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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On December 14, 2024, a dormant whale wallet made ripples in the cryptocurrency market by transferring 2.1 trillion PEPE tokens worth over $52 million. This large transfer, which occurred after 600 days of inactivity, has spurred excitement and speculation about a possible price increase for the popular meme coin. Related Reading: Solana Poised For Growth In 2025 With Record $173 Million Q3 Funding—Report Analysts are keenly tracking PEPE’s moves, anticipating a probable rebound that might take its value to $0.00005 or higher. Whale Activity Indicates Potential Surge The current whale behavior is notable in the cryptocurrency market because massive transfers can reflect trust in an asset or predict future price swings. Historically, similar fluctuations have preceded large price hikes. The whale that executed this transfer originally purchased the tokens for 0.0135 ETH (about $27), resulting in an amazing return on investment of roughly 1.9 million percent. A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address. This whale initially only spent 0.0135 $ETH($27) to buy 2.1T $PEPE and has held it until now. From $27 to $52M—an extraordinary 1,900,000x return!https://t.co/Et442zxUGk pic.twitter.com/35sp0Iu46E — Lookonchain (@lookonchain) December 14, 2024 Experts predict that if PEPE can break through the immediate resistance level of $0.00002810, it will rapidly ascend to $0.000036. Technical figures support the positive vibe. Currently at $0.00002442, the 10-Day Moving Average shows short-term resistance; the 50-Day Moving Average indicates major support. Moreover, the Relative Strength Index (RSI) comes out to be 54.4, suggesting neutral momentum with possibility for more development. The MACD also shows some positive activity, which supports the idea that a price increase is just around the bend. Healthy Crypto Market The cryptocurrency market as a whole is getting better, and this rise in whale activity is happening at the same time. This is especially true as Ethereum (ETH) gets closer to $4,000. In the past, other cryptocurrencies, even meme coins like PEPE, have grown along with ETH. Analysts are making comparisons to earlier this year, when similar whale moves happened before PEPE’s price went up. PEPE Price Set For Big Upside Analysts believe that if PEPE maintains its pace and breaks important resistance levels, it might reach values as high as $0.000058, or possibly $0.0001 in favorable market conditions. However, meeting such lofty goals will need ongoing investor interest and larger market trends. Related Reading: New ATH: Bitcoin Tops $106K—Is FOMO And Strategic Reserve The Game-Changer? Although PEPE’s potential for increase excites investors, before making any financial decisions, they should be careful and do thorough study. Anyone who wants to engage in this volatile industry has to be abreast on market dynamics and trends since the ecosystem of cryptocurrencies changes fast. Featured image from DALL-E, chart from TradingView
Memecoins, which started as a joke, have now become key players in the market. Interestingly the memecoin market cap surpassed $140 billion. Investors who were eyeing memecoins are in hot waters with a recent controversy over their licensing rights. The story revolves around, the iconic Doge meme, born from the Shiba Inu dog Kabosu, which …
Despite ongoing price consolidation in Shiba Inu (SHIB), the popular second-largest crypto meme coin by market cap has gained significant attention from crypto giants, as reported by the on-chain analytics firm IntoTheBlock. Today, December 18, 2024, IntoTheBlock revealed that the large transaction volume of SHIB has skyrocketed by 238.58% in the past 24 hours. Source: …
Bithumb, the leading virtual asset platform, has added Goatseus Maximus (GOAT) to its KRW market. GOAT, a meme coin built on the Solana blockchain, is gaining popularity with the promotion of AI agent Truth Terminal. The trading for GOAT will begin at 1:00 PM on December 17, 2024, with a base price of 976 won. …
Binance recently released a blog highlighting various memecoins and crypto projects. One of the featured projects, Chill Guy, has gained popularity for its relaxed, easygoing vibe, attracting investors who connect with its laid-back spirit. The blog also mentioned projects like RIF and URO, which are exploring decentralized science. Additionally, QUANT has emerged as a symbol …
Bitcoin and Dogecoin are two of the most watched cryptocurrencies this cycle, with increases in the Bitcoin price mostly flowing into that of Dogecoin. At some point, the price correlation between the Dogecoin price and that of Bitcoin was at 0.97. Related Reading: Travala (AVA) Rally: Binance Early Bet And CZ’s Nod Drive 300% Growth Interestingly, recent market movements have seen the Bitcoin price returning above the $100,000 price level again, with the leading cryptocurrency reaching as high as 102,700 in the past 24 hours. However, this has yet to translate into a corresponding increase in the price of Dogecoin, with the meme coin breaking below support at $0.4 in the same timeframe. Dogecoin’s Recent Performance Amid Bitcoin’s Surge Bitcoin has once again surpassed the psychological $100,000 threshold after a 7.5% price increase since a $94,900 low on December 10. Notably, this upward movement is the latest recovery for Bitcoin after a rejection at the $100,000 price level that sent shockwaves of liquidations among other cryptocurrencies. But while Bitcoin has shown resilience, Dogecoin has faced notable challenges in sustaining its upward momentum. Dogecoin managed to rally to $0.48 on December 8, which is a level it hadn’t touched since 2021. However, a detailed examination of the meme coin’s price action reveals a recurring struggle with the $0.48 resistance level, which now seems to be the resistance level to break this market cycle. At the time of writing, Dogecoin is currently trading at $0.395, meaning it has lost about 17% since it reached this 2024 high of $0.48. As it stands, Dogecoin is down by about 13% in the past seven days, making it the worst performer among the top 10 cryptocurrencies by market cap in this timeframe. Is A New Dogecoin All-Time High Still Possible This Cycle? Market analysts have provided different predictions regarding the possibility and timelines of the Dogecoin price to achieve a new all-time high in the current cycle. ogecoin last reached its peak price of $0.73 during the crypto bull run of May 2021. The prospect of breaking above this level this cycle is still there, but the path forward appears challenging, especially if the Dogecoin price were to continue detaching from Bitcoin’s rally. However, you could argue that the general consensus is for Dogecoin to resume its uptrend anytime soon. Historically, Dogecoin’s price surges have been due to sudden spikes in retail investor activity, often due to rumors on social media like payments on X and things of that nature. For Dogecoin to surpass its 2021 high, a similar wave of enthusiasm would need to emerge with significant trading volume and renewed interest from both retail and institutional investors. Related Reading: Expert Eyes $35 XRP Price, Says Holders To Become ‘Filthy Rich’ As 2024 comes to an end, a more plausible scenario for Dogecoin to reach new highs might emerge in early 2025. By then, a change in the global economic and political landscape, including the inauguration of Donald Trump as president, could create optimism in the crypto sector. Featured image from Bankrate, chart from TradingView
Bitcoin and Dogecoin are two of the most watched cryptocurrencies this cycle, with increases in the Bitcoin price mostly flowing into that of Dogecoin. At some point, the price correlation between the Dogecoin price and that of Bitcoin was at 0.97. Related Reading: Travala (AVA) Rally: Binance Early Bet And CZ’s Nod Drive 300% Growth Interestingly, recent market movements have seen the Bitcoin price returning above the $100,000 price level again, with the leading cryptocurrency reaching as high as 102,700 in the past 24 hours. However, this has yet to translate into a corresponding increase in the price of Dogecoin, with the meme coin breaking below support at $0.4 in the same timeframe. Dogecoin’s Recent Performance Amid Bitcoin’s Surge Bitcoin has once again surpassed the psychological $100,000 threshold after a 7.5% price increase since a $94,900 low on December 10. Notably, this upward movement is the latest recovery for Bitcoin after a rejection at the $100,000 price level that sent shockwaves of liquidations among other cryptocurrencies. But while Bitcoin has shown resilience, Dogecoin has faced notable challenges in sustaining its upward momentum. Dogecoin managed to rally to $0.48 on December 8, which is a level it hadn’t touched since 2021. However, a detailed examination of the meme coin’s price action reveals a recurring struggle with the $0.48 resistance level, which now seems to be the resistance level to break this market cycle. At the time of writing, Dogecoin is currently trading at $0.395, meaning it has lost about 17% since it reached this 2024 high of $0.48. As it stands, Dogecoin is down by about 13% in the past seven days, making it the worst performer among the top 10 cryptocurrencies by market cap in this timeframe. Is A New Dogecoin All-Time High Still Possible This Cycle? Market analysts have provided different predictions regarding the possibility and timelines of the Dogecoin price to achieve a new all-time high in the current cycle. ogecoin last reached its peak price of $0.73 during the crypto bull run of May 2021. The prospect of breaking above this level this cycle is still there, but the path forward appears challenging, especially if the Dogecoin price were to continue detaching from Bitcoin’s rally. However, you could argue that the general consensus is for Dogecoin to resume its uptrend anytime soon. Historically, Dogecoin’s price surges have been due to sudden spikes in retail investor activity, often due to rumors on social media like payments on X and things of that nature. For Dogecoin to surpass its 2021 high, a similar wave of enthusiasm would need to emerge with significant trading volume and renewed interest from both retail and institutional investors. Related Reading: Expert Eyes $35 XRP Price, Says Holders To Become ‘Filthy Rich’ As 2024 comes to an end, a more plausible scenario for Dogecoin to reach new highs might emerge in early 2025. By then, a change in the global economic and political landscape, including the inauguration of Donald Trump as president, could create optimism in the crypto sector. Featured image from Bankrate, chart from TradingView
Dogecoin’s price action is still drawing attention with its ongoing consolidation holding up above $0.4. At the time of writing, Dogecoin is trading around $0.409, down 14% from its recent December high of $0.4757. While this dip might appear concerning to some, crypto analyst Master Kenobi believes it is a natural and necessary phase in […]
High-profile social media hacks highlight the urgent need for enhanced cybersecurity measures to protect against fraudulent crypto schemes.
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Following a price spike to new highs in the past few months, the doggy-themed meme coin Bonk (BONK) has since declined and is now consolidating. A crypto analyst noted that Bonk is undergoing a corrective Wave 3 move down, suggesting that the meme coin could be breaking past a downward trend and preparing for a […]