The market sentiments, specifically with the memecoins, have been witnessing quick shifts, following the BTC price rally. Moreover, they attract more bullish and bearish activity compared to Bitcoin, keeping the next price action shady. Currently, the popular memecoins like Pepe, Fartcoin, FLOKI, etc., and a few more have been demonstrating significant strength. But the question …
Dogecoin has been trading in a tight range lately, with its price movement increasingly narrowing over the past few days between $0.15 and $0.16. This increasingly narrowing range comes off a wider downside consolidation move since the beginning of April, which has led to the creation of a triangle pattern on the 4-hour candlestick timeframe chart. Related Reading: Today’s $1K XRP Bag May Become Tomorrow’s Jackpot, Crypto Founder Says As it stands, Dogecoin is trying to recover from earlier losses in April, and a recent higher low points to growing bullish activity that could send it pushing above the upper trendline of the triangle pattern in the coming week. Analyst Notes Classic Market Indecision In Dogecoin Structure Crypto analyst Trader Tardigrade recently brought attention to Dogecoin’s current price structure in a post shared on the social media platform X, noting a converging triangle formation that reflects growing indecision in the market. According to his analysis, Dogecoin’s price action has transitioned from a clear downtrend (visible throughout late March and extending into the first week of April) into a state of consolidation that has persisted over the past two weeks. Looking at the resulting triangle formation on the 4-hour candlestick timeframe chart, it is easy to infer that both buyers and sellers are exercising caution. Buyers are reluctant to enter at higher levels, while sellers seem unwilling to push prices lower, creating a narrowing band of price action since April 15. The result is a compression of volatility, which could break out in either direction. Image From X: Trader Tardigrade What Comes After The Indecision Phase? As shown in the Dogecoin price chart above, the memecoin is now approaching the tip of the triangle. In this particular case, the structure leans toward a bullish breakout, with market behavior showing signs of upward pressure building beneath the surface by a 2.77% increase in trading volume in the past 24 hours. Trader Tardigrade projected an uptrend that cancels out the downtrend in late March, following the classic pattern of a downtrend, indecision, and a resulting uptrend. A strong bullish candle that closes above the upper trendline of the triangle is important to validate the predicted uptrend. Trader Tardigrade’s projection shows that if such a move occurs, Dogecoin could reclaim the $0.20 level within a relatively short time frame before the end of the month. Dogecoin opened the month of April at $0.166. As such, a clean upside breakout followed by a sustained close above $0.20 would mark a positive finish for Dogecoin in April. Related Reading: BNB Weathers The Storm Better Than Altcoins, Stats Show Such a positive monthly close would likely influence market sentiment heading into May and possibly invite increased buying activity. It would also help confirm that the recent period of bearishness is over and help reestablish a bullish structure. At the time of writing, Dogecoin was trading at $0.1573 Featured image from 21Shares, chart from TradingView
The Dogecoin price is closing in on a critical technical trendline that could ignite its next major rally. After months of downward pressure, analysts are eyeing a possible breakout toward the long-awaited $1 target. $1 Dogecoin Price Target Closer Than Ever Crypto analyst Master Kenobi believes that the Dogecoin price could reach the highly coveted $1 target before the end of this market cycle. Based on his technical analysis, DOGE is once again mirroring a historical breakout pattern that previously led to an explosive surge in price. Related Reading: Is Shiba Inu On Track To Dethrone Dogecoin? Here’s What The Experts Say The analyst shared a Dogecoin price chart with two main sections highlighted. The first green box, between September to November 2024, shows a historical breakout that occurred after the meme coin broke above a critical descending trendline. Following this breakout, the price surged significantly over the next 55 days. Notably, the descending trendline has acted as a strong resistance for months. However, with Dogecoin’s momentum currently building, Master Kenobi believes that a strong breakout is imminent. Looking at DGOE’s price action, it appears the same conditions for its previous breakout are forming again. Master Kenobi’s technical analysis suggests that a breakout above the current descending resistance line could spark a similar rally, one that could potentially take Dogecoin from its current price of $0.158 to $0.9 or even $1. Such a move would represent a staggering gain of approximately 533%. Similar to past trends, Dogecoin’s current chart indicates a projected 55-day move following the breakout, with the green arrow and shaded box indicating a path to the conservative $0.9 target. This would place Dogecoin’s target window during the first few weeks of June, aligning closely with historical timelines from the last major breakout. Adding to the optimism, Dogecoin’s Relative Strength Index (RSI) currently sits around 43.35 — a level typically considered a neutral to oversold zone. The current descending resistance line has already been tested multiple times, meaning a clean daily close above it could spark Dogecoin’s next major rally. Dogecoin RSI Shifts From Bearish To Bullish Dogecoin is showing promising signs of a bullish reversal after a key breakout of a technical pattern on the 4-hour chart. According to a recent chart analysis by crypto analyst Trader Tardigrade, Dogecoin has exited a Falling Wedge formation and is preparing for an uptrend continuation. The breakout was confirmed as the RSI crossed above the 50 level, signaling a shift from bearish to bullish sentiment among traders. Related Reading: Bitcoin Dominates Q1: Altcoin Season Nowhere In Sight—Report Before the Falling Wedge breakout, Dogecoin had been trading in a downward channel, characterized by lower highs and lower lows. This pattern often precedes an upward price movement, and Dogecoin seems to be following through with this trend. As a result, the analysis suggests that Dogecoin could push toward stronger resistance levels in the short term. Featured image from Pexels, chart from TradingView
Dogecoin still remains capped at the $0.15 level with its price trading at $0.158, having decreased 0.35% in 24 hours and 2.02% in the last week. Related Reading: Bitcoin Dominates Q1: Altcoin Season Nowhere In Sight—Report Various attempts to pierce key levels have been unsuccessful, with prices going as low as $0.149 before recovering marginally. Market observers indicate that these short-term setbacks could be a prelude to monumental price swings in either direction. Possible 40% Fall Before The Huge Rally A fresh analysis published on TradingView by SwallowAcademy indicates Dogecoin might see a dramatic drop before any significant price increase. The analyst looked into DOGE’s price action compared to Tether (USDT) on daily charts, where the meme coin has been known to be extremely volatile. Their plots indicate a sudden spike in the beginning of 2024 followed by a decline from highs around $0.23, then another downslide to $0.09 mid-year before recovering above $0.45. SwallowAcademy thinks that the same trend may develop in 2025. However, their prediction is that Dogecoin may decline another 40% to around $0.09, creating a zone of support before, possibly, skyrocketing 400% to $0.45. The price stands at over $0.15 currently, and the analyst is holding out for the anticipated drop to $0.09. The ‘False Break’ Pattern – What It Means A standalone analysis by Trader Tardigrade indicates Dogecoin’s initial “false break” since December 2024. The cryptocurrency has, in general, traced a downtrend of lower highs and lower lows, which are common bearish market indicators. After dropping to $0.13 on April 7, though, the price did bounce briefly before declining once more. Trader Tardigrade reads this as a “false breakdown” – potentially indicating the end of the downtrend. With prices remaining above the support line for a few days, this pattern may indicate an imminent bullish reversal. Based on their analysis, Dogecoin may aim for $0.42 if the reversal occurs. #Dogecoin Makes a False Break for the First Time Since Dec 2024 ???? It’s staying above the support line for days, confirming the characteristics of a false break. A new $DOGE bull run could start from this false break ???? pic.twitter.com/e8ui5FuFxV — Trader Tardigrade (@TATrader_Alan) April 15, 2025 Dogecoin Holder Behavior Statistics from IntoTheBlock show trends in Dogecoin holder behaviors that are differing. Long-term holders (more than one-year holders) lost 2.65% last month. The mid-term, or “Cruisers,” as they’ve been labeled by the report, who hold their coins for between one and twelve months, lost even more by 12%. On the other hand, short-term holders who held for under a month increased by 107%. This realignment is an indicator of increasing speculative demand as opposed to long-term confidence, possibly resulting in enhanced short-term price volatility. Related Reading: BNB Weathers The Storm Better Than Altcoins, Stats Show Large Holders Show Increasing Interest In spite of the conflicting signals from general users, big holders seem more and more interested in Dogecoin. The statistics indicate a consistent increase in big holder inflows – up 5.30% in the last week and a whopping 324% in the last month. Featured image from Pexels, chart from TradingView
Dogecoin has been among the top-traded tokens, which has been attracting enough liquidity, which has maintained the volatility. Meanwhile, the latest price action has remained stuck within a narrow range, hinting towards a drop in the bullish and bearish pressures. While the spot market remains uncertain, the whales seem to be confident of the upcoming …
Base, the blockchain network backed by Coinbase, faced backlash after promoting a meme coin called Base is for everyone. What started as a fun idea to experiment with on-chain content quickly turned into a nightmare. The coin’s value shot up fast, then crashed just as quickly, leaving many in the crypto space confused and frustrated. …
After experiencing significant selling pressure, the crypto markets are working hard to overcome the bearish influence. Meanwhile, the memecoins have begun to print bullish candles, but the main attraction remains Fartcoin (FARTCOIN), which has surged over 10%. The token was stuck within a pre-determined range for a while, and hence, a breakout indicates the arrival …
A recent poll indicates that financial experts remain skeptical if Shiba Inu is able to overtake Dogecoin in value. The poll, conducted by Finders, surveyed 14 finance experts for their opinion on whether SHIB will ever overtake DOGE in market capitalization. Their findings? A whopping 79% of the total participants believe that Shiba Inu will never flip Dogecoin in the area of market capitalization. Related Reading: Crypto Holders Beware! New Malware Drains ETH, SOL, XRP Wallets Survey Reports Overwhelming Consensus Against SHIB Flipping DOGE The results point to a distinct stance by the majority of experts. A mere 7% of those polled showed confidence that SHIB would at some point in the future surpass DOGE, and these few stalwarts predicted it could occur as soon as 2026. The other 14% were uncertain about SHIB’s fate. The overwhelming rejection of Shiba Inu’s ability to replace DOGE as the leading meme coin mirrors wider market opinion regarding the two tokens. Supply Issues Present Major Hurdle For Shiba Inu Huge challenges in the SHIB token supply are one potential consideration preventing overtaking Dogecoin, Dr. Sathvik Vishwanath, Unnocoin’s jurisdictional head, disclosed. Consider the circulating supply of SHIB at 589.25 trillion versus just 148.82 billion for DOGE: the supply gap is massive. Vishwanath said that despite Shiba Inu’s excellent tokenomics and solid community support, the massive token supply keeps SHIB from taking over DOGE’s market cap. Huge Disparity In Current Market Position At present, Dogecoin is at the eighth position among cryptos with a market cap of $24.60 billion, while Shiba Inu holds 17th place with a market capitalization of $7.3 billion. SHIB would have to increase its worth by 240% to reach DOGE’s current rank by assuming that Dogecoin’s price remains constant, and both tokens share the same circulating supply. Related Reading: Solana Hits Milestone As Canada OKs First Spot ETFs Current Whale Activity Suggests Possible Turnaround Contrary to the negative expectations of analysts, new trading statistics show a significant Shiba Inu rise. According to IntoTheBlock, with whales dominating, SHIB daily trade volume rose to 224 billion tokens in 24 hours. Inflows from large-holders increased from 96 billion SHIB on April 13 to over 224 billion on April 14. This rise in interest from major investors could be a sign of changing sentiment as whales will set up before they anticipate a move in prices. This isn’t the first time these cryptocurrencies have seen conflicts regarding superiority. In 2021, Shiba Inu briefly dethroned Dogecoin when its market cap touched $39 billion. Alas, this victory was short-lived as DOGE quickly reclaimed the title of the number one meme coin. Featured image from Pixabay, chart from TradingView
One of the most intriguing cryptocurrencies, Fartcoin (FART), has made surprising gains as a spate of market turbulence in April 2025 reached new heights. The meme token, trading at $0.83 when this report was made, surged 84% in the last week, elevating it into the spotlight of investors as global markets writhed in turmoil and tensions between the United States and China reached new highs. Related Reading: Bitcoin Maxi Takes Aim: Ethereum’s True Value? Lower Than You Think Price Nears Critical $1 Milestone Market statistics suggest that Fartcoin is trading under $1 but is testing key resistance levels. The technical indicators suggest that this token may soon be able to cross the important resistance level of $1.14. Analysts following the rise of the cryptocurrency expect that, on the barrier’s successful breach, prices would then rapidly escalate to the $1.25-$1.50 bracket. A high-profile transaction recently involved a major holder offloading 3.7 million Fartcoin tokens at $0.90. Even with this huge sale, the price of the token has remained stable around the $1 level, which implies continued confidence on the part of buyers. I think Fartcoin goes to $1.25 minimum on this run and possibly up to $1.50, will be prob scaling some out there Ofc there will eventually be a decent sized pullback but this meme has the most mindshare, great liquidity, and has transcended to normie world Hot air rises pic.twitter.com/p3zehbD20J — Altcoin Sherpa (@AltcoinSherpa) April 12, 2025 Experts Warn Of Potential Volatility Risks Market analysts have sounded a warning about Fartcoin’s steep price appreciation. The volatile nature of meme coins tends to lead to precipitous price declines with little notice. According to analyst reports, the token’s speculative nature makes it highly susceptible to sudden adjustments. As recent trading volumes show growth in interest for Fartcoin, this has been a waving flag for financial advisors that one should be cautious prior to making investments in highly volatile assets. This was also evidenced in the stability of the price currently around $1, which suggests that even with the risk associated, it does not dissuade many investors from projected profit maximization. Technical Analysis Shows Short-Term Bullish Indicators Ichimoku cloud indicator statistics state that Fartcoin has consolidated above a very strong support level. Technical analysts define this as indicative of a short-term bullish trend: the price remains above the green section of the cloud zone. Market players are keeping a close eye on whether the token is able to hold above $1, which would be an indication of further price potential. The cryptocurrency needs to break through key resistance levels at $1.14 and $1.60 to reach its next possible breakout. Related Reading: Boosting Ethereum: Bankless Cofounder Lays Out New Vision For Price Surge Mainstream Attention Up Despite Market Chaos In contrast to most other meme coins, Fartcoin has drawn interest from mainstream investors. The token’s broad recognition and high liquidity set it up for potential growth even as traditional markets flounder. Featured image from LinkedIn, chart from TradingView
The meme coin market is bouncing back after Trump stopped plans to raise tariffs and new inflation data showed signs of slowing down. This positive news helped Bitcoin move closer to $85,000, which triggered buying interest in popular meme coins like Dogecoin and Shiba Inu. Still, both DOGE and SHIB are having trouble breaking past …
In January 2025, U.S. President Donald Trump introduced a memecoin named $TRUMP. When it was launched, the price of the token reached as much as $75.35. But things didn’t remain good for long the token has now fallen by 83% and is currently available at about $8. A lot of investors have lost money. Reports …
Swiss asset manager 21Shares has openly endorsed Dogecoin, stating that the cryptocurrency has developed a long way from its origins as an online meme. The company cited Dogecoin’s whopping 130,000% price appreciation over the last decade as evidence of its longevity within the turbulent crypto space. Related Reading: XRP ETF Launch Impresses Even In Bear Market, Says Analyst Meme Currency Sees Serious Growth What began as an online joke in 2013 has become what 21Shares refers to as a “movement” in the crypto space. Dogecoin’s performance, the asset manager says, speaks for itself. The coin has recorded an annual growth rate of 125% since its inception, making it the best performer among the market’s top 25 largest cryptocurrencies by market cap. The growth is not just in value. User adoption has nearly doubled in recent years, with wallet addresses rising from 44 million to 84 million in four years. Such rapid growth shows that more people are holding and using the cryptocurrency despite its lighthearted origin. Dogecoin isn’t just a meme—it’s a movement. With 130,000%+ returns, a $30B market cap, and 84M+ wallets, DOGE is rewriting what value means in the digital age. Explore how culture, community, and memes drive this phenomenon. Read the full blog → https://t.co/wNFYdM2pjS pic.twitter.com/ojfYEkVCwQ — 21Shares (@21Shares) April 10, 2025 ETF Filing Marks Major Step For Dogecoin The Swiss company recently submitted an S-1 form to the US Securities and Exchange Commission for a Dogecoin ETF. The filing is a significant step forward for cryptocurrency, which began life as a prank. If accepted, the ETF would allow ordinary investors to own exposure to Dogecoin without buying or owning the cryptocurrency itself. According to regulatory filings, the new fund would be commodity-based, providing an alternative method of bringing Dogecoin into portfolios using traditional investment vehicles. 21Shares Announces Partnership With Dogecoin Foundation 21Shares also announced that it has partnered with the House of Doge, the official business entity of the Dogecoin Foundation. From reports, the partnership is said to further entrench Dogecoin with conventional financial systems. Related Reading: Bitcoin Bulls Crushed: $500 Million Liquidation Shakes Market Confidence The alliance brings a new legitimacy to the currency, with traditional financial institutions now viewing it as a legitimate asset class and not merely an internet fad. Institutional support may entice more risk-averse investors who shunned the meme-coin in the past. New Exchange-Traded Product Launches With Physical Backing In a further demonstration of its dedication to Dogecoin, 21Shares has introduced an exchange-traded product fully supported by the Dogecoin Foundation. This investment product will be collateralized by real Dogecoin in a 1:1 ratio, such that every share equates to holding real cryptocurrency in cold storage. The firm will charge a management fee of 0.25% for this product, which is fairly competitive against peer cryptocurrency investment products. This physical backing model provides investors with confidence that their investment holds a real-world basis in the form of coins and not synthetic derivatives. Featured image from Unsplash, chart from TradingView
The value of the Official Melania Meme (MELANIA) has recorded a decline of more than 96 percent in the past three months. The memecoin, which is associated with First Lady Melania Trump, has failed to gain significant traction akin to the Official Trump (TRUMP) memecoin. Moreover, the latter has maintained a market cap and a …
21Shares has officially filed to launch a Dogecoin ETF in the U.S., aiming to bring the popular meme coin to Wall Street. The company submitted an S-1 registration form with the SEC and is also awaiting its approval of a 19-b4 filing, both of which are needed before its trading can begin. Notably, the 21 …
Today, April 9, 2025, following the opening bell of the US market, the overall cryptocurrency market jumped by 1.90%, indicating a potential upside rally. Amid this, Pepe (PEPE), the popular meme coin, has formed a bullish price action and is poised for a massive upside rally. Pepe (PEPE) Technical Analysis and Upcoming Levels According to …
As the Western financial markets radially opened on Wednesday, April 9, the overall crypto volatility has continued to surge in tandem with the global stock markets. The cryptocurrency market has not been spared in the ongoing bearish sentiment, despite not being directly included in the ongoing tariffs trade wars. Since Donald Trump took office earlier …
Bonk (BONK), the popular Solana-based meme coin, is on the verge of a massive price crash. This bearish outlook emerges during a period when major cryptocurrencies are experiencing massive sell-offs and price crashes. BONK Technical Analysis and Upcoming Level According to expert technical analysis, BONK appears bullish but is currently at a make-or-break level of …
Fartcoin price held steady on Tuesday as it became the best-peforming top-100 cryptocurrency token. The token jumped by over 25%, reaching a high of $0.6040, its highest level since March 26, and 200% above the lowest level in March. It has become the best-performing Solana meme coin. Fartcoin, the Solana based memecoin on Tuesday became …
Despite a recent 16% price decline, Dogecoin (DOGE), the world’s largest crypto meme coin, is poised to continue its downward momentum. The reason behind this speculation is the formation of a bearish price action pattern on the daily time frame amid ongoing bearish market sentiment. Dogecoin (DOGE) Technical Analysis and Upcoming Levels According to CoinPedia’s …
Pump.fun's cautious livestreaming return highlights the ongoing challenge of balancing user creativity with effective content moderation.
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With a slight rise in the bullish strength, memecoins rebounded the hardest, as they do each time, with Dogecoin, FLOKI, Pepe & Bonk leading the recovery. The recovery in the DOGE price was followed by a drop of over 4% triggered by Elon Musk’s comment of Dogecoin not being adopted by the government. Meanwhile, the …
The Layer-2 blockchain of a popular meme coin has achieved a remarkable feat processing over 1 billion transactions since its inception in 2023. The significant milestone attained by Shibarium, the Layer-2 blockchain of Shiba Inu, could be an indication of the growing adoption of the token within the cryptocurrency space. Related Reading: Could XRP Actually Reach $10,000? Expert Weighs In Shiba Inu Milestone: 1 Billion Transactions Reports disclosed that in less than two years, Layer-2 blockchain Shibarium has already made a mark in the crypto space after the token has processed its 1 billionth transaction. Meme coin Shiba Inu only introduced Shibarium in August 2023 and four months before celebrating its second anniversary, its transaction volume has surpassed the 1 billion mark. Analysts said that Shibarium achieved the incredible feat of 1 billion transactions yesterday, March 31, noting that the Layer-2 blockchain was able to reach that level after recording four million transactions daily. As of writing, Shiba Inu’s blockchain has reached the record level with a current transaction volume of over 1.001 billion. Market observers believed that Shibarium’s achievement suggested that the blockchain can handle high transaction volumes, which they attributed to the token’s robustness and the active participation of the blockchain community. Faster Than Bitcoin Crypto analysts said that other blockchains like Bitcoin and Ethereum have already processed more than a billion transactions. However, they noted that what makes Shibarium’s achievement stand out is the speed at which it reached that remarkable feat. Market observers compared Shibarium with other established blockchains that attained the same mark. They explained that Shibarium’s journey to attain 1 billion transactions is unique because the Layer-2 blockchain achieved it faster than the other blockchains. For example, Bitcoin needed 15 years to reach 1 billion transactions, while Shibarium did it in less than two years. Over 193 Milion Addresses Aside from the milestone in transactions, the popular L2 blockchain also has more than 193.93 million blockchain addresses that have interacted with Shibarium since it was introduced in 2023. According to Shibariumscan, Shiba Inu’s blockchain network boasted a total of 10.23 million mined blocks, with an average block time of 5.0 seconds. Related Reading: Pepe Whale Triggers Panic, Dumps 150 Billion Tokens As Price Falls The Layer-2 blockchain was launched on August 16, 2023, after posting its first transaction. Early in its operation, the Shibarium faced technical issues that put it offline for two weeks after it was launched. It went online again in late August 2023 and has been operational ever since. Featured image from Gemini Imagen, chart from TradingView
Whispers of a potential big jump for XRP are circulating, with one analyst suggesting it could hit $27 by June. This prediction hinges on a look back at how XRP has behaved in the past. The crypto market has been a bit bumpy lately, and XRP has felt that too, much like other digital coins. Related Reading: Pepe Whale Triggers Panic, Dumps 150 Billion Tokens As Price Falls Echoes From The Past Crypto analyst Egrag Crypto is pointing to a recurring pattern in XRP’s price history. He sees similarities between the current market situation and what happened back in 2017 and 2018, during a major crypto boom. If this pattern plays out again, XRP could see a massive increase in value. We’re talking about a possible rise of around 718% from where it is now. #XRP – $27 In 60 Days!!!!! Historical Patterns Indicate It Can Be Done in 60 Days! ???????? What’s your take on the current market sentiment? ???? Are you feeling #Bearish or #Bullish? ???????? I’d love to hear your thoughts—drop your comments below! ???????? pic.twitter.com/kDSAo8rENt — EGRAG CRYPTO (@egragcrypto) March 31, 2025 Key Numbers To Watch For this prediction to even start looking real, XRP needs to break through some important price points. The immediate challenges are around $2.62 and then $3.0. After that, the report highlights $3.4 as a really crucial level. Getting past these numbers could signal that the upward trend is gaining strength. The analyst also suggests that if XRP does climb significantly, the area around $9.7 might be a good place for people to take some profits before aiming for the ambitious $27 target. What Could Fuel The Rise At the time of writing, XRP was trading at $2.15. The altcoin was up nearly 4% in the last 24 hours, but sustained a 12% drop in the last week, data from Coingecko shows. Meanwhile, several things could help push XRP towards that $27 mark. More people buying in would be among the factors. Related Reading: Could XRP Actually Reach $10,000? Expert Weighs In Positive news on regulations and geopolitical tensions may also come into play. And of course, if the whole crypto market begins to rise, that wave may also lift XRP. There’s a lot to take into account, and the world of crypto is all about the rollercoaster ride. Only time will tell if history will indeed repeat itself here. Featured image from Gemini Imagen, chart from TradingView
Amid market uncertainty, Dogecoin (DOGE), a popular and the world’s largest crypto meme coin, appears to be struggling to gain momentum. Amid this, a prominent crypto expert shared a post on X (formerly Twitter), indicating that the meme coin is facing resistance at two key levels: $0.18 and $0.21. Meanwhile, the expert further noted that …
A big player in the world of Pepe coin has cashed out a large chunk of their holdings, causing the price of the meme coin to wobble. This investor, who got in early on Pepe, sold off 150 billion tokens on a crypto exchange, Binance. The sale amounted to about $1.14 million. It’s a significant move that has caught the attention of people who follow the ups and downs of these digital currencies. Related Reading: Bitcoin And Ethereum Face $14 Billion Options Expiry—Market Impact Ahead? Early Investment Pays Off Big The story gets even more interesting when we look at how much this investor initially put into Pepe. Reports say they only spent around $2,184 to buy a massive 1.5 trillion Pepe tokens way back when. A $PEPE OG sold 150B $PEPE($1.14M) again 5 hours ago. This OG spent only $2,184 to buy 1.5T $PEPE($43M at the peak) in the early stage. He sold 1.02T $PEPE for $6.66M, leaving 493B $PEPE($3.64M), with a total profit of $10.3M(4,718x).https://t.co/tyzLr10sGj pic.twitter.com/FD6fFpyqCi — Lookonchain (@lookonchain) March 29, 2025 Now, after selling off some of their stash, this person has already made a profit of $6.66 million. That’s like getting back almost 4,718 times their initial investment. Even after this big sale, they still have a considerable amount of Pepe left – about 493 billion tokens, which are currently worth around $3.64 million. Price Takes A Dip News of this large sale seems to have affected the price of Pepe. Over the last day, the value of the coin dropped by about 4.59%, according to the transaction. Other sources are even reporting a slightly bigger drop, over 5%. Right now, one Pepe coin is trading for about $0.00006976. It’s a reminder that when someone holds a lot of a particular cryptocurrency, their actions can have a real impact on the market price. Market Shows Signs Of Weakness It’s not just this big sale that’s putting pressure on Pepe’s price. The total cryptocurrency market has been moving a bit slow recently, and that’s contributing to the negative trend for Pepe. Although the price is lower, plenty of trading is still going on with Pepe. The trading volume in one day has actually increased by around 3.90% to $421.28 million. That indicates that even with the price decline, individuals are continuing to buy and sell the meme coin. Related Reading: Could XRP Actually Reach $10,000? Expert Weighs In Technical Indicators Point Downward Glancing at some of the technical charts that traders follow, things don’t appear too good for Pepe at this moment. One of them, known as the MACD, indicates a bearish signal, which means the price may continue to go down. Another one, the RSI, is in what’s termed “oversold” territory, at 24.55. This generally indicates there’s been considerable selling pressure. Data also shows that money has been flowing out of Pepe since the middle of January, which isn’t a good sign for its price. Some analysts are even predicting that if Pepe stays below a certain price point, around $0.0000075, it could fall another 20% to about $0.00000585. Featured image from Gemini Imagen, chart from TradingView
Dogecoin has experienced a significant decline in the past few hours, facing a sharp selloff near resistance levels. This drop was triggered by a statement from Elon Musk, the head of the Department of Government Efficiency (DOGE), clarifying that the U.S. government does not intend to adopt the widely-known memecoin, Dogecoin. Dogecoin’s Netflow Trends Negative …
Musk's clarification may temper speculative crypto market reactions, emphasizing a focus on government efficiency over crypto integration.
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A crypto analyst predicts that the popular meme coin, Dogecoin, could be up for a potential price surge, seeing the token reach $1. Market expert Henry said the meme coin could be gearing up for a possible “huge breakout” as shown in recent chart patterns. Related Reading: XRP Price Imminent Breakout: $5.30 On The Cards, Analyst Says Breakout Might Be Coming Henry declared in an X post that Dogecoin could experience a price rally any time soon after the analyst examined the meme coin’s price movement. There is so much uncertainty and negative sentiment in the broader cryptocurrency market today, but many investors have maintained their positive outlook on the coin as it showed some flashes of strength this week. $DOGE huge breakout starting imo. Last time It did similar thing was at Sep 24. 50¢ next, then $1.00 Trust the cycle ???? pic.twitter.com/q7oiQTkOjg — Henry (@LordOfAlts) March 26, 2025 The crypto analyst forecasts that recent chart patterns revealed that the popular meme coin is up for a potential surge. “$DOGE huge breakout starting,” Henry said in a post, a prediction that can bring a great deal of excitement among traders. The analyst added that the last time Doge was in a similar situation was on September 24. Dogecoin Could Hit $1 Henry presented a chart in a post that illustrates the price movement of Dogecoin, saying that the meme coin could be heading for a huge breakout. According to the crypto analyst, if investors would look closely in the chart, they will observe that DOGE has broken out of a triangle flag pattern on the daily candle chart, noting that the meme coin has been locked in the triangle flag pattern since December 2024. Henry interpreted this pattern as an indication that Dogecoin could be up for a price increase, saying that the coin might be moving towards the $0.50 mark. The crypto analyst suggested that after DOGE reaches the $0.50 mark, the meme coin could surge further to hit the all-time high of $1, noting that the coin needs to hold above the top of the pattern to achieve this milestone. At the time of writing, Dogecoin is traded at $0.173 per coin, down by 4.6% in the last 24 hours. It seems the meme coin could be retesting this pattern. Related Reading: Sam Bankman-Fried Transferred To Oklahoma Prison After Defying Interview Rules A Similar Pattern In September The crypto analyst said that historically, DOGE experienced a similar price action in September 2024, noting that it broke out of an extended correction that started in March 2024. Henry emphasized that investors saw during the September 2024 breakout over a 400% surge in the coin’s price that it went above $0.48. For DOGE to hit $1, it needs to have a 450% increase. Featured image from Gemini Imagen, chart from TradingView
During the ongoing bearish market sentiment, Pepe (PEPE), the world’s third-largest meme coin, has lost its key support and is poised for a massive price drop. Meanwhile, on March 29, 2024, blockchain-based on-chain analytics firm Lookonchain posted on X (formerly Twitter) that an OG PEPE holder—an early investor in the meme coin—has dumped billions of …
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