Crypto analyst Mags has raised the possibility of Dogecoin (DOGE) recording a 700% price surge that will send it above $1. The analyst’s prediction follows a recent recovery in Dogecoin’s on-chain metrics, which paint a bullish picture for the meme coin. Dogecoin About To Go Parabolic Mags remarked in an X (formerly Twitter) post that Dogecoin is about to go parabolic. He claims that the foremost meme coin will make a 700% move in this cycle as it rises above $1. Related Reading The analyst is known to have rightly…
Tag: Dogecoin
Kabosu: The Iconic Shiba Inu Face of Dogecoin Passes Away
Kabosu, the Shiba Inu dog from Japan, known worldwide as the face of the “Doge” meme and Dogecoin, has passed away. Adopted by Atsuko Sato in 2008, Kabosu’s image became a viral sensation in 2013 when a photo of her was used in the creation of the “Doge” meme. This meme, characterized by phrases in […] Source CryptoX Portal
Dog That Inspired Dogecoin (DOGE), Shiba Inu (SHIB)
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Coinbase Bears The Brunt Of Supreme Court’s Dogecoin Verdict, DOGE Suffers 4% Slump
In a recent ruling that could have implications for the crypto industry, the US Supreme Court unanimously sided against US-based cryptocurrency exchange Coinbase, over a 2021 Dogecoin (DOGE) sweepstakes dispute. The court’s decision, delivered by Justice Ketanji Brown Jackson, dismissed Coinbase’s argument that a ruling against it would invite legal turmoil, emphasizing the importance of contractual agreements and the role of courts in resolving disputes. Coinbase Arguments Dismissed The key issue was whether the dispute should be submitted to arbitration or litigated in court. According to Bloomberg Law, the court…
Coinbase Whale Begins Accumulating Dogecoin (DOGE) Rival From Crypto Exchange: On-Chain Data
A deep-pocketed investor is suddenly accumulating massive amounts of a Dogecoin (DOGE) rival from top US crypto exchange Coinbase, on-chain data shows. Digital asset tracker Lookonchain notices a crypto whale spent 606,00 USDC to buy nearly 228,000 dogwifhat (WIF) memecoins. “A whale is buying WIF! The whale created a new wallet and withdrew 1.83 million USDC from Coinbase to buy WIF. So far, he has spent 606,000 USDC to buy 227,896 WIF at $2.66, with 1.22 million USDC left. The purchase is in progress [on May 20th].” WIF is trading…
Dogecoin Forms Symmetrical Triangle, Rally On The Horizon?
Amidst a significant surge displayed by Dogecoin (DOGE) recently, popular crypto analyst Crypto Daily Trade Signals has identified a symmetrical triangle pattern in the price movements of the crypto asset, indicating a possible continuation of the present rising trend. Based on the expert analysis, Dogecoin, which has attracted a lot of attention and interest from investors lately, may be preparing to build on its current momentum and make more gains. Significance Of Dogecoin Symmetrical Triangle Pattern A symmetrical triangle chart pattern is a consolidation phase that precedes a forced breakout…
Crypto Analyst Says ETFSwap (ETFS) Will Lead The 2024 Bull Run Ahead Of Dogecoin (DOGE) And Shiba Inu (SHIB) – Blockchain News, Opinion, TV and Jobs
A crypto analyst has predicted that ETFSwap (ETFS) will lead the upcoming 2024 bull run, potentially surpassing Dogecoin (DOGE) and Shiba Inu (SHIB). A crypto analyst has unveiled the next crypto project set to lead the 2024 bull run, outpacing prominent cryptocurrencies like Dogecoin (DOGE) and Shiba Inu (SHIB). According to this analyst, ETFSwap (ETFS) has positioned itself as a frontrunner in the upcoming bull market, garnering the attention of institutional investors and crypto enthusiasts alike. Dogecoin (DOGE) Volatility Points To Stagnation According to data from IntoTheBlock, Dogecoin (DOGE) has…
Did A Dogecoin Whale Sink The DOGE Ship? $30M Mystery
Dogecoin (DOGE), the meme-inspired cryptocurrency with a loyal following, has been riding a wave of optimism lately. Over the past week, its price surged by nearly 8%, much to the delight of investors. However, a recent move by a large DOGE holder has cast a shadow of uncertainty on the future of this playful pup’s price trajectory. Related Reading Dogecoin Fueled By Market Bulls And Short Squeeze The broader crypto market sentiment has been bullish recently, and DOGE has been happily wagging its tail along. The past week saw a…
Is Dogecoin About to Take Off? Indicators Suggest Upward Momentum Ahead
Dogecoin corrected gains and tested the $0.150 zone against the US Dollar. DOGE is now forming a base and might start a fresh increase above $0.1520. DOGE price jumped toward $0.160 before correcting gains. The price is trading above the $0.150 level and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $0.1485 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price must settle above $0.1540 to move into a positive zone and start a fresh surge. Dogecoin…
Dogecoin Successfully Breaks Out Above $0.153, What Next?
Bulls in Dogecoin (DOGE) seem to have stepped up their game as the daily price chart of the biggest meme coin in the world is trending positively, fueling speculations about an impending rally. Kevin Capital, a cryptocurrency market expert and enthusiast has offered insights on DOGE’s price action, confirming an effective break out for the crypto asset, as it surpasses the $0.153 resistance level. Dogecoin Surpasses the $0.153 Resistance It is noteworthy that the crypto analyst Kevin previously predicted that for Dogecoin to move higher it needs to break above…