Shiba Inu Burn Rate Ignites 3,674% On Election Day, Will SHIB Move With Dogecoin Price To New ATH?

Este artículo también está disponible en español. Shiba Inu (SHIB) recently witnessed a significant increase in its burn rate, surging 3,674% on U.S. presidential election day. Interestingly, this spike has come amid reignited interest in the SHIB price. This surge in activity cuts across the wider industry as traders look to capitalize on the election dynamics.  Aside from Shiba Inu, Dogecoin has also witnessed a surge in trading activity and volume, and it is left to wonder if SHIB will rally alongside the Dogecoin price and reach new all-time highs.…

Dogecoin (DOGE) Jumps 10%+: Is More Upside Ahead?

Dogecoin started a fresh surge above the $0.180 resistance against the US Dollar. DOGE could continue to rise if it clears the $0.2200 resistance. DOGE price started a fresh rally like Bitcoin and climbed above the $0.180 resistance level. The price is trading above the $0.1800 level and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $0.1620 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could continue to rally if it clears the $0.2150…

Dogecoin Rockets Up 12%, But This FOMO Signal Could End Rally

Este artículo también está disponible en español. Dogecoin has seen a jump of over 12% during the past day, but this trend brewing in an on-chain indicator could spell a bearish end to the run. Dogecoin Investors Have Been Showing Signs Of FOMO Recently In a new post on X, the on-chain analytics firm Santiment has discussed about how the trend in the Total Amount of Holders has been like for the various top coins in the cryptocurrency sector. Related Reading The “Total Amount of Holders” here refers to an…

Dogecoin Price Rally Gains Momentum, Will DOGE Smash Through $0.18?

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Dogecoin Price Marks Local Bottom, Can Price Run 100% From Here Again?

Este artículo también está disponible en español. Crypto analyst Trader Tardigrade has revealed that the Dogecoin price has marked a local bottom. He further provided insights into what could come next for the foremost meme coin, with a 100% price rally from its current level on the cards.  Dogecoin Price Forms Local Bottom In an X post, Trader Tardigrade mentioned that the Dogecoin price has formed a local bottom signal. He explained that whenever the DOGE Moving Average Convergence Divergence (MACD) bearish cross forms, Dogecoin tends to trade sideways for…

Why Is Dogecoin Going Up? Key Drivers Of DOGE’s 10% Surge

Este artículo también está disponible en español. While the broader crypto market experiences a slight downturn ahead of today’s US presidential election, Dogecoin (DOGE) has defied the trend by surging 10% in the last 24 hours. Over the past three days, DOGE has rallied more than 20% from its local low of $0.14219 on Sunday. Analysts attribute this remarkable performance to speculation surrounding the election and its potential impact on Dogecoin. Why Is Dogecoin Price Going Up Today? Several crypto analysts have identified Dogecoin as the leading “Trump trade” within…

Dogecoin Whales Record Largest Accumulation Week Since January With 2.10 Billion Tokens Bought

Este artículo también está disponible en español. Dogecoin has achieved another historic milestone, as Dogecoin whales recorded their largest accumulation week since January 2024. Over 2.1 billion DOGE tokens were purchased during this period, underscoring the resurgence of interest and renewed confidence in the doggy-themed meme coin among prominent large-scale investors.  Dogecoin Whales Set New Accumulation Record  Over the past week, Dogecoin whales have been on a significant accumulation trend, buying more DOGE tokens than ever since the beginning of this year, when the positive sentiment surrounding meme coins was…