Dogecoin Sheds 25% As $57M Flees Market — Can The Memecoin Recover?
Dogecoin fell sharply on Tuesday, losing a quarter of its value and retreating to the $0.19 mark after a recent run of gains ran out of steam. Traders said the move followed a failure to hold above the $0.23–$0.24 range and a break below a short-term rising channel that had been supporting prices earlier in October. Related Reading: Bitcoin Whale Breaks 13-Year Silence, Moves $33 Million To Exchange Technical Weakness Deepens The price action on the daily chart points to weakening momentum. Dogecoin could not defend $0.22, and that breach opened the door to faster selling that sent the....
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A crypto analyst has shared a Dogecoin price chart over a daily time frame, highlighting key price levels to watch out for as the meme coin attempts to recover towards the coveted $1 milestone. Although the Dogecoin price has seen significant volatility and declines recently, the crypto analyst remains confident in the memecoin’s bullish outlook. […]
The first Dogecoin ETF is set to go live next week, becoming the first memecoin ETF ever to launch. Market experts have shared their opinions on what this could mean for the future of crypto, as well as insights into how the fund would operate. Meme Coin ETF Era Kicks Off With First Dogecoin ETF […]
The notorious meme crypto asset dogecoin has seen better days, as the digital currency tapped an all-time high (ATH) two months ago at $0.737 per unit. Today, dogecoin is down 67% since the ATH and over 30% during the last three months as interest in the dog meme coin is waning. Dogecoin Interest Dives, Meme-Token’s Value Down 67% Since ATH Worldwide interest in DOGE is slipping, as the search query “dogecoin” on Google Trends (GT) has slid from an ATH in interest. Dogecoin lost 79% by scoring a 100 in the second week of May to this week’s score of 21. Google Trends....
Fresh-faced memecoin, Dogecoin 2.0, has ruffled the feathers of the Dogecoin Foundation with its name. The Dogecoin Foundation has issued a statement distancing itself from a new copycat project called Dogecoin 2.0 (DOGE2), firing off legal demands that the new memecoin change its name.In a letter published Aug. 31st, the Dogecoin Foundation asserts it has engaged brand protection lawyers to contact Dogecoin 2.0’s developers in a bid to “protect the Dogecoin community from being misled and to protect the Dogecoin name from possible misuse.”Dogecoin 2.0’s website indirectly throws shade at....
With Dogecoin and Shiba Inu at the center, 2021 observed an incredible memecoin mania.. Both DOGE and SHIB saw rallies that were unprecedented even in the crypto world. Dogecoin Vs Shiba Inu: The Stage Of The 2021 Memecoin Mania 2021 had some absurd memecoin rallies, but at the center of it all was of course the battle between the two dog coins, DOGE and SHIB. It all began when, soon after Tesla had made its purchase of Bitcoin, Elon Musk began to make frequent tweets about Dogecoin. This would become the spark for several incredible runs that the coin would have shortly after. At the same....