Dogwifhat [WIF] presents a mixed outlook as it grapples with bearish pressures, but overall market sentiment continues to show bullish tendencies. The token’s recent performance indicates an uncertain path forward,
Like many other cryptocurrencies , Dogecoin’s price action in the past week has been highlighted by a notable correction . Dogecoin, in particular, saw its price break below $0.3 for the first time in four weeks, leading to a bottom below $0.27. According to an interesting take by crypto analyst Master Kenobi, Dogecoin could continue on a gradual decline in the next few months before another strong move upwards. Interesting Outlook For Dogecoin Price Although Dogecoin has recovered above the $0.3 mark at the time of writing, Master Kenobi recently teased the possibility of the leading meme coin to continue on a gradual decline in the short term. Sharing his thoughts on the social media platform X, the analyst outlined a potential roadmap for DOGE, predicting a period of decline followed by an explosive rally. “What if DOGE…is gearing up for its third and final leap in such a scenario?” Kenobi speculated . According to his observation, the cryptocurrency might experience a gradual drop in value until mid-April, culminating around April 15. In terms of a price target, this decline could see the Dogecoin price falling to as low as $0.175, which would essentially erase most of its gains in the past two months or so. Following this decline, the analyst suggested, Dogecoin could embark on a strong upward trajectory starting May 5, with the rally potentially peaking in mid-August. This rally is predicted to be highlighted by a break into new all-time highs above the current one of $0.74, with an eventual peak above $1 by August 18. Timelines Put The Rally Much Closer Kenobi’s outlook on Dogecoin seems to deviate from the current sentiment among Dogecoin investors and other analysts, especially the bearish first half of his prediction. Nonetheless, it also remains a possibility, considering the unpredictable nature of cryptocurrencies. Interestingly, Kenobi made it clear that his post was purely speculative. “Not saying it will happen, but it caught my eye, and I thought I’d share it with you too,” he noted. The general consensus is that Dogecoin is resuming its uptrend along the rest of the crypto market very soon. If not in the last few days of 2024, surely sometime in early 2025. In another recent analysis, Master Kenobi noted that the RSI indicator points to Dogecoin resuming its uptrend in the next few weeks. Dima James, another crypto analyst, noted that Dogecoin is still able to reach above $10 this cycle. This bullish sentiment is also echoed by another analyst known as Trader Tardigrade, who noted that Dogecoin is well on track to reaching above $1 sooner than later. Featured image from DALL-E, chart from TradingView
WIF could face further declines but retains an overall bullish market sentiment.
Interpol placed Richard Schueler, widely known as Richard Heart, the founder of Hex, on its global wanted list through a Red Notice following allegations of tax fraud and assault in Finland. The Red Notice serves as a worldwide request for law enforcement agencies to locate and provisionally arrest Schueler. Finnish authorities are pursuing Schueler’s arrest based on tax evasion allegations spanning from June 2, 2020, to April 2, 2024. The case has gained additional gravity as Schueler now appears on Europe’s most wanted fugitives list, where authorities detail disturbing assault allegations involving a minor. Interpol notice According to the listing, Schueler allegedly “physically assaulted a 16-year-old victim by grabbing their hair, dragging them into the stairwell and knocking them to the ground.” You might also like: California residents indicted in $22m crypto fraud case While Schueler has not directly addressed the Red Notice, which was preceded by a remand order issued three months ago, he has maintained an active presence on social media. In a recent lengthy post on X, he appeared to indirectly reference his situation, challenging “haters” to surpass his claimed $27 million contribution to medical research and other accomplishments. If the haters really wanted to get me down they could raise more than the $27M I did for medical research. Write free self help books better than my sciVive and Fix The World. Work in the courts for legal precedent for P2P publishing software. Found things that work flawlessly… — Richard Heart (@RichardHeartWin) December 22, 2024 “Why settle for being wanted, when you can be the most wanted?” Schueler highlighted his various initiatives, including self-help books and P2P publishing software. He further emphasized his perceived positive impact, stating, “I really do the best I can to make the world a better place, and I must say, the world can be pretty unkind to folks making a difference.” 1D HEX price chart from CoinGecko The crypto market has reacted quickly to the news, with Hex ( HEX ) experiencing a sharp 25% decline in value following the announcement. The price of HEX is down by over 99% since its all-time high of $0.5561. While a Red Notice does not constitute an international arrest warrant, it elevates the pressure on Schueler. You might also like: NFT sales surge 33% to $302m: Pudgy Penguins #4611 goes for almost $494k
Interpol placed Richard Schueler, widely known as Richard Heart, the founder of Hex, on its global wanted list through a Red Notice following allegations of tax fraud and assault in Finland. The Red Notice serves as a worldwide request for…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Dogecoin and PEPE struggle as investors turn to a new $0.04 DeFi coin with massive ROI potential by 2025. Table of Contents Dogecoin faces increased accumulation despite brief correction Pepe rides the meme coin wave as it inches closer to mainstream adoption FXGuys emerges as the best forex trading platform for crypto investors Upgrade portfolio 100x: Invest in FXG Dogecoin (DOGE) and Pepe (PEPE), major players in the meme coin scene, have gained significant traction among crypto investors due to their potential for huge surges. However, they have experienced recent slow performance. Due to this slump, Dogecoin and PEPE holders have shifted their focus to this new $0.04 coin. This new project is the best forex trading platform for small and large crypto investors because of its potential to deliver a massive ROI. Crypto investors who want to double their earnings by 2025 are flocking to this DeFi token to secure their holdings. Stay tuned to discover about the new project that is attracting DOGE and PEPE investors! You might also like: Investors eye PropFi boom: $500 on FXGuys, Shiba Inu holders chase $50K returns Dogecoin faces increased accumulation despite brief correction Dogecoin has witnessed a surge in active addresses over the past month. As of December 2024, Dogecoin has reached 9.52 million active addresses , signaling increased adoption and user involvement. Despite the surge in active wallets, DOGE has lost 14.1% over the past month and is trading at $0.39. DOGE’s price decline is due to the reduction in the broader interest in meme coins. If this continues, experts believe that Dogecoin may face challenges in reaching the $1 mark. However, Dogecoin investors have placed hopes in a new $0.04 that can boost their profits despite the dip. Pepe rides the meme coin wave as it inches closer to mainstream adoption PEPE ’s fading momentum has gained attention from investors as the token dropped from its all-time high of $0.000028, slipping 19% to its current price. The frog-themed meme coin has hit a wall due to the fading meme coin hype as the market experiences correction after the November 2024 price pump. Recent data further suggests that whales are increasing their PEPE holdings, signaling positive sentiment around the project. Yet, there are mixed signals as PEPE’s price remains bearish, with a decline of 11.3% over the past week. This is why PEPE investors set their sights on a new $0.04 DeFi coin to boost their profits. FXGuys emerges as the best forex trading platform for crypto investors FXGuys (FXG ) has come to the frontline as the best forex trading platform, with a vision for small and large crypto investors. The protocol’s unique features include Trade2Earn and Trader Funding programs and a no-KYC policy. The Trade2Earn feature rewards active traders with the FXG token for every trade. This feature will, in turn, create a continuous demand for the token as crypto investors are incentivized to make more trades on the platform. The FX Guys Trader Funding Program makes this profit-multiplying capability a reality for crypto investors by providing them with capital for their trading activities. This program allows talented traders access to as much as $500,000 in funding after passing the Challenge Phase. Traders on the FXGuys platform also retain 80% of their profits, with just 20% going to the platform. This percentage increases as traders scale up their incomes, making FX Guys the best cryptocurrency to buy now. Furthermore, FXGuys has a no-KYC policy to enable private and anonymous trading. And to ensure that all traders’ investments on the platform are safe, FXGuys has undergone a rigorous security audit by Soken and SolidProof. Upgrade portfolio 100x: Invest in FXG Dogecoin and PEPE’s crypto investors have noted FXGuys’ potential to provide double-digit profits, making it the best cryptocurrency to buy now. Currently, in Stage 2 of the public presale, FXG is priced at $0.04. FXGuys ‘ reputation as the best cryptocurrency to buy now is why the presale has raised over $3 million as it draws closer to Stage 3. Once the FXG presale enters Stage 3, Stage 2 investors will enjoy 25% gains and up to 150% ROI once it lists at $0.10. Crypto investors participating in the FXG presale could see an investment of $100 rise to $10,000 after the launch. Additionally, being an FXG holder allows users to stake their tokens for rewards. Users can earn up to 20% APY when they lock their tokens for a specific period. This staking mechanism is a great way to earn passive income while encouraging long-term holding. Therefore, join the FXG presale and access exciting benefits and huge gains! For more information, visit the FXGuys website , read the whitepaper , and join the online community for the latest updates. Read more: FXGuys presents a shot at taking $100 to $10,000 while SUI and Avalanche consolidate Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
Dogecoin and PEPE struggle as investors turn to a new $0.04 DeFi coin with massive ROI potential by 2025. #partnercontent
If the United States boldly leaps into action with a strategic bitcoin reserve under the Trump administration, this daring move could spark a worldwide financial upheaval, crowning bitcoin proponents as the ultimate guardians of freedom in a crumbling fiat realm. Here’s a theoretical tale on how this strategic bitcoin stash and the rise of bitcoin’s
Bitcoin ( BTC ) is seeking to extend its impressive 2024 run into the new year, aiming to reclaim and establish its price above the $100,000 mark. This potential surge is fueled by industry optimism, with some market players expecting the asset to climb higher , driven by the sustainability of the post-election momentum despite the current short-term volatility. While Bitcoin leads the charge, several altcoins also show strong potential to rally, possibly even outperforming BTC. With this in mind, Finbold consulted OpenAI’s ChatGPT-4o for insights on which altcoin could take center stage. XRP The artificial intelligence (AI) tool highlighted that XRP’s future looks brighter than ever, thanks to recent favorable developments in a legal battle between Ripple and the Securities Exchange Commission ( SEC ). The latest updates from the case indicate that the chances of XRP being reclassified as a security have diminished. Additionally, Gary Gensler’s upcoming exit as the head of the SEC is viewed as a bullish trigger for the asset. There is speculation that the case could be thrown out entirely if crypto-friendly Paul Atkins is confirmed to lead the regulator. With the new administration set to take over, XRP could rally further, building on its recent breakout amid anticipation of possible approval for a related exchange-traded fund ( ETF ). Overall, ChatGPT stressed that positive regulatory outcomes could spark massive institutional adoption, driving the asset’s value upwards. At the same time, the OpenAI platform noted that Ripple’s established partnerships with financial institutions for cross-border transactions further cement its role as a bridge currency, which could boost demand. It’s worth noting that XRP is among the standout winners of the current bull market, having broken out of a prolonged consolidation phase below $1. XRP is exhibiting short-term bearish sentiments aligning with the broader cryptocurrency market. As of press time, XRP was trading at $2.23, reflecting a 1.6% loss on the daily chart and an 8% decline over the past week. Notably, XRP has recorded returns of over 285% in 2024, outperforming Bitcoin’s 115% gain. XRP YTD price chart. Source: Finbold From a technical perspective, Dark Defender’s analysis, shared in an X post on December 21, indicated that XRP appears to be repeating a familiar pattern observed on its four-hour chart, but this time on the daily timeframe, signaling a potentially explosive move ahead. XRP price analysis chart. Source: Dark Defender In the past, XRP dropped 21% to $1.0033 before rallying from $1.2680 to $2.9070. The current daily structure mirrors this, with a 34% dip to $1.9010. If XRP breaks above $2.90, targets of $5.85 and $8.76 could follow. Solana (SOL) The AI tool selected the decentralized finance asset Solana ( SOL ) as the second altcoin likely to outperform Bitcoin. ChatGPT-4o cited Solana’s strong fundamentals, such as high speed and low transaction costs, which have the potential to attract more users to the platform. With a stronger developer activity and a growing ecosystem, Solana is set to benefit as more projects are built on its network. This aligns with an Electric Capital report that showed Solana surpassed Ethereum ( ETH ) in new developer growth for the first time since 2016. In 2024, Solana led the blockchain ecosystem with an 83% year-on-year increase in new developers. As of press time, Solana is trading at $182, having dropped over 2% in the last 24 hours and plunging more than 17% over the past week. Year-to-date, SOL has rallied 80%. SOL YTD price chart. Source: Finbold Regarding Solana’s next potential move, prominent on-chain analyst Ali Martinez suggested the asset might be setting up for a rebound. In an X post on December 21, Martinez observed that the range between $188 and $179 is a critical support level that previously acted as resistance from March to November. This area now serves as a potential launchpad for the next move. SOL price analysis chart. Source: TradingView/Ali Martinez Adding to the bullish outlook, Solana’s Relative Strength Index ( RSI ) has dropped to 31.72, a point that has historically signaled price rebounds. Meanwhile, the Stochastic RSI is in oversold territory, suggesting SOL could be primed for a reversal. Despite XRP and Solana’s potential to outperform, their price movements will likely follow Bitcoin’s lead. While both altcoins have strong fundamentals and catalysts, Bitcoin’s performance will remain the primary force shaping the broader crypto market. Featured image via Shutterstock The post AI picks 2 altcoins set to outperform Bitcoin in January 2025 appeared first on Finbold .
According to MicroStrategy co-founder Michael Saylor, the company currently holds 439,000 Bitcoin, valued at approximately $27 billion.