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Cryptonews

22m

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104

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Memecoin PNUT Soars 200%, Reaches $1 Billion Market Cap on Back of Heartbreak

  • Peanut the Squirrel, a new meme coin, has gained attention and surged by over 1,500% in just three days.
  • The coin has entered the top 50 cryptocurrencies by market cap and amassed a market cap of over $2 billion.
  • The rise of Peanut the Squirrel is attributed to its charming theme and a heart-breaking backstory.
  • The squirrel, who became an internet sensation, was confiscated by the New York Department of Environmental Conservation and euthanized for testing rabies, which it was later found not to have.

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6 Likes

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Insider

12h

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Dogecoin spikes another 15% after Musk appointed to lead DOGE department for Trump

  • Dogecoin spiked 15% after Donald Trump announced a DOGE department.
  • Elon Musk and Vivek Ramaswamy will lead the department.
  • Dogecoin's market value reached $63 billion on Wednesday.
  • The broader crypto market now has a total valuation of over $3 trillion.

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9 Likes

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Crypto-News-Flash

16h

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286

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Trump Appoints Elon Musk to Lead ‘Department of Government Efficiency’ – DOGE Rockets 70%

  • Donald Trump has appointed Elon Musk and Vivek Ramaswamy to lead a newly formed Department of Government Efficiency (D.O.G.E) until July 2026.
  • Elon Musk and Vivek Ramaswamy will work to enhance government spending and administration effectiveness through structural reforms and an entrepreneurial approach.
  • The Department of Government Efficiency will focus on dismantling bureaucracy, eliminating unnecessary regulations, reducing wasteful spending, and reorganizing federal agencies.
  • The connection between Elon Musk and Dogecoin continues to drive the price, with DOGE soaring approximately 70% in the past week.

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17 Likes

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Silicon

17h

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Trump Appoints Elon Musk To Lead Government Efficiency Department

  • Donald Trump has appointed Elon Musk and former presidential candidate Vivek Ramaswamy to lead the Department of Government Efficiency (Doge).
  • The Doge department, despite its name, will not be a government agency but will provide advice and guidance to the White House in driving large-scale structural reform and an entrepreneurial approach to government.
  • The duo's role includes conducting a complete financial and performance audit of the federal government, recommending drastic reforms, and reducing government spending by $2 trillion.
  • Elon Musk has pledged to document all department actions online for transparency and promised to keep a leaderboard for wasteful spending of tax dollars.

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15 Likes

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TheNewsCrypto

19h

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299

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Dogecoin Dips After 50% Surge as Bulls Defend Key Support

  • Dogecoin (DOGE) is currently trading at $0.3842 with a 24-hour trading volume of $36.67 billion, marking a significant surge.
  • DOGE saw a slight daily dip of 6.55% but remains the sixth-largest cryptocurrency with a market cap of $56.39 billion.
  • A bullish flag pattern suggests a potential 45% upside for DOGE if it can hold above the $0.35 support level.
  • If DOGE breaks through the $0.56 resistance level, a larger rally may occur, while a dip below $0.35 support could lead to a brief pullback.

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18 Likes

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Zycrypto

19h

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211

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Parabolic Spike In The Cards For Dogecoin As Trump Confirms Elon Musk To Lead D.O.G.E. Agency

  • President-elect Donald Trump has chosen Elon Musk and Vivek Ramaswamy to lead the new Department of Government Efficiency (D.O.G.E).
  • The D.O.G.E agency aims to cut bureaucracy, reduce regulations, and restructure federal agencies.
  • Elon Musk, a supporter of Dogecoin, will be involved in the D.O.G.E project, which may further boost the cryptocurrency's price and hype.
  • Dogecoin has experienced a parabolic spike recently, with some predicting a price target of $1.

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12 Likes

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Bitcoinist

6h

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Dogecoin Price Chart Patterns Shows Similarities To Bitcoin In 2016, Why This Is Good

  • Veteran trader Peter Brandt has identified similarities between Dogecoin's current price action and Bitcoin's price movements from 2015-2016.
  • Brandt compares Dogecoin's price action to Bitcoin's cycle from 2015 to 2016 when Bitcoin was still priced below $1,000.
  • If Dogecoin continues to mirror Bitcoin's patterns, it could experience a strong surge in the future, similar to Bitcoin's rally in 2017.
  • The recent rally in Dogecoin's price has been largely driven by retail traders, and it has gained attention due to Elon Musk and Vivek Ramaswamy's involvement in the newly created Department of Government Efficiency.

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Newsbtc

7h

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259

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Dogecoin Price To $20? Higher Montly Close Suggests 8,000% Run Is Possible

  • The Dogecoin price is down by 9% in 24 hours, but it is in a good place to reverse these losses soon.
  • Dogecoin is on track to close November above the previous highest monthly close level, which historically has led to a stronger rally.
  • Whenever Dogecoin has closed above its highest monthly close in the past, it has gained more than 1,000% in just a few months.
  • If history repeats itself, Dogecoin could see a surge between 1,000% and 8,000% in the coming months.

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15 Likes

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Insider

7h

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319

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Stock market today: Indexes trade mixed as investors assess rate outlook after new inflation data

  • US stocks traded mixed on Wednesday as traders assessed inflation data and the outlook for rates.
  • Inflation rose 0.2% for the month and 2.6% on a yearly basis, in-line with expectations.
  • Traders see a rate cut in December, with the outlook for a January cut less certain.
  • The latest inflation data dented some of the momentum of the post-election stock rally.

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19 Likes

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Bitcoinist

10h

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78

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Crypto Founder Sells Dogecoin To Buy PEPE, Here’s Why

  • Max, the founder of Because BTC, has sold off his Dogecoin holdings to buy Pepe tokens.
  • Max made this unexpected investment decision based on the technical analysis of DOGE.D and PEPE.D charts.
  • He initially invested in Dogecoin due to a bullish pattern, but now sees a similar bullish outlook for Pepe.
  • The Dogecoin price has declined by 9.8% while Pepe is predicted to become the new dominant meme coin.

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4 Likes

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Bitcoinist

12h

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79

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Dogecoin Explodes 113% After Trump Announced Key Admin Role For Elon Musk

  • Dogecoin, the popular meme coin, has exploded with a 113% surge in value after President-elect Donald Trump announced a key admin role for Elon Musk.
  • Elon Musk has a long history with Dogecoin, and his influence has played a significant role in the coin's price increase.
  • Incoming President Donald Trump has announced the creation of the Department of Government Efficiency (DOGE), headed by Elon Musk and Vivek Ramaswamy.
  • There are speculations that Dogecoin may see further price increase, with analysts targeting $0.70 in the short term and $3.00 in the long term.

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4 Likes

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Bitcoinist

13h

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239

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Dogecoin Adoption Heats Up: Small Wallets Under 100,000 DOGE Sees Sharp Spike

  • The adoption of Dogecoin, the largest meme coin, is heating up with a surge in small DOGE wallets.
  • The number of wallets holding less than 100,000 DOGE has significantly increased, indicating growing interest among smaller investors.
  • Large-scale investor behavior is shifting, with a decline in shark and whale wallets while smaller investors accumulate DOGE.
  • Despite a recent drop in DOGE's price, investors continue to show confidence and interest in the meme coin.

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14 Likes

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Bitcoinist

15h

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145

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Dogecoin Dips 10% As Trump Taps Musk And Ramaswamy For ‘DOGE’

  • Dogecoin (DOGE) has dropped 10% in the last 24 hours, despite the announcement of the Department of Government Efficiency (DOGE) by President-elect Donald Trump.
  • Elon Musk and Vivek Ramaswamy have been appointed to lead the initiative, aimed at dismantling government bureaucracy and cutting wasteful expenditures.
  • The establishment of the DOGE department was expected to generate positive momentum for Dogecoin, but the price took an unexpected downward turn.
  • Analysts predict a potential correction in the Dogecoin price before it heads higher.

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8 Likes

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Cryptoticker

19h

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Dogecoin Trade Becomes Real as Trump Endorses D.O.G.E.

  • Dogecoin, once just a fun internet meme, is now making serious waves in the world of trading.
  • Donald Trump endorsed D.O.G.E, turning Dogecoin from a joke to a mainstream cryptocurrency.
  • Trump appointed Elon Musk and Vivek Ramaswamy to lead the Department of Government Efficiency, aiming to make government operations more efficient.
  • The endorsement and government involvement in Dogecoin could drive its price up and give it long-term legitimacy.

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7 Likes

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Crypto-News-Flash

20h

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37

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Could Dogecoin Really Hit $5 by 2025? Exploring the Elon Effect

  • Dogecoin is seen as an 'insane market outlier' with potential for a breakthrough against Bitcoin.
  • Elon Musk's influence and the strong community support drive Dogecoin's bullish sentiment.
  • The breakout against Bitcoin indicates potential long-term gains, with the possibility of reaching $2.00 and even $5.00.
  • The general momentum in the cryptocurrency industry and potential institutional acceptance could further fuel Dogecoin's growth.

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