Tag: Dogecoin

3 reasons why Dogecoin price can now gain 50% by September

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At least three market catalysts show that Dogecoin (DOGE) could climb by at least 50% by the end of Q3/2022. Falling wedge breakout in play Dogecoin has been painting a “falling wedge” pattern on its longer-timeframe charts since May 2021, hinting at potential for a bullish reversal in the coming months. Falling Wedges appear when the price trends lower inside a range defined by two descending, converging trendlines. Their occurrence coincides with declining trade volumes, suggesting that trading activity slowed down due to the narrowing price range. A break of…

Dogecoin Jesus? Roger Ver resurfaces on Twitter, backs DOGE over BTC

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Roger Ver, an early investor and ardent promoter of Bitcoin (BTC) which earned him the moniker “Bitcoin Jesus” has resurfaced on Twitter after a year and backed Dogecoin (DOGE) in an interview, preferring it for payments over the world’s first crypto. In an interview with Bloomberg, the Bitcoin.com founder said how he was a fan of the memecoin due to its fast transaction times and low fees: “Dogecoin is significantly better, it’s cheaper and more reliable [than Bitcoin]. If I had to pick three contenders for the world’s dominant cryptocurrency,…

Dogecoin Displays A Falling Wedge Pattern; Here’s What It Means

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Dogecoin was struggling beneath its immediate resistance mark over the past 72 hours. The meme coin was seen consolidating on its charts. In the last 24 hours, Dogecoin barely displayed any price action. Bitcoin was seen trading above the $40,000 mark finally which displayed signs of strength, altcoins were yet to follow the same price action. The current price movement of Doge has managed to invalidate its recent rally. If the coin manages to break past the $0.151 mark, the coin can begin to rally again providing respite to traders.…

Dogecoin Plummets As Investors’ Doubts After Musk Twitter Takeover Unfold

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Investors are raising concerns about Elon Musk’s acquisition of Twitter. After soaring to a multi-week high price, the Dogecoin has crashed by 20% and is trading at $0.1381 with a total market cap of around $18 billion. In an announcement on Monday, Twitter agreed to be acquired by Tesla and SpaceX CEO Elon Musk for $54 per share. This would give the company a value of more than $44 billion. Related Reading | Dogecoin (DOGE) Struggles, Drops 9% After Elon Musk Twitter Buyout Many people thought that Musk buying Twitter…

Dogecoin Whale Transactions Reach 3 1/2-Month High

“Musk’s acquisition of Twitter, which has played a key role in crypto discourse and has adopted the asset class, has spurred speculation about possible implications,” crypto derivatives firm FRNT Financial’s daily newsletter dated April 26 said. “For example, a number of DOGE-related profiles have circulated an exchange on Twitter where Musk responded ‘that would be [sick]’ to the suggestion of replacing the social media platform’s blue bird logo ‘to a doge.’” Source

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Dogecoin (DOGE) Struggles, Drops 9% After Elon Musk Twitter Buyout

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Dogecoin struggles to maintain its momentum, dropping steadily by 9%. And it seems investors are letting the chips fall where they may. Following the announcement that Elon Musk would buy Twitter, DOGE soared 26% and everything went bullish especially after the news that the Tesla CEO bought Twitter for $44 billion. Suggested Reading | Dogecoin (DOGE) Trading Volume Plunges – Here’s Why Musk Shakes Things Up For DOGE Apparently, the popular meme coin had a sharp spike in April 5 when Musk decided to join Twitter’s board with a 9.2%…

"URGENT"Coinbase Just Leaked This About Shiba Inu News!!!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io “URGENT”Coinbase Just Leaked This About Shiba Inu News!!! “URGENT”Coinbase Just Leaked This About Shiba Inu News!!! Welcome to Crypto Giant! The Shiba Inu has been added to Crypto.com’s pet section. DeFi Wallet is a type of digital wallet that uses defibrillators to store data. Adding Shiba Inu (CRYPTO: SHIB) to its decentralised finance (DeFi) wallet is a first for cryptocurrency exchange Crypto.com, which bills itself as the “Dogecoin (CRYPTO: DOGE) killer” and claims to have “killed” the popular cryptocurrency Dogecoin (CRYPTO: DOGE).…

Dogecoin (DOGE) Trading Volume Plunges

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With a bearish market, the canine-themed meme coin Dogecoin suffered a major decline in trading volume. Investor interest also dramatically waned starting December 2021. Further, there was a huge 66% slump in trading volume from January to March of 2021. Things got even worse in February when Russia invaded Ukraine.   Suggested Reading | Dogecoin (DOGE) Jumps 30% After Elon Musk Buys Twitter DOGE Slumps from 2021 In January this year, Dogecoin’s trading volume was at $33.51 billion. Comparatively, the trading volume in February 2022 dropped further to $22.44 billion. The…