Tag: Dogecoin

Will Dogecoin Dip To Local Support As Coin Trades Sideways?

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Dogecoin started losing value as soon as it fell outside its ascending parallel channel. At the moment, Dogecoin is trading laterally. Over the last 24 hours, DOGE went up by 0.3%, which confirms that the coin was stuck in a consolidated price region. Last week, Dogecoin brought in close to 4% gains. The technical outlook for the Dogecoin price depicted that bearish momentum had set in. Demand and accumulation for the meme-coin depreciated when it started to trade sideways. The meme coin noted a price pullback after it breached the…

Dogecoin, Shiba Inu & Bonk Inu Recently Combine for $25B in Monthly Trading Volume

Canine-inspired tokens, including Dogecoin and Shiba Inu, saw around $25 billion in trading volume in the past month.  Dogecoin (DOGE), Shiba Inu (SHIB), and Bonk Inu (BONK) have collectively accounted for $25.6 billion in trading volume within the past month. By comparison, leading crypto Bitcoin (BTC) has accounted for $618.7 billion worth of trading volume in the same period. Nonetheless, the canine-themed digital currencies’ recent trading volume underscores how popular they are still. DOGE and SHIB remain the leaders in this category, with the former being the top dog. As…

Dogecoin DOGE Sees Its Carbon Footprint Reduce by 25%, Here’s Why

DOGE may have been particularly focused on environmental sustainability – one of the most topical issues of the blockchain industry. Recent research from Forex Suggest has shown that Dogecoin (DOGE) was able to reduce its carbon footprint by a whopping 25% in just a year. DOGE was the only meme coin to achieve this feat in 2022. Carbon footprint remains a key metric for mainstream adoption and over the years, several debates have risen over the high energy demands of some networks. That was one of the main reasons why…

Snowfall Protocol (SNW) Presale Is Selling Out and Is Looking For 30X Gains in 2023. Will it Overtake Shiba Inu (SHIB) or Dogecoin (DOGE)

Place/Date: – January 16th, 2023 at 5:10 am UTC · 3 min read Source: Snowfall Protocol Snowfall Protocol (SNW) has been a huge success so far, and many experts are tipping the SNW token to eclipse the incredible runs of Dogecoin (DOGE) and Shiba Inu (SHIB) in the spring of 2021. Dogecoin (DOGE) and Shiba Inu (SHIB) provided crypto investors with eye-watering returns on their capital, and many millionaires were made during that period. However, crypto investors now have their eyes set on Snowfall Protocol (SNW). Read on to learn…

BONK Tumbles 66% – Can The ‘Dogecoin Killer’ Live Up To Its Name?

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The previous 24 hours have been impressive for the cryptocurrency market, which is seeing a broad-based rebound on numerous fronts. Despite this development, as evidenced by a combined crypto market valuation increase of 3.4% to $880 billion as of Thursday, Solana’s newly minted canine-centered memecoin BONK has experienced a huge price decline relative to its competitors. As of writing, BONK is trading at $0.000000968754, and down a whopping 66% in the last seven days, data by Coingecko show. In the last 24 hours alone, BONK has lost 1.6% of its value. Chart:…

Dogecoin Price Prints Bullish Pattern, Why Close Above $0.08 Is Critical

Dogecoin formed a base near $0.066 and started a fresh increase against the US Dollar. DOGE could rise further if there is a close above the $0.080 resistance. DOGE gained pace and traded above the $0.075 resistance against the US dollar. The price is trading above the $0.0750 zone and the 100 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.0740 on the 4-hours chart of the DOGE/USD pair (data source from Kraken). The pair could rise further if there is a clear…

Dogecoin (DOGE) And Shiba Inu (SHIB) Investors Are Moving Their Interest To Snowfall Protocol (SNW)

Place/Date: – January 11th, 2023 at 10:08 pm UTC · 4 min read Source: Snowfall Protocol Recall the incredible runs of Dogecoin (DOGE) and Shiba Inu (SHIB) in the spring of 2021? These tokens built strong communities that powered them to eye-watering returns. Lots of new millionaires were minted while countless people were lifted from poverty. These same communities are now positioning themselves in the next token that would fetch similar kinds of returns and most of them believe it to be Snowfall Protocol (SNW). Time to follow the money,…

3 Reasons Crypto Whales Are Exploring HedgeUp (HDUP) and Dogecoin (DOGE) 

Place/Date: – January 9th, 2023 at 1:00 pm UTC · 4 min read Source: HedgeUp You may be wondering what whales are in crypto. Whales are investment entities or individual investors that hold a considerable amount of cryptocurrency. They check ahead of time if a token or a coin has qualities that prompt huge investment returns before deciding to hold a large amount. HedgeUp (HDUP) and Dogecoin (DOGE) are rapidly finding their way into the hands of whales. Big investors are interested in holding these two tokens for a substantial…

Dogecoin (DOGE) Is Now 4th Most Popular Cryptocurrency On BitPay

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Dogecoin, a dog-themed meme crypto that appears to enjoy strong ties with tech billionaire and Twitter owner Elon Musk, appears to be struggling to gain enough ground for a major upward swing. After peaking at $0.0749 on January 5, DOGE fell victim to a price retracement that pulled it all the way down to $0.0705 the following day. Since then, the altcoin launched a mini rally to recoup some of its losses, enabling it to notch a 2.4% increase in value over the last seven days. According to tracking from…

Dogecoin Price Falls, Wise Idea To Short?

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The Dogecoin price has remained motionless over the past several weeks. In recent times, due to constant lateral trading, DOGE lost the $0.072 support line. Over the past 24 hours, the coin has dipped nearly 3% on its chart. The meme coin has only moved 0.7% in the last week. As Bitcoin started to act wobbly on its chart, many altcoins that had made gains started to retrace on their respective charts. Technical indicators, however, suggest that the asset might register gains over the next trading session. The coin has…