Dogecoin (DOGE) To Be Twitter’s Native Currency After Elon Musk Takeover?
After Elon Musk Twitter takeover talks resurface, there is a speculation about Dogecoin (DOGE) potentially becoming Twitter’s official native currency. In a latest development, Musk has reportedly proposed to buy Twitter for the original offer price of $54.20 a share. In this context, Elon Musk’s close association with the DOGE project is resulting in a new The post Dogecoin (DOGE) To Be Twitter’s Native Currency After Elon Musk Takeover? appeared first on CoinGape.
Dogecoin [DOGE]: Assessing the odds of a 15% drop on the charts
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. DOGE continues to trade under its month-long resistance at $0.065 More downside remains the likelier path for DOGE Dogecoin [DOGE] recorded a surge in mid-August and threatened to break past the $0.078-resistance level. For the […]
Dogecoin’s recent social media hype has few lessons for potential traders
According to LunarCrush’s new report published on 24 September, Dogecoin has been showing extreme growth in its social media department. This new spike in social media growth could have been sparked by Ethereum founder Vitalik Buterin’s comments that he made with regard to Proof of Work blockchains. Word on the street During a recent event […]
Rejoice DOGE investors! Your wish for better days has been granted
Dogecoin [DOGE], one of the most popular memecoins, was recently back in the limelight as it registered promising gains over the last seven days. DOGE’s performance was just behind the current leader XRP, as its value grew by 5% in 24-hours. At press time, DOGE was trading at $0.06606, which is a 9% seven-day increase. […]
Dogecoin Recovery Initiated With $0.065 Breakout; When Can You Enter?
The Dogecoin(DOGE) shows a high momentum V-shaped recovery from the $0.057 monthly support. The three days winning streak with sufficient volume indicates strong bullish momentum. Moreover, the prices have recently breached the $0.065 resistance providing an entry opportunity for interested traders. Key points: The potential buyers should for the daily candle to close above $0.065. The post Dogecoin Recovery Initiated With $0.065 Breakout; When Can You Enter? appeared first on CoinGape.
DOGE Whales On Accumulation Spree Amid Negative Sentiment, Here’s Why
While several cryptocurrencies have lost value over the past few days, memecoin DOGE took a significant price jump. Even Dogecoin’s (DOGE) rival SHIB has lost nearly 6% over the past one week. In parallel with DOGE price rise, the high net worth investors have actually increased their positions in recent times. On the other side, The post DOGE Whales On Accumulation Spree Amid Negative Sentiment, Here’s Why appeared first on CoinGape.
Dogecoin overtakes Polkadot but will it continue to climb upwards
After securing its place as the second largest POW blockchain, Dogecoin has set its sights on DOT as it managed to win back the tenth place in terms of market capitalization. But the question is- Will the meme coin continue to grow? Dogecoin had lost its spot as one of the top coins in terms […]
$0.063 and $0.061 can be used to buy Dogecoin with stop-loss at…
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin [BTC] was able to find good demand in the $18.6k zone and quickly surged past the $22k mark. In the next few days, $22.6k and the $24k mark could be tested as well. Such […]
Losing this level could see Dogecoin drop swiftly to $0.048
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Dogecoin [DOGE] has been in a downtrend since November 2021. The downtrend has been interspersed with swift rallies of double-digit percentage gains. One such rally for DOGE in the past month, when DOGE climbed nearly […]
Shiba Inu vs. Dogecoin: Battle of meme coins has been won by…
It is no secret that the crypto market was taken aback after the 19 August sell-off. Market skeptics continue to warn about the dire conditions in the macro scenario. Among the losers of the sell-off are the prized meme tokens: Shiba Inu and Dogecoin. Both the tokens were enjoying their respective bullish activity until the […]
Dogecoin investors must consider these signs before making an exit
Dogecoin [DOGE], the world’s leading meme coin in terms of market capitalization, gained steady upward momentum in late June after marking its 2022 low of $0.050. Now, after witnessing low volatility phase for a few weeks, DOGE’s price surged on 14 and 16 August. Thus, allowing it to outperform several other cryptocurrencies and reach $0.086. […]
What are the reasons behind Dogecoin’s [DOGE] 23% jump
The highest ranked meme coin, Dogecoin [DOGE], is expected to attempt a resurgence after the rise of Shiba Inu [SHIB] recently. As it has been widely covered, Shiba Inu has been gaining value rapidly in the past week. This has ascertained pressure on the rival Dogecoin as the dog-themed tokens lock horn in the crypto […]
If you’re a DOGE investor, there might be some hope after all
Dogecoin traders are once again contemplating their unfair predicament as yet another week comes to an end. Many of the top cryptocurrencies have seen healthy price swings this week, but DOGE continues to behave like a stablecoin. To sum up its price action, Dogecoin was trading at $0.70, at press time. It has been hovering […]
Everything Dogecoin holders should know to avoid losing trades
Memecoins have made people millionaires in the past. Yes, that is correct. However, with most meme projects offering no specific utility and tokens’ prices mostly influenced by online comments from popular figures and general market conditions, investors have become increasingly skeptical of long-term investments in these coins. With no significant ecosystem upgrades in the past […]
Can DogeCoin [DOGE]’s surge in network activity mean something for its price
In the last two months, the popular meme coin, Dogecoin [DOGE], logged a 256% uptick in the number of unique addresses that traded the Elon-backed coin daily, as per latest data. #Dogecoin price dropped ~15% in the last 2 months, from $0.082 to $0.068. Meanwhile, the # of new daily $DOGE addresses surged by 265%, […]
Dogecoin: Is ‘the longer, the better’ strategy profitable for traders
Dogecoin is maintaining its position among the top 10 cryptocurrencies by somehow managing to stay relevant. However, from an investor’s point of view, DOGE is gradually failing to be worthy of short-term investments. Dogecoin to fall back again? Despite recovering by 25.17% in the span of a month, DOGE is nowhere close to giving […]
DOGE holders might be amazed to look at their portfolio, thanks to…
In the last month, the Mean Dollar Invested Age (MDIA) for the popular crypto meme coin, DOGE, has been on an uptrend, according to data from Santiment. However, in the last few days, according to the MDIA, the average investment in the DOGE has dropped from 264 days (on 18 July) to 206 days (22 […]
Analyzing the challenges Dogecoin [DOGE] may face trying break free from Bitcoin [BTC]
It is no hidden fact that Bitcoin [BTC]’s dominance in the crypto market has a profound effect on other cryptocurrencies and their price movements. And stuck in a similar conundrum is the memecoin, Dogecoin [DOGE], which has been stuck following the king coin’s defined trajectory. But with Bitcoin consolidating for over a month now, DOGE […]
Dogecoin: Important resistance level on lower timeframe will be…
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. The Dogecoin price chart has followed the longer-term trend of Bitcoin quite closely since April. In fact, going back as far as December, DOGE still moved upward when Bitcoin had green trading days. However, […]
Dogecoin’s price slips back after a fakeout, what’s next for investors
Dogecoin’s price, unlike a lot of altcoins, seems to be holding above its support levels despite the nasty market crash since 5 May. The crash pushed DOGE inside its bullish setup, where it awaits a breakout. Dogecoin price needs reevaluation Dogecoin price describes a falling wedge pattern and has been doing so since its all-time […]