Despite the significant whale transfers from Robinhood, Dogecoin (DOGE) slipped slightly but remained above $0.39. In under an hour, upwards of 90 million DOGE tokens, valued at about $33.5 million, were transferred from Robinhood to Coinbase and an unknown wallet. Whale Alert flagged the large withdrawals, which stirred investor attention and speculation about its future The post Whales Move $30M DOGE Amid Dogecoin Price Correction appeared first on CoinGape .
Larry Harmon laundered 350,000 BTC, but he was treated leniently for his help in jailing Roman Sterlingov.
A major shift is underway, as investors flock to volatile memecoins during Bitcoin’s peaks or market turbulence. Memecoins have once again outperformed top altcoins, with some even posting three-digit weekly
XRP traded relatively calmly on Friday following a robust surge on Thursday that boosted its price by just over 20%, reaching $0.9.
Pepe Unchained hits a $30M presale milestone, fueling excitement for its exchange launch and Ethereum Layer 2 goals. #partnercontent
Pepe Unchained hits a $30M presale milestone, fueling excitement for its exchange launch and Ethereum Layer 2 goals. #partnercontent
The world’s first tokenized money market fund is now on the Ethereum (ETH) layer smart contract platform. In a post on social media platform X, global asset manager Franklin Templeton announces the launch of its Franklin OnChain U.S. Government Money Fund (FOBXX) on the leading smart contract platform. Franklin OnChain U.S. Government Money Fund uses The post Investment Giant Franklin Templeton Expands Its On-Chain Money Market Fund to Ethereum (ETH) appeared first on The Daily Hodl .
Dogecoin (DOGE) has become one of the most popular cryptocurrencies after a 112% growth in the past week. DOGE leads another meme currency craze with this move, proving it can still steal the show and top the crypto scene. Related Reading: Shiba Inu Price Watch: 60% Rally Catches Whale Attention – Is More Growth Ahead? Memecoins Performing Well According to Santiment data, meme-based cryptocurrencies are doing better than most assets partly because of speculation and the explosion of social engagement on X, Reddit, Telegram and other similar platforms. DOGE has had record bull market gains, reaching 30,700% in 2021. However, parabolic increases often result in strong corrections, like its 80% plunge after its 2017 rally. Dogecoin is approaching major resistance levels that could affect its short-term trend, so traders should be cautious. Dogecoin Price Prediction: How High Can It Go? Taking into account the present pace of market trends and expanding demand, recent estimates indicate that the price of DOGE is anticipated to record an appreciation of 107% over the course of the three-month period, according to data provided by CoinCheckup. Longer-term projections show more modest increase; the price is predicted to rise by 43% over six months and by 31% over a year. This slow stability implies DOGE could keep its increasing speed even when the excitement fades. Crypto Kaleo states that DOGE’s cyclical behavior exhibits a readiness for a breakout. If it breaks its resistance at $0.10, then the price – which is currently at $0.37 – may head all the way up to $0.15 and beyond, just as in its historical patterns of impulsive growth. The support remains strong at $0.075. This level should provide a safety net for investors in case of a pullback. $DOGE From a cyclical perspective, Dogecoin is in the process of making the massive impulse move to new All Time Highs at the early stages of a new bull market that its known for. 200+ days after each $BTC halving, DOGE made swift moves with massive multiples. Even the timing… pic.twitter.com/1iSINqSY3j — K A L E O (@CryptoKaleo) November 13, 2024 Related Reading: Solana Rising: Key Metrics Hint At Serious Ethereum Competitor What Factors Are Propelling Dogecoin’s Momentum? The rally of DOGE corresponds with an increase in social dominance, as Santiment research indicates that meme-related debates are prevalent in cryptocurrency forums. This increase in community engagement highlights the speculative characteristics of the current market while also indicating a revitalized retail presence. An increase in trade activity strengthens the narrative for continued momentum in the near term. Dogecoin’s rise in value shows that it will remain famous and be appealing to investors. As the memecoin gets closer to important resistance levels, traders need to be careful and use a mix of hope and caution. Featured image from WSJ, chart from TradingView
A major shift is underway, as investors flock to volatile memecoins during Bitcoin’s peaks or market turbulence.
Elon Musk’s artificial intelligence venture, xAI, is nearing the completion of a $6 billion funding round. As reported by CNBC, this financial injection will bring the company’s valuation up to $50 billion. The funding comprises $5 billion from the Middle Eastern sovereign wealth funds and the remaining $1 billion from other investors, some of whom