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Dogecoin Deflates: What’s Behind The 20% Price Drop Amidst Memecoin Mania?

Cryptocurrency Market News

Dogecoin (DOGE), the Shiba Inu-themed memecoin, finds itself in a curious situation. While the number of holders and overall interest in DOGE surges, its price has experienced a significant drop in the past week. This inconsistency reflects the broader volatility of the memecoin market, currently experiencing an influx of novice traders. IntoTheBlock, a blockchain analytics…

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Memecoins Reign Supreme: CoinGecko Reveals Most Profitable Crypto Narrative Of Q1

Meme Coins

In the first quarter of 2024 (Q1), memecoins emerged as the most profitable crypto narrative, delivering massive average returns of 1312.6% across its top tokens, according to a recent study and report conducted by CoinGecko. This figure far surpassed the returns of other narratives, highlighting the growing popularity and frenzy surrounding memecoins in the cryptocurrency…

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Dogecoin Hits Major Roadblock As Whales Go On Massive Selling Spree

Dogecoin

new three-year high of $0.22.  Dogecoin Witnesses Wave Of Profit-Taking Data from the market intelligence platform Santiment shows a drop in the number of Dogecoin holders holding between 10 million and 100 million DOGE tokens. This suggests that some holders have offloaded their tokens to secure profits from DOGE’s recent price gains.  This wave of…

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DOGE Price Prediction – Dogecoin Could Restart Rally If It Holds This Support

Doge

Dogecoin is correcting gains from the $0.230 zone against the US Dollar. DOGE must stay above the $0.1750 support zone to start a fresh increase. DOGE struggled to stay above $0.225 and corrected gains against the US dollar. The price is trading above the $0.1750 level and the 100 simple moving average (4 hours). There…

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Traders Not Showing Dogecoin FOMO, Good Sign For Rally?

Dogecoin

On-chain data suggests traders haven’t been showing FOMO towards Dogecoin despite the latest rally, a sign that could be positive for its continuation. Dogecoin Total Amount Of Holders Has Remained Flat Recently According to data from the on-chain analytics firm Santiment, FOMO, which would normally be associated with tops, has been absent from the Dogecoin…

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Dogecoin Price Poised For Massive 600% Rally In April: Crypto Analyst

Dogecoin

Dogecoin, a frontrunner in the meme coin genre of crypto, is showing bullish signals on its technical charts that could indicate an impending rally, according to noted crypto analyst Ali Martinez. Via X, he stated: I feel my fellow degens have been distracted with the new shiny memecoins, but Dogecoin remains the most important altcoin…

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Dogecoin Open Interest Hits Record $2.2 Billion – What’s Next For DOGE Price?

Dogecoin

The Dogecoin open interest has been on the rise over the past few weeks, breaking and setting new all-time highs twice this March. Unsurprisingly, the price of the meme coin has been reflecting the growth seen by its open interest. This recent bullish momentum pushed the price of DOGE to break the $0.22 mark, its…

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Dogecoin Price Breaks New 3-Year High – Here Are Factors That Could Drive The Price To $1

Dogecoin

The price of Dogecoin (DOGE) recently broke a 3-year high after rising to $0.22. This move continues the remarkable run made by the foremost meme coin and has strengthened the belief that DOGE could increase to $1 before the end of this bull run.  Interest In Dogecoin Set To Skyrocket With Coinbase Listing  Bitcoinist reported…

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Dogecoin Enters New Trend Set To Drive Price To $0.3: Analyst

Dogecoin

Amid the recent momentum displayed by the meme-inspired cryptocurrency Dogecoin (DOGE), Rekt Capital, a crypto trader and analyst, has identified a new trend that could propel DOGE’s price to the $0.3 price mark in the short term. Dogecoin (DOGE) Inititate New Macro Uptrend Over the past few weeks, Dogecoin has been performing fairly well, triggering…

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Dogecoin Jumps 37% – How High Can DOGE Go This April?

Cryptocurrency Market News

Retail and institutional investors alike are taking notice as Dogecoin (DOGE), the playful cryptocurrency born from internet fame, experiences a surprising surge. Prices jumped almost 10% in a single day this week, marking a 37% increase over the past seven days, according to CoinGecko. This unexpected rally has the “Doge army” howling with excitement, but…

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