the bulls are displaying some weakness, …
Last week was another positive period for the Dogecoin price. After concluding the prior week in a phase of consolidation, the meme cryptocurrency carried this trend into the early days of the new week. However, the Dogecoin price kicked off a new 25% rally on Friday, November 22, to create a new 2024 high. Related Reading: Top Analyst Claims XRP New ATH Is Just Around The Corner – Details Interestingly, this new rally saw the Dogecoin price break a bull flag to the upside. Such a rally has brought into focus the perspective of the Dogecoin price reaching a new all-time high before the end of the year. Dogecoin Price Rally Teases Breakout To $0.82 King of meme coins Dogecoin surged by about 25% as the week drew to a close, reaching an intraday high of $0.4759 on Saturday. This rally is particularly noteworthy, as it suggests that the Dogecoin price has finally resumed another leg up after a brief consolidation since it hit $0.43 earlier on November 14. Renowned crypto analyst Ali Martinez highlighted the significance of this rally in a post on X, drawing attention to Dogecoin’s decisive breakout above a bull flag pattern. According to Martinez, this technical breakout could set the stage for a much larger rally, with his projection targeting a bullish move toward $0.82. If achieved, this price level would represent an impressive increase of approximately 90% from the current Dogecoin price. #Dogecoin $DOGE is in the middle of a bullish breakout to $0.82! https://t.co/KjLJQ7ZkNm pic.twitter.com/Rib4XImoTT — Ali (@ali_charts) November 23, 2024 How Feasible Is The Dogecoin Rally To $0.82? Before the Dogecoin price can rally to the $0.82 price level, it would first need to surpass its long-standing all-time high of $0.7316, a milestone that has remained unbroken for over three years. At the time of writing, Dogecoin is trading at $0.4287, reflecting a slight pullback from its recent intraday peak of $0.4759. This retreat shows that the consolidation phase is not yet complete, as resistance appears to have formed near the $0.43 level and has created a sell wall that must be overcome. Breaking toward the all-time high would first require Dogecoin to achieve a decisive and sustained breach above the $0.43 threshold, which remains a critical level for regaining upward momentum. Interestingly, recent whale activity points to a potential upswing for the meme coin in in the coming week. On-chain data reveals that large holders, or “whales,” have been actively accumulating, purchasing over 550 million DOGE tokens worth an estimated $214.5 million. Related Reading: Chainlink Rockets 20%: Whale Activity Sparks Break From Bear Trend These whale addresses, which typically hold between 10 million and 100 million DOGE, are often seen as influential in shaping market trends. Their growing activity could signal confidence in the Dogecoin price and provide the necessary support for a significant break above $0.43 this week. Featured image from DALL-E, chart from TradingView
Crypto analyst Master Kenobi has made a bold two-day prediction for the Dogecoin price, stating that it will hit a new all-time high (ATH) in the next two days. The analyst highlighted Dogecoin’s Relative Strength Index (RSI), which he suggested is very bullish for the meme coin at the moment. Related Reading: XRP Gains Momentum: Whale Activity Points To $15 Breakthrough Dogecoin Price To Reach ATH In Two Days In an X post, Master Kenobi predicted that the Dogecoin price could reach a new ATH in two days. The analyst stated that Dogecoin’s 4-hour RSI chart appears to confirm his fractal setup. Based on this, he remarked that the leg up could potentially reach $0.85 by November 25th, marking a new ATH for the foremost meme coin. Master Kenobi added that some might even identify a potential bullish divergence within the RSI chart. Such a pattern also presents a bullish outlook for the Dogecoin price, indicating that the meme coin is set to witness a bullish reversal to the upside. This bullish reversal is already happening, as DOGE has successfully broken above $0.4. It is worth mentioning that crypto analyst Trader Tardigrade highlighted a bullish divergence on the 4-hour RSI chart. The analyst noted that this signal indicates an uptrend continuation in the Dogecoin price movement. His accompanying chart showed that DOGE could reach $0.7 on its next leg up. This will bring the meme coin close to its ATH of $0.73. Meanwhile, even if the Dogecoin price doesn’t hit a new ATH by November 25, another of Master Kebobi’s analyses shows that it could happen by December 2. The analyst had previously highlighted a 91-day sequence, which he said Dogecoin is about to complete and suggested would lead to a price rally to $1 by December 2. The Next Resistance Level To Watch Out For With the Dogecoin price successfully breaking above $0.4, crypto analyst Kevin Capital has provided insights into the next resistance level to watch out for. In an X post, he noted that Dogecoin is breaking out of the macro .786 Fib level. He added that the next resistance is $0.54, followed by the meme coin’s current ATH at $0.73. Crypto analyst Javon Marks also confirmed that a rally to the current ATH for the Dogecoin price was in sight. In an X post, he said Dogecoin was surging towards $0.6533 and could break out of that level once it reached the target. He added that this 52.2% price surge to $0.6533 could happen quickly and that a rally to $1.25 comes into play once that happens. Related Reading: Chinese Court Declares Personal Crypto Ownership Legal In Mainland China At the time of writing, the Dogecoin price is trading at around $0.46, up over 16% in the last 24 hours, according to data from CoinMarketCap. Featured image from Reddit, chart from TradingView
Dogecoin has proved to be the finest memecoin, as the other memes fell under the bearish influence as the top one started to swell. The liquidity flow onto the token has increased heavily, which has helped the levels to rise above $0.46 at the moment. After achieving these levels, the DOGE price appears to be …
Pepe (PEPE), the world’s third-biggest meme coin, is poised for a massive bull run as it has broken out of a bullish price action pattern. Following this breakout, heightened participation from traders and investors has been observed in the past few hours. Traders and Whales Fuel PEPE’s Breakout Momentum According to the recent report by …
Shiba Inu (SHIB), the second-largest crypto meme coin is on the radar of whales and institutions amid ongoing price consolidation, signaling a bullish trend. According to the on-chain analytics firm IntoTheBlock, SHIB’s large transaction volume has surged by 98% in the past 24 hours, indicating significant participation from whales and institutions. Whales Activity: Large Transaction …
TikTok meme token CHILLGUY hits $500M market cap in five days, with a 20,000% surge driven by viral social media adoption.
The post TikTok meme coin CHILLGUY hits $500 million market cap appeared first on Crypto Briefing.
The incident highlights the power of community-driven market dynamics and the potential for collective action to counteract individual greed.
The post Gen Z trader rugs meme coin during livestream, community’s revenge sends token to $80M appeared first on Crypto Briefing.
With the refreshed buying pressure in the meme coins, Bonk and Popcat are rising as top performers. In this bullish rally, a smart trader has made an immense profit by trading Popcat, which is now buying Bonk. In the previous rally, this smart whale made a huge profit of $4.84 million on Popcat. In the …
Following an impressive weekly surge in the meme coin market, Shiba Inu is now aiming for a massive comeback in the price chart. Over the last few days, SHIB price has been declining due to a market-wide selling pressure. This has resulted in a sharp drop in Shiba Inu’s on-chain metrics. However, as the meme …
After closing above the prior all-time high (ATH) last week, frog-themed meme coin, Pepe (PEPE), has confirmed a new rising trend. The mid-cap meme coin, with a fully diluted valuation of about $8.8 billion and daily traded volume of around $4.8 billion, rallied over 150 percent in the last two weeks, thus entering its much-awaited …
The Dogecoin token has surpassed the market cap of “USDC” to become the 07th largest cryptocurrency in the world. Notably, the DOGE memecoin started gaining traction following Elon Musk’s mention on D.O.G.E this month. With the rising volatility in the crypto market, will Dogecoin maintain its bullish momentum and head toward its upper price target …
The Shiba Inu burn rate witnessed a massive 6200% surge today. Notably, this has sparked investor optimism globally. As per the latest data available on Shibburn, a 6,223% surge was recorded in the Shiba Inu (SHIB) burn rate in 24 hours. Moreover, 290,321 coins were burned during this period. With this, the SHIB price has …
With the speculations of Floki memecoin being listed on Coinbase, one of the major cryptocurrency exchange platforms, the Floki price has experienced a significant uptrend with the ongoing worldwide crypto market recovery. Amid increasing bullish action in the crypto space, will Floki memecoin achieve a new all-time high this year? Or will the cryptocurrency market …
The meme coins market has seen a growth of nearly 3.1% in the last 24-hours. Among the top five meme coins, Bonk, the fifth largest meme coin by market cap, has registered the highest 7-day change of +97.8%, compared to Dogecoin’s +26.5%, Shiba Inu’s -2.5%, Pepe’s +66.9%, and dogwifhat’s +15.7%. On Coinbase Exchange, with a …
In a new meme coin-rich story, a crypto trader turned $1,690 into a staggering $1.73 million in just three days. On November 15th, the trader exchanged 7 $SOL worth ~$1,690 for 40.72 million $BUCK. In the recent price jump of almost 350,000% rise in $BUCK’s price, the whale has sold 28.72 million $BUCK and registered …
The broader market sentiment is extremely bullish, with the XRP price reclaiming the $1 mark. Amid such conditions, the meme coins segment anticipates a massive rally with the improving chances of Bitcoin topping $100,000. So, are you wondering which altcoin to buy among the plethora of community-driven altcoins? Worry not, as Coinpedia has a list …
Brett (Based) has been the talk of the crypto world. In just two weeks, it soared 162%, catching everyone’s attention. But things hit a bump recently. After attempting to break its all-time high, the price couldn’t push through. Still, the coin’s market cap is close to $1.7 billion, and optimism isn’t fading. Is this just …
When Coinbase announced its plan to include Floki Inu on its roadmap, the memecoin’s price soared. Within an hour, Floki shot up 28%, climbing from $0.00022324 to $0.00028309. That wasn’t just a spike—it was Floki’s highest price in five months. Even though being on Coinbase’s roadmap doesn’t guarantee a listing, it’s clear the news was …
Goatseus Maximus (GOAT) just hit a new all-time high. The price surge has a lot of traders excited, but will it last? GOAT’s price is climbing fast. The market is feeling pretty bullish. But will it keep going up or are there any signs of it slowing down, let’s find out. Technical Signs GOAT is …
Shiba Inu (SHIB), the popular dog-themed memecoin has seen its rally hitting a roadblock after gaining 80% in November before correcting by over 20%. Now, SHIB is stuck in a consolidation phase, leaving many to wonder what comes next. In addition to this Shiba Inu whale recently moved a massive 4 trillion SHIB, worth $99 …
The rapid rise of meme coins like LESTER highlights the volatile influence of social media on cryptocurrency markets and investor behavior.
The post Solana meme coin Litecoin Mascot soars to $120 million market cap in less than 48 hours of launch appeared first on Crypto Briefing.
As the meme coin market hits the $116 billion market cap, DOGE and PEPE are stealing the spotlight. The sector leader, Dogecoin (DOGE), has increased by nearly 250% in the past 30 days, and PEPE has registered a massive growth of nearly 100% in the past 24 hours. As Dogecoin’s market cap hits almost $58 …
PNUT , a meme token themed on the Peanut squirrel on the Solana blockchain, is running like a squirrel. Over the past month, it’s soared by a mind-blowing 3942.86%! In the last week alone, it jumped 1528.99%, and just yesterday, it shot up 266.77% to hit $2.18 according to coinmarketcap data. But with every steep …
Musk's support for Dogecoin's inflationary model may enhance its role as a practical currency, influencing broader crypto adoption trends.
The post Elon Musk defends Dogecoin’s inflationary model appeared first on Crypto Briefing.